About Maharaja Forex
Maharaja Forex is a Financial Services company based in Chennai (India) founded in 2008. It provides foreign exchange, money changing, and Western Union transfers in Chennai. It operates on a B2C model. Its Indian entity Maharaja Forex Private Limited reported revenue of ₹59.08 Cr. Maharaja Forex offers products and services including Foreign Currency Exchange, Western Union Money Transfer, and Instant Money Exchange. Its focus areas include FinTech, Currency Exchange, Money Transfer and Foreign Exchange Services. Its competitors include BSE India, NSE India and MSEI; 3 of its 3 listed competitors have raised funding.
Company details
Maharaja Forex Pvt. Ltd. is a leading foreign exchange dealer authorized by the Reserve Bank of India as a Full Fledged Money Changer. It provides competitive rates for currencies and travelers cheques, along with Western Union money transfer services. The company operates from Chennai, offering doorstep services without charges. It caters to individuals needing currency exchange and international transfers, focusing on efficient and reliable financial solutions.
- Headquarters Chennai, India
- SectorsFinancial Services
- Email••••••••
- Website maharajaforex.com
- Legal Name Maharaja Forex Private Limited
- Date of Incorporation 16 Sep, 2004
- Jurisdiction Chennai.17, Tamil Nadu, India
- Annual Revenue₹59.08 Cr
FY 2025 · -13% YoY
- Net Profit₹6.8 Lakh
FY 2025 · 0% margin
- EBITDA₹16.8 Lakh
FY 2025 · 0% margin
Associated legal entities of Maharaja Forex
Maharaja Forex operates through Maharaja Forex Private 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 |
|---|---|---|---|---|---|---|---|
| Maharaja Forex Private Limited CIN U67190TN2004PTC054246 | Active | 16 Sep 2004 | Chennai, Tamil Nadu | ₹59.1 Cr | 2 | View details |
Products & Services of Maharaja Forex
Maharaja Forex offers a comprehensive portfolio of products and services, including Foreign Currency Exchange, Western Union Money Transfer, and Instant Money Exchange.
Service for exchanging foreign currencies at competitive rates
Facilitates international money transfers for recipients
Offers quick exchange of currencies and travelers cheques
Board of directors of Maharaja Forex Private Limited (Maharaja Forex)
Maharaja Forex Private Limited is the primary company behind Maharaja Forex. The board of Maharaja Forex Private Limited currently have 2 directors; the longest-serving is Veeravaghu Raja, appointed in 2004. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Veeravaghu Raja DIN 01588915 | Managing Director | 16 Sep 2004 | 22 yrs 1 mo | Maharaja Forex Private Limited |
| Senthilnathan DIN 09712656 | Director | 20 Aug 2022 | 4 yrs 2 mo | Maharaja Forex Private Limited |
Financials of Maharaja Forex
Figures of Maharaja Forex Private Limited, the primary company behind Maharaja Forex, for FY 2025. Revenue was ₹59.08 Cr (-13% year on year). Net profit was ₹6.8 Lakh (0% margin). EBITDA was ₹16.8 Lakh (0% margin). Revenue has grown at a compounded annual rate of +50% over three years and +5% over five years.
- ₹59.08 CrRevenue · FY 2025 · -13% YoY
- ₹6.8 LakhNet profit · 0% margin
- ₹16.8 LakhEBITDA · 0% margin
- ₹59.5 LakhPaid-up capital
- +50%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maharaja Forex Private Limited are on its company page.
Detailed financial statements for Maharaja 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
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Maharaja Forex
Maharaja Forex has 3 listed competitors in our database, 3 of them funded. They include BSE India, NSE India and MSEI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bseindia.com | 1875 | Mumbai, India | $42.77M | 937 | Equities and securities are traded on India's oldest stock exchange. | |
| nseindia.com | 1992 | Mumbai, India | $483.34M | 1,873 | Stock exchange services including equities and derivatives are offered. | |
| msei.in | 2008 | Mumbai, India | $59.86M | 108 | National-level stock exchange offering electronic trading platforms for various financial instruments, including equity, derivatives, currency, debt, and SME platforms |
Detailed competitors of Maharaja Forex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Maharaja Forex
The website of Maharaja Forex (maharajaforex.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 3.4% vs previous month
Websites whose visitors overlap most with Maharaja Forex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| prithvifx.com | 40% | 4.5K | #1,773,069 | View details |
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Frequently Asked Questions about Maharaja Forex
Maharaja Forex was founded in 2008.
Maharaja Forex is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Maharaja Forex, Maharaja Forex Private Limited, reported revenue of ₹59.08 Cr for FY 2025, down 13% year on year.
Maharaja Forex Pvt. Ltd. is a leading foreign exchange dealer authorized by the Reserve Bank of India as a Full Fledged Money Changer. It provides competitive rates for currencies and travelers cheques, along with Western Union money transfer services. The company operates from Chennai, offering doorstep services without charges. It caters to individuals needing currency exchange and international transfers, focusing on efficient and reliable financial solutions.
Maharaja Forex offers Foreign Currency Exchange, Western Union Money Transfer, and Instant Money Exchange.
Maharaja Forex operates through Maharaja Forex Private Limited.
The legal entities of Maharaja Forex currently have 2 directors, including Senthilnathan, Veeravaghu Raja.