Ashok Forex Private Limited
About Ashok Forex Private Limited
Data last updated:
Ashok Forex Private Limited is a private limited company based in Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 07 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65923DL2007PTC164499. Its GSTIN is 07AAGCA3728A1Z5 (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ashok Kumar Bajaj and Pinki Bajaj.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. – 286 Ina Colony, Mehrauli Road Near Aiims Hospital, Delhi, India – 110023.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.39 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹37,829 (net margin 0.1%) and EBITDA of ₹57,846 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No. – 286 Ina Colony, Mehrauli Road Near Aiims Hospital, Delhi, India – 110023
- 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 Ashok Forex Private Limited
The main business activity of Ashok 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 Ashok Forex Private Limited FY 2025 filings available
Ashok Forex Private Limited reported revenue of ₹3.39 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashok Forex Private Limited
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 38% 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 Ashok 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 | ₹57,846 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37,829 | •••• | •••• | •••• | •••• |
| 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 Ashok Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Ashok 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 Ashok Forex Private Limited
Ashok 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 |
|---|---|---|---|---|---|---|
| A P Taraporevala and Sons Private Limited | ₹3.48 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Aj Countrywide Forex Private Limited | ₹3.45 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Coimbatore, Tamil Nadu, India |
| Phantom Forex Mart Private Limited | ₹3.45 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Piu Travels & Forex Private Limited | ₹3.44 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Ranaghar, West Bengal, India |
| Myforexeye Fintech Private Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Ashok Forex Private Limited this company | ₹3.39 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Fornas Forex Services Private Limited | ₹3.38 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Erattupetta, Kerala, India |
| KP Forex Private Limited | ₹3.35 Cr (FY 2024) | •••• | •••• | 175.0% | •••• | Pune, Maharashtra, India |
| Kamla Krishna Forex Private Limited | ₹3.34 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Malani Forex Services Private Limited | ₹3.29 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | New Delhi, Delhi, India |
| Basant Forex Private Limited | ₹3.29 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Punjab, India |
Peers are the five companies nearest above and the five nearest below Ashok 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 Ashok Forex Private Limited
Ashok Forex Private Limited is audited by RAJESH KRISHNA KHANNA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH KRISHNA KHANNA & 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.
Board of Directors of Ashok Forex Private Limited
Ashok Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Bajaj Also directs: BVM Infraedge LLP | Director | 07 Jun 2007 | 19 Years 4 Months | Current |
| Pinki Bajaj Also directs: BVM Infraedge LLP | Director | 07 Jun 2007 | 19 Years 4 Months | Current |
Ownership and Shareholding of Ashok 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 Ashok Forex Private Limited
Ashok Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashok Forex Private Limited
Employment history and EPFO contributions of people linked to Ashok 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 Ashok Forex Private Limited
Ashok Forex Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Ashok Kumar Bajaj was appointed as Director on 07 Jun 2007.
Credit Ratings, Litigation & Regulatory Alerts for Ashok 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 Ashok 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 Ashok 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 Ashok Forex Private Limited
Ashok Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCA3728A1Z5 | Delhi | 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 Ashok 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 Ashok Forex Private Limited
Ashok 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 07 June 2007 (19+ years old) and is registered under CIN U65923DL2007PTC164499.
Ashok Forex reported revenue of ₹3.39 Cr for FY 2025 (up 5% YoY).
Ashok Forex has 2 current directors:
- Ashok Kumar Bajaj - Director
- Pinki Bajaj - Director
Ashok Forex reported a net profit of ₹37,829 (net margin 0.1%) and EBITDA of ₹57,846 (EBITDA margin 0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashok Forex is 48% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashok Forex is 07AAGCA3728A1Z5, registered in Delhi.
The CIN (Corporate Identification Number) of Ashok Forex is U65923DL2007PTC164499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashok Forex was incorporated on 07 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ashok Forex by revenue are A P Taraporevala and Sons Private Limited, Aj Countrywide Forex Private Limited, Phantom Forex Mart Private Limited, Piu Travels & Forex Private Limited, Myforexeye Fintech Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Ashok Kumar Bajaj was appointed as Director on 07 Jun 2007. Pinki Bajaj was appointed as Director on 07 Jun 2007.
The registered office of Ashok Forex is at Shop No. – 286 Ina Colony, Mehrauli Road Near Aiims Hospital, Delhi, India – 110023.