About Relcon Forex Private Limited
Data last updated:
Relcon Forex Private Limited is a private limited company based in Vile Parle East, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 21 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC266749. Its GSTIN is 27AAHCR3895E1Z1 (Maharashtra).
The company has an authorised share capital of ₹49.5 Lakh and a paid-up capital of ₹49.5 Lakh. It is led by directors Raunak Mukesh Parekh and Saurabh Mukesh Parekh.
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 20 Chandra Villa Nehru Road Near Shiv Sagar Hotel, Vile Parle East, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 94.7%) and EBITDA of ₹1.57 Cr (EBITDA margin 96.3%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 69% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Relcon Forex. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relconforex.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address20 Chandra Villa Nehru Road Near Shiv Sagar Hotel, Vile Parle East, Maharashtra, India – 400057
- 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 Relcon Forex Private Limited
The main business activity of Relcon Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Relcon Forex Private Limited FY 2024 filings available
Relcon Forex Private Limited reported revenue of ₹1.63 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Relcon Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 57% fall in the latest year. EBITDA rose 306% 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 Relcon Forex Private Limited
| 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 | ₹1.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.55 Cr | •••• | •••• | •••• | •••• |
| 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 Relcon Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 94.7% | •••• | •••• | •••• | •••• |
| 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 Relcon Forex are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Relcon Forex Private Limited
Relcon Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vagmi Forex Private Limited | •••• | •••• | •••• | •••• | - | Kapashera, Delhi, India |
| Milan Moneychanger Private Limited | •••• | •••• | •••• | •••• | - | Kalol, Gujarat, India |
| Bharuch Forex Private Limited | •••• | •••• | •••• | •••• | - | Bharuch, Gujarat, India |
| Nilkanth Forex Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Reeudo Forex Services Private Limited | •••• | •••• | •••• | •••• | - | Galleria Dlf-Iv, Haryana, India |
| Relcon Forex Private Limited this company | •••• | •••• | •••• | •••• | - | Vile Parle East, Maharashtra, India |
| A.P. Forex Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Alpha Forex Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Invitation Forex Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| New India Biopharma Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Susheel Holidays and Forex Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Relcon Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Relcon Forex Private Limited
Relcon Forex Private Limited is audited by NIMESH B PAREKH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIMESH B PAREKH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Relcon Forex Private Limited
Relcon Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raunak Mukesh Parekh Also directs: Parekh Gold Traders LLP | Director | 27 Apr 2019 | 7 Years 5 Months | Current |
| Saurabh Mukesh Parekh Also directs: Parekh Gold Traders LLP | Director | 21 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Relcon 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 Relcon Forex Private Limited
Relcon Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Relcon Forex Private Limited
Relcon Forex Private Limited has 1 court case on record: 1 filed by Relcon Forex. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Yushma Forex Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Relcon Forex Private Limited
Relcon Forex operates one associated brand: Relcon Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers foreign exchange services including travel cards, currency exchange, and remittances. | relconforex.in |
Employees and EPFO Compliance at Relcon Forex Private Limited
Relcon Forex Private Limited has a workforce of 20 employees as of Apr 04, 2024.
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 Relcon Forex Private Limited
Relcon Forex Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Raunak Mukesh Parekh ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Relcon 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 Relcon 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 Relcon 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 Relcon Forex Private Limited
Relcon Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCR3895E1Z1 | Maharashtra | 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 Relcon 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 Relcon Forex Private Limited
Relcon Forex is an active private limited company based in Vile Parle East, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 21 July 2015 (11+ years old) and is registered under CIN U74999MH2015PTC266749.
Relcon Forex reported revenue of ₹1.63 Cr for FY 2025 (down 57% YoY).
Relcon Forex has 2 current directors:
- Raunak Mukesh Parekh - Director
- Saurabh Mukesh Parekh - Director
Relcon Forex reported a net profit of ₹1.55 Cr (net margin 94.7%) and EBITDA of ₹1.57 Cr (EBITDA margin 96.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Relcon Forex is -66% over three years and -69% over five years. In the latest year (FY 2025) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Relcon Forex is 27AAHCR3895E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Relcon Forex is U74999MH2015PTC266749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relcon Forex has 1 court case on record: 1 filed by the company.
Relcon Forex was incorporated on 21 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Relcon Forex by revenue are Vagmi Forex Private Limited, Milan Moneychanger Private Limited, Bharuch Forex Private Limited, Nilkanth Forex Private Limited, Reeudo Forex Services Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Raunak Mukesh Parekh ceased to be Additional Director on 30 Sep 2019. Raunak Mukesh Parekh was appointed as Director on 27 Apr 2019. Sanjeev Ugamraj Sethiya ceased to be Director on 27 Apr 2019. Relcon Forex has 5 board changes on record in total.