Nikhil Forex Private Limited
About Nikhil Forex Private Limited
Data last updated:
Nikhil Forex Private Limited is a private limited company based in Ranchi, Jharkhand, India. It operates in the bfsi segment of the financial services sector. It was incorporated on 25 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U65920JH2006PTC012328. Its GSTIN is 20AACCN3535C1Z7 (Jharkhand).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Nikhil Biyani and Akhilesh Biyani.
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 Ranchi, Jharkhand.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.46 Cr. For the same year it recorded a net profit of ₹1.08 Lakh (net margin 0.7%) and EBITDA of ₹1.64 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 98% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nikhil Forex has one previous CIN (Corporate Identification Number): U65920BR2006PTC012328. The current CIN is U65920JH2006PTC012328, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65920JH2006PTC012328 | Current |
| U65920BR2006PTC012328 | Previous |
Contact details
Nikhil Forex Private Limited's registered office is in Ranchi, Jharkhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Sethi Corporate Building Opp. State Bank Of Bikaner & Jaipur P.P, . Compound, Ranchi, Jharkhand, India – 834001
- IndustryFinancial Services, Bfsi, Commercial Banks
To see the full contact details of Nikhil 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 Nikhil 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 Nikhil Forex Private Limited, buy the company report.
Financials of Nikhil Forex Private Limited
FY 2025 filings availableNikhil Forex Private Limited reported revenue of ₹1.46 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years. EBITDA rose 9% 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 | ₹1.64 Lakh | ||||
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| Net Profit (PAT) | ₹1.08 Lakh | ||||
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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 | 1.1% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Nikhil Forex Private Limited, buy the company report.
Board of directors of Nikhil Forex Private Limited
Nikhil Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Biyani | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
| Akhilesh Biyani | Director | 25 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Nikhil 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 |
|---|---|---|---|---|---|---|
| JKK Finance Limited | ₹1.46 Cr (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Amar & Sons Stock Broking Pvt.Ltd. | ₹1.46 Cr (FY 2024) | -37.0% | Kolkata, West Bengal, India | |||
| Bhushan Capitals Ltd | ₹1.46 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| SRG Fingrow Finance Limited | ₹1.46 Cr (FY 2024) | -31.0% | Udaipur, Rajasthan, India | |||
| Regent Estates Ltd. | ₹1.46 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Nikhil Forex Private Limitedthis company | ₹1.46 Cr (FY 2024) | ₹1.08 Lakh | 0.7% | Ranchi, Jharkhand, India | ||
| Aaklavya (India)Pvt Ltd | ₹1.46 Cr (FY 2019) | -71.0% | Kolkata, West Bengal, India | |||
| Aiswarya Hire Purchase and Leasing Pvt Ltd | ₹1.46 Cr (FY 2025) | -2.0% | Muvattupuzha, Kerala, India | |||
| Avant Finwise Private Limited | ₹1.46 Cr (FY 2024) | -26.0% | Mumbai, Maharashtra, India | |||
| Saikrupa Finlease Private Limited | ₹1.46 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India | |||
| Multiplus Resources Ltd | ₹1.45 Cr (FY 2020) | -21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nikhil Forex Private Limited, buy the company report.
Auditor
Nikhil Forex Private Limited is audited by RANJEET GARODIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANJEET GARODIA & CO | FY 2017 | 009159C |
Shareholding
The shareholding of Nikhil Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nikhil Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nikhil 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 Nikhil Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikhil Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AACCN3535C1Z7 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nikhil Forex Private Limited, buy the company report.
Recent activity
Nikhil Forex Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Nikhil Biyani was appointed as Director on 20 Aug 2024.
Frequently asked questions
Nikhil Forex is an active private limited company based in Ranchi, Jharkhand, India. The company works in bfsi, within the financial services industry. It was incorporated on 25 April 2006 (20+ years old) and is registered under CIN U65920JH2006PTC012328.
Nikhil Forex has 2 current directors:
- Nikhil Biyani - Director
- Akhilesh Biyani - Director
The latest financial statements of Nikhil 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 Nikhil Forex is 20AACCN3535C1Z7, registered in Jharkhand.
The CIN (Corporate Identification Number) of Nikhil Forex is U65920JH2006PTC012328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Forex was incorporated on 25 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Nikhil Forex by revenue are JKK Finance Limited, Amar & Sons Stock Broking Pvt.Ltd, Bhushan Capitals Ltd, SRG Fingrow Finance Limited, Regent Estates Ltd. and 5 more, all in the same principal business activity (other financial activities).
Nikhil Biyani was appointed as Director on 20 Aug 2024. Kishan Gopal Biyani ceased to be Director on 22 Jul 2024. Shakuntala Devi Biyani ceased to be Director on 09 Apr 2019. Nikhil Forex has 4 board changes on record in total.
The registered office of Nikhil Forex is at 3rd Floor Sethi Corporate Building Opp. State Bank Of Bikaner & Jaipur P.P, . Compound, Ranchi, Jharkhand, India – 834001.
Nikhil Forex operates in the financial services industry, in the bfsi segment.
The compliance status of Nikhil Forex is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.