- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0051888

Kesar Forex Private Limited
About Kesar Forex Private Limited
Data last updated:
Kesar Forex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65999PN2005PTC020265. Its GSTIN is 27AACCK5256D1ZO (Maharashtra).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Uttam Babulal Palrecha and Kusum Uttam Palrecha.
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 527 Centre Street Camp Pune 411001, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.69 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹55,778 (net margin 0.1%) and EBITDA of ₹97,069 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years and 19% over five years.
Kesar Forex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0051888). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Kesar Forex
Contact details
Kesar Forex Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address527 Centre Street Camp Pune 411001, Maharashtra, India – 411001
- IndustryFinancial Services, Forex Services
To see the full contact details of Kesar 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 Kesar Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Kesar Forex Private Limited, buy the company report.
Financials of Kesar Forex Private Limited
FY 2025 filings availableKesar Forex Private Limited reported revenue of ₹9.69 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 69% 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 | ₹97,069 | ||||
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| Net Profit (PAT) | ₹55,778 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Kesar Forex Private Limited, buy the company report.
Board of directors of Kesar Forex Private Limited
Kesar Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttam Babulal Palrecha | Director | 08 Feb 2005 | 21 Years 8 Months | Current |
| Kusum Uttam Palrecha | Director | 08 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Kesar Forex Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BTT Forex Private Limited | ₹9.82 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Hilton Forex Private Limited | ₹9.8 Cr (FY 2024) | -25.0% | Delhi, India | |||
| Kesar Forex Private Limitedthis company | ₹9.69 Cr (FY 2025) | ₹55,778 | 0.1% | -4.0% | Pune, Maharashtra, India | |
| Suryavanshi Forex Private Limited | ₹9.61 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Sky Blue International Private Limited | ₹9.49 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India | |||
| Alpine Forex Private Limited | ₹9.44 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kesar Forex Private Limited, buy the company report.
Auditor
Kesar Forex Private Limited is audited by M G M AND COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G M AND COMPANY | FY 2019 | 117963W |
Shareholding
The shareholding of Kesar Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kesar Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kesar 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 Kesar Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kesar Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK5256D1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kesar Forex Private Limited, buy the company report.
Recent activity
Kesar Forex Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Kusum Uttam Palrecha was appointed as Director on 08 Feb 2005.
Frequently asked questions
Kesar Forex is an active private limited company based in Pune, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 08 February 2005 (21+ years old) and is registered under CIN U65999PN2005PTC020265.
Kesar Forex has 2 current directors:
- Uttam Babulal Palrecha - Director
- Kusum Uttam Palrecha - Director
The latest financial statements of Kesar 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 Kesar Forex is 27AACCK5256D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kesar Forex is U65999PN2005PTC020265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kesar Forex was incorporated on 08 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kesar Forex by revenue are BTT Forex Private Limited, Hilton Forex Private Limited, Suryavanshi Forex Private Limited, Sky Blue International Private Limited, Alpine Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Kusum Uttam Palrecha was appointed as Director on 08 Feb 2005. Uttam Babulal Palrecha was appointed as Director on 08 Feb 2005.
Yes, Kesar Forex is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0051888).
The registered office of Kesar Forex is at 527 Centre Street Camp Pune 411001, Maharashtra, India – 411001.
Kesar Forex operates in the financial services industry, in the forex services segment.

