Akshar Forex Private Limited
About Akshar Forex Private Limited
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Akshar Forex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2010PTC060879. Its GSTIN is 24AAOCS3502N1Z4 (Gujarat).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It was formerly known as Day to Day Forex Private Limited and Swagat Commodities Private Limited. It is led by directors Piyush Manharlal Chauhan and Kusum Manharlal Chauhan.
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 Shrijinivasstreetno5 Jagnath, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.11 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net profit of ₹35,674 (net margin 0.1%) and EBITDA of ₹35,674 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 372% over three years and 228% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Akshar Forex has undergone 3 name changes throughout its history. The company was previously known as Day To Day Forex Private Limited, Swagat Commodities Private Limited, and Dalsi Forex Private Limited. The current legal name is Akshar Forex Private Limited.
| Company Name | Status |
|---|---|
| Akshar Forex Private Limited | Current |
| Day To Day Forex Private Limited | Previous |
| Swagat Commodities Private Limited | Previous |
| Dalsi Forex Private Limited | Previous |
CIN history
Akshar Forex has one previous CIN (Corporate Identification Number): U51109GJ2010PTC060879. The current CIN is U67100GJ2010PTC060879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100GJ2010PTC060879 | Current |
| U51109GJ2010PTC060879 | Previous |
Contact details
Akshar Forex Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShrijinivasstreetno5 Jagnath, Rajkot, Gujarat, India – 360002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Akshar 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 Akshar 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 Akshar Forex Private Limited, buy the company report.
Financials of Akshar Forex Private Limited
FY 2025 filings availableAkshar Forex Private Limited reported revenue of ₹4.11 Cr (up 122% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 228% over five years, including 122% growth in the latest year. EBITDA rose 110% 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 | ₹35,674 | ||||
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| Net Profit (PAT) | ₹35,674 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Akshar Forex Private Limited, buy the company report.
Board of directors of Akshar Forex Private Limited
Akshar Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Manharlal Chauhan | Director | 01 May 2016 | 10 Years 5 Months | Current |
| Kusum Manharlal Chauhan | Director | 01 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Akshar Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Newyear Kuries Private Limited | ₹4.12 Cr (FY 2024) | -12.0% | Kechery, Kerala, India | |||
| Inter-Active Technologies Private Limited | ₹4.12 Cr (FY 2025) | -66.0% | Ahmedabad, Gujarat, India | |||
| Chandi Precise Tubes Limited | ₹4.12 Cr (FY 2025) | -8.0% | Chandigarh, India | |||
| Home Plus Finance Private Limited | ₹4.11 Cr (FY 2025) | 27.0% | Madurai, Tamil Nadu, India | |||
| Sivamurugan Chit Funds Private Limited | ₹4.11 Cr (FY 2024) | 4.0% | Chidambaranar, Tamil Nadu, India | |||
| Akshar Forex Private Limitedthis company | ₹4.11 Cr (FY 2024) | ₹35,674 | 0.1% | 122.0% | Rajkot, Gujarat, India | |
| Harmony Insurance Broking Private Limited | ₹4.11 Cr (FY 2024) | 13.0% | Mumbai, Maharashtra, India | |||
| Paramount Fintrade Pvt.Ltd. | ₹4.11 Cr (FY 2019) | -100.0% | Odisha, India | |||
| Dadra Andn.Haveli Daman Anddiu Sc\St Obc Andmin.Fin Anddev.Corpn. Ltd | ₹4.11 Cr (FY 2025) | 11.0% | Dadra and Nagar Haveli, India | |||
| Vanpool Consulting and Advisory Private Limited | ₹4.11 Cr (FY 2019) | 318.0% | Mumbai, Maharashtra, India | |||
| Image Insurance Brokers Private Limited | ₹4.11 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Akshar Forex Private Limited, buy the company report.
Auditor
Akshar Forex Private Limited is audited by P. H. PATEL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. H. PATEL & ASSOCIATES | FY 2017 | 119023 |
Shareholding
The shareholding of Akshar 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 Akshar Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshar 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 Akshar Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshar Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS3502N1Z4 | Gujarat | Active | 27 May 2019 |
To see the full GST registrations and return filing status of Akshar Forex Private Limited, buy the company report.
Recent activity
Akshar Forex Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Brijeshkumar Shantilal Kalola ceased to be Director on 03 May 2016.
Frequently asked questions
Akshar Forex is an active private limited company based in Rajkot, Gujarat, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 May 2010 (16+ years old) and is registered under CIN U67100GJ2010PTC060879.
Akshar Forex has 2 current directors:
- Piyush Manharlal Chauhan - Director
- Kusum Manharlal Chauhan - Director
The latest financial statements of Akshar 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 Akshar Forex is 24AAOCS3502N1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Akshar Forex is U67100GJ2010PTC060879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Forex was incorporated on 24 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akshar Forex by revenue are Newyear Kuries Private Limited, Inter-Active Technologies Private Limited, Chandi Precise Tubes Limited, Home Plus Finance Private Limited, Sivamurugan Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Brijeshkumar Shantilal Kalola ceased to be Director on 03 May 2016. Shantilal Thakarshibhai Kalola ceased to be Director on 03 May 2016. Kusum Manharlal Chauhan was appointed as Director on 01 May 2016. Akshar Forex has 6 board changes on record in total.
The registered office of Akshar Forex is at Shrijinivasstreetno5 Jagnath, Rajkot, Gujarat, India – 360002.
Akshar Forex operates in the financial services industry, in the financial activities segment.
The compliance status of Akshar Forex is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.