Chirayu Forex Private Limited
About Chirayu Forex Private Limited
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Chirayu 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 24 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC287094. Its GSTIN is 27AAGCC7063E2ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Vishal Jain Futarmal and Kamlesh Mali.
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 A – 502 Glacia Edulaji Road Charai Thane(W), Mumbai, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.01 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹7.27 Lakh (net margin 0.1%) and EBITDA of ₹10 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 158% over three years and 28% 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 chirayu-forex-pvt-ltd.
Company details
Contact details
Chirayu Forex Private Limited's registered office is in Mumbai, Maharashtra. Its website is chirayu-forex-pvt-ltd. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 502 Glacia Edulaji Road Charai Thane(W), Mumbai, Maharashtra, India – 400601
- IndustryFinancial Services, Forex Services
To see the full contact details of Chirayu 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 Chirayu 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 Chirayu Forex Private Limited, buy the company report.
Financials of Chirayu Forex Private Limited
FY 2025 filings availableChirayu Forex Private Limited reported revenue of ₹71.01 Cr (up 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 77% growth in the latest year. EBITDA rose 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10 Lakh | ||||
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| Net Profit (PAT) | ₹7.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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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 Chirayu Forex Private Limited, buy the company report.
Board of directors of Chirayu Forex Private Limited
Chirayu Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Jain Futarmal | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Kamlesh Mali | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Chirayu Forex Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Bajrang Forex Private Limited | ₹73.08 Cr (FY 2025) | -83.0% | New Delhi, Delhi, India | |||
| Chirayu Forex Private Limitedthis company | ₹71.01 Cr (FY 2024) | ₹7.27 Lakh | 0.1% | 77.0% | Mumbai, Maharashtra, India | |
| Executive Forex Private Limited | ₹69.68 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Vibrant Forex Private Limited | ₹68.75 Cr (FY 2025) | -45.0% | Bangalore, Karnataka, India | |||
| Indexes Forex Private Limited | ₹68.7 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Chirayu Forex Private Limited, buy the company report.
Auditor
Chirayu Forex Private Limited is audited by M N N & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N N & ASSOCIATES | FY 2019 | 141125W |
Shareholding
The shareholding of Chirayu Forex Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chirayu Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chirayu 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 Chirayu Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chirayu Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC7063E2ZO | Maharashtra | Active | 03 Jul 2017 |
To see the full GST registrations and return filing status of Chirayu Forex Private Limited, buy the company report.
Recent activity
Chirayu Forex Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kamlesh Mali was appointed as Director on 24 Oct 2016.
Frequently asked questions
Chirayu 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 24 October 2016 (10+ years old) and is registered under CIN U74999MH2016PTC287094.
Chirayu Forex has 2 current directors:
- Vishal Jain Futarmal - Director
- Kamlesh Mali - Director
The latest financial statements of Chirayu 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 2017 are in the company report.
The GSTIN of Chirayu Forex is 27AAGCC7063E2ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Chirayu Forex is U74999MH2016PTC287094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirayu Forex was incorporated on 24 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chirayu Forex by revenue are Bajrang Forex Private Limited, Executive Forex Private Limited, Vibrant Forex Private Limited, Indexes 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).
Kamlesh Mali was appointed as Director on 24 Oct 2016. Vishal Jain Futarmal was appointed as Director on 24 Oct 2016.
Chirayu Forex can be reached through the website chirayu-forex-pvt-ltd. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Chirayu Forex is at A – 502 Glacia Edulaji Road Charai ThaneW, Mumbai, Maharashtra, India – 400601.
Chirayu Forex operates in the financial services industry, in the forex services segment.