HS Forex Private Limited
About HS Forex Private Limited
Data last updated:
HS Forex Private Limited is a private limited company based in Delhi, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 23 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC326368. Its GSTIN is 07AAECH3702K1ZP (Delhi).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Kush Sethi and Rakesh Kumar Shethi.
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 36 – B – 2 5/F Pg Market Chandni Chowk Near Gauri Shankar Mandir, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3,870 (net margin 0.2%) and EBITDA of ₹3,870 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address36 – B – 2 5/F Pg Market Chandni Chowk Near Gauri Shankar Mandir, Delhi, India – 110006
- IndustryBusiness Services, Miscellaneous Business Activities, Other 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 HS Forex Private Limited
The main business activity of HS Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 HS Forex Private Limited FY 2025 filings available
HS Forex Private Limited reported revenue of ₹21.85 Lakh (up 12961% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of HS Forex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years. EBITDA rose 11% 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 of HS Forex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3,870 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3,870 | •••• | •••• | •••• | •••• |
| 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 HS Forex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 HS 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 HS Forex Private Limited
HS Forex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bardia Udoyg Private Limited | ₹21.88 Lakh (FY 2025) | •••• | •••• | 629.0% | •••• | Kolkata, West Bengal, India |
| Shailee Capital Services Private Limited | ₹21.88 Lakh (FY 2024) | •••• | •••• | 106.0% | •••• | Mumbai, Maharashtra, India |
| Pakshidhama Chits Private Limited | ₹21.86 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Golden Sparrow Finance and Treasury Private Limited | ₹21.86 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Mitank Trading Company Private Limited | ₹21.85 Lakh (FY 2025) | •••• | •••• | 3704.0% | •••• | Mumbai, Maharashtra, India |
| HS Forex Private Limited this company | ₹21.85 Lakh (FY 2024) | •••• | •••• | 12961.0% | •••• | Delhi, India |
| Ram Hanuman Sai Chits Private Limited | ₹21.83 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Jai Gajdant Chits Private Limited | ₹21.81 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Mysore, Karnataka, India |
| Sunrise Gilts (Ifsc) Private Limited | ₹21.8 Lakh (FY 2024) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Vita Nidhi Limited | ₹21.78 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Sangli, Maharashtra, India |
| H M Enterprises Limited | ₹21.78 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below HS Forex by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of HS Forex Private Limited
HS Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kush Sethi | Director | 23 Nov 2017 | 8 Years 10 Months | Current |
| Rakesh Kumar Shethi | Director | 23 Nov 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of HS 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 HS Forex Private Limited
HS Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at HS Forex Private Limited
Employment history and EPFO contributions of people linked to HS 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 HS Forex Private Limited
HS Forex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kush Sethi was appointed as Director on 23 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for HS 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 HS 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 HS 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 HS Forex Private Limited
HS Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECH3702K1ZP | Delhi | Active | 07 Jul 2018 |
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 HS 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 HS Forex Private Limited
HS Forex is an active private limited company based in Delhi, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 23 November 2017 (9+ years old) and is registered under CIN U74999DL2017PTC326368.
HS Forex reported revenue of ₹21.85 Lakh for FY 2024 (up 12961% YoY).
HS Forex has 2 current directors:
- Kush Sethi - Director
- Rakesh Kumar Shethi - Director
HS Forex reported a net profit of ₹3,870 (net margin 0.2%) and EBITDA of ₹3,870 (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HS Forex is 48% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HS Forex is 07AAECH3702K1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of HS Forex is U74999DL2017PTC326368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HS Forex was incorporated on 23 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of HS Forex by revenue are Bardia Udoyg Private Limited, Shailee Capital Services Private Limited, Pakshidhama Chits Private Limited, Golden Sparrow Finance and Treasury Private Limited, Mitank Trading Company Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Kush Sethi was appointed as Director on 23 Nov 2017. Rakesh Kumar Shethi was appointed as Director on 23 Nov 2017.
The registered office of HS Forex is at 36 – B – 2 5F Pg Market Chandni Chowk Near Gauri Shankar Mandir, Delhi, India – 110006.