About Solidus Forex Limited
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Solidus Forex Limited is a public limited company based in Guwahati, Assam, India. It operates in the forex services segment of the financial services sector. It was incorporated on 04 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U74900AS2012PLC011288. Its GSTIN is 18AASCS1297C1Z0 (Assam). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Supriyo Mitra (Whole-Time Director) and Dibyendu Ghosh.
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 Arabinda Path Udaypur Birubari, Guwahati, Assam, India – 781016.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.02 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹12.03 Lakh (net margin -30.1%) and EBITDA of -₹11.74 Lakh (EBITDA margin -29.3%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 1% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solidusforex.in.
Company details
Contact details
Solidus Forex Limited's registered office is in Guwahati, Assam. Its website is solidusforex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressArabinda Path Udaypur Birubari, Guwahati, Assam, India – 781016
- IndustryFinancial Services, Forex Services
To see the full contact details of Solidus Forex 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 Solidus 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 Solidus Forex Limited, buy the company report.
Financials of Solidus Forex Limited
FY 2025 filings availableSolidus Forex Limited reported revenue of ₹40.02 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 47% fall in the latest year. EBITDA fell 263% 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 | -₹11.74 Lakh | ||||
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| Net Profit (PAT) | -₹12.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -29.3% | ||||
| Net Profit Margin | -30.1% | ||||
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To see the full financial statements and ratios of Solidus Forex Limited, buy the company report.
Board of directors of Solidus Forex Limited
Solidus Forex has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supriyo Mitra | Whole-Time Director | 17 Jul 2013 | 13 Years 3 Months | Current |
| Dibyendu Ghosh | Director | 04 Oct 2012 | 14 Years 0 Months | Current |
| Sajal Basu | Additional Director | 31 Dec 2025 | 0 Years 9 Months | Current |
Peer comparison
Solidus Forex Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sethi's Moneychangers Private Limited | ₹41.15 Lakh (FY 2018) | 2.0% | Delhi, India | |||
| Mary Forex Limited | ₹40.58 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Gutzo Money Foreign Exchange Private Limited | ₹40.07 Lakh (FY 2020) | Ernakulam, Kerala, India | ||||
| Solidus Forex Limitedthis company | ₹40.02 Lakh (FY 2025) | -₹12.03 Lakh | -30.1% | -47.0% | 5 | Guwahati, Assam, India |
| Yes World Forex Private Limited | ₹39.82 Lakh (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| NL Forex Private Limited | ₹39.48 Lakh (FY 2021) | -98.0% | Mumbai, Maharashtra, India | |||
| Ekant Forex Services Private Limited | ₹38.62 Lakh (FY 2025) | -22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Solidus Forex Limited, buy the company report.
Auditor
Solidus Forex Limited is audited by SANJAY KABRA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY KABRA & CO | FY 2018 | 325048E |
Shareholding
The shareholding of Solidus Forex Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Solidus Forex Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solidus Forex 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 Solidus Forex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solidus Forex Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Solidus Forex has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AASCS1297C1Z0 | Assam | Active | 01 Jul 2017 |
| 13AASCS1297C1ZA | Nagaland | Active | 28 Jul 2017 |
| 14AASCS1297C2Z7 | Manipur | Active | 23 Feb 2021 |
| 12AASCS1297C2ZB | Arunachal Pradesh | Active | 25 Feb 2021 |
To see the full GST registrations and return filing status of Solidus Forex Limited, buy the company report.
Recent activity
Solidus Forex Limited has 8 board changes on record since 2012: 4 appointments and 4 cessations. The latest: Sajal Basu was appointed as Additional Director on 31 Dec 2025.
Frequently asked questions
Solidus Forex is an active public limited company based in Guwahati, Assam, India. The company works in forex services, within the financial services industry. It was incorporated on 04 October 2012 (14+ years old) and is registered under CIN U74900AS2012PLC011288.
Solidus Forex has 3 current directors:
- Supriyo Mitra - Whole-Time Director
- Dibyendu Ghosh - Director
- Sajal Basu - Additional Director
The latest financial statements of Solidus 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 GSTIN of Solidus Forex is 18AASCS1297C1Z0, registered in Assam. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 13AASCS1297C1ZA (Nagaland), 14AASCS1297C2Z7 (Manipur), 12AASCS1297C2ZB (Arunachal Pradesh).
The CIN (Corporate Identification Number) of Solidus Forex is U74900AS2012PLC011288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solidus Forex was incorporated on 04 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Solidus Forex by revenue are Sethi's Moneychangers Private Limited, Mary Forex Limited, Gutzo Money Foreign Exchange Private Limited, Yes World Forex Private Limited, NL Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Sajal Basu was appointed as Additional Director on 31 Dec 2025. Himadri H Baruah was appointed as Additional Director on 22 Apr 2025. Saradindu Bhattacharyya ceased to be Director on 13 Jul 2017. Solidus Forex has 8 board changes on record in total.
Solidus Forex can be reached through the website solidusforex.in. Its registered office is in Guwahati, Assam, India.
The registered office of Solidus Forex is at Arabinda Path Udaypur Birubari, Guwahati, Assam, India – 781016.
Solidus Forex operates in the financial services industry, in the forex services segment.