Bandra Forex Private Limited
About Bandra Forex Private Limited
Data last updated:
Bandra Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 03 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2017PTC291941. Its GSTIN is 27AAHCB1043L1ZQ (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors including Sureshkumar Hirachandji Jain and Sushank Suresh Solanki.
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 14 Solanki Medical & Gen.Strs New Adarsh Sra Chs Ltd Pali Hill Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.35 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹33,033 (net margin 0.1%) and EBITDA of ₹52,791 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bandra Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address14 Solanki Medical & Gen.Strs New Adarsh Sra Chs Ltd Pali Hill Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Bandra 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 Bandra Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Bandra Forex Private Limited, buy the company report.
Financials of Bandra Forex Private Limited
FY 2025 filings availableBandra Forex Private Limited reported revenue of ₹4.35 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 56% 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
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| EBITDA | ₹52,791 | ||||
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| Net Profit (PAT) | ₹33,033 | ||||
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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 | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Bandra Forex Private Limited, buy the company report.
Board of directors of Bandra Forex Private Limited
Bandra Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Hirachandji Jain Also directs: Shrishti Inspirations LLP | Director | 03 Mar 2017 | 9 Years 7 Months | Current |
| Suraj Suresh Kumar Solanki | Additional Director | 15 Apr 2017 | 9 Years 6 Months | Current |
| Sushank Suresh Solanki | Director | 03 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Bandra Forex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Money Square Business Solutions Private Limited | ₹4.38 Cr (FY 2025) | 28.0% | Bangalore, Karnataka, India | |||
| Carbon Finance Limited | ₹4.38 Cr (FY 2019) | 3.0% | Kolkata, West Bengal, India | |||
| Mansarovar Tradelink Private Limited | ₹4.37 Cr (FY 2025) | 1289.0% | Kolkata, West Bengal, India | |||
| Myroots Rural Business Centres Private Limited | ₹4.36 Cr (FY 2025) | -21.0% | Mumbai, Maharashtra, India | |||
| Prudent Asset India Private Limited | ₹4.35 Cr (FY 2025) | 11.0% | Navi Mumbai, Maharashtra, India | |||
| Bandra Forex Private Limitedthis company | ₹4.35 Cr (FY 2025) | ₹33,033 | 0.1% | -38.0% | Mumbai, Maharashtra, India | |
| Jain Commodity Broking Private Limited | ₹4.35 Cr (FY 2025) | 314.0% | Kolkata, West Bengal, India | |||
| Tayara Consultants Private Limited | ₹4.35 Cr (FY 2025) | 426.0% | Mumbai, Maharashtra, India | |||
| Raxon Motor Finance Private Limited | ₹4.34 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Sambhavit Insurance Brokers Private Limited | ₹4.33 Cr (FY 2025) | -41.0% | Mumbai, Maharashtra, India | |||
| Evergreen Forex Private Limited | ₹4.33 Cr (FY 2024) | 46.0% | Visakhapatnam, Andhra Pradesh, India |
To see the full peer comparison of Bandra Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bandra 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 Bandra Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bandra Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB1043L1ZQ | Maharashtra | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Bandra Forex Private Limited, buy the company report.
Recent activity
Bandra Forex Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Suraj Suresh Kumar Solanki was appointed as Additional Director on 15 Apr 2017.
Frequently asked questions
Bandra Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 03 March 2017 (9+ years old) and is registered under CIN U67190MH2017PTC291941.
Bandra Forex has 3 current directors:
- Sureshkumar Hirachandji Jain - Director
- Suraj Suresh Kumar Solanki - Additional Director
- Sushank Suresh Solanki - Director
The latest financial statements of Bandra Forex 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 FY 2017 are in the company report.
The GSTIN of Bandra Forex is 27AAHCB1043L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bandra Forex is U67190MH2017PTC291941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bandra Forex was incorporated on 03 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bandra Forex by revenue are Money Square Business Solutions Private Limited, Carbon Finance Limited, Mansarovar Tradelink Private Limited, Myroots Rural Business Centres Private Limited, Prudent Asset India Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Suraj Suresh Kumar Solanki was appointed as Additional Director on 15 Apr 2017. Sureshkumar Hirachandji Jain was appointed as Director on 03 Mar 2017. Sushank Suresh Solanki was appointed as Director on 03 Mar 2017.
The registered office of Bandra Forex is at 14 Solanki Medical & Gen.Strs New Adarsh Sra Chs Ltd Pali Hill Bandra West, Mumbai, Maharashtra, India – 400050.
Bandra Forex operates in the financial services industry, in the auxiliary to financial intermediatory segment.
The compliance status of Bandra Forex is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.