Choksi Forex Private Limited
About Choksi Forex Private Limited
Data last updated:
Choksi Forex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 11 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2002PTC041666. Its GSTIN is 24AACCC1145M1ZV (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Vaishali Rasesh Shah and Yogeshkumar Sarabhai Chokshi.
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 White Bunglow Opp. Nehru Foundation Vastrapur Thaltej – S Rd., Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.38 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹11,089 (net margin 0%) and EBITDA of ₹4.59 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Choksi Forex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWhite Bunglow Opp. Nehru Foundation Vastrapur Thaltej – S Rd., Ahmedabad, Gujarat, India – 380054
- IndustryFinancial Services, Forex Services
To see the full contact details of Choksi 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
Financials of Choksi Forex Private Limited
FY 2025 filings availableChoksi Forex Private Limited reported revenue of ₹5.38 Cr (down 3% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 3% fall in the latest year. EBITDA fell 28% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.38 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11,089 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Choksi Forex Private Limited, buy the company report.
Board of directors of Choksi Forex Private Limited
Choksi Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Rasesh Shah | Director | 02 Feb 2024 | 2 Years 8 Months | Current |
| Yogeshkumar Sarabhai Chokshi | Director | 11 Dec 2002 | 23 Years 10 Months | Current |
Auditor
Choksi Forex Private Limited is audited by MEHTA SHETH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA SHETH & ASSOCIATES | FY 2018 | 106238W |
Shareholding
The shareholding of Choksi Forex Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Choksi Forex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2012 | 10487276 | Icici Bank Limited | ₹10 Lakh | Satisfied | |
| 03 Jul 2004 | 90105389 | Central Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of Choksi Forex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Choksi 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 Choksi Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Choksi Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC1145M1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Choksi Forex Private Limited, buy the company report.
Recent activity
Choksi Forex Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Ila Yogesh Choksi ceased to be Director on 04 Feb 2024.
2 earlier events are in the company report.
Frequently asked questions
Choksi Forex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 11 December 2002 (24+ years old) and is registered under CIN U67190GJ2002PTC041666.
Choksi Forex has 2 current directors:
- Vaishali Rasesh Shah - Director
- Yogeshkumar Sarabhai Chokshi - Director
The latest financial statements of Choksi 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 2015 are in the company report.
The GSTIN of Choksi Forex is 24AACCC1145M1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Choksi Forex is U67190GJ2002PTC041666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choksi Forex was incorporated on 11 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ila Yogesh Choksi ceased to be Director on 04 Feb 2024. Vaishali Rasesh Shah was appointed as Director on 02 Feb 2024. Rasesh Girishbhai Shah ceased to be Director on 04 Jul 2022. Choksi Forex has 6 board changes on record in total.
The registered office of Choksi Forex is at White Bunglow Opp. Nehru Foundation Vastrapur Thaltej – S Rd., Ahmedabad, Gujarat, India – 380054.
Choksi Forex operates in the financial services industry, in the forex services segment.
Choksi Forex has no open charges and satisfied charges of ₹25 Lakh as per latest MCA filings.
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