Vaidik Forex Private Limited
About Vaidik Forex Private Limited
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Vaidik Forex Private Limited is a private limited company based in Jodhpur, Rajasthan, India. It operates in the forex services segment of the financial services sector. It was incorporated on 28 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U67190RJ2020PTC072735. Its GSTIN is 08AAHCV8290K1ZL (Rajasthan).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Arvind Bhandari and Vikram Raj Sharma.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 27 Amar Nagar 2nd Mata Ka Than, Jodhpur, Rajasthan, India – 342304.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.61 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹56,752 (net margin 0%) and EBITDA of ₹2.6 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in February 2021. Its 5 peer companies in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Cloudvnest Forex Private Limited with revenue of ₹19.71 Cr.
Company details
Contact details
Vaidik Forex Private Limited's registered office is in Jodhpur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered Address27 Amar Nagar 2nd Mata Ka Than, Jodhpur, Rajasthan, India – 342304
- IndustryFinancial Services, Forex Services
To see the full contact details of Vaidik 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 Vaidik 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 Vaidik Forex Private Limited, buy the company report.
Financials of Vaidik Forex Private Limited
FY 2025 filings availableVaidik Forex Private Limited reported revenue of ₹19.61 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over three years, including 17% growth in the latest year. EBITDA fell 23% 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 | ₹2.6 Lakh | ||||
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| Net Profit (PAT) | ₹56,752 | ||||
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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 Vaidik Forex Private Limited, buy the company report.
Board of directors of Vaidik Forex Private Limited
Vaidik Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Bhandari | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Vikram Raj Sharma | Director | 28 Feb 2025 | 1 Years 7 Months | Current |
Peer comparison
Vaidik Forex Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Cloudvnest Forex Private Limited | ₹19.71 Cr (FY 2025) | 43.0% | Fairlands, Tamil Nadu, India | |||
| Xeopar Fintech Private Limited | ₹19.67 Cr (FY 2024) | 98.0% | Noida, Uttar Pradesh, India | |||
| CSV Tour & Travels Private Limited | ₹19.62 Cr (FY 2025) | -59.0% | Kolkata, West Bengal, India | |||
| Vaidik Forex Private Limitedthis company | ₹19.61 Cr (FY 2025) | ₹56,752 | 0% | 17.0% | Jodhpur, Rajasthan, India | |
| Hpi Forex Private Limited | ₹19.56 Cr (FY 2024) | 31.0% | Delhi, India | |||
| Supriyo Forex & Travels Private Limited | ₹19.52 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vaidik Forex Private Limited, buy the company report.
Deals & funding
Vaidik Forex Private Limited has 1 deal on record (1 rights issue); the latest was in February 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Rights issue | ₹59 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vaidik Forex Private Limited has 3 court cases on record: 3 filed by Vaidik Forex. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Court case (CRLW) | Filed by the company against Icici Bank Ltd and 4 others | Pending |
| High Court, RAJASTHAN | Court case (RSTAY) | Filed by the company against State of Rajasthan | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Union of India Through Secretary Ministry of Finance Secretary Department of Revenue No. 137 North Block, Cabinet Secretariat, Raisina Hill, New Delhi ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of Vaidik Forex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaidik Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vaidik Forex Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Vaidik Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCV8290K1ZL | Rajasthan | Active | 17 Apr 2021 |
To see the full GST registrations and return filing status of Vaidik Forex Private Limited, buy the company report.
Recent activity
Vaidik Forex Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Rekha Sharma ceased to be Director on 18 Mar 2025.
Frequently asked questions
Vaidik Forex is an active private limited company based in Jodhpur, Rajasthan, India. The company works in forex services, within the financial services industry. It was incorporated on 28 December 2020 (6+ years old) and is registered under CIN U67190RJ2020PTC072735.
Vaidik Forex has 2 current directors:
- Arvind Bhandari - Director
- Vikram Raj Sharma - Director
The latest financial statements of Vaidik Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Vaidik Forex is 08AAHCV8290K1ZL, registered in Rajasthan.
The CIN (Corporate Identification Number) of Vaidik Forex is U67190RJ2020PTC072735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaidik Forex has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the high courts.
Vaidik Forex was incorporated on 28 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
Vaidik Forex has 1 deal on record (1 rights issue); the latest was in February 2021.
The peers of Vaidik Forex by revenue are Cloudvnest Forex Private Limited, Xeopar Fintech Private Limited, CSV Tour & Travels Private Limited, Hpi Forex Private Limited, Supriyo Forex & Travels Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Rekha Sharma ceased to be Director on 18 Mar 2025. Vikram Raj Sharma was appointed as Director on 28 Feb 2025. Abhinav Dadhich ceased to be Director on 26 Oct 2024. Vaidik Forex has 4 board changes on record in total.
The registered office of Vaidik Forex is at 27 Amar Nagar 2nd Mata Ka Than, Jodhpur, Rajasthan, India – 342304.