MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-50-0017835
Nishtha Forex Private Limited
Nishtha Forex Private Limited - financial services in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.29 Cr
▼ 6% YoY
Net profit · FY 2025
₹6.34 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹12.7 Lakh
EBITDA margin 0.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.52 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Nishtha Forex Private Limited
Data last updated:
Nishtha Forex Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the forex services segment of the financial services sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65929UP2019PTC124390. Its GSTIN is 09AAGCN7912F1ZC (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Vidya Yadav (Whole-Time Director) and Sanjay Singh Yadav.
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 Plot No 205 Nishtha Mansion Vishnu Lok Colony, Lucknow, Uttar Pradesh, India – 226023.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.29 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.34 Lakh (net margin 0.1%) and EBITDA of ₹12.7 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 661% over five years.
As per MCA filings, the company has open charges of ₹2.52 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Nishtha Forex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0017835).
Company details
CIN U65929UP2019PTC124390
Registration Number 124390
Incorporation Date 11 December 2019
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-UP-50-0017835
Recognitions & Rankings of Nishtha Forex
Contact details
Nishtha Forex Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 205 Nishtha Mansion Vishnu Lok Colony, Lucknow, Uttar Pradesh, India – 226023
- IndustryFinancial Services, Forex Services
To see the full contact details of Nishtha Forex Private Limited, buy the company report.
Comprehensive company report
Nishtha Forex Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Nishtha 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 Nishtha Forex Private Limited, buy the company report.
Financials of Nishtha Forex Private Limited
FY 2025 filings availableNishtha Forex Private Limited reported revenue of ₹70.29 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹70.29 Cr ▼ 6%
Net profit · FY 2025
₹6.34 Lakh margin 0.1%
EBITDA · FY 2025
₹12.7 Lakh margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 72%
5 years · compounded
▲ 661%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 131%
5 years · compounded
▲ 216%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 661%. EBITDA rose 36% 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 | ₹12.7 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.34 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 | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nishtha Forex Private Limited, buy the company report.
Board of directors of Nishtha Forex Private Limited
Nishtha Forex has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Singh Yadav | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Sunita Singh | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Vidya Yadav | Whole-Time Director | 16 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Nishtha Forex Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Dilkush Forex Solutions Private Limited | ₹72.47 Cr (FY 2024) | 47.0% | Chennai, Tamil Nadu, India | |||
| Kanji Forex Private Limited | ₹72.08 Cr (FY 2025) | 480.0% | Mumbai, Maharashtra, India | |||
| Dhanlav Forex Private Limited | ₹71.27 Cr (FY 2024) | 32.0% | Amritsar, Punjab, India | |||
| Nishtha Forex Private Limitedthis company | ₹70.29 Cr (FY 2025) | ₹6.34 Lakh | 0.1% | -6.0% | Lucknow, Uttar Pradesh, India | |
| Ambay Forex Private Limited | ₹68.58 Cr (FY 2020) | -68.0% | Punjab, India |
To see the full peer comparison of Nishtha Forex Private Limited, buy the company report.
Auditor
Nishtha Forex Private Limited is audited by S S A C & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S A C & ASSOCIATES LLP | FY 2022 | C400278 |
Shareholding
The shareholding of Nishtha Forex Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nishtha Forex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2024 | 101041410 | Axis Bank Limited | ₹2.52 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Nishtha Forex Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
To see the full case history of Nishtha 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 Nishtha Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nishtha Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCN7912F1ZC | Uttar Pradesh | Active | 09 Sep 2020 |
To see the full GST registrations and return filing status of Nishtha Forex Private Limited, buy the company report.
Recent activity
Nishtha Forex Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Vidya Yadav was appointed as Whole-Time Director on 16 Dec 2022.
AGM
Nishtha Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nishtha Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge with Axis Bank Limited amounted to Rs. 252.00 Lakh with Charge ID 101041410 was registered on 28 Dec 2024.
Appointed
Vidya Yadav was appointed as Whole-Time Director.
Appointed
Sanjay Singh Yadav was appointed as Director.
Appointed
Sunita Singh was appointed as Director.
Incorporation
11 Dec 2019
Nishtha Forex Private Limited was registered on 11 Dec 2019 with Roc Uttar Pradesh I & aged 6 years 10 months as per MCA records.
Frequently asked questions
Nishtha Forex is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in forex services, within the financial services industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U65929UP2019PTC124390.
Nishtha Forex has 3 current directors:
- Vidya Yadav - Whole-Time Director
- Sanjay Singh Yadav - Director
- Sunita Singh - Director
The latest financial statements of Nishtha 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 FY 2020 are in the company report.
The GSTIN of Nishtha Forex is 09AAGCN7912F1ZC, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Nishtha Forex is U65929UP2019PTC124390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nishtha Forex has 1 court case on record: 1 filed against it. 1 is pending.
Nishtha Forex was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Nishtha Forex by revenue are Dilkush Forex Solutions Private Limited, Kanji Forex Private Limited, Dhanlav Forex Private Limited, Ambay Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Vidya Yadav was appointed as Whole-Time Director on 16 Dec 2022. Sanjay Singh Yadav was appointed as Director on 11 Dec 2019. Sunita Singh was appointed as Director on 11 Dec 2019.
Yes, Nishtha Forex is registered as a small enterprise under Udyam registration (number: UDYAM-UP-50-0017835).
The registered office of Nishtha Forex is at Plot No 205 Nishtha Mansion Vishnu Lok Colony, Lucknow, Uttar Pradesh, India – 226023.