Powar Forex Pvt Ltd - Company Profile

Q: Who are the current directors of Powar Forex Pvt Ltd?

The current directors of Powar Forex Pvt Ltd are Davinder Kumar, Neeraj Powar.

It is a financial services private limited company based in Adampur, Punjab, India, established in 2006.

2006 Adampur, Punjab, India Active

Last Updated: December 20, 2025

About Powar Forex Pvt Ltd

Powar Forex Pvt Ltd, a active private limited company, was established on 12 April 2006 in Adampur, Punjab, India. Engaging in financial activities within the financial services sector, it holds CIN: U45202PB2006PTC030031. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.60 M and a paid-up capital of ₹2.60 M.

It upholds a compliant status. Its leadership includes Davinder Kumar (Director), Neeraj Powar (Director). Past directors included Jaswinder Paul. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Main Bazarnear Devi Mandir Adampur Jalandhar, Adampur, Punjab.

Company Details

CIN/LLPIN
U45202PB2006PTC030031
Registration Number
030031
Incorporation Date
12 April 2006
Authorized Capital
₹2.60 M
Paid-Up Capital
₹2.60 M
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.60 M as on 20-12-2025
Paid Up Capital ₹ 2.60 M as on 20-12-2025
Company Age 19 Year, 9 Months
Last Filing with ROC 31 Mar 2024

Comprehensive Company Insights

Explore comprehensive insights into Powar Forex Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Powar Forex Pvt Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Davinder Kumar	Director	12 Apr 2006	Current
Neeraj Powar	Director	12 Apr 2006	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	11 Oct 2007	Past

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Financial Performance of Powar Forex.

Powar Forex Pvt Ltd, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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What is the Ownership and Shareholding Structure of Powar Forex?

In 2017, Powar Forex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Powar Forex?

Unlock and access historical data on people associated with Powar Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Powar Forex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Powar Forex's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Powar Forex

Recent Activity within the Organization

Annual General Meeting

The activity Powar Forex Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

The activity Powar Forex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.
31 Mar 2024
Director Appointment

Davinder Kumar was appointed as a Director was appointed as a Director on 12 Apr 2006 & has been associated with this company since 19 years 9 months . was recorded as a recent event.
12 Apr 2006
Director Appointment

The activity Neeraj Powar was appointed as a Director was appointed as a Director on 12 Apr 2006 & has been associated with this company since 19 years 9 months . was completed.
12 Apr 2006
Company Incorporation

Powar Forex Pvt Ltd was registered on 12 Apr 2006 with Roc Chandigarh & aged 19 years 9 months as per MCA records. was recorded as a recent event.
12 Apr 2006

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Frequently Asked Questions

What is the CIN of Powar Forex Pvt Ltd?

The CIN of Powar Forex Pvt Ltd is U45202PB2006PTC030031.

Where is Powar Forex Pvt Ltd headquartered?

Powar Forex Pvt Ltd is headquartered at Main Bazarnear Devi Mandir Adampur Jalandhar, Adampur, Punjab.

When was Powar Forex Pvt Ltd incorporated?

Powar Forex Pvt Ltd was incorporated on 12 April 2006.

Who are the current directors of Powar Forex Pvt Ltd?

The current directors of Powar Forex Pvt Ltd are

What is the primary industry of Powar Forex Pvt Ltd?

The primary industry of Powar Forex Pvt Ltd is Financial Services.

Is Powar Forex Pvt Ltd a listed company?

Powar Forex Pvt Ltd is unlisted.

What is the capital structure of Powar Forex Pvt Ltd?

The authorized capital of Powar Forex Pvt Ltd is ₹2.60 M, and the paid-up capital is ₹2.60 M.

What is the compliance status of Powar Forex Pvt Ltd?

The compliance status of Powar Forex Pvt Ltd is Compliant.

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