Patel Forex Private Limited
About Patel Forex Private Limited
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Patel Forex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 29 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2007PTC049889. Its GSTIN is 24AAECP1394H1ZG (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sanjay Tansukhbhai Patel (Whole-Time Director) and Alpeshkumar Prahladbhai Patel.
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 Fifth Floor – 523 Satya – 2 Complex Opp Ranna Park Bus Stop Ghatlodiya, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.77 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹2.33 Lakh (net margin -1.3%) and EBITDA of -₹2.44 Lakh (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Patel Forex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFifth Floor – 523 Satya – 2 Complex Opp Ranna Park Bus Stop Ghatlodiya, Ahmedabad, Gujarat, India – 380013
- IndustryFinancial Services, Forex Services
To see the full contact details of Patel 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 Patel 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 Patel Forex Private Limited, buy the company report.
Financials of Patel Forex Private Limited
FY 2025 filings availablePatel Forex Private Limited reported revenue of ₹1.77 Cr (down 52% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.77 Cr | ||||
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| EBITDA | -₹2.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.33 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Patel Forex Private Limited, buy the company report.
Board of directors of Patel Forex Private Limited
Patel Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Tansukhbhai Patel | Whole-Time Director | 29 Jan 2007 | 19 Years 9 Months | Current |
| Alpeshkumar Prahladbhai Patel | Director | 29 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Patel Forex Private Limited is audited by V C A N & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C A N & CO | FY 2020 | 125172W |
Shareholding
The shareholding of Patel Forex Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Patel Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Patel 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 Patel Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Patel Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP1394H1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patel Forex Private Limited, buy the company report.
Recent activity
Patel Forex Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Alpeshkumar Prahladbhai Patel was appointed as Director on 29 Jan 2007.
Frequently asked questions
Patel Forex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 29 January 2007 (19+ years old) and is registered under CIN U67120GJ2007PTC049889.
Patel Forex has 2 current directors:
- Sanjay Tansukhbhai Patel - Whole-Time Director
- Alpeshkumar Prahladbhai Patel - Director
The latest financial statements of Patel 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 Patel Forex is 24AAECP1394H1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Patel Forex is U67120GJ2007PTC049889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patel Forex was incorporated on 29 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alpeshkumar Prahladbhai Patel was appointed as Director on 29 Jan 2007. Sanjay Tansukhbhai Patel was appointed as Whole-Time Director on 29 Jan 2007.
The registered office of Patel Forex is at Fifth Floor – 523 Satya – 2 Complex Opp Ranna Park Bus Stop Ghatlodiya, Ahmedabad, Gujarat, India – 380013.
Patel Forex operates in the financial services industry, in the forex services segment.
The compliance status of Patel Forex is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
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