Bhavin Forex Private Limited
About Bhavin Forex Private Limited
Data last updated:
Bhavin Forex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 28 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ1999PTC036641. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.65 Lakh. It is led by directors including Meghavi Makhecha Daxaybhai (Managing Director) and Sanat Champaklal Makhecha.
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 807 Star Plaza Opp. Ravi Hotel Near Circuit House, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.66 Lakh. For the same year it recorded a net profit of ₹2.94 Lakh (net margin 80.3%) and EBITDA of ₹3.65 Lakh (EBITDA margin 99.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bhavin Forex Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address807 Star Plaza Opp. Ravi Hotel Near Circuit House, Rajkot, Gujarat, India – 360001
- IndustryFinancial Services, Forex Services
To see the full contact details of Bhavin 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 Bhavin Forex Private Limited
FY 2025 filings availableBhavin Forex Private Limited reported revenue of ₹3.66 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.65 Lakh | ||||
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| Net Profit (PAT) | ₹2.94 Lakh | ||||
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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 | 99.7% | ||||
| Net Profit Margin | 80.3% | ||||
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To see the full financial statements and ratios of Bhavin Forex Private Limited, buy the company report.
Board of directors of Bhavin Forex Private Limited
Bhavin Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanat Champaklal Makhecha Also directs: Sukhada Foundation | Director | 13 Oct 2003 | 23 Years 0 Months | Current |
| Daxay Champaklal Makhecha Also directs: Caas Venture Network LLP, Emxcel Hospitality Solutions Private Limited, Emxcel Kiosk Solutions Private Limited and 5 more | Director | 13 Oct 2003 | 23 Years 0 Months | Current |
| Meghavi Makhecha Daxaybhai Also directs: Caas Venture Network LLP, Emxcel Hospitality Solutions Private Limited, Emxcel Kiosk Solutions Private Limited and 5 more | Managing Director | 23 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
Bhavin Forex Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodworth Forex & Services Private Limited | ₹3.8 Lakh (FY 2023) | -17.0% | New Delhi, Delhi, India | |||
| SSDN International Forex and Financial Services Private Limited | ₹3.8 Lakh (FY 2024) | -72.0% | Agra, Uttar Pradesh, India | |||
| Monga Travels & Forex Private Limited | ₹3.79 Lakh (FY 2022) | 1383.0% | Zirakpur, Punjab, India | |||
| Balurghat Forex & Travels Private Limited | ₹3.72 Lakh (FY 2018) | Balurghat, West Bengal, India | ||||
| Treles Technologies Private Limited | ₹3.7 Lakh (FY 2024) | -58.0% | Ernakulam, Kerala, India | |||
| Bhavin Forex Private Limitedthis company | ₹3.66 Lakh (FY 2024) | ₹2.94 Lakh | 80.3% | Rajkot, Gujarat, India | ||
| Mpact Global Private Limited | ₹3.65 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Deepak Air Services Private Limited | ₹3.63 Lakh (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Brahma Builders Private Limited | ₹3.55 Lakh (FY 2025) | -28.0% | Indore, Madhya Pradesh, India | |||
| ZS Tourism and Forex Private Limited | ₹3.47 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India | ||||
| AI Forex Private Limited | ₹3.41 Lakh (FY 2021) | -100.0% | Pune, Maharashtra, India |
To see the full peer comparison of Bhavin Forex Private Limited, buy the company report.
Auditor
Bhavin Forex Private Limited is audited by C M PAREKH AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M PAREKH AND ASSOCIATES | FY 2019 | 125088W |
Shareholding
The shareholding of Bhavin Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bhavin Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhavin 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 Bhavin Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavin 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 Bhavin Forex Private Limited, buy the company report.
Recent activity
Bhavin Forex Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Meghavi Makhecha Daxaybhai was appointed as Managing Director on 23 Jul 2015.
Frequently asked questions
Bhavin Forex is an active private limited company based in Rajkot, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 28 September 1999 (27+ years old) and is registered under CIN U67190GJ1999PTC036641.
Bhavin Forex has 3 current directors:
- Meghavi Makhecha Daxaybhai - Managing Director
- Sanat Champaklal Makhecha - Director
- Daxay Champaklal Makhecha - Director
The latest financial statements of Bhavin 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. Bhavin Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhavin Forex is U67190GJ1999PTC036641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavin Forex was incorporated on 28 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bhavin Forex by revenue are Goodworth Forex & Services Private Limited, SSDN International Forex and Financial Services Private Limited, Monga Travels & Forex Private Limited, Balurghat Forex & Travels Private Limited, Treles Technologies Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Meghavi Makhecha Daxaybhai was appointed as Managing Director on 23 Jul 2015. Daxay Champaklal Makhecha was appointed as Director on 13 Oct 2003. Sanat Champaklal Makhecha was appointed as Director on 13 Oct 2003.
The registered office of Bhavin Forex is at 807 Star Plaza Opp. Ravi Hotel Near Circuit House, Rajkot, Gujarat, India – 360001.
Bhavin Forex operates in the financial services industry, in the forex services segment.
The compliance status of Bhavin Forex is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.