
Ray & Lawrence Currencies Private Limited
About Ray & Lawrence Currencies Private Limited
Data last updated:
Ray & Lawrence Currencies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 03 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2010PTC203665. Its GSTIN is 27AAECR8156R1ZH (Maharashtra).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors including Indru Harish Mirchandani and Navin Harish Mirchandani.
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 322 Himalaya House 79 Palton Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.81 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹5.53 Lakh (net margin 56.4%) and EBITDA of ₹7.46 Lakh (EBITDA margin 76.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ray & Lawrence Currencies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address322 Himalaya House 79 Palton Road, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ray & Lawrence Currencies 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 Ray & Lawrence Currencies is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Ray & Lawrence Currencies Private Limited, buy the company report.
Financials of Ray & Lawrence Currencies Private Limited
FY 2025 filings availableRay & Lawrence Currencies Private Limited reported revenue of ₹9.81 Lakh (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 34% growth in the latest year. EBITDA rose 59% 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 |
|---|---|---|---|---|---|
| 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 | ₹7.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.53 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.1% | ||||
| Net Profit Margin | 56.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ray & Lawrence Currencies Private Limited, buy the company report.
Board of directors of Ray & Lawrence Currencies Private Limited
Ray & Lawrence Currencies has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indru Harish Mirchandani Also directs: Ray and Lawrence Commodities Private Limited | Director | 03 Jun 2010 | 16 Years 5 Months | Current |
| Navin Harish Mirchandani Also directs: Ray and Lawrence Commodities Private Limited | Director | 03 Jun 2010 | 16 Years 5 Months | Current |
| Harish Bulchand Mirchandani Also directs: Ray and Lawrence Commodities Private Limited | Director | 03 Jun 2010 | 16 Years 5 Months | Current |
| Bhag Harish Mirchandani Also directs: Ray and Lawrence Commodities Private Limited | Director | 03 Jun 2010 | 16 Years 5 Months | Current |
| Narene Harish Mirchandani | Director | 03 Jun 2010 | 16 Years 5 Months | Current |
Peer comparison
Ray & Lawrence Currencies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sat World Capital Private Limited | ₹9.87 Lakh (FY 2025) | 6.0% | Basveshwaranaga, Karnataka, India | |||
| Money Fox Investment Private Limited | ₹9.87 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Sri Jayaprakash Chits Private Limited | ₹9.86 Lakh (FY 2025) | 16.0% | Machilipatnam, Andhra Pradesh, India | |||
| Prabhat Stores Money Changers Private Limited | ₹9.83 Lakh (FY 2025) | 50.0% | Andhra Pradesh, India | |||
| Dhanmangal Urban Nidhi Limited | ₹9.82 Lakh (FY 2025) | -40.0% | Buldhana, Maharashtra, India | |||
| Ray & Lawrence Currencies Private Limitedthis company | ₹9.81 Lakh (FY 2025) | ₹5.53 Lakh | 56.4% | 34.0% | Mumbai, Maharashtra, India | |
| Mastermind Advisors Private Limited | ₹9.79 Lakh (FY 2024) | -48.0% | Delhi, India | |||
| Max Exim Consultancy Private Limited | ₹9.79 Lakh (FY 2024) | -49.0% | Mumbai, Maharashtra, India | |||
| Savitri Vyapaar Private Limited | ₹9.79 Lakh (FY 2025) | -68.0% | Kolkata, West Bengal, India | |||
| Vishal Holdings & Capital Private Limited | ₹9.79 Lakh (FY 2024) | -81.0% | New Delhi, Delhi, India | |||
| MLB Commodities Private Limited | ₹9.76 Lakh (FY 2024) | -17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ray & Lawrence Currencies Private Limited, buy the company report.
Auditor
Ray & Lawrence Currencies Private Limited is audited by H.M.Kataria & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.M.Kataria & Associates | FY 2017 | 104911W |
Shareholding
The shareholding of Ray & Lawrence Currencies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ray & Lawrence Currencies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ray & Lawrence Currencies 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 Ray & Lawrence Currencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ray & Lawrence Currencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR8156R1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ray & Lawrence Currencies Private Limited, buy the company report.
Recent activity
Ray & Lawrence Currencies Private Limited has 5 board changes on record since 2010: 5 appointments. The latest: Bhag Harish Mirchandani was appointed as Director on 03 Jun 2010.
Frequently asked questions
Ray & Lawrence Currencies is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 03 June 2010 (16+ years old) and is registered under CIN U67190MH2010PTC203665.
Ray & Lawrence Currencies has 5 current directors:
- Indru Harish Mirchandani - Director
- Navin Harish Mirchandani - Director
- Harish Bulchand Mirchandani - Director
- Bhag Harish Mirchandani - Director
- Narene Harish Mirchandani - Director
The latest financial statements of Ray & Lawrence Currencies 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 Ray & Lawrence Currencies is 27AAECR8156R1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ray & Lawrence Currencies is U67190MH2010PTC203665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray & Lawrence Currencies was incorporated on 03 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ray & Lawrence Currencies by revenue are Sat World Capital Private Limited, Money Fox Investment Private Limited, Sri Jayaprakash Chits Private Limited, Prabhat Stores Money Changers Private Limited, Dhanmangal Urban Nidhi Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Bhag Harish Mirchandani was appointed as Director on 03 Jun 2010. Harish Bulchand Mirchandani was appointed as Director on 03 Jun 2010. Indru Harish Mirchandani was appointed as Director on 03 Jun 2010. Ray & Lawrence Currencies has 5 board changes on record in total.
The registered office of Ray & Lawrence Currencies is at 322 Himalaya House 79 Palton Road, Mumbai, Maharashtra, India – 400001.
Ray & Lawrence Currencies operates in the financial services industry, in the financial activities segment.
The compliance status of Ray & Lawrence Currencies is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.

