KAPNOX Forex

Foreign exchange, money changing, and international transfer services in Hyderabad.
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About KAPNOX Forex

KAPNOX Forex is a Financial Services company. It operates as a foreign exchange, money changing, and international transfer services in Hyderabad. Its Indian entity Kapnox Forex Private Limited reported revenue of ₹21.26 Cr. KAPNOX Forex offers products and services including Foreign Exchange Services and International Money Transfers. Its focus areas include International Transfers, Money Transfers, Remittance Services and Foreign Exchange.

Company details

Foreign exchange services are offered by KAPNOX Forex Pvt. Ltd., which is authorized by the Reserve Bank of India as a full-fledged money changer. A broad spectrum of services, including currency exchange, international money transfers, travel ticketing, and holiday arrangements, are provided to address the foreign exchange needs of individuals traveling abroad for leisure, business, education, immigration, or other purposes. Currencies from over 100 countries are accessed, with bank notes examined for authenticity to ensure safety. Swift and hassle-free encashment and purchase of foreign currencies are facilitated, promoting ease for customers.

  • Sectors
    Financial Services
  • Social X
  • Legal Name Kapnox Forex Pvt. Ltd
  • Date of Incorporation 17 Oct, 2007
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → Payments & Remittance Platforms
Financial Services → Currency Exchange Services
Key Metrics
  • Annual Revenue
    ₹21.26 Cr

    FY 2025 · -8% YoY

  • Net Profit
    ₹3.2 Lakh

    FY 2025 · 0% margin

  • EBITDA
    ₹12.3 Lakh

    FY 2025 · 1% margin

Products & Services of KAPNOX Forex

KAPNOX Forex offers a comprehensive portfolio of products and services, including Foreign Exchange Services and International Money Transfers.

Foreign Exchange Services
Financial Services

Currency exchange and money changing services are offered to meet foreign exchange requirements for travel and other needs.

International Money Transfers
Remittance Services

International money transfers are facilitated for purposes such as business, education, and emigration.

Board of directors of Kapnox Forex Private Limited (KAPNOX Forex)

Kapnox Forex Private Limited is the primary company behind KAPNOX Forex. The board of Kapnox Forex Private Limited currently have 2 directors; the longest-serving is Mukesh Kumar Gandhi, appointed in 2007. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Mukesh Kumar Gandhi
DIN 01726477
Director17 Oct 200719 yrsKapnox Forex Private Limited
Supriya Mukesh Gandhi
DIN 07873362
Director14 Dec 20205 yrs 10 moKapnox Forex Private Limited

Financials of KAPNOX Forex

Figures of Kapnox Forex Private Limited, the primary company behind KAPNOX Forex, for FY 2025. Revenue was ₹21.26 Cr (-8% year on year). Net profit was ₹3.2 Lakh (0% margin). EBITDA was ₹12.3 Lakh (1% margin). Revenue has grown at a compounded annual rate of +65% over three years and -6% over five years.

  • ₹21.26 CrRevenue · FY 2025 · -8% YoY
  • ₹3.2 LakhNet profit · 0% margin
  • ₹12.3 LakhEBITDA · 1% margin
  • ₹1.00 CrPaid-up capital
  • +65%Revenue CAGR, 3 years
  • -6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Kapnox Forex Private Limited are on its company page.

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Detailed financial statements for KAPNOX Forex

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Top companies in Payments & Remittance Platforms

10 companies that operate in the same segment as KAPNOX Forex (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

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Grab
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2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
PhonePe
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Stripe
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B–16,622
Bill.com
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Razorpay
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
Ramp
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B–6,209
BharatPe
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Zaggle
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
PayU
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, North Holland, NetherlandsUSD 35.15 MUSD 5.47 B3,355
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Frequently Asked Questions about KAPNOX Forex

The primary company behind KAPNOX Forex, Kapnox Forex Private Limited, reported revenue of ₹21.26 Cr for FY 2025, down 8% year on year.

Foreign exchange services are offered by KAPNOX Forex Pvt. Ltd., which is authorized by the Reserve Bank of India as a full-fledged money changer. A broad spectrum of services, including currency exchange, international money transfers, travel ticketing, and holiday arrangements, are provided to address the foreign exchange needs of individuals traveling abroad for leisure, business, education, immigration, or other purposes. Currencies from over 100 countries are accessed, with bank notes examined for authenticity to ensure safety. Swift and hassle-free encashment and purchase of foreign currencies are facilitated, promoting ease for customers.

KAPNOX Forex offers Foreign Exchange Services and International Money Transfers.

KAPNOX Forex operates through Kapnox Forex Private Limited.

The legal entities of KAPNOX Forex currently have 2 directors, including Supriya Mukesh Gandhi, Mukesh Kumar Gandhi.

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