K.D. Forex Private Limited
About K.D. Forex Private Limited
Data last updated:
K.D. Forex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 14 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2009PTC058858. Its GSTIN is 24AADCK8377J1Z4 (Gujarat).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Karitk Rameshbhai Dave and Piyush Pranlal Jani.
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 City Shop Complex Opp. Jagnath Police Station Dr. Yagnik Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.09 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹47,310 (net margin 0.2%) and EBITDA of ₹70,920 (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 28% 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.
Company details
Contact details
K.D. Forex Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 3 City Shop Complex Opp. Jagnath Police Station Dr. Yagnik Road, Rajkot, Gujarat, India – 360001
- IndustryFinancial Services, Forex Services
To see the full contact details of K.D. 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.D. Forex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of K.D. Forex Private Limited, buy the company report.
Financials of K.D. Forex Private Limited
FY 2025 filings availableK.D. Forex Private Limited reported revenue of ₹2.09 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 39% fall in the latest year. EBITDA fell 85% 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 | ₹70,920 | ||||
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| Net Profit (PAT) | ₹47,310 | ||||
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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 | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of K.D. Forex Private Limited, buy the company report.
Board of directors of K.D. Forex Private Limited
K.D. Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karitk Rameshbhai Dave | Director | 14 Dec 2009 | 16 Years 10 Months | Current |
| Piyush Pranlal Jani | Director | 28 Jul 2014 | 12 Years 2 Months | Current |
Auditor
K.D. Forex Private Limited is audited by Y. C. Anarkat & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. C. Anarkat & Associates | FY 2023 | 124938W |
Shareholding
The shareholding of K.D. 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 K.D. Forex Private Limited, buy the company report.
Legal cases
K.D. Forex Private Limited has 1 court case on record: 1 filed by K.D. Forex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Union of India Through Secretary Ministry of Finance Secretary Department of Revenue No. 137 North Block, Cabinet Secretariat, Raisina Hill, New Delhi ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of K.D. 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 K.D. Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K.D. Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK8377J1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of K.D. Forex Private Limited, buy the company report.
Recent activity
K.D. Forex Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Piyush Pranlal Jani ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
K.D. Forex is an active private limited company based in Rajkot, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 14 December 2009 (17+ years old) and is registered under CIN U67190GJ2009PTC058858.
K.D. Forex has 2 current directors:
- Karitk Rameshbhai Dave - Director
- Piyush Pranlal Jani - Director
The latest financial statements of K.D. 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.D. Forex is 24AADCK8377J1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of K.D. Forex is U67190GJ2009PTC058858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K.D. Forex has 1 court case on record: 1 filed by the company.
K.D. Forex was incorporated on 14 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Piyush Pranlal Jani ceased to be Additional Director on 30 Sep 2014. Sadhana Kartikkumar Dave ceased to be Director on 02 Aug 2014. Piyush Pranlal Jani was appointed as Director on 28 Jul 2014. K.D. Forex has 5 board changes on record in total.
The registered office of K.D. Forex is at Shop No. 3 City Shop Complex Opp. Jagnath Police Station Dr. Yagnik Road, Rajkot, Gujarat, India – 360001.
K.D. Forex operates in the financial services industry, in the forex services segment.