
Saro Forex Private Limited
About Saro Forex Private Limited
Data last updated:
Saro 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 09 August 2023.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U66190TN2023PTC162696. Its GSTIN is 33ABLCS4445C1ZH (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Muralikrishnan Udhaya Priya and Saravanan Logesh.
Its last annual general meeting (AGM) was held on 15 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2026, the company reported a revenue of ₹2.66 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹5.85 Lakh (net margin -220%) and EBITDA of -₹5.79 Lakh (EBITDA margin -217.7%).
Company details
Contact details
Saro Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13/A 15/1, Inspector Subburayalu St, Chennai, Tamil Nadu, India – 600021
- IndustryFinancial Services, Forex Services
To see the full contact details of Saro 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 Saro Forex 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 Saro Forex Private Limited, buy the company report.
Financials of Saro Forex Private Limited
FY 2026 filings availableSaro Forex Private Limited reported revenue of ₹2.66 Lakh (down 100% YoY) for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
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| Total Expenses | |||
| EBITDA | -₹5.79 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.85 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -217.7% | ||
| Net Profit Margin | -220% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Saro Forex Private Limited, buy the company report.
Board of directors of Saro Forex Private Limited
Saro Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralikrishnan Udhaya Priya | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Saravanan Logesh | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Saro Forex Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with 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 |
|---|---|---|---|---|---|---|
| Moupriya Forex and Travels Private Limited | ₹16.69 Cr (FY 2025) | -32.0% | Kolkata, West Bengal, India | |||
| Green Global Forex Private Limited | ₹16.63 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Coinera Forex Private Limited | ₹16.53 Cr (FY 2025) | -51.0% | Gautam Buddha Nagar, Uttar Pradesh, India | |||
| Saro Forex Private Limitedthis company | ₹2.66 Lakh (FY 2026) | -₹5.85 Lakh | -220% | -100.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Saro Forex Private Limited, buy the company report.
Auditor
Saro Forex Private Limited is audited by M RAVI for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M RAVI | FY 2024 | 200226 |
Shareholding
The shareholding of Saro Forex Private Limited is on record for FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Saro Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saro 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 Saro Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saro Forex Private Limited has 1 active EPFO establishment as of Mar 20, 2024.
GST
Saro Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABLCS4445C1ZH | Tamil Nadu | Active | 10 Jan 2024 |
To see the full GST registrations and return filing status of Saro Forex Private Limited, buy the company report.
Recent activity
Saro Forex Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Muralikrishnan Udhaya Priya was appointed as Director on 09 Aug 2023.
Frequently asked questions
Saro 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 09 August 2023 (3+ years old) and is registered under CIN U66190TN2023PTC162696.
Saro Forex has 2 current directors:
- Muralikrishnan Udhaya Priya - Director
- Saravanan Logesh - Director
The latest financial statements of Saro Forex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 June 2026. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Saro Forex is 33ABLCS4445C1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Saro Forex is U66190TN2023PTC162696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saro Forex was incorporated on 09 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Saro Forex by revenue are Moupriya Forex and Travels Private Limited, Green Global Forex Private Limited, Coinera Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Muralikrishnan Udhaya Priya was appointed as Director on 09 Aug 2023. Saravanan Logesh was appointed as Director on 09 Aug 2023.
The registered office of Saro Forex is at 13A 151, Inspector Subburayalu St, Chennai, Tamil Nadu, India – 600021.
Saro Forex operates in the financial services industry, in the forex services segment.
Saro Forex can be reached at its registered office: 13A 151, Inspector Subburayalu St, Chennai, Tamil Nadu, India – 600021.