Biswas Forex Private Limited
About Biswas Forex Private Limited
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Biswas Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 26 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65990WB2017PTC222922. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Piyali Poddar and Ashis Kumar Biswas.
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 67A Surendra Nath Banerjee Road Ground Floor, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.56 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹80,987 (net margin 0%) and EBITDA of ₹3.71 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 791% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Biswas Forex Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address67A Surendra Nath Banerjee Road Ground Floor, Kolkata, West Bengal, India – 700014
- IndustryFinancial Services, Forex Services
To see the full contact details of Biswas 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 Biswas Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Biswas Forex Private Limited, buy the company report.
Financials of Biswas Forex Private Limited
FY 2025 filings availableBiswas Forex Private Limited reported revenue of ₹17.56 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 27% fall in the latest year. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.71 Lakh | ||||
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| Net Profit (PAT) | ₹80,987 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Biswas Forex Private Limited, buy the company report.
Board of directors of Biswas Forex Private Limited
Biswas Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyali Poddar | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
| Ashis Kumar Biswas | Director | 26 Sep 2017 | 9 Years 0 Months | Current |
Peer comparison
Biswas Forex Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nakoda Forex Private Limited | ₹17.82 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Bose Forex Private Limited | ₹17.81 Cr (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| Trishan Forex Private Limited | ₹17.77 Cr (FY 2024) | 38.0% | Kolkata, West Bengal, India | |||
| Biswas Forex Private Limitedthis company | ₹17.56 Cr (FY 2025) | ₹80,987 | 0% | -27.0% | Kolkata, West Bengal, India | |
| Supertrust Forex Private Limited | ₹17.47 Cr (FY 2024) | 8.0% | Noida, Uttar Pradesh, India | |||
| Gatimaan Tours & Travels Private Limited | ₹17.46 Cr (FY 2025) | -55.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Biswas Forex Private Limited, buy the company report.
Auditor
Biswas Forex Private Limited is audited by SRIVASTAVA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIVASTAVA & ASSOCIATES | FY 2019 | 328467E |
Shareholding
The shareholding of Biswas Forex Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Biswas Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Biswas 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 Biswas Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Biswas Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Biswas Forex Private Limited, buy the company report.
Recent activity
Biswas Forex Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Abir Kumar Biswas ceased to be Managing Director on 31 Jul 2023.
Frequently asked questions
Biswas Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 26 September 2017 (9+ years old) and is registered under CIN U65990WB2017PTC222922.
Biswas Forex has 2 current directors:
- Piyali Poddar - Director
- Ashis Kumar Biswas - Director
The latest financial statements of Biswas 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 2018 are in the company report.
No. Biswas Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Biswas Forex is U65990WB2017PTC222922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Biswas Forex was incorporated on 26 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Biswas Forex by revenue are Nakoda Forex Private Limited, Bose Forex Private Limited, Trishan Forex Private Limited, Supertrust Forex Private Limited, Gatimaan Tours & Travels Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Abir Kumar Biswas ceased to be Managing Director on 31 Jul 2023. Piyali Poddar was appointed as Director on 31 Jul 2023. Ashis Kumar Biswas was appointed as Director on 26 Sep 2017.
The registered office of Biswas Forex is at 67A Surendra Nath Banerjee Road Ground Floor, Kolkata, West Bengal, India – 700014.
Biswas Forex operates in the financial services industry, in the forex services segment.
The compliance status of Biswas Forex is compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.