About Laxmii Forex Limited
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Laxmii Forex Limited is a public limited company based in Pune, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 21 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65999PN2006PLC129117. Its GSTIN is 27AABCL2207J1ZQ (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.07 Cr. It is led by directors including Nishikant Ramesh Bhalerao and Poonam Nishikant Bhalerao.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.6 & 7 Business Guild Law College Road, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹507.67 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹63.85 Lakh (net margin 0.1%) and EBITDA of ₹1.65 Cr (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years.
The company is associated with 1 brand: Laxmii Forex. As per MCA filings, the company has open charges of ₹5.51 Cr and satisfied charges of ₹4.42 Cr on record. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.72 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxmiiforex.com.
Company details
CIN history
Laxmii Forex has one previous CIN (Corporate Identification Number): U65999PN2006PTC129117. The current CIN is U65999PN2006PLC129117, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999PN2006PLC129117 | Current |
| U65999PN2006PTC129117 | Previous |
Contact details
Laxmii Forex Limited's registered office is in Pune, Maharashtra. Its website is laxmiiforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No.6 & 7 Business Guild Law College Road, Pune, Maharashtra, India – 411005
- IndustryFinancial Services, Forex Services
To see the full contact details of Laxmii Forex 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
Brands
Laxmii Forex operates one associated brand: Laxmii Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign exchange services including currency exchange and international transfers are provided in India. | laxmiiforex.com |
Business activity
The main business activity of Laxmii 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 Laxmii Forex Limited, buy the company report.
Financials of Laxmii Forex Limited
FY 2024 filings availableLaxmii Forex Limited reported revenue of ₹507.67 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 127% over three years, including 16% growth in the latest year. EBITDA fell 23% 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 | ₹1.65 Cr | ||||
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| Net Profit (PAT) | ₹63.85 Lakh | ||||
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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 | 0.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Laxmii Forex Limited, buy the company report.
Board of directors of Laxmii Forex Limited
Laxmii Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishikant Ramesh Bhalerao Also directs: Aishwarya Insurance Marketing Private Limited | Director | 21 Sep 2006 | 20 Years 1 Months | Current |
| Poonam Nishikant Bhalerao Also directs: Aishwarya Insurance Marketing Private Limited | Director | 21 Sep 2006 | 20 Years 1 Months | Current |
| Sahil Bhalerao | Director | 31 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Laxmii Forex Limited is audited by Choughule Ranade & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Choughule Ranade & Associates | FY 2023 | 127952W |
Shareholding
The shareholding of Laxmii Forex Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmii Forex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2024 | 101045384 | Hdfc Bank Limited | ₹1.51 Cr | Open | |
| 20 Dec 2023 | 100853709 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 04 Jan 2022 | 100560399 | Others | ₹4.42 Cr | Satisfied |
To see the full charge records of Laxmii Forex Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Laxmii Forex Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.72 Cr; the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Dec 2020 | Funding round | ₹7.48 Cr | Investors: 2 individuals |
| Mar 2007 | Funding round | ₹24.2 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Laxmii Forex 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 Laxmii Forex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmii Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL2207J1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laxmii Forex Limited, buy the company report.
Recent activity
Laxmii Forex Limited has 3 board changes on record since 2006: 3 appointments. The latest: Sahil Bhalerao was appointed as Director on 31 Jan 2023.
Frequently asked questions
Laxmii Forex is an active public limited company based in Pune, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 21 September 2006 (20+ years old) and is registered under CIN U65999PN2006PLC129117.
Laxmii Forex has 3 current directors:
- Nishikant Ramesh Bhalerao - Director
- Poonam Nishikant Bhalerao - Director
- Sahil Bhalerao - Director
The latest financial statements of Laxmii Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxmii Forex is 27AABCL2207J1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Laxmii Forex is U65999PN2006PLC129117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmii Forex was incorporated on 21 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Laxmii Forex has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.72 Cr; the latest was in March 2023.
Sahil Bhalerao was appointed as Director on 31 Jan 2023. Nishikant Ramesh Bhalerao was appointed as Director on 21 Sep 2006. Poonam Nishikant Bhalerao was appointed as Director on 21 Sep 2006.
Laxmii Forex can be reached through the website laxmiiforex.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Laxmii Forex is at Shop No.6 & 7 Business Guild Law College Road, Pune, Maharashtra, India – 411005.
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