About Forex Sense India Private Limited
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Forex Sense India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the forex services segment of the financial services sector. It was incorporated on 09 January 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016PTC271862. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32 Lakh. It was led by directors including Vijendra Choudhary and Shilpi Choudhary.
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 was at S – 7B Prime Mall Irla Society Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2023, the company reported a revenue of ₹96,382, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹16,776 (net margin -17.4%) and EBITDA of -₹16,776 (EBITDA margin -17.4%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 57% over five years.
The last known website on record is forexsense.in.
Company details
Contact details
Forex Sense India Private Limited's registered office is in Mumbai, Maharashtra. Its website is forexsense.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressS – 7B Prime Mall Irla Society Road Vile Parle West, Mumbai, Maharashtra, India – 400056
- IndustryFinancial Services, Forex Services
To see the full contact details of Forex Sense India 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 Sense India 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 |
Financials of Forex Sense India Private Limited
FY 2023 filings availableForex Sense India Private Limited reported revenue of ₹96,382 (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 3% fall in the latest year. EBITDA fell 124% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹16,776 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16,776 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.4% | ||||
| Net Profit Margin | -17.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Forex Sense India Private Limited, buy the company report.
Board of directors of Forex Sense India Private Limited
Forex Sense India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijendra Choudhary | Director | 09 Jan 2016 | 10 Years 9 Months | As last reported |
| Shilpi Choudhary | Director | 09 Jan 2016 | 10 Years 9 Months | As last reported |
| Anamika Mandal | Director | 28 Jul 2017 | 9 Years 3 Months | As last reported |
Peer comparison
Forex Sense India Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Zeal Forex Private Limited | ₹98,809 (FY 2025) | -98.0% | Bhavnagar, Gujarat, India | |||
| Forex Sense India Private Limitedthis company | ₹96,382 (FY 2023) | -₹16,776 | -17.4% | -3.0% | Mumbai, Maharashtra, India | |
| Gwalior Forex Pvt Ltd | ₹86,150 (FY 2025) | -98.0% | Anand, Gujarat, India | |||
| Whitepaper Forex Private Limited | ₹83,975 (FY 2025) | -100.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Forex Sense India Private Limited, buy the company report.
Auditor
Forex Sense India Private Limited is audited by D DADHEECH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D DADHEECH & CO | FY 2018 | 101981W |
Shareholding
The shareholding of Forex Sense India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Forex Sense India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forex Sense India 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 Forex Sense India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forex Sense India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Forex Sense India Private Limited, buy the company report.
Recent activity
Forex Sense India Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Anamika Mandal ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Forex Sense India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Forex Sense India was a private limited company based in Mumbai, Maharashtra, India. The company worked in forex services, within the financial services industry. It was incorporated on 09 January 2016 and is registered under CIN U74120MH2016PTC271862. The company has been struck off by the Registrar of Companies and is no longer operational.
Forex Sense India had 3 directors:
- Vijendra Choudhary - Director
- Shilpi Choudhary - Director
- Anamika Mandal - Director
The CIN (Corporate Identification Number) of Forex Sense India is U74120MH2016PTC271862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Forex Sense India is at S – 7B Prime Mall Irla Society Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
Forex Sense India was incorporated on 09 January 2016. It is registered with the Registrar of Companies, Mumbai.
Forex Sense India can be reached through the website forexsense.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Forex Sense India 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 2016 are in the company report.
No. Forex Sense India has 1 GST registration on record and it is cancelled or inactive.
Forex Sense India operated in the financial services industry, in the forex services segment. It worked in this industry before it was struck off.
The peers of Forex Sense India by revenue are Zeal Forex Private Limited, Gwalior Forex Pvt Ltd, Whitepaper Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
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