About Ambay Forex Private Limited
Data last updated:
Ambay 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 03 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67190PB2004PTC027349. The company has 10 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.93 Cr. It is led by directors Bharat Gauba (Managing Director) and Avantika.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Geeta Bhawan Roadgurdaspur, Punjab, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹68.58 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Lakh (net margin 0%) and EBITDA of ₹6.57 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹4 Lakh on record. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ambay-forex-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressGeeta Bhawan Roadgurdaspur, Punjab, India
- IndustryFinancial Services, Forex Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ambay Forex Private Limited
The main business activity of Ambay Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ambay Forex Private Limited FY 2020 filings available
Ambay Forex Private Limited reported revenue of ₹68.58 Cr (down 68% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Ambay Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 68% fall in the latest year. EBITDA fell 30% 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 of Ambay Forex Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹68.58 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.79 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ambay Forex Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ambay Forex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ambay Forex Private Limited
Ambay Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chirayu Forex Private Limited | ₹71.01 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Nishtha Forex Private Limited | ₹70.29 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Lucknow, Uttar Pradesh, India |
| Executive Forex Private Limited | ₹69.68 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Vibrant Forex Private Limited | ₹68.75 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Indexes Forex Private Limited | ₹68.7 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Ambay Forex Private Limited this company | ₹68.58 Cr (FY 2020) | •••• | •••• | -68.0% | •••• | Punjab, India |
| ZMS Forex and Tours Private Limited | ₹67.1 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Fxworld Forex and Travel Services Private Limited | ₹65.65 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Kozhikode, Kerala, India |
| Alfaaz Mercado Forex Private Limited | ₹65.45 Cr (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Navjot Forex Services Private Limited | ₹64.2 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Karnal, Haryana, India |
| LKN Forex Private Limited | ₹63.89 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ambay Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ambay Forex Private Limited
Ambay Forex Private Limited is audited by ANIL DOGRA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL DOGRA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ambay Forex Private Limited
Ambay Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avantika | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Bharat Gauba | Managing Director | 03 Aug 2004 | 22 Years 2 Months | Current |
Ownership and Shareholding of Ambay Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ambay Forex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2011 | Punjab & Sind Bank | ₹15 Lakh | Open |
| 14 Nov 2011 | Canara Bank | ₹4 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ambay Forex Private Limited
Ambay Forex Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sawai Madhopur, Rajasthan | Civil suit | Company is another party | Pending |
| District court, Malerkotla, Punjab | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Ambay Forex Private Limited
Employment history and EPFO contributions of people linked to Ambay Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ambay Forex Private Limited
Ambay Forex Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Mamta Gauba ceased to be Director on 15 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Ambay Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ambay Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ambay Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ambay Forex Private Limited
Ambay Forex has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ambay Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ambay Forex Private Limited
Ambay 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 03 August 2004 (22+ years old) and is registered under CIN U67190PB2004PTC027349.
Ambay Forex reported revenue of ₹68.58 Cr for FY 2020 (down 68% YoY).
Ambay Forex has 2 current directors:
- Bharat Gauba - Managing Director
- Avantika - Director
Ambay Forex reported a net profit of ₹2.79 Lakh (net margin 0%) and EBITDA of ₹6.57 Lakh (EBITDA margin 0.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ambay Forex is -32% over three years and -27% over five years. In the latest year (FY 2020) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
No. Ambay Forex has 10 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ambay Forex is U67190PB2004PTC027349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ambay Forex has 2 court cases on record: 1 filed against it. 1 is pending.
Ambay Forex was incorporated on 03 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ambay Forex by revenue are Chirayu Forex Private Limited, Nishtha Forex Private Limited, Executive Forex Private Limited, Vibrant Forex Private Limited, Indexes Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Mamta Gauba ceased to be Director on 15 Jun 2017. Avantika ceased to be Additional Director on 30 Sep 2016. Avantika was appointed as Director on 01 Jun 2016. Ambay Forex has 4 board changes on record in total.