India Forex & Asset Management Private Limited - Company Profile

It is a business outsourcing private limited company based in Kolkata, West Bengal, India, established in 1984.

1984 Kolkata, West Bengal, India Active

Last Updated: December 10, 2025

About India Forex & Asset Management Private Limited

India Forex & Asset Management Private Limited, a active private limited company, was established on 26 December 1984 in Kolkata, West Bengal, India. Engaging in business & it consulting within the financial and insurance service sector, it holds CIN: U51109WB1984PTC038335. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹1.05 M.

Formerly known as Rounak Commercial Pvt Ltd. It upholds a compliant status. Its leadership includes Abhishek Goenka (Director), Nitika Bansal Goenka (Director). Past directors included Madan Mohan Goenka. It holds ₹2.99 Cr open charges and ₹2.30 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2/3, Judges' Court Road Flat No. 4A, South Tower, Divine Bliss, Kolkata, West Bengal, 700027.

Company Details

CIN/LLPIN
U51109WB1984PTC038335
Registration Number
038335
Incorporation Date
26 December 1984
Authorized Capital
₹5.00 M
Paid-Up Capital
₹1.05 M
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 M as on 10-12-2025
Paid Up Capital ₹ 1.05 M as on 10-12-2025
Company Age 41 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2.99 Cr as on 10-12-2025
Satisfied Charges ₹ 2.30 Cr as on 10-12-2025
Revenue Growth **** 0.14% (FY 2023)
Profit Growth **** -37.69% (FY 2023)
Ebitda **** -19.92% (FY 2023)
Net Worth 8.98% (FY 2023)
Total Assets **** 34.77% (FY 2023)

Comprehensive Company Insights

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Who are the key members and board of directors at India Forex & Asset Management Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Abhishek Goenka	Director	25 Nov 2005	Current
Nitika Bansal Goenka	Director	26 Oct 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Aug 2022	Past

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Financial Performance of India Forex & Asset Management.

India Forex & Asset Management Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.14% increase. The company also saw a substantial fall in profitability, with a 37.69% decrease in profit. The company's net worth moved up by a moderate rise of 8.98%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

0.14%

*******

Revenue from Operations

*******

0.84%

*******

Total Assets

*******

34.77%

*******

Profit or Loss

*******

-37.69%

*******

Net Worth

*******

8.98%

*******

EBITDA

*******

-19.92%

*******

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What is the Ownership and Shareholding Structure of India Forex & Asset Management?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹29,948,000.00

Satisfied Charges

₹23,000,000.00

Charges Breakdown by Lending Institutions

Standard Chartered Bank : 2.79 Cr
Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Jul 2023	Standard Chartered Bank	₹2.79 Cr	Open
05 Jul 2022	Hdfc Bank Limited	₹2.05 M	Open
13 Jul 2017	Others	₹2.30 Cr	Satisfied

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How Many Employees Work at India Forex & Asset Management?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on India Forex & Asset Management

Recent Activity within the Organization

Annual General Meeting

Progress on India Forex & Asset Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

India Forex & Asset Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.
31 Mar 2024
Charges

Progress on A charge with Standard Chartered Bank amounted to Rs. 27.90 M with Charge ID 100748669 was registered on 24 Jul 2023. was documented.
24 Jul 2023
Charges

The activity A charge registered on 13 Jul 2017 via Charge ID 100114773 with Others was fully satisfied on 15 Feb 2023. was completed.
15 Feb 2023
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 2.05 M with Charge ID 100592445 was registered on 05 Jul 2022. was documented.
05 Jul 2022
Charges

The activity A charge with Others amounted to Rs. 23.00 M with Charge ID 100114773 was registered on 13 Jul 2017. was completed.
13 Jul 2017

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