About Sahara Forex Private Limited
Data last updated:
Sahara Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 19 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67100TN2011PTC080708. Its GSTIN is 33AAPCS8805F1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Jagadish and Siraj Sharfraz Ahamed.
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 Shop Door No.472 1st Floor Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.97 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹83,000 (net margin -11.9%) and EBITDA of ₹38,000 (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saharaforex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop Door No.472 1st Floor Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035
- 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 Sahara Forex Private Limited
The main business activity of Sahara Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Sahara Forex Private Limited FY 2025 filings available
Sahara Forex Private Limited reported revenue of ₹6.97 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sahara Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 26% fall in the latest year. EBITDA fell 70% 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 Sahara 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 | ₹38,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹83,000 | •••• | •••• | •••• | •••• |
| 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 Sahara Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.9% | •••• | •••• | •••• | •••• |
| 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 Sahara Forex are in the company report.
Financial statements from 2015
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 Sahara Forex Private Limited
Sahara Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadish | Director | 19 May 2011 | 15 Years 5 Months | Current |
| Siraj Sharfraz Ahamed | Director | 19 May 2011 | 15 Years 5 Months | Current |
Peer Comparison of Sahara Forex Private Limited
Sahara 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 |
|---|---|---|---|---|---|---|
| Susanta Forex & Travel Service Private Limited | ₹7.63 Lakh (FY 2024) | •••• | •••• | -57.0% | •••• | Chennai, Tamil Nadu, India |
| PBC Forex Private Limited | ₹7.57 Lakh (FY 2024) | •••• | •••• | 790.0% | •••• | Mumbai, Maharashtra, India |
| Moneeflo Technologies Private Limited | ₹7.56 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Gurugram, Haryana, India |
| Laut Sana Forex Private Limited | ₹7.27 Lakh (FY 2023) | •••• | •••• | 1284.0% | •••• | Chennai, Tamil Nadu, India |
| Jagsons Forex Private Limited | ₹7.18 Lakh (FY 2025) | •••• | •••• | 59.0% | •••• | Nagpur, Maharashtra, India |
| Sahara Forex Private Limited this company | ₹6.97 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Chennai, Tamil Nadu, India |
| Fly X Forex and Travels Private Limited | ₹6.89 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Kozhikode, Kerala, India |
| R S Bhartya Steel Pvt Ltd | ₹6.87 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bihar, India |
| Shree Sakshat Money Lenders & Exchange Private Limited | ₹6.84 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Thane, Maharashtra, India |
| Ag Aircon Private Limited | ₹6.83 Lakh (FY 2018) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| Geetu Forex Private Limited | ₹6.78 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Punjab, India |
Peers are the five companies nearest above and the five nearest below Sahara 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 Sahara Forex Private Limited
Sahara Forex Private Limited is audited by P T PONNAIAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P T PONNAIAH & 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 Sahara 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 Sahara Forex Private Limited
Sahara Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sahara Forex Private Limited
Employment history and EPFO contributions of people linked to Sahara 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 Sahara Forex Private Limited
Sahara Forex Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Siraj Shahidha Begum ceased to be Director on 25 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Sahara 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 Sahara 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 Sahara 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 Sahara Forex Private Limited
Sahara Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCS8805F1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
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 Sahara 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 Sahara Forex Private Limited
Sahara Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 19 May 2011 (15+ years old) and is registered under CIN U67100TN2011PTC080708.
Sahara Forex reported revenue of ₹6.97 Lakh for FY 2025 (down 26% YoY).
Sahara Forex has 2 current directors:
- Jagadish - Director
- Siraj Sharfraz Ahamed - Director
Sahara Forex reported a net loss of ₹83,000 (net margin -11.9%) and EBITDA of ₹38,000 (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sahara Forex is 11% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sahara Forex is 33AAPCS8805F1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sahara Forex is U67100TN2011PTC080708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sahara Forex was incorporated on 19 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sahara Forex by revenue are Susanta Forex & Travel Service Private Limited, PBC Forex Private Limited, Moneeflo Technologies Private Limited, Laut Sana Forex Private Limited, Jagsons Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Siraj Shahidha Begum ceased to be Director on 25 Mar 2019. Jagadish was appointed as Director on 19 May 2011. Siraj Sharfraz Ahamed was appointed as Director on 19 May 2011.
Sahara Forex can be reached through the website saharaforex.com. Its registered office is in Chennai, Tamil Nadu, India.