Asha Forex (India) Private Limited
About Asha Forex (India) Private Limited
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Asha Forex (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 06 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2014PTC095307. Its GSTIN is 33AAMCA5805C1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹54 Lakh and a paid-up capital of ₹54 Lakh. It is led by directors Ramaiah Nimalanathan and Nimalanathan Ramani.
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 Shop No. 4 First Floor 1/9 Bazaar Road Mugappair East, Chennai, Tamil Nadu, India – 600037.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.5 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 12.6%) and EBITDA of ₹2.28 Lakh (EBITDA margin 19.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asha Forex (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 4 First Floor 1/9 Bazaar Road Mugappair East, Chennai, Tamil Nadu, India – 600037
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Asha Forex (India) 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 Asha Forex (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Asha Forex (India) Private Limited, buy the company report.
Financials of Asha Forex (India) Private Limited
FY 2025 filings availableAsha Forex (India) Private Limited reported revenue of ₹11.5 Lakh (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 24% fall in the latest year. EBITDA fell 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.28 Lakh | ||||
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| Net Profit (PAT) | ₹1.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 12.6% | ||||
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To see the full financial statements and ratios of Asha Forex (India) Private Limited, buy the company report.
Board of directors of Asha Forex (India) Private Limited
Asha Forex (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaiah Nimalanathan | Director | 06 Mar 2014 | 12 Years 7 Months | Current |
| Nimalanathan Ramani | Director | 06 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Asha Forex (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anvasta Consultants Private Limited | ₹11.55 Lakh (FY 2025) | 132.0% | Dombivli, Maharashtra, India | |||
| Bava Infra Advisory Solutions (OPC) Private Limited | ₹11.53 Lakh (FY 2022) | 258.0% | Mumbai, Maharashtra, India | |||
| Kameswari Consultancy Services Private Limited | ₹11.53 Lakh (FY 2025) | -71.0% | Chennai, Tamil Nadu, India | |||
| Haya Commercial Services Private Limited | ₹11.53 Lakh (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Calyx Investments Private Limited | ₹11.51 Lakh (FY 2019) | 89.0% | Mumbai, Maharashtra, India | |||
| Asha Forex (India) Private Limitedthis company | ₹11.5 Lakh (FY 2025) | ₹1.45 Lakh | 12.6% | -24.0% | Chennai, Tamil Nadu, India | |
| Clickirr Technologies Private Limited | ₹11.48 Lakh (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Vijayvargiya Securities Limited | ₹11.48 Lakh (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| Sidh Automobiles Limited | ₹11.46 Lakh (FY 2024) | -30.0% | New Delhi, Delhi, India | |||
| Hawk-I Investment & Insurance Marketing Private Limited | ₹11.45 Lakh (FY 2024) | 22.0% | Gurgaon, Haryana, India | |||
| Syt Global Financial Services Private Limited | ₹11.42 Lakh (FY 2024) | -26.0% | Pune, Maharashtra, India |
To see the full peer comparison of Asha Forex (India) Private Limited, buy the company report.
Auditor
Asha Forex (India) Private Limited is audited by RDV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RDV & ASSOCIATES | FY 2017 | 015173S |
Shareholding
The shareholding of Asha Forex (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asha Forex (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asha Forex (India) 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 Asha Forex (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asha Forex (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCA5805C1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asha Forex (India) Private Limited, buy the company report.
Recent activity
Asha Forex (India) Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Nimalanathan Ramani was appointed as Director on 06 Mar 2014.
Frequently asked questions
Asha Forex (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in advisory, within the financial services industry. It was incorporated on 06 March 2014 (12+ years old) and is registered under CIN U67190TN2014PTC095307.
Asha Forex (India) has 2 current directors:
- Ramaiah Nimalanathan - Director
- Nimalanathan Ramani - Director
The latest financial statements of Asha Forex (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asha Forex (India) is 33AAMCA5805C1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asha Forex (India) is U67190TN2014PTC095307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Forex (India) was incorporated on 06 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Asha Forex (India) by revenue are Anvasta Consultants Private Limited, Bava Infra Advisory Solutions (OPC) Private Limited, Kameswari Consultancy Services Private Limited, Haya Commercial Services Private Limited, Calyx Investments Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Nimalanathan Ramani was appointed as Director on 06 Mar 2014. Ramaiah Nimalanathan was appointed as Director on 06 Mar 2014.
The registered office of Asha Forex (India) is at Shop No. 4 First Floor 19 Bazaar Road Mugappair East, Chennai, Tamil Nadu, India – 600037.
Asha Forex (India) operates in the financial services industry, in the advisory segment.
The compliance status of Asha Forex (India) is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.
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