
Bengal Forex Private Limited
About Bengal Forex Private Limited
Data last updated:
Bengal Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 16 September 2022.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67100WB2022PTC257219.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Sujoy Karmakar and Sanjoy Nandi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 Noormal Lohia Lane 3rd Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.82 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Lakh (net margin 0.1%) and EBITDA of ₹4.12 Lakh (EBITDA margin 0.1%).
Company details
Contact details
Bengal Forex Private Limited's registered office is in Kolkata, West Bengal.
- Registered Address14 Noormal Lohia Lane 3rd Floor, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bengal Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Bengal Forex Private Limited, buy the company report.
Financials of Bengal Forex Private Limited
FY 2025 filings availableBengal Forex Private Limited reported revenue of ₹30.82 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA rose 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.12 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.05 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.1% | ||
| Net Profit Margin | 0.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Bengal Forex Private Limited, buy the company report.
Board of directors of Bengal Forex Private Limited
Bengal Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujoy Karmakar Also directs: Karadhi Associates LLP | Director | 22 Oct 2024 | 2 Years 0 Months | Current |
| Sanjoy Nandi | Director | 22 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Bengal Forex Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alfe Sani Forex Private Limited | ₹31.26 Cr (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Bengal Forex Private Limitedthis company | ₹30.82 Cr (FY 2025) | ₹3.05 Lakh | 0.1% | -12.0% | Kolkata, West Bengal, India | |
| Manoj Forex and Ornaments Private Limited | ₹30.8 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Flygate Hina Forex & Travels Private Limited | ₹30.77 Cr (FY 2020) | Kolkata, West Bengal, India | ||||
| S. K. Forex (India) Private Limited | ₹30.51 Cr (FY 2024) | 61.0% | Mumbai, Maharashtra, India | |||
| Dey Forex Private Limited | ₹30.37 Cr (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Sri Nidhi Forex Private Limited | ₹30.14 Cr (FY 2025) | -23.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bengal Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bengal Forex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bengal Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bengal Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bengal Forex Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Debraj Saha ceased to be Director on 29 Oct 2024.
Frequently asked questions
Bengal Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 16 September 2022 (4+ years old) and is registered under CIN U67100WB2022PTC257219.
Bengal Forex has 2 current directors:
- Sujoy Karmakar - Director
- Sanjoy Nandi - Director
The latest financial statements of Bengal Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Bengal Forex is U67100WB2022PTC257219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bengal Forex was incorporated on 16 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Bengal Forex by revenue are Alfe Sani Forex Private Limited, Manoj Forex and Ornaments Private Limited, Flygate Hina Forex & Travels Private Limited, S. K. Forex (India) Private Limited, Dey Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Debraj Saha ceased to be Director on 29 Oct 2024. Sabita Agarwal ceased to be Director on 29 Oct 2024. Sanjoy Nandi was appointed as Director on 22 Oct 2024. Bengal Forex has 4 board changes on record in total.
The registered office of Bengal Forex is at 14 Noormal Lohia Lane 3rd Floor, Kolkata, West Bengal, India – 700007.
Bengal Forex operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Bengal Forex can be reached at its registered office: 14 Noormal Lohia Lane 3rd Floor, Kolkata, West Bengal, India – 700007.
Bengal Forex is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.