Maple Forex Private Limited
About Maple Forex Private Limited
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Maple 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 12 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2018PTC315739. Its GSTIN is 27AAMCM1632K1Z9 (Maharashtra).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Chandramohan Narayan Bangera and Bharati Chandramohan Bangera.
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 B – 1/4 Vrindavan Dham Gawanpada Marg New Neelam Nagar Mulund East, Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.32 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Lakh (net margin 0.2%) and EBITDA of ₹5.28 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 207% over three years and 64% over five years.
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- Registered AddressB – 1/4 Vrindavan Dham Gawanpada Marg New Neelam Nagar Mulund East, Mumbai, Maharashtra, India – 400081
- IndustryFinancial Services, Diversified Financial 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 Maple Forex Private Limited
The main business activity of Maple 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 Maple Forex Private Limited FY 2025 filings available
Maple Forex Private Limited reported revenue of ₹24.32 Cr (up 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maple Forex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 87% growth in the latest year. EBITDA rose 255% 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 Maple 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 | ₹5.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.83 Lakh | •••• | •••• | •••• | •••• |
| 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 Maple 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 Maple Forex are in the company report.
Financial statements from FY 2019
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 Maple Forex Private Limited
Maple Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karvy Holdings Limited | ₹24.41 Cr (FY 2019) | •••• | •••• | 30.0% | •••• | Hyderabad, Telangana, India |
| Shree Ganesh Bio-Tech (India) Limited Listed | ₹24.4 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Osg Auto Carriers Private Limited | ₹24.38 Cr (FY 2021) | •••• | •••• | 68.0% | •••• | Navi Mumbai, Maharashtra, India |
| Digipe Fintech Private Limited | ₹24.36 Cr (FY 2021) | •••• | •••• | 79794.0% | •••• | Noida, Uttar Pradesh, India |
| RK FX Services Private Limited | ₹24.32 Cr (FY 2024) | •••• | •••• | 74.0% | •••• | Ludhiana, Punjab, India |
| Maple Forex Private Limited this company | ₹24.32 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Mumbai, Maharashtra, India |
| Manphul Trading and Finance Company Private Limited | ₹24.3 Cr (FY 2025) | •••• | •••• | 215.0% | •••• | New Delhi, Delhi, India |
| R Natvarlal Parekh Trading and Finance Limited | ₹24.3 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Yechreddy Investments Private Limited | ₹24.19 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Bellary, Karnataka, India |
| Dolphin Investment Limited | ₹24.18 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Jammu, Jammu and Kashmir, India |
| Teena Forex Private Limited | ₹24.03 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Secunderaba, Telangana, India |
Peers are the five companies nearest above and the five nearest below Maple Forex by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maple Forex Private Limited
Maple Forex Private Limited is audited by S.M. Bhat & Associates for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.M. Bhat & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maple Forex Private Limited
Maple Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandramohan Narayan Bangera | Director | 12 Oct 2018 | 7 Years 11 Months | Current |
| Bharati Chandramohan Bangera | Director | 12 Oct 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Maple 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 Maple Forex Private Limited
Maple Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maple Forex Private Limited
Employment history and EPFO contributions of people linked to Maple 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 Maple Forex Private Limited
Maple Forex Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bharati Chandramohan Bangera was appointed as Director on 12 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Maple 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 Maple 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 Maple 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 Maple Forex Private Limited
Maple Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM1632K1Z9 | Maharashtra | Active | 07 Dec 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 Maple 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 Maple Forex Private Limited
Maple 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 12 October 2018 (8+ years old) and is registered under CIN U65999MH2018PTC315739.
Maple Forex reported revenue of ₹24.32 Cr for FY 2024 (up 87% YoY).
Maple Forex has 2 current directors:
- Chandramohan Narayan Bangera - Director
- Bharati Chandramohan Bangera - Director
Maple Forex reported a net profit of ₹3.83 Lakh (net margin 0.2%) and EBITDA of ₹5.28 Lakh (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maple Forex is 207% over three years and 64% over five years. In the latest year (FY 2024) revenue rose 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maple Forex is 27AAMCM1632K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maple Forex is U65999MH2018PTC315739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maple Forex was incorporated on 12 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maple Forex by revenue are Karvy Holdings Limited, Shree Ganesh Bio-Tech (India) Limited, Osg Auto Carriers Private Limited, Digipe Fintech Private Limited, RK FX Services Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Bharati Chandramohan Bangera was appointed as Director on 12 Oct 2018. Chandramohan Narayan Bangera was appointed as Director on 12 Oct 2018.
The registered office of Maple Forex is at B – 14 Vrindavan Dham Gawanpada Marg New Neelam Nagar Mulund East, Mumbai, Maharashtra, India – 400081.