MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-10-0030040
Shiv Sai Forex Private Limited
Shiv Sai Forex Private Limited - financial services in Karnal, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.07 Cr
▼ 75% YoY
Net profit · FY 2021
₹16,482
Net margin 0.2%
EBITDA · FY 2021
₹36,893
EBITDA margin 0.3%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹26 Lakh
Issued & subscribed
Open charges
₹48 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Shiv Sai Forex Private Limited
Data last updated:
Shiv Sai Forex Private Limited is a private limited company based in Karnal, Haryana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 23 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65990HR2015PTC057352. Its GSTIN is 06AAWCS4297E1ZR (Haryana).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Anil Kumar Madaan (Managing Director) and Sunita Madaan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at SCO No. 44 Mugal Canal, Karnal, Haryana, India – 132001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.07 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹16,482 (net margin 0.2%) and EBITDA of ₹36,893 (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
As per MCA filings, the company has open charges of ₹48 Lakh on record.
Shiv Sai Forex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-10-0030040). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65990HR2015PTC057352
Registration Number 057352
Incorporation Date 23 November 2015
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-10-0030040
Recognitions & Rankings of Shiv Sai Forex
Contact details
Shiv Sai Forex Private Limited's registered office is in Karnal, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO No. 44 Mugal Canal, Karnal, Haryana, India – 132001
- IndustryFinancial Services, Forex Services
To see the full contact details of Shiv Sai Forex Private Limited, buy the company report.
Comprehensive company report
Shiv Sai 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Shiv Sai 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 Shiv Sai Forex Private Limited, buy the company report.
Financials of Shiv Sai Forex Private Limited
FY 2022 filings availableShiv Sai Forex Private Limited reported revenue of ₹1.07 Cr (down 75% YoY) for FY 2021.
Revenue · FY 2021
₹1.07 Cr ▼ 75%
Net profit · FY 2021
₹16,482 margin 0.2%
EBITDA · FY 2021
₹36,893 margin 0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 7%
5 years · compounded
▲ 56%
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 75% fall in the latest year. EBITDA rose 6% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36,893 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16,482 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Shiv Sai Forex Private Limited, buy the company report.
Board of directors of Shiv Sai Forex Private Limited
Shiv Sai Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Madaan | Managing Director | 23 Nov 2015 | 10 Years 11 Months | Current |
| Sunita Madaan | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Shiv Sai 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 |
|---|---|---|---|---|---|---|
| Amazon Investments Private Limited | ₹1.17 Cr (FY 2017) | -22.0% | Ahmedabad, Gujarat, India | |||
| Bajaj Forex Private Limited | ₹1.13 Cr (FY 2025) | -59.0% | New Delhi, Delhi, India | |||
| Shiv Sai Forex Private Limitedthis company | ₹1.07 Cr (FY 2021) | ₹16,482 | 0.2% | -75.0% | Karnal, Haryana, India | |
| Khinvasara Forex Private Limited | ₹1.06 Cr (FY 2023) | 724.0% | Pune, Maharashtra, India | |||
| Jayam Forex Private Limited | ₹1.04 Cr (FY 2025) | 149.0% | Chennai, Tamil Nadu, India | |||
| SRN Forex and Travels Private Limited | ₹1.03 Cr (FY 2020) | 101666.0% | Kolkata, West Bengal, India | |||
| Nodi Forex Limited | ₹1.03 Cr (FY 2024) | 1088.0% | Nadia, West Bengal, India |
To see the full peer comparison of Shiv Sai Forex Private Limited, buy the company report.
Auditor
Shiv Sai Forex Private Limited is audited by MAYANK JINDAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYANK JINDAL & CO | FY 2021 | 028820N |
Shareholding
The shareholding of Shiv Sai Forex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shiv Sai Forex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹48 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2022 | 100641314 | Others | ₹48 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shiv Sai 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 Shiv Sai Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shiv Sai Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAWCS4297E1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shiv Sai Forex Private Limited, buy the company report.
Recent activity
Shiv Sai Forex Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Sunita Madaan ceased to be Additional Director on 30 Dec 2016.
Charges
A charge with Others amounted to Rs. 48.00 Lakh with Charge ID 100641314 was registered on 26 Oct 2022.
AGM
Shiv Sai Forex Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Shiv Sai Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Haryana.
Ceased
Sunita Madaan ceased to be Additional Director.
Ceased
Puneet Shah ceased to be Director.
Appointed
Sunita Madaan was appointed as Director.
Appointed
Anil Kumar Madaan was appointed as Managing Director.
Incorporation
23 Nov 2015
Shiv Sai Forex Private Limited was registered on 23 Nov 2015 with Roc Haryana & aged 10 years 11 months as per MCA records.
Frequently asked questions
Shiv Sai Forex is an active private limited company based in Karnal, Haryana, India. The company works in forex services, within the financial services industry. It was incorporated on 23 November 2015 (11+ years old) and is registered under CIN U65990HR2015PTC057352.
Shiv Sai Forex has 2 current directors:
- Anil Kumar Madaan - Managing Director
- Sunita Madaan - Director
The latest financial statements of Shiv Sai Forex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Shiv Sai Forex is 06AAWCS4297E1ZR, registered in Haryana.
The CIN (Corporate Identification Number) of Shiv Sai Forex is U65990HR2015PTC057352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shiv Sai Forex was incorporated on 23 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Shiv Sai Forex by revenue are Amazon Investments Private Limited, Bajaj Forex Private Limited, Khinvasara Forex Private Limited, Jayam Forex Private Limited, SRN Forex and Travels Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Sunita Madaan ceased to be Additional Director on 30 Dec 2016. Puneet Shah ceased to be Director on 05 Jan 2016. Sunita Madaan was appointed as Director on 05 Jan 2016. Shiv Sai Forex has 4 board changes on record in total.
Yes, Shiv Sai Forex is registered as a small enterprise under Udyam registration (number: UDYAM-HR-10-0030040).
The registered office of Shiv Sai Forex is at SCO No. 44 Mugal Canal, Karnal, Haryana, India – 132001.
Shiv Sai Forex operates in the financial services industry, in the forex services segment.