S. K. Forex (India) Private Limited
About S. K. Forex (India) Private Limited
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S. K. Forex (India) 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 27 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC173528. Its GSTIN is 27AALCS3700K1Z7 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Karim Sadruddin Patel and Salim Sadruddin 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 Vicmon Apt Shop No. 9 Church Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.51 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹84,740 (net margin 0%) and EBITDA of ₹1.64 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S. K. Forex (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVicmon Apt Shop No. 9 Church Road Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Forex Services
To see the full contact details of S. K. Forex (India) 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 S. K. Forex (India) 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 S. K. Forex (India) Private Limited, buy the company report.
Financials of S. K. Forex (India) Private Limited
FY 2025 filings availableS. K. Forex (India) Private Limited reported revenue of ₹30.51 Cr (up 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 61% growth in the latest year. 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) | ₹84,740 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of S. K. Forex (India) Private Limited, buy the company report.
Board of directors of S. K. Forex (India) Private Limited
S. K. Forex (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karim Sadruddin Patel | Director | 27 Aug 2007 | 19 Years 2 Months | Current |
| Salim Sadruddin Patel | Director | 27 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
S. K. Forex (India) Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with 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 |
|---|---|---|---|---|---|---|
| Bengal Forex Private Limited | ₹30.82 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Manoj Forex and Ornaments Private Limited | ₹30.8 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Flygate Hina Forex & Travels Private Limited | ₹30.77 Cr (FY 2020) | Kolkata, West Bengal, India | ||||
| S. K. Forex (India) Private Limitedthis company | ₹30.51 Cr (FY 2024) | ₹84,740 | 0% | 61.0% | Mumbai, Maharashtra, India | |
| Dey Forex Private Limited | ₹30.37 Cr (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Sri Nidhi Forex Private Limited | ₹30.14 Cr (FY 2025) | -23.0% | Hyderabad, Telangana, India |
To see the full peer comparison of S. K. Forex (India) Private Limited, buy the company report.
Auditor
S. K. Forex (India) Private Limited is audited by PARIKH & AMIN ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH & AMIN ASSOCIATES | FY 2017 | 107520W |
Shareholding
The shareholding of S. K. Forex (India) 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 S. K. Forex (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving S. K. Forex (India) 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 S. K. Forex (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S. K. Forex (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS3700K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S. K. Forex (India) Private Limited, buy the company report.
Recent activity
S. K. Forex (India) Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Karim Sadruddin Patel was appointed as Director on 27 Aug 2007.
Frequently asked questions
S. K. Forex (India) 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 27 August 2007 (19+ years old) and is registered under CIN U74999MH2007PTC173528.
S. K. Forex (India) has 2 current directors:
- Karim Sadruddin Patel - Director
- Salim Sadruddin Patel - Director
The latest financial statements of S. K. Forex (India) 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 S. K. Forex (India) is 27AALCS3700K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of S. K. Forex (India) is U74999MH2007PTC173528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S. K. Forex (India) was incorporated on 27 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of S. K. Forex (India) by revenue are Bengal Forex Private Limited, Manoj Forex and Ornaments Private Limited, Flygate Hina Forex & Travels Private Limited, Dey Forex Private Limited, Sri Nidhi Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Karim Sadruddin Patel was appointed as Director on 27 Aug 2007. Salim Sadruddin Patel was appointed as Director on 27 Aug 2007.
The registered office of S. K. Forex (India) is at Vicmon Apt Shop No. 9 Church Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
S. K. Forex (India) operates in the financial services industry, in the forex services segment.
The compliance status of S. K. Forex (India) is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
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