Johal Forex Private Limited
About Johal Forex Private Limited
Data last updated:
Johal Forex Private Limited is a private limited company based in Phagwara, Punjab, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 14 May 2004.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67190PB2004PTC027121. Its GSTIN is 03AABCJ5894M1Z5 (Punjab).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Harjinder Singh Johal and Manjit Kaur Johal.
Its last annual general meeting (AGM) was held on 24 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Banga Roadnear Old Post Office Phagwara, Punjab, India – 144401.
As per the financials filed for FY 2026, the company reported a revenue of ₹19,605. For the same year it recorded a net loss of ₹11.06 Lakh and EBITDA of -₹11.05 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 60% over five years.
Company details
Contact details
Johal Forex Private Limited's registered office is in Punjab, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBanga Roadnear Old Post Office Phagwara, Punjab, India – 144401
- IndustryFinancial Services, Financial Activities
To see the full contact details of Johal 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
Financials of Johal Forex Private Limited
FY 2026 filings availableJohal Forex Private Limited reported revenue of ₹19,605 for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years. EBITDA rose 41% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19,605 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Johal Forex Private Limited, buy the company report.
Board of directors of Johal Forex Private Limited
Johal Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjinder Singh Johal | Director | 14 May 2004 | 22 Years 5 Months | Current |
| Manjit Kaur Johal | Director | 14 May 2004 | 22 Years 5 Months | Current |
Auditor
Johal Forex Private Limited is audited by VSAP & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSAP & ASSOCIATES | FY 2026 | 018705N |
Shareholding
The shareholding of Johal Forex Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Johal Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Johal 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 Johal Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Johal Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCJ5894M1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Johal Forex Private Limited, buy the company report.
Recent activity
Johal Forex Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Harjinder Singh Johal was appointed as Director on 14 May 2004.
Frequently asked questions
Johal Forex is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Johal Forex is a company pending strike off, currently registered as a private limited company based in Phagwara, Punjab, India. The company works in financial activities, within the financial services industry. It was incorporated on 14 May 2004 and is registered under CIN U67190PB2004PTC027121. The company may be struck off soon - caution is advised.
The compliance status of Johal Forex is compliant as of 01 November 2026.
Johal Forex has 2 current directors:
- Harjinder Singh Johal - Director
- Manjit Kaur Johal - Director
The CIN (Corporate Identification Number) of Johal Forex is U67190PB2004PTC027121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Johal Forex was incorporated on 14 May 2004. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Johal Forex is at Banga Roadnear Old Post Office Phagwara, Punjab, India – 144401.
The latest financial statements of Johal Forex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Johal Forex is 03AABCJ5894M1Z5, registered in Punjab.
Johal Forex operates in the financial services industry, in the financial activities segment.
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