MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0193524
Shayona Forex Private Limited
Shayona Forex Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.55 Lakh
▼ 78% YoY
Net profit · FY 2025
₹1,132
Net margin 0%
EBITDA · FY 2025
₹5,286
EBITDA margin 0.2%
Authorised capital
₹27 Lakh
Registered with MCA
Paid-up capital
₹27 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Shayona Forex Private Limited
Data last updated:
Shayona Forex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67110GJ2017PTC097486. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Kanubhai Laxmandas Modi and Ravi Kanubhai Modi.
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 E – 2 Swar Sangam Co Op H Soc Ltd Prabhakar Appt Opp Gurukul Nr Bapukrupa Soc Memnagar, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.55 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹1,132 (net margin 0%) and EBITDA of ₹5,286 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 27% over five years.
Shayona Forex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0193524). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67110GJ2017PTC097486
Registration Number 097486
Incorporation Date 22 May 2017
ROC Ahmedabad
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 Micro
Udyam Registration UDYAM-GJ-01-0193524
Recognitions & Rankings of Shayona Forex
Contact details
Shayona Forex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 2 Swar Sangam Co Op H Soc Ltd Prabhakar Appt Opp Gurukul Nr Bapukrupa Soc Memnagar, Ahmedabad, Gujarat, India – 380052
- IndustryFinancial Services, Forex Services
To see the full contact details of Shayona Forex Private Limited, buy the company report.
Comprehensive company report
Shayona Forex Private 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
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Business activity
The main business activity of Shayona 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 Shayona Forex Private Limited, buy the company report.
Financials of Shayona Forex Private Limited
FY 2025 filings availableShayona Forex Private Limited reported revenue of ₹32.55 Lakh (down 78% YoY) for FY 2025.
Revenue · FY 2025
₹32.55 Lakh ▼ 78%
Net profit · FY 2025
₹1,132 margin 0%
EBITDA · FY 2025
₹5,286 margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▲ 31%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 49%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 78% fall in the latest year. EBITDA fell 90% 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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| Total Expenses | |||||
| EBITDA | ₹5,286 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,132 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 0.2% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shayona Forex Private Limited, buy the company report.
Board of directors of Shayona Forex Private Limited
Shayona Forex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanubhai Laxmandas Modi | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Ravi Kanubhai Modi | Director | 22 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Shayona Forex Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Kalakshetra Forex Private Limited | ₹34.8 Lakh (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Midas Touch Forex & Travels Private Limited | ₹33.2 Lakh (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Alhind Study Abroad Private Limited | ₹33.11 Lakh (FY 2025) | 63.0% | Kozhikode, Kerala, India | |||
| Shayona Forex Private Limitedthis company | ₹32.55 Lakh (FY 2025) | ₹1,132 | 0% | -78.0% | Ahmedabad, Gujarat, India | |
| A.K.S.S. Forex Private Limited | ₹32.27 Lakh (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| CSK Forex Private Limited | ₹30.88 Lakh (FY 2022) | -25.0% | Chennai, Tamil Nadu, India | |||
| Welcome Forex Private Limited | ₹30.8 Lakh (FY 2024) | -57.0% | Chennai, Tamil Nadu, India | |||
| Blue Sky Money Changer Private Limited | ₹30.43 Lakh (FY 2025) | 36.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Shayona Forex Private Limited, buy the company report.
Auditor
Shayona Forex Private Limited is audited by DEEPALI KANANI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPALI KANANI | FY 2023 | 196556 |
Shareholding
The shareholding of Shayona Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shayona Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shayona 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 Shayona Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shayona Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Shayona Forex Private Limited, buy the company report.
Recent activity
Shayona Forex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kanubhai Laxmandas Modi was appointed as Director on 22 May 2017.
AGM
Shayona Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shayona Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Kanubhai Laxmandas Modi was appointed as Director.
Appointed
Ravi Kanubhai Modi was appointed as Director.
Incorporation
22 May 2017
Shayona Forex Private Limited was registered on 22 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Shayona Forex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 22 May 2017 (9+ years old) and is registered under CIN U67110GJ2017PTC097486.
Shayona Forex has 2 current directors:
- Kanubhai Laxmandas Modi - Director
- Ravi Kanubhai Modi - Director
The latest financial statements of Shayona 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 FY 2018 are in the company report.
No. Shayona Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shayona Forex is U67110GJ2017PTC097486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shayona Forex was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shayona Forex by revenue are Kalakshetra Forex Private Limited, Midas Touch Forex & Travels Private Limited, Alhind Study Abroad Private Limited, A.K.S.S. Forex Private Limited, CSK Forex Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Kanubhai Laxmandas Modi was appointed as Director on 22 May 2017. Ravi Kanubhai Modi was appointed as Director on 22 May 2017.
Yes, Shayona Forex is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0193524).
The registered office of Shayona Forex is at E – 2 Swar Sangam Co Op H Soc Ltd Prabhakar Appt Opp Gurukul Nr Bapukrupa Soc Memnagar, Ahmedabad, Gujarat, India – 380052.
Shayona Forex operates in the financial services industry, in the forex services segment.
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