Max Forex Private Limited
About Max Forex Private Limited
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Max Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2002PTC137206. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Shoeb Zakaria Noorani (Managing Director) and Sameera Shoeb Noorani.
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 Mumbai, Maharashtra.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Max Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAshoka Shopping Centre Shop No. 64 Ground Floor L.T. Marg G.T. Hospital Co, Mpound, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Max 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 Max 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 Max Forex Private Limited, buy the company report.
Financials of Max Forex Private Limited
FY 2025 filings availableMax Forex Private Limited reported revenue of ₹6,220 (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 71%. 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
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Financial Ratios
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To see the full financial statements and ratios of Max Forex Private Limited, buy the company report.
Board of directors of Max Forex Private Limited
Max Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameera Shoeb Noorani | Director | 16 Sep 2002 | 24 Years 1 Months | Current |
| Shoeb Zakaria Noorani | Managing Director | 16 Sep 2002 | 24 Years 1 Months | Current |
Peer comparison
Max Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Om Vintrade Private Limited | ₹6,811 (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Parla Investment Consultants Private Limited | ₹6,575 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Xpress 4X Foreign Exchange and Services Private Limited | ₹6,459 (FY 2025) | -73.0% | Mumbai, Maharashtra, India | |||
| Sriana Enterprises Private Limited | ₹6,382 (FY 2025) | New Delhi, Delhi, India | ||||
| TFS Tech Soft Private Limited | ₹6,255 (FY 2025) | -93.0% | Mumbai, Maharashtra, India | |||
| Max Forex Private Limitedthis company | ₹6,220 (FY 2024) | 32.0% | Mumbai, Maharashtra, India | |||
| Capshomes Commodity Trading Private Limited | ₹6,079 (FY 2025) | -92.0% | Cola Compound, Worli Naka, Maharashtra, India | |||
| Chawla Housing Private Limited | ₹6,000 (FY 2025) | 5900.0% | Mumbai, Maharashtra, India | |||
| Indel Money Fin-Tech Private Limited | ₹6,000 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Punya Investments Private Limited | ₹6,000 (FY 2024) | Nagpur, Maharashtra, India | ||||
| Subathu Beverages Private Limited | ₹5,957 (FY 2025) | -100.0% | Delhi, India |
To see the full peer comparison of Max Forex Private Limited, buy the company report.
Auditor
Max Forex Private Limited is audited by HAWA & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAWA & Co. | FY 2017 | 124470 |
Shareholding
The shareholding of Max Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Max Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Max 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 Max Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Max Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Max Forex Private Limited, buy the company report.
Recent activity
Max Forex Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Haroon Rashid Katchi ceased to be Director on 01 Sep 2018.
Frequently asked questions
Max Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 September 2002 (24+ years old) and is registered under CIN U74999MH2002PTC137206.
Max Forex has 2 current directors:
- Shoeb Zakaria Noorani - Managing Director
- Sameera Shoeb Noorani - Director
The latest financial statements of Max 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.
No. Max Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Max Forex is U74999MH2002PTC137206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Forex was incorporated on 16 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Max Forex by revenue are Om Vintrade Private Limited, Parla Investment Consultants Private Limited, Xpress 4X Foreign Exchange and Services Private Limited, Sriana Enterprises Private Limited, TFS Tech Soft Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Haroon Rashid Katchi ceased to be Director on 01 Sep 2018. Sameera Shoeb Noorani was appointed as Director on 16 Sep 2002. Shoeb Zakaria Noorani was appointed as Managing Director on 16 Sep 2002.
The registered office of Max Forex is at Ashoka Shopping Centre Shop No. 64 Ground Floor L.T. Marg G.T. Hospital Co, Mpound, Mumbai, Maharashtra, India – 400001.
Max Forex operates in the financial services industry, in the financial activities segment.
The compliance status of Max Forex is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.