My Forex Services Private Limited
About My Forex Services Private Limited
Data last updated:
My Forex Services Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the forex services segment of the financial services sector. It was incorporated on 20 December 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2000PTC046339. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53 Lakh. It was led by directors Dipikka Gupta and Viivekk Gupta.
Its last annual general meeting (AGM) was held on 11 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No:74 Ethirajsalai Fagunmansion3Rdfloor Egmore, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.92 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹16,346 (net margin 0%) and EBITDA of ₹1.23 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
Court records list 30 cases involving the company, including 7 filed by the company and 23 filed against it; 2 cases are pending.
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- Registered AddressNo:74 Ethirajsalai Fagunmansion3Rdfloor Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryFinancial Services, Forex 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 My Forex Services Private Limited
The main business activity of My Forex Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 My Forex Services Private Limited FY 2018 filings available
My Forex Services Private Limited reported revenue of ₹3.92 Cr (up 66% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of My Forex Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 66% growth in the latest year. EBITDA fell 27% 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 My Forex Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹1.23 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16,346 | •••• | •••• | •••• |
| 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 My Forex Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• |
| 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 My Forex Services are in the company report.
Financial statements from 2015
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.
Board of Directors of My Forex Services Private Limited
My Forex Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipikka Gupta Also directs: Vinayak Holidays India Private Limited | Director | 30 Mar 2012 | 14 Years 6 Months | As last reported |
| Viivekk Gupta | Director | 13 Jul 2011 | 15 Years 3 Months | As last reported |
Peer Comparison of My Forex Services Private Limited
My Forex Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Forex Services, Money Exchange 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 |
|---|---|---|---|---|---|---|
| Ideal Forex Company Private Limited | ₹4 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Aluva, Kerala, India |
| Vardhman Forex Private Limited | ₹4 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Superior Forex Private Limited | ₹3.99 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Kolkata, West Bengal, India |
| Frontline Forex Private Limited | ₹3.97 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Wsmi Forex Private Limited | ₹3.96 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| My Forex Services Private Limited this company | ₹3.92 Cr (FY 2018) | •••• | •••• | 66.0% | •••• | Chennai, Tamil Nadu, India |
| Singla Forex Payment Services Private Limited | ₹3.87 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Sunam, Punjab, India |
| Kundra Forex Private Limited | ₹3.87 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Punjab, India |
| Tunes Foreign Currency Dealers Private Limited | ₹3.86 Cr (FY 2024) | •••• | •••• | 678.0% | •••• | Ernad, Kerala, India |
| Hamdaan Travels Private Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Kolkata, West Bengal, India |
| Netfx Forex Private Limited | ₹3.77 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Mandya, Karnataka, India |
Peers are the five companies nearest above and the five nearest below My Forex Services by revenue in the BFSI industry (Forex Services, Money Exchange 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 My Forex Services Private Limited
My Forex Services Private Limited is audited by N. Aalok & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. Aalok & Co. | 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.
Ownership and Shareholding of My Forex Services 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 My Forex Services Private Limited
My Forex Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of My Forex Services Private Limited
My Forex Services Private Limited has 30 court cases on record: 7 filed by My Forex Services, 23 filed against it. 2 cases are pending and 28 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 13 | 2 |
| District courts | 10 | 10 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Appeal | Filed against the company by Citymen Forex & Travels Private Limited | Disposed |
| Madras High Court | Appeal | Filed against the company by an individual | Pending |
| Madras High Court | Appeal | Filed by the company against an individual | Pending |
| Madras High Court | Court case (CRL RC) | Filed against the company by M/S.City Men Forex& Travels | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Ms.City Men Forex and Travels Pvt. Ltd | Disposed |
Full case history
All 30 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at My Forex Services Private Limited
Employment history and EPFO contributions of people linked to My Forex Services.
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 My Forex Services Private Limited
My Forex Services Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Arun Kumar Sultania ceased to be Director on 29 Sep 2012.
Credit Ratings, Litigation & Regulatory Alerts for My Forex Services 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 My Forex Services 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 My Forex Services 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 My Forex Services Private Limited
My Forex Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 My Forex Services 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 My Forex Services Private Limited
My Forex Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
My Forex Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in forex services, within the financial services industry. It was incorporated on 20 December 2000 and is registered under CIN U67190TN2000PTC046339. The company has been struck off by the Registrar of Companies and is no longer operational.
My Forex Services had 2 directors:
- Dipikka Gupta - Director
- Viivekk Gupta - Director
The CIN (Corporate Identification Number) of My Forex Services is U67190TN2000PTC046339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of My Forex Services is at No:74 Ethirajsalai Fagunmansion3Rdfloor Egmore, Chennai, Tamil Nadu, India – 600008.
My Forex Services was incorporated on 20 December 2000. It is registered with the Registrar of Companies, Chennai.
My Forex Services reported revenue of ₹3.92 Cr for FY 2018 (up 66% YoY).
My Forex Services has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53 Lakh.
My Forex Services reported a net loss of ₹16,346 (net margin 0%) and EBITDA of ₹1.23 Lakh (EBITDA margin 0.3%) for FY 2018, as per its filed financial statements.
No. My Forex Services has 1 GST registration on record and it is cancelled or inactive.
My Forex Services operated in the financial services industry, in the forex services segment. It worked in this industry before it was struck off.