Mahaviray Forex Private Limited
About Mahaviray Forex Private Limited
Data last updated:
Mahaviray Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 16 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2018PTC317158. Its GSTIN is 27AAMCM2348A1ZN (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Rahul Ladulal Choudhary and Anil Ladulal Choudhary.
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 Shop B1 6 Muljee Nagar S V Road Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.15 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹15,805 (net margin 0.1%) and EBITDA of ₹21,424 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 433% over three years and 1% over five years.
Company details
Contact details
Mahaviray Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop B1 6 Muljee Nagar S V Road Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Mahaviray 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 Mahaviray 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 Mahaviray Forex Private Limited, buy the company report.
Financials of Mahaviray Forex Private Limited
FY 2025 filings availableMahaviray Forex Private Limited reported revenue of ₹1.15 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 69% 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 |
|---|---|---|---|---|---|
| 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 | ₹21,424 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15,805 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mahaviray Forex Private Limited, buy the company report.
Board of directors of Mahaviray Forex Private Limited
Mahaviray 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 |
|---|---|---|---|---|
| Rahul Ladulal Choudhary | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
| Anil Ladulal Choudhary | Director | 12 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Mahaviray 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 |
|---|---|---|---|---|---|---|
| Rudawal Capital Trust Limited | ₹1.15 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Eyesight Fintrade Private Limited | ₹1.15 Cr (FY 2025) | 35.0% | Thane, Maharashtra, India | |||
| Orient Bonds and Stock Limited | ₹1.15 Cr (FY 2022) | -60.0% | New Delhi, Delhi, India | |||
| J B Commercial Co Pvt Ltd | ₹1.15 Cr (FY 2025) | 35.0% | Kolkata, West Bengal, India | |||
| Ajagar Finance Private Limited | ₹1.15 Cr (FY 2024) | -13.0% | Goalpara, Assam, India | |||
| Mahaviray Forex Private Limitedthis company | ₹1.15 Cr (FY 2025) | ₹15,805 | 0.1% | -7.0% | Mumbai, Maharashtra, India | |
| Vestis Finserv Private Limited | ₹1.15 Cr (FY 2025) | 192.0% | Mumbai, Maharashtra, India | |||
| Xeraphin Finvest Private Limited | ₹1.15 Cr (FY 2023) | -32.0% | New Delhi, Delhi, India | |||
| JVS Construction Company Private Limited | ₹1.14 Cr (FY 2025) | 54.0% | New Delhi, Delhi, India | |||
| Sarvagya Systematic Investment Private Limited | ₹1.14 Cr (FY 2025) | 180.0% | Delhi, India | |||
| Khamgaon Nidhi Limited | ₹1.14 Cr (FY 2025) | -15.0% | Yavatmal, Maharashtra, India |
To see the full peer comparison of Mahaviray Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mahaviray 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 Mahaviray Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahaviray Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM2348A1ZN | Maharashtra | Active | 06 May 2019 |
To see the full GST registrations and return filing status of Mahaviray Forex Private Limited, buy the company report.
Recent activity
Mahaviray Forex Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Anil Ladulal Choudhary was appointed as Director on 12 Mar 2022.
Frequently asked questions
Mahaviray Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 16 November 2018 (8+ years old) and is registered under CIN U67100MH2018PTC317158.
Mahaviray Forex has 2 current directors:
- Rahul Ladulal Choudhary - Director
- Anil Ladulal Choudhary - Director
The latest financial statements of Mahaviray 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 2019 are in the company report.
The GSTIN of Mahaviray Forex is 27AAMCM2348A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahaviray Forex is U67100MH2018PTC317158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaviray Forex was incorporated on 16 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahaviray Forex by revenue are Rudawal Capital Trust Limited, Eyesight Fintrade Private Limited, Orient Bonds and Stock Limited, J B Commercial Co Pvt Ltd, Ajagar Finance Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Anil Ladulal Choudhary was appointed as Director on 12 Mar 2022. Hansraj Rao ceased to be Director on 12 Mar 2022. Hansraj Rao was appointed as Director on 16 Nov 2018. Mahaviray Forex has 4 board changes on record in total.
The registered office of Mahaviray Forex is at Shop B1 6 Muljee Nagar S V Road Borivali West, Mumbai, Maharashtra, India – 400092.
Mahaviray Forex operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Mahaviray Forex can be reached at its registered office: Shop B1 6 Muljee Nagar S V Road Borivali West, Mumbai, Maharashtra, India – 400092.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
