Ankit Forex Private Limited
About Ankit Forex Private Limited
Data last updated:
Ankit Forex Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the forex services segment of the financial services sector. It was incorporated on 30 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U67190RJ2014PTC045658. Its GSTIN is 08AAMCA6490P1ZT (Rajasthan).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Alok Jain (Whole-Time Director) and Shyam Sundar Joshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.28 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹51,437 (net margin 0%) and EBITDA of ₹70,327 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address117 First Floor City Mall Near Rajput Sabha Bhawan Bhagwandas Roa, D, Jaipur, Rajasthan, India – 302001
- 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
Business Activity of Ankit Forex Private Limited
The main business activity of Ankit Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ankit Forex Private Limited FY 2025 filings available
Ankit Forex Private Limited reported revenue of ₹31.28 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ankit Forex Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 54% 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 Ankit 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 | ₹70,327 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51,437 | •••• | •••• | •••• | •••• |
| 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 Ankit Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Ankit Forex are in the company report.
Financial statements from 2015
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.
Peer Comparison of Ankit Forex Private Limited
Ankit 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 |
|---|---|---|---|---|---|---|
| Ettumanoor Forex and Financial Services Private Limited | ₹32.42 Cr (FY 2022) | •••• | •••• | -13.0% | •••• | Ettumanoor, Kerala, India |
| Gravity Forex and Travels Private Limited | ₹32.4 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Kolkata, West Bengal, India |
| Arihant Forex Private Limited | ₹32.19 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Punjab, India |
| Xenia Forex Private Limited | ₹31.88 Cr (FY 2023) | •••• | •••• | 1393.0% | •••• | Chennai, Tamil Nadu, India |
| Ojha Forex and Travels Private Limited | ₹31.76 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Ankit Forex Private Limited this company | ₹31.28 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Jaipur, Rajasthan, India |
| Competent Forex Services Private Limited | ₹31.26 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Alfe Sani Forex Private Limited | ₹31.26 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Kolkata, West Bengal, India |
| Purva (India) Forex Services Private Limited | ₹31.21 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Indore, Madhya Pradesh, India |
| Maharani Forex Private Limited | ₹31.2 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Vimal Forex India Private Limited | ₹31.04 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ankit 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 Ankit Forex Private Limited
Ankit Forex Private Limited is audited by D JAIN & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D JAIN & CO | 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.
Board of Directors of Ankit Forex Private Limited
Ankit Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Jain | Whole-Time Director | 30 Dec 2016 | 9 Years 9 Months | Current |
| Shyam Sundar Joshi | Whole-Time Director | 30 May 2014 | 12 Years 4 Months | Current |
Ownership and Shareholding of Ankit 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 Ankit Forex Private Limited
Ankit Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ankit Forex Private Limited
Employment history and EPFO contributions of people linked to Ankit 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 Ankit Forex Private Limited
Ankit Forex Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Anil Gupta ceased to be Director on 02 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Ankit 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 Ankit 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 Ankit 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 Ankit Forex Private Limited
Ankit Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAMCA6490P1ZT | Rajasthan | Active | 01 Jul 2017 |
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 Ankit 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 Ankit Forex Private Limited
Ankit Forex is an active private limited company based in Jaipur, Rajasthan, India. The company works in forex services, within the financial services industry. It was incorporated on 30 May 2014 (12+ years old) and is registered under CIN U67190RJ2014PTC045658.
Ankit Forex reported revenue of ₹31.28 Cr for FY 2025 (down 10% YoY).
Ankit Forex has 2 current directors:
- Alok Jain - Whole-Time Director
- Shyam Sundar Joshi - Whole-Time Director
Ankit Forex reported a net profit of ₹51,437 (net margin 0%) and EBITDA of ₹70,327 (EBITDA margin 0%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ankit Forex is 89% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ankit Forex is 08AAMCA6490P1ZT, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ankit Forex is U67190RJ2014PTC045658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ankit Forex was incorporated on 30 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ankit Forex by revenue are Ettumanoor Forex and Financial Services Private Limited, Gravity Forex and Travels Private Limited, Arihant Forex Private Limited, Xenia Forex Private Limited, Ojha Forex and Travels Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Anil Gupta ceased to be Director on 02 Jan 2017. Alok Jain was appointed as Whole-Time Director on 30 Dec 2016. Alok Jain ceased to be Director on 30 Dec 2016. Ankit Forex has 6 board changes on record in total.
The registered office of Ankit Forex is at 117 First Floor City Mall Near Rajput Sabha Bhawan Bhagwandas Roa, D, Jaipur, Rajasthan, India – 302001.