Mayekar Brothers Forex Private Limited
About Mayekar Brothers Forex Private Limited
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Mayekar Brothers Forex Private Limited is a private limited company based in Margao, Goa, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 24 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U67190GA2016PTC012921. Its GSTIN is 30AAKCM5909K1ZC (Goa).
The company has an authorised share capital of ₹33 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Dhananjay Mayekar and Sarita Mayekar.
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 No. 15 Garden View Apartments Phase II Ground Floor, Margao, Goa, India – 403601.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹92,682 (net margin 0.1%) and EBITDA of ₹1.12 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 29% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mayekar Brothers Forex Private Limited's registered office is in Margao, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 15 Garden View Apartments Phase II Ground Floor, Margao, Goa, India – 403601
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Mayekar Brothers 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 Mayekar Brothers 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 Mayekar Brothers Forex Private Limited, buy the company report.
Financials of Mayekar Brothers Forex Private Limited
FY 2025 filings availableMayekar Brothers Forex Private Limited reported revenue of ₹7.51 Cr (up 316% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 316% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA fell 5% 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 | ₹1.12 Lakh | ||||
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| Net Profit (PAT) | ₹92,682 | ||||
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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 | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Mayekar Brothers Forex Private Limited, buy the company report.
Board of directors of Mayekar Brothers Forex Private Limited
Mayekar Brothers Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjay Mayekar | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
| Sarita Mayekar | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Mayekar Brothers Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ciphersquare Payment Solutions Private Limited | ₹7.52 Cr (FY 2025) | 297.0% | Delhi, India | |||
| Ibg Echits India Private Limited | ₹7.51 Cr (FY 2024) | 149.0% | Hyderabad, Telangana, India | |||
| Bfintech Private Limited | ₹7.51 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India | |||
| Komal Vincom Private Limited | ₹7.51 Cr (FY 2024) | 1064.0% | Kolkata, West Bengal, India | |||
| Meenakshi Energy and Infrastructure Holdings Private Limited | ₹7.51 Cr (FY 2025) | -23.0% | Delhi, India | |||
| Mayekar Brothers Forex Private Limitedthis company | ₹7.51 Cr (FY 2025) | ₹92,682 | 0.1% | 316.0% | Margao, Goa, India | |
| Flexo Contra Pvt. Ltd. | ₹7.5 Cr (FY 2024) | -61.0% | Kolkata, West Bengal, India | |||
| Aakarshan Tracom Private Limited | ₹7.49 Cr (FY 2024) | 778.0% | Kolkata, West Bengal, India | |||
| Ocl Investments and Leasing Ltd | ₹7.49 Cr (FY 2025) | 43.0% | Kolkata, West Bengal, India | |||
| VSK Holdings Private Limited | ₹7.47 Cr (FY 2020) | 78117.0% | Bangalore, Karnataka, India | |||
| Pushpak Fincon Pvt Ltd | ₹7.47 Cr (FY 2025) | -66.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Mayekar Brothers Forex Private Limited, buy the company report.
Auditor
Mayekar Brothers Forex Private Limited is audited by SURESH S. KITTUR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH S. KITTUR & ASSOCIATES | FY 2017 | 125140W |
Shareholding
The shareholding of Mayekar Brothers Forex Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mayekar Brothers Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mayekar Brothers 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 Mayekar Brothers Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mayekar Brothers Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAKCM5909K1ZC | Goa | Active | 12 Oct 2017 |
To see the full GST registrations and return filing status of Mayekar Brothers Forex Private Limited, buy the company report.
Recent activity
Mayekar Brothers Forex Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Dhananjay Mayekar was appointed as Director on 24 Jun 2016.
Frequently asked questions
Mayekar Brothers Forex is an active private limited company based in Margao, Goa, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 24 June 2016 (10+ years old) and is registered under CIN U67190GA2016PTC012921.
Mayekar Brothers Forex has 2 current directors:
- Dhananjay Mayekar - Director
- Sarita Mayekar - Director
The latest financial statements of Mayekar Brothers 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 2017 are in the company report.
The GSTIN of Mayekar Brothers Forex is 30AAKCM5909K1ZC, registered in Goa.
The CIN (Corporate Identification Number) of Mayekar Brothers Forex is U67190GA2016PTC012921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayekar Brothers Forex was incorporated on 24 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Mayekar Brothers Forex by revenue are Ciphersquare Payment Solutions Private Limited, Ibg Echits India Private Limited, Bfintech Private Limited, Komal Vincom Private Limited, Meenakshi Energy and Infrastructure Holdings Private Limited and 5 more, all in the same principal business activity (other financial activities).
Dhananjay Mayekar was appointed as Director on 24 Jun 2016. Sarita Mayekar was appointed as Director on 24 Jun 2016.
The registered office of Mayekar Brothers Forex is at Shop No. 15 Garden View Apartments Phase II Ground Floor, Margao, Goa, India – 403601.
Mayekar Brothers Forex operates in the financial services industry, in the auxiliary to financial intermediatory segment.
The compliance status of Mayekar Brothers Forex is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
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