About Spectra Forex
Spectra Forex offers products and services including Foreign Currency Notes and Prepaid Forex Cards.
- SectorsFinancial Services
- Email••••••••
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- Legal Name Spectra Forex Pvt. Ltd
- Date of Incorporation 08 Nov, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹15.87 Cr
FY 2025 · -30% YoY
- Net Profit₹2.6 Lakh
FY 2025 · 0% margin
- EBITDA₹4.1 Lakh
FY 2025 · 0% margin
Associated legal entities of Spectra Forex
Spectra Forex operates through Spectra 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 |
|---|---|---|---|---|---|---|---|
| Spectra Forex Private Limited CIN U67100MH2013PTC249922 | Active | 08 Nov 2013 | Mumbai, Maharashtra | ₹15.9 Cr | – | 2 | View details |
Products & Services of Spectra Forex
Spectra Forex offers a comprehensive portfolio of products and services, including Foreign Currency Notes and Prepaid Forex Cards.
Foreign currency notes are exchanged for personal and business travel purposes through Spectra Forex's platform.
Prepaid forex cards are provided for international transactions and are based on inter-bank rates.
Board of directors of Spectra Forex Private Limited (Spectra Forex)
Spectra Forex Private Limited is the primary company behind Spectra Forex. The board of Spectra Forex Private Limited currently have 2 directors; the longest-serving is Meet Narendra Bhanushali, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Meet Narendra Bhanushali DIN 07577383 | Director | 27 Jul 2016 | 10 yrs 2 mo | Spectra Forex Private Limited |
| Sanjeevkumar Davinderkumar Jain DIN 09179176 | Director | 25 May 2021 | 5 yrs 4 mo | Spectra Forex Private Limited |
Financials of Spectra Forex
Figures of Spectra Forex Private Limited, the primary company behind Spectra Forex, for FY 2025. Revenue was ₹15.87 Cr (-30% year on year). Net profit was ₹2.6 Lakh (0% margin). EBITDA was ₹4.1 Lakh (0% margin). Revenue has grown at a compounded annual rate of +77% over three years and +4% over five years.
- ₹15.87 CrRevenue · FY 2025 · -30% YoY
- ₹2.6 LakhNet profit · 0% margin
- ₹4.1 LakhEBITDA · 0% margin
- ₹55 LakhPaid-up capital
- +77%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spectra Forex Private Limited are on its company page.
Detailed financial statements for Spectra 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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Similar companies to Spectra Forex
10 companies that operate in the same segment as Spectra Forex (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
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Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
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Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Spectra Forex
The primary company behind Spectra Forex, Spectra Forex Private Limited, reported revenue of ₹15.87 Cr for FY 2025, down 30% year on year.
Spectra Forex is identified as Indias e-commerce platform for retail foreign exchange and international money transfers. A full suite of products, such as currency notes, prepaid travel cards, and wire transfers, is offered in an affordable and user-friendly manner. These services are utilized for activities including personal travel, business trips, education, and support for relatives abroad. Emphasis is placed on client satisfaction, with a vision of achieving excellence in the field and a mission centered on reliable operations.
Spectra Forex offers Foreign Currency Notes and Prepaid Forex Cards.
Spectra Forex operates through Spectra Forex Private Limited.
The legal entities of Spectra Forex currently have 2 directors, including Sanjeevkumar Davinderkumar Jain, Meet Narendra Bhanushali.