About Indo-Gulf Forex Private Limited
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Indo-Gulf Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 15 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1999PTC122651. Its GSTIN is 27AAACI5631C1ZZ (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors including Vijay Ramprakash Kapoor (Whole-Time Director) and Santosh Shantaram Rane (Whole-Time Director).
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 K.K.Chambers. Sir P T Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.46 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Lakh (net margin 0.1%) and EBITDA of ₹2.98 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 8% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indo-gulf-forex-private-limited.business.site.
Company details
Contact details
Indo-Gulf Forex Private Limited's registered office is in Mumbai, Maharashtra. Its website is indo-gulf-forex-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressK.K.Chambers. Sir P T Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Forex Services
To see the full contact details of Indo-Gulf 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 Indo-Gulf 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 Indo-Gulf Forex Private Limited, buy the company report.
Financials of Indo-Gulf Forex Private Limited
FY 2025 filings availableIndo-Gulf Forex Private Limited reported revenue of ₹29.46 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 1% growth in the latest year. EBITDA fell 71% 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 | ₹2.98 Lakh | ||||
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| Net Profit (PAT) | ₹1.94 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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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Indo-Gulf Forex Private Limited, buy the company report.
Board of directors of Indo-Gulf Forex Private Limited
Indo-Gulf Forex has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Ramprakash Kapoor | Whole-Time Director | 15 Nov 1999 | 26 Years 11 Months | Current |
| Santosh Shantaram Rane | Whole-Time Director | 02 Jan 2012 | 14 Years 9 Months | Current |
| Priti Vijay Kapoor | Director | 14 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Indo-Gulf Forex Private Limited is audited by S. M. Kapoor & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. M. Kapoor & Co. | FY 2023 | 104809W |
Shareholding
The shareholding of Indo-Gulf 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 Indo-Gulf Forex Private Limited, buy the company report.
Legal cases
Indo-Gulf Forex Private Limited has 1 court case on record: 1 filed by Indo-Gulf Forex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Roshvill Enterprises Anr. and 2 others | Disposed |
To see the full case history of Indo-Gulf Forex 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 Indo-Gulf Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indo-Gulf Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI5631C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indo-Gulf Forex Private Limited, buy the company report.
Recent activity
Indo-Gulf Forex Private Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Priti Vijay Kapoor ceased to be Additional Director on 27 Sep 2019.
Frequently asked questions
Indo-Gulf Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 15 November 1999 (27+ years old) and is registered under CIN U67190MH1999PTC122651.
Indo-Gulf Forex has 3 current directors:
- Vijay Ramprakash Kapoor - Whole-Time Director
- Santosh Shantaram Rane - Whole-Time Director
- Priti Vijay Kapoor - Director
The latest financial statements of Indo-Gulf 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 Indo-Gulf Forex is 27AAACI5631C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indo-Gulf Forex is U67190MH1999PTC122651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo-Gulf Forex has 1 court case on record: 1 filed by the company.
Indo-Gulf Forex was incorporated on 15 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Priti Vijay Kapoor ceased to be Additional Director on 27 Sep 2019. Priti Vijay Kapoor was appointed as Director on 14 Feb 2019. Santosh Shantaram Rane was appointed as Whole-Time Director on 02 Jan 2012. Indo-Gulf Forex has 7 board changes on record in total.
Indo-Gulf Forex can be reached through the website indo-gulf-forex-private-limited.business.site. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Indo-Gulf Forex is at K.K.Chambers. Sir P T Marg Fort, Mumbai, Maharashtra, India – 400001.