Sak Forex Markets Private Limited

Forex broker providing foreign exchange broking and related services since 2010 in Mumbai.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sak Forex Markets Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 22.02%
  • Profit Growth 52.40%
  • Ebitda -26.54%
  • Net Worth 19.37%
  • Total Assets 75.06%

About Sak Forex Markets

Sak Forex Markets Private Limited (SFMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 2010 and has a history of 14 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mrinal Thakkar, Shailesh Ashra, and Arjun Ashra serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2010PTC209886

  • Company No.

    209886

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Sak Forex Markets Private Limited

Explore comprehensive data for Sak Forex Markets Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sak Forex Markets?

Board Members (3)

NameDesignationAppointment DateStatus
Mrinal Thakkar Country flag representing In Director 02-Jan-2018Current
Shailesh Ashra Country flag representing In Director 14-Aug-2013Current
Arjun Ashra Country flag representing In Director 14-Aug-2013Current

Financial Performance of Sak Forex Markets.

Sak Forex Markets Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 22.02% increase. The company also saw a substantial improvement in profitability, with a 52.4% increase in profit. The company's net worth Soared by an impressive increase of 19.37%.

Sak Forex Markets revenue growth over time
Sak Forex Markets profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.02%
Revenue from Operations
-3.18%
Total Assets
75.06%
Profit or Loss
52.40%
Net Worth
19.37%
EBITDA
-26.54%

What is the Ownership and Shareholding Structure of Sak Forex Markets?

In 2020, Sak Forex Markets had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sak Forex Markets?

Sak Forex Markets has a workforce of 1 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sak Forex Markets Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sak Forex Markets, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sak Forex Markets's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sak Forex Markets

Recent activity within the organization

  • Annual General Meeting

    Sak Forex Markets Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sak Forex Markets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Mrinal Yogendra Thakkar was appointed as a Director was appointed as a Director on 02 Jan 2018 & has been associated with this company since 7 years 4 months .

  • Director Appointment

    Shailesh Natvarlal Ashra was appointed as a Director was appointed as a Director on 14 Aug 2013 & has been associated with this company since 11 years 9 months .

  • Director Appointment

    Arjun Gautam Ashra was appointed as a Director was appointed as a Director on 14 Aug 2013 & has been associated with this company since 11 years 9 months .

  • Company Incorporation

    Sak Forex Markets Private Limited was registered on 09 Nov 2010 with Roc Mumbai & aged 14 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sak Forex Markets Private Limited?

    Sak Forex Markets Private Limited was incorporated on 09 Nov 2010.

  • What is authorized share capital and paid-up capital of Sak Forex Markets Private Limited?

    The authorized share capital of Sak Forex Markets Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Sak Forex Markets Private Limited?

    Currently 3 directors are associated with Sak Forex Markets Private Limited.

    • Mrinal Yogendra Thakkar
    • Shailesh Natvarlal Ashra
    • Arjun Gautam Ashra

  • What is the registered address of Sak Forex Markets Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sak Forex Markets Private Limited is 204A Vikas Premises Co.Op.Society Ltd. 11 N.G.N. Vaidya Marg Fort, India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Sak Forex Markets Private Limited?

    The corporate identification number (CIN) of Sak Forex Markets Private Limited is U74999MH2010PTC209886 and the company number is 209886 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sak Forex Markets Private Limited?

    The Official website of Sak Forex Markets Private Limited is https://www.sakforex.in

  • What has been the recent revenue trend for Sak Forex Markets Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Sak Forex Markets Private Limited has risen by 22.02%.

  • How many employees does Sak Forex Markets Private Limited currently have?

    As Per 2020 financial reports, 1 employees are currently employed by Sak Forex Markets Private Limited.

  • What change has been observed in the net worth of Sak Forex Markets Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Sak Forex Markets Private Limited has experienced an upsurge of 19.37%.

  • When was the last Balance Sheet of Sak Forex Markets Private Limited filed with the ROC?

    The most recent Balance Sheet for Sak Forex Markets Private Limited was filed with the ROC on 31 Mar 2023.

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