- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0194401

Jainam Forex Services Private Limited
About Jainam Forex Services Private Limited
Data last updated:
Jainam Forex Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 08 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2019PTC322307.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Raichand Kanhaiyalal Jain (Managing Director) and Vidya Raichand Jain.
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 F4 Shop No. 14 Sector 6 Shantivan Chs CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.78 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Lakh (net margin 0.2%) and EBITDA of ₹1.74 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 119% over three years and 86% over five years.
Jainam Forex Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0194401).
Recognitions & Rankings of Jainam Forex Services
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressF4 Shop No. 14 Sector 6 Shantivan Chs CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Jainam Forex Services Private Limited
The main business activity of Jainam Forex Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Jainam Forex Services Private Limited FY 2025 filings available
Jainam Forex Services Private Limited reported revenue of ₹6.78 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jainam Forex Services Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 86%. EBITDA fell 26% 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 Jainam 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 | ₹1.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.69 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 Jainam Forex Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Jainam Forex Services are in the company report.
Financial statements from FY 2019
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 Jainam Forex Services Private Limited
Jainam Forex Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raichand Kanhaiyalal Jain | Managing Director | 08 Mar 2019 | 7 Years 7 Months | Current |
| Vidya Raichand Jain | Director | 08 Mar 2019 | 7 Years 7 Months | Current |
Peer Comparison of Jainam Forex Services Private Limited
Jainam 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 |
|---|---|---|---|---|---|---|
| Cherry Blossom Forex Private Limited | ₹6.95 Cr (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Kumarakom Forex Private Limited | ₹6.94 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Kottayam, Kerala, India |
| Metro Forex Private Limited | ₹6.9 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bharuch, Gujarat, India |
| Unick Travel & Forex Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Thiruvananthapuram, Kerala, India |
| Hipex Forex Private Limited | ₹6.8 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Jainam Forex Services Private Limited this company | ₹6.78 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Navi Mumbai, Maharashtra, India |
| Lexus Forex Private Limited | ₹6.75 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Vision Forex Private Limited | ₹6.72 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bengaluru, Karnataka, India |
| Izna Forex & Travels Private Limited | ₹6.69 Cr (FY 2025) | •••• | •••• | -77.0% | •••• | Kolkata, West Bengal, India |
| Mohanraj Trading and Exchange Private Limited | ₹6.66 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Asian Forex Private Limited | ₹6.56 Cr (FY 2019) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Jainam 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.
Ownership and Shareholding of Jainam 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 Jainam Forex Services Private Limited
Jainam Forex Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Jainam Forex Services Private Limited
Employment history and EPFO contributions of people linked to Jainam 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 Jainam Forex Services Private Limited
Jainam Forex Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Raichand Kanhaiyalal Jain was appointed as Managing Director on 08 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Jainam 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 Jainam 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 Jainam 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 Jainam Forex Services Private Limited
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 Jainam 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 Jainam Forex Services Private Limited
Jainam Forex Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 08 March 2019 (7+ years old) and is registered under CIN U67100MH2019PTC322307.
Jainam Forex Services reported revenue of ₹6.78 Cr for FY 2025 (down 14% YoY).
Jainam Forex Services has 2 current directors:
- Raichand Kanhaiyalal Jain - Managing Director
- Vidya Raichand Jain - Director
Jainam Forex Services reported a net profit of ₹1.69 Lakh (net margin 0.2%) and EBITDA of ₹1.74 Lakh (EBITDA margin 0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jainam Forex Services is 119% over three years and 86% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Jainam Forex Services is U67100MH2019PTC322307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jainam Forex Services was incorporated on 08 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jainam Forex Services by revenue are Cherry Blossom Forex Private Limited, Kumarakom Forex Private Limited, Metro Forex Private Limited, Unick Travel & Forex Private Limited, Hipex Forex Private Limited and 5 more, all in the BFSI industry (Forex Services, Money Exchange Services).
Raichand Kanhaiyalal Jain was appointed as Managing Director on 08 Mar 2019. Vidya Raichand Jain was appointed as Director on 08 Mar 2019.
Yes, Jainam Forex Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0194401).
The registered office of Jainam Forex Services is at F4 Shop No. 14 Sector 6 Shantivan Chs CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.