Ask Forex Private Limited - Due diligence report

A 360° intelligence report on Ask Forex Private Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

2017-09-15 Bangalore South, Karnataka Active Unlisted Active Compliant
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AF Ask Forex Private Limited

Ask Forex Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
79/100
Trust Score
Low Risk

Ask Forex Private Limited is assessed as Low Risk with a Trust Score of 79/100. Ask Forex Private Limited is an active private limited indian non-government company incorporated in 2017, operating in the Business Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 13 Jun 2026 from the latest processed filings. Ask Forex Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
79/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
KRISHNAPPA SHANTHA 01234567 Director 01/04/2018 6 yrs Approved
MURALIDHARHONNAHUGGI RAO 01234567 Director 01/04/2018 6 yrs Approved
LURD WING JOHN 01234567 Director 01/04/2018 6 yrs Approved
MANJUNATH CHANNARAYAPPA 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • KRISHNAPPA SHANTHA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 65
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 8 years.
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 61% in a year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence83/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment92/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view72/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 10 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
20 Aug 2020
Director appointed
LURD WING JOHN (Additional Director)
Director appointed
MANJUNATH CHANNARAYAPPA (Director)
Director ceased
HUNNAHUGI SESHA MANOHAR
29 Jun 2019
Director ceased
NETHRA KUMAR DODDASHEETYKARI GANGADARA
25 Jun 2019
Director appointed
MURALIDHARHONNAHUGGI RAO (Additional Director)
31 May 2019
Director ceased
ASHOK KUMAR BALACHANDRAN
28 Mar 2019
Director appointed
KRISHNAPPA SHANTHA (Additional Director)
15 Sep 2017
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 1 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Pratima Forex Private Limited U74999WB2017PTC222754 Uluberia - I, West Bengal, India
Urza Forex Private Limited U74999DL2017PTC325283 Delhi, Delhi, India
Worldwide Nuts Private Limited U74999DL2017PTC325328 Delhi, Delhi, India
Sridev'S Ajantha Bakers & Sweets Private Limited U74999TN2017PTC114945 Chennai, Tamil Nadu, India
Blackbaud Industry Private Limited U74999DL2017PTC319772 Delhi, Delhi, India
Fenal Projects Private Limited U74999WB2018PTC229477 Kolkata, West Bengal, India
Conquer Merchandise Private Limited U74999DL2018PTC328421 Pitampura Landmark Near Rohal Arcade, Delhi, India
Basirhat Sree Krishna Traders Private Limited U74900WB2014PTC199593 Basirhat, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Ask Forex Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Ask Forex Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Ask Forex Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 79/100, distress signals and MSME payment-delay disclosures - know whether Ask Forex Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Ask Forex Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ask Forex Private Limited an active company?

Ask Forex Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Ask Forex Private Limited financially healthy?

Ask Forex Private Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Ask Forex Private Limited?

Its overall Trust Score is 79/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ask Forex Private Limited?

See the directors and ownership sections above for board and shareholding detail. 4 active director(s) are on record.

Does Ask Forex Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Ask Forex Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Ask Forex Private Limited?

Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.