Mahadev Forex Private Limited
About Mahadev Forex Private Limited
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Mahadev Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2008PTC180164. Its GSTIN is 27AAFCM4465R1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ghamsingh Reedmal Rajput and Dhookesingh Dharmsingh Chauhan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.27 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹24.71 Lakh (net margin 0.3%) and EBITDA of ₹39.01 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years and 27% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahadev Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 3 Shashi Krupa Bldg Opp. Police Chowky, Pawwala Street Grant Road (E), Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mahadev 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 Mahadev 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 Mahadev Forex Private Limited, buy the company report.
Financials of Mahadev Forex Private Limited
FY 2024 filings availableMahadev Forex Private Limited reported revenue of ₹77.27 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹39.01 Lakh | ||||
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| Net Profit (PAT) | ₹24.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Mahadev Forex Private Limited, buy the company report.
Board of directors of Mahadev Forex Private Limited
Mahadev Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghamsingh Reedmal Rajput | Additional Director | 25 Aug 2014 | 12 Years 2 Months | Current |
| Dhookesingh Dharmsingh Chauhan | Additional Director | 25 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Mahadev Forex Private Limited is audited by S.M.BHAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M.BHAT & ASSOCIATES | FY 2023 | 131347W |
Shareholding
The shareholding of Mahadev Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahadev Forex Private Limited, buy the company report.
Legal cases
Mahadev Forex Private Limited has 2 court cases on record: 2 filed by Mahadev Forex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
To see the full case history of Mahadev Forex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahadev Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahadev Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM4465R1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahadev Forex Private Limited, buy the company report.
Recent activity
Mahadev Forex Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Gajendrasingh Dhukesingh Chawan ceased to be Additional Director on 03 Mar 2025.
Frequently asked questions
Mahadev Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 March 2008 (18+ years old) and is registered under CIN U93000MH2008PTC180164.
Mahadev Forex has 2 current directors:
- Ghamsingh Reedmal Rajput - Additional Director
- Dhookesingh Dharmsingh Chauhan - Additional Director
The latest financial statements of Mahadev Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahadev Forex is 27AAFCM4465R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahadev Forex is U93000MH2008PTC180164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahadev Forex has 2 court cases on record: 2 filed by the company.
Mahadev Forex was incorporated on 17 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Gajendrasingh Dhukesingh Chawan ceased to be Additional Director on 03 Mar 2025. Ghamsingh Reedmal Rajput was appointed as Additional Director on 25 Aug 2014. Ghamsingh Reedmal Rajput ceased to be Director on 30 Nov 2013. Mahadev Forex has 6 board changes on record in total.
The registered office of Mahadev Forex is at Shop No. 3 Shashi Krupa Bldg Opp. Police Chowky, Pawwala Street Grant Road E, Mumbai, Maharashtra, India – 400004.
Mahadev Forex operates in the financial services industry, in the diversified financial services segment.
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