Chhabra Forex Private Limited
About Chhabra Forex Private Limited
Data last updated:
Chhabra Forex Private Limited was a private limited company based in Chandigarh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 26 December 2013.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67120CH2013PTC034888. Its GSTIN is 04AAFCC5359N1ZC (Chandigarh).
The company had an authorised share capital of ₹72 Lakh and a paid-up capital of ₹72 Lakh. It was led by directors including Mandeep Kaur (Managing Director) and Jasbir Singh Chhabra.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at SCO No. 841 – 842 First Floor Sector – 22 A, Chandigarh, India – 160022.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.28 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹17.13 Lakh (net margin -324.4%) and EBITDA of -₹16.91 Lakh (EBITDA margin -320.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 68% over five years.
Company details
Contact details
Chhabra Forex Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO No. 841 – 842 First Floor Sector – 22 A, Chandigarh, India – 160022
- IndustryFinancial Services, Financial Activities
To see the full contact details of Chhabra 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 Chhabra 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 Chhabra Forex Private Limited, buy the company report.
Financials of Chhabra Forex Private Limited
FY 2024 filings availableChhabra Forex Private Limited reported revenue of ₹5.28 Lakh (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 41% fall in the latest year. EBITDA rose 80% 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 | -₹16.91 Lakh | ||||
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| Net Profit (PAT) | -₹17.13 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 | -320.1% | ||||
| Net Profit Margin | -324.4% | ||||
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To see the full financial statements and ratios of Chhabra Forex Private Limited, buy the company report.
Board of directors of Chhabra Forex Private Limited
Chhabra Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasbir Singh Chhabra Also directs: Chhabra Forex LLP | Director | 26 Dec 2013 | 12 Years 10 Months | As last reported |
| Gurneet Singh Chhabra Also directs: Chhabra Forex LLP | Director | 26 Dec 2013 | 12 Years 10 Months | As last reported |
| Mandeep Kaur Also directs: Chhabra Forex LLP | Managing Director | 26 Dec 2013 | 12 Years 10 Months | As last reported |
Peer comparison
Chhabra Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Agragati Nidhi Limited | ₹5.29 Lakh (FY 2023) | 127.0% | Panchita, West Bengal, India | |||
| Kamgar Urban Multiple Nidhi Limited | ₹5.29 Lakh (FY 2021) | 2150.0% | Beed, Maharashtra, India | |||
| Kalluvathukkal Gramin Nidhi Limited | ₹5.29 Lakh (FY 2024) | 152.0% | Paripally, Kerala, India | |||
| Turnet Digi Solution Private Limited | ₹5.29 Lakh (FY 2024) | -20.0% | Noida, Uttar Pradesh, India | |||
| SPG Fincap Global Private Limited | ₹5.28 Lakh (FY 2025) | -54.0% | New Delhi, Delhi, India | |||
| Chhabra Forex Private Limitedthis company | ₹5.28 Lakh (FY 2024) | -₹17.13 Lakh | -324.4% | -41.0% | Chandigarh, India | |
| Taxlegit Consulting Private Limited | ₹5.28 Lakh (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Manwarmanovrat Nidhi Limited | ₹5.27 Lakh (FY 2025) | 27.0% | Belgaum, Karnataka, India | |||
| Getrobiz Holding Limited | ₹5.27 Lakh (FY 2018) | Chennai, Tamil Nadu, India | ||||
| Evernew Commotrade Limited | ₹5.27 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Tirupati Niwas Private Limited | ₹5.27 Lakh (FY 2020) | 17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Chhabra Forex Private Limited, buy the company report.
Auditor
Chhabra Forex Private Limited is audited by V N S & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N S & CO | FY 2017 | 025271N |
Shareholding
The shareholding of Chhabra Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chhabra Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chhabra 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 Chhabra Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chhabra Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAFCC5359N1ZC | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chhabra Forex Private Limited, buy the company report.
Recent activity
Chhabra Forex Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Gurneet Singh Chhabra was appointed as Director on 26 Dec 2013.
Frequently asked questions
Chhabra Forex has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Chhabra Forex was a private limited company based in Chandigarh, India. The company worked in financial activities, within the financial services industry. It was incorporated on 26 December 2013 and is registered under CIN U67120CH2013PTC034888. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Chhabra Forex is U67120CH2013PTC034888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chhabra Forex had 3 directors:
- Mandeep Kaur - Managing Director
- Jasbir Singh Chhabra - Director
- Gurneet Singh Chhabra - Director
Chhabra Forex was incorporated on 26 December 2013. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Chhabra Forex is at SCO No. 841 – 842 First Floor Sector – 22 A, Chandigarh, India – 160022.
The latest financial statements of Chhabra Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chhabra Forex is 04AAFCC5359N1ZC, registered in Chandigarh.
Chhabra Forex operated in the financial services industry, in the financial activities segment.
The peers of Chhabra Forex by revenue are Agragati Nidhi Limited, Kamgar Urban Multiple Nidhi Limited, Kalluvathukkal Gramin Nidhi Limited, Turnet Digi Solution Private Limited, SPG Fincap Global Private Limited and 5 more, all in the same principal business activity (other financial activities).
Gurneet Singh Chhabra was appointed as Director on 26 Dec 2013. Jasbir Singh Chhabra was appointed as Director on 26 Dec 2013. Mandeep Kaur was appointed as Managing Director on 26 Dec 2013.
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