Bhagwati Foreign Exchange Private Limited
About Bhagwati Foreign Exchange Private Limited
Data last updated:
Bhagwati Foreign Exchange Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 16 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67120PB2012PTC035945. Its GSTIN is 03AAFCB0575K1ZT (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.5 Lakh. It is led by directors Kuldip Kumar (Managing Director) and Rakesh Kumar Birla (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E.Q.431 Saidan Gate, Jalandhar, Punjab, India – 144001.
As per MCA filings, the company has satisfied charges of ₹3.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressE.Q.431 Saidan Gate, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Forex Services
- 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
- One PDF report, delivered after checkout
Business Activity of Bhagwati Foreign Exchange Private Limited
The main business activity of Bhagwati Foreign Exchange is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhagwati Foreign Exchange Private Limited FY 2025 filings available
Bhagwati Foreign Exchange Private Limited reported revenue of ₹4,405 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhagwati Foreign Exchange Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 89% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Bhagwati Foreign Exchange Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Bhagwati Foreign Exchange Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhagwati Foreign Exchange are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bhagwati Foreign Exchange Private Limited
Bhagwati Foreign Exchange has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Birla | Whole-Time Director | 16 Feb 2012 | 14 Years 8 Months | Current |
| Kuldip Kumar | Managing Director | 16 Feb 2012 | 14 Years 8 Months | Current |
Peer Comparison of Bhagwati Foreign Exchange Private Limited
Bhagwati Foreign Exchange Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sukhmani Forex Services Private Limited | ₹5,426 (FY 2025) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Stephens Financial Services Private Limited | ₹5,370 (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Sha & Sai Travels & Forex Private Limited | ₹5,016 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Priya Forex Private Limited | ₹4,870 (FY 2022) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Anand & Kheda Money Changers Association | ₹4,692 (FY 2020) | •••• | •••• | -83.0% | •••• | Anand, Gujarat, India |
| Bhagwati Foreign Exchange Private Limited this company | ₹4,405 (FY 2025) | •••• | •••• | -100.0% | •••• | Jalandhar, Punjab, India |
| A to Z Forex Private Limited | ₹4,306 (FY 2025) | •••• | •••• | -100.0% | •••• | Junagadh, Gujarat, India |
| Bactrak Private Limited | ₹4,108 (FY 2023) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
| Gak Exchange India Services Private Limited | ₹3,760 (FY 2024) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Blitz FX Private Limited | ₹3,150 (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Mankotia Forex Private Limited | ₹2,865 (FY 2025) | •••• | •••• | 8.0% | •••• | Punjab, India |
Peers are the five companies nearest above and the five nearest below Bhagwati Foreign Exchange by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhagwati Foreign Exchange Private Limited
Bhagwati Foreign Exchange Private Limited is audited by J S V & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J S V & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bhagwati Foreign Exchange Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhagwati Foreign Exchange Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2017 | Others | ₹3.8 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bhagwati Foreign Exchange Private Limited
Employment history and EPFO contributions of people linked to Bhagwati Foreign Exchange.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bhagwati Foreign Exchange Private Limited
Bhagwati Foreign Exchange Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Kuldip Kumar was appointed as Managing Director on 16 Feb 2012.
Credit Ratings, Litigation & Regulatory Alerts for Bhagwati Foreign Exchange Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bhagwati Foreign Exchange Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhagwati Foreign Exchange Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bhagwati Foreign Exchange Private Limited
Bhagwati Foreign Exchange has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCB0575K1ZT | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhagwati Foreign Exchange Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bhagwati Foreign Exchange Private Limited
Bhagwati Foreign Exchange is an active private limited company based in Jalandhar, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 16 February 2012 (14+ years old) and is registered under CIN U67120PB2012PTC035945.
Bhagwati Foreign Exchange has 2 current directors:
- Kuldip Kumar - Managing Director
- Rakesh Kumar Birla - Whole-Time Director
The GSTIN of Bhagwati Foreign Exchange is 03AAFCB0575K1ZT, registered in Punjab.
The CIN (Corporate Identification Number) of Bhagwati Foreign Exchange is U67120PB2012PTC035945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwati Foreign Exchange was incorporated on 16 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Bhagwati Foreign Exchange by revenue are Sukhmani Forex Services Private Limited, Stephens Financial Services Private Limited, Sha & Sai Travels & Forex Private Limited, Priya Forex Private Limited, Anand & Kheda Money Changers Association and 5 more, all in the BFSI industry (Money Exchange Services).
Kuldip Kumar was appointed as Managing Director on 16 Feb 2012. Rakesh Kumar Birla was appointed as Whole-Time Director on 16 Feb 2012.
The registered office of Bhagwati Foreign Exchange is at E.Q.431 Saidan Gate, Jalandhar, Punjab, India – 144001.
Bhagwati Foreign Exchange has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.5 Lakh.
Bhagwati Foreign Exchange operates in the financial services industry, in the forex services segment.
No. Bhagwati Foreign Exchange is not listed on any stock exchange. It is an unlisted company.