Wadhawan Forex Private Limited
About Wadhawan Forex Private Limited
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Wadhawan Forex Private Limited is a private limited company based in Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 20 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67190PB1998PTC021195. Its GSTIN is 03AAACW1394G1ZJ (Punjab).
The company has an authorised share capital of ₹33 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors including Sukhraj Singh (Managing Director) and Oceandeep Kaur (Whole-Time Director).
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 Old Post Office Roadphagwara Kapurthala, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42,033 (net margin 0%) and EBITDA of ₹56,883 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 29% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wadhawan Forex Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld Post Office Roadphagwara Kapurthala, Punjab, India
- IndustryFinancial Services, Forex Services
To see the full contact details of Wadhawan 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 Wadhawan 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 Wadhawan Forex Private Limited, buy the company report.
Financials of Wadhawan Forex Private Limited
FY 2025 filings availableWadhawan Forex Private Limited reported revenue of ₹12.02 Cr (up 225% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 225% growth in the latest year. EBITDA rose 444% 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 | ₹56,883 | ||||
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| Net Profit (PAT) | ₹42,033 | ||||
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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 | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Wadhawan Forex Private Limited, buy the company report.
Board of directors of Wadhawan Forex Private Limited
Wadhawan Forex has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manmohan Kaur | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
| Oceandeep Kaur | Whole-Time Director | 25 Feb 2016 | 10 Years 8 Months | Current |
| Sukhraj Singh | Managing Director | 20 Mar 1998 | 28 Years 7 Months | Current |
| Beer Bahadur Singh | Director | 20 Mar 1998 | 28 Years 7 Months | Current |
Peer comparison
Wadhawan 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 |
|---|---|---|---|---|---|---|
| Shimmba Forex & Travels Private Limited | ₹12.11 Cr (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Chambal Forex Private Limited | ₹12.08 Cr (FY 2025) | -12.0% | Madurai, Tamil Nadu, India | |||
| Pankhuri Enterprises Private Limited | ₹12.03 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Wadhawan Forex Private Limitedthis company | ₹12.02 Cr (FY 2025) | ₹42,033 | 0% | 225.0% | Punjab, India | |
| Ratnamani Forex Private Limited | ₹11.94 Cr (FY 2024) | 311.0% | Mumbai, Maharashtra, India | |||
| Beri Forex Consultants Private Limited | ₹11.89 Cr (FY 2025) | -33.0% | Pathankot, Punjab, India |
To see the full peer comparison of Wadhawan Forex Private Limited, buy the company report.
Auditor
Wadhawan Forex Private Limited is audited by RAVINDERKUMARGULATI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDERKUMARGULATI | FY 2023 | 088935 |
Shareholding
The shareholding of Wadhawan 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 Wadhawan Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wadhawan 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 Wadhawan Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wadhawan Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACW1394G1ZJ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wadhawan Forex Private Limited, buy the company report.
Recent activity
Wadhawan Forex Private Limited has 8 board changes on record since 1998: 4 appointments and 4 cessations. The latest: Jagjyot Wadhawan Singh ceased to be Director on 18 Aug 2017.
Frequently asked questions
Wadhawan Forex is an active private limited company based in Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 20 March 1998 (28+ years old) and is registered under CIN U67190PB1998PTC021195.
Wadhawan Forex has 4 current directors:
- Sukhraj Singh - Managing Director
- Oceandeep Kaur - Whole-Time Director
- Manmohan Kaur - Director
- Beer Bahadur Singh - Director
The latest financial statements of Wadhawan 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 Wadhawan Forex is 03AAACW1394G1ZJ, registered in Punjab.
The CIN (Corporate Identification Number) of Wadhawan Forex is U67190PB1998PTC021195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wadhawan Forex was incorporated on 20 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Wadhawan Forex by revenue are Shimmba Forex & Travels Private Limited, Chambal Forex Private Limited, Pankhuri Enterprises Private Limited, Ratnamani Forex Private Limited, Beri Forex Consultants Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Jagjyot Wadhawan Singh ceased to be Director on 18 Aug 2017. Sushma Devi ceased to be Director on 18 Aug 2017. Oceandeep Kaur was appointed as Whole-Time Director on 25 Feb 2016. Wadhawan Forex has 8 board changes on record in total.
The registered office of Wadhawan Forex is at Old Post Office Roadphagwara Kapurthala, Punjab, India.
Wadhawan Forex operates in the financial services industry, in the forex services segment.
The compliance status of Wadhawan Forex is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
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