About Nine Two Nine Forex Private Limited
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Nine Two Nine Forex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 02 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2010PTC198600. Its GSTIN is 07AADCN1792L1Z4 (Delhi).
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹52 Lakh. It is led by directors Lakshay Nagpal and Divay Nagpal.
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 S/F 16/25 Ab Tilak Nagar New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.43 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹14.45 Lakh (net margin 0.4%) and EBITDA of ₹28.39 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 16% over five years.
The company is associated with 1 brand: Nine Two Nine Forex. As per MCA filings, the company has open charges of ₹10.07 Lakh on record. 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. For more details, the company can be reached via its website ninetwonineforex.com.
Company details
Contact details
Nine Two Nine Forex Private Limited's registered office is in New Delhi, Delhi. Its website is ninetwonineforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS/F 16/25 Ab Tilak Nagar New Delhi, Delhi, India – 110018
- IndustryFinancial Services, Forex Services
To see the full contact details of Nine Two Nine 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
Nine Two Nine Forex operates one associated brand: Nine Two Nine Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Currency exchange and international money transfer services in India. | ninetwonineforex.com |
Business activity
The main business activities of Nine Two Nine Forex are trade and support service to organizations. In detail, this covers wholesale trading, retail trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Nine Two Nine Forex Private Limited, buy the company report.
Financials of Nine Two Nine Forex Private Limited
FY 2025 filings availableNine Two Nine Forex Private Limited reported revenue of ₹35.43 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 42% 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 | ₹28.39 Lakh | ||||
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| Net Profit (PAT) | ₹14.45 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 | 0.8% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Nine Two Nine Forex Private Limited, buy the company report.
Board of directors of Nine Two Nine Forex Private Limited
Nine Two Nine Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshay Nagpal | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Divay Nagpal Also directs: Maison Hill Buildcon LLP, Movevia Consulting Private Limited | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Nine Two Nine Forex Private Limited is audited by ANILBAJAJ for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANILBAJAJ | FY 2023 | 509036 |
Shareholding
The shareholding of Nine Two Nine 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 Nine Two Nine Forex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2024 | 100904877 | Hdfc Bank Limited | ₹10.07 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nine Two Nine Forex Private Limited has 2 court cases on record: 2 filed by Nine Two Nine Forex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Nine Two Nine 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 Nine Two Nine Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nine Two Nine Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCN1792L1Z4 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nine Two Nine Forex Private Limited, buy the company report.
Recent activity
Nine Two Nine Forex Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Divay Nagpal ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Nine Two Nine Forex is an active private limited company based in New Delhi, Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 02 February 2010 (16+ years old) and is registered under CIN U67190DL2010PTC198600.
Nine Two Nine Forex has 2 current directors:
- Lakshay Nagpal - Director
- Divay Nagpal - Director
The latest financial statements of Nine Two Nine 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 Nine Two Nine Forex is 07AADCN1792L1Z4, registered in Delhi.
The CIN (Corporate Identification Number) of Nine Two Nine Forex is U67190DL2010PTC198600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nine Two Nine Forex has 2 court cases on record: 2 filed by the company.
Nine Two Nine Forex was incorporated on 02 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Divay Nagpal ceased to be Additional Director on 30 Sep 2019. Lakshay Nagpal ceased to be Additional Director on 30 Sep 2019. Ashok Kumar ceased to be Director on 15 Jul 2015. Nine Two Nine Forex has 6 board changes on record in total.
Nine Two Nine Forex can be reached through the website ninetwonineforex.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Nine Two Nine Forex is at SF 1625 Ab Tilak Nagar New Delhi, Delhi, India – 110018.
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