About Tulip Forex Private Limited
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Tulip Forex Private Limited is a private limited company based in Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 30 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2005PTC138171. Its GSTIN is 07AACCT2644Q1ZW (Delhi).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Dushant Girdhar and Naresh Kumar.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 3/72 Sector 7 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.18 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 0%) and EBITDA of ₹3.67 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 99% 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 tulip-forex-pvt-ltd.business.site.
Company details
Contact details
Tulip Forex Private Limited's registered office is in Delhi, Delhi. Its website is tulip-forex-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 3/72 Sector 7 Rohini, Delhi, India – 110085
- IndustryFinancial Services, Forex Services
To see the full contact details of Tulip 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 Tulip Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Tulip Forex Private Limited, buy the company report.
Financials of Tulip Forex Private Limited
FY 2025 filings availableTulip Forex Private Limited reported revenue of ₹38.18 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 12% 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 | ₹3.67 Lakh | ||||
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| Net Profit (PAT) | ₹1.41 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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| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Tulip Forex Private Limited, buy the company report.
Board of directors of Tulip Forex Private Limited
Tulip Forex 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 |
|---|---|---|---|---|
| Dushant Girdhar | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Naresh Kumar | Director | 30 Jun 2005 | 21 Years 3 Months | Current |
Peer comparison
Tulip Forex Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lilaram Forex and Travels Private Limited | ₹39.54 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| BPTS Forex India Private Limited | ₹38.65 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Sonamani Forex & Tourism Private Limited | ₹38.42 Cr (FY 2025) | -21.0% | Bishnupur, West Bengal, India | |||
| Tulip Forex Private Limitedthis company | ₹38.18 Cr (FY 2025) | ₹1.41 Lakh | 0% | 20.0% | Delhi, India | |
| FMC Holidays and Travel Services Private Limited | ₹38.11 Cr (FY 2025) | Kozhikode, Kerala, India |
To see the full peer comparison of Tulip Forex Private Limited, buy the company report.
Auditor
Tulip Forex Private Limited is audited by RAJESH KRISHNA KHANNA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KRISHNA KHANNA & ASSOCIATES | FY 2023 | 07694N |
Shareholding
The shareholding of Tulip Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tulip Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tulip 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 Tulip Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tulip Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCT2644Q1ZW | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tulip Forex Private Limited, buy the company report.
Recent activity
Tulip Forex Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Dushant Girdhar ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Tulip Forex is an active private limited company based in Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 30 June 2005 (21+ years old) and is registered under CIN U67190DL2005PTC138171.
Tulip Forex has 2 current directors:
- Dushant Girdhar - Director
- Naresh Kumar - Director
The latest financial statements of Tulip Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tulip Forex is 07AACCT2644Q1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of Tulip Forex is U67190DL2005PTC138171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tulip Forex was incorporated on 30 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Tulip Forex by revenue are Lilaram Forex and Travels Private Limited, BPTS Forex India Private Limited, Sonamani Forex & Tourism Private Limited, FMC Holidays and Travel Services Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Dushant Girdhar ceased to be Additional Director on 30 Sep 2019. Hema ceased to be Director on 27 Mar 2019. Dushant Girdhar was appointed as Director on 25 Mar 2019. Tulip Forex has 5 board changes on record in total.
Tulip Forex can be reached through the website tulip-forex-pvt-ltd.business.site. Its registered office is in Delhi, India.
The registered office of Tulip Forex is at A – 372 Sector 7 Rohini, Delhi, India – 110085.
Tulip Forex operates in the financial services industry, in the forex services segment.