Azad Forex Private Limited
About Azad Forex Private Limited
Data last updated:
Azad Forex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2015PTC284600. Its GSTIN is 07AANCA7059B1ZO (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ramaswamy T R Aiyyer and Hemendra Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Side Kh No. 1109 – 1111 Ward No. 6 Mehrauli Aam Wala Bagh, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.33 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹32,174 (net margin 0.1%) and EBITDA of ₹43,714 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSide Kh No. 1109 – 1111 Ward No. 6 Mehrauli Aam Wala Bagh, New Delhi, Delhi, India – 110030
- IndustryFinancial Services, Diversified Financial 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 Azad Forex Private Limited
The main business activity of Azad 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 Azad Forex Private Limited FY 2020 filings available
Azad Forex Private Limited reported revenue of ₹4.33 Cr (down 37% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Azad Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 37% fall in the latest year. EBITDA fell 74% 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 Azad Forex Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.33 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹43,714 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32,174 | •••• | •••• | •••• | •••• |
| 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 Azad Forex Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 Azad Forex are in the company report.
Financial statements from FY 2016
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 Azad Forex Private Limited
Azad Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial 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 |
|---|---|---|---|---|---|---|
| Akshaya Wealth Management Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| M.L.Singhi and Associates Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
| Socradamus Capital Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 1635.0% | •••• | Mumbai, Maharashtra, India |
| Goal-Oriented Tradelink Private Limited | ₹4.34 Cr (FY 2024) | •••• | •••• | 6564.0% | •••• | Kolkata, West Bengal, India |
| Megasec Capital Advisors Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Azad Forex Private Limited this company | ₹4.33 Cr (FY 2020) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Viaan Fincap Private Limited | ₹4.33 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Gandhinagar, Gujarat, India |
| Ayush Capital and Financial Services Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | 209.0% | •••• | Ludhiana, Punjab, India |
| Paychq Solution Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Gurgaon, Haryana, India |
| Nijrang Enterprise Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Ahmedabad, Gujarat, India |
| Deutsche Asset Management (India) Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Azad Forex by revenue in the BFSI industry (Other Financial 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 Azad Forex Private Limited
Azad Forex Private Limited is audited by SHUKLA GUPTA & ARORA for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHUKLA GUPTA & ARORA | 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 Azad Forex Private Limited
Azad Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaswamy T R Aiyyer | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Hemendra Kumar | Director | 26 Aug 2015 | 11 Years 1 Months | Current |
| Vinod Kumar Also directs: RV Environment Infrastructure Private Limited | Director | 26 Aug 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of Azad 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 Azad Forex Private Limited
Azad Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Azad Forex Private Limited
Employment history and EPFO contributions of people linked to Azad 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 Azad Forex Private Limited
Azad Forex Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Ramaswamy T R Aiyyer was appointed as Director on 01 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Azad 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 Azad 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 Azad 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 Azad Forex Private Limited
Azad Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCA7059B1ZO | 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 Azad 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 Azad Forex Private Limited
Azad Forex is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 August 2015 (11+ years old) and is registered under CIN U93000DL2015PTC284600.
Azad Forex reported revenue of ₹4.33 Cr for FY 2020 (down 37% YoY).
Azad Forex has 3 current directors:
- Ramaswamy T R Aiyyer - Director
- Hemendra Kumar - Director
- Vinod Kumar - Director
Azad Forex reported a net profit of ₹32,174 (net margin 0.1%) and EBITDA of ₹43,714 (EBITDA margin 0.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Azad Forex is -11% over three years. In the latest year (FY 2020) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Azad Forex is 07AANCA7059B1ZO, registered in Delhi.
The CIN (Corporate Identification Number) of Azad Forex is U93000DL2015PTC284600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azad Forex was incorporated on 26 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Azad Forex by revenue are Akshaya Wealth Management Private Limited, M.L.Singhi and Associates Private Limited, Socradamus Capital Private Limited, Goal-Oriented Tradelink Private Limited, Megasec Capital Advisors Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ramaswamy T R Aiyyer was appointed as Director on 01 Mar 2019. Hemendra Kumar was appointed as Director on 26 Aug 2015. Vinod Kumar was appointed as Director on 26 Aug 2015.
The registered office of Azad Forex is at Side Kh No. 1109 – 1111 Ward No. 6 Mehrauli Aam Wala Bagh, New Delhi, Delhi, India – 110030.