About Overseas Forex Private Limited
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Overseas Forex Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 19 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2016PTC065474. Its GSTIN is 07AACCO3622M1ZD (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Gaurav Verma and Jatin Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at G – 303 Sushant Shopping Arcade Sushant Lok – I, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2022, the company reported a revenue of ₹158.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 0%) and EBITDA of ₹2.13 Lakh (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 298% over three years and 207% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website overseasforex.in.
Company details
Contact details
Overseas Forex Private Limited's registered office is in Gurgaon, Haryana. Its website is overseasforex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 303 Sushant Shopping Arcade Sushant Lok – I, Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Forex Services
To see the full contact details of Overseas 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 Overseas 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 Overseas Forex Private Limited, buy the company report.
Financials of Overseas Forex Private Limited
FY 2022 filings availableOverseas Forex Private Limited reported revenue of ₹158.78 Cr (up 318203% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 207% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹2.13 Lakh | ||||
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| Net Profit (PAT) | ₹1.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Overseas Forex Private Limited, buy the company report.
Board of directors of Overseas Forex Private Limited
Overseas Forex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Verma | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
| Jatin Jain | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Overseas 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 |
|---|---|---|---|---|---|---|
| Malacca Forex Private Limited | ₹167.71 Cr (FY 2019) | 491.0% | Thane, Maharashtra, India | |||
| MGM Forex Solution Private Limited | ₹163.3 Cr (FY 2024) | 33.0% | Delhi, India | |||
| Last Moment Forex Private Limited | ₹161.91 Cr (FY 2020) | 1234.0% | Kolkata, West Bengal, India | |||
| RNB Forex & Travels Private Limited | ₹159.54 Cr (FY 2021) | 160.0% | Kolkata, West Bengal, India | |||
| Overseas Forex Private Limitedthis company | ₹158.78 Cr (FY 2022) | ₹1.57 Lakh | 0% | 318203.0% | Gurgaon, Haryana, India | |
| Muthoot Forex Limited | ₹155.59 Cr (FY 2025) | 3.0% | Ernakulam, Kerala, India | |||
| Suvidha Forex Private Limited | ₹141.89 Cr (FY 2025) | -3.0% | Jalandhar, Punjab, India | |||
| Fire Forex Private Limited | ₹140.29 Cr (FY 2025) | -84.0% | New Delhi, Delhi, India |
To see the full peer comparison of Overseas Forex Private Limited, buy the company report.
Auditor
Overseas Forex Private Limited is audited by RAJESH KRISHNA KHANNA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KRISHNA KHANNA & ASSOCIATES | FY 2017 | 07694N |
Shareholding
The shareholding of Overseas Forex Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Overseas Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Overseas 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 Overseas Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Overseas Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCO3622M1ZD | Delhi | Active | 28 Jul 2021 |
To see the full GST registrations and return filing status of Overseas Forex Private Limited, buy the company report.
Recent activity
Overseas Forex Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Gaurav Verma ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Overseas Forex is an active private limited company based in Gurgaon, Haryana, India. The company works in forex services, within the financial services industry. It was incorporated on 19 August 2016 (10+ years old) and is registered under CIN U74999HR2016PTC065474.
Overseas Forex has 2 current directors:
- Gaurav Verma - Director
- Jatin Jain - Director
The latest financial statements of Overseas Forex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Overseas Forex is 07AACCO3622M1ZD, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Overseas Forex is U74999HR2016PTC065474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Overseas Forex was incorporated on 19 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Overseas Forex by revenue are Malacca Forex Private Limited, MGM Forex Solution Private Limited, Last Moment Forex Private Limited, RNB Forex & Travels Private Limited, Muthoot Forex Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Gaurav Verma ceased to be Additional Director on 30 Nov 2021. Jatin Jain ceased to be Additional Director on 30 Nov 2021. Gaurav Yadav ceased to be Director on 10 Jun 2021. Overseas Forex has 7 board changes on record in total.
Overseas Forex can be reached through the website overseasforex.in. Its registered office is in Gurgaon, Haryana, India.
The registered office of Overseas Forex is at G – 303 Sushant Shopping Arcade Sushant Lok – I, Gurgaon, Haryana, India – 122001.
Overseas Forex operates in the financial services industry, in the forex services segment.