About Shanti Forex Private Limited
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Shanti Forex Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 09 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65999TG2004PTC043614. Its GSTIN is 36AAICS2800D2ZQ (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Shantilal Pukhraj Jain and Kamala Jain.
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 S9 & S10 2 – 2 – 1108/1 & 1/A Beside Tilak Nagar Hospital Tilak Nagar New Nallakunta, Hyderabad, Telangana, India – 500044.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.88 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹30.63 Lakh (net margin 0.4%) and EBITDA of ₹43.25 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 3% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shantiforex.in.
Company details
CIN history
Shanti Forex has one previous CIN (Corporate Identification Number): U65999AP2004PTC043614. The current CIN is U65999TG2004PTC043614, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999TG2004PTC043614 | Current |
| U65999AP2004PTC043614 | Previous |
Contact details
Shanti Forex Private Limited's registered office is in Hyderabad, Telangana. Its website is shantiforex.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressS9 & S10 2 – 2 – 1108/1 & 1/A Beside Tilak Nagar Hospital Tilak Nagar New Nallakunta, Hyderabad, Telangana, India – 500044
- IndustryFinancial Services, Forex Services
To see the full contact details of Shanti 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 Shanti 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 Shanti Forex Private Limited, buy the company report.
Financials of Shanti Forex Private Limited
FY 2025 filings availableShanti Forex Private Limited reported revenue of ₹82.88 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 22% fall in the latest year. EBITDA fell 54% 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 | ₹43.25 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹30.63 Lakh | ||||
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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 | 0.5% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Shanti Forex Private Limited, buy the company report.
Board of directors of Shanti Forex Private Limited
Shanti Forex has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantilal Pukhraj Jain | Director | 09 Jul 2004 | 22 Years 3 Months | Current |
| Kamala Jain | Director | 09 Jul 2004 | 22 Years 3 Months | Current |
| Mukesh Kumar Shantilal Jain Also directs: Shaanti Group Hotels and Resorts Private Limited | Director | 09 Jul 2004 | 22 Years 3 Months | Current |
| Goutimukkula Pradeep Kumar | Director | 11 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Shanti 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 |
|---|---|---|---|---|---|---|
| Crown Forex (India) Private Limited | ₹88.55 Cr (FY 2024) | 163.0% | New Delhi, Delhi, India | |||
| Easy Mudra Private Limited | ₹88.45 Cr (FY 2024) | 588.0% | New Delhi, Delhi, India | |||
| Alankit Forex India Limited | ₹88.08 Cr (FY 2025) | 81.0% | New Delhi, Delhi, India | |||
| Faizan Forex and Travels Services Private Limited | ₹84.46 Cr (FY 2019) | Mumbai, Maharashtra, India | ||||
| Shanti Forex Private Limitedthis company | ₹82.88 Cr (FY 2025) | ₹30.63 Lakh | 0.4% | -22.0% | Hyderabad, Telangana, India | |
| Pluto Forex Private Limited | ₹81.17 Cr (FY 2024) | 9.0% | Kolkata, West Bengal, India | |||
| Eventage Forex and Travels Private Limited | ₹79.76 Cr (FY 2019) | 238.0% | Bongaon, West Bengal, India |
To see the full peer comparison of Shanti Forex Private Limited, buy the company report.
Auditor
Shanti Forex Private Limited is audited by PREMA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREMA & ASSOCIATES | FY 2019 | 013089S |
Shareholding
The shareholding of Shanti Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shanti Forex Private Limited, buy the company report.
Legal cases
Shanti Forex Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by The Assistant Director of Income Tax, Hyderabad. | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by The Assistant Director of Income Tax, Hyderabad. | Disposed |
To see the full case history of Shanti Forex Private 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 Shanti Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shanti Forex has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICS2800D2ZQ | Telangana | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Shanti Forex Private Limited, buy the company report.
Recent activity
Shanti Forex Private Limited has 7 board changes on record since 2004: 5 appointments and 2 cessations. The latest: Goutimukkula Pradeep Kumar was appointed as Director on 11 Apr 2025.
Frequently asked questions
Shanti Forex is an active private limited company based in Hyderabad, Telangana, India. The company works in forex services, within the financial services industry. It was incorporated on 09 July 2004 (22+ years old) and is registered under CIN U65999TG2004PTC043614.
Shanti Forex has 4 current directors:
- Shantilal Pukhraj Jain - Director
- Kamala Jain - Director
- Mukesh Kumar Shantilal Jain - Director
- Goutimukkula Pradeep Kumar - Director
The latest financial statements of Shanti 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 Shanti Forex is 36AAICS2800D2ZQ, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shanti Forex is U65999TG2004PTC043614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanti Forex has 2 court cases on record: 2 filed against it.
Shanti Forex was incorporated on 09 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Shanti Forex by revenue are Crown Forex (India) Private Limited, Easy Mudra Private Limited, Alankit Forex India Limited, Faizan Forex and Travels Services Private Limited, Pluto Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Goutimukkula Pradeep Kumar was appointed as Director on 11 Apr 2025. Shantilal Suresh Kumar Jain ceased to be Director on 07 Apr 2025. Mahaveerchand Manakchand Jain ceased to be Director on 19 Jul 2020. Shanti Forex has 7 board changes on record in total.
Shanti Forex can be reached through the website shantiforex.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Shanti Forex is at S9 & S10 2 – 2 – 11081 & 1A Beside Tilak Nagar Hospital Tilak Nagar New Nallakunta, Hyderabad, Telangana, India – 500044.
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