About Fairex Solutions Private Limited
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Fairex Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 04 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2019PTC133871. Its GSTIN is 36AADCF7876K1Z0 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Saurabh Jain and Piuesh Daga.
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 Plot No.135 Syno:.43/P Kavri Hills J Hills, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.45 Lakh (net margin 11%) and EBITDA of ₹16.47 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company is associated with 1 brand: Fairexpay. The company has 1 deal on record (1 acquisition); the latest was in July 2024. Its 10 peer companies in the BFSI industry (Money Exchange Services) are compared by revenue, 5 larger and 5 smaller; the largest is Patel Money Changers Private Limited with revenue of ₹1.18 Cr.
For more details, the company can be reached via its website fairexpay.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.135 Syno:.43/P Kavri Hills J Hills, Hyderabad, Telangana, India – 500081
- 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
Associated Brands with Fairex Solutions Private Limited
Fairex Solutions operates one associated brand: Fairexpay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cross-border payment solutions are provided for businesses worldwide. | fairexpay.com |
Business Activity of Fairex Solutions Private Limited
The main business activity of Fairex Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Fairex Solutions Private Limited FY 2025 filings available
Fairex Solutions Private Limited reported revenue of ₹1.13 Cr (up 1204% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fairex Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years. EBITDA rose 194% 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 Fairex Solutions 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 | ₹16.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.45 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 Fairex Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11% | •••• | •••• | •••• | •••• |
| 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 Fairex Solutions are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Fairex Solutions Private Limited
Fairex Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Jain | Director | 03 Apr 2024 | 2 Years 6 Months | Current |
| Piuesh Daga | Director | 03 Apr 2024 | 2 Years 6 Months | Current |
| Vijaya Kranthitilakreddy | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
| Rajasekar Bhaska Saravana | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
Peer Comparison of Fairex Solutions Private Limited
Fairex Solutions 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 |
|---|---|---|---|---|---|---|
| Patel Money Changers Private Limited | ₹1.18 Cr (FY 2023) | •••• | •••• | -69.0% | •••• | Surat, Gujarat, India |
| Highway Forex Conversions Private Limited | ₹1.17 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Amazon Investments Private Limited | ₹1.17 Cr (FY 2017) | •••• | •••• | -22.0% | •••• | Ahmedabad, Gujarat, India |
| M.S. Saraff & Sons Jwellers Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Darjeeling, West Bengal, India |
| Bajaj Forex Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | -59.0% | •••• | New Delhi, Delhi, India |
| Fairex Solutions Private Limited this company | ₹1.13 Cr (FY 2025) | •••• | •••• | 1204.0% | •••• | Hyderabad, Telangana, India |
| Cynage Info Services Private Limited | ₹1.1 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
| Shiv Sai Forex Private Limited | ₹1.07 Cr (FY 2021) | •••• | •••• | -75.0% | •••• | Karnal, Haryana, India |
| Khinvasara Forex Private Limited | ₹1.06 Cr (FY 2023) | •••• | •••• | 724.0% | •••• | Pune, Maharashtra, India |
| Day 2 Day Services Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Jayam Forex Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Fairex Solutions 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 Fairex Solutions Private Limited
Fairex Solutions Private Limited is audited by KOUSHEL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOUSHEL & CO | 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.
Ownership and Shareholding of Fairex Solutions 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 Fairex Solutions Private Limited
Fairex Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Fairex Solutions Private Limited
Fairex Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in July 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Acquisition | Undisclosed | Buyer: White Matter Advisory India Private Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Fairex Solutions Private Limited
Employment history and EPFO contributions of people linked to Fairex Solutions.
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 Fairex Solutions Private Limited
Fairex Solutions Private Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Piuesh Daga was appointed as Director on 03 Apr 2024.
Credit Ratings, Litigation & Regulatory Alerts for Fairex Solutions 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 Fairex Solutions 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
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Subsidiaries & Group Companies of Fairex Solutions 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 Fairex Solutions Private Limited
Fairex Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCF7876K1Z0 | Telangana | Active | 21 Jan 2021 |
| 29AADCF7876K1ZV | Karnataka | Active | 04 Jun 2024 |
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 Fairex Solutions 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
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Related news about Fairex Solutions Private Limited
Frequently Asked Questions about Fairex Solutions Private Limited
Fairex Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in forex services, within the financial services industry. It was incorporated on 04 July 2019 (7+ years old) and is registered under CIN U72200TG2019PTC133871.
Fairex Solutions reported revenue of ₹1.13 Cr for FY 2025 (up 1204% YoY).
Fairex Solutions has 4 current directors:
- Saurabh Jain - Director
- Piuesh Daga - Director
- Vijaya Kranthitilakreddy - Director
- Rajasekar Bhaska Saravana - Director
Fairex Solutions reported a net profit of ₹12.45 Lakh (net margin 11%) and EBITDA of ₹16.47 Lakh (EBITDA margin 14.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fairex Solutions is 42% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fairex Solutions is 36AADCF7876K1Z0, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCF7876K1ZV (Karnataka).
The CIN (Corporate Identification Number) of Fairex Solutions is U72200TG2019PTC133871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairex Solutions was incorporated on 04 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Fairex Solutions has 1 deal on record (1 acquisition); the latest was in July 2024.
The peers of Fairex Solutions by revenue are Patel Money Changers Private Limited, Highway Forex Conversions Private Limited, Amazon Investments Private Limited, M.S. Saraff & Sons Jwellers Private Limited, Bajaj Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Piuesh Daga was appointed as Director on 03 Apr 2024. Saurabh Jain was appointed as Director on 03 Apr 2024. Nagaraja Kattelu ceased to be Director on 21 Jul 2023. Fairex Solutions has 7 board changes on record in total.