KDS Forex Private Limited
About KDS Forex Private Limited
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KDS Forex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 04 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65999DL2018PTC336137. Its GSTIN is 07AAHCK1817D1ZU (Delhi).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Mohammad Salamat and Mehtab Alam.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No. 20 Mohan Singh Place Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.5 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹8.47 Lakh (net margin -0.6%) and EBITDA of -₹8.38 Lakh (EBITDA margin -0.6%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
KDS Forex Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 20 Mohan Singh Place Connaught Place, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Forex Services
To see the full contact details of KDS 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 KDS 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 KDS Forex Private Limited, buy the company report.
Financials of KDS Forex Private Limited
FY 2021 filings availableKDS Forex Private Limited reported revenue of ₹13.5 Cr (down 54% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year. EBITDA fell 986% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| 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 | -₹8.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.47 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.6% | ||
| Net Profit Margin | -0.6% | ||
| 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 | |||
To see the full financial statements and ratios of KDS Forex Private Limited, buy the company report.
Board of directors of KDS Forex Private Limited
KDS Forex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Salamat | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Mehtab Alam | Additional Director | 11 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
KDS Forex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| S.P.M. Forex and Tours Private Limited | ₹13.58 Cr (FY 2025) | -39.0% | Jaipur, Rajasthan, India | |||
| Twilight Forex Private Limited | ₹13.52 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| KDS Forex Private Limitedthis company | ₹13.5 Cr (FY 2021) | -₹8.47 Lakh | -0.6% | -54.0% | New Delhi, Delhi, India | |
| Ascentia Forex Private Limited | ₹13.5 Cr (FY 2019) | Mumbai, Maharashtra, India | ||||
| Marks & Kroners Forex Private Limited | ₹13.48 Cr (FY 2019) | 341.0% | Devasandra Circle, Karnataka, India | |||
| Sri Deivam Forex Private Limited | ₹13.46 Cr (FY 2025) | 1.0% | Chennai, Tamil Nadu, India | |||
| Nishant Forex Private Limited | ₹13.45 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India |
To see the full peer comparison of KDS Forex Private Limited, buy the company report.
Auditor
KDS Forex Private Limited is audited by RAJESH KRISHNA KHANNA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KRISHNA KHANNA & ASSOCIATES | FY 2019 | 007694N |
Shareholding
The shareholding of KDS Forex Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of KDS Forex Private Limited, buy the company report.
Legal cases
KDS Forex Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of KDS 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 KDS Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KDS Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCK1817D1ZU | Delhi | Active | 05 Sep 2019 |
To see the full GST registrations and return filing status of KDS Forex Private Limited, buy the company report.
Recent activity
KDS Forex Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Jaswinder Singh ceased to be Additional Director on 12 Nov 2020.
Frequently asked questions
KDS Forex is an active private limited company based in New Delhi, Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 04 July 2018 (8+ years old) and is registered under CIN U65999DL2018PTC336137.
KDS Forex has 2 current directors:
- Mohammad Salamat - Director
- Mehtab Alam - Additional Director
The latest financial statements of KDS Forex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of KDS Forex is 07AAHCK1817D1ZU, registered in Delhi.
The CIN (Corporate Identification Number) of KDS Forex is U65999DL2018PTC336137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KDS Forex has 1 court case on record: 1 filed against it. 1 is pending.
KDS Forex was incorporated on 04 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of KDS Forex by revenue are S.P.M. Forex and Tours Private Limited, Twilight Forex Private Limited, Ascentia Forex Private Limited, Marks & Kroners Forex Private Limited, Sri Deivam Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Jaswinder Singh ceased to be Additional Director on 12 Nov 2020. Mehtab Alam was appointed as Additional Director on 11 Nov 2020. Girdhari Lal ceased to be Director on 01 Aug 2020. KDS Forex has 7 board changes on record in total.
The registered office of KDS Forex is at Shop No. 20 Mohan Singh Place Connaught Place, New Delhi, Delhi, India – 110001.
KDS Forex operates in the financial services industry, in the forex services segment.