Ekant Forex Services Private Limited
About Ekant Forex Services Private Limited
Data last updated:
Ekant Forex Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 11 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2002PTC113776. Its GSTIN is 07AABCE2309Q1ZI (Delhi).
The company has an authorised share capital of ₹2.7 Cr and a paid-up capital of ₹26.05 Lakh. It is led by directors Ekant Mukhi and Narsingh.
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 3/75 Old Rajinder Nagar, New Delhi, Delhi, India – 110060.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.62 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹22,992 (net margin 0.6%) and EBITDA of ₹84,744 (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ekant Forex Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/75 Old Rajinder Nagar, New Delhi, Delhi, India – 110060
- IndustryFinancial Services, Forex Services
To see the full contact details of Ekant Forex Services 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 Ekant Forex Services 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 Ekant Forex Services Private Limited, buy the company report.
Financials of Ekant Forex Services Private Limited
FY 2025 filings availableEkant Forex Services Private Limited reported revenue of ₹38.62 Lakh (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 22% fall in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹84,744 | ||||
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| Net Profit (PAT) | ₹22,992 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Ekant Forex Services Private Limited, buy the company report.
Board of directors of Ekant Forex Services Private Limited
Ekant Forex Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ekant Mukhi | Director | 11 Jan 2002 | 24 Years 9 Months | Current |
| Narsingh | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Ekant Forex Services Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Forex Services, Money Exchange Services), with 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 |
|---|---|---|---|---|---|---|
| Gutzo Money Foreign Exchange Private Limited | ₹40.07 Lakh (FY 2020) | Ernakulam, Kerala, India | ||||
| Solidus Forex Limited | ₹40.02 Lakh (FY 2025) | -47.0% | Guwahati, Assam, India | |||
| Yes World Forex Private Limited | ₹39.82 Lakh (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| NL Forex Private Limited | ₹39.48 Lakh (FY 2021) | -98.0% | Mumbai, Maharashtra, India | |||
| Ekant Forex Services Private Limitedthis company | ₹38.62 Lakh (FY 2025) | ₹22,992 | 0.6% | -22.0% | New Delhi, Delhi, India | |
| Ashish Forex Services Private Limited | ₹37.79 Lakh (FY 2025) | 1.0% | Mathura, Uttar Pradesh, India | |||
| Swap Forex Services India Private Limited | ₹36.59 Lakh (FY 2025) | -26.0% | Kochi, Kerala, India |
To see the full peer comparison of Ekant Forex Services Private Limited, buy the company report.
Auditor
Ekant Forex Services Private Limited is audited by RAJESH KRISHNA KHANNA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KRISHNA KHANNA & ASSOCIATES | FY 2023 | 07694N |
Shareholding
The shareholding of Ekant Forex Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ekant Forex Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ekant Forex Services 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 Ekant Forex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ekant Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCE2309Q1ZI | Delhi | Active | 31 Jul 2017 |
To see the full GST registrations and return filing status of Ekant Forex Services Private Limited, buy the company report.
Recent activity
Ekant Forex Services Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Deepak Sharma ceased to be Director on 21 Jul 2017.
Frequently asked questions
Ekant Forex Services is an active private limited company based in New Delhi, Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 11 January 2002 (24+ years old) and is registered under CIN U74999DL2002PTC113776.
Ekant Forex Services has 2 current directors:
- Ekant Mukhi - Director
- Narsingh - Director
The latest financial statements of Ekant Forex Services 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 Ekant Forex Services is 07AABCE2309Q1ZI, registered in Delhi.
The CIN (Corporate Identification Number) of Ekant Forex Services is U74999DL2002PTC113776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ekant Forex Services was incorporated on 11 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ekant Forex Services by revenue are Gutzo Money Foreign Exchange Private Limited, Solidus Forex Limited, Yes World Forex Private Limited, NL Forex Private Limited, Ashish Forex Services Private Limited and 1 more, all in the BFSI industry (Forex Services, Money Exchange Services), with the same principal business activity (other financial activities).
Deepak Sharma ceased to be Director on 21 Jul 2017. Narsingh was appointed as Director on 19 Jul 2017. Deepak Mukhi ceased to be Director on 22 Oct 2007. Ekant Forex Services has 4 board changes on record in total.
The registered office of Ekant Forex Services is at 375 Old Rajinder Nagar, New Delhi, Delhi, India – 110060.
Ekant Forex Services operates in the financial services industry, in the forex services segment.
The compliance status of Ekant Forex Services is compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.