Dhakad Forex Private Limited
About Dhakad Forex Private Limited
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Dhakad 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 30 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65900MH2009PTC196780. Its GSTIN is 27AADCD2835L1ZI (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Mahavir Harakhlal Jain and Bharatkumar Harakhlal Jain.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.24 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹4.95 Lakh (net margin 0.2%) and EBITDA of ₹6.8 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 200% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dhakad Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 1 Plot No 369, Meckoni House Bhandarkar Road, Mumbai, Maharashtra, India – 400019
- IndustryFinancial Services, Forex Services
To see the full contact details of Dhakad 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 Dhakad Forex is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles and retail trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Dhakad Forex Private Limited, buy the company report.
Financials of Dhakad Forex Private Limited
FY 2025 filings availableDhakad Forex Private Limited reported revenue of ₹26.24 Cr (up 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 73% growth in the latest year. EBITDA rose 121% 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 | ₹6.8 Lakh | ||||
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| Net Profit (PAT) | ₹4.95 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 | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Dhakad Forex Private Limited, buy the company report.
Board of directors of Dhakad Forex Private Limited
Dhakad Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahavir Harakhlal Jain | Director | 30 Oct 2009 | 16 Years 11 Months | Current |
| Bharatkumar Harakhlal Jain | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Dhakad Forex Private Limited is audited by Devendra Kothari & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Devendra Kothari & Associates | FY 2016 |
Shareholding
The shareholding of Dhakad Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dhakad Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dhakad 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 Dhakad Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhakad Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD2835L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhakad Forex Private Limited, buy the company report.
Recent activity
Dhakad Forex Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Bharatkumar Harakhlal Jain was appointed as Director on 01 Apr 2019.
Frequently asked questions
Dhakad 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 30 October 2009 (17+ years old) and is registered under CIN U65900MH2009PTC196780.
Dhakad Forex has 2 current directors:
- Mahavir Harakhlal Jain - Director
- Bharatkumar Harakhlal Jain - Director
The latest financial statements of Dhakad 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 Dhakad Forex is 27AADCD2835L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dhakad Forex is U65900MH2009PTC196780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhakad Forex was incorporated on 30 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharatkumar Harakhlal Jain was appointed as Director on 01 Apr 2019. Gautamkumar Harakhlal Jain ceased to be Director on 01 Apr 2019. Mahavir Harakhlal Jain was appointed as Director on 30 Oct 2009.
The registered office of Dhakad Forex is at Shop No 1 Plot No 369, Meckoni House Bhandarkar Road, Mumbai, Maharashtra, India – 400019.
Dhakad Forex operates in the financial services industry, in the forex services segment.
The compliance status of Dhakad Forex is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.