Naha Forex Private Limited
About Naha Forex Private Limited
Data last updated:
Naha Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 23 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2011PTC164106. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Abhijit Naha and Manas Mondal.
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 25 Marquis Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2019, the company reported a revenue of ₹365.49 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Lakh (net margin 0%) and EBITDA of ₹3.78 Lakh (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years.
Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Naha Forex Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Marquis Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Forex Services
To see the full contact details of Naha 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 Naha Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Naha Forex Private Limited, buy the company report.
Financials of Naha Forex Private Limited
FY 2019 filings availableNaha Forex Private Limited reported revenue of ₹365.49 Cr (up 78% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 141% over three years, including 78% growth in the latest year. EBITDA fell 49% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹365.49 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.04 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| 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 Naha Forex Private Limited, buy the company report.
Board of directors of Naha Forex Private Limited
Naha 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 |
|---|---|---|---|---|
| Abhijit Naha | Director | 23 Jun 2011 | 15 Years 4 Months | Current |
| Manas Mondal | Additional Director | 02 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Naha Forex Private Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ruhi Forex Private Limited | ₹411.78 Cr (FY 2022) | 110.0% | New Delhi, Delhi, India | |||
| Ashiva Forex Private Limited | ₹393.81 Cr (FY 2024) | 2535.0% | Gurgaon, Haryana, India | |||
| Sapphire Forex Private Limited | ₹380.86 Cr (FY 2025) | -80.0% | Gurgaon, Haryana, India | |||
| Samurai Forex Private Limited | ₹375.15 Cr (FY 2019) | 1125.0% | Vasai -Palghar, Maharashtra, India | |||
| Naha Forex Private Limitedthis company | ₹365.49 Cr (FY 2019) | ₹2.04 Lakh | 0% | 78.0% | Kolkata, West Bengal, India | |
| Gopal Forex Private Limited | ₹345.22 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Superich Forex Private Limited | ₹320.69 Cr (FY 2018) | 360.0% | Mumbai, Maharashtra, India | |||
| Capstone Forex Private Limited | ₹314.41 Cr (FY 2018) | 1784.0% | Thane, Maharashtra, India |
To see the full peer comparison of Naha Forex Private Limited, buy the company report.
Auditor
Naha Forex Private Limited is audited by G BASU & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G BASU & ASSOCIATES | FY 2019 | 325807E |
Shareholding
The shareholding of Naha Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Naha Forex Private Limited, buy the company report.
Legal cases
Naha Forex Private Limited has 7 court cases on record: 1 filed by Naha Forex, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| High Court, West Bengal | Court case (EC) | Filed against the company by India Infoline Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by India Infoline Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by India Infoline Finance Limited Th Mr Punit Thakkar | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by India Infoline Finance Limited Th Mr Punit Thakkar | Disposed |
To see the full case history of Naha Forex Private 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 Naha Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Naha 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 Naha Forex Private Limited, buy the company report.
Recent activity
Naha Forex Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Manas Mondal was appointed as Additional Director on 02 Apr 2019.
Frequently asked questions
Naha Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 23 June 2011 (15+ years old) and is registered under CIN U74999WB2011PTC164106.
Naha Forex has 2 current directors:
- Abhijit Naha - Director
- Manas Mondal - Additional Director
The latest financial statements of Naha 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.
No. Naha Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Naha Forex is U74999WB2011PTC164106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naha Forex has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Naha Forex was incorporated on 23 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Naha Forex by revenue are Ruhi Forex Private Limited, Ashiva Forex Private Limited, Sapphire Forex Private Limited, Samurai Forex Private Limited, Gopal Forex Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Manas Mondal was appointed as Additional Director on 02 Apr 2019. Riya Sarkar ceased to be Additional Director on 30 Sep 2017. Shyama Naha ceased to be Director on 02 Nov 2016. Naha Forex has 4 board changes on record in total.
The registered office of Naha Forex is at 25 Marquis Street, Kolkata, West Bengal, India – 700016.
Naha Forex operates in the financial services industry, in the forex services segment.