Kings India Forex Private Limited
About Kings India Forex Private Limited
Data last updated:
Kings India Forex Private Limited is a private limited company based in Bardez, Goa, India. It operates in the forex services segment of the financial services sector. It was incorporated on 16 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74999GA2009PTC006133. Its GSTIN is 30AADCK7328P2Z9 (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Caridade Miguel Fernandes and Ravindra Suryakant Mavalankar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No.A – 6 – 1 Dona Alcina Estates Opp. Primary Health Centre, Bardez, Goa, India – 403515.
As per the financials filed for FY 2019, the company reported a revenue of ₹14.32 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Lakh (net margin -0.1%) and EBITDA of -₹1.57 Lakh (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kings India Forex Private Limited's registered office is in Bardez, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.A – 6 – 1 Dona Alcina Estates Opp. Primary Health Centre, Bardez, Goa, India – 403515
- IndustryFinancial Services, Forex Services
To see the full contact details of Kings India 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 Kings India 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 Kings India Forex Private Limited, buy the company report.
Financials of Kings India Forex Private Limited
FY 2019 filings availableKings India Forex Private Limited reported revenue of ₹14.32 Cr (down 44% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 44% fall in the latest year. EBITDA fell 280% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| 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 Kings India Forex Private Limited, buy the company report.
Board of directors of Kings India Forex Private Limited
Kings India Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Caridade Miguel Fernandes | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
| Ravindra Suryakant Mavalankar | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
| Ganesh Gopal Gaonkar | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
Peer comparison
Kings India Forex Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Silver Bells Forex & Travels Private Limited | ₹14.42 Cr (FY 2025) | -45.0% | Jaipur, Rajasthan, India | |||
| Rashmoni Forex & Travels Private Limited | ₹14.33 Cr (FY 2025) | -32.0% | Kolkata, West Bengal, India | |||
| Jogajog Foorex Private Limited | ₹14.33 Cr (FY 2025) | -40.0% | Kolkata, West Bengal, India | |||
| Kings India Forex Private Limitedthis company | ₹14.32 Cr (FY 2019) | -₹1.63 Lakh | -0.1% | -44.0% | Bardez, Goa, India | |
| Krishna Money Exchange Private Limited | ₹14.29 Cr (FY 2024) | 460.0% | Kochi, Kerala, India |
To see the full peer comparison of Kings India Forex Private Limited, buy the company report.
Auditor
Kings India Forex Private Limited is audited by PRADIP LAD & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP LAD & ASSOCIATES | FY 2019 | 114761W |
Shareholding
The shareholding of Kings India 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 Kings India Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kings India 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 Kings India Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kings India Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCK7328P2Z9 | Goa | Active | 06 Feb 2020 |
To see the full GST registrations and return filing status of Kings India Forex Private Limited, buy the company report.
Recent activity
Kings India Forex Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Caridade Miguel Fernandes was appointed as Director on 16 Jul 2009.
Frequently asked questions
Kings India Forex is an active private limited company based in Bardez, Goa, India. The company works in forex services, within the financial services industry. It was incorporated on 16 July 2009 (17+ years old) and is registered under CIN U74999GA2009PTC006133.
Kings India Forex has 3 current directors:
- Caridade Miguel Fernandes - Director
- Ravindra Suryakant Mavalankar - Director
- Ganesh Gopal Gaonkar - Director
The latest financial statements of Kings India Forex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Kings India Forex is 30AADCK7328P2Z9, registered in Goa. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kings India Forex is U74999GA2009PTC006133. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kings India Forex was incorporated on 16 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Kings India Forex by revenue are Silver Bells Forex & Travels Private Limited, Rashmoni Forex & Travels Private Limited, Jogajog Foorex Private Limited, Krishna Money Exchange Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Caridade Miguel Fernandes was appointed as Director on 16 Jul 2009. Ganesh Gopal Gaonkar was appointed as Director on 16 Jul 2009. Ravindra Suryakant Mavalankar was appointed as Director on 16 Jul 2009.
The registered office of Kings India Forex is at Shop No.A – 6 – 1 Dona Alcina Estates Opp. Primary Health Centre, Bardez, Goa, India – 403515.
Kings India Forex operates in the financial services industry, in the forex services segment.
The compliance status of Kings India Forex is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.
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