Ghanshyam Forex Private Limited
About Ghanshyam Forex Private Limited
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Ghanshyam Forex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 06 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2019PTC111263.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Shrenikkumar Anilkumar Sheth and Jayshreeben Umangkumar Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3 Riddhi Siddhi Complex Swapnagruh Co. Nr. Satelite Park Satelite Road Jodhpur, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2023, the company reported a revenue of ₹16,604, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹24,770 (net margin -149.2%) and EBITDA of -₹24,106 (EBITDA margin -145.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has 1 deal on record (1 rights issue); the latest was in February 2020. Its 10 peer companies in the same principal business activity (other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is Haridra Commercial Private Limited with revenue of ₹16,671.
Company details
Contact details
Ghanshyam Forex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address3 Riddhi Siddhi Complex Swapnagruh Co. Nr. Satelite Park Satelite Road Jodhpur, Ahmedabad, Gujarat, India – 380051
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Ghanshyam 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 Ghanshyam 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 |
Financials of Ghanshyam Forex Private Limited
FY 2023 filings availableGhanshyam Forex Private Limited reported revenue of ₹16,604 (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 27% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹24,106 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹24,770 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -145.2% | |||
| Net Profit Margin | -149.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Ghanshyam Forex Private Limited, buy the company report.
Board of directors of Ghanshyam Forex Private Limited
Ghanshyam Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrenikkumar Anilkumar Sheth | Director | 11 Dec 2020 | 5 Years 11 Months | Current |
| Jayshreeben Umangkumar Thakkar | Director | 06 Dec 2019 | 6 Years 11 Months | Current |
Peer comparison
Ghanshyam 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 |
|---|---|---|---|---|---|---|
| Haridra Commercial Private Limited | ₹16,671 (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Umang Financial Services Limited | ₹16,668 (FY 2025) | -21.0% | Ahmedabad, Gujarat, India | |||
| Prasad Nidhi Limited | ₹16,633 (FY 2018) | Jehanabad, Bihar, India | ||||
| Merchantwelfare Nidhi Limited | ₹16,615 (FY 2017) | Thrissur, Kerala, India | ||||
| Karva Automart Limited | ₹16,610 (FY 2025) | -79.0% | Kolkata, West Bengal, India | |||
| Ghanshyam Forex Private Limitedthis company | ₹16,604 (FY 2023) | -₹24,770 | -149.2% | 24.0% | Ahmedabad, Gujarat, India | |
| Surajami Investment and Trading Company Limited | ₹16,598 (FY 2017) | -65.0% | Mumbai, Maharashtra, India | |||
| Swarnim Investment and Finance Private Limited | ₹16,580 (FY 2025) | 10.0% | Delhi, India | |||
| LD Management Services Pvt Ltd | ₹16,540 (FY 2024) | -99.0% | Kolkata, West Bengal, India | |||
| Aryan Commodities Private Limited | ₹16,538 (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Ganpatishreeganesh Micro Foundation | ₹16,532 (FY 2024) | -2.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Ghanshyam Forex Private Limited, buy the company report.
Deals & funding
Ghanshyam Forex Private Limited has 1 deal on record (1 rights issue); the latest was in February 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹29 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ghanshyam 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 Ghanshyam Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ghanshyam Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ghanshyam Forex Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Shrenikkumar Anilkumar Sheth was appointed as Director on 11 Dec 2020.
Frequently asked questions
Ghanshyam Forex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 06 December 2019 (7+ years old) and is registered under CIN U65990GJ2019PTC111263.
Ghanshyam Forex has 2 current directors:
- Shrenikkumar Anilkumar Sheth - Director
- Jayshreeben Umangkumar Thakkar - Director
The latest financial statements of Ghanshyam Forex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Ghanshyam Forex is U65990GJ2019PTC111263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ghanshyam Forex was incorporated on 06 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ghanshyam Forex has 1 deal on record (1 rights issue); the latest was in February 2020.
The peers of Ghanshyam Forex by revenue are Haridra Commercial Private Limited, Umang Financial Services Limited, Prasad Nidhi Limited, Merchantwelfare Nidhi Limited, Karva Automart Limited and 5 more, all in the same principal business activity (other financial activities).
Shrenikkumar Anilkumar Sheth was appointed as Director on 11 Dec 2020. Anand Rasiklal Thakkar ceased to be Director on 09 Dec 2020. Krupa Anand Thakkar ceased to be Director on 09 Dec 2020. Ghanshyam Forex has 4 board changes on record in total.
The registered office of Ghanshyam Forex is at 3 Riddhi Siddhi Complex Swapnagruh Co. Nr. Satelite Park Satelite Road Jodhpur, Ahmedabad, Gujarat, India – 380051.
Ghanshyam Forex operates in the financial services industry, in the other financial intermediation segment.
Ghanshyam Forex can be reached at its registered office: 3 Riddhi Siddhi Complex Swapnagruh Co. Nr. Satelite Park Satelite Road Jodhpur, Ahmedabad, Gujarat, India – 380051.
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