NR Forex Services Private Limited
About NR Forex Services Private Limited
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NR Forex Services Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2016PTC091930. Its GSTIN is 24AAFCN2276H1ZI (Gujarat).
The company has an authorised share capital of ₹34 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors Anupkumar Jagdish Dodeja and Meena Anoop Dodeja.
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 F – 101 First Floor Dwarkesh Complex R.C Dutt Road, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.07 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 9.6%) and EBITDA of ₹4.57 Lakh (EBITDA margin 16.3%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
NR Forex Services Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 101 First Floor Dwarkesh Complex R.C Dutt Road, Vadodara, Gujarat, India – 390007
- IndustryFinancial Services, Forex Services
To see the full contact details of NR Forex Services 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 NR Forex Services 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 NR Forex Services Private Limited, buy the company report.
Financials of NR Forex Services Private Limited
FY 2025 filings availableNR Forex Services Private Limited reported revenue of ₹28.07 Lakh (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 5% fall in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.57 Lakh | ||||
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| Net Profit (PAT) | ₹2.68 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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| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 9.6% | ||||
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To see the full financial statements and ratios of NR Forex Services Private Limited, buy the company report.
Board of directors of NR Forex Services Private Limited
NR Forex Services 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 |
|---|---|---|---|---|
| Anupkumar Jagdish Dodeja | Director | 01 Nov 2020 | 5 Years 11 Months | Current |
| Meena Anoop Dodeja | Director | 11 May 2016 | 10 Years 5 Months | Current |
Peer comparison
NR Forex Services Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Forex Services, 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 |
|---|---|---|---|---|---|---|
| Coinex Forex Services Private Limited | ₹28.83 Lakh (FY 2025) | -25.0% | Chennai, Tamil Nadu, India | |||
| Alps Forex & Travels Private Limited | ₹28.52 Lakh (FY 2021) | -95.0% | Kolkata, West Bengal, India | |||
| Gogri Forex Private Limited | ₹28.42 Lakh (FY 2019) | -21.0% | Mumbai, Maharashtra, India | |||
| NR Forex Services Private Limitedthis company | ₹28.07 Lakh (FY 2025) | ₹2.68 Lakh | 9.6% | -5.0% | Vadodara, Gujarat, India | |
| Gagan Forex Private Limited | ₹26.36 Lakh (FY 2019) | 40.0% | Thane, Maharashtra, India | |||
| Dass India Money Changer Private Limited | ₹26.33 Lakh (FY 2021) | 3.0% | Chennai, Tamil Nadu, India | |||
| Kohinoor Money Changer Private Limited | ₹25.38 Lakh (FY 2025) | -88.0% | Bharuch, Gujarat, India |
To see the full peer comparison of NR Forex Services Private Limited, buy the company report.
Auditor
NR Forex Services Private Limited is audited by KARISHMA SHUKLA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARISHMA SHUKLA & CO | FY 2019 | 140658W |
Shareholding
The shareholding of NR Forex Services Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of NR Forex Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving NR Forex Services 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 NR Forex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NR Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCN2276H1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NR Forex Services Private Limited, buy the company report.
Recent activity
NR Forex Services Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anupkumar Jagdish Dodeja ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
NR Forex Services is an active private limited company based in Vadodara, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U67100GJ2016PTC091930.
NR Forex Services has 2 current directors:
- Anupkumar Jagdish Dodeja - Director
- Meena Anoop Dodeja - Director
The latest financial statements of NR Forex Services 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 2017 are in the company report.
The GSTIN of NR Forex Services is 24AAFCN2276H1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of NR Forex Services is U67100GJ2016PTC091930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NR Forex Services was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of NR Forex Services by revenue are Coinex Forex Services Private Limited, Alps Forex & Travels Private Limited, Gogri Forex Private Limited, Gagan Forex Private Limited, Dass India Money Changer Private Limited and 1 more, all in the BFSI industry (Forex Services, Money Exchange Services), with the same principal business activity (other financial activities).
Anupkumar Jagdish Dodeja ceased to be Additional Director on 30 Nov 2021. Jalpakumari Pareshkumar Patel ceased to be Director on 07 Nov 2020. Anupkumar Jagdish Dodeja was appointed as Director on 01 Nov 2020. NR Forex Services has 4 board changes on record in total.
The registered office of NR Forex Services is at F – 101 First Floor Dwarkesh Complex R.C Dutt Road, Vadodara, Gujarat, India – 390007.
NR Forex Services operates in the financial services industry, in the forex services segment.
The compliance status of NR Forex Services is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.