MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0114189
Natraj Forex Private Limited
Natraj Forex Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.42 Cr
▲ 60% YoY
Net profit · FY 2025
₹99,043
Net margin 0.1%
EBITDA · FY 2025
₹1.96 Lakh
EBITDA margin 0.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Natraj Forex Private Limited
Data last updated:
Natraj Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 20 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC269401. Its GSTIN is 27AAFCN0588A1ZN (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Amit Arvind Rajpopat and Arvind Nandlal Rajpopat.
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. 2/C Jain Mansion Daftary Road Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.42 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹99,043 (net margin 0.1%) and EBITDA of ₹1.96 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 16% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Natraj Forex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0114189). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Natraj Forex Private Limited
CIN U74120MH2015PTC269401
Registration Number 269401
Incorporation Date 20 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0114189
Recognitions & Rankings of Natraj Forex
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 2/C Jain Mansion Daftary Road Malad East, Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, Forex Services
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Business Activity of Natraj Forex Private Limited
The main business activity of Natraj Forex is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Natraj Forex Private Limited FY 2025 filings available
Natraj Forex Private Limited reported revenue of ₹15.42 Cr (up 60% YoY) for FY 2025.
Revenue · FY 2025
₹15.42 Cr ▲ 60%
Net profit · FY 2025
₹99,043 margin 0.1%
EBITDA · FY 2025
₹1.96 Lakh margin 0.1%
Compounded Annual Growth Rate (CAGR) of Natraj Forex Private Limited
Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▼ 23%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 17%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 60% growth in the latest year. EBITDA rose 63% 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 Natraj Forex Private Limited
| 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 | ₹1.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹99,043 | •••• | •••• | •••• | •••• |
| 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 Natraj Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Natraj Forex are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
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Board of Directors of Natraj Forex Private Limited
Natraj Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Arvind Rajpopat Also directs: Kanj Nidhi Limited | Director | 20 Oct 2015 | 11 Years 0 Months | Current |
| Arvind Nandlal Rajpopat | Director | 20 Oct 2015 | 11 Years 0 Months | Current |
Peer Comparison of Natraj Forex Private Limited
Natraj Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Finwave Forex Private Limited | ₹15.47 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Ahmedabad, Gujarat, India |
| Sangeeta Ornaments and Forex Private Limited | ₹15.46 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| A.F. Money Exchange Private Limited | ₹15.44 Cr (FY 2024) | •••• | •••• | 130.0% | •••• | Naveen Market, Kanpur, Uttar Pradesh, India |
| Fly Lemon Travel & Forex Private Limited | ₹15.43 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Pune, Maharashtra, India |
| Exact Money Changers Private Limited | ₹15.43 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Natraj Forex Private Limited this company | ₹15.42 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Collin Forex Private Limited | ₹15.41 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| I Ventures Securities Private Limited | ₹15.38 Cr (FY 2024) | •••• | •••• | 403.0% | •••• | Gurgaon, Haryana, India |
| Jesna Forex Private Limited | ₹15.22 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Chennai, Tamil Nadu, India |
| Samim Forex & Travels Private Limited | ₹15.21 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
| Roushan Forex Private Limited | ₹15.13 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Natraj Forex by revenue in the BFSI industry (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 Natraj Forex Private Limited
Natraj Forex Private Limited is audited by KOTHARI RAJPOPAT & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOTHARI RAJPOPAT & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Natraj Forex Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Natraj Forex Private Limited
Natraj Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Natraj Forex Private Limited
Natraj Forex Private Limited has 1 court case on record: 1 filed by Natraj Forex. All case is disposed. Status as checked on 30 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
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, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Natraj Forex Private Limited
Employment history and EPFO contributions of people linked to Natraj Forex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Natraj Forex Private Limited
Natraj Forex Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Anilkumar Nandlal Rajpopat ceased to be Director on 01 Jan 2024.
AGM
Natraj Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Natraj Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Anilkumar Nandlal Rajpopat ceased to be Director.
Ceased
Khyati Ashokkumar Rajpopat ceased to be Director.
Ceased
Vinod Nandlal Rajpopat ceased to be Director.
Ceased
Jagdish Nandlal Rajpopat ceased to be Director.
Appointed
Amit Arvind Rajpopat was appointed as Director.
Appointed
Arvind Nandlal Rajpopat was appointed as Director.
Incorporation
20 Oct 2015
Natraj Forex Private Limited was registered on 20 Oct 2015 with Roc Mumbai & aged 11 years 1 day as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Natraj Forex Private Limited
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MSME Payment Delays by Natraj Forex Private Limited
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Subsidiaries & Group Companies of Natraj Forex Private Limited
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GST Compliance of Natraj Forex Private Limited
Natraj Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN0588A1ZN | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Natraj Forex Private Limited
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Frequently Asked Questions about Natraj Forex Private Limited
Natraj Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 20 October 2015 (11+ years old) and is registered under CIN U74120MH2015PTC269401.
Natraj Forex reported revenue of ₹15.42 Cr for FY 2025 (up 60% YoY).
Natraj Forex has 2 current directors:
- Amit Arvind Rajpopat - Director
- Arvind Nandlal Rajpopat - Director
Natraj Forex reported a net profit of ₹99,043 (net margin 0.1%) and EBITDA of ₹1.96 Lakh (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Natraj Forex is -23% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Natraj Forex is 27AAFCN0588A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Natraj Forex is U74120MH2015PTC269401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Natraj Forex has 1 court case on record: 1 filed by the company.
Natraj Forex was incorporated on 20 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Natraj Forex by revenue are Finwave Forex Private Limited, Sangeeta Ornaments and Forex Private Limited, A.F. Money Exchange Private Limited, Fly Lemon Travel & Forex Private Limited, Exact Money Changers Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Anilkumar Nandlal Rajpopat ceased to be Director on 01 Jan 2024. Khyati Ashokkumar Rajpopat ceased to be Director on 01 Jan 2024. Vinod Nandlal Rajpopat ceased to be Director on 01 Jan 2024. Natraj Forex has 6 board changes on record in total.