Akar Forex Private Limited
About Akar Forex Private Limited
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Akar 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 19 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2019PTC322795.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Zaid Iqbal Kazi and Safi Siraj Sayyad.
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 Mumbai, Maharashtra.
Company details
Contact details
Akar Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No.3 Ground Floor Kishor Kunj Chs, Opp Simran Building End Of Tejpal Scheme Road No.4 Andheri East, Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Forex Services
To see the full contact details of Akar 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
Financials of Akar Forex Private Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Akar Forex Private Limited, buy the company report.
Board of directors of Akar Forex Private Limited
Akar Forex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zaid Iqbal Kazi | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Safi Siraj Sayyad Also directs: Anvist Tours and Travels Private Limited, Chgo Haj Organisors Foundation, Mubarak Chgo Synergy Forum and 5 more | Director | 11 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Akar Forex Private Limited is audited by KAZI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAZI & ASSOCIATES | FY 2021 | 125708W |
Shareholding
The shareholding of Akar Forex Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Akar Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akar 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 Akar Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akar Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akar Forex Private Limited has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Ismail Haroon Ghojariya ceased to be Director on 11 Sep 2024.
Frequently asked questions
Akar 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 19 March 2019 (7+ years old) and is registered under CIN U65999MH2019PTC322795.
Akar Forex has 2 current directors:
- Zaid Iqbal Kazi - Director
- Safi Siraj Sayyad - Director
The latest financial statements of Akar 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 FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Akar Forex is U65999MH2019PTC322795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akar Forex was incorporated on 19 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Ismail Haroon Ghojariya ceased to be Director on 11 Sep 2024. Safi Siraj Sayyad was appointed as Director on 11 Sep 2024. Raheem Shakoor Sayyed ceased to be Director Appointed In Casual Vacancy on 12 Dec 2023. Akar Forex has 7 board changes on record in total.
The registered office of Akar Forex is at Office No.3 Ground Floor Kishor Kunj Chs, Opp Simran Building End Of Tejpal Scheme Road No.4 Andheri East, Mumbai, Maharashtra, India – 400057.
Akar Forex operates in the financial services industry, in the forex services segment.
Akar Forex can be reached at its registered office: Office No.3 Ground Floor Kishor Kunj Chs, Opp Simran Building End Of Tejpal Scheme Road No.4 Andheri East, Mumbai, Maharashtra, India – 400057.
Akar Forex is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.