About Akd Forex Private Limited
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Akd Forex Private Limited is a private limited company based in Jogeshwari West, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 31 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2019PTC320482. Its GSTIN is 27AARCA8706D1ZI (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ismail Haroon Ghojariya and Sufiyan Ilyas Kazi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Jogeshwari West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.19 Lakh (net margin 0.2%) and EBITDA of ₹6.46 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 922% over three years and 465% over five years.
For more details, the company can be reached via its website akdforex.in.
Company details
Contact details
Akd Forex Private Limited's registered office is in Jogeshwari West, Maharashtra. Its website is akdforex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 2 Ground Floor Bmc Market, Captain Sawant Marg Agarwal Estate, Jogeshwari West, Maharashtra, India – 400102
- IndustryFinancial Services, Forex Services
To see the full contact details of Akd 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 Akd 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 Akd Forex Private Limited, buy the company report.
Financials of Akd Forex Private Limited
FY 2024 filings availableAkd Forex Private Limited reported revenue of ₹24.86 Cr (up 1188% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 465% over five years. EBITDA rose 960% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.46 Lakh | ||||
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| Net Profit (PAT) | ₹4.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Akd Forex Private Limited, buy the company report.
Board of directors of Akd Forex Private Limited
Akd 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 |
|---|---|---|---|---|
| Ismail Haroon Ghojariya | Director | 12 Sep 2024 | 2 Years 1 Months | Current |
| Sufiyan Ilyas Kazi | Director | 31 Jan 2019 | 7 Years 8 Months | Current |
Auditor
Akd Forex Private Limited is audited by ASADULLAHABDUL RAHIMSELIYA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASADULLAHABDUL RAHIMSELIYA | FY 2023 | 183663 |
Shareholding
The shareholding of Akd 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 Akd Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akd 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 Akd Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akd Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA8706D1ZI | Maharashtra | Active | 04 Mar 2020 |
To see the full GST registrations and return filing status of Akd Forex Private Limited, buy the company report.
Recent activity
Akd Forex Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Ashish Kumar Shyam Sunder Dubey ceased to be Director on 27 Mar 2025.
Frequently asked questions
Akd Forex is an active private limited company based in Jogeshwari West, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 31 January 2019 (7+ years old) and is registered under CIN U65999MH2019PTC320482.
Akd Forex has 2 current directors:
- Ismail Haroon Ghojariya - Director
- Sufiyan Ilyas Kazi - Director
The latest financial statements of Akd Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Akd Forex is 27AARCA8706D1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akd Forex is U65999MH2019PTC320482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akd Forex was incorporated on 31 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Kumar Shyam Sunder Dubey ceased to be Director on 27 Mar 2025. Ismail Haroon Ghojariya was appointed as Director on 12 Sep 2024. Sufiyan Ilyas Kazi was appointed as Director on 31 Jan 2019.
Akd Forex can be reached through the website akdforex.in. Its registered office is in Jogeshwari West, Maharashtra, India.
The registered office of Akd Forex is at Shop No. 2 Ground Floor Bmc Market, Captain Sawant Marg Agarwal Estate, Jogeshwari West, Maharashtra, India – 400102.
Akd Forex operates in the financial services industry, in the forex services segment.