Chetan Forex Private Limited
About Chetan Forex Private Limited
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Chetan Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 04 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2018PTC310290. Its GSTIN is 27AAHCC6098A1ZN (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Chetan Parmar Kamlesh and Aruna Kamlesh Parmar.
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 Plot 6 – 7 Prabhu Kunj (Khar) Premises 5th Road Near Hotel Jewel Palace Khar, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.94 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹91,391 (net margin 0.1%) and EBITDA of ₹1.23 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 18% over five years.
Company details
Contact details
Chetan Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot 6 – 7 Prabhu Kunj (Khar) Premises 5th Road Near Hotel Jewel Palace Khar, Mumbai, Maharashtra, India – 400052
- IndustryFinancial Services, Forex Services
To see the full contact details of Chetan 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 Chetan 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 Chetan Forex Private Limited, buy the company report.
Financials of Chetan Forex Private Limited
FY 2025 filings availableChetan Forex Private Limited reported revenue of ₹11.94 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 9% 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 | ₹1.23 Lakh | ||||
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| Net Profit (PAT) | ₹91,391 | ||||
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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 | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Chetan Forex Private Limited, buy the company report.
Board of directors of Chetan Forex Private Limited
Chetan Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Parmar Kamlesh | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
| Aruna Kamlesh Parmar | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Chetan Forex Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| LKPS Forex Private Limited | ₹12.05 Cr (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Chetan Forex Private Limitedthis company | ₹11.94 Cr (FY 2025) | ₹91,391 | 0.1% | -19.0% | Mumbai, Maharashtra, India | |
| Om Sadashiv Forex & Travels Private Limited | ₹11.91 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Square Forex Private Limited | ₹11.86 Cr (FY 2025) | -14.0% | Mumba, Maharashtra, India |
To see the full peer comparison of Chetan Forex Private Limited, buy the company report.
Auditor
Chetan Forex Private Limited is audited by Nimesh B. Parekh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nimesh B. Parekh & Co. | FY 2023 | 137504W |
Shareholding
The shareholding of Chetan Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chetan Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chetan 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 Chetan Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chetan Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC6098A1ZN | Maharashtra | Active | 11 Oct 2018 |
To see the full GST registrations and return filing status of Chetan Forex Private Limited, buy the company report.
Recent activity
Chetan Forex Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Aruna Kamlesh Parmar was appointed as Director on 04 Jun 2018.
Frequently asked questions
Chetan Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 04 June 2018 (8+ years old) and is registered under CIN U67190MH2018PTC310290.
Chetan Forex has 2 current directors:
- Chetan Parmar Kamlesh - Director
- Aruna Kamlesh Parmar - Director
The latest financial statements of Chetan 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 Chetan Forex is 27AAHCC6098A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Chetan Forex is U67190MH2018PTC310290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chetan Forex was incorporated on 04 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chetan Forex by revenue are LKPS Forex Private Limited, Om Sadashiv Forex & Travels Private Limited, Square Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Aruna Kamlesh Parmar was appointed as Director on 04 Jun 2018. Chetan Parmar Kamlesh was appointed as Director on 04 Jun 2018.
The registered office of Chetan Forex is at Plot 6 – 7 Prabhu Kunj Khar Premises 5th Road Near Hotel Jewel Palace Khar, Mumbai, Maharashtra, India – 400052.
Chetan Forex operates in the financial services industry, in the forex services segment.
Chetan Forex can be reached at its registered office: Plot 6 – 7 Prabhu Kunj Khar Premises 5th Road Near Hotel Jewel Palace Khar, Mumbai, Maharashtra, India – 400052.