About Neha Forex Private Limited
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Neha Forex Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 18 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2009PTC191798. Its GSTIN is 27AADCN0001E1Z9 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Vikram Ghevarchand Jain and Kishor Ghevarchand Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Porwalbhavan 1st Floor Kasar Art Near Vaishyan Mandir Kalyan West, Thane, Maharashtra, India – 421320.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.15 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹51.86 Lakh (net margin 7.2%) and EBITDA of ₹75.73 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 71% over five years.
The company is associated with 1 brand: Neha Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nehaco.com.
Company details
Contact details
Neha Forex Private Limited's registered office is in Thane, Maharashtra. Its website is nehaco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPorwalbhavan 1st Floor Kasar Art Near Vaishyan Mandir Kalyan West, Thane, Maharashtra, India – 421320
- IndustryFinancial Services, Forex Services
To see the full contact details of Neha 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
Brands
Neha Forex operates one associated brand: Neha Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial solutions including online trading and commodities services. | nehaco.com |
Business activity
The main business activity of Neha 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 Neha Forex Private Limited, buy the company report.
Financials of Neha Forex Private Limited
FY 2024 filings availableNeha Forex Private Limited reported revenue of ₹7.15 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 85% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹75.73 Lakh | ||||
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| Net Profit (PAT) | ₹51.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Neha Forex Private Limited, buy the company report.
Board of directors of Neha Forex Private Limited
Neha Forex has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Kishor Jain | Additional Director | 26 Nov 2021 | 4 Years 10 Months | Current |
| Vikram Ghevarchand Jain Also directs: Neha Commodities Private Limited | Director | 18 Apr 2009 | 17 Years 6 Months | Current |
| Kishor Ghevarchand Jain Also directs: Neha Commodities Private Limited | Director | 18 Apr 2009 | 17 Years 6 Months | Current |
| Rythme Suresh Jain | Additional Director | 30 Jan 2025 | 1 Years 8 Months | Current |
| Ramila Kishor Jain | Additional Director | 30 Jan 2025 | 1 Years 8 Months | Current |
Peer comparison
Neha Forex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Matrix Forex Services Private Limited | ₹7.26 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Chhaya Currency Changer Services Private Limited | ₹7.21 Cr (FY 2024) | 86.0% | Bhopal, Madhya Pradesh, India | |||
| South Cape Forex & Travels Private Limited | ₹7.2 Cr (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Neha Forex Private Limitedthis company | ₹7.15 Cr (FY 2025) | ₹51.86 Lakh | 7.2% | -45.0% | Thane, Maharashtra, India | |
| Rajguru Forex Private Limited | ₹7.15 Cr (FY 2025) | 7.0% | Medchal Malkajgiri, Telangana, India | |||
| Mascot Forex and Developers Private Limited | ₹7.1 Cr (FY 2025) | -37.0% | Angamaly, Kerala, India | |||
| STG Money Exchange Private Limited | ₹7.09 Cr (FY 2018) | -34.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Neha Forex Private Limited, buy the company report.
Auditor
Neha Forex Private Limited is audited by B. DEVRAJ AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. DEVRAJ AND COMPANY | FY 2023 | 119384W |
Shareholding
The shareholding of Neha 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neha Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neha 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 Neha Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neha Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN0001E1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neha Forex Private Limited, buy the company report.
Recent activity
Neha Forex Private Limited has 7 board changes on record since 2009: 5 appointments and 2 cessations. The latest: Ramila Kishor Jain was appointed as Additional Director on 30 Jan 2025.
Frequently asked questions
Neha Forex is an active private limited company based in Thane, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 18 April 2009 (17+ years old) and is registered under CIN U67110MH2009PTC191798.
Neha Forex has 5 current directors:
- Darshan Kishor Jain - Additional Director
- Vikram Ghevarchand Jain - Director
- Kishor Ghevarchand Jain - Director
- Rythme Suresh Jain - Additional Director
- Ramila Kishor Jain - Additional Director
The latest financial statements of Neha Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neha Forex is 27AADCN0001E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neha Forex is U67110MH2009PTC191798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neha Forex was incorporated on 18 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neha Forex by revenue are Matrix Forex Services Private Limited, Chhaya Currency Changer Services Private Limited, South Cape Forex & Travels Private Limited, Rajguru Forex Private Limited, Mascot Forex and Developers Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Ramila Kishor Jain was appointed as Additional Director on 30 Jan 2025. Rythme Suresh Jain was appointed as Additional Director on 30 Jan 2025. Deepak Ganesh Gundecha ceased to be Director on 21 Aug 2023. Neha Forex has 7 board changes on record in total.
Neha Forex can be reached through the website nehaco.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Neha Forex is at Porwalbhavan 1st Floor Kasar Art Near Vaishyan Mandir Kalyan West, Thane, Maharashtra, India – 421320.
Neha Forex operates in the financial services industry, in the forex services segment.