Sadhana Forex Private Limited
About Sadhana Forex Private Limited
Data last updated:
Sadhana Forex Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2013PTC077802. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Jigar Pravinchandra Adatiya and Nidhi Jigarbhai Adatiya.
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 116 Madhav Complex Pandit Nehru Marg, Jamnagar, Gujarat, India – 361008.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.3 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹84,920 (net margin 36.9%) and EBITDA of ₹84,920 (EBITDA margin 36.9%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 64% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sadhana Forex Private Limited's registered office is in Jamnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address116 Madhav Complex Pandit Nehru Marg, Jamnagar, Gujarat, India – 361008
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sadhana 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 Sadhana 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 Sadhana Forex Private Limited, buy the company report.
Financials of Sadhana Forex Private Limited
FY 2025 filings availableSadhana Forex Private Limited reported revenue of ₹2.3 Lakh (up 181% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 181% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA rose 14% 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 |
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| EBITDA | ₹84,920 | ||||
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| Net Profit (PAT) | ₹84,920 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.9% | ||||
| Net Profit Margin | 36.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sadhana Forex Private Limited, buy the company report.
Board of directors of Sadhana Forex Private Limited
Sadhana 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 |
|---|---|---|---|---|
| Jigar Pravinchandra Adatiya | Director | 26 Jul 2022 | 4 Years 3 Months | Current |
| Nidhi Jigarbhai Adatiya | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Sadhana Forex Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Aar Bee Forex Private Limited | ₹2.7 Lakh (FY 2025) | -5.0% | Jalandhar, Punjab, India | |||
| Eastgrow Forex Private Limited | ₹2.32 Lakh (FY 2025) | 667.0% | Bhubaneswar, Odisha, India | |||
| Sadhana Forex Private Limitedthis company | ₹2.3 Lakh (FY 2025) | ₹84,920 | 36.9% | 181.0% | Jamnagar, Gujarat, India | |
| Arvind Forex Private Limited | ₹2.22 Lakh (FY 2025) | -81.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Sadhana Forex Private Limited, buy the company report.
Auditor
Sadhana Forex Private Limited is audited by K.V Khagram & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.V Khagram & Co. | FY 2017 | 129863W |
Shareholding
The shareholding of Sadhana Forex Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sadhana Forex Private Limited, buy the company report.
Legal cases
Sadhana Forex Private Limited has 1 court case on record: 1 filed by Sadhana Forex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Disposed |
To see the full case history of Sadhana Forex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sadhana Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sadhana Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sadhana Forex Private Limited, buy the company report.
Recent activity
Sadhana Forex Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Nildeep Bhanvadiya ceased to be Director on 27 Jul 2022.
Frequently asked questions
Sadhana Forex is an active private limited company based in Jamnagar, Gujarat, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 December 2013 (13+ years old) and is registered under CIN U67190GJ2013PTC077802.
Sadhana Forex has 2 current directors:
- Jigar Pravinchandra Adatiya - Director
- Nidhi Jigarbhai Adatiya - Director
The latest financial statements of Sadhana 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.
No. Sadhana Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sadhana Forex is U67190GJ2013PTC077802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sadhana Forex has 1 court case on record: 1 filed by the company.
Sadhana Forex was incorporated on 09 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sadhana Forex by revenue are Aar Bee Forex Private Limited, Eastgrow Forex Private Limited, Arvind Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Nildeep Bhanvadiya ceased to be Director on 27 Jul 2022. Jigar Pravinchandra Adatiya was appointed as Director on 26 Jul 2022. Jigar Pravinchandra Adatiya ceased to be Director on 27 Mar 2021. Sadhana Forex has 4 board changes on record in total.
The registered office of Sadhana Forex is at 116 Madhav Complex Pandit Nehru Marg, Jamnagar, Gujarat, India – 361008.
Sadhana Forex operates in the financial services industry, in the financial activities segment.
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