Deshvidesh Forex Private Limited
About Deshvidesh Forex Private Limited
Data last updated:
Deshvidesh Forex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 05 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC323230. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Kusum Kaur and Navneet Kaushik.
Its last annual general meeting (AGM) was held on 12 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at E – 25/32 Ground Floor East Patel Nagar New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2020, the company reported a revenue of ₹53.54 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹77,764 (net margin 0%) and EBITDA of ₹1.24 Lakh (EBITDA margin 0%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressE – 25/32 Ground Floor East Patel Nagar New Delhi, Delhi, India – 110008
- 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 Deshvidesh Forex Private Limited
The main business activity of Deshvidesh Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Deshvidesh Forex Private Limited FY 2020 filings available
Deshvidesh Forex Private Limited reported revenue of ₹53.54 Cr (down 71% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Deshvidesh Forex Private Limited
Revenue fell 71% in the latest year. EBITDA fell 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Deshvidesh Forex Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹53.54 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹1.24 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹77,764 | •••• | •••• |
| 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 Deshvidesh Forex Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0% | •••• | •••• |
| 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 Deshvidesh 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.
Peer Comparison of Deshvidesh Forex Private Limited
Deshvidesh 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 |
|---|---|---|---|---|---|---|
| Incredible Forex Private Limited | ₹54.75 Cr (FY 2023) | •••• | •••• | 178.0% | •••• | Kolkata, West Bengal, India |
| Quadro Forex Private Limited | ₹54.26 Cr (FY 2024) | •••• | •••• | -89.0% | •••• | Delhi, India |
| Petronax Forex and Travel Services Private Limited | ₹53.99 Cr (FY 2024) | •••• | •••• | 1266.0% | •••• | Chennai, Tamil Nadu, India |
| Ram Babu Forex and Travels Private Limited | ₹53.97 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Gpa Forex Private Limited | ₹53.66 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | New Delhi, Delhi, India |
| Deshvidesh Forex Private Limited this company | ₹53.54 Cr (FY 2020) | •••• | •••• | -71.0% | •••• | New Delhi, Delhi, India |
| Omshilpi Jewels and Gems Private Limited | ₹52.79 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Isleberg Tour and Travels Private Limited | ₹52.29 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Orient Exchange and Financial Services Private Limited | ₹52.08 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| San Martin Forex and Travels Private Limited | ₹51.25 Cr (FY 2023) | •••• | •••• | 1934.0% | •••• | Kolkata, West Bengal, India |
| Bkash Tour and Travels Private Limited | ₹51.16 Cr (FY 2023) | •••• | •••• | 1134.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Deshvidesh 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 Deshvidesh Forex Private Limited
Deshvidesh Forex Private Limited is audited by P KESHAV & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P KESHAV & CO | 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.
Board of Directors of Deshvidesh Forex Private Limited
Deshvidesh Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Kaushik Also directs: VRG Forex and Travels Private Limited | Additional Director | 18 Jun 2021 | 5 Years 3 Months | Current |
| Kusum Kaur | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Deshvidesh 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 Deshvidesh Forex Private Limited
Deshvidesh Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Deshvidesh Forex Private Limited
Employment history and EPFO contributions of people linked to Deshvidesh 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 Deshvidesh Forex Private Limited
Deshvidesh Forex Private Limited has 10 board changes on record since 2017: 6 appointments and 4 cessations. The latest: Mohan Singh ceased to be Director on 18 Jun 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deshvidesh 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 Deshvidesh 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 Deshvidesh 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 Deshvidesh Forex Private Limited
Deshvidesh 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 Deshvidesh 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 Deshvidesh Forex Private Limited
Deshvidesh Forex is an active private limited company based in New Delhi, Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 05 September 2017 (9+ years old) and is registered under CIN U74999DL2017PTC323230.
Deshvidesh Forex reported revenue of ₹53.54 Cr for FY 2020 (down 71% YoY).
Deshvidesh Forex has 2 current directors:
- Navneet Kaushik - Additional Director
- Kusum Kaur - Director
Deshvidesh Forex reported a net profit of ₹77,764 (net margin 0%) and EBITDA of ₹1.24 Lakh (EBITDA margin 0%) for FY 2020, as per its filed financial statements.
No. Deshvidesh Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Deshvidesh Forex is U74999DL2017PTC323230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deshvidesh Forex was incorporated on 05 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Deshvidesh Forex by revenue are Incredible Forex Private Limited, Quadro Forex Private Limited, Petronax Forex and Travel Services Private Limited, Ram Babu Forex and Travels Private Limited, Gpa Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Mohan Singh ceased to be Director on 18 Jun 2021. Navneet Kaushik was appointed as Additional Director on 18 Jun 2021. Shalini ceased to be Director on 03 Oct 2019. Deshvidesh Forex has 10 board changes on record in total.
The registered office of Deshvidesh Forex is at E – 2532 Ground Floor East Patel Nagar New Delhi, Delhi, India – 110008.
Deshvidesh Forex has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.