About Bonton Money Exchange
Bonton Money Exchange is a company based in Mumbai (India) founded in 2012. It operates as a B2C. The company has 2 employees. Bonton Money Exchange operates in a competitive market with competitors including Saxo Bank, XTB Online Trading, HDFC SKY, ActivTrades and Rupeezy, among others.
- Headquarter Mumbai, India
- Employees 2
- SectorsFinancial Services
- Website bontonforex.com
- Legal Name Bonton Money Exchange Private Limited
- Date of Incorporation 15 Mar, 2012
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹40.85 Cr
FY 2024 · -48% YoY
- Net Profit₹6.4 Lakh
FY 2024 · 0% margin
- EBITDA₹6.8 Lakh
FY 2024 · 0% margin
- Employee Count2
Associated legal entities of Bonton Money Exchange
Bonton Money Exchange operates through Bonton Money Exchange Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bonton Money Exchange Private Limited CIN U74900MH2012PTC228223 | Active | 15 Mar 2012 | Mumbai, Maharashtra | ₹40.9 Cr | 2 | 3 | View details |
Board of directors of Bonton Money Exchange Private Limited (Bonton Money Exchange)
Bonton Money Exchange Private Limited is the primary company behind Bonton Money Exchange. The board of Bonton Money Exchange Private Limited currently have 3 directors; the longest-serving is Piyush Vinodrai Parekh, appointed in 2012. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piyush Vinodrai Parekh DIN 02692276 | Managing Director | 15 Mar 2012 | 14 yrs 6 mo | Bonton Money Exchange Private Limited |
| Purvi Piyush Parekh DIN 01541600 | Director | 04 Jan 2017 | 9 yrs 9 mo | Bonton Money Exchange Private Limited |
| Viren Narottamdas Adesara DIN 07716186 | Director | 08 Feb 2017 | 9 yrs 7 mo | Bonton Money Exchange Private Limited |
Financials of Bonton Money Exchange
Figures of Bonton Money Exchange Private Limited, the primary company behind Bonton Money Exchange, for FY 2024. Revenue was ₹40.85 Cr (-48% year on year). Net profit was ₹6.4 Lakh (0% margin). EBITDA was ₹6.8 Lakh (0% margin). Revenue has grown at a compounded annual rate of +417% over three years and +24% over five years.
- ₹40.85 CrRevenue · FY 2024 · -48% YoY
- ₹6.4 LakhNet profit · 0% margin
- ₹6.8 LakhEBITDA · 0% margin
- ₹51 LakhPaid-up capital
- 2Employees (provident fund records)
- +417%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bonton Money Exchange Private Limited are on its company page.
Detailed financial statements for Bonton Money Exchange
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Bonton Money Exchange
Bonton Money Exchange operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Saxo Bank, XTB Online Trading, HDFC SKY, ActivTrades and Rupeezy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| home.saxo | 1992 | Copenhagen, Denmark | $548.49M | 734 | Online platform for trading in forex, options, and CFDs | |
| xtb.com | 2002 | Warsaw, Poland | – | – | Forex broking services are provided online by XTB. | |
| hdfcsky.com | 2023 | Mumbai, India | – | 3,850 | Online trading and investment platform | |
| activtrades.com | 2001 | London, United Kingdom | – | 243 | Operates as a forex broker offering trading services to clients. | |
| rupeezy.in | 2002 | Bengaluru, India | $568,900 | 58 | Multi-asset trading is enabled for individual investors through various platforms. | |
| anandrathi.com | 1994 | Mumbai, India | – | 1,241 | Multiple assets are traded via an online brokerage platform. | |
| share.market | 2023 | Bengaluru, India | – | – | Multi-asset trading and investment services are offered to individuals. | |
| arhamshare.com | 2010 | Gandhinagar, India | – | 34 | Online investment and trading platform for stock derivatives, commodities, forex, and IPOs |
Detailed competitors of Bonton Money Exchange
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Similar companies to Bonton Money Exchange
10 companies that operate in the same segment as Bonton Money Exchange (Currency Exchange Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Foreign exchange services are provided to facilitate international money access. | 1976 | London, England, United Kingdom | – | – | – | |
Forex market settlement, processing, and data solutions are provided globally. | 1997 | London, England, United Kingdom | – | – | – | |
Currency management services are provided by Argentex globally. | 2011 | London, England, United Kingdom | – | USD 50.71 M | 86 | |
Provider of foreign exchange expertise and execution for middle market companies | 2002 | South Jordan, Utah, United States | – | – | 114 | |
Currency exchange services for clients are provided by CXI internationally. | 1998 | Lynnwood, Washington, United States | – | USD 72.32 M | 390 | |
Precious metal bullion, coins, and storage products are retailed online. | 2004 | – | USD 70 M | – | – | |
Functions as an online platform for buying and selling cryptocurrencies like Beam and Grin. | 2020 | Delhi, Delhi, India | – | – | – | |
Olympia Trust Company is engaged in providing trust and financial services to Canadian investors. | 1996 | Calgary, Alberta, Canada | – | – | – | |
Cross-border money transfers and currency exchange services are offered. | 1996 | Petaling Jaya, Selangor, Malaysia | – | USD 47.36 M | – | |
Provider of currency exchange services | 2003 | London, England, United Kingdom | – | – | – |
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Frequently Asked Questions about Bonton Money Exchange
Bonton Money Exchange was founded in 2012.
Bonton Money Exchange is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Bonton Money Exchange has 2 employees.
The primary company behind Bonton Money Exchange, Bonton Money Exchange Private Limited, reported revenue of ₹40.85 Cr for FY 2024, down 48% year on year.
Bonton Money Exchange provides foreign currency exchange services to customers, focusing on offering financial products and advice, banking and exchange, currency exchange, and foreign exchange services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Bonton Money Exchange's top competitors include Saxo Bank, XTB Online Trading and Anand Rathi.
Bonton Money Exchange operates through Bonton Money Exchange Private Limited.
The legal entities of Bonton Money Exchange currently have 3 directors, including Viren Narottamdas Adesara, Purvi Piyush Parekh, Piyush Vinodrai Parekh.