About Quick Forex Limited
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Quick Forex Limited is a public limited company based in New Delhi, Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 05 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2005PLC139408. Its GSTIN is 03AAACQ1273G1ZV (Punjab). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10.8 Cr and a paid-up capital of ₹10.77 Cr. It was formerly known as Quick Forex Private Limited. It is led by directors including Pratima Sharma (Whole-Time Director) and Arvind 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 3507/6 Pyre Lal Roadbank Street Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.4 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹23.43 Lakh (net margin -1.1%) and EBITDA of ₹36.99 Lakh (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 54% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Quickforex. As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 2 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in July 2017. Its 9 peer companies in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 5 smaller; the largest is Soumya Forex & Travels Private Limited with revenue of ₹20.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quickforex.in.
Company details
CIN history
Quick Forex has one previous CIN (Corporate Identification Number): U67190DL2005PTC139408. The current CIN is U67190DL2005PLC139408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190DL2005PLC139408 | Current |
| U67190DL2005PTC139408 | Previous |
Contact details
Quick Forex Limited's registered office is in New Delhi, Delhi. Its website is quickforex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3507/6 Pyre Lal Roadbank Street Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryFinancial Services, Forex Services
To see the full contact details of Quick Forex 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
Brands
Quick Forex operates one associated brand: Quickforex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cross-border money transfers are facilitated through a digital wallet. | quickforex.in |
Business activity
The main business activity of Quick 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 Quick Forex Limited, buy the company report.
Financials of Quick Forex Limited
FY 2024 filings availableQuick Forex Limited reported revenue of ₹20.4 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 11% fall in the latest year. EBITDA fell 77% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹36.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Quick Forex Limited, buy the company report.
Board of directors and KMP of Quick Forex Limited
Quick Forex Limited currently reports 4 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Sharma | Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Yash Sharma Also directs: Sky Masala Private Limited, Quick Medi Globe Private Limited | Cfo | 03 Jun 2019 | 7 Years 4 Months | Current |
| Pankaj Padia Also directs: Fastgrow Forex & Travels Private Limited | Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Pratima Sharma Also directs: Bagwan Petroleum Limited, Sypm Developers Private Limited, Sky Masala Private Limited and 3 more | Whole-Time Director | 05 Feb 2010 | 16 Years 8 Months | Current |
| Maitri Sharma | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Quick Forex Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Soumya Forex & Travels Private Limited | ₹20.47 Cr (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Precise Forex Private Limited | ₹20.47 Cr (FY 2024) | 29.0% | Hyderabad, Telangana, India | |||
| Al-Ansar Travels Private Limited | ₹20.47 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Dhar Tour & Travels Private Limited | ₹20.45 Cr (FY 2024) | -35.0% | Kolkata, West Bengal, India | |||
| Quick Forex Limitedthis company | ₹20.4 Cr (FY 2025) | -₹23.43 Lakh | -1.1% | -11.0% | 97 | New Delhi, Delhi, India |
| Alliance Travels and Forex Private Limited | ₹20.35 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Splendid Forex Private Limited | ₹20.22 Cr (FY 2025) | 44.0% | Pune, Maharashtra, India | |||
| Putul Tours & Travels Private Limited | ₹20.2 Cr (FY 2025) | -43.0% | Kolkata, West Bengal, India | |||
| Captain Forex Private Limited | ₹20.19 Cr (FY 2019) | 811.0% | Virar, Maharashtra, India | |||
| Vezpa Forex Private Limited | ₹20.19 Cr (FY 2025) | -41.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Quick Forex Limited, buy the company report.
Auditor
Quick Forex Limited is audited by Himanshu Mohta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Himanshu Mohta & Associates | FY 2023 | 019931C |
Shareholding
The shareholding of Quick Forex 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 Quick Forex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2023 | 100783273 | Others | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Quick Forex Limited has 4 deals on record (4 secondary share transfers); the latest was in July 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quick Forex Limited has 11 court cases on record: 9 filed by Quick Forex, 2 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Central, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, North, Delhi | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, North, Delhi | Court case (EX. CIVIL) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against individuals | Disposed |
To see the full case history of Quick Forex 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 Quick Forex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quick Forex Limited has a workforce of 97 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Quick Forex has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACQ1273G1ZV | Punjab | Active | 05 Jan 2018 |
| 09AAACQ1273G1ZJ | Uttar Pradesh | Active | 27 Aug 2018 |
| 04AAACQ1273G1ZT | Chandigarh | Active | 02 Mar 2020 |
| 27AAACQ1273G1ZL | Maharashtra | Active | 24 May 2022 |
To see the full GST registrations and return filing status of Quick Forex Limited, buy the company report.
Recent activity
Quick Forex Limited has 16 board changes on record since 2009: 5 appointments and 11 cessations. The latest: Satish Sharma ceased to be Managing Director on 01 Apr 2022.
8 earlier events are in the company report.
Frequently asked questions
Quick Forex is an active public limited company based in New Delhi, Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 05 August 2005 (21+ years old) and is registered under CIN U67190DL2005PLC139408.
Quick Forex has 5 current directors and KMP:
- Pratima Sharma - Whole-Time Director
- Arvind Sharma - Director
- Pankaj Padia - Director
- Maitri Sharma - Director
- Yash Sharma - Cfo
The latest financial statements of Quick 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 Quick Forex is 03AAACQ1273G1ZV, registered in Punjab. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 09AAACQ1273G1ZJ (Uttar Pradesh), 04AAACQ1273G1ZT (Chandigarh), 27AAACQ1273G1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Quick Forex is U67190DL2005PLC139408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quick Forex has 11 court cases on record: 9 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Quick Forex was incorporated on 05 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Quick Forex has 4 deals on record (4 secondary share transfers); the latest was in July 2017.
The peers of Quick Forex by revenue are Soumya Forex & Travels Private Limited, Precise Forex Private Limited, Al-Ansar Travels Private Limited, Dhar Tour & Travels Private Limited, Alliance Travels and Forex Private Limited and 4 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Satish Sharma ceased to be Managing Director on 01 Apr 2022. Balady Shekar Shetty ceased to be Additional Director on 30 Nov 2021. Deepak Sharma ceased to be Company Secretary on 05 Oct 2020. Quick Forex has 16 board changes on record in total.
Quick Forex can be reached through the website quickforex.in. Its registered office is in New Delhi, Delhi, India.