MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0019028
Aov Forex Private Limited - financial services in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹134.96 Cr
▼ 2% YoY
Net profit · FY 2025
₹63.72 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 0.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.15 Cr
Issued & subscribed
Open charges
₹275.75 Cr
Satisfied ₹9.8 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
16
Provident fund records
About Aov Forex Private Limited
Data last updated:
Aov Forex Private Limited is a private limited company based in Delhi, India, a subsidiary of A O V Exports Private Limited. It operates in the forex services segment of the financial services sector. It was incorporated on 13 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC061457. Its GSTIN is 06AABCA0697F1ZW (Haryana). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.15 Cr. It is led by directors including Om Prakash Arora and Rahul Sikka.
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 136 – A Pocket – 12 Jasola, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.96 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹63.72 Lakh (net margin 0.5%) and EBITDA of ₹1.07 Cr (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 6% over five years.
The company has about 16 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: AOV Forex. As per MCA filings, the company has open charges of ₹275.75 Cr and satisfied charges of ₹9.8 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 2 cases are pending. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in August 2020.
Aov Forex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0019028). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aovforex.com.
Company details
CIN U74899DL1994PTC061457
Registration Number 061457
Incorporation Date 13 September 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company A O V Exports Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0019028
Recognitions & Rankings of Aov Forex
Contact details
Aov Forex Private Limited's registered office is in Delhi, Delhi. Its website is aovforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address136 – A Pocket – 12 Jasola, Delhi, India – 110024
- IndustryFinancial Services, Forex Services
To see the full contact details of Aov Forex Private Limited, buy the company report.
Comprehensive company report
Aov Forex Private Limited - one report that includes everything
- 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
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Brands
Aov Forex operates one associated brand: AOV Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign exchange and travel card services in India. | aovforex.com |
Business activity
The main business activity of Aov Forex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aov Forex Private Limited, buy the company report.
Financials of Aov Forex Private Limited
FY 2024 filings availableAov Forex Private Limited reported revenue of ₹134.96 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹134.96 Cr ▼ 2%
Net profit · FY 2025
₹63.72 Lakh margin 0.5%
EBITDA · FY 2025
₹1.07 Cr margin 0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 58%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 106%
5 years · compounded
▼ 7%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 2% fall in the latest year. EBITDA rose 106% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aov Forex Private Limited, buy the company report.
Board of directors of Aov Forex Private Limited
Aov Forex has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Arora | Director | 15 Oct 1997 | 29 Years 0 Months | Current |
| Rahul Sikka Also directs: GG Exim Private Limited | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Abhishek Arora | Director | 15 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Aov Forex Private Limited is audited by VARUN VISHWAKARMA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARUN VISHWAKARMA & CO. | FY 2023 | 024995C |
Shareholding
The shareholding of Aov 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 Aov Forex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹275.75 Cr
Satisfied charges
₹9.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 100996629 | Hdfc Bank Limited | ₹5.25 Cr | Open | |
| 12 Mar 2021 | 100433005 | Hdfc Bank Limited | ₹5.25 Cr | Open | |
| 03 Feb 2020 | 100323701 | Hdfc Bank Limited | ₹37 Cr | Open | |
| 21 Jun 2016 | 100128292 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 08 Aug 2015 | 10595529 | Hdfc Bank Limited | ₹167 Cr | Open |
To see the full charge records of Aov Forex Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Aov Forex Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in August 2020.
Total deals
6
Funding rounds
5
Secondary share transfer
1
Disclosed funding
₹16.88 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Funding round | ₹10 Cr | Investors: A O V Exports Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: Yousef Mohd Beshwari Trading LLC |
| Mar 2015 | Funding round | ₹1.28 Cr | Investors: A O V Properties Private Limited |
To see the full deal history of Aov Forex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aov Forex Private Limited has 9 court cases on record: 8 filed by Aov Forex, 1 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
8
Filed against the company
1
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Ms LMG Technology Pvt Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Ms LMG Technology Pvt Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against M/S. Ilmp Technology Pvt. Ltd. | Pending |
| High Court of Jharkhand | Court case (Cr.M.P.) | Filed by the company against The State of Jharkhand | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Aov Forex Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aov Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aov Forex has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Fifteen-A- Holdings Private Limited | U67120DL1993PTC053213 |
To see the full group structure of Aov Forex Private Limited, buy the company report.
Employees & EPFO
Aov Forex Private Limited has a workforce of 16 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
6.67%
GST
Aov Forex has 7 GST registrations: 3 active and 4 cancelled or inactive.
Total GSTINs
7
Active
3
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCA0697F1ZW | Haryana | Active | 01 Jul 2017 |
| 09AABCA0697F1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
| 03AABCA0697F2Z1 | Punjab | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Aov Forex Private Limited, buy the company report.
Recent activity
Aov Forex Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Vandana Arora ceased to be Director on 26 Aug 2025.
Ceased
Vandana Arora ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.25 Cr with Charge ID 100996629 was registered on 22 Oct 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 58.00 Cr registered on 25 Mar 2011 with Charge ID 10278392 was modified on 22 Oct 2024.
AGM
Aov Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Rahul Sikka ceased to be Additional Director.
Appointed
Rahul Sikka was appointed as Director.
Filing
Aov Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 167.00 Cr registered on 08 Aug 2015 with Charge ID 10595529 was modified on 07 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.25 Cr with Charge ID 100433005 was registered on 12 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.00 Cr with Charge ID 100323701 was registered on 03 Feb 2020.
Charges
A charge registered on 29 Sep 2014 via Charge ID 10550055 with Icici Bank Limited was fully satisfied on 07 Oct 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100128292 was registered on 21 Jun 2016.
10 earlier events are in the company report.
Frequently asked questions
Aov Forex is an active private limited company based in Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 13 September 1994 (32+ years old) and is registered under CIN U74899DL1994PTC061457.
Aov Forex has 3 current directors:
- Om Prakash Arora - Director
- Rahul Sikka - Director
- Abhishek Arora - Director
The latest financial statements of Aov 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 2015 are in the company report.
The GSTIN of Aov Forex is 06AABCA0697F1ZW, registered in Haryana. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 09AABCA0697F1ZQ (Uttar Pradesh), 03AABCA0697F2Z1 (Punjab).
The CIN (Corporate Identification Number) of Aov Forex is U74899DL1994PTC061457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aov Forex has 9 court cases on record: 8 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Aov Forex was incorporated on 13 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Aov Forex has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in August 2020.
Vandana Arora ceased to be Director on 26 Aug 2025. Rahul Sikka ceased to be Additional Director on 29 Sep 2024. Rahul Sikka was appointed as Director on 01 Apr 2024. Aov Forex has 6 board changes on record in total.
Yes, Aov Forex is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0019028).
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