Meets Forex Private Limited

Meets Forex Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2002PTC115204 Incorporated 02 May 2002 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹17 Cr
▲ 11% YoY
Net profit · FY 2024
₹4.59 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹8.31 Lakh
EBITDA margin 0.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹33.99 Lakh
Issued & subscribed
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Meets Forex Private Limited

Data last updated:

Meets Forex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 May 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2002PTC115204. Its GSTIN is 07AAFCM3028C2ZW (Delhi). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.99 Lakh. It is led by directors Varinder Kaur Khurana and Rajinder Singh Khurana.

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 18 Shatri Marketgurudwara Road Karol Bagh, New Delhi, Delhi, India – 110005.

As per the financials filed for FY 2024, the company reported a revenue of ₹17 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.59 Lakh (net margin 0.3%) and EBITDA of ₹8.31 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 9% over five years.

Court records list 2 cases involving the company, including 2 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999DL2002PTC115204
Registration Number 115204
Incorporation Date 02 May 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Meets Forex Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    18 Shatri Marketgurudwara Road Karol Bagh, New Delhi, Delhi, India – 110005
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Meets Forex Private Limited, buy the company report.

Comprehensive company report
Meets Forex Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Meets Forex is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Meets Forex Private Limited, buy the company report.

Financials of Meets Forex Private Limited

FY 2025 filings available

Meets Forex Private Limited reported revenue of ₹17 Cr (up 11% YoY) for FY 2024.

Revenue · FY 2024
₹17 Cr ▲ 11%
Net profit · FY 2024
₹4.59 Lakh margin 0.3%
EBITDA · FY 2024
₹8.31 Lakh margin 0.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 104%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 279%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 11% growth in the latest year. EBITDA rose 192% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.59 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.5%
Net Profit Margin0.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Meets Forex Private Limited, buy the company report.

Board of directors of Meets Forex Private Limited

Meets Forex has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Varinder Kaur KhuranaDirector02 May 200224 Years 5 MonthsCurrent
Rajinder Singh KhuranaDirector02 May 200224 Years 5 MonthsCurrent

Peer comparison

Meets 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Arc Forex & Travels Private Limited₹17 Cr (FY 2025)-28.0%Kolkata, West Bengal, India
Meets Forex Private Limitedthis company₹17 Cr (FY 2024)₹4.59 Lakh0.3%11.0%New Delhi, Delhi, India
Sab Travel & Financial Services Private Limited₹17 Cr (FY 2025)-24.0%Kolkata, West Bengal, India
Opel Forex Private Limited₹16.87 Cr (FY 2024)-54.0%Navsari, Gujarat, India
Hmax Money Exchange Private Limited₹16.82 Cr (FY 2025)-88.0%Mumbai, Maharashtra, India

To see the full peer comparison of Meets Forex Private Limited, buy the company report.

Auditor

Meets Forex Private Limited is audited by PRAMOD GUPTA AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRAMOD GUPTA AND COMPANYFY 2023029231N

Shareholding

The shareholding of Meets Forex Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Meets Forex Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Meets Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Meets Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAFCM3028C2ZWDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Meets Forex Private Limited, buy the company report.

Recent activity

Meets Forex Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Rajinder Singh Khurana was appointed as Director on 02 May 2002.

AGM
Meets Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meets Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Rajinder Singh Khurana was appointed as Director.
Appointed
Varinder Kaur Khurana was appointed as Director.
Incorporation
02 May 2002
Meets Forex Private Limited was registered on 02 May 2002 with Roc Delhi & aged 24 years 5 months as per MCA records.

Frequently asked questions

Meets Forex is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 May 2002 (24+ years old) and is registered under CIN U74999DL2002PTC115204.

Meets Forex has 2 current directors:

The latest financial statements of Meets 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.

The GSTIN of Meets Forex is 07AAFCM3028C2ZW, registered in Delhi. 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 Meets Forex is U74999DL2002PTC115204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meets Forex has 2 court cases on record: 2 filed by the company. Most are in the district courts.

Meets Forex was incorporated on 02 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Meets Forex by revenue are Arc Forex & Travels Private Limited, Sab Travel & Financial Services Private Limited, Opel Forex Private Limited, Hmax Money Exchange Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).

Rajinder Singh Khurana was appointed as Director on 02 May 2002. Varinder Kaur Khurana was appointed as Director on 02 May 2002.

The registered office of Meets Forex is at 18 Shatri Marketgurudwara Road Karol Bagh, New Delhi, Delhi, India – 110005.

Meets Forex operates in the financial services industry, in the diversified financial services segment.