About Crossworld Forex Private Limited
Data last updated:
Crossworld Forex Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 05 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2018PTC315342. Its GSTIN is 27AAHCC7964P1ZR (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹27 Lakh. It is led by directors Sujata Sunil Ghanekar and Sunil Padmakar Ghanekar.
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 Ground Floor Ramsmriti Rammaruti Rd Cross Lane 4, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.67 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Lakh (net margin 0%) and EBITDA of ₹3.45 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 16% over five years.
For more details, the company can be reached via its website crossworldforex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGround Floor Ramsmriti Rammaruti Rd Cross Lane 4, Thane, Maharashtra, India – 400602
- 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 Crossworld Forex Private Limited
The main business activity of Crossworld 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 Crossworld Forex Private Limited FY 2025 filings available
Crossworld Forex Private Limited reported revenue of ₹60.67 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Crossworld Forex Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 83% 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 Crossworld 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 | ₹3.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.19 Lakh | •••• | •••• | •••• | •••• |
| 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 Crossworld Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Crossworld Forex are in the company report.
Financial statements from FY 2019
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 Crossworld Forex Private Limited
Crossworld 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 |
|---|---|---|---|---|---|---|
| Paradise Money Changer Private Limited | ₹62.73 Cr (FY 2024) | •••• | •••• | 281.0% | •••• | Madurai, Tamil Nadu, India |
| Nishi Forex and Leisure Private Limited | ₹61.87 Cr (FY 2023) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Singeswar Forex Private Limited | ₹61.36 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| BNN Forex Private Limited | ₹61.14 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Chennai, Tamil Nadu, India |
| Tei Forex Private Limited | ₹60.95 Cr (FY 2019) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Crossworld Forex Private Limited this company | ₹60.67 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Thane, Maharashtra, India |
| Al Ansari Forex and Financial Services Private Limited | ₹59.71 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Go Forex Private Limited | ₹59.02 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Gurgaon, Haryana, India |
| Azzure Forex and Travels Private Limited | ₹58.69 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Sba Forex Services Private Limited | ₹58.27 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| Anam FX Exchange Private Limited | ₹57.58 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Crossworld 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 Crossworld Forex Private Limited
Crossworld Forex Private Limited is audited by M N N & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N N & 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 Crossworld Forex Private Limited
Crossworld Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujata Sunil Ghanekar Also directs: Crossworld Holidays Private Limited | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Sunil Padmakar Ghanekar Also directs: Crossworld Holidays Private Limited | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Crossworld 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 Crossworld Forex Private Limited
Crossworld Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Crossworld Forex Private Limited
Employment history and EPFO contributions of people linked to Crossworld 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 Crossworld Forex Private Limited
Crossworld Forex Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sujata Sunil Ghanekar was appointed as Director on 05 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Crossworld 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 Crossworld 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 Crossworld 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 Crossworld Forex Private Limited
Crossworld Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC7964P1ZR | Maharashtra | Active | 25 Jan 2019 |
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 Crossworld 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 Crossworld Forex Private Limited
Crossworld Forex is an active private limited company based in Thane, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U67190MH2018PTC315342.
Crossworld Forex reported revenue of ₹60.67 Cr for FY 2025 (down 2% YoY).
Crossworld Forex has 2 current directors:
- Sujata Sunil Ghanekar - Director
- Sunil Padmakar Ghanekar - Director
Crossworld Forex reported a net loss of ₹1.19 Lakh (net margin 0%) and EBITDA of ₹3.45 Lakh (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Crossworld Forex is 63% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Crossworld Forex is 27AAHCC7964P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Crossworld Forex is U67190MH2018PTC315342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crossworld Forex was incorporated on 05 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Crossworld Forex by revenue are Paradise Money Changer Private Limited, Nishi Forex and Leisure Private Limited, Singeswar Forex Private Limited, BNN Forex Private Limited, Tei Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Sujata Sunil Ghanekar was appointed as Director on 05 Oct 2018. Sunil Padmakar Ghanekar was appointed as Director on 05 Oct 2018.
Crossworld Forex can be reached through the website crossworldforex.com. Its registered office is in Thane, Maharashtra, India.