Mary Forex Limited
About Mary Forex Limited
Data last updated:
Mary Forex Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 30 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB1998PLC086882. Its GSTIN is 19AAACH8204N1ZB (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51.51 Lakh. It was formerly known as Mary Forex Private Limited and Himani Money Changers Private Limited. It is led by directors including Mary Naha and Somnath Chatterjee.
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 46 Motisil Street1St Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.58 Lakh. For the same year it recorded a net profit of ₹6,934 (net margin 0.2%) and EBITDA of ₹16,261 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 67% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Mary Forex has undergone 2 name changes throughout its history. The company was previously known as Mary Forex Private Limited, and Himani Money Changers Private Limited. The current legal name is Mary Forex Limited.
| Company Name | Status |
|---|---|
| Mary Forex Limited | Current |
| Mary Forex Private Limited | Previous |
| Himani Money Changers Private Limited | Previous |
CIN history
Mary Forex has one previous CIN (Corporate Identification Number): U65910WB1998PTC086882. The current CIN is U65910WB1998PLC086882, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910WB1998PLC086882 | Current |
| U65910WB1998PTC086882 | Previous |
Contact details
Mary Forex Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address46 Motisil Street1St Floor, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Forex Services
To see the full contact details of Mary Forex 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 Mary Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mary Forex Limited, buy the company report.
Financials of Mary Forex Limited
FY 2025 filings availableMary Forex Limited reported revenue of ₹40.58 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years. EBITDA rose 292% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16,261 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,934 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mary Forex Limited, buy the company report.
Board of directors of Mary Forex Limited
Mary Forex has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mary Naha | Director | 09 Jul 2010 | 16 Years 3 Months | Current |
| Somnath Chatterjee | Director | 09 Aug 2018 | 8 Years 2 Months | Current |
| Pritamjit Naha | Director | 05 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Mary Forex Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bfin Capital Private Limited | ₹42.34 Lakh (FY 2025) | -98.0% | Chandigarh, India | |||
| Shivam Money Changer Private Limited | ₹42.1 Lakh (FY 2024) | -66.0% | Vallabh Vidyanagar, Gujarat, India | |||
| Sethi's Moneychangers Private Limited | ₹41.15 Lakh (FY 2018) | 2.0% | Delhi, India | |||
| Mary Forex Limitedthis company | ₹40.58 Lakh (FY 2024) | ₹6,934 | 0.2% | Kolkata, West Bengal, India | ||
| Gutzo Money Foreign Exchange Private Limited | ₹40.07 Lakh (FY 2020) | Ernakulam, Kerala, India | ||||
| Solidus Forex Limited | ₹40.02 Lakh (FY 2025) | -47.0% | Guwahati, Assam, India | |||
| Yes World Forex Private Limited | ₹39.82 Lakh (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| NL Forex Private Limited | ₹39.48 Lakh (FY 2021) | -98.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mary Forex Limited, buy the company report.
Auditor
Mary Forex Limited is audited by KUMARROY BARMAN PRASANTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMARROY BARMAN PRASANTA & ASSOCIATES | FY 2020 | 330634E |
Shareholding
The shareholding of Mary Forex Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mary Forex Limited, buy the company report.
Legal cases
Mary Forex Limited has 1 court case on record: 1 filed by Mary Forex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Mary Forex 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 Mary Forex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mary Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACH8204N1ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mary Forex Limited, buy the company report.
Recent activity
Mary Forex Limited has 13 board changes on record since 2010: 3 appointments and 10 cessations. The latest: Bishwajit Bose ceased to be Director on 09 Aug 2018.
4 earlier events are in the company report.
Frequently asked questions
Mary Forex is an active public limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 30 March 1998 (28+ years old) and is registered under CIN U65910WB1998PLC086882.
Mary Forex has 3 current directors:
- Mary Naha - Director
- Somnath Chatterjee - Director
- Pritamjit Naha - Director
The latest financial statements of Mary 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 2015 are in the company report.
The GSTIN of Mary Forex is 19AAACH8204N1ZB, registered in West Bengal.
The CIN (Corporate Identification Number) of Mary Forex is U65910WB1998PLC086882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mary Forex has 1 court case on record: 1 filed by the company.
Mary Forex was incorporated on 30 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mary Forex by revenue are Bfin Capital Private Limited, Shivam Money Changer Private Limited, Sethi's Moneychangers Private Limited, Gutzo Money Foreign Exchange Private Limited, Solidus Forex Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Bishwajit Bose ceased to be Director on 09 Aug 2018. Somnath Chatterjee was appointed as Director on 09 Aug 2018. Debashis Das ceased to be Director on 28 Mar 2016. Mary Forex has 13 board changes on record in total.
The registered office of Mary Forex is at 46 Motisil Street1St Floor, Kolkata, West Bengal, India – 700013.
Mary Forex operates in the financial services industry, in the forex services segment.