Shrimad Forex Private Limited

Shrimad Forex Private Limited - business services in Naroda, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2017PTC098116 Incorporated 03 July 2017 ROC Ahmedabad HQ Naroda, Gujarat, India
Active Private Limited Company business services MSME · Micro
Revenue · FY 2023
₹5.33 Lakh
▼ 6% YoY
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting

About Shrimad Forex Private Limited

Data last updated:

Shrimad Forex Private Limited is a private limited company based in Naroda, Gujarat, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 03 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC098116. Its GSTIN is 24AAYCS8884M1Z1 (Gujarat).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Jitendra Rathod and Krunal Hashmukhbhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B/24 Galaxy Avenue Nr Galaxy Cinema, Naroda, Gujarat, India – 382330.

As per the financials filed for FY 2023, the company reported a revenue of ₹5.33 Lakh, a decline of 6% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 36% over five years.

Shrimad Forex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0142507). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999GJ2017PTC098116
Registration Number 098116
Incorporation Date 03 July 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0142507

Recognitions & Rankings of Shrimad Forex

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0142507

Contact details

Shrimad Forex Private Limited's registered office is in Naroda, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    B/24 Galaxy Avenue Nr Galaxy Cinema, Naroda, Gujarat, India – 382330
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Shrimad Forex Private Limited, buy the company report.

Comprehensive company report
Shrimad 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 Shrimad Forex is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Shrimad Forex Private Limited, buy the company report.

Financials of Shrimad Forex Private Limited

FY 2023 filings available

Shrimad Forex Private Limited reported revenue of ₹5.33 Lakh (down 6% YoY) for FY 2023.

Revenue · FY 2023
₹5.33 Lakh ▼ 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 59%
5 years · compounded
▲ 36%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Shrimad Forex Private Limited, buy the company report.

Board of directors of Shrimad Forex Private Limited

Shrimad Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jitendra RathodDirector10 Nov 20215 Years 0 MonthsCurrent
Krunal Hashmukhbhai PatelDirector03 Jul 20179 Years 4 MonthsCurrent

Peer comparison

Shrimad Forex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Niwghekar Girganga Agro Producer Company Limited₹5.33 Lakh (FY 2025)2.0%Nanded, Maharashtra, India
Naviarthkaranti Farmer Producer Company Limited₹5.33 Lakh (FY 2025)2.0%Nanded, Maharashtra, India
I Pharma Private Limited₹5.33 Lakh (FY 2016)-26.0%Bangalore, Karnataka, India
Sanyoget Impex Private Limited₹5.33 Lakh (FY 2024)Delhi, India
Shree Shyam Fine Fab Private Limited₹5.33 Lakh (FY 2021)-96.0%Surat, Gujarat, India
Shrimad Forex Private Limitedthis company₹5.33 Lakh (FY 2023)-6.0%Naroda, Gujarat, India
Shejals Farmer Producer Company Limited₹5.33 Lakh (FY 2025)5.0%Nanded, Maharashtra, India
Novosol Pharmaceuticals Private Limited₹5.33 Lakh (FY 2016)-58.0%Gorakhpur, Uttar Pradesh, India
Gaikwad and Patil Biofuels Private Limited₹5.33 Lakh (FY 2024)Jalna, Maharashtra, India
Ilak Fabrics Private Limited₹5.32 Lakh (FY 2024)-94.0%Delhi, India
Aayus & Meet Traders Private Limited₹5.32 Lakh (FY 2023)-34.0%Haryana, India

To see the full peer comparison of Shrimad Forex Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shrimad Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Shrimad Forex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAYCS8884M1Z1GujaratActive09 Apr 2018

To see the full GST registrations and return filing status of Shrimad Forex Private Limited, buy the company report.

Recent activity

Shrimad Forex Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Ankur Hasmukhbhai Patel ceased to be Director on 14 Dec 2021.

AGM
Shrimad Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Shrimad Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Ankur Hasmukhbhai Patel ceased to be Director.
Ceased
Manishkumar Hasmukhbhai Patel ceased to be Director.
Ceased
Sahil Indravadanbhai Patel ceased to be Director.
Appointed
Jitendra Rathod was appointed as Director.
Appointed
Krunal Hashmukhbhai Patel was appointed as Director.
Incorporation
03 Jul 2017
Shrimad Forex Private Limited was registered on 03 Jul 2017 with Roc Ahmedabad & aged 9 years 4 months as per MCA records.

Frequently asked questions

Shrimad Forex is an active private limited company based in Naroda, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 03 July 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC098116.

Shrimad Forex has 2 current directors:

The latest financial statements of Shrimad Forex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Shrimad Forex is 24AAYCS8884M1Z1, registered in Gujarat.

The CIN (Corporate Identification Number) of Shrimad Forex is U74999GJ2017PTC098116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shrimad Forex was incorporated on 03 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Shrimad Forex by revenue are Niwghekar Girganga Agro Producer Company Limited, Naviarthkaranti Farmer Producer Company Limited, I Pharma Private Limited, Sanyoget Impex Private Limited, Shree Shyam Fine Fab Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Ankur Hasmukhbhai Patel ceased to be Director on 14 Dec 2021. Manishkumar Hasmukhbhai Patel ceased to be Director on 14 Dec 2021. Sahil Indravadanbhai Patel ceased to be Director on 14 Dec 2021. Shrimad Forex has 5 board changes on record in total.

Yes, Shrimad Forex is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0142507).

The registered office of Shrimad Forex is at B24 Galaxy Avenue Nr Galaxy Cinema, Naroda, Gujarat, India – 382330.

Shrimad Forex operates in the business services industry, in the other services segment.