Variety Forex Private Limited
About Variety Forex Private Limited
Data last updated:
Variety Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 26 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC186212. Its GSTIN is 27AACCV8312M1ZZ (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.5 Lakh. It is led by directors Vinodkumar Babulal Chajed and Sonal Vinod Chhajed.
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 135 Bazar Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.79 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹22,212 (net margin 0%) and EBITDA of ₹36,963 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Variety Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address135 Bazar Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Forex Services
To see the full contact details of Variety 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 Variety 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 Variety Forex Private Limited, buy the company report.
Financials of Variety Forex Private Limited
FY 2025 filings availableVariety Forex Private Limited reported revenue of ₹4.79 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 16% fall in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36,963 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22,212 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Variety Forex Private Limited, buy the company report.
Board of directors of Variety Forex Private Limited
Variety 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 |
|---|---|---|---|---|
| Vinodkumar Babulal Chajed | Director | 26 Aug 2008 | 18 Years 2 Months | Current |
| Sonal Vinod Chhajed | Director | 26 May 2016 | 10 Years 5 Months | Current |
Auditor
Variety Forex Private Limited is audited by Nimesh B. Parekh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nimesh B. Parekh & Co. | FY 2023 | 137504W |
Shareholding
The shareholding of Variety 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 Variety Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Variety 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 Variety Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Variety Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV8312M1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Variety Forex Private Limited, buy the company report.
Recent activity
Variety Forex Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Sonal Vinod Chhajed ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Variety Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 26 August 2008 (18+ years old) and is registered under CIN U74999MH2008PTC186212.
Variety Forex has 2 current directors:
- Vinodkumar Babulal Chajed - Director
- Sonal Vinod Chhajed - Director
The latest financial statements of Variety 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 Variety Forex is 27AACCV8312M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Variety Forex is U74999MH2008PTC186212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variety Forex was incorporated on 26 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Sonal Vinod Chhajed ceased to be Additional Director on 30 Sep 2016. Mahavir Lalchand Jain ceased to be Director on 26 May 2016. Sonal Vinod Chhajed was appointed as Director on 26 May 2016. Variety Forex has 4 board changes on record in total.
The registered office of Variety Forex is at 135 Bazar Road Bandra West, Mumbai, Maharashtra, India – 400050.
Variety Forex operates in the financial services industry, in the forex services segment.
The compliance status of Variety Forex is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
