Swap Forex Services India Private Limited
About Swap Forex Services India Private Limited
Data last updated:
Swap Forex Services India Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the forex services segment of the financial services sector. It was incorporated on 15 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74900KL2014PTC037675. Its GSTIN is 32AAVCS2357N1ZP (Kerala).
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹52 Lakh. It is led by directors Gheevarmani Panakkal (Managing Director) and Anu Hanna Abe.
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 Door No. 50/954 First Floor Near Edapally Post Office, Kochi, Kerala, India – 682024.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.59 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹19,048 (net margin 0.5%) and EBITDA of ₹38,573 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 33% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swap Forex Services India Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. 50/954 First Floor Near Edapally Post Office, Kochi, Kerala, India – 682024
- IndustryFinancial Services, Forex Services
To see the full contact details of Swap Forex Services India 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 activities of Swap Forex Services India are financial and insurance service and support service to organizations. In detail, this covers other financial activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Swap Forex Services India Private Limited, buy the company report.
Financials of Swap Forex Services India Private Limited
FY 2025 filings availableSwap Forex Services India Private Limited reported revenue of ₹36.59 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 26% fall in the latest year. EBITDA fell 48% 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 | ₹38,573 | ||||
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| Net Profit (PAT) | ₹19,048 | ||||
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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 | 1.1% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Swap Forex Services India Private Limited, buy the company report.
Board of directors of Swap Forex Services India Private Limited
Swap Forex Services India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gheevarmani Panakkal | Managing Director | 15 Dec 2014 | 11 Years 10 Months | Current |
| Anu Hanna Abe | Director | 23 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Swap Forex Services India Private Limited is audited by PAUL AND JOSEPH for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAUL AND JOSEPH | FY 2019 | 014763S |
Shareholding
The shareholding of Swap Forex Services India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Swap Forex Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swap Forex Services India 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 Swap Forex Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swap Forex Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAVCS2357N1ZP | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swap Forex Services India Private Limited, buy the company report.
Recent activity
Swap Forex Services India Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Mini S Kumar ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Swap Forex Services India is an active private limited company based in Kochi, Kerala, India. The company works in forex services, within the financial services industry. It was incorporated on 15 December 2014 (12+ years old) and is registered under CIN U74900KL2014PTC037675.
Swap Forex Services India has 2 current directors:
- Gheevarmani Panakkal - Managing Director
- Anu Hanna Abe - Director
The latest financial statements of Swap Forex Services India 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 Swap Forex Services India is 32AAVCS2357N1ZP, registered in Kerala.
The CIN (Corporate Identification Number) of Swap Forex Services India is U74900KL2014PTC037675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swap Forex Services India was incorporated on 15 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
Mini S Kumar ceased to be Additional Director on 29 Sep 2024. Mani Panakkal Iyypu ceased to be Director on 06 Dec 2019. Anu Hanna Abe ceased to be Additional Director on 30 Sep 2016. Swap Forex Services India has 5 board changes on record in total.
The registered office of Swap Forex Services India is at Door No. 50954 First Floor Near Edapally Post Office, Kochi, Kerala, India – 682024.
Swap Forex Services India operates in the financial services industry, in the forex services segment.
The compliance status of Swap Forex Services India is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.
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