Biswas Forex Private Limited
About Biswas Forex Private Limited
Data last updated:
Biswas Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 26 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65990WB2017PTC222922. The company has 1 GST registration on record, which is no longer active.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 ₹26 Lakh. It is led by directors Piyali Poddar and Ashis Kumar Biswas.
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 67A Surendra Nath Banerjee Road Ground Floor, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.56 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹80,987 (net margin 0%) and EBITDA of ₹3.71 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 791% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address67A Surendra Nath Banerjee Road Ground Floor, Kolkata, West Bengal, India – 700014
- IndustryFinancial Services, Forex Services
- 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
- One PDF report, delivered after checkout
Business Activity of Biswas Forex Private Limited
The main business activity of Biswas Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Biswas Forex Private Limited FY 2025 filings available
Biswas Forex Private Limited reported revenue of ₹17.56 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Biswas Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 27% fall in the latest year. EBITDA rose 5% 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 of Biswas Forex Private Limited
| 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 | ₹3.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹80,987 | •••• | •••• | •••• | •••• |
| 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 of Biswas Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Biswas Forex are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Biswas Forex Private Limited
Biswas Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyali Poddar | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
| Ashis Kumar Biswas | Director | 26 Sep 2017 | 9 Years 0 Months | Current |
Peer Comparison of Biswas Forex Private Limited
Biswas Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nakoda Forex Private Limited | ₹17.82 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Bose Forex Private Limited | ₹17.81 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| Pushpam Forex and Commodities Private Limited | ₹17.77 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Trishan Forex Private Limited | ₹17.77 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Kolkata, West Bengal, India |
| JMD Forex Private Limited | ₹17.64 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Biswas Forex Private Limited this company | ₹17.56 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Kolkata, West Bengal, India |
| Forex Room Private Limited | ₹17.54 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Gwalpahari, Haryana, India |
| Sar Forex and Leisure Private Limited | ₹17.54 Cr (FY 2023) | •••• | •••• | 263.0% | •••• | New Delhi, Delhi, India |
| Supertrust Forex Private Limited | ₹17.47 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Noida, Uttar Pradesh, India |
| Gatimaan Tours & Travels Private Limited | ₹17.46 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Kolkata, West Bengal, India |
| Calicut Forex and Travels Private Limited | ₹17.37 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kozhikode, Kerala, India |
Peers are the five companies nearest above and the five nearest below Biswas Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Biswas Forex Private Limited
Biswas Forex Private Limited is audited by SRIVASTAVA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRIVASTAVA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Biswas Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Biswas Forex Private Limited
Biswas Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Biswas Forex Private Limited
Employment history and EPFO contributions of people linked to Biswas Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Biswas Forex Private Limited
Biswas Forex Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Abir Kumar Biswas ceased to be Managing Director on 31 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Biswas Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Biswas Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Biswas Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Biswas Forex Private Limited
Biswas Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Biswas Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Biswas Forex Private Limited
Biswas Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 26 September 2017 (9+ years old) and is registered under CIN U65990WB2017PTC222922.
Biswas Forex reported revenue of ₹17.56 Cr for FY 2025 (down 27% YoY).
Biswas Forex has 2 current directors:
- Piyali Poddar - Director
- Ashis Kumar Biswas - Director
Biswas Forex reported a net profit of ₹80,987 (net margin 0%) and EBITDA of ₹3.71 Lakh (EBITDA margin 0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Biswas Forex is 791% over three years and -8% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
No. Biswas Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Biswas Forex is U65990WB2017PTC222922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Biswas Forex was incorporated on 26 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Biswas Forex by revenue are Nakoda Forex Private Limited, Bose Forex Private Limited, Pushpam Forex and Commodities Private Limited, Trishan Forex Private Limited, JMD Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Abir Kumar Biswas ceased to be Managing Director on 31 Jul 2023. Piyali Poddar was appointed as Director on 31 Jul 2023. Ashis Kumar Biswas was appointed as Director on 26 Sep 2017.
The registered office of Biswas Forex is at 67A Surendra Nath Banerjee Road Ground Floor, Kolkata, West Bengal, India – 700014.