Ashiva Forex Private Limited
About Ashiva Forex Private Limited
Data last updated:
Ashiva Forex Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 29 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63040HR2015PTC054436. Its GSTIN is 06AANCA3275F1ZO (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Rinku Sharma and Anas.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. S – 14 Second Floor Baani Square Sector – 50 Gurugram Haryana – 122018, Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2024, the company reported a revenue of ₹393.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.14 Lakh (net margin 0%) and EBITDA of ₹8.52 Lakh (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 718% over three years and 761% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashiva Forex Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. S – 14 Second Floor Baani Square Sector – 50 Gurugram Haryana – 122018, Gurgaon, Haryana, India – 122018
- IndustryFinancial Services, Forex Services
To see the full contact details of Ashiva 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 Ashiva 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 Ashiva Forex Private Limited, buy the company report.
Financials of Ashiva Forex Private Limited
FY 2024 filings availableAshiva Forex Private Limited reported revenue of ₹393.81 Cr (up 2535% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 761% over five years. EBITDA rose 438% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹8.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.14 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | |||||
To see the full financial statements and ratios of Ashiva Forex Private Limited, buy the company report.
Board of directors of Ashiva Forex Private Limited
Ashiva Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rinku Sharma | Director | 30 May 2023 | 3 Years 4 Months | Current |
| Anas | Director | 30 May 2023 | 3 Years 4 Months | Current |
Peer comparison
Ashiva Forex Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Rnfi Money Private Limited | ₹490.29 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| 7Janpath Forex Private Limited | ₹419.1 Cr (FY 2025) | -11.0% | Janpath Lane, Delhi, India | |||
| Ruhi Forex Private Limited | ₹411.78 Cr (FY 2022) | 110.0% | New Delhi, Delhi, India | |||
| Ashiva Forex Private Limitedthis company | ₹393.81 Cr (FY 2024) | ₹5.14 Lakh | 0% | 2535.0% | Gurgaon, Haryana, India | |
| Sapphire Forex Private Limited | ₹380.86 Cr (FY 2025) | -80.0% | Gurgaon, Haryana, India | |||
| Samurai Forex Private Limited | ₹375.15 Cr (FY 2019) | 1125.0% | Vasai -Palghar, Maharashtra, India | |||
| Naha Forex Private Limited | ₹365.49 Cr (FY 2019) | 78.0% | Kolkata, West Bengal, India | |||
| Gopal Forex Private Limited | ₹345.22 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashiva Forex Private Limited, buy the company report.
Auditor
Ashiva Forex Private Limited is audited by STK & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| STK & COMPANY | FY 2023 | 0032814N |
Shareholding
The shareholding of Ashiva Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashiva Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashiva 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 Ashiva Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashiva Forex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AANCA3275F1ZO | Haryana | Active | 09 May 2019 |
| 07AANCA3275F1ZM | Delhi | Active | 10 Jun 2022 |
To see the full GST registrations and return filing status of Ashiva Forex Private Limited, buy the company report.
Recent activity
Ashiva Forex Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Preetam Sharma ceased to be Additional Director on 17 Jul 2023.
Frequently asked questions
Ashiva Forex is an active private limited company based in Gurgaon, Haryana, India. The company works in forex services, within the financial services industry. It was incorporated on 29 January 2015 (11+ years old) and is registered under CIN U63040HR2015PTC054436.
Ashiva Forex has 2 current directors:
- Rinku Sharma - Director
- Anas - Director
The latest financial statements of Ashiva Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashiva Forex is 06AANCA3275F1ZO, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AANCA3275F1ZM (Delhi).
The CIN (Corporate Identification Number) of Ashiva Forex is U63040HR2015PTC054436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashiva Forex was incorporated on 29 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ashiva Forex by revenue are Rnfi Money Private Limited, 7Janpath Forex Private Limited, Ruhi Forex Private Limited, Sapphire Forex Private Limited, Samurai Forex Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Preetam Sharma ceased to be Additional Director on 17 Jul 2023. Neelima Gaur ceased to be Director on 31 May 2023. Anas was appointed as Director on 30 May 2023. Ashiva Forex has 6 board changes on record in total.
The registered office of Ashiva Forex is at Unit No. S – 14 Second Floor Baani Square Sector – 50 Gurugram Haryana – 122018, Gurgaon, Haryana, India – 122018.
Ashiva Forex operates in the financial services industry, in the forex services segment.
The compliance status of Ashiva Forex is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.