AI Forex Private Limited
About AI Forex Private Limited
Data last updated:
AI Forex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 20 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2015PTC157280. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Akhlaque Ahmed Sayyed and Afsha Imran Sayyed.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No.2 Sn – 17 Shrimati Apt Pn – 12 Sayadri Park Kondhawa Kd, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.41 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹88,623 (net margin -26%) and EBITDA of -₹85,481 (EBITDA margin -25.1%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
AI Forex Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.2 Sn – 17 Shrimati Apt Pn – 12 Sayadri Park Kondhawa Kd, Pune, Maharashtra, India – 411048
- IndustryFinancial Services, Forex Services
To see the full contact details of AI Forex Private Limited, buy the company report.
- 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
Business activity
The main business activity of AI Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of AI Forex Private Limited, buy the company report.
Financials of AI Forex Private Limited
FY 2021 filings availableAI Forex Private Limited reported revenue of ₹3.41 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over three years. EBITDA rose 82% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.41 Lakh | ||||
| Other Income | |||||
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| EBITDA | -₹85,481 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹88,623 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.1% | ||||
| Net Profit Margin | -26% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of AI Forex Private Limited, buy the company report.
Board of directors of AI Forex Private Limited
AI Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhlaque Ahmed Sayyed | Director | 20 Nov 2015 | 10 Years 11 Months | Current |
| Afsha Imran Sayyed | Director | 20 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
AI Forex Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| AI Forex Private Limitedthis company | ₹3.41 Lakh (FY 2021) | -₹88,623 | -26% | -100.0% | Pune, Maharashtra, India | |
| Amster Forex Private Limited | ₹3.37 Lakh (FY 2025) | -71.0% | Ernakulam, Kerala, India | |||
| Ad Forex Private Limited | ₹3.29 Lakh (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Ambika Forex Private Limited | ₹3.05 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of AI Forex Private Limited, buy the company report.
Auditor
AI Forex Private Limited is audited by BIRADAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRADAR & CO | FY 2021 | 132672W |
Shareholding
The shareholding of AI Forex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of AI Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving AI Forex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for AI Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
AI Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of AI Forex Private Limited, buy the company report.
Recent activity
AI Forex Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Afsha Imran Sayyed was appointed as Director on 20 Nov 2015.
Frequently asked questions
AI Forex is an active private limited company based in Pune, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 20 November 2015 (11+ years old) and is registered under CIN U74999PN2015PTC157280.
AI Forex has 2 current directors:
- Akhlaque Ahmed Sayyed - Director
- Afsha Imran Sayyed - Director
The latest financial statements of AI Forex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
No. AI Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of AI Forex is U74999PN2015PTC157280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
AI Forex was incorporated on 20 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of AI Forex by revenue are Amster Forex Private Limited, Ad Forex Private Limited, Ambika Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Afsha Imran Sayyed was appointed as Director on 20 Nov 2015. Akhlaque Ahmed Sayyed was appointed as Director on 20 Nov 2015.
The registered office of AI Forex is at Shop No.2 Sn – 17 Shrimati Apt Pn – 12 Sayadri Park Kondhawa Kd, Pune, Maharashtra, India – 411048.
AI Forex operates in the financial services industry, in the forex services segment.
The compliance status of AI Forex is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.