K R Forex Private Limited
About K R Forex Private Limited
Data last updated:
K R Forex Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 13 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2000PTC038793. Its GSTIN is 24AACCK5474B1ZU (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Kruti Rakesh Shah and Rakesh Anantrai Shah.
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 50 – 51 Payal Complex Ground Floor Opp. Vadodara Stock Exchange Limited, Gujarat, India – 390005.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹52,050 (net margin 17.3%) and EBITDA of ₹48,460 (EBITDA margin 16.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
K R Forex Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address50 – 51 Payal Complex Ground Floor Opp. Vadodara Stock Exchange Limited, Gujarat, India – 390005
- IndustryFinancial Services, Forex Services
To see the full contact details of K R 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 K R 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 K R Forex Private Limited, buy the company report.
Financials of K R Forex Private Limited
FY 2025 filings availableK R Forex Private Limited reported revenue of ₹3 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 45% fall in the latest year. EBITDA rose 2% 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 | ₹48,460 | ||||
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| Net Profit (PAT) | ₹52,050 | ||||
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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 | 16.1% | ||||
| Net Profit Margin | 17.3% | ||||
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To see the full financial statements and ratios of K R Forex Private Limited, buy the company report.
Board of directors of K R Forex Private Limited
K R Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kruti Rakesh Shah | Director | 09 Oct 2009 | 17 Years 0 Months | Current |
| Rakesh Anantrai Shah | Director | 13 Oct 2000 | 26 Years 0 Months | Current |
Peer comparison
K R 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 (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambika Forex Private Limited | ₹3.05 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Solomon Forex Private Limited | ₹3.03 Lakh (FY 2023) | 65.0% | Delhi, India | |||
| Jaisurya Financial Services Limited | ₹3.01 Lakh (FY 2024) | -60.0% | Chennai, Tamil Nadu, India | |||
| K R Forex Private Limitedthis company | ₹3 Lakh (FY 2025) | ₹52,050 | 17.3% | -45.0% | Vadodara, Gujarat, India | |
| Krypton Direct Forex Private Limited | ₹2.98 Lakh (FY 2022) | -100.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of K R Forex Private Limited, buy the company report.
Shareholding
The shareholding of K R Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of K R Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving K R 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 K R Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K R Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK5474B1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of K R Forex Private Limited, buy the company report.
Recent activity
K R Forex Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Ketan Bhailal Shah ceased to be Director on 09 Oct 2009.
Frequently asked questions
K R Forex is an active private limited company based in Vadodara, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 13 October 2000 (26+ years old) and is registered under CIN U74140GJ2000PTC038793.
K R Forex has 2 current directors:
- Kruti Rakesh Shah - Director
- Rakesh Anantrai Shah - Director
The latest financial statements of K R 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 K R Forex is 24AACCK5474B1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of K R Forex is U74140GJ2000PTC038793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K R Forex was incorporated on 13 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of K R Forex by revenue are Ambika Forex Private Limited, Solomon Forex Private Limited, Jaisurya Financial Services Limited, Krypton Direct Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Ketan Bhailal Shah ceased to be Director on 09 Oct 2009. Kruti Rakesh Shah was appointed as Director on 09 Oct 2009. Rakesh Anantrai Shah was appointed as Director on 13 Oct 2000.
The registered office of K R Forex is at 50 – 51 Payal Complex Ground Floor Opp. Vadodara Stock Exchange Limited, Gujarat, India – 390005.
K R Forex operates in the financial services industry, in the forex services segment.
The compliance status of K R Forex is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.