About Laxmii Forex
Laxmii Forex is a Financial Services company founded in 2006. Foreign exchange services including currency exchange and international transfers are provided in India. Its Indian entity Laxmii Forex Limited reported revenue of ₹508 Cr. Laxmii Forex offers products and services including Student Forex Card and International Money Transfers. Its focus areas include Foreign Exchange, Currency Exchange Services, International Money Transfers and Insurance.
Company details
Laxmii Forex is recognized as a foreign exchange service provider that offers currency exchange, forex cards, international money transfers, and travel insurance across multiple branches in India. Services are supported by RBI authorization and cover over 40 currencies, ensuring safe transactions and customer assistance. Testimonials highlight efficient handling of student fees and travel needs, with awards reflecting contributions to the industry. Operations are based in Pune and Mumbai, focusing on transparent practices and comprehensive solutions for individuals and businesses.
- SectorsFinancial Services
- Email••••••••
- Website laxmiiforex.com
- Legal Name Laxmii Forex Ltd
- Date of Incorporation 21 Sep, 2006
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹508 Cr
FY 2025 · +16% YoY
- Indian entity net profit₹63.9 Lakh
FY 2025 · 0% margin
- Indian entity EBITDA₹1.65 Cr
FY 2025 · 0% margin
Associated legal entities of Laxmii Forex
Laxmii Forex operates through Laxmii Forex Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Laxmii Forex Limited CIN U65999PN2006PLC129117 | Active | 21 Sep 2006 | Pune, Maharashtra | ₹508 Cr | 3 | View details |
Products & Services of Laxmii Forex
Laxmii Forex offers a comprehensive portfolio of products and services, including Student Forex Card and International Money Transfers.
Student forex cards are designed to address the foreign exchange needs of students studying abroad, providing secure and convenient access to funds.
International money transfers are handled securely for business professionals, international students, and travelers, ensuring reliable and compliant transactions.
Board of directors of Laxmii Forex Limited (Laxmii Forex)
Laxmii Forex Limited is the primary company behind Laxmii Forex. The board of Laxmii Forex Limited currently have 3 directors; the longest-serving is Nishikant Ramesh Bhalerao, appointed in 2006.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishikant Ramesh Bhalerao DIN 00601264 | Director | 21 Sep 2006 | 20 yrs 1 mo | Laxmii Forex Limited |
| Poonam Nishikant Bhalerao DIN 00601298 | Director | 21 Sep 2006 | 20 yrs 1 mo | Laxmii Forex Limited |
| Sahil Bhalerao DIN 10051248 | Director | 31 Jan 2023 | 3 yrs 9 mo | Laxmii Forex Limited |
Financials of Laxmii Forex
Figures of Laxmii Forex Limited, the primary company behind Laxmii Forex, for FY 2025. Revenue was ₹508 Cr (+16% year on year). Net profit was ₹63.9 Lakh (0% margin). EBITDA was ₹1.65 Cr (0% margin). Revenue has grown at a compounded annual rate of +127% over three years.
- ₹508 CrRevenue · FY 2025 · +16% YoY
- ₹63.9 LakhNet profit · 0% margin
- ₹1.65 CrEBITDA · 0% margin
- ₹2.07 CrPaid-up capital
- +127%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Laxmii Forex Limited are on its company page.
Detailed financial statements for Laxmii Forex
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
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Frequently Asked Questions about Laxmii Forex
Laxmii Forex was founded in 2006.
The primary company behind Laxmii Forex, Laxmii Forex Limited, reported revenue of ₹508 Cr for FY 2025, up 16% year on year.
Laxmii Forex is recognized as a foreign exchange service provider that offers currency exchange, forex cards, international money transfers, and travel insurance across multiple branches in India. Services are supported by RBI authorization and cover over 40 currencies, ensuring safe transactions and customer assistance. Testimonials highlight efficient handling of student fees and travel needs, with awards reflecting contributions to the industry. Operations are based in Pune and Mumbai, focusing on transparent practices and comprehensive solutions for individuals and businesses.
Laxmii Forex offers Student Forex Card and International Money Transfers.
Laxmii Forex operates through Laxmii Forex Limited.
The legal entities of Laxmii Forex currently have 3 directors, including Nishikant Ramesh Bhalerao, Poonam Nishikant Bhalerao, Sahil Bhalerao.