MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0234505
Bys Fin and Forex Private Limited
Bys Fin and Forex Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11,664
▼ 98% YoY
Net loss · FY 2023
₹1.01 Lakh
Latest filing
EBITDA · FY 2023
-₹97,006
Latest filing
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹26 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Bys Fin and Forex Private Limited
Data last updated:
Bys Fin and Forex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the forex services segment of the financial services sector. It was incorporated on 22 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67110KA2012PTC065476. Its GSTIN is 29AAFCB3218D1Z0 (Karnataka).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Parmanand Jagannath Shukla and Sanjeeva Swami Gowda.
Its last annual general meeting (AGM) was held on 15 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 202 2nd Floor Shreeji Apartments 5th Cross Gandhinagar, Bangalore, Karnataka, India – 560009.
As per the financials filed for FY 2023, the company reported a revenue of ₹11,664, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Lakh and EBITDA of -₹97,006. Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 74% over five years.
Bys Fin and Forex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0234505). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67110KA2012PTC065476
Registration Number 065476
Incorporation Date 22 August 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0234505
Recognitions & Rankings of Bys Fin and Forex
Contact details
Bys Fin and Forex Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 202 2nd Floor Shreeji Apartments 5th Cross Gandhinagar, Bangalore, Karnataka, India – 560009
- IndustryFinancial Services, Forex Services
To see the full contact details of Bys Fin and Forex Private Limited, buy the company report.
Comprehensive company report
Bys Fin and Forex Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Bys Fin and 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 Bys Fin and Forex Private Limited, buy the company report.
Financials of Bys Fin and Forex Private Limited
FY 2023 filings availableBys Fin and Forex Private Limited reported revenue of ₹11,664 (down 98% YoY) for FY 2023.
Revenue · FY 2023
₹11,664 ▼ 98%
Net loss · FY 2023
₹1.01 Lakh
EBITDA · FY 2023
-₹97,006
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 88%
5 years · compounded
▼ 74%
EBITDA CAGR growth
1 year
▼ 376%
3 years · compounded
▼ 55%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 98% fall in the latest year. EBITDA fell 376% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹97,006 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | |||||
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To see the full financial statements and ratios of Bys Fin and Forex Private Limited, buy the company report.
Board of directors of Bys Fin and Forex Private Limited
Bys Fin and Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeeva Swami Gowda | Additional Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Parmanand Jagannath Shukla Also directs: Ananya Aditi Nidhi Limited | Director | 30 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Bys Fin and Forex Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kavs Forex Private Limited | ₹15,710 (FY 2025) | -100.0% | Delhi, India | |||
| P S Forex and Travels Private Limited | ₹15,450 (FY 2024) | 53.0% | New Delhi, Delhi, India | |||
| Griffin Forex Private Limited | ₹14,100 (FY 2022) | -100.0% | Mumbai, Maharashtra, India | |||
| Bys Fin and Forex Private Limitedthis company | ₹11,664 (FY 2023) | -₹1.01 Lakh | -98.0% | Bangalore, Karnataka, India | ||
| Kitkat Forex Private Limited | ₹11,421 (FY 2025) | 11.0% | Ropar, Punjab, India |
To see the full peer comparison of Bys Fin and Forex Private Limited, buy the company report.
Auditor
Bys Fin and Forex Private Limited is audited by E S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E S & ASSOCIATES | FY 2019 | 011236S |
Shareholding
The shareholding of Bys Fin and Forex Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bys Fin and Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bys Fin and 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 Bys Fin and Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bys Fin and Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB3218D1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bys Fin and Forex Private Limited, buy the company report.
Recent activity
Bys Fin and Forex Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Sanjeeva Swami Gowda was appointed as Additional Director on 05 Aug 2022.
AGM
Bys Fin And Forex Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.
Filing
Bys Fin And Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Sanjeeva Swami Gowda was appointed as Additional Director.
Ceased
Balasubramaniam Umadevi Partal ceased to be Director.
Ceased
Partal Amarendra Balasubramaniam ceased to be Director.
Appointed
Parmanand Jagannath Shukla was appointed as Director.
Ceased
Kokkalemada Motaiah Yadukumar ceased to be Director.
Ceased
Sandhya Ganapathy Maruvanda ceased to be Director.
Incorporation
22 Aug 2012
Bys Fin And Forex Private Limited was registered on 22 Aug 2012 with Roc Bangalore & aged 14 years 2 months as per MCA records.
Frequently asked questions
Bys Fin and Forex is an active private limited company based in Bangalore, Karnataka, India. The company works in forex services, within the financial services industry. It was incorporated on 22 August 2012 (14+ years old) and is registered under CIN U67110KA2012PTC065476.
Bys Fin and Forex has 2 current directors:
- Sanjeeva Swami Gowda - Additional Director
- Parmanand Jagannath Shukla - Director
The latest financial statements of Bys Fin and Forex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bys Fin and Forex is 29AAFCB3218D1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Bys Fin and Forex is U67110KA2012PTC065476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bys Fin and Forex was incorporated on 22 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bys Fin and Forex by revenue are Kavs Forex Private Limited, P S Forex and Travels Private Limited, Griffin Forex Private Limited, Kitkat Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Sanjeeva Swami Gowda was appointed as Additional Director on 05 Aug 2022. Balasubramaniam Umadevi Partal ceased to be Director on 31 Jul 2022. Partal Amarendra Balasubramaniam ceased to be Director on 31 Jul 2022. Bys Fin and Forex has 6 board changes on record in total.
Yes, Bys Fin and Forex is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0234505).
The registered office of Bys Fin and Forex is at Flat No. 202 2nd Floor Shreeji Apartments 5th Cross Gandhinagar, Bangalore, Karnataka, India – 560009.
Bys Fin and Forex operates in the financial services industry, in the forex services segment.
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