Shillong Forex Services Private Limited
About Shillong Forex Services Private Limited
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Shillong Forex Services Private Limited is a private limited company based in Shillong, Meghalaya, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 14 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U65990ML2018PTC013664. Its GSTIN is 17ABACS4569E1Z9 (Meghalaya).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Rishi Jatiani and Bhagyashree Jatiani.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18 Bivar Road Lochlee Cottage, Shillong, Meghalaya, India – 793001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.93 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹60,720 (net margin -0.3%) and EBITDA of -₹52,902 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 8% over five years.
Company details
Contact details
Shillong Forex Services Private Limited's registered office is in Shillong, Meghalaya. Its e-mail address is in the company report.
- Email
- Registered Address18 Bivar Road Lochlee Cottage, Shillong, Meghalaya, India – 793001
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Shillong Forex Services 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 Shillong Forex Services 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 Shillong Forex Services Private Limited, buy the company report.
Financials of Shillong Forex Services Private Limited
FY 2025 filings availableShillong Forex Services Private Limited reported revenue of ₹1.93 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 115% 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 | -₹52,902 | ||||
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| Net Profit (PAT) | -₹60,720 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Shillong Forex Services Private Limited, buy the company report.
Board of directors of Shillong Forex Services Private Limited
Shillong Forex Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Jatiani | Director | 14 Jun 2018 | 8 Years 4 Months | Current |
| Bhagyashree Jatiani | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Shillong Forex Services Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Forex 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 |
|---|---|---|---|---|---|---|
| Dhwani Forex Services Private Limited | ₹2.85 Cr (FY 2025) | -23.0% | Rajkot, Gujarat, India | |||
| Gomes Forex Services (India) Private Limited | ₹2.55 Cr (FY 2022) | -25.0% | Navi Mumbai, Maharashtra, India | |||
| Vyas Forex Services Private Limited | ₹2.11 Cr (FY 2025) | 22.0% | Raipur, Chhattisgarh, India | |||
| Sainath Forex Services Private Limited | ₹1.95 Cr (FY 2021) | -68.0% | Gandhinagar, Gujarat, India | |||
| Shillong Forex Services Private Limitedthis company | ₹1.93 Cr (FY 2025) | -₹60,720 | -0.3% | -40.0% | Shillong, Meghalaya, India | |
| Reeudo Forex Services Private Limited | ₹1.64 Cr (FY 2024) | 768.0% | Gurgaon, Haryana, India | |||
| Aybani Forex Services Private Limited | ₹1.56 Cr (FY 2020) | 8.0% | Jamnagar, Gujarat, India | |||
| Samyag Forex Services Private Limited | ₹1.2 Cr (FY 2024) | 108.0% | Mumbai, Maharashtra, India | |||
| Batala Forex Services Private Limited | ₹83.42 Lakh (FY 2019) | -37.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shillong Forex Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shillong Forex Services 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 Shillong Forex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shillong Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17ABACS4569E1Z9 | Meghalaya | Active | 19 Jul 2018 |
To see the full GST registrations and return filing status of Shillong Forex Services Private Limited, buy the company report.
Recent activity
Shillong Forex Services Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Bhagyashree Jatiani was appointed as Director on 10 Sep 2018.
Frequently asked questions
Shillong Forex Services is an active private limited company based in Shillong, Meghalaya, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 14 June 2018 (8+ years old) and is registered under CIN U65990ML2018PTC013664.
Shillong Forex Services has 2 current directors:
- Rishi Jatiani - Director
- Bhagyashree Jatiani - Director
The latest financial statements of Shillong Forex Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Shillong Forex Services is 17ABACS4569E1Z9, registered in Meghalaya.
The CIN (Corporate Identification Number) of Shillong Forex Services is U65990ML2018PTC013664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shillong Forex Services was incorporated on 14 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Shillong Forex Services by revenue are Dhwani Forex Services Private Limited, Gomes Forex Services (India) Private Limited, Vyas Forex Services Private Limited, Sainath Forex Services Private Limited, Reeudo Forex Services Private Limited and 3 more, all in the BFSI industry (Forex Services), with the same principal business activity (other financial activities).
Bhagyashree Jatiani was appointed as Director on 10 Sep 2018. Ganga Dhar Jatiani ceased to be Director on 10 Sep 2018. Rishi Jatiani was appointed as Director on 14 Jun 2018.
The registered office of Shillong Forex Services is at 18 Bivar Road Lochlee Cottage, Shillong, Meghalaya, India – 793001.
Shillong Forex Services operates in the financial services industry, in the other financial intermediation segment.
Shillong Forex Services can be reached at its registered office: 18 Bivar Road Lochlee Cottage, Shillong, Meghalaya, India – 793001.