Aarsheya Forex Private Limited
About Aarsheya Forex Private Limited
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Aarsheya Forex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 18 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2018PTC100602.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Kinjal Navinchandra Paun and Hardik Mansukhlal Paun.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.07 Cr. For the same year it recorded a net profit of ₹72,430 (net margin 0.1%) and EBITDA of ₹1.26 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 5% over five years.
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- Registered AddressMahalaxmi Com GF Hs – 8, Nr Kkv Hall Kalwad Rd, Rajkot, Gujarat, India – 360001
- IndustryFinancial Services, Forex Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Aarsheya Forex Private Limited FY 2025 filings available
Aarsheya Forex Private Limited reported revenue of ₹8.07 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aarsheya Forex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years. EBITDA rose 122% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Aarsheya Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72,430 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aarsheya Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aarsheya Forex are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Aarsheya Forex Private Limited
Aarsheya Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kinjal Navinchandra Paun | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
| Hardik Mansukhlal Paun | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
| Mina Navinchandra Paun | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
Peer Comparison of Aarsheya Forex Private Limited
Aarsheya Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shakti Forex Private Limited | ₹8.18 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Sethi Forex Private Limited | ₹8.14 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Amritsar, Punjab, India |
| Raj Forex Services Private Limited | ₹8.13 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Punjab, India |
| Aps Forex Services Private Limited | ₹8.12 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| K Nanavatti and Company Private Limited | ₹8.07 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Gandhidham, Gujarat, India |
| Aarsheya Forex Private Limited this company | ₹8.07 Cr (FY 2025) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Harish Forex Services Private Limited | ₹8.05 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Jaipur, Rajasthan, India |
| Baktha Money Changers Private Limited | ₹8.05 Cr (FY 2024) | •••• | •••• | 143.0% | •••• | Dindigul, Tamil Nadu, India |
| Rathna Forex Private Limited | ₹7.97 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Hyderabad, Telangana, India |
| F R Ratnagar and Company Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| S.K.Das Forex & Travels Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Aarsheya Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aarsheya Forex Private Limited
Aarsheya Forex Private Limited is audited by A C THAKRAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A C THAKRAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Aarsheya Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aarsheya Forex Private Limited
Aarsheya Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aarsheya Forex Private Limited
Employment history and EPFO contributions of people linked to Aarsheya Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aarsheya Forex Private Limited
Aarsheya Forex Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Hardik Mansukhlal Paun was appointed as Director on 18 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Aarsheya Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aarsheya Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aarsheya Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aarsheya Forex Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aarsheya Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aarsheya Forex Private Limited
Aarsheya Forex is an active private limited company based in Rajkot, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 18 January 2018 (8+ years old) and is registered under CIN U67100GJ2018PTC100602.
Aarsheya Forex reported revenue of ₹8.07 Cr for FY 2025.
Aarsheya Forex has 3 current directors:
- Kinjal Navinchandra Paun - Director
- Hardik Mansukhlal Paun - Director
- Mina Navinchandra Paun - Director
Aarsheya Forex reported a net profit of ₹72,430 (net margin 0.1%) and EBITDA of ₹1.26 Lakh (EBITDA margin 0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aarsheya Forex is 46% over three years and 5% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Aarsheya Forex is U67100GJ2018PTC100602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarsheya Forex was incorporated on 18 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aarsheya Forex by revenue are Shakti Forex Private Limited, Sethi Forex Private Limited, Raj Forex Services Private Limited, Aps Forex Services Private Limited, K Nanavatti and Company Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Hardik Mansukhlal Paun was appointed as Director on 18 Jan 2018. Kinjal Navinchandra Paun was appointed as Director on 18 Jan 2018. Mina Navinchandra Paun was appointed as Director on 18 Jan 2018.
The registered office of Aarsheya Forex is at Mahalaxmi Com GF Hs – 8, Nr Kkv Hall Kalwad Rd, Rajkot, Gujarat, India – 360001.
Aarsheya Forex has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh.