- Udyam number
- UDYAM-TN-12-0040835

Chambal Forex Private Limited
About Chambal Forex Private Limited
Data last updated:
Chambal Forex Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 02 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65990TN2018PTC123505. Its GSTIN is 33AAHCC6497P1ZW (Tamil Nadu).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Muthuraman and Govindaraj Dharmaraj.
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 23/2 Jawahar 2nd Street Opp:Mrp Kalyana Mahal S.S.Colony, Madurai, Tamil Nadu, India – 625010.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.08 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 0.1%) and EBITDA of ₹2.16 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 180% over three years and 10% over five years.
Chambal Forex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-12-0040835).
Company details
Recognitions & Rankings of Chambal Forex
Contact details
Chambal Forex Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address23/2 Jawahar 2nd Street Opp:Mrp Kalyana Mahal S.S.Colony, Madurai, Tamil Nadu, India – 625010
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Chambal 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 Chambal 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 Chambal Forex Private Limited, buy the company report.
Financials of Chambal Forex Private Limited
FY 2025 filings availableChambal Forex Private Limited reported revenue of ₹12.08 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 68% 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 | ₹2.16 Lakh | ||||
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| Net Profit (PAT) | ₹1.05 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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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Chambal Forex Private Limited, buy the company report.
Board of directors of Chambal Forex Private Limited
Chambal Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthuraman | Additional Director | 19 Apr 2025 | 1 Years 6 Months | Current |
| Govindaraj Dharmaraj | Additional Director | 11 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Chambal 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 |
|---|---|---|---|---|---|---|
| Sangat Money-Exchange Private Limited | ₹12.21 Cr (FY 2025) | -31.0% | New Delhi, Delhi, India | |||
| Aask Forex Private Limited | ₹12.17 Cr (FY 2025) | -54.0% | Delhi, India | |||
| Mukundapur Tour & Travels Private Limited | ₹12.13 Cr (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Shimmba Forex & Travels Private Limited | ₹12.11 Cr (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Chambal Forex Private Limitedthis company | ₹12.08 Cr (FY 2025) | ₹1.05 Lakh | 0.1% | -12.0% | Madurai, Tamil Nadu, India | |
| Pankhuri Enterprises Private Limited | ₹12.03 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Wadhawan Forex Private Limited | ₹12.02 Cr (FY 2025) | 225.0% | Punjab, India | |||
| Ratnamani Forex Private Limited | ₹11.94 Cr (FY 2024) | 311.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Chambal Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chambal 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 Chambal Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chambal Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCC6497P1ZW | Tamil Nadu | Active | 23 Jul 2018 |
To see the full GST registrations and return filing status of Chambal Forex Private Limited, buy the company report.
Recent activity
Chambal Forex Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Govindaraj Dharmaraj was appointed as Additional Director on 11 Jun 2025.
Frequently asked questions
Chambal Forex is an active private limited company based in Madurai, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 02 July 2018 (8+ years old) and is registered under CIN U65990TN2018PTC123505.
Chambal Forex has 2 current directors:
- Muthuraman - Additional Director
- Govindaraj Dharmaraj - Additional Director
The latest financial statements of Chambal 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 2019 are in the company report.
The GSTIN of Chambal Forex is 33AAHCC6497P1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Chambal Forex is U65990TN2018PTC123505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chambal Forex was incorporated on 02 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Chambal Forex by revenue are Sangat Money-Exchange Private Limited, Aask Forex Private Limited, Mukundapur Tour & Travels Private Limited, Shimmba Forex & Travels Private Limited, Pankhuri Enterprises Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Govindaraj Dharmaraj was appointed as Additional Director on 11 Jun 2025. Muthumani Manimaran ceased to be Director on 11 Jun 2025. Muthuraman was appointed as Additional Director on 19 Apr 2025. Chambal Forex has 6 board changes on record in total.
Yes, Chambal Forex is registered as an MSME under Udyam registration (number: UDYAM-TN-12-0040835).
The registered office of Chambal Forex is at 232 Jawahar 2nd Street Opp:Mrp Kalyana Mahal S.S.Colony, Madurai, Tamil Nadu, India – 625010.
Chambal Forex operates in the financial services industry, in the other financial intermediation segment.

