Khinvasara Forex Private Limited
About Khinvasara Forex Private Limited
Data last updated:
Khinvasara 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 02 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67200PN2017PTC168195. Its GSTIN is 27AAGCK5246H1ZE (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sandeep Amarchand Khinvasara and Anita Sandeep Khinvasara.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No 116 Market Yard ( Krishi Uttpannabazzar) Samiti Gultekdi Gangadham Road, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹78,612 (net margin 0.7%) and EBITDA of ₹84,776 (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Khinvasara Forex Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 116 Market Yard ( Krishi Uttpannabazzar) Samiti Gultekdi Gangadham Road, Pune, Maharashtra, India – 411037
- IndustryFinancial Services, Forex Services
To see the full contact details of Khinvasara 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 Khinvasara 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 Khinvasara Forex Private Limited, buy the company report.
Financials of Khinvasara Forex Private Limited
FY 2023 filings availableKhinvasara Forex Private Limited reported revenue of ₹1.06 Cr (up 724% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 724% growth in the latest year. EBITDA rose 55% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹84,776 | ||||
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| Net Profit (PAT) | ₹78,612 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Khinvasara Forex Private Limited, buy the company report.
Board of directors of Khinvasara Forex Private Limited
Khinvasara Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Amarchand Khinvasara | Director | 02 Feb 2017 | 9 Years 8 Months | Current |
| Anita Sandeep Khinvasara | Director | 02 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Khinvasara 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 (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Forex Private Limited | ₹1.13 Cr (FY 2025) | -59.0% | New Delhi, Delhi, India | |||
| Shiv Sai Forex Private Limited | ₹1.07 Cr (FY 2021) | -75.0% | Karnal, Haryana, India | |||
| Khinvasara Forex Private Limitedthis company | ₹1.06 Cr (FY 2023) | ₹78,612 | 0.7% | 724.0% | Pune, Maharashtra, India | |
| Jayam Forex Private Limited | ₹1.04 Cr (FY 2025) | 149.0% | Chennai, Tamil Nadu, India | |||
| SRN Forex and Travels Private Limited | ₹1.03 Cr (FY 2020) | 101666.0% | Kolkata, West Bengal, India | |||
| Nodi Forex Limited | ₹1.03 Cr (FY 2024) | 1088.0% | Nadia, West Bengal, India |
To see the full peer comparison of Khinvasara Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Khinvasara 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 Khinvasara Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khinvasara Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK5246H1ZE | Maharashtra | Active | 23 Oct 2017 |
To see the full GST registrations and return filing status of Khinvasara Forex Private Limited, buy the company report.
Recent activity
Khinvasara Forex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Anita Sandeep Khinvasara was appointed as Director on 02 Feb 2017.
Frequently asked questions
Khinvasara 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 02 February 2017 (9+ years old) and is registered under CIN U67200PN2017PTC168195.
Khinvasara Forex has 2 current directors:
- Sandeep Amarchand Khinvasara - Director
- Anita Sandeep Khinvasara - Director
The latest financial statements of Khinvasara Forex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Khinvasara Forex is 27AAGCK5246H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Khinvasara Forex is U67200PN2017PTC168195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khinvasara Forex was incorporated on 02 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Khinvasara Forex by revenue are Bajaj Forex Private Limited, Shiv Sai Forex Private Limited, Jayam Forex Private Limited, SRN Forex and Travels Private Limited, Nodi Forex Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Anita Sandeep Khinvasara was appointed as Director on 02 Feb 2017. Sandeep Amarchand Khinvasara was appointed as Director on 02 Feb 2017.
The registered office of Khinvasara Forex is at Shop No 116 Market Yard Krishi Uttpannabazzar Samiti Gultekdi Gangadham Road, Pune, Maharashtra, India – 411037.
Khinvasara Forex operates in the financial services industry, in the forex services segment.
The compliance status of Khinvasara Forex is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.