Aashirwad Forex Private Limited
About Aashirwad Forex Private Limited
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Aashirwad Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 28 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2014PTC097835. Its GSTIN is 33AAMCA9904G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Lalithkumar Mohanlal Jain and Sudarshan Chajed.
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 No.75 Vgn Complex Walltax Road, Chennai, Tamil Nadu, India – 600003.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.4 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Lakh (net margin -0.5%) and EBITDA of -₹35,194 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has 1 deal on record (1 rights issue); the latest was in December 2017. Its 4 peer companies in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Zillion Forex Private Limited with revenue of ₹5.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aashirwad Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.75 Vgn Complex Walltax Road, Chennai, Tamil Nadu, India – 600003
- IndustryFinancial Services, Forex Services
To see the full contact details of Aashirwad 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 Aashirwad 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 Aashirwad Forex Private Limited, buy the company report.
Financials of Aashirwad Forex Private Limited
FY 2025 filings availableAashirwad Forex Private Limited reported revenue of ₹5.4 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA fell 144% 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 | -₹35,194 | ||||
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| Net Profit (PAT) | -₹2.69 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 | -0.5% | ||||
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To see the full financial statements and ratios of Aashirwad Forex Private Limited, buy the company report.
Board of directors of Aashirwad Forex Private Limited
Aashirwad Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudarshan Chajed | Additional Director | 26 Aug 2022 | 4 Years 2 Months | Current |
| Lalithkumar Mohanlal Jain | Director | 28 Oct 2014 | 11 Years 11 Months | Current |
Peer comparison
Aashirwad 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 (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zillion Forex Private Limited | ₹5.5 Cr (FY 2025) | -15.0% | Sayadpura Surat, Gujarat, India | |||
| Patna Forex and Travel Service Private Limited | ₹5.43 Cr (FY 2025) | 1898.0% | Patna, Bihar, India | |||
| Aashirwad Forex Private Limitedthis company | ₹5.4 Cr (FY 2025) | -₹2.69 Lakh | -0.5% | 8.0% | Chennai, Tamil Nadu, India | |
| Sneha Forex Private Limited | ₹5.32 Cr (FY 2024) | 30.0% | Durgapur, West Bengal, India | |||
| D V Forex Private Limited | ₹5.26 Cr (FY 2025) | -29.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aashirwad Forex Private Limited, buy the company report.
Auditor
Aashirwad Forex Private Limited is audited by CA Narendra Kumar Jain for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA Narendra Kumar Jain | FY 2017 | 207972 |
Shareholding
The shareholding of Aashirwad Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aashirwad Forex Private Limited, buy the company report.
Deals & funding
Aashirwad Forex Private Limited has 1 deal on record (1 rights issue); the latest was in December 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Rights issue | ₹25 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aashirwad 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 Aashirwad Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aashirwad Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCA9904G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aashirwad Forex Private Limited, buy the company report.
Recent activity
Aashirwad Forex Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Aashish Kumar Baid ceased to be Director on 26 Aug 2022.
Frequently asked questions
Aashirwad Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 28 October 2014 (12+ years old) and is registered under CIN U74900TN2014PTC097835.
Aashirwad Forex has 2 current directors:
- Sudarshan Chajed - Additional Director
- Lalithkumar Mohanlal Jain - Director
The latest financial statements of Aashirwad 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 Aashirwad Forex is 33AAMCA9904G1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aashirwad Forex is U74900TN2014PTC097835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aashirwad Forex was incorporated on 28 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Aashirwad Forex has 1 deal on record (1 rights issue); the latest was in December 2017.
The peers of Aashirwad Forex by revenue are Zillion Forex Private Limited, Patna Forex and Travel Service Private Limited, Sneha Forex Private Limited, D V Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Aashish Kumar Baid ceased to be Director on 26 Aug 2022. Sudarshan Chajed was appointed as Additional Director on 26 Aug 2022. Lalithkumar Mohanlal Jain was appointed as Director on 28 Oct 2014.
The registered office of Aashirwad Forex is at No.75 Vgn Complex Walltax Road, Chennai, Tamil Nadu, India – 600003.
Aashirwad Forex operates in the financial services industry, in the forex services segment.