About Bhakar Forex Private Limited
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Bhakar Forex Private Limited is a private limited company based in Kurukshetra, Haryana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 10 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2017PTC066998. Its GSTIN is 06AAHCB0184E1Z1 (Haryana).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Krishan Kumar and Kapil Kumar.
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 Lic Road Gita Colony Opposite Wadhwa Tyres, Kurukshetra, Haryana, India – 136118.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.1 Cr, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹27,497 (net margin 0%) and EBITDA of ₹62,812 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhakarforex.com.
Company details
Contact details
Bhakar Forex Private Limited's registered office is in Kurukshetra, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressLic Road Gita Colony Opposite Wadhwa Tyres, Kurukshetra, Haryana, India – 136118
- IndustryFinancial Services, Forex Services
To see the full contact details of Bhakar Forex Private Limited, buy the company report.
- 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 Bhakar 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 Bhakar Forex Private Limited, buy the company report.
Financials of Bhakar Forex Private Limited
FY 2025 filings availableBhakar Forex Private Limited reported revenue of ₹22.1 Cr (up 132% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 132% growth in the latest year. EBITDA fell 56% in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹62,812 | ||||
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| Net Profit (PAT) | ₹27,497 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Bhakar Forex Private Limited, buy the company report.
Board of directors of Bhakar Forex Private Limited
Bhakar Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kumar | Director | 10 Jan 2017 | 9 Years 9 Months | Current |
| Kapil Kumar | Director | 10 Jan 2017 | 9 Years 9 Months | Current |
| Sunita Devi | Director | 08 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Bhakar Forex Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Arahant Forex & Holidays Private Limited | ₹22.36 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Bansal Forex Private Limited | ₹22.3 Cr (FY 2025) | -28.0% | Sirsa, Haryana, India | |||
| KCG Travels & Forex Private Limited | ₹22.16 Cr (FY 2023) | 13.0% | Nababhat, West Bengal, India | |||
| Bhakar Forex Private Limitedthis company | ₹22.1 Cr (FY 2024) | ₹27,497 | 0% | 132.0% | Kurukshetra, Haryana, India | |
| Jyoti Money Exchange Private Limited | ₹22.04 Cr (FY 2023) | 153.0% | New Delhi, Delhi, India | |||
| Genuine Travels Private Limited | ₹22 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Affordable Forex Private Limited | ₹21.97 Cr (FY 2025) | -13.0% | Bhopal, Madhya Pradesh, India | |||
| Rose India Tour Managers Private Limited | ₹21.88 Cr (FY 2024) | 54.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Bhakar Forex Private Limited, buy the company report.
Auditor
Bhakar Forex Private Limited is audited by RAKESH DHALL&ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH DHALL&ASSOCIATES | FY 2017 | 014637N |
Shareholding
The shareholding of Bhakar Forex Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Bhakar Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhakar 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 Bhakar Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhakar Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCB0184E1Z1 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhakar Forex Private Limited, buy the company report.
Recent activity
Bhakar Forex Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Sunita Devi was appointed as Director on 08 Aug 2020.
Frequently asked questions
Bhakar Forex is an active private limited company based in Kurukshetra, Haryana, India. The company works in forex services, within the financial services industry. It was incorporated on 10 January 2017 (9+ years old) and is registered under CIN U74999HR2017PTC066998.
Bhakar Forex has 3 current directors:
- Krishan Kumar - Director
- Kapil Kumar - Director
- Sunita Devi - Director
The latest financial statements of Bhakar 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 2017 are in the company report.
The GSTIN of Bhakar Forex is 06AAHCB0184E1Z1, registered in Haryana.
The CIN (Corporate Identification Number) of Bhakar Forex is U74999HR2017PTC066998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhakar Forex was incorporated on 10 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Bhakar Forex by revenue are Arahant Forex & Holidays Private Limited, Bansal Forex Private Limited, KCG Travels & Forex Private Limited, Jyoti Money Exchange Private Limited, Genuine Travels Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Sunita Devi was appointed as Director on 08 Aug 2020. Kapil Kumar was appointed as Director on 10 Jan 2017. Krishan Kumar was appointed as Director on 10 Jan 2017.
Bhakar Forex can be reached through the website bhakarforex.com. Its registered office is in Kurukshetra, Haryana, India.
The registered office of Bhakar Forex is at Lic Road Gita Colony Opposite Wadhwa Tyres, Kurukshetra, Haryana, India – 136118.
Bhakar Forex operates in the financial services industry, in the forex services segment.
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