A.P. Forex Private Limited
About A.P. Forex Private Limited
Data last updated:
A.P. 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 16 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2000PTC124271. Its GSTIN is 27AABCK2670G1ZN (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.52 Lakh. It was formerly known as Khimsara Securities Private Limited. It is led by directors including Ami Arpit Sheth and Piyush Sampatraj Khimesara.
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.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹13,169 (net margin 0.1%) and EBITDA of ₹15,605 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 714% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No. A6 Shri Baba Nagar Bandra, St Peters Road Off Hill Road, Mumbai, Maharashtra, India – 400050
- 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 A.P. Forex Private Limited
The main business activity of A.P. Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 A.P. Forex Private Limited FY 2025 filings available
A.P. Forex Private Limited reported revenue of ₹1.63 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of A.P. Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 30% fall in the latest year. EBITDA rose 35% 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 A.P. Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15,605 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13,169 | •••• | •••• | •••• | •••• |
| 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 A.P. Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 A.P. 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.
Board of Directors of A.P. Forex Private Limited
A.P. Forex has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ami Arpit Sheth | Director | 24 Jan 2015 | 11 Years 8 Months | Current |
| Piyush Sampatraj Khimesara | Director | 16 Feb 2000 | 26 Years 8 Months | Current |
| Priti Paresh Khimesara | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Anish Deepak Mehta | Director | 24 Jan 2015 | 11 Years 8 Months | Current |
Peer Comparison of A.P. Forex Private Limited
A.P. 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 |
|---|---|---|---|---|---|---|
| Milan Moneychanger Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Kalol, Gujarat, India |
| Bharuch Forex Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 281.0% | •••• | Bharuch, Gujarat, India |
| Nilkanth Forex Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Gandhinagar, Gujarat, India |
| Reeudo Forex Services Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | 768.0% | •••• | Gurgaon, Haryana, India |
| Relcon Forex Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Vile Parle East, Maharashtra, India |
| A.P. Forex Private Limited this company | ₹1.63 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Alpha Forex Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Chandigarh, India |
| Invitation Forex Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| New India Biopharma Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Susheel Holidays and Forex Private Limited | ₹1.62 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Sargam Forex Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below A.P. 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 A.P. Forex Private Limited
A.P. Forex Private Limited is audited by M N N & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N N & ASSOCIATES | 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.
Ownership and Shareholding of A.P. 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 A.P. Forex Private Limited
A.P. Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at A.P. Forex Private Limited
Employment history and EPFO contributions of people linked to A.P. 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 A.P. Forex Private Limited
A.P. Forex Private Limited has 4 board changes on record since 2000: 4 appointments. The latest: Ami Arpit Sheth was appointed as Director on 24 Jan 2015.
Credit Ratings, Litigation & Regulatory Alerts for A.P. 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 A.P. 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 A.P. 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 A.P. Forex Private Limited
A.P. Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK2670G1ZN | Maharashtra | Active | 01 Jul 2017 |
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 A.P. 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 A.P. Forex Private Limited
A.P. 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 16 February 2000 (26+ years old) and is registered under CIN U67120MH2000PTC124271.
A.P. Forex reported revenue of ₹1.63 Cr for FY 2025 (down 30% YoY).
A.P. Forex has 4 current directors:
- Ami Arpit Sheth - Director
- Piyush Sampatraj Khimesara - Director
- Priti Paresh Khimesara - Director
- Anish Deepak Mehta - Director
A.P. Forex reported a net profit of ₹13,169 (net margin 0.1%) and EBITDA of ₹15,605 (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of A.P. Forex is 714% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of A.P. Forex is 27AABCK2670G1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of A.P. Forex is U67120MH2000PTC124271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A.P. Forex was incorporated on 16 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of A.P. Forex by revenue are Milan Moneychanger Private Limited, Bharuch Forex Private Limited, Nilkanth Forex Private Limited, Reeudo Forex Services Private Limited, Relcon Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Ami Arpit Sheth was appointed as Director on 24 Jan 2015. Anish Deepak Mehta was appointed as Director on 24 Jan 2015. Priti Paresh Khimesara was appointed as Director on 01 Apr 2004. A.P. Forex has 4 board changes on record in total.
The registered office of A.P. Forex is at Shop No. A6 Shri Baba Nagar Bandra, St Peters Road Off Hill Road, Mumbai, Maharashtra, India – 400050.