
Excoinage Forex Private Limited
About Excoinage Forex Private Limited
Data last updated:
Excoinage Forex 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 05 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65999DL2020PTC361409. Its GSTIN is 07AAFCE8218E1ZR (Delhi).
The company has an authorised share capital of ₹38 Lakh and a paid-up capital of ₹38 Lakh. It is led by directors Kawaljeet Singh and Gurmukh Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No.417 Westend Mall District Centre Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2023, the company reported a revenue of ₹41.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 0.1%) and EBITDA of ₹3.62 Lakh (EBITDA margin 0.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Excoinage Forex 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 AddressShop No.417 Westend Mall District Centre Janakpuri, New Delhi, Delhi, India – 110058
- IndustryFinancial Services, Forex Services
To see the full contact details of Excoinage 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 Excoinage Forex 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 Excoinage Forex Private Limited, buy the company report.
Financials of Excoinage Forex Private Limited
FY 2023 filings availableExcoinage Forex Private Limited reported revenue of ₹41.38 Cr (up 1796360% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | ₹3.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.68 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.1% | |||
| Net Profit Margin | 0.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Excoinage Forex Private Limited, buy the company report.
Board of directors of Excoinage Forex Private Limited
Excoinage Forex 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 |
|---|---|---|---|---|
| Kawaljeet Singh | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Gurmukh Singh | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Excoinage Forex Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Amistad Tours and Travesl Private Limited | ₹42.3 Cr (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Excoinage Forex Private Limitedthis company | ₹41.38 Cr (FY 2023) | ₹2.68 Lakh | 0.1% | 1796360.0% | New Delhi, Delhi, India | |
| Mascot Forex Consultancy Private Limited | ₹41.19 Cr (FY 2024) | 54.0% | Indore, Madhya Pradesh, India | |||
| Bonton Money Exchange Private Limited | ₹40.85 Cr (FY 2024) | -48.0% | Mumbai, Maharashtra, India | |||
| DKG Travels & Forex Private Limited | ₹40.79 Cr (FY 2024) | -49.0% | Kolkata, West Bengal, India | |||
| Ebix Money Express Private Limited | ₹40.79 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| BMS Forex Private Limited | ₹40.78 Cr (FY 2025) | -63.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Excoinage Forex Private Limited, buy the company report.
Auditor
Excoinage Forex Private Limited is audited by SUMIT SHOUNDIK & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMIT SHOUNDIK & CO | FY 2020 | 030211N |
Shareholding
The shareholding of Excoinage Forex Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Excoinage Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Excoinage 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 Excoinage Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excoinage Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCE8218E1ZR | Delhi | Active | 05 Sep 2021 |
To see the full GST registrations and return filing status of Excoinage Forex Private Limited, buy the company report.
Recent activity
Excoinage Forex Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Mukesh Singh ceased to be Director on 24 Nov 2022.
Frequently asked questions
Excoinage Forex 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 05 February 2020 (6+ years old) and is registered under CIN U65999DL2020PTC361409.
Excoinage Forex has 2 current directors:
- Kawaljeet Singh - Director
- Gurmukh Singh - Director
The latest financial statements of Excoinage Forex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Excoinage Forex is 07AAFCE8218E1ZR, registered in Delhi.
The CIN (Corporate Identification Number) of Excoinage Forex is U65999DL2020PTC361409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excoinage Forex was incorporated on 05 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Excoinage Forex by revenue are Amistad Tours and Travesl Private Limited, Mascot Forex Consultancy Private Limited, Bonton Money Exchange Private Limited, DKG Travels & Forex Private Limited, Ebix Money Express Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Mukesh Singh ceased to be Director on 24 Nov 2022. Rohit Bisht ceased to be Director on 24 Nov 2022. Gurmukh Singh was appointed as Director on 11 Nov 2022. Excoinage Forex has 4 board changes on record in total.
The registered office of Excoinage Forex is at Shop No.417 Westend Mall District Centre Janakpuri, New Delhi, Delhi, India – 110058.
Excoinage Forex operates in the financial services industry, in the forex services segment.
The compliance status of Excoinage Forex is compliant as of 05 July 2026. The company is actively filing with the Registrar of Companies.

