About Pas Forex Private Limited
Data last updated:
Pas Forex Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the forex services segment of the financial services sector. It was incorporated on 18 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67110KA2013PTC071055. Its GSTIN is 29AAHCP4322J1Z8 (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹37 Lakh. It is led by directors Shilpa Arun and Arunkumar Jayakanth Yedathore.
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 No.1264/1 D – 83 1264 D – 83/1 R.C.C. Ground Floor Vinobha Road Devaraja Mohalla, Mysore, Karnataka, India – 570001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹76,090 (net margin -0.5%) and EBITDA of -₹1.68 Lakh (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 47% 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 pas-forex.business.site.
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- Website
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- Registered AddressNo.1264/1 D – 83 1264 D – 83/1 R.C.C. Ground Floor Vinobha Road Devaraja Mohalla, Mysore, Karnataka, India – 570001
- IndustryFinancial Services, Forex Services
- 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
- One PDF report, delivered after checkout
Business Activity of Pas Forex Private Limited
The main business activity of Pas Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pas Forex Private Limited FY 2025 filings available
Pas Forex Private Limited reported revenue of ₹1.41 Cr (up 273% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pas Forex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 273% growth in the latest year. EBITDA rose 11% 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 of Pas Forex Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹76,090 | •••• | •••• | •••• | •••• |
| 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 of Pas Forex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pas Forex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Pas Forex Private Limited
Pas Forex 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 |
|---|---|---|---|---|
| Shilpa Arun | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
| Arunkumar Jayakanth Yedathore | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
Peer Comparison of Pas Forex Private Limited
Pas Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B R Forex Enterprises Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Chandigarh, India |
| Oneworld Money Changer Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Clariwell Forex Private Limited | ₹1.42 Cr (FY 2022) | •••• | •••• | 4446.0% | •••• | Chennai, Tamil Nadu, India |
| Sky Man Forex Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Chennai, Tamil Nadu, India |
| Al-Khatib International Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Pas Forex Private Limited this company | ₹1.41 Cr (FY 2024) | •••• | •••• | 273.0% | •••• | Mysore, Karnataka, India |
| Ajay Money Exchange Services Private Limited. | ₹1.41 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Trafex India Private Limited | ₹1.41 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | New Delhi, Delhi, India |
| JGLG Forex & Travel Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Arham Forex Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Billimora, Gujarat, India |
| Kapil Forex and Tours Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Junagadh, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Pas Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pas Forex Private Limited
Auditor information for Pas Forex Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Pas Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pas Forex Private Limited
Pas Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pas Forex Private Limited
Employment history and EPFO contributions of people linked to Pas Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pas Forex Private Limited
Pas Forex Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Ashok Kumar ceased to be Director on 01 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Pas Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pas Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pas Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pas Forex Private Limited
Pas Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP4322J1Z8 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pas Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pas Forex Private Limited
Pas Forex is an active private limited company based in Mysore, Karnataka, India. The company works in forex services, within the financial services industry. It was incorporated on 18 September 2013 (13+ years old) and is registered under CIN U67110KA2013PTC071055.
Pas Forex reported revenue of ₹1.41 Cr for FY 2024 (up 273% YoY).
Pas Forex has 2 current directors:
- Shilpa Arun - Director
- Arunkumar Jayakanth Yedathore - Director
Pas Forex reported a net loss of ₹76,090 (net margin -0.5%) and EBITDA of -₹1.68 Lakh (EBITDA margin -1.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pas Forex is 29% over three years and 47% over five years. In the latest year (FY 2024) revenue rose 273%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pas Forex is 29AAHCP4322J1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Pas Forex is U67110KA2013PTC071055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pas Forex was incorporated on 18 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pas Forex by revenue are B R Forex Enterprises Private Limited, Oneworld Money Changer Private Limited, Clariwell Forex Private Limited, Sky Man Forex Private Limited, Al-Khatib International Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Ashok Kumar ceased to be Director on 01 Feb 2018. Prakash Kumar Jain ceased to be Director on 01 Feb 2018. Arunkumar Jayakanth Yedathore was appointed as Director on 18 Sep 2013. Pas Forex has 4 board changes on record in total.
Pas Forex can be reached through the website pas-forex.business.site. Its registered office is in Mysore, Karnataka, India.