Indexes Forex Private Limited
About Indexes Forex Private Limited
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Indexes Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2017PTC222240. Its GSTIN is 19AAECI5896D1Z7 (West Bengal).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Shambhu Bahadur and Manik Sekh.
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 16 Marquis Street Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.7 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹3.26 Lakh (net margin 0%) and EBITDA of ₹4.41 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 182% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indexes Forex Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address16 Marquis Street Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Forex Services
To see the full contact details of Indexes Forex 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 Indexes Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Indexes Forex Private Limited, buy the company report.
Financials of Indexes Forex Private Limited
FY 2025 filings availableIndexes Forex Private Limited reported revenue of ₹68.7 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 39% fall in the latest year. EBITDA fell 21% 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 | ₹4.41 Lakh | ||||
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| Net Profit (PAT) | ₹3.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Indexes Forex Private Limited, buy the company report.
Board of directors of Indexes Forex Private Limited
Indexes Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shambhu Bahadur | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Manik Sekh | Director | 16 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Indexes Forex Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chirayu Forex Private Limited | ₹71.01 Cr (FY 2024) | 77.0% | Mumbai, Maharashtra, India | |||
| Executive Forex Private Limited | ₹69.68 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Vibrant Forex Private Limited | ₹68.75 Cr (FY 2025) | -45.0% | Bangalore, Karnataka, India | |||
| Indexes Forex Private Limitedthis company | ₹68.7 Cr (FY 2025) | ₹3.26 Lakh | 0% | -39.0% | Kolkata, West Bengal, India | |
| ZMS Forex and Tours Private Limited | ₹67.1 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Indexes Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indexes 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 Indexes Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indexes Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECI5896D1Z7 | West Bengal | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Indexes Forex Private Limited, buy the company report.
Recent activity
Indexes Forex Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Mohammad Shamsher Haidar ceased to be Director on 14 Dec 2022.
Frequently asked questions
Indexes Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 08 August 2017 (9+ years old) and is registered under CIN U74999WB2017PTC222240.
Indexes Forex has 2 current directors:
- Shambhu Bahadur - Director
- Manik Sekh - Director
The latest financial statements of Indexes 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 FY 2018 are in the company report.
The GSTIN of Indexes Forex is 19AAECI5896D1Z7, registered in West Bengal.
The CIN (Corporate Identification Number) of Indexes Forex is U74999WB2017PTC222240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indexes Forex was incorporated on 08 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Indexes Forex by revenue are Chirayu Forex Private Limited, Executive Forex Private Limited, Vibrant Forex Private Limited, ZMS Forex and Tours Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Mohammad Shamsher Haidar ceased to be Director on 14 Dec 2022. Shambhu Bahadur was appointed as Director on 13 Dec 2022. Manik Sekh was appointed as Director on 16 Jun 2022. Indexes Forex has 5 board changes on record in total.
The registered office of Indexes Forex is at 16 Marquis Street Kolkata, West Bengal, India – 700016.
Indexes Forex operates in the financial services industry, in the forex services segment.
The compliance status of Indexes Forex is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.