MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0014048
Hepriko Forex Private Limited
Hepriko Forex Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.02 Lakh
▼ 38% YoY
Net profit · FY 2025
₹78,118
Net margin 7.8%
EBITDA · FY 2025
₹2.19 Lakh
EBITDA margin 21.8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹27.5 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Hepriko Forex Private Limited
Data last updated:
Hepriko Forex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 07 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2009PTC058273. Its GSTIN is 24AADCV5609C1ZN (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.5 Lakh. It was formerly known as Vedratna Abroadedu and Services Private Limited. It is led by directors Nixon Jaswant Kothari and Anjana Kothari.
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 No 5 Rangoli Complex Nr V S Hospital Madalpur Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.02 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹78,118 (net margin 7.8%) and EBITDA of ₹2.19 Lakh (EBITDA margin 21.8%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 67% over five years.
Hepriko Forex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0014048). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67100GJ2009PTC058273
Registration Number 058273
Incorporation Date 07 October 2009
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
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0014048
CIN history
Hepriko Forex has one previous CIN (Corporate Identification Number): U74900GJ2009PTC058273. The current CIN is U67100GJ2009PTC058273, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100GJ2009PTC058273 | Current |
| U74900GJ2009PTC058273 | Previous |
Recognitions & Rankings of Hepriko Forex
Contact details
Hepriko Forex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 5 Rangoli Complex Nr V S Hospital Madalpur Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Forex Services
To see the full contact details of Hepriko Forex Private Limited, buy the company report.
Comprehensive company report
Hepriko Forex 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hepriko Forex 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 Hepriko Forex Private Limited, buy the company report.
Financials of Hepriko Forex Private Limited
FY 2025 filings availableHepriko Forex Private Limited reported revenue of ₹10.02 Lakh (down 38% YoY) for FY 2025.
Revenue · FY 2025
₹10.02 Lakh ▼ 38%
Net profit · FY 2025
₹78,118 margin 7.8%
EBITDA · FY 2025
₹2.19 Lakh margin 21.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 80%
5 years · compounded
▼ 67%
EBITDA CAGR growth
1 year
▲ 113%
3 years · compounded
▼ 19%
5 years · compounded
▼ 9%
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 38% fall in the latest year. EBITDA rose 113% 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 |
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| EBITDA | ₹2.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,118 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.8% | ||||
| Net Profit Margin | 7.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Hepriko Forex Private Limited, buy the company report.
Board of directors of Hepriko Forex Private Limited
Hepriko Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nixon Jaswant Kothari | Director | 07 Oct 2009 | 17 Years 0 Months | Current |
| Anjana Kothari | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Hepriko Forex Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Zen Forex and Management Private Limited | ₹10.47 Lakh (FY 2024) | -19.0% | Secunderabad, Telangana, India | |||
| Sreelall Foreign Money Changers Private Limited | ₹10.15 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Karkesh Forex Services Private Limited | ₹10.08 Lakh (FY 2023) | -30.0% | Thiruvarur, Tamil Nadu, India | |||
| Dheva Forex Private Limited | ₹10.07 Lakh (FY 2023) | 149.0% | Chennai, Tamil Nadu, India | |||
| Hepriko Forex Private Limitedthis company | ₹10.02 Lakh (FY 2025) | ₹78,118 | 7.8% | -38.0% | Ahmedabad, Gujarat, India | |
| Nirankar Forex Private Limited | ₹9.53 Lakh (FY 2024) | 37.0% | Ajmer, Rajasthan, India | |||
| Nagvekar Forex Private Limited | ₹9.53 Lakh (FY 2023) | 41.0% | Mapusa Bardez, Goa, India | |||
| Capital Forex Services Private Limited | ₹9.34 Lakh (FY 2025) | -88.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Hepriko Forex Private Limited, buy the company report.
Auditor
Hepriko Forex Private Limited is audited by V GOSWAMI CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V GOSWAMI CO | FY 2023 | 128769W |
Shareholding
The shareholding of Hepriko Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hepriko Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hepriko Forex 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 Hepriko Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hepriko Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV5609C1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hepriko Forex Private Limited, buy the company report.
Recent activity
Hepriko Forex Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Jaswant Chimanlal Kothari ceased to be Director on 25 Jan 2018.
AGM
Hepriko Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hepriko Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jaswant Chimanlal Kothari ceased to be Director.
Appointed
Anjana Kothari was appointed as Director.
Ceased
Minesh Bhupendrabhai Oza ceased to be Director.
Appointed
Jaswant Chimanlal Kothari was appointed as Director.
Appointed
Minesh Bhupendrabhai Oza was appointed as Director.
Appointed
Nixon Jaswant Kothari was appointed as Director.
Incorporation
07 Oct 2009
Hepriko Forex Private Limited was registered on 07 Oct 2009 with Roc Ahmedabad & aged 17 years 21 days as per MCA records.
Frequently asked questions
Hepriko Forex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 07 October 2009 (17+ years old) and is registered under CIN U67100GJ2009PTC058273.
Hepriko Forex has 2 current directors:
- Nixon Jaswant Kothari - Director
- Anjana Kothari - Director
The latest financial statements of Hepriko Forex 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 Hepriko Forex is 24AADCV5609C1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Hepriko Forex is U67100GJ2009PTC058273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hepriko Forex was incorporated on 07 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hepriko Forex by revenue are Zen Forex and Management Private Limited, Sreelall Foreign Money Changers Private Limited, Karkesh Forex Services Private Limited, Dheva Forex Private Limited, Nirankar Forex Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Jaswant Chimanlal Kothari ceased to be Director on 25 Jan 2018. Anjana Kothari was appointed as Director on 24 Jan 2018. Minesh Bhupendrabhai Oza ceased to be Director on 29 Jun 2013. Hepriko Forex has 6 board changes on record in total.
Yes, Hepriko Forex is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0014048).
The registered office of Hepriko Forex is at No 5 Rangoli Complex Nr V S Hospital Madalpur Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Hepriko Forex operates in the financial services industry, in the forex services segment.