Parth Forex Private Limited
About Parth Forex Private Limited
Data last updated:
Parth 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 13 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2017PTC299697. Its GSTIN is 27AAJCP4253A1ZN (Maharashtra).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Kirti Madanraj Mehta and Dhiren Mukesh Mehta.
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 G – 109 Sant Jalaram Bappa Market Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.59 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.75 Lakh (net margin 0.1%) and EBITDA of ₹6.17 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressG – 109 Sant Jalaram Bappa Market Mulund (W), Mumbai, Maharashtra, India – 400080
- 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 Parth Forex Private Limited
The main business activity of Parth Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Parth Forex Private Limited FY 2025 filings available
Parth Forex Private Limited reported revenue of ₹40.59 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parth Forex Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 49% 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 Parth 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 | ₹6.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.75 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 of Parth Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Parth Forex are in the company report.
Financial statements from FY 2018
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 Parth Forex Private Limited
Parth Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirti Madanraj Mehta | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Dhiren Mukesh Mehta | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Vasanti Dilip Mehta | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
Peer Comparison of Parth Forex Private Limited
Parth 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 |
|---|---|---|---|---|---|---|
| Mascot Forex Consultancy Private Limited | ₹41.19 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Indore, Madhya Pradesh, India |
| Bonton Money Exchange Private Limited | ₹40.85 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Mumbai, Maharashtra, India |
| DKG Travels & Forex Private Limited | ₹40.79 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| Ebix Money Express Private Limited | ₹40.79 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| BMS Forex Private Limited | ₹40.78 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Lucknow, Uttar Pradesh, India |
| Parth Forex Private Limited this company | ₹40.59 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Classic Forex and Consultancy Services Private Limited | ₹40.29 Cr (FY 2017) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Slak Forex Private Limited | ₹40.23 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Kolkata, West Bengal, India |
| MRJ Forex Private Limited | ₹40.2 Cr (FY 2021) | •••• | •••• | -59.0% | •••• | Village Siraspur, Delhi, India |
| Raja Moneyexchangers & Holidays Private Limited | ₹39.9 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Nizamabad, Telangana, India |
| Mac Forex & Holidays Private Limited | ₹39.64 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Parth 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 Parth Forex Private Limited
Parth Forex Private Limited is audited by Nimesh B. Parekh & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nimesh B. Parekh & 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 Parth Forex 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 Parth Forex Private Limited
Parth Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parth Forex Private Limited
Employment history and EPFO contributions of people linked to Parth Forex.
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 Parth Forex Private Limited
Parth Forex Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Dhiren Mukesh Mehta was appointed as Director on 13 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Parth Forex 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 Parth Forex 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 Parth Forex 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 Parth Forex Private Limited
Parth Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP4253A1ZN | Maharashtra | Active | 25 Jun 2018 |
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 Parth Forex 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 Parth Forex Private Limited
Parth 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 13 September 2017 (9+ years old) and is registered under CIN U67190MH2017PTC299697.
Parth Forex reported revenue of ₹40.59 Cr for FY 2025 (down 9% YoY).
Parth Forex has 3 current directors:
- Kirti Madanraj Mehta - Director
- Dhiren Mukesh Mehta - Director
- Vasanti Dilip Mehta - Director
Parth Forex reported a net profit of ₹3.75 Lakh (net margin 0.1%) and EBITDA of ₹6.17 Lakh (EBITDA margin 0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parth Forex is 32% over three years and 21% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parth Forex is 27AAJCP4253A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Parth Forex is U67190MH2017PTC299697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parth Forex was incorporated on 13 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parth Forex by revenue are Mascot Forex Consultancy Private Limited, Bonton Money Exchange Private Limited, DKG Travels & Forex Private Limited, Ebix Money Express Private Limited, BMS Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Dhiren Mukesh Mehta was appointed as Director on 13 Sep 2017. Kirti Madanraj Mehta was appointed as Director on 13 Sep 2017. Vasanti Dilip Mehta was appointed as Director on 13 Sep 2017.
The registered office of Parth Forex is at G – 109 Sant Jalaram Bappa Market Mulund W, Mumbai, Maharashtra, India – 400080.