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Chiplun Foreign Exchange Private Limited - financial services in Chiplun, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹56.78 Lakh
▲ 5373% YoY
Net loss · FY 2024
₹23,498
Net margin -0.4%
EBITDA · FY 2024
-₹9,782
EBITDA margin -0.2%
Authorised capital
₹27 Lakh
Registered with MCA
Paid-up capital
₹27 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Chiplun Foreign Exchange Private Limited
Data last updated:
Chiplun Foreign Exchange Private Limited is a private limited company based in Chiplun, Maharashtra, India, recognised as a startup by DPIIT. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 02 February 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2022PTC375988.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Milind Madhukar Sawant and Sushil Shashikant Takale.
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 Shop No.9 Sahara Palacetal – Chiplun Ratnagiri, Maharashtra, India – 415605.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23,498 (net margin -0.4%) and EBITDA of -₹9,782 (EBITDA margin -0.2%).
The company is associated with 1 brand: Chiplun Foreign Exchange.
For more details, the company can be reached via its website chiplunforex.com.
Company details
CIN U67110MH2022PTC375988
Registration Number 375988
Incorporation Date 02 February 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Milind Madhukar Sawant Director Sushil Shashikant Takale Director Prasad Suryakant Sawant Director Recognitions & Rankings of Chiplun Foreign Exchange
Contact details
Chiplun Foreign Exchange Private Limited's registered office is in Chiplun, Maharashtra.
- Registered AddressShop No.9 Sahara Palacetal – Chiplun Ratnagiri, Maharashtra, India – 415605
- IndustryFinancial Services, Auxiliary To Financial Intermediatory, Financial Market Administration
Comprehensive company report
Chiplun Foreign Exchange 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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Brands
Chiplun Foreign Exchange operates one associated brand: Chiplun Foreign Exchange. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers foreign currency exchange services to individuals and businesses. | chiplunforex.com |
Business activity
The main business activity of Chiplun Foreign Exchange 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 Chiplun Foreign Exchange Private Limited, buy the company report.
Financials of Chiplun Foreign Exchange Private Limited
FY 2025 filings availableChiplun Foreign Exchange Private Limited reported revenue of ₹56.78 Lakh (up 5373% YoY) for FY 2024.
Revenue · FY 2024
₹56.78 Lakh ▲ 5373%
Net loss · FY 2024
₹23,498 margin -0.4%
EBITDA · FY 2024
-₹9,782 margin -0.2%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹9,782 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹23,498 | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.2% | ||
| Net Profit Margin | -0.4% | ||
| 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 | |||
To see the full financial statements and ratios of Chiplun Foreign Exchange Private Limited, buy the company report.
Board of directors of Chiplun Foreign Exchange Private Limited
Chiplun Foreign Exchange has 3 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 |
|---|---|---|---|---|
| Milind Madhukar Sawant | Director | 30 Dec 2022 | 3 Years 10 Months | Current |
| Sushil Shashikant Takale | Director | 30 Dec 2022 | 3 Years 10 Months | Current |
| Prasad Suryakant Sawant | Director | 02 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Chiplun Foreign Exchange Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Maradona Holdings Pvt.Ltd. | ₹56.85 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Dhruv Devansh Investment and Finance Private Limited | ₹56.82 Lakh (FY 2017) | 500.0% | Delhi, India | |||
| Coral Merchandise Private Limited | ₹56.82 Lakh (FY 2018) | -14.0% | Kolkata, West Bengal, India | |||
| Shree Krishna Finbiz Private Limited | ₹56.81 Lakh (FY 2018) | -14.0% | New Delhi, Delhi, India | |||
| Raipur Resources Pvt. Ltd. | ₹56.78 Lakh (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Chiplun Foreign Exchange Private Limitedthis company | ₹56.78 Lakh (FY 2024) | -₹23,498 | -0.4% | 5373.0% | Chiplun, Maharashtra, India | |
| Ashiba Finance Private Limited | ₹56.78 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Alv Microcare Foundation | ₹56.78 Lakh (FY 2024) | 193.0% | New Delhi, Delhi, India | |||
| Divya Management Ltd | ₹56.75 Lakh (FY 2019) | 17.0% | Kolkata, West Bengal, India | |||
| Starwise Infrabuild Private Limited | ₹56.75 Lakh (FY 2017) | 8584.0% | Kolkata, West Bengal, India | |||
| VMC Consulting Private Limited | ₹56.73 Lakh (FY 2023) | 743.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Chiplun Foreign Exchange Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chiplun Foreign Exchange 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 Chiplun Foreign Exchange Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Chiplun Foreign Exchange Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chiplun Foreign Exchange Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Milind Madhukar Sawant ceased to be Additional Director on 29 Dec 2023.
AGM
Chiplun Foreign Exchange Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chiplun Foreign Exchange Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Milind Madhukar Sawant ceased to be Additional Director.
Ceased
Sushil Shashikant Takale ceased to be Additional Director.
Ceased
Sachin Sakharam Jadhav ceased to be Additional Director.
Appointed
Milind Madhukar Sawant was appointed as Director.
Ceased
Pooja Prasad Sawant ceased to be Director.
Appointed
Sushil Shashikant Takale was appointed as Director.
Appointed
Prasad Suryakant Sawant was appointed as Director.
Incorporation
02 Feb 2022
Chiplun Foreign Exchange Private Limited was registered on 02 Feb 2022 with Roc Mumbai & aged 4 years 8 months as per MCA records.
Frequently asked questions
Chiplun Foreign Exchange is an active private limited company based in Chiplun, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 02 February 2022 (4+ years old) and is registered under CIN U67110MH2022PTC375988.
Chiplun Foreign Exchange has 3 current directors:
- Milind Madhukar Sawant - Director
- Sushil Shashikant Takale - Director
- Prasad Suryakant Sawant - Director
The latest financial statements of Chiplun Foreign Exchange 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Chiplun Foreign Exchange is U67110MH2022PTC375988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chiplun Foreign Exchange was incorporated on 02 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chiplun Foreign Exchange by revenue are Maradona Holdings Pvt.Ltd, Dhruv Devansh Investment and Finance Private Limited, Coral Merchandise Private Limited, Shree Krishna Finbiz Private Limited, Raipur Resources Pvt. Ltd. and 5 more, all in the same principal business activity (other financial activities).
Milind Madhukar Sawant ceased to be Additional Director on 29 Dec 2023. Sushil Shashikant Takale ceased to be Additional Director on 29 Dec 2023. Sachin Sakharam Jadhav ceased to be Additional Director on 01 Feb 2023. Chiplun Foreign Exchange has 7 board changes on record in total.
Yes, Chiplun Foreign Exchange is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Chiplun Foreign Exchange can be reached through the website chiplunforex.com. Its registered office is in Chiplun, Maharashtra, India.
The registered office of Chiplun Foreign Exchange is at Shop No.9 Sahara Palacetal – Chiplun Ratnagiri, Maharashtra, India – 415605.
Chiplun Foreign Exchange operates in the financial services industry, in the auxiliary to financial intermediatory segment.
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