Setia Forex Private Limited
About Setia Forex Private Limited
Data last updated:
Setia Forex Private Limited is a private limited company based in Bagha Purana, Punjab, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65990PB2008PTC031729. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Suresh Kumar (Managing Director) and Tarsem Lal Setia.
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 Dm Market Chowk Bhagat Singh Mudki Bagha Purana, Punjab, India – 142038.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.04 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹38,762 (net margin 0.1%) and EBITDA of ₹55,303 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Setia Forex Private Limited's registered office is in Bagha Purana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDm Market Chowk Bhagat Singh Mudki Bagha Purana, Punjab, India – 142038
- IndustryFinancial Services, Financial Activities
To see the full contact details of Setia 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 Setia 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 Setia Forex Private Limited, buy the company report.
Financials of Setia Forex Private Limited
FY 2025 filings availableSetia Forex Private Limited reported revenue of ₹6.04 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 20% fall in the latest year. EBITDA rose 22% 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 |
|---|---|---|---|---|---|
| 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 | ₹55,303 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38,762 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Setia Forex Private Limited, buy the company report.
Board of directors of Setia Forex Private Limited
Setia Forex has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarsem Lal Setia | Director | 04 Mar 2008 | 18 Years 8 Months | Current |
| Meena Rani | Director | 04 Mar 2008 | 18 Years 8 Months | Current |
| Suresh Kumar | Managing Director | 04 Mar 2008 | 18 Years 8 Months | Current |
| Parveen Setia | Director | 04 Mar 2008 | 18 Years 8 Months | Current |
Peer comparison
Setia Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kalpana Sahu Mutual Benefit Nidhi Limited | ₹6.06 Cr (FY 2024) | 39.0% | Lucknow, Uttar Pradesh, India | |||
| Dhanalakshmi Srinivasan (Karnataka) Nidhi Limited | ₹6.05 Cr (FY 2025) | 823.0% | Bangalore, Karnataka, India | |||
| Venus Orchards Pvt Ltd | ₹6.05 Cr (FY 2025) | -67.0% | Kolkata, West Bengal, India | |||
| Ashdil Sales Promotion Pvt Ltd | ₹6.04 Cr (FY 2025) | 92.0% | Kolkata, West Bengal, India | |||
| Odisha Finlease Private Limited | ₹6.04 Cr (FY 2019) | 22.0% | Madhu Vihar, Delhi, India | |||
| Setia Forex Private Limitedthis company | ₹6.04 Cr (FY 2024) | ₹38,762 | 0.1% | -20.0% | Bagha Purana, Punjab, India | |
| Sayar Devi Dhanmull Sowcar Nidhi Limited | ₹6.03 Cr (FY 2025) | 8.0% | Tiruvannamalai, Tamil Nadu, India | |||
| Opg Securities Private Limited | ₹6.03 Cr (FY 2024) | -25.0% | Gandhinagar, Gujarat, India | |||
| Abe Foreign Exchange Private Limited | ₹6.03 Cr (FY 2025) | -43.0% | Nanded, Maharashtra, India | |||
| Beejay Investment & Financial Consultants Pvt. Ltd | ₹6.03 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Naman Finlease Private Limited | ₹6.02 Cr (FY 2025) | 280.0% | New Delhi, Delhi, India |
To see the full peer comparison of Setia Forex Private Limited, buy the company report.
Auditor
Setia Forex Private Limited is audited by Hemant Arora & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemant Arora & Associates | FY 2017 | 026225N |
Shareholding
The shareholding of Setia Forex 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 Setia Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Setia 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 Setia Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Setia 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 Setia Forex Private Limited, buy the company report.
Recent activity
Setia Forex Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Meena Rani was appointed as Director on 04 Mar 2008.
Frequently asked questions
Setia Forex is an active private limited company based in Bagha Purana, Punjab, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 March 2008 (18+ years old) and is registered under CIN U65990PB2008PTC031729.
Setia Forex has 4 current directors:
- Suresh Kumar - Managing Director
- Tarsem Lal Setia - Director
- Meena Rani - Director
- Parveen Setia - Director
The latest financial statements of Setia 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. Setia Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Setia Forex is U65990PB2008PTC031729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setia Forex was incorporated on 04 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Setia Forex by revenue are Kalpana Sahu Mutual Benefit Nidhi Limited, Dhanalakshmi Srinivasan (Karnataka) Nidhi Limited, Venus Orchards Pvt Ltd, Ashdil Sales Promotion Pvt Ltd, Odisha Finlease Private Limited and 5 more, all in the same principal business activity (other financial activities).
Meena Rani was appointed as Director on 04 Mar 2008. Parveen Setia was appointed as Director on 04 Mar 2008. Suresh Kumar was appointed as Managing Director on 04 Mar 2008. Setia Forex has 4 board changes on record in total.
The registered office of Setia Forex is at Dm Market Chowk Bhagat Singh Mudki Bagha Purana, Punjab, India – 142038.
Setia Forex operates in the financial services industry, in the financial activities segment.
The compliance status of Setia Forex is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
