Midlands Forex Private Limited
About Midlands Forex Private Limited
Data last updated:
Midlands Forex Private Limited is a private limited company based in Panaji, Goa, India. It operates in the forex services segment of the financial services sector. It was incorporated on 27 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U01222GA1987PTC000780.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Khima Ram and Dharmendra Kumar.
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 H No:12/135/94 F – 72 Alfran Plaza Near Market M.G.Road, Panaji, Goa, India – 403001.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Midlands Forex Private Limited's registered office is in Panaji, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressH No:12/135/94 F – 72 Alfran Plaza Near Market M.G.Road, Panaji, Goa, India – 403001
- IndustryFinancial Services, Forex Services
To see the full contact details of Midlands 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
Financials of Midlands Forex Private Limited
FY 2019 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Midlands Forex Private Limited, buy the company report.
Board of directors of Midlands Forex Private Limited
Midlands Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khima Ram | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Dharmendra Kumar | Director | 14 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Midlands Forex Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRS Forex Private Limited | ₹83.92 Lakh (FY 2024) | 184.0% | Madurai, Tamil Nadu, India | |||
| American Impex Private Limited | ₹83.57 Lakh (FY 2024) | -43.0% | Chennai, Tamil Nadu, India | |||
| Batala Forex Services Private Limited | ₹83.42 Lakh (FY 2019) | -37.0% | New Delhi, Delhi, India | |||
| Balo Forex & Travels Private Limited | ₹82.93 Lakh (FY 2025) | 5.0% | Raigunj, West Bengal, India | |||
| Best India Money Changer Private Limited | ₹82.34 Lakh (FY 2025) | 23.0% | Madurai Road, Trichy - 620 008, Tamil Nadu, India | |||
| PRG Forex Private Limited | ₹79.06 Lakh (FY 2025) | 634.0% | Chennai, Tamil Nadu, India | |||
| RGV Forex & Travel Private Limited | ₹78.82 Lakh (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| Delhi Hotel & Restaurant Private Limited | ₹78.66 Lakh (FY 2024) | -27.0% | Siliguri, West Bengal, India | |||
| Shree Krishna Money Changer Private Limited | ₹77.35 Lakh (FY 2025) | -23.0% | New Delhi, Delhi, India | |||
| Param Money Changers Private Limited | ₹77.22 Lakh (FY 2025) | -63.0% | Navsari, Gujarat, India |
To see the full peer comparison of Midlands Forex Private Limited, buy the company report.
Auditor
Midlands Forex Private Limited is audited by N N LOTLIKAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N LOTLIKAR & ASSOCIATES | FY 2018 | 127304W |
Shareholding
The shareholding of Midlands Forex Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
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To see the full shareholding pattern of Midlands Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Midlands 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 Midlands Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Midlands Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Midlands Forex Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Hsuyashan Raichand Soni ceased to be Director on 30 Sep 2020.
Frequently asked questions
Midlands Forex is an active private limited company based in Panaji, Goa, India. The company works in forex services, within the financial services industry. It was incorporated on 27 October 1987 (39+ years old) and is registered under CIN U01222GA1987PTC000780.
Midlands Forex has 2 current directors:
- Khima Ram - Director
- Dharmendra Kumar - Director
The latest financial statements of Midlands 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 CIN (Corporate Identification Number) of Midlands Forex is U01222GA1987PTC000780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midlands Forex was incorporated on 27 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Midlands Forex by revenue are SRS Forex Private Limited, American Impex Private Limited, Batala Forex Services Private Limited, Balo Forex & Travels Private Limited, Best India Money Changer Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Hsuyashan Raichand Soni ceased to be Director on 30 Sep 2020. Raychand Manrupji Soni ceased to be Director on 30 Sep 2020. Khima Ram was appointed as Director on 23 Sep 2020. Midlands Forex has 4 board changes on record in total.
The registered office of Midlands Forex is at H No:1213594 F – 72 Alfran Plaza Near Market M.G.Road, Panaji, Goa, India – 403001.
Midlands Forex operates in the financial services industry, in the forex services segment.
The compliance status of Midlands Forex is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
Midlands Forex can be reached at its registered office: H No:1213594 F – 72 Alfran Plaza Near Market M.G.Road, Panaji, Goa, India – 403001.