- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0016482

About S F Forex Private Limited
Data last updated:
S F Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 19 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65191TN1990PTC018757. Its GSTIN is 33AAACS7033A1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It was formerly known as Sugal Finance Private Limited and Sugal Finance Credit and Investment Private Limited. It is led by directors including Suresh Kumar Jain (Managing Director) and Aakash Jain (Whole-Time Director).
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 151 Triplicane High Roadchennai5 Tamilnadu, Tamil Nadu, India – 600005.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.76 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹5,962 (net margin 0%) and EBITDA of ₹5.27 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹35.62 Lakh on record.
S F Forex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0016482). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sfforex.com.
Company details
Name history
S F Forex has undergone 2 name changes throughout its history. The company was previously known as Sugal Finance Private Limited, and Sugal Finance Credit And Investment Private Limited. The current legal name is S F Forex Private Limited.
| Company Name | Status |
|---|---|
| S F Forex Private Limited | Current |
| Sugal Finance Private Limited | Previous |
| Sugal Finance Credit And Investment Private Limited | Previous |
Recognitions & Rankings of S F Forex
Contact details
S F Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sfforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address151 Triplicane High Roadchennai5 Tamilnadu, Tamil Nadu, India – 600005
- IndustryFinancial Services, Forex Services
To see the full contact details of S F 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 S F 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 S F Forex Private Limited, buy the company report.
Financials of S F Forex Private Limited
FY 2025 filings availableS F Forex Private Limited reported revenue of ₹14.76 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 45% 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 | ₹5.27 Lakh | ||||
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| Net Profit (PAT) | ₹5,962 | ||||
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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 | 0.4% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of S F Forex Private Limited, buy the company report.
Board of directors of S F Forex Private Limited
S F Forex has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Jain | Managing Director | 19 Feb 1990 | 36 Years 8 Months | Current |
| Aakash Jain Also directs: Sugal Builders & Developers LLP, Avenva Projects Private Limited, SK Madras Car House Private Limited and 4 more | Whole-Time Director | 18 Dec 2015 | 10 Years 10 Months | Current |
| Dinesh Kumar Suresh Kumar | Director | 09 Jun 2016 | 10 Years 4 Months | Current |
| Sagar Jain | Director | 09 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
S F Forex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Adept Forex Private Limited | ₹15.01 Cr (FY 2024) | -39.0% | Fingapara, West Bengal, India | |||
| Samriddhi Forex & Services Private Limited | ₹14.88 Cr (FY 2025) | -12.0% | Gurgaon, Haryana, India | |||
| Anaisha Forex Private Limited | ₹14.84 Cr (FY 2022) | New Delhi, Delhi, India | ||||
| Yogistar Tours and Forex Private Limited | ₹14.83 Cr (FY 2025) | -12.0% | Sri Ganganagar, Rajasthan, India | |||
| S F Forex Private Limitedthis company | ₹14.76 Cr (FY 2025) | ₹5,962 | 0% | -16.0% | Chennai, Tamil Nadu, India | |
| Travorex Forex & Travels Private Limited | ₹14.74 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Golden Cross Forex Private Limited | ₹14.71 Cr (FY 2025) | -26.0% | Topsia, West Bengal, India |
To see the full peer comparison of S F Forex Private Limited, buy the company report.
Auditor
S F Forex Private Limited is audited by S.L. GADHIYA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.L. GADHIYA & CO | FY 2022 | 000839S |
Shareholding
The shareholding of S F Forex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S F Forex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2000 | 90302772 | Bank of Baroda | ₹25 Lakh | Satisfied | |
| 02 Dec 1992 | 90300239 | Bank of Baroda | ₹62,000 | Satisfied | |
| 29 Jan 1991 | 90302514 | Bank of Baroda | ₹10 Lakh | Satisfied |
To see the full charge records of S F Forex Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving S F 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 S F Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S F Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS7033A1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S F Forex Private Limited, buy the company report.
Recent activity
S F Forex Private Limited has 12 board changes on record since 1990: 4 appointments and 8 cessations. The latest: Suresh Kumar Jain ceased to be Managing Director on 20 Sep 2021.
9 earlier events are in the company report.
Frequently asked questions
S F Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 19 February 1990 (36+ years old) and is registered under CIN U65191TN1990PTC018757.
S F Forex has 4 current directors:
- Suresh Kumar Jain - Managing Director
- Aakash Jain - Whole-Time Director
- Dinesh Kumar Suresh Kumar - Director
- Sagar Jain - Director
The latest financial statements of S F 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 S F Forex is 33AAACS7033A1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of S F Forex is U65191TN1990PTC018757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S F Forex was incorporated on 19 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of S F Forex by revenue are Adept Forex Private Limited, Samriddhi Forex & Services Private Limited, Anaisha Forex Private Limited, Yogistar Tours and Forex Private Limited, Travorex Forex & Travels Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Suresh Kumar Jain ceased to be Managing Director on 20 Sep 2021. Dinesh Kumar Suresh Kumar ceased to be Additional Director on 30 Sep 2016. Aakash Jain ceased to be Director on 21 Sep 2016. S F Forex has 12 board changes on record in total.
Yes, S F Forex is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0016482).
S F Forex can be reached through the website sfforex.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of S F Forex is at 151 Triplicane High Roadchennai5 Tamilnadu, Tamil Nadu, India – 600005.

