About Capital Forex Services Private Limited
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Capital Forex Services Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 02 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2007PTC050427. Its GSTIN is 24AADCC0495P1ZD (Gujarat).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Yashesh Madhusudan Kothari and Bhavikkumar Rameshchandra Patel.
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.34 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹4.97 Lakh (net margin -53.2%) and EBITDA of -₹4.82 Lakh (EBITDA margin -51.7%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 69% 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 capiforex.com.
Company details
Contact details
Capital Forex Services Private Limited's registered office is in Gandhinagar, Gujarat. Its website is capiforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 155 1st Floor Super Mall – 2 Infocity Townsh, Ip, Gandhinagar, Gujarat, India – 382007
- IndustryFinancial Services, Forex Services
To see the full contact details of Capital Forex Services 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 Capital Forex Services 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 Capital Forex Services Private Limited, buy the company report.
Financials of Capital Forex Services Private Limited
FY 2025 filings availableCapital Forex Services Private Limited reported revenue of ₹9.34 Lakh (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 88% fall 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 | -₹4.82 Lakh | ||||
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| Net Profit (PAT) | -₹4.97 Lakh | ||||
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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 | -51.7% | ||||
| Net Profit Margin | -53.2% | ||||
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To see the full financial statements and ratios of Capital Forex Services Private Limited, buy the company report.
Board of directors of Capital Forex Services Private Limited
Capital Forex Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashesh Madhusudan Kothari Also directs: Call for Solution India Private Limited | Director | 02 Apr 2007 | 19 Years 6 Months | Current |
| Bhavikkumar Rameshchandra Patel Also directs: Call for Solution India Private Limited | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
Peer comparison
Capital Forex Services Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Forex Services, 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 |
|---|---|---|---|---|---|---|
| Dheva Forex Private Limited | ₹10.07 Lakh (FY 2023) | 149.0% | Chennai, Tamil Nadu, India | |||
| Hepriko Forex Private Limited | ₹10.02 Lakh (FY 2025) | -38.0% | Ahmedabad, Gujarat, India | |||
| Nirankar Forex Private Limited | ₹9.53 Lakh (FY 2024) | 37.0% | Ajmer, Rajasthan, India | |||
| Nagvekar Forex Private Limited | ₹9.53 Lakh (FY 2023) | 41.0% | Mapusa Bardez, Goa, India | |||
| Capital Forex Services Private Limitedthis company | ₹9.34 Lakh (FY 2025) | -₹4.97 Lakh | -53.2% | -88.0% | Gandhinagar, Gujarat, India | |
| Blossom Forex Private Limited | ₹9.12 Lakh (FY 2025) | -69.0% | Chennai, Tamil Nadu, India | |||
| Ambuja Forex Private Limited | ₹8.64 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Capital Forex Services Private Limited, buy the company report.
Auditor
Capital Forex Services Private Limited is audited by RAMANI & VASOYA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANI & VASOYA | FY 2019 | 135828W |
Shareholding
The shareholding of Capital Forex Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Capital Forex Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Capital Forex Services 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 Capital Forex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Capital Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC0495P1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Capital Forex Services Private Limited, buy the company report.
Recent activity
Capital Forex Services Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Madhusudan Jamnadas Kothari ceased to be Director on 08 Apr 2024.
Frequently asked questions
Capital Forex Services is an active private limited company based in Gandhinagar, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 02 April 2007 (19+ years old) and is registered under CIN U67190GJ2007PTC050427.
Capital Forex Services has 2 current directors:
- Yashesh Madhusudan Kothari - Director
- Bhavikkumar Rameshchandra Patel - Director
The latest financial statements of Capital Forex Services 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 2015 are in the company report.
The GSTIN of Capital Forex Services is 24AADCC0495P1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Capital Forex Services is U67190GJ2007PTC050427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Capital Forex Services was incorporated on 02 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Capital Forex Services by revenue are Dheva Forex Private Limited, Hepriko Forex Private Limited, Nirankar Forex Private Limited, Nagvekar Forex Private Limited, Blossom Forex Private Limited and 1 more, all in the BFSI industry (Forex Services, Money Exchange Services), with the same principal business activity (other financial activities).
Madhusudan Jamnadas Kothari ceased to be Director on 08 Apr 2024. Beena Madhusudan Kothari ceased to be Director on 16 Feb 2015. Sheetalben Yashesh Kothari ceased to be Director on 16 Feb 2015. Capital Forex Services has 7 board changes on record in total.
Capital Forex Services can be reached through the website capiforex.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Capital Forex Services is at Shop No. 155 1st Floor Super Mall – 2 Infocity Townsh, Ip, Gandhinagar, Gujarat, India – 382007.
Capital Forex Services operates in the financial services industry, in the forex services segment.
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