Forex Advisors Private Limited
About Forex Advisors Private Limited
Data last updated:
Forex Advisors Private Limited is a private limited company based in Phagwara, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 18 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67190PB2014PTC039042. Its GSTIN is 03AACCF5304K2ZY (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Rajesh Sharma and Parminder Singh.
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 Gur Mandi Road, Phagwara, Punjab, India – 144401.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹79,462 (net margin 0.1%) and EBITDA of ₹1.06 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Forex Advisors Private Limited's registered office is in Phagwara, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGur Mandi Road, Phagwara, Punjab, India – 144401
- IndustryFinancial Services, Forex Services
To see the full contact details of Forex Advisors 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 Forex Advisors 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 Forex Advisors Private Limited, buy the company report.
Financials of Forex Advisors Private Limited
FY 2025 filings availableForex Advisors Private Limited reported revenue of ₹8.26 Cr (up 176% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 176% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 150% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79,462 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 Forex Advisors Private Limited, buy the company report.
Board of directors of Forex Advisors Private Limited
Forex Advisors 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 |
|---|---|---|---|---|
| Rajesh Sharma | Director | 18 Nov 2014 | 11 Years 11 Months | Current |
| Parminder Singh | Additional Director | 04 Dec 2017 | 8 Years 11 Months | Current |
Peer comparison
Forex Advisors 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 |
|---|---|---|---|---|---|---|
| Nazma Forex Private Limited | ₹8.37 Cr (FY 2025) | -65.0% | Kolkata, West Bengal, India | |||
| Divine Forex Private Limited | ₹8.34 Cr (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Mukkadans Forex Private Limited | ₹8.33 Cr (FY 2025) | 7.0% | Kumily, Kerala, India | |||
| Forex Advisors Private Limitedthis company | ₹8.26 Cr (FY 2025) | ₹79,462 | 0.1% | 176.0% | Phagwara, Punjab, India | |
| Bhagawati Forex Business Private Limited | ₹8.25 Cr (FY 2024) | 211.0% | Indore, Madhya Pradesh, India | |||
| Weisz Forex Private Limited | ₹8.24 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Paul Forex Limited | ₹8.23 Cr (FY 2025) | 38.0% | Jalandhar, Punjab, India |
To see the full peer comparison of Forex Advisors Private Limited, buy the company report.
Auditor
Forex Advisors Private Limited is audited by AGGARWAL RAJESH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL RAJESH AND ASSOCIATES | FY 2023 | 011345N |
Shareholding
The shareholding of Forex Advisors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forex Advisors Private Limited, buy the company report.
Legal cases
Forex Advisors Private Limited has 3 court cases on record: 2 filed by Forex Advisors, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Refinitiv India Private Limited Through Yogesh Gadkari | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Forex Advisors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forex Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forex Advisors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCF5304K2ZY | Punjab | Active | 29 Jun 2021 |
To see the full GST registrations and return filing status of Forex Advisors Private Limited, buy the company report.
Recent activity
Forex Advisors Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Suresh Kumar ceased to be Director on 27 Feb 2021.
Frequently asked questions
Forex Advisors is an active private limited company based in Phagwara, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 18 November 2014 (12+ years old) and is registered under CIN U67190PB2014PTC039042.
Forex Advisors has 2 current directors:
- Rajesh Sharma - Director
- Parminder Singh - Additional Director
The latest financial statements of Forex Advisors 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 Forex Advisors is 03AACCF5304K2ZY, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Forex Advisors is U67190PB2014PTC039042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forex Advisors has 3 court cases on record: 2 filed by the company and 1 filed against it.
Forex Advisors was incorporated on 18 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Forex Advisors by revenue are Nazma Forex Private Limited, Divine Forex Private Limited, Mukkadans Forex Private Limited, Bhagawati Forex Business Private Limited, Weisz Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Suresh Kumar ceased to be Director on 27 Feb 2021. Parminder Singh was appointed as Additional Director on 04 Dec 2017. Rajesh Sharma was appointed as Director on 18 Nov 2014.
The registered office of Forex Advisors is at Gur Mandi Road, Phagwara, Punjab, India – 144401.
Forex Advisors operates in the financial services industry, in the forex services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
