
Ayyappan Forex Private Limited
About Ayyappan Forex Private Limited
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Ayyappan Forex Private Limited is a private limited company based in Chalakudi, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 22 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2021PTC067638.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Sujitha and Njalipparambil Makotha Ayyappan.
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 21/922 Njalipparambil House Govt Hospital Road, Chalakudi, Kerala, India – 680307.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.05 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹38,757 (net margin 0.1%) and EBITDA of ₹55,123 (EBITDA margin 0.2%).
Company details
Contact details
Ayyappan Forex Private Limited's registered office is in Chalakudi, Kerala.
- Registered Address21/922 Njalipparambil House Govt Hospital Road, Chalakudi, Kerala, India – 680307
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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
Business activity
The main business activity of Ayyappan Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ayyappan Forex Private Limited, buy the company report.
Financials of Ayyappan Forex Private Limited
FY 2025 filings availableAyyappan Forex Private Limited reported revenue of ₹3.05 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹55,123 | |||
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| Net Profit (PAT) | ₹38,757 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 0.2% | |||
| Net Profit Margin | 0.1% | |||
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To see the full financial statements and ratios of Ayyappan Forex Private Limited, buy the company report.
Board of directors of Ayyappan Forex Private Limited
Ayyappan Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujitha | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Njalipparambil Makotha Ayyappan | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Ayyappan Forex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khajanchi and Gandhi Stockbroking Private Limited | ₹3.06 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Amar Realty Private Limited | ₹3.06 Cr (FY 2024) | 0.0% | Thrissur, Kerala, India | |||
| Balgopal Holdings and Traders Ltd | ₹3.06 Cr (FY 2025) | 80.0% | Mumbai, Maharashtra, India | |||
| Convexity Solutions and Advisors Private Limited | ₹3.06 Cr (FY 2025) | -71.0% | Gurgaon, Haryana, India | |||
| Nitam Investments Private Limited | ₹3.05 Cr (FY 2025) | 92.0% | New Delhi, Delhi, India | |||
| Ayyappan Forex Private Limitedthis company | ₹3.05 Cr (FY 2024) | ₹38,757 | 0.1% | -14.0% | Chalakudi, Kerala, India | |
| Beereshwar Financial Services Private Limited | ₹3.05 Cr (FY 2024) | 17737.0% | Chikodi, Karnataka, India | |||
| Viva Home Finance Limited | ₹3.05 Cr (FY 2025) | 7.0% | Virar, Maharashtra, India | |||
| K Lal Financial Services Private Limited | ₹3.04 Cr (FY 2025) | 1.0% | Kanpur, Uttar Pradesh, India | |||
| Sri Padmalaya Capitals Private Limited | ₹3.04 Cr (FY 2025) | -19.0% | Hyderabad, Telangana, India | |||
| Middleton Goods Pvt Ltd | ₹3.04 Cr (FY 2025) | 75.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ayyappan Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ayyappan Forex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ayyappan Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ayyappan Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ayyappan Forex Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Njalipparambil Makotha Ayyappan was appointed as Director on 22 Feb 2021.
Frequently asked questions
Ayyappan Forex is an active private limited company based in Chalakudi, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 22 February 2021 (5+ years old) and is registered under CIN U65929KL2021PTC067638.
Ayyappan Forex has 2 current directors:
- Sujitha - Director
- Njalipparambil Makotha Ayyappan - Director
The latest financial statements of Ayyappan Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Ayyappan Forex is U65929KL2021PTC067638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayyappan Forex was incorporated on 22 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ayyappan Forex by revenue are Khajanchi and Gandhi Stockbroking Private Limited, Amar Realty Private Limited, Balgopal Holdings and Traders Ltd, Convexity Solutions and Advisors Private Limited, Nitam Investments Private Limited and 5 more, all in the same principal business activity (other financial activities).
Njalipparambil Makotha Ayyappan was appointed as Director on 22 Feb 2021. Sujitha was appointed as Director on 22 Feb 2021.
The registered office of Ayyappan Forex is at 21922 Njalipparambil House Govt Hospital Road, Chalakudi, Kerala, India – 680307.
Ayyappan Forex operates in the financial services industry, in the other financial intermediation segment.
Ayyappan Forex can be reached at its registered office: 21922 Njalipparambil House Govt Hospital Road, Chalakudi, Kerala, India – 680307.
Ayyappan Forex is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.

