Hastimal Rupchand Forex Private Limited
About Hastimal Rupchand Forex Private Limited
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Hastimal Rupchand Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 20 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2017PTC301932. Its GSTIN is 27AAECH3659M1Z3 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28 Lakh. It was formerly known as Hastimal Rupachand Forex Private Limited. It is led by directors Santosh Bhawarlal Surana and Bhawarlal Hastimal Surana.
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 2 Floor – 0 Plot – 155 Rangari Chawl Dadasaheb Phalke Road Dadar – East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,820 (net margin 0.1%) and EBITDA of ₹32,818 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 168% over three years and 119% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hastimal Rupchand Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2 Floor – 0 Plot – 155 Rangari Chawl Dadasaheb Phalke Road Dadar – East, Mumbai, Maharashtra, India – 400014
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Hastimal Rupchand 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 Hastimal Rupchand Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Hastimal Rupchand Forex Private Limited, buy the company report.
Financials of Hastimal Rupchand Forex Private Limited
FY 2025 filings availableHastimal Rupchand Forex Private Limited reported revenue of ₹4.21 Cr (up 185% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 119% over five years, including 185% growth in the latest year. EBITDA rose 76% 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
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| EBITDA | ₹32,818 | ||||
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| Net Profit (PAT) | ₹21,820 | ||||
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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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| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Hastimal Rupchand Forex Private Limited, buy the company report.
Board of directors of Hastimal Rupchand Forex Private Limited
Hastimal Rupchand 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 |
|---|---|---|---|---|
| Santosh Bhawarlal Surana | Director | 20 Nov 2017 | 8 Years 11 Months | Current |
| Bhawarlal Hastimal Surana | Director | 20 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Hastimal Rupchand Forex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pallonji Leasing Pvt Limited | ₹4.22 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Lendingpay Technology Private Limited | ₹4.22 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| A.S.Confin Pvt.Ltd. | ₹4.22 Cr (FY 2024) | -17.0% | Kolkata, West Bengal, India | |||
| Transcend Investment Services Private Limited | ₹4.21 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India | |||
| Better Value Holdings Private Limited | ₹4.21 Cr (FY 2025) | 46.0% | Pune, Maharashtra, India | |||
| Hastimal Rupchand Forex Private Limitedthis company | ₹4.21 Cr (FY 2024) | ₹21,820 | 0.1% | 185.0% | Mumbai, Maharashtra, India | |
| Sigma Vanijya Pvt Ltd | ₹4.21 Cr (FY 2024) | -47.0% | Kolkata, West Bengal, India | |||
| Vahin Advisors and Traders Private Limited | ₹4.21 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Apana Finvest Private Limited | ₹4.2 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India | |||
| Esquire Engineering Ltd | ₹4.2 Cr (FY 2025) | 83876.0% | Mumbai, Maharashtra, India | |||
| Zelant Securities & Financial Services Private Limited | ₹4.19 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hastimal Rupchand Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hastimal Rupchand 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 Hastimal Rupchand Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hastimal Rupchand Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH3659M1Z3 | Maharashtra | Active | 26 Jan 2019 |
To see the full GST registrations and return filing status of Hastimal Rupchand Forex Private Limited, buy the company report.
Recent activity
Hastimal Rupchand Forex Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Jayesh Bhawarlal Surana ceased to be Director on 01 Mar 2021.
Frequently asked questions
Hastimal Rupchand Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 20 November 2017 (9+ years old) and is registered under CIN U65999MH2017PTC301932.
Hastimal Rupchand Forex has 2 current directors:
- Santosh Bhawarlal Surana - Director
- Bhawarlal Hastimal Surana - Director
The latest financial statements of Hastimal Rupchand Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hastimal Rupchand Forex is 27AAECH3659M1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hastimal Rupchand Forex is U65999MH2017PTC301932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hastimal Rupchand Forex was incorporated on 20 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hastimal Rupchand Forex by revenue are Pallonji Leasing Pvt Limited, Lendingpay Technology Private Limited, A.S.Confin Pvt.Ltd, Transcend Investment Services Private Limited, Better Value Holdings Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Jayesh Bhawarlal Surana ceased to be Director on 01 Mar 2021. Bhawarlal Hastimal Surana was appointed as Director on 20 Nov 2017. Santosh Bhawarlal Surana was appointed as Director on 20 Nov 2017.
The registered office of Hastimal Rupchand Forex is at 2 Floor – 0 Plot – 155 Rangari Chawl Dadasaheb Phalke Road Dadar – East, Mumbai, Maharashtra, India – 400014.
Hastimal Rupchand Forex operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Hastimal Rupchand Forex is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.