About Vakharia Forex
Vakharia Forex is a Financial Services company. Forex services, currency exchange, and money transfers in Chennai. Its Indian entity Vakharia Forex Private Limited reported revenue of ₹6.44 Cr. Vakharia Forex offers products and services including Currency Exchange and Money Transfer Services. Its focus areas include Forex and Currency Exchange, International Money Exchange, Travel and Remittances and Remittance Services.
Company details
Vakharia Forex is regulated by the Reserve Bank of India and is known for providing Forex services to international travelers, including the buying and selling of foreign currencies and encashment of travelers cheques. Services are offered at competitive rates, with multi-currency travel cards and door-to-door options made available. The company is situated in Chennais strategic business area and acts as an agent for Western Union, MoneyGram, and RIA to handle money transfers. A team of experienced staff is utilized to address customer needs professionally, ensuring compliance with guidelines and efficient operations.
- SectorsFinancial Services
- Website vakharias.com
- Social X Facebook
- Legal Name Vakharia Forex Private Limited
- Date of Incorporation 11 Mar, 1993
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹6.44 Cr
FY 2025 · -23% YoY
- Indian entity net loss-₹19.6 Lakh
FY 2025 · -3% margin
- Indian entity EBITDA-₹18.4 Lakh
FY 2025 · -3% margin
Associated legal entities of Vakharia Forex
Vakharia Forex operates through Vakharia 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 |
|---|---|---|---|---|---|---|---|
| Vakharia Forex Private Limited CIN U52599TN1993PTC024591 | Active | 11 Mar 1993 | Chennai, Tamil Nadu | ₹6.4 Cr | 2 | View details |
Products & Services of Vakharia Forex
Vakharia Forex offers a comprehensive portfolio of products and services, including Currency Exchange and Money Transfer Services.
Exchange of foreign currencies and encashment of travelers' cheques is conducted as per RBI guidelines
Money transfers are facilitated through agents like Western Union, MoneyGram, and RIA for recipients in India
Board of directors of Vakharia Forex Private Limited (Vakharia Forex)
Vakharia Forex Private Limited is the primary company behind Vakharia Forex. The board of Vakharia Forex Private Limited currently have 2 directors; the longest-serving is Vijay Kumar Vakharia Pratik, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijay Kumar Vakharia Pratik DIN 07752006 | Director | 01 Mar 2017 | 9 yrs 8 mo | Vakharia Forex Private Limited |
| Mythili DIN 09052965 | Additional Director | 04 Feb 2021 | 5 yrs 9 mo | Vakharia Forex Private Limited |
Financials of Vakharia Forex
Figures of Vakharia Forex Private Limited, the primary company behind Vakharia Forex, for FY 2025. Revenue was ₹6.44 Cr (-23% year on year). Net loss was -₹19.6 Lakh (-3% margin). EBITDA was -₹18.4 Lakh (-3% margin). Revenue has grown at a compounded annual rate of +52% over three years and 0% over five years.
- ₹6.44 CrRevenue · FY 2025 · -23% YoY
- -₹19.6 LakhNet loss · -3% margin
- -₹18.4 LakhEBITDA · -3% margin
- ₹50 LakhPaid-up capital
- +52%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vakharia Forex Private Limited are on its company page.
Detailed financial statements for Vakharia 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.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Vakharia Forex
The primary company behind Vakharia Forex, Vakharia Forex Private Limited, reported revenue of ₹6.44 Cr for FY 2025, down 23% year on year.
Vakharia Forex is regulated by the Reserve Bank of India and is known for providing Forex services to international travelers, including the buying and selling of foreign currencies and encashment of travelers cheques. Services are offered at competitive rates, with multi-currency travel cards and door-to-door options made available. The company is situated in Chennais strategic business area and acts as an agent for Western Union, MoneyGram, and RIA to handle money transfers. A team of experienced staff is utilized to address customer needs professionally, ensuring compliance with guidelines and efficient operations.
Vakharia Forex offers Currency Exchange and Money Transfer Services.
Vakharia Forex operates through Vakharia Forex Private Limited.
The legal entities of Vakharia Forex currently have 2 directors, including Mythili, Vijay Kumar Vakharia Pratik.