
Basant Forex Private Limited
About Basant Forex Private Limited
Data last updated:
Basant Forex Private Limited is a private limited company based in Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 20 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45202PB2006PTC030088. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Gurwinder Kaur and Sukhwinder Singh.
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 Near Patti Wali Galimain Bazar Moga, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.29 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹28,302 (net margin 0.1%) and EBITDA of ₹43,191 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Basant Forex Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Patti Wali Galimain Bazar Moga, Punjab, India
- IndustryFinancial Services, Forex Services
To see the full contact details of Basant 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 Basant 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 Basant Forex Private Limited, buy the company report.
Financials of Basant Forex Private Limited
FY 2025 filings availableBasant Forex Private Limited reported revenue of ₹3.29 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 27% 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 |
|---|---|---|---|---|---|
| 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 | ₹43,191 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28,302 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Basant Forex Private Limited, buy the company report.
Board of directors of Basant Forex Private Limited
Basant Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurwinder Kaur | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Sukhwinder Singh | Director | 20 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Basant Forex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Ashok Forex Private Limited | ₹3.39 Cr (FY 2025) | 5.0% | Delhi, India | |||
| Fornas Forex Services Private Limited | ₹3.38 Cr (FY 2025) | -33.0% | Erattupetta, Kerala, India | |||
| KP Forex Private Limited | ₹3.35 Cr (FY 2024) | 175.0% | Pune, Maharashtra, India | |||
| Malani Forex Services Private Limited | ₹3.29 Cr (FY 2025) | -73.0% | New Delhi, Delhi, India | |||
| Basant Forex Private Limitedthis company | ₹3.29 Cr (FY 2025) | ₹28,302 | 0.1% | -23.0% | Punjab, India | |
| Dasswin Forex Private Limited | ₹3.26 Cr (FY 2025) | 6.0% | Madurai, Tamil Nadu, India | |||
| Abn Travels and Forex Private Limited | ₹3.24 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Basant Forex Private Limited, buy the company report.
Auditor
Basant Forex Private Limited is audited by VISHAL G MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL G MITTAL & ASSOCIATES | FY 2023 | 024265N |
Shareholding
The shareholding of Basant 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 Basant Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Basant 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 Basant Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Basant Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Basant Forex Private Limited, buy the company report.
Recent activity
Basant Forex Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Gurwinder Kaur ceased to be Additional Director on 30 Oct 2020.
Frequently asked questions
Basant Forex is an active private limited company based in Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 20 April 2006 (20+ years old) and is registered under CIN U45202PB2006PTC030088.
Basant Forex has 2 current directors:
- Gurwinder Kaur - Director
- Sukhwinder Singh - Director
The latest financial statements of Basant 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 2015 are in the company report.
No. Basant Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Basant Forex is U45202PB2006PTC030088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basant Forex was incorporated on 20 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Basant Forex by revenue are Ashok Forex Private Limited, Fornas Forex Services Private Limited, KP Forex Private Limited, Malani Forex Services Private Limited, Dasswin Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Gurwinder Kaur ceased to be Additional Director on 30 Oct 2020. Gurwinder Kaur was appointed as Director on 26 Nov 2019. Jaswinder Singh ceased to be Director on 26 Nov 2019. Basant Forex has 5 board changes on record in total.
The registered office of Basant Forex is at Near Patti Wali Galimain Bazar Moga, Punjab, India.
Basant Forex operates in the financial services industry, in the forex services segment.
The compliance status of Basant Forex is compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.