Harish Forex Services Private Limited
About Harish Forex Services Private Limited
Data last updated:
Harish Forex Services Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the forex services segment of the financial services sector. It was incorporated on 31 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U67190RJ2011PTC036850. Its GSTIN is 08AACCH7731E1ZP (Rajasthan).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Sunny Bathija and Harish Kumar Bhatija.
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 Shop No. 249 Johri Bazar, Jaipur, Rajasthan, India – 302003.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.05 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 0.3%) and EBITDA of ₹8.74 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
Court records list 5 cases involving the company, including 5 filed by the company. The company has 1 deal on record (1 rights issue); the latest was in August 2022. Its 10 peer companies in the BFSI industry (Forex Services, Money Exchange Services) are compared by revenue, 5 larger and 5 smaller; the largest is Raj Forex Services Private Limited with revenue of ₹8.13 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No. 249 Johri Bazar, Jaipur, Rajasthan, India – 302003
- 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
Business Activity of Harish Forex Services Private Limited
The main business activity of Harish Forex Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Harish Forex Services Private Limited FY 2025 filings available
Harish Forex Services Private Limited reported revenue of ₹8.05 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harish Forex Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 25% fall in the latest year. EBITDA fell 9% 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 Harish Forex Services 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 | ₹8.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.06 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 Harish Forex Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Harish Forex Services are in the company report.
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 Harish Forex Services Private Limited
Harish Forex Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunny Bathija | Director | 31 Oct 2011 | 14 Years 11 Months | Current |
| Harish Kumar Bhatija | Director | 31 Oct 2011 | 14 Years 11 Months | Current |
Peer Comparison of Harish Forex Services Private Limited
Harish Forex Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Forex Services, 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 |
|---|---|---|---|---|---|---|
| Raj Forex Services Private Limited | ₹8.13 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Punjab, India |
| Aps Forex Services Private Limited | ₹8.12 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Insta Forex Services Private Limited | ₹8.08 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| K Nanavatti and Company Private Limited | ₹8.07 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Gandhidham, Gujarat, India |
| Aarsheya Forex Private Limited | ₹8.07 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Rajkot, Gujarat, India |
| Harish Forex Services Private Limited this company | ₹8.05 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Jaipur, Rajasthan, India |
| Baktha Money Changers Private Limited | ₹8.05 Cr (FY 2024) | •••• | •••• | 143.0% | •••• | Dindigul, Tamil Nadu, India |
| Rathna Forex Private Limited | ₹7.97 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Hyderabad, Telangana, India |
| F R Ratnagar and Company Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| S.K.Das Forex & Travels Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| Rocking World Tours & Forex Private Limited | ₹7.74 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Harish Forex Services by revenue in the BFSI industry (Forex Services, 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 Harish Forex Services Private Limited
Harish Forex Services Private Limited is audited by BHANDAWAT & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHANDAWAT & 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 Harish Forex Services 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 Harish Forex Services Private Limited
Harish Forex Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Harish Forex Services Private Limited
Harish Forex Services Private Limited has 1 deal on record (1 rights issue); the latest was in August 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹14 Lakh | Investors: an individual |
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.
Legal Cases of Harish Forex Services Private Limited
Harish Forex Services Private Limited has 5 court cases on record: 5 filed by Harish Forex Services. All cases are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Court case (CCP) | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Harish Forex Services Private Limited
Employment history and EPFO contributions of people linked to Harish Forex Services.
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 Harish Forex Services Private Limited
Harish Forex Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Harish Kumar Bhatija was appointed as Director on 31 Oct 2011.
Credit Ratings, Litigation & Regulatory Alerts for Harish Forex Services 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 Harish Forex Services 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Harish Forex Services 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 Harish Forex Services Private Limited
Harish Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCH7731E1ZP | Rajasthan | Active | 11 Aug 2017 |
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 Harish Forex Services 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
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Harish Forex Services Private Limited
Harish Forex Services is an active private limited company based in Jaipur, Rajasthan, India. The company works in forex services, within the financial services industry. It was incorporated on 31 October 2011 (15+ years old) and is registered under CIN U67190RJ2011PTC036850.
Harish Forex Services reported revenue of ₹8.05 Cr for FY 2025 (down 25% YoY).
Harish Forex Services has 2 current directors:
- Sunny Bathija - Director
- Harish Kumar Bhatija - Director
Harish Forex Services reported a net profit of ₹2.06 Lakh (net margin 0.3%) and EBITDA of ₹8.74 Lakh (EBITDA margin 1.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harish Forex Services is -33% over three years and -14% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harish Forex Services is 08AACCH7731E1ZP, registered in Rajasthan.
The CIN (Corporate Identification Number) of Harish Forex Services is U67190RJ2011PTC036850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harish Forex Services has 5 court cases on record: 5 filed by the company.
Harish Forex Services was incorporated on 31 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
Harish Forex Services has 1 deal on record (1 rights issue); the latest was in August 2022.
The peers of Harish Forex Services by revenue are Raj Forex Services Private Limited, Aps Forex Services Private Limited, Insta Forex Services Private Limited, K Nanavatti and Company Private Limited, Aarsheya Forex Private Limited and 5 more, all in the BFSI industry (Forex Services, Money Exchange Services).