MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-03-0012059
Paras Forex Private Limited
Paras Forex Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.7 Cr
▲ 49% YoY
Net profit · FY 2024
₹77,544
Net margin 0.1%
EBITDA · FY 2024
₹8.54 Lakh
EBITDA margin 1%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹26 Lakh
Issued & subscribed
Satisfied charges
₹40 Lakh
No open charges
Company age
19 yrs
Est. 2007
Directors on board
5
As per MCA filings
About Paras Forex Private Limited
Data last updated:
Paras 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 16 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65190DL2007PTC167026. Its GSTIN is 07AAECA4067C1Z1 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Jagdish Singh Saini and Vivek Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.9 9A/1 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.7 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹77,544 (net margin 0.1%) and EBITDA of ₹8.54 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 120% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Paras Forex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0012059). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65190DL2007PTC167026
Registration Number 167026
Incorporation Date 16 August 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-03-0012059
Recognitions & Rankings of Paras Forex
Contact details
Paras Forex Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.9 9A/1 Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryFinancial Services, Forex Services
To see the full contact details of Paras Forex Private Limited, buy the company report.
Comprehensive company report
Paras 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 Paras 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 Paras Forex Private Limited, buy the company report.
Financials of Paras Forex Private Limited
FY 2024 filings availableParas Forex Private Limited reported revenue of ₹8.7 Cr (up 49% YoY) for FY 2024.
Revenue · FY 2024
₹8.7 Cr ▲ 49%
Net profit · FY 2024
₹77,544 margin 0.1%
EBITDA · FY 2024
₹8.54 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 120%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 116%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 49% growth in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77,544 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Paras Forex Private Limited, buy the company report.
Board of directors of Paras Forex Private Limited
Paras Forex has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Singh Saini | Director | 01 Mar 2013 | 13 Years 8 Months | Current |
| Vivek Sharma | Director | 27 Feb 2025 | 1 Years 8 Months | Current |
| Sunita Saini | Director | 16 Aug 2007 | 19 Years 2 Months | Current |
| Rahul Sharma Also directs: Trendz Forex India Private Limited | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
| Payal Sharma | Director | 27 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Paras Forex Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kallu Forex Private Limited | ₹8.81 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Rio Forex Private Limited | ₹8.76 Cr (FY 2025) | -51.0% | Mumbai, Maharashtra, India | |||
| Sree Vimalnath Forex Private Limited | ₹8.71 Cr (FY 2024) | 8.0% | Hyderabad, Telangana, India | |||
| Paras Forex Private Limitedthis company | ₹8.7 Cr (FY 2024) | ₹77,544 | 0.1% | 49.0% | New Delhi, Delhi, India | |
| RVK Forex Private Limited | ₹8.68 Cr (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| Click Forex Private Limited | ₹8.55 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Paras Forex Private Limited, buy the company report.
Auditor
Paras Forex Private Limited is audited by R K OBEROI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K OBEROI & CO | FY 2023 | 072390 |
Shareholding
The shareholding of Paras 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 Paras Forex Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2014 | 10487820 | Oriental Bank of Commerce | ₹40 Lakh | Satisfied |
To see the full charge records of Paras Forex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Paras Forex Private Limited has 1 court case on record: 1 filed by Paras Forex. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Union of India Through Secretary Ministry of Finance Secretary Department of Revenue No. 137 North Block, Cabinet Secretariat, Raisina Hill, New Delhi ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of Paras 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 Paras Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Forex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECA4067C1Z1 | Delhi | Active | 01 Jul 2017 |
| 07AAFCP3632H1ZI | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Forex Private Limited, buy the company report.
Recent activity
Paras Forex Private Limited has 8 board changes on record since 2007: 5 appointments and 3 cessations. The latest: Rahul Sharma was appointed as Director on 01 Sep 2025.
Appointed
Rahul Sharma was appointed as Director.
Ceased
Jagdish Singh Saini ceased to be Director.
Ceased
Sunita Saini ceased to be Director.
Appointed
Payal Sharma was appointed as Director.
Appointed
Vivek Sharma was appointed as Director.
AGM
Paras Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Paras Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 19 Mar 2014 via Charge ID 10487820 with Oriental Bank Of Commerce was fully satisfied on 02 Nov 2023.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 40.00 Lakh with Charge ID 10487820 was registered on 19 Mar 2014.
Ceased
Divya Saini ceased to be Director.
Appointed
Jagdish Singh Saini was appointed as Director.
Appointed
Sunita Saini was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Paras 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 16 August 2007 (19+ years old) and is registered under CIN U65190DL2007PTC167026.
Paras Forex has 5 current directors:
- Jagdish Singh Saini - Director
- Vivek Sharma - Director
- Sunita Saini - Director
- Rahul Sharma - Director
- Payal Sharma - Director
The latest financial statements of Paras Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paras Forex is 07AAECA4067C1Z1, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAFCP3632H1ZI (Delhi).
The CIN (Corporate Identification Number) of Paras Forex is U65190DL2007PTC167026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Forex has 1 court case on record: 1 filed by the company.
Paras Forex was incorporated on 16 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Paras Forex by revenue are Kallu Forex Private Limited, Rio Forex Private Limited, Sree Vimalnath Forex Private Limited, RVK Forex Private Limited, Click Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Rahul Sharma was appointed as Director on 01 Sep 2025. Jagdish Singh Saini ceased to be Director on 28 Feb 2025. Sunita Saini ceased to be Director on 28 Feb 2025. Paras Forex has 8 board changes on record in total.
Yes, Paras Forex is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-03-0012059).
The registered office of Paras Forex is at Shop No.9 9A1 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
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