Prayosha Forex Private Limited
About Prayosha Forex Private Limited
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Prayosha Forex Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 12 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2011PTC063638. Its GSTIN is 24AAFCP8240F2ZJ (Gujarat). 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 including Keyurkumar Arvindbhai Patel and Hirani Hetalkumar Patel.
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 B – 3 Ramkrishna Shopping Center Opp. Union Bank Mayfair Road, Anand, Gujarat, India – 388001.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.51 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹28,666 (net margin 2.5%) and EBITDA of ₹2,476 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prayosha Forex Private Limited's registered office is in Anand, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 3 Ramkrishna Shopping Center Opp. Union Bank Mayfair Road, Anand, Gujarat, India – 388001
- IndustryFinancial Services, Forex Services
To see the full contact details of Prayosha 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 Prayosha 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 Prayosha Forex Private Limited, buy the company report.
Financials of Prayosha Forex Private Limited
FY 2025 filings availablePrayosha Forex Private Limited reported revenue of ₹11.51 Lakh (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 44%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.51 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2,476 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28,666 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Prayosha Forex Private Limited, buy the company report.
Board of directors of Prayosha Forex Private Limited
Prayosha Forex has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keyurkumar Arvindbhai Patel | Director | 30 Sep 2013 | 13 Years 0 Months | Current |
| Hirani Hetalkumar Patel | Director | 12 Jan 2011 | 15 Years 9 Months | Current |
| Hetalkumar Arvindbhai Patel | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Dhartiben Keyurkumar Patel | Director | 12 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Prayosha Forex Private Limited is audited by R T PATEL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R T PATEL & CO | FY 2020 | 128881W |
Shareholding
The shareholding of Prayosha Forex Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prayosha Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prayosha 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 Prayosha Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prayosha Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP8240F2ZJ | Gujarat | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Prayosha Forex Private Limited, buy the company report.
Recent activity
Prayosha Forex Private Limited has 9 board changes on record since 2011: 4 appointments and 5 cessations. The latest: Dhartiben Keyurkumar Patel ceased to be Director on 01 Feb 2025.
Frequently asked questions
Prayosha Forex is an active private limited company based in Anand, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 12 January 2011 (15+ years old) and is registered under CIN U67190GJ2011PTC063638.
Prayosha Forex has 4 current directors:
- Keyurkumar Arvindbhai Patel - Director
- Hirani Hetalkumar Patel - Director
- Hetalkumar Arvindbhai Patel - Director
- Dhartiben Keyurkumar Patel - Director
The latest financial statements of Prayosha Forex 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 2015 are in the company report.
The GSTIN of Prayosha Forex is 24AAFCP8240F2ZJ, registered in Gujarat. 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 Prayosha Forex is U67190GJ2011PTC063638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayosha Forex was incorporated on 12 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhartiben Keyurkumar Patel ceased to be Director on 01 Feb 2025. Arvindbhai Dahyabhai Patel ceased to be Director on 06 Sep 2018. Urmilaben Arvindbhai Patel ceased to be Director on 06 Sep 2018. Prayosha Forex has 9 board changes on record in total.
The registered office of Prayosha Forex is at B – 3 Ramkrishna Shopping Center Opp. Union Bank Mayfair Road, Anand, Gujarat, India – 388001.
Prayosha Forex operates in the financial services industry, in the forex services segment.
The compliance status of Prayosha Forex is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.