Axicrop Forex Private Limited
About Axicrop Forex Private Limited
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Axicrop Forex Private Limited is a private limited company based in Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 03 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67110DL2018PTC336054. Its GSTIN is 07AARCA0850C1ZX (Delhi).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Sumedha Bhatnagar and Kusum.
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 Shop No – 123 First Floor Mp Mall Mp – Block Pitam Pura, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.15 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹20,736 (net margin -18%) and EBITDA of -₹2,826 (EBITDA margin -2.5%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 74% over five years.
Company details
Contact details
Axicrop Forex Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressShop No – 123 First Floor Mp Mall Mp – Block Pitam Pura, Delhi, India – 110034
- IndustryFinancial Services, Forex Services
To see the full contact details of Axicrop 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
Financials of Axicrop Forex Private Limited
FY 2024 filings availableAxicrop Forex Private Limited reported revenue of ₹1.15 Lakh (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 95% fall in the latest year. EBITDA rose 100% 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 |
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| EBITDA | -₹2,826 | ||||
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| Net Profit (PAT) | -₹20,736 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -18% | ||||
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To see the full financial statements and ratios of Axicrop Forex Private Limited, buy the company report.
Board of directors of Axicrop Forex Private Limited
Axicrop 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 |
|---|---|---|---|---|
| Sumedha Bhatnagar | Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Kusum | Director | 02 Aug 2021 | 5 Years 3 Months | Current |
Peer comparison
Axicrop Forex Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| RSV Forex Private Limited | ₹1.34 Lakh (FY 2025) | 14.0% | Navi Mumbai, Maharashtra, India | |||
| B N Forex Private Limited | ₹1.33 Lakh (FY 2024) | -99.0% | Ahmedabad, Gujarat, India | |||
| DSH Abroad Solution Private Limited | ₹1.22 Lakh (FY 2021) | 246.0% | Delhi, India | |||
| Axicrop Forex Private Limitedthis company | ₹1.15 Lakh (FY 2024) | -₹20,736 | -18% | -95.0% | Delhi, India | |
| Zeal Forex Private Limited | ₹98,809 (FY 2025) | -98.0% | Bhavnagar, Gujarat, India |
To see the full peer comparison of Axicrop Forex Private Limited, buy the company report.
Auditor
Axicrop Forex Private Limited is audited by RAJESH KRISHNA KHANNA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KRISHNA KHANNA & ASSOCIATES | FY 2019 | 007694N |
Shareholding
The shareholding of Axicrop 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 Axicrop Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Axicrop 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 Axicrop Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axicrop Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AARCA0850C1ZX | Delhi | Active | 30 Oct 2018 |
To see the full GST registrations and return filing status of Axicrop Forex Private Limited, buy the company report.
Recent activity
Axicrop Forex Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Kusum ceased to be Additional Director on 29 Nov 2021.
Frequently asked questions
Axicrop Forex is an active private limited company based in Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 03 July 2018 (8+ years old) and is registered under CIN U67110DL2018PTC336054.
Axicrop Forex has 2 current directors:
- Sumedha Bhatnagar - Director
- Kusum - Director
The latest financial statements of Axicrop 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 FY 2019 are in the company report.
The GSTIN of Axicrop Forex is 07AARCA0850C1ZX, registered in Delhi.
The CIN (Corporate Identification Number) of Axicrop Forex is U67110DL2018PTC336054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axicrop Forex was incorporated on 03 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Axicrop Forex by revenue are RSV Forex Private Limited, B N Forex Private Limited, DSH Abroad Solution Private Limited, Zeal Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Kusum ceased to be Additional Director on 29 Nov 2021. Sumedha Bhatnagar ceased to be Additional Director on 29 Nov 2021. Aakash Vij ceased to be Director on 04 Aug 2021. Axicrop Forex has 6 board changes on record in total.
The registered office of Axicrop Forex is at Shop No – 123 First Floor Mp Mall Mp – Block Pitam Pura, Delhi, India – 110034.
Axicrop Forex operates in the financial services industry, in the forex services segment.
Axicrop Forex can be reached at its registered office: Shop No – 123 First Floor Mp Mall Mp – Block Pitam Pura, Delhi, India – 110034.
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