Asit C.Mehta Forex Private Limited
About Asit C.Mehta Forex Private Limited
Data last updated:
Asit C.Mehta Forex Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the forex services segment of the financial services sector. It was incorporated on 23 May 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1991PTC061815. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.55 Cr. It was led by directors Kirit Himatlal Vora and Asit Chimanlal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 67 Podarchambers3Rd Flr S A Brevli Road Fort, Mumbai, Maharashtra, India – 400001.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Asit C.Mehta Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address67 Podarchambers3Rd Flr S A Brevli Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Forex Services
To see the full contact details of Asit C.Mehta 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
Financials of Asit C.Mehta Forex Private Limited
FY 2022 filings availableAsit C.Mehta Forex Private Limited reported revenue of ₹500 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹500 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Asit C.Mehta Forex Private Limited, buy the company report.
Board of directors of Asit C.Mehta Forex Private Limited
Asit C.Mehta Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirit Himatlal Vora | Director | 08 Apr 1998 | 28 Years 6 Months | As last reported |
| Asit Chimanlal Mehta Also directs: Himalaya Wealth Managers LLP, The Investment Trust of India Limited, SS Retail Limited and 1 more | Director | 26 Aug 1996 | 30 Years 1 Months | As last reported |
Peer comparison
Asit C.Mehta Forex Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seven Ocean Forex Tours and Travels Private Limited | ₹901 (FY 2025) | -6.0% | Margao, Goa, India | |||
| Seven Rays Forex Pvt Ltd | ₹900 (FY 2025) | 125.0% | Punjab, India | |||
| Batbro India Limited | ₹760 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Garg Forex Enterprises Private Limited | ₹680 (FY 2025) | -100.0% | Ludhiana, Punjab, India | |||
| Nanak Forex Private Limited | ₹516 (FY 2021) | -100.0% | New Delhi, Delhi, India | |||
| Asit C.Mehta Forex Private Limitedthis company | ₹500 (FY 2022) | -100.0% | Mumbai, Maharashtra, India | |||
| Kanak Patel Money Changer Private Limited | ₹444 (FY 2025) | -100.0% | Nadiad, Gujarat, India | |||
| Siddhi Money Changer Private Limited | ₹274 (FY 2025) | -100.0% | Anand, Gujarat, India | |||
| D. K. Forex Private Limited | ₹150 (FY 2025) | -100.0% | Rajkot, Gujarat, India | |||
| Singh Merchants Private Limited | ₹100 (FY 2022) | -23.0% | Gurgaon, Haryana, India | |||
| Parth Money Changer Private Limited | ₹23 (FY 2025) | Anand, Gujarat, India |
To see the full peer comparison of Asit C.Mehta Forex Private Limited, buy the company report.
Auditor
Asit C.Mehta Forex Private Limited is audited by Manek & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manek & Associates | FY 2022 | 126679W |
Shareholding
The shareholding of Asit C.Mehta Forex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asit C.Mehta Forex Private Limited, buy the company report.
Legal cases
Asit C.Mehta Forex Private Limited has 3 court cases on record: 2 filed by Asit C.Mehta Forex, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed against the company by Securities and Exchange Board of India Manager Amit Yadav Sebi Bhavan, Plot No. C-4A, G Block, Bandra Kurla Complex, Bandra East , District: Mumbai , , Maharashtra | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Asit C.Mehta 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 Asit C.Mehta Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asit C.Mehta Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asit C.Mehta Forex Private Limited, buy the company report.
Recent activity
Asit C.Mehta Forex Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Deena Asit Mehta ceased to be Director on 03 May 2016.
Frequently asked questions
Asit C.Mehta Forex has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Asit C.Mehta Forex was a private limited company based in Mumbai, Maharashtra, India. The company worked in forex services, within the financial services industry. It was incorporated on 23 May 1991 and is registered under CIN U67120MH1991PTC061815. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Asit C.Mehta Forex was incorporated on 23 May 1991. It is registered with the Registrar of Companies, Mumbai.
Asit C.Mehta Forex had 2 directors:
- Kirit Himatlal Vora - Director
- Asit Chimanlal Mehta - Director
The CIN (Corporate Identification Number) of Asit C.Mehta Forex is U67120MH1991PTC061815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Asit C.Mehta Forex is at 67 Podarchambers3Rd Flr S A Brevli Road Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Asit C.Mehta Forex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Asit C.Mehta Forex has 1 GST registration on record and it is cancelled or inactive.
Asit C.Mehta Forex operated in the financial services industry, in the forex services segment.
The peers of Asit C.Mehta Forex by revenue are Seven Ocean Forex Tours and Travels Private Limited, Seven Rays Forex Pvt Ltd, Batbro India Limited, Garg Forex Enterprises Private Limited, Nanak Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Asit C.Mehta Forex has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.