Laxman Forex Private Limited
About Laxman Forex Private Limited
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Laxman Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 23 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65990TN2020PTC133981. Its GSTIN is 33AAECL1467B1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Sethukkarasu Mahamayee and Sethukkarasu Lakshmanan.
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. 4 First Floor Plot No. 86 New No. 61 28th St Thillai Ganga Nagar, Chennai, Tamil Nadu, India – 600061.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22,783 (net margin 0%) and EBITDA of ₹36,149 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 504% over three years.
Company details
Contact details
Laxman Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 4 First Floor Plot No. 86 New No. 61 28th St Thillai Ganga Nagar, Chennai, Tamil Nadu, India – 600061
- IndustryFinancial Services, Forex Services
To see the full contact details of Laxman 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 Laxman 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 Laxman Forex Private Limited, buy the company report.
Financials of Laxman Forex Private Limited
FY 2025 filings availableLaxman Forex Private Limited reported revenue of ₹7.63 Cr (up 7117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 504% over three years. EBITDA rose 16% 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 | ₹36,149 | ||||
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| Net Profit (PAT) | ₹22,783 | ||||
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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% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Laxman Forex Private Limited, buy the company report.
Board of directors of Laxman Forex Private Limited
Laxman Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sethukkarasu Mahamayee | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
| Sethukkarasu Lakshmanan | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Laxman 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 |
|---|---|---|---|---|---|---|
| Laxman Forex Private Limitedthis company | ₹7.63 Cr (FY 2025) | ₹22,783 | 0% | 7117.0% | Chennai, Tamil Nadu, India | |
| Topknot Forex Private Limited | ₹7.61 Cr (FY 2025) | -2.0% | Kanpur, Uttar Pradesh, India | |||
| Haast Forex Private Limited | ₹7.57 Cr (FY 2025) | -9.0% | Panipat, Haryana, India | |||
| Gauri Forex Private Limited | ₹7.57 Cr (FY 2024) | 40.0% | Delhi, India | |||
| Ldgarg Forex Private Limited | ₹7.55 Cr (FY 2025) | -27.0% | Barnala, Punjab, India |
To see the full peer comparison of Laxman Forex Private Limited, buy the company report.
Auditor
Laxman Forex Private Limited is audited by CARVALHO ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CARVALHO ASSOCIATES LLP | FY 2021 | 000532S |
Shareholding
The shareholding of Laxman Forex Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Laxman Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Laxman 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 Laxman Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxman Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECL1467B1ZZ | Tamil Nadu | Active | 22 Apr 2020 |
To see the full GST registrations and return filing status of Laxman Forex Private Limited, buy the company report.
Recent activity
Laxman Forex Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Sethukkarasu Lakshmanan was appointed as Director on 23 Jan 2020.
Frequently asked questions
Laxman Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 23 January 2020 (6+ years old) and is registered under CIN U65990TN2020PTC133981.
Laxman Forex has 2 current directors:
- Sethukkarasu Mahamayee - Director
- Sethukkarasu Lakshmanan - Director
The latest financial statements of Laxman 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 FY 2020 are in the company report.
The GSTIN of Laxman Forex is 33AAECL1467B1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Laxman Forex is U65990TN2020PTC133981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxman Forex was incorporated on 23 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Laxman Forex by revenue are Topknot Forex Private Limited, Haast Forex Private Limited, Gauri Forex Private Limited, Ldgarg Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Sethukkarasu Lakshmanan was appointed as Director on 23 Jan 2020. Sethukkarasu Mahamayee was appointed as Director on 23 Jan 2020.
The registered office of Laxman Forex is at Shop No. 4 First Floor Plot No. 86 New No. 61 28th St Thillai Ganga Nagar, Chennai, Tamil Nadu, India – 600061.
Laxman Forex operates in the financial services industry, in the forex services segment.
Laxman Forex can be reached at its registered office: Shop No. 4 First Floor Plot No. 86 New No. 61 28th St Thillai Ganga Nagar, Chennai, Tamil Nadu, India – 600061.
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