Cloudsway Forex Private Limited
About Cloudsway Forex Private Limited
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Cloudsway Forex Private Limited is a private limited company based in Bathinda, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 10 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67190PB2019PTC049731. Its GSTIN is 03AAICC2710Q1ZO (Punjab).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Bikram Garg and Harish Bansal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 3111 Guru Kashi Marg Opp. Court Complex, Bathinda, Punjab, India – 151001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.74 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Lakh (net margin 0.7%) and EBITDA of ₹3.75 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 297% over three years.
Company details
Contact details
Cloudsway Forex Private Limited's registered office is in Bathinda, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 3111 Guru Kashi Marg Opp. Court Complex, Bathinda, Punjab, India – 151001
- IndustryFinancial Services, Forex Services
To see the full contact details of Cloudsway 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 Cloudsway 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 Cloudsway Forex Private Limited, buy the company report.
Financials of Cloudsway Forex Private Limited
FY 2025 filings availableCloudsway Forex Private Limited reported revenue of ₹3.74 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 297%. EBITDA fell 17% 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 |
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| EBITDA | ₹3.75 Lakh | ||||
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| Net Profit (PAT) | ₹2.74 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Cloudsway Forex Private Limited, buy the company report.
Board of directors of Cloudsway Forex Private Limited
Cloudsway Forex has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikram Garg Also directs: Surinder Steels & Metals Private Limited | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
| Harish Bansal Also directs: Surinder Steels & Metals Private Limited | Director | 10 Jul 2019 | 7 Years 3 Months | Current |
| Preeti Gupta | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Cloudsway Forex Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Singla Forex Payment Services Private Limited | ₹3.87 Cr (FY 2025) | -40.0% | Sunam, Punjab, India | |||
| Kundra Forex Private Limited | ₹3.87 Cr (FY 2025) | -46.0% | Punjab, India | |||
| Tunes Foreign Currency Dealers Private Limited | ₹3.86 Cr (FY 2024) | 678.0% | Ernad, Kerala, India | |||
| Hamdaan Travels Private Limited | ₹3.79 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Netfx Forex Private Limited | ₹3.77 Cr (FY 2025) | -52.0% | Mandya, Karnataka, India | |||
| Cloudsway Forex Private Limitedthis company | ₹3.74 Cr (FY 2025) | ₹2.74 Lakh | 0.7% | -27.0% | Bathinda, Punjab, India | |
| Synergy Forex Private Limited | ₹3.73 Cr (FY 2023) | 415.0% | New Delhi, Delhi, India | |||
| S.M.P.Forex Private Limited | ₹3.73 Cr (FY 2024) | 38.0% | Chennai, Tamil Nadu, India | |||
| H P Forex Private Limited | ₹3.72 Cr (FY 2025) | 926.0% | Punjab, India | |||
| Kahol Merchant Private Limited | ₹3.67 Cr (FY 2025) | -37.0% | Mukerian, Punjab, India |
To see the full peer comparison of Cloudsway Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cloudsway 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 Cloudsway Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cloudsway Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICC2710Q1ZO | Punjab | Active | 17 Jan 2020 |
To see the full GST registrations and return filing status of Cloudsway Forex Private Limited, buy the company report.
Recent activity
Cloudsway Forex Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Anish Kumar ceased to be Additional Director on 12 Sep 2022.
Frequently asked questions
Cloudsway Forex is an active private limited company based in Bathinda, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 10 July 2019 (7+ years old) and is registered under CIN U67190PB2019PTC049731.
Cloudsway Forex has 3 current directors:
- Bikram Garg - Director
- Harish Bansal - Director
- Preeti Gupta - Director
The latest financial statements of Cloudsway Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Cloudsway Forex is 03AAICC2710Q1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Cloudsway Forex is U67190PB2019PTC049731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cloudsway Forex was incorporated on 10 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Cloudsway Forex by revenue are Singla Forex Payment Services Private Limited, Kundra Forex Private Limited, Tunes Foreign Currency Dealers Private Limited, Hamdaan Travels Private Limited, Netfx Forex Private Limited and 4 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Anish Kumar ceased to be Additional Director on 12 Sep 2022. Bikram Garg ceased to be Additional Director on 31 Dec 2020. Preeti Gupta was appointed as Director on 31 Dec 2020. Cloudsway Forex has 6 board changes on record in total.
The registered office of Cloudsway Forex is at Shop No. 3111 Guru Kashi Marg Opp. Court Complex, Bathinda, Punjab, India – 151001.
Cloudsway Forex operates in the financial services industry, in the forex services segment.
Cloudsway Forex can be reached at its registered office: Shop No. 3111 Guru Kashi Marg Opp. Court Complex, Bathinda, Punjab, India – 151001.
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