Gomes Forex Services (India) Private Limited
About Gomes Forex Services (India) Private Limited
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Gomes Forex Services (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 05 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2003PTC140752. Its GSTIN is 27AAECP9349J1ZU (Maharashtra).
The company has an authorised share capital of ₹31 Lakh and a paid-up capital of ₹31 Lakh. It is led by directors Stephen Eugenio Gomes and Rosy Stephen Gomes.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Al – 5 Bldg No. 10 Room No. 4 Sector – 5 Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.55 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹15,854 (net margin 0.1%) and EBITDA of ₹46,400 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 27% over five years.
Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gomes Forex Services (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAl – 5 Bldg No. 10 Room No. 4 Sector – 5 Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryFinancial Services, Forex Services
To see the full contact details of Gomes Forex Services (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 Gomes Forex Services (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 |
To see the full business activity and turnover split of Gomes Forex Services (India) Private Limited, buy the company report.
Financials of Gomes Forex Services (India) Private Limited
FY 2022 filings availableGomes Forex Services (India) Private Limited reported revenue of ₹2.55 Cr (down 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 25% fall in the latest year. EBITDA fell 20% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹46,400 | ||||
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| Net Profit (PAT) | ₹15,854 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gomes Forex Services (India) Private Limited, buy the company report.
Board of directors of Gomes Forex Services (India) Private Limited
Gomes Forex Services (India) 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 |
|---|---|---|---|---|
| Stephen Eugenio Gomes | Director | 05 Jun 2003 | 23 Years 4 Months | Current |
| Rosy Stephen Gomes | Director | 26 Jan 2009 | 17 Years 9 Months | Current |
Peer comparison
Gomes Forex Services (India) Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Forex Services, 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 |
|---|---|---|---|---|---|---|
| Western Express Money Forex Private Limited | ₹2.62 Cr (FY 2025) | 48.0% | Coimbatore, Tamil Nadu, India | |||
| Gomes Forex Services (India) Private Limitedthis company | ₹2.55 Cr (FY 2022) | ₹15,854 | 0.1% | -25.0% | Navi Mumbai, Maharashtra, India | |
| Duggal Forex Private Limited | ₹2.49 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Sky Way Forex & Travel Private Limited | ₹2.47 Cr (FY 2025) | -71.0% | Kolkata, West Bengal, India | |||
| Shivalayas Forex Private Limited | ₹2.43 Cr (FY 2024) | 34.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gomes Forex Services (India) Private Limited, buy the company report.
Auditor
Gomes Forex Services (India) Private Limited is audited by KIRAN A DEODHAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRAN A DEODHAR & ASSOCIATES | FY 2017 | 113471W |
Shareholding
The shareholding of Gomes Forex Services (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gomes Forex Services (India) Private Limited, buy the company report.
Legal cases
Gomes Forex Services (India) Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Ebixcash World Money Ltd and 1 other | Pending |
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Delphi World Money Ltd and 1 other | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company | Disposed |
To see the full case history of Gomes Forex Services (India) 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 Gomes Forex Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gomes Forex Services (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP9349J1ZU | Maharashtra | Active | 22 Jun 2021 |
To see the full GST registrations and return filing status of Gomes Forex Services (India) Private Limited, buy the company report.
Recent activity
Gomes Forex Services (India) Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Max Francis Gomes ceased to be Director on 02 May 2011.
Frequently asked questions
Gomes Forex Services (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 05 June 2003 (23+ years old) and is registered under CIN U74999MH2003PTC140752.
Gomes Forex Services (India) has 2 current directors:
- Stephen Eugenio Gomes - Director
- Rosy Stephen Gomes - Director
The latest financial statements of Gomes Forex Services (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Gomes Forex Services (India) is 27AAECP9349J1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gomes Forex Services (India) is U74999MH2003PTC140752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gomes Forex Services (India) has 4 court cases on record: 4 filed against it. 3 are pending. Most are in the district courts.
Gomes Forex Services (India) was incorporated on 05 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gomes Forex Services (India) by revenue are Western Express Money Forex Private Limited, Duggal Forex Private Limited, Sky Way Forex & Travel Private Limited, Shivalayas Forex Private Limited, all in the BFSI industry (Forex Services, Money Exchange Services), with the same principal business activity (other financial activities).
Max Francis Gomes ceased to be Director on 02 May 2011. Philomena Max F Gomes ceased to be Director on 26 Jan 2009. Rosy Stephen Gomes was appointed as Director on 26 Jan 2009. Gomes Forex Services (India) has 4 board changes on record in total.
The registered office of Gomes Forex Services (India) is at Al – 5 Bldg No. 10 Room No. 4 Sector – 5 Airoli, Navi Mumbai, Maharashtra, India – 400708.
Gomes Forex Services (India) operates in the financial services industry, in the forex services segment.
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