About Angel Forex
Angel Forex is a Financial Services company. Foreign exchange services, including currency remittance and travel insurance, are provided in India. Its Indian entity Angel Forex Private Limited reported revenue of ₹72.43 Cr. Angel Forex offers products and services including Foreign Currency Cash and Travel Insurance Policy. Its focus areas include Insurance Services, Travel Insurance, Policy Distribution and Foreign Exchange.
Company details
Angel Forex Private Limited was incorporated on 9th July 2012 and is authorized by the Reserve Bank of India as a money changer with an FFMC license. Services such as foreign currency remittance, travel insurance policies, and inward remittance are offered through partnerships like Western Union and Money Gram. Products including foreign currency cash, travellers cheques, and international debit cards are made available for retail and wholesale transactions. The company operates branches in various Indian cities, with its foundation laid by Mr. Amit Tapadia, who is supported by directors Mr. Radheshyam Shah and Mrs. Sharmistha Shah. Operations are managed to facilitate exchange and insurance needs efficiently.
- SectorsFinancial Services
- Email••••••••
- Legal Name Angel Forex Private Limited
- Date of Incorporation 09 Jul, 2012
- Jurisdiction Ahmedabad, Gujarat, India
- Indian entity revenue₹72.43 Cr
FY 2026 · -9% YoY
- Indian entity net profit₹14 Lakh
FY 2026 · 0% margin
- Indian entity EBITDA₹21.4 Lakh
FY 2026 · 0% margin
Associated legal entities of Angel Forex
Angel Forex operates through Angel Forex Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Angel Forex Private Limited CIN U67190GJ2012PTC071049 | Active | 09 Jul 2012 | Ahmedabad, Gujarat | ₹72.4 Cr | 5 | View details |
Products & Services of Angel Forex
Angel Forex offers a comprehensive portfolio of products and services, including Foreign Currency Cash and Travel Insurance Policy.
Buying and selling of foreign currency cash is conducted under a license from the Reserve Bank of India for retail and wholesale business
Travel insurance policies are issued online at the desk based on requirements, with claims covered according to selected policy slabs
Board of directors of Angel Forex Private Limited (Angel Forex)
Angel Forex Private Limited is the primary company behind Angel Forex. The board of Angel Forex Private Limited currently have 4 directors; the longest-serving is Amit Radheshyam Tapadia, appointed in 2018. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Radheshyam Tapadia DIN 08261267 | Director | 03 Dec 2018 | 7 yrs 10 mo | Angel Forex Private Limited |
| Yash Urvish Vora DIN 07813159 | Director | 29 Nov 2022 | 3 yrs 10 mo | Angel Forex Private Limited |
| Alkaben Hiteshkumar Jadav DIN 10366388 | Director | 21 Oct 2023 | 3 yrs | Angel Forex Private Limited |
| Vikaskumar Anandilal Kabra DIN 10367016 | Director | 21 Oct 2023 | 3 yrs | Angel Forex Private Limited |
Financials of Angel Forex
Figures of Angel Forex Private Limited, the primary company behind Angel Forex, for FY 2026. Revenue was ₹72.43 Cr (-9% year on year). Net profit was ₹14 Lakh (0% margin). EBITDA was ₹21.4 Lakh (0% margin). Revenue has grown at a compounded annual rate of -7% over three years and +204% over five years.
- ₹72.43 CrRevenue · FY 2026 · -9% YoY
- ₹14 LakhNet profit · 0% margin
- ₹21.4 LakhEBITDA · 0% margin
- ₹10.50 CrPaid-up capital
- -7%Revenue CAGR, 3 years
- +204%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Angel Forex Private Limited are on its company page.
Detailed financial statements for Angel Forex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
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Frequently Asked Questions about Angel Forex
The primary company behind Angel Forex, Angel Forex Private Limited, reported revenue of ₹72.43 Cr for FY 2026, down 9% year on year.
Angel Forex Private Limited was incorporated on 9th July 2012 and is authorized by the Reserve Bank of India as a money changer with an FFMC license. Services such as foreign currency remittance, travel insurance policies, and inward remittance are offered through partnerships like Western Union and Money Gram. Products including foreign currency cash, travellers cheques, and international debit cards are made available for retail and wholesale transactions. The company operates branches in various Indian cities, with its foundation laid by Mr. Amit Tapadia, who is supported by directors Mr. Radheshyam Shah and Mrs. Sharmistha Shah. Operations are managed to facilitate exchange and insurance needs efficiently.
Angel Forex offers Foreign Currency Cash and Travel Insurance Policy.
Angel Forex operates through Angel Forex Private Limited.
The legal entities of Angel Forex currently have 5 directors, including Amit Radheshyam Tapadia, Alkaben Hiteshkumar Jadav, Vikaskumar Anandilal Kabra and others.