About Multimoney Forex Limited
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Multimoney Forex Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 26 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U66030WB1989PLC047302. Its GSTIN is 19AACCM0685L1Z3 (West Bengal). The company holds 19 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.45 Cr. It was formerly known as Medpat Leasing & Services Private Limited and Medpat Finance Ltd. It is led by directors including Dileep Singh Mehta and Pramod Kumar Eshwa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,349.48 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹39.28 Lakh (net margin 0%) and EBITDA of ₹4.34 Cr (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 40% over five years.
The company has about 127 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Multimoney Forex. As per MCA filings, the company has open charges of ₹28.17 Cr and satisfied charges of ₹33.23 Cr on record. Court records list 36 cases involving the company, including 28 filed by the company and 8 filed against it; 2 cases are pending. The company has 22 deals on record (17 secondary share transfers, 5 funding rounds), with disclosed funding of ₹6.36 Cr; the latest was in September 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multimoney.co.in.
Company details
Name history
Multimoney Forex has undergone 2 name changes throughout its history. The company was previously known as Medpat Leasing & Services Private Limited, and Medpat Finance Ltd. The current legal name is Multimoney Forex Limited.
| Company Name | Status |
|---|---|
| Multimoney Forex Limited | Current |
| Medpat Leasing & Services Private Limited | Previous |
| Medpat Finance Ltd | Previous |
CIN history
Multimoney Forex has one previous CIN (Corporate Identification Number): U70109WB1989PLC047302. The current CIN is U66030WB1989PLC047302, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66030WB1989PLC047302 | Current |
| U70109WB1989PLC047302 | Previous |
Contact details
Multimoney Forex Limited's registered office is in Kolkata, West Bengal. Its website is multimoney.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address229 A.J.C Bose Road, 1st Floor Crescent Tower, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Forex Services
To see the full contact details of Multimoney 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
Multimoney Forex operates one associated brand: Multimoney Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign exchange, remittance, and travel insurance services in India. | multimoney.co.in |
Business activity
The main business activity of Multimoney 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 Multimoney Forex Limited, buy the company report.
Financials of Multimoney Forex Limited
FY 2026 filings availableMultimoney Forex Limited reported revenue of ₹1,349.48 Cr (down 15% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 19% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,349.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.28 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0% | ||||
| 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 Multimoney Forex Limited, buy the company report.
Board of directors and KMP of Multimoney Forex Limited
Multimoney Forex Limited currently reports 5 directors and 2 key managerial personnel. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dileep Singh Mehta Also directs: Louden Developers LLP, Goldsmith Infrabuild Private Limited, J D M Udyog Private Limited and 5 more | Director | 06 Oct 2010 | 16 Years 1 Months | Current |
| Pramod Kumar Eshwa Also directs: J D M Udyog Private Limited, Eskay Tower Private Limited, Inknowersity Education Private Limited and 1 more | Director | 06 Oct 2010 | 16 Years 1 Months | Current |
| Sangeeta Mehta Also directs: J D M Udyog Private Limited | Director | 09 Mar 2015 | 11 Years 8 Months | Current |
| Raj Prakash Verma | Director | 01 Feb 2023 | 3 Years 9 Months | Current |
| Priti Singrodia Also directs: Accordink Solutions LLP, Maks Energy Solutions India Limited, Rashmi Rare Earth Limited and 1 more | Director | 01 Feb 2023 | 3 Years 9 Months | Current |
| Arjun Mehta Also directs: Louden Developers LLP, James Glendye & Company Private Limited, Multicon Placement Solutions Private Limited and 5 more | Cfo | 14 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Multimoney Forex Limited is audited by KAPOOR AND ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPOOR AND ASSOCIATES | FY 2026 | 311025E |
Shareholding
The shareholding of Multimoney Forex Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multimoney Forex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2024 | 100962132 | Others | ₹10 Cr | Open | |
| 23 Jul 2024 | 100950052 | State Bank of India | ₹1.9 Cr | Open | |
| 25 Jan 2024 | 100869653 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 22 Aug 2023 | 100826133 | Others | ₹2.25 Cr | Open | |
| 22 Apr 2022 | 100574073 | The South Indian Bank Limited | ₹22.5 Lakh | Open |
To see the full charge records of Multimoney Forex Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Multimoney Forex Limited has 22 deals on record (17 secondary share transfers, 5 funding rounds), with disclosed funding of ₹6.36 Cr; the latest was in September 2022.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Multicon Builders Limited Seller: Montane Constructions Pvt. Ltd. |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Sammarsa Owners Private Limited , Regent Services Pvt Ltd , Roshan Housing Project Private Limited, an individual Seller: Kailash Chand Shermal Fin Private Limited, 3 individuals |
| Apr 2017 | Funding round | ₹1 Cr | Investors: Roshan Housing Project Private Limited, Casuarina Confectioners Private Limited , Calcutta Amenities Dev Private Limited |
| Jan 2012 | Funding round | ₹51.1 Lakh | Investors: Kamala Fincon Pvt Ltd , Evernew Merchants Private Limited , an individual |
| Mar 2011 | Funding round | ₹28 Lakh | Investors: Specie Finance Private Limited , Rudra Goods Private Limited |
To see the full deal history of Multimoney Forex Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Multimoney Forex Limited has 36 court cases on record: 28 filed by Multimoney Forex, 8 filed against it. 2 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 4 | 0 |
| District courts | 17 | 4 | 2 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Cogencis Information Services Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Cogencis Information Services Limited | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against M/S Sunshine Enterprises Pvt. Ltd. & Anr. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms. Sunshine Enterprises Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Multimoney Forex Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Multimoney Forex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Multimoney Forex has 19 GST registrations: 13 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM0685L1Z3 | West Bengal | Active | 01 Jul 2017 |
| 07AACCM0685L1Z8 | Delhi | Active | 01 Jul 2017 |
| 18AACCM0685L1Z5 | Assam | Active | 01 Jul 2017 |
| 20AACCM0685L1ZK | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multimoney Forex Limited, buy the company report.
Recent activity
Multimoney Forex Limited has 17 board changes on record since 1989: 12 appointments and 5 cessations. The latest: Ankur Basu was appointed as CEO on 14 Jan 2025.
46 earlier events are in the company report.
Frequently asked questions
Multimoney Forex is an active public limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 26 July 1989 (37+ years old) and is registered under CIN U66030WB1989PLC047302.
Multimoney Forex has 7 current directors and KMP:
- Dileep Singh Mehta - Director
- Pramod Kumar Eshwa - Director
- Sangeeta Mehta - Director
- Raj Prakash Verma - Director
- Priti Singrodia - Director
- Arjun Mehta - Cfo
- Ankur Basu - Ceo
The latest financial statements of Multimoney Forex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Multimoney Forex is 19AACCM0685L1Z3, registered in West Bengal. The company has 19 GST registrations in all, of which 13 are active and 6 are cancelled or inactive. Other active GSTINs include 07AACCM0685L1Z8 (Delhi), 18AACCM0685L1Z5 (Assam), 20AACCM0685L1ZK (Jharkhand).
The CIN (Corporate Identification Number) of Multimoney Forex is U66030WB1989PLC047302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multimoney Forex has 36 court cases on record: 28 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Multimoney Forex was incorporated on 26 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.
Multimoney Forex has 22 deals on record (17 secondary share transfers, 5 funding rounds), with disclosed funding of ₹6.36 Cr; the latest was in September 2022.
Ankur Basu was appointed as CEO on 14 Jan 2025. Arjun Mehta was appointed as CFO on 14 Jan 2025. Siddheswar Konar ceased to be Director on 12 May 2023. Multimoney Forex has 17 board changes on record in total.
Multimoney Forex can be reached through the website multimoney.co.in. Its registered office is in Kolkata, West Bengal, India.
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