Asifa Forex Private Limited
About Asifa Forex Private Limited
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Asifa Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 23 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2017PTC119182. Its GSTIN is 33AAQCA1574Q1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹40.5 Lakh and a paid-up capital of ₹40.5 Lakh. It is led by directors Habila Begum and Noor Mohamed Ansari Thameem.
Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 7/1 3/1 Murugesan Street Chetpet, Chennai, Tamil Nadu, India – 600031.
As per the financials filed for FY 2026, the company reported a revenue of ₹45.43 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹17.54 Lakh (net margin -38.6%) and EBITDA of -₹17.48 Lakh (EBITDA margin -38.5%). Revenue has grown at a compounded annual rate (CAGR) of 69% 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
Asifa Forex 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 AddressNo. 7/1 3/1 Murugesan Street Chetpet, Chennai, Tamil Nadu, India – 600031
- IndustryFinancial Services, Forex Services
To see the full contact details of Asifa 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 Asifa 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 Asifa Forex Private Limited, buy the company report.
Financials of Asifa Forex Private Limited
FY 2025 filings availableAsifa Forex Private Limited reported revenue of ₹45.43 Lakh (down 98% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹17.48 Lakh | ||||
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| Net Profit (PAT) | -₹17.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | -38.5% | ||||
| Net Profit Margin | -38.6% | ||||
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To see the full financial statements and ratios of Asifa Forex Private Limited, buy the company report.
Board of directors of Asifa Forex Private Limited
Asifa Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Habila Begum | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
| Noor Mohamed Ansari Thameem | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Asifa Forex Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Splendid Forex Private Limited | ₹20.22 Cr (FY 2025) | 44.0% | Pune, Maharashtra, India | |||
| Putul Tours & Travels Private Limited | ₹20.2 Cr (FY 2025) | -43.0% | Kolkata, West Bengal, India | |||
| Captain Forex Private Limited | ₹20.19 Cr (FY 2019) | 811.0% | Virar, Maharashtra, India | |||
| Vezpa Forex Private Limited | ₹20.19 Cr (FY 2025) | -41.0% | Kolkata, West Bengal, India | |||
| World Air & Forex Private Limited | ₹20.18 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Ishwar Forex Private Limited | ₹20.1 Cr (FY 2020) | New Delhi, Delhi, India | ||||
| Ouma Rosa Travels Private Limited | ₹20.03 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Yaso Forex and Leisure Private Limited | ₹20.03 Cr (FY 2024) | -4.0% | Chennai, Tamil Nadu, India | |||
| Watermark Forex Private Limited | ₹19.96 Cr (FY 2024) | 48.0% | Secunderabad, Telangana, India | |||
| Asifa Forex Private Limitedthis company | ₹45.43 Lakh (FY 2026) | -₹17.54 Lakh | -38.6% | -98.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Asifa Forex Private Limited, buy the company report.
Shareholding
The shareholding of Asifa Forex Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Asifa Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asifa 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 Asifa Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asifa Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAQCA1574Q1Z3 | Tamil Nadu | Active | 22 Jan 2018 |
To see the full GST registrations and return filing status of Asifa Forex Private Limited, buy the company report.
Recent activity
Asifa Forex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Habila Begum was appointed as Director on 23 Oct 2017.
Frequently asked questions
Asifa Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 23 October 2017 (9+ years old) and is registered under CIN U65929TN2017PTC119182.
Asifa Forex has 2 current directors:
- Habila Begum - Director
- Noor Mohamed Ansari Thameem - Director
The latest financial statements of Asifa Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 July 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Asifa Forex is 33AAQCA1574Q1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asifa Forex is U65929TN2017PTC119182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asifa Forex was incorporated on 23 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Asifa Forex by revenue are Splendid Forex Private Limited, Putul Tours & Travels Private Limited, Captain Forex Private Limited, Vezpa Forex Private Limited, World Air & Forex Private Limited and 4 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Habila Begum was appointed as Director on 23 Oct 2017. Noor Mohamed Ansari Thameem was appointed as Director on 23 Oct 2017.
The registered office of Asifa Forex is at No. 71 31 Murugesan Street Chetpet, Chennai, Tamil Nadu, India – 600031.
Asifa Forex operates in the financial services industry, in the forex services segment.
The compliance status of Asifa Forex is compliant as of 25 July 2026. The company is actively filing with the Registrar of Companies.