Hurun India Rich List 2026 edition · 1 director
- #261 Deepak Chimanlal Mehta & family ₹14,200 Cr
Forex Leafin Private Limited
Forex Leafin Private Limited - financial services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2025
₹1.91 Cr
▲ 3% YoY
Net profit · FY 2025
₹1.87 Cr
Net margin 97.8%
EBITDA · FY 2025
₹1.89 Cr
EBITDA margin 98.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Forex Leafin Private Limited
Data last updated:
Forex Leafin Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 October 1994 and has been in existence for over 32 years.
Its director Deepak Chimanlal Mehta and family are #261 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1994PTC149043.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ila Deepak Mehta and Deepak Chimanlal Mehta.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.91 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 97.8%) and EBITDA of ₹1.89 Cr (EBITDA margin 98.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Forex Leafin Private Limited
CIN U65910GJ1994PTC149043
Registration Number 149043
Incorporation Date 07 October 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN History of Forex Leafin Private Limited
Forex Leafin has one previous CIN (Corporate Identification Number): U65910MH1994PTC081851. The current CIN is U65910GJ1994PTC149043, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910GJ1994PTC149043 | Current |
| U65910MH1994PTC081851 | Previous |
Recognitions & Rankings of Forex Leafin
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressOffice No. 103 Tanishq Complex, Opp. Sbi Urmi Branch Productivity Road, Vadodara, Gujarat, India – 390020
- IndustryFinancial Services, Microfinance Institutions
Comprehensive company report
Forex Leafin Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Forex Leafin Private Limited FY 2025 filings available
Forex Leafin Private Limited reported revenue of ₹1.91 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹1.91 Cr ▲ 3%
Net profit · FY 2025
₹1.87 Cr margin 97.8%
EBITDA · FY 2025
₹1.89 Cr margin 98.9%
Compounded Annual Growth Rate (CAGR) of Forex Leafin Private Limited
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA rose 4% 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 Forex Leafin 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 | ₹1.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.87 Cr | •••• | •••• | •••• | •••• |
| 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 Forex Leafin Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 97.8% | •••• | •••• | •••• | •••• |
| 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 Forex Leafin are in the company report.
Premium access
Financial statements from 2015
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 Forex Leafin Private Limited
Forex Leafin has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ila Deepak Mehta Also directs: Deepak Advanced Materials Limited, Deepak Novochem Technologies Limited, Deepak Phenolics Limited and 5 more | Director | 09 Jun 2006 | 20 Years 4 Months | Current |
| Deepak Chimanlal Mehta Also directs: Deepak Nitrite Limited, Deepak Advanced Materials Limited, Deepak Novochem Technologies Limited and 5 more | Director | 22 Oct 1994 | 31 Years 11 Months | Current |
Peer Comparison of Forex Leafin Private Limited
Forex Leafin Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hi-Wealth Kuries Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Thrissur, Kerala, India |
| Sri Annamalai Benefit Fund Limited | ₹1.93 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Villupuram, Tamil Nadu, India |
| Magan Nidhi Limited | ₹1.93 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Nagpur, Maharashtra, India |
| Akshayarithu Chits Private Limited | ₹1.93 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Thiruvananthapuram, Kerala, India |
| Slyn Chits Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Hyderabad, Telangana, India |
| Forex Leafin Private Limited this company | ₹1.91 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Vadodara, Gujarat, India |
| Dr Karthi Chit India Private Limited | ₹1.89 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Sathyamangalam, Tamil Nadu, India |
| Kaametardha Chit Funds Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Secunderabad, Telangana, India |
| Sri Balaji Sai Ram Chit Fund Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Sangareddy, Telangana, India |
| Trade Worth Chits Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Sri Bheema Nidhi Limited | ₹1.85 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Tirunelveli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Forex Leafin by revenue in the BFSI industry (Micro Finance), 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 Forex Leafin Private Limited
Auditor information for Forex Leafin Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Forex Leafin Private Limited
Premium access
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 Forex Leafin Private Limited
Forex Leafin Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Forex Leafin Private Limited
Employment history and EPFO contributions of people linked to Forex Leafin.
Premium access
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 Forex Leafin Private Limited
Forex Leafin Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Ila Deepak Mehta was appointed as Director on 09 Jun 2006.
AGM
Forex Leafin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Forex Leafin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ila Deepak Mehta was appointed as Director.
Appointed
Deepak Chimanlal Mehta was appointed as Director.
Incorporation
07 Oct 1994
Forex Leafin Private Limited was registered on 07 Oct 1994 with Roc Ahmedabad & aged 32 years 13 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Forex Leafin Private Limited
Premium access
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 Forex Leafin Private Limited
Premium access
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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Forex Leafin Private Limited
Premium access
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 Forex Leafin Private Limited
Premium access
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 Forex Leafin Private Limited
Premium access
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
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Forex Leafin Private Limited
Forex Leafin is an active private limited company based in Vadodara, Gujarat, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 October 1994 (32+ years old) and is registered under CIN U65910GJ1994PTC149043.
Forex Leafin reported revenue of ₹1.91 Cr for FY 2025 (up 3% YoY).
Forex Leafin has 2 current directors:
- Ila Deepak Mehta - Director
- Deepak Chimanlal Mehta - Director
Forex Leafin reported a net profit of ₹1.87 Cr (net margin 97.8%) and EBITDA of ₹1.89 Cr (EBITDA margin 98.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forex Leafin is 16% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Forex Leafin is U65910GJ1994PTC149043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forex Leafin was incorporated on 07 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Forex Leafin by revenue are Hi-Wealth Kuries Limited, Sri Annamalai Benefit Fund Limited, Magan Nidhi Limited, Akshayarithu Chits Private Limited, Slyn Chits Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Ila Deepak Mehta was appointed as Director on 09 Jun 2006. Deepak Chimanlal Mehta was appointed as Director on 22 Oct 1994.
The registered office of Forex Leafin is at Office No. 103 Tanishq Complex, Opp. Sbi Urmi Branch Productivity Road, Vadodara, Gujarat, India – 390020.
Forex Leafin has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.