Paresh Forex Private Limited
About Paresh Forex Private Limited
Data last updated:
Paresh 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 07 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC272832. Its GSTIN is 27AAICP4618E1ZF (Maharashtra).
The company has an authorised share capital of ₹28 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Paresh Bhanwarlal Parmar and Sujata Paresh Parmar.
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 3 Narayan Nagar Hanumant Rd Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.48 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.14 Lakh (net margin 0.1%) and EBITDA of ₹3.32 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paresh Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Narayan Nagar Hanumant Rd Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Forex Services
To see the full contact details of Paresh 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 Paresh Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Paresh Forex Private Limited, buy the company report.
Financials of Paresh Forex Private Limited
FY 2025 filings availableParesh Forex Private Limited reported revenue of ₹25.48 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 62% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.14 Lakh | ||||
| 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
| 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 | |||||
To see the full financial statements and ratios of Paresh Forex Private Limited, buy the company report.
Board of directors of Paresh Forex Private Limited
Paresh 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 |
|---|---|---|---|---|
| Paresh Bhanwarlal Parmar | Director | 07 Feb 2016 | 10 Years 8 Months | Current |
| Sujata Paresh Parmar | Director | 12 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Paresh Forex Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhairav Forex Private Limited | ₹25.57 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Tyagi Forex Private Limited | ₹25.56 Cr (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| Paresh Forex Private Limitedthis company | ₹25.48 Cr (FY 2025) | ₹3.14 Lakh | 0.1% | -8.0% | Mumbai, Maharashtra, India | |
| Reliable Exchange House (India) Private Limited | ₹25.43 Cr (FY 2025) | -17.0% | Kalyan, Maharashtra, India | |||
| Manav Forex Private Limited | ₹25.41 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Paresh Forex Private Limited, buy the company report.
Auditor
Paresh Forex Private Limited is audited by M N N & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N N & ASSOCIATES | FY 2022 | 141125W |
Shareholding
The shareholding of Paresh Forex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paresh Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paresh 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 Paresh Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paresh Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP4618E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paresh Forex Private Limited, buy the company report.
Recent activity
Paresh Forex Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Sujata Paresh Parmar ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Paresh 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 07 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC272832.
Paresh Forex has 2 current directors:
- Paresh Bhanwarlal Parmar - Director
- Sujata Paresh Parmar - Director
The latest financial statements of Paresh 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 2016 are in the company report.
The GSTIN of Paresh Forex is 27AAICP4618E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paresh Forex is U74900MH2016PTC272832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paresh Forex was incorporated on 07 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paresh Forex by revenue are Bhairav Forex Private Limited, Tyagi Forex Private Limited, Reliable Exchange House (India) Private Limited, Manav Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Sujata Paresh Parmar ceased to be Additional Director on 30 Sep 2022. Sujata Paresh Parmar was appointed as Director on 12 Nov 2019. Bhanwarlal Dhanraj Parmar ceased to be Director on 25 Oct 2019. Paresh Forex has 4 board changes on record in total.
The registered office of Paresh Forex is at 3 Narayan Nagar Hanumant Rd Vile Parle East, Mumbai, Maharashtra, India – 400057.
Paresh Forex operates in the financial services industry, in the forex services segment.
The compliance status of Paresh Forex is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.