K-24 Foreign Exchange Private Limited
About K-24 Foreign Exchange Private Limited
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K-24 Foreign Exchange Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 15 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2020PTC351924.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Ritik Prakash Parmar and Prakash Fatehlal Parmar.
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 Shop No 3 Panchal Niwas Akurli Road Near Bus Depot Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2022, the company reported a revenue of ₹31,184, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹33 (net margin -0.1%) and EBITDA of -₹59 (EBITDA margin -0.2%).
Company details
Contact details
K-24 Foreign Exchange Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 3 Panchal Niwas Akurli Road Near Bus Depot Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of K-24 Foreign Exchange 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
Financials of K-24 Foreign Exchange Private Limited
FY 2025 filings availableK-24 Foreign Exchange Private Limited reported revenue of ₹31,184 (up 176% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 176% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹31,184 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹59 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹33 | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.2% | |
| Net Profit Margin | -0.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of K-24 Foreign Exchange Private Limited, buy the company report.
Board of directors of K-24 Foreign Exchange Private Limited
K-24 Foreign Exchange has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritik Prakash Parmar | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Prakash Fatehlal Parmar | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving K-24 Foreign Exchange 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-24 Foreign Exchange Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
K-24 Foreign Exchange Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
No GST registration is on our record for K-24 Foreign Exchange Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
K-24 Foreign Exchange Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Prakash Fatehlal Parmar was appointed as Director on 15 Dec 2020.
Frequently asked questions
K-24 Foreign Exchange is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 15 December 2020 (6+ years old) and is registered under CIN U67100MH2020PTC351924.
K-24 Foreign Exchange has 2 current directors:
- Ritik Prakash Parmar - Director
- Prakash Fatehlal Parmar - Director
The latest financial statements of K-24 Foreign Exchange 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 2021 are in the company report.
The CIN (Corporate Identification Number) of K-24 Foreign Exchange is U67100MH2020PTC351924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K-24 Foreign Exchange was incorporated on 15 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Prakash Fatehlal Parmar was appointed as Director on 15 Dec 2020. Ritik Prakash Parmar was appointed as Director on 15 Dec 2020.
The registered office of K-24 Foreign Exchange is at Shop No 3 Panchal Niwas Akurli Road Near Bus Depot Kandivali East, Mumbai, Maharashtra, India – 400101.
K-24 Foreign Exchange operates in the financial services industry, in the auxiliary to financial intermediatory segment.
K-24 Foreign Exchange can be reached at its registered office: Shop No 3 Panchal Niwas Akurli Road Near Bus Depot Kandivali East, Mumbai, Maharashtra, India – 400101.
K-24 Foreign Exchange is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.