Chawla Forex Private Limited
About Chawla Forex Private Limited
Data last updated:
Chawla Forex Private Limited is a private limited company based in Kapurthala, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67100PB2017PTC046466. Its GSTIN is 03AAGCC9999P1ZN (Punjab).
The company has an authorised share capital of ₹56 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors including Babli Chawla and Shikha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Jalandhar Road Near Bus Stand, Kapurthala, Punjab, India – 144601.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.25 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹70,757 (net margin 0%) and EBITDA of ₹9.34 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressJalandhar Road Near Bus Stand, Kapurthala, Punjab, India – 144601
- IndustryFinancial Services, Forex Services
- 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
- One PDF report, delivered after checkout
Business Activity of Chawla Forex Private Limited
The main business activity of Chawla Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chawla Forex Private Limited FY 2024 filings available
Chawla Forex Private Limited reported revenue of ₹24.25 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chawla Forex Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 44% 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 of Chawla Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70,757 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Chawla Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chawla Forex are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Chawla Forex Private Limited
Chawla Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mehhta Money Changer Private Limited | ₹24.53 Cr (FY 2024) | •••• | •••• | 101.0% | •••• | Kurukshetra, Haryana, India |
| Suniti Tours and Travels Private Limited | ₹24.43 Cr (FY 2024) | •••• | •••• | 124.0% | •••• | Kolkata, West Bengal, India |
| Sam Money Changers Private Limited | ₹24.35 Cr (FY 2024) | •••• | •••• | -61.0% | •••• | New Delhi, Delhi, India |
| JSR Forex Private Limited | ₹24.31 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Gurugram, Haryana, India |
| Rudra Forex Private Limited | ₹24.31 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Chawla Forex Private Limited this company | ₹24.25 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kapurthala, Punjab, India |
| Jet Flow Forex and Travels Private Limited | ₹24.11 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
| G.C. Money Changer Private Limited | ₹24.1 Cr (FY 2024) | •••• | •••• | 1061.0% | •••• | Kolkata, West Bengal, India |
| Nancy Forex Limited | ₹24.09 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Thane, Maharashtra, India |
| Paper Forex Private Limited | ₹24.06 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Indore, Madhya Pradesh, India |
| R T N Forex Private Limited | ₹24.05 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Chawla Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chawla Forex Private Limited
Chawla Forex Private Limited is audited by GURPREET SINGH MANN AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GURPREET SINGH MANN AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chawla Forex Private Limited
Chawla Forex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babli Chawla | Director | 16 May 2017 | 9 Years 4 Months | Current |
| Shikha | Director | 16 May 2017 | 9 Years 4 Months | Current |
| Deepak Chawla | Director | 16 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Chawla Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chawla Forex Private Limited
Chawla Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Chawla Forex Private Limited
Employment history and EPFO contributions of people linked to Chawla Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Chawla Forex Private Limited
Chawla Forex Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Vikas ceased to be Additional Director on 20 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Chawla Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chawla Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chawla Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chawla Forex Private Limited
Chawla Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCC9999P1ZN | Punjab | Active | 28 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chawla Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chawla Forex Private Limited
Chawla Forex is an active private limited company based in Kapurthala, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U67100PB2017PTC046466.
Chawla Forex reported revenue of ₹24.25 Cr for FY 2025 (down 16% YoY).
Chawla Forex has 3 current directors:
- Babli Chawla - Director
- Shikha - Director
- Deepak Chawla - Director
Chawla Forex reported a net profit of ₹70,757 (net margin 0%) and EBITDA of ₹9.34 Lakh (EBITDA margin 0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chawla Forex is -38% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chawla Forex is 03AAGCC9999P1ZN, registered in Punjab.
The CIN (Corporate Identification Number) of Chawla Forex is U67100PB2017PTC046466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chawla Forex was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Chawla Forex by revenue are Mehhta Money Changer Private Limited, Suniti Tours and Travels Private Limited, Sam Money Changers Private Limited, JSR Forex Private Limited, Rudra Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Vikas ceased to be Additional Director on 20 Aug 2018. Aman Arora ceased to be Additional Director on 10 Jul 2018. Babli Chawla was appointed as Director on 16 May 2017. Chawla Forex has 5 board changes on record in total.
The registered office of Chawla Forex is at Jalandhar Road Near Bus Stand, Kapurthala, Punjab, India – 144601.