Primary Forex Private Limited
About Primary Forex Private Limited
Data last updated:
Primary Forex Private Limited is a private limited company based in Karur, Tamil Nadu, India. It was incorporated on 11 July 2023.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U66190TN2023PTC161851.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Suresh Renuka and Nagarajan Rameshkumar.
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 Karur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹92,988 (net margin 0%) and EBITDA of ₹2.03 Lakh (EBITDA margin 0.1%).
Company details
Contact details
Primary Forex Private Limited's registered office is in Karur, Tamil Nadu.
- Registered AddressDoor No.199 Vaiapuri, Nagar 2nd Cross Inam, Karur, Tamil Nadu, India – 639001
- 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 Primary 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 Primary Forex Private Limited, buy the company report.
Financials of Primary Forex Private Limited
FY 2025 filings availablePrimary Forex Private Limited reported revenue of ₹21.74 Cr (up 211% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 211% in the latest year. EBITDA rose 55% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹92,988 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.1% | |
| Net Profit Margin | 0% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
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To see the full financial statements and ratios of Primary Forex Private Limited, buy the company report.
Board of directors of Primary Forex Private Limited
Primary Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Renuka | Director | 11 Jul 2023 | 3 Years 3 Months | Current |
| Nagarajan Rameshkumar | Director | 11 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Primary Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Gyan Kuber Limited | ₹22.07 Cr (FY 2025) | 104229.0% | Bhiwandi, Maharashtra, India | |||
| S.L.N. Forex Services Private Limited | ₹22 Cr (FY 2025) | -21.0% | Bangalore, Karnataka, India | |||
| Pioneer Holdings Private Limited | ₹21.96 Cr (FY 2025) | 51.0% | Mumbai, Maharashtra, India | |||
| Raj Foreign Exchange & Importers Private Limited | ₹21.86 Cr (FY 2024) | 134.0% | Pune, Maharashtra, India | |||
| JHM Enterprises Private Limited | ₹21.82 Cr (FY 2025) | -71.0% | Mumbai, Maharashtra, India | |||
| Primary Forex Private Limitedthis company | ₹21.74 Cr (FY 2025) | ₹92,988 | 0% | 211.0% | Karur, Tamil Nadu, India | |
| Fardan Calcutta Foreign Exchange Private Limited | ₹21.65 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Ajayabhi Securities Private Limited | ₹21.59 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Kausar Capital Private Limited | ₹21.53 Cr (FY 2025) | -71.0% | Malkapur, Maharashtra, India | |||
| PL Wealth Private Limited | ₹21.43 Cr (FY 2025) | 613.0% | Mumbai, Maharashtra, India | |||
| Nexten Brands Private Limited | ₹21.43 Cr (FY 2025) | 305.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Primary Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Primary 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 Primary Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Primary Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Primary Forex Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Nagarajan Rameshkumar was appointed as Director on 11 Jul 2023.
Frequently asked questions
Primary Forex is an active private limited company based in Karur, Tamil Nadu, India. It was incorporated on 11 July 2023 (3+ years old) and is registered under CIN U66190TN2023PTC161851.
Primary Forex has 2 current directors:
- Suresh Renuka - Director
- Nagarajan Rameshkumar - Director
The latest financial statements of Primary 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 2024 are in the company report.
The CIN (Corporate Identification Number) of Primary Forex is U66190TN2023PTC161851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primary Forex was incorporated on 11 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Primary Forex by revenue are Gyan Kuber Limited, S.L.N. Forex Services Private Limited, Pioneer Holdings Private Limited, Raj Foreign Exchange & Importers Private Limited, JHM Enterprises Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Nagarajan Rameshkumar was appointed as Director on 11 Jul 2023. Suresh Renuka was appointed as Director on 11 Jul 2023.
The registered office of Primary Forex is at Door No.199 Vaiapuri, Nagar 2nd Cross Inam, Karur, Tamil Nadu, India – 639001.
Primary Forex can be reached at its registered office: Door No.199 Vaiapuri, Nagar 2nd Cross Inam, Karur, Tamil Nadu, India – 639001.
Primary Forex is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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