MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-10-0050243
Sagar Forex Limited - financial services in Jalandhar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.94 Lakh
▼ 57% YoY
Net loss · FY 2025
₹10.43 Lakh
Latest filing
EBITDA · FY 2025
-₹7.87 Lakh
EBITDA margin -405.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹86.44 Lakh
Issued & subscribed
Satisfied charges
₹22 Lakh
No open charges
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
About Sagar Forex Limited
Data last updated:
Sagar Forex Limited is a public limited company based in Jalandhar, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 01 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65999PB1998PLC022001. Its GSTIN is 03AAGCS6201E1ZX (Punjab).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹86.44 Lakh. It is led by directors including Vidya Sagar (Managing Director) and Smriti Gupta.
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 Prime Tower 28 Gt Road, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.94 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹10.43 Lakh and EBITDA of -₹7.87 Lakh (EBITDA margin -405.9%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 74% over five years.
As per MCA filings, the company has satisfied charges of ₹22 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Sagar Forex Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0050243). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sagarforex.com.
Company details
CIN U65999PB1998PLC022001
Registration Number 022001
Incorporation Date 01 December 1998
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-10-0050243
CIN history
Sagar Forex has one previous CIN (Corporate Identification Number): L65999PB1998PLC022001. The current CIN is U65999PB1998PLC022001, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999PB1998PLC022001 | Current |
| L65999PB1998PLC022001 | Previous |
Recognitions & Rankings of Sagar Forex
Contact details
Sagar Forex Limited's registered office is in Jalandhar, Punjab. Its website is sagarforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrime Tower 28 Gt Road, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Forex Services
To see the full contact details of Sagar Forex Limited, buy the company report.
Comprehensive company report
Sagar Forex Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Sagar Forex is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Sagar Forex Limited, buy the company report.
Financials of Sagar Forex Limited
FY 2025 filings availableSagar Forex Limited reported revenue of ₹1.94 Lakh (down 57% YoY) for FY 2025.
Revenue · FY 2025
₹1.94 Lakh ▼ 57%
Net loss · FY 2025
₹10.43 Lakh
EBITDA · FY 2025
-₹7.87 Lakh margin -405.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 64%
5 years · compounded
▼ 74%
EBITDA CAGR growth
1 year
▼ 35%
5 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 57% fall in the latest year. EBITDA fell 35% 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 | -₹7.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.43 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 | -405.9% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sagar Forex Limited, buy the company report.
Board of directors of Sagar Forex Limited
Sagar Forex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smriti Gupta | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Seema Aggarwal | Director | 01 Dec 1998 | 27 Years 10 Months | Current |
| Vidya Sagar | Managing Director | 01 Dec 1998 | 27 Years 10 Months | Current |
Auditor
Sagar Forex Limited is audited by KRISHAN K MITTAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHAN K MITTAL & CO | FY 2020 | 001219N |
Shareholding
The shareholding of Sagar Forex Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sagar Forex Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹22 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2005 | 90167325 | Lord Krishan Bank | ₹22 Lakh | Satisfied |
To see the full charge records of Sagar Forex Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sagar Forex Limited has 4 court cases on record: 3 filed by Sagar Forex, 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by Kangaroo Studies Pvt Ltd | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Ors. and 3 others | Disposed |
| District court, Jalandhar, Punjab | Commercial suit | Filed by the company against Ms Jindat International | Disposed |
To see the full case history of Sagar 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 Sagar Forex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCS6201E1ZX | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sagar Forex Limited, buy the company report.
Recent activity
Sagar Forex Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Raman Kumar ceased to be Director on 15 Nov 2022.
AGM
Sagar Forex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sagar Forex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Raman Kumar ceased to be Director.
Appointed
Smriti Gupta was appointed as Director.
Charges
A charge registered on 11 Jun 2005 via Charge ID 90167325 with Lord Krishan Bank was fully satisfied on 26 Nov 2021.
Charges
A charge with Lord Krishan Bank amounted to Rs. 0.22 Cr with Charge ID 90167325 was registered on 11 Jun 2005.
Appointed
Seema Aggarwal was appointed as Director.
Appointed
Vidya Sagar was appointed as Managing Director.
Incorporation
01 Dec 1998
Sagar Forex Limited was registered on 01 Dec 1998 with Roc Chandigarh & aged 27 years 10 months as per MCA records.
Frequently asked questions
Sagar Forex is an active public limited company based in Jalandhar, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 01 December 1998 (28+ years old) and is registered under CIN U65999PB1998PLC022001.
Sagar Forex has 3 current directors:
- Vidya Sagar - Managing Director
- Smriti Gupta - Director
- Seema Aggarwal - Director
The latest financial statements of Sagar 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 Sagar Forex is 03AAGCS6201E1ZX, registered in Punjab.
The CIN (Corporate Identification Number) of Sagar Forex is U65999PB1998PLC022001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Forex has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Sagar Forex was incorporated on 01 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Raman Kumar ceased to be Director on 15 Nov 2022. Smriti Gupta was appointed as Director on 15 Nov 2022. Seema Aggarwal was appointed as Director on 01 Dec 1998. Sagar Forex has 4 board changes on record in total.
Yes, Sagar Forex is registered as a small enterprise under Udyam registration (number: UDYAM-PB-10-0050243).
Sagar Forex can be reached through the website sagarforex.com. Its registered office is in Jalandhar, Punjab, India.