Shaafia Forex Private Limited
About Shaafia Forex Private Limited
Data last updated:
Shaafia Forex Private Limited is a private limited company based in Diu, Daman And Diu, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 18 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U67190DD2009PTC004673.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Mahmadsarfaraz Abdula and Mahmadsajid Abdula.
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 Nr. Electric Sub – Station Main Bazar, Diu, Daman and Diu, India – 362520.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.59 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹6,700 (net margin 0.1%) and EBITDA of ₹23,021 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shaafia Forex Private Limited's registered office is in Diu, Daman And Diu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNr. Electric Sub – Station Main Bazar, Diu, Daman and Diu, India – 362520
- IndustryTrading, Retailers, Retail Trading, Other Wholesale, Wholesale
To see the full contact details of Shaafia 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 Shaafia Forex is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shaafia Forex Private Limited, buy the company report.
Financials of Shaafia Forex Private Limited
FY 2025 filings availableShaafia Forex Private Limited reported revenue of ₹57.59 Lakh (down 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 75% fall in the latest year. EBITDA fell 51% 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 | ₹23,021 | ||||
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| Net Profit (PAT) | ₹6,700 | ||||
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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 | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Shaafia Forex Private Limited, buy the company report.
Board of directors of Shaafia Forex Private Limited
Shaafia Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahmadsarfaraz Abdula | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Mahmadsajid Abdula | Director | 18 Aug 2009 | 17 Years 2 Months | Current |
| Mahmadyasif Abdula | Director | 18 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
Shaafia Forex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Topex Vinimay Private Limited | ₹57.61 Lakh (FY 2024) | -24.0% | Kolkata, West Bengal, India | |||
| Ralgan Life Sciences Private Limited | ₹57.6 Lakh (FY 2024) | -19.0% | Thane, Maharashtra, India | |||
| Mahadev Cashewnuts Private Limited | ₹57.6 Lakh (FY 2021) | -27.0% | Chatrapur, Odisha, India | |||
| Beyondinfinite.Com Semiconductor Private Limited | ₹57.59 Lakh (FY 2024) | 61.0% | New Delhi, Delhi, India | |||
| Barzan Enterprises Private Limited | ₹57.59 Lakh (FY 2024) | 19.0% | Kozhikode, Kerala, India | |||
| Shaafia Forex Private Limitedthis company | ₹57.59 Lakh (FY 2024) | ₹6,700 | 0.1% | -75.0% | Diu, Daman And Diu, India | |
| Makellos Medications Private Limited | ₹57.59 Lakh (FY 2024) | -7.0% | Noida, Uttar Pradesh, India | |||
| Redan Vetceuticals Private Limited | ₹57.59 Lakh (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Orice International Private Limited | ₹57.58 Lakh (FY 2024) | -27.0% | Chennai, Tamil Nadu, India | |||
| Nexgen Remedies Private Limited | ₹57.57 Lakh (FY 2018) | -47.0% | Patna, Bihar, India | |||
| Ariskon Pharma Private Limited | ₹57.57 Lakh (FY 2024) | 48.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shaafia Forex Private Limited, buy the company report.
Auditor
Shaafia Forex Private Limited is audited by MANEK PAREKH KHIRAIYA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANEK PAREKH KHIRAIYA AND ASSOCIATES | FY 2017 | 127201W |
Shareholding
The shareholding of Shaafia 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 Shaafia Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shaafia 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 Shaafia 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 Shaafia Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shaafia Forex Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Mahmadsarfaraz Abdula was appointed as Director on 30 Sep 2015.
Frequently asked questions
Shaafia Forex is an active private limited company based in Diu, Daman And Diu, India. The company works in retailers, within the trading industry. It was incorporated on 18 August 2009 (17+ years old) and is registered under CIN U67190DD2009PTC004673.
Shaafia Forex has 3 current directors:
- Mahmadsarfaraz Abdula - Director
- Mahmadsajid Abdula - Director
- Mahmadyasif Abdula - Director
The latest financial statements of Shaafia 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.
The CIN (Corporate Identification Number) of Shaafia Forex is U67190DD2009PTC004673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaafia Forex was incorporated on 18 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Shaafia Forex by revenue are Topex Vinimay Private Limited, Ralgan Life Sciences Private Limited, Mahadev Cashewnuts Private Limited, Beyondinfinite.Com Semiconductor Private Limited, Barzan Enterprises Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Mahmadsarfaraz Abdula was appointed as Director on 30 Sep 2015. Mahmadsajid Abdula was appointed as Director on 18 Aug 2009. Mahmadyasif Abdula was appointed as Director on 18 Aug 2009.
The registered office of Shaafia Forex is at Nr. Electric Sub – Station Main Bazar, Diu, Daman and Diu, India – 362520.
Shaafia Forex operates in the trading industry, in the retailers segment.
The compliance status of Shaafia Forex is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
Shaafia Forex can be reached at its registered office: Nr. Electric Sub – Station Main Bazar, Diu, Daman and Diu, India – 362520.