Singla Forex Payment Services Private Limited
About Singla Forex Payment Services Private Limited
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Singla Forex Payment Services Private Limited is a private limited company based in Sunam, Punjab, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65999PB2021PTC053079.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Vishal Kumar (Managing Director) and Harmesh Kumar.
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 C/O Jagdish Rai Siva Agro Che Raliway Road, Sunam, Punjab, India – 148028.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.87 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹53,288 (net margin 0.1%) and EBITDA of ₹61,795 (EBITDA margin 0.2%).
Company details
Contact details
Singla Forex Payment Services Private Limited's registered office is in Sunam, Punjab.
- Registered AddressC/O Jagdish Rai Siva Agro Che Raliway Road, Sunam, Punjab, India – 148028
- IndustryFinancial Services, Other Financial Intermediation
- 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 Singla Forex Payment 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 Singla Forex Payment Services Private Limited, buy the company report.
Financials of Singla Forex Payment Services Private Limited
FY 2025 filings availableSingla Forex Payment Services Private Limited reported revenue of ₹3.87 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. EBITDA fell 52% 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 | ₹61,795 | ||||
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| Net Profit (PAT) | ₹53,288 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Singla Forex Payment Services Private Limited, buy the company report.
Board of directors of Singla Forex Payment Services Private Limited
Singla Forex Payment Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harmesh Kumar | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Vishal Kumar | Managing Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Balwinder Kumar | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Singla Forex Payment Services 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 |
|---|---|---|---|---|---|---|
| Frontline Forex Private Limited | ₹3.97 Cr (FY 2024) | 6.0% | Delhi, India | |||
| My Forex Services Private Limited | ₹3.92 Cr (FY 2018) | 66.0% | Chennai, Tamil Nadu, India | |||
| Singla Forex Payment Services Private Limitedthis company | ₹3.87 Cr (FY 2025) | ₹53,288 | 0.1% | -40.0% | Sunam, Punjab, India | |
| Kundra Forex Private Limited | ₹3.87 Cr (FY 2025) | -46.0% | Punjab, India | |||
| Tunes Foreign Currency Dealers Private Limited | ₹3.86 Cr (FY 2024) | 678.0% | Ernad, Kerala, India | |||
| Hamdaan Travels Private Limited | ₹3.79 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Netfx Forex Private Limited | ₹3.77 Cr (FY 2025) | -52.0% | Mandya, Karnataka, India | |||
| Cloudsway Forex Private Limited | ₹3.74 Cr (FY 2025) | -27.0% | Bathinda, Punjab, India |
To see the full peer comparison of Singla Forex Payment Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Singla Forex Payment 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 Singla Forex Payment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Singla Forex Payment Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Singla Forex Payment Services Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Balwinder Kumar was appointed as Director on 24 Mar 2021.
Frequently asked questions
Singla Forex Payment Services is an active private limited company based in Sunam, Punjab, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 March 2021 (5+ years old) and is registered under CIN U65999PB2021PTC053079.
Singla Forex Payment Services has 3 current directors:
- Vishal Kumar - Managing Director
- Harmesh Kumar - Director
- Balwinder Kumar - Director
The latest financial statements of Singla Forex Payment Services 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Singla Forex Payment Services is U65999PB2021PTC053079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Singla Forex Payment Services was incorporated on 24 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Singla Forex Payment Services by revenue are Frontline Forex Private Limited, My Forex Services Private Limited, Kundra Forex Private Limited, Tunes Foreign Currency Dealers Private Limited, Hamdaan Travels Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Balwinder Kumar was appointed as Director on 24 Mar 2021. Harmesh Kumar was appointed as Director on 24 Mar 2021. Vishal Kumar was appointed as Managing Director on 24 Mar 2021.
The registered office of Singla Forex Payment Services is at CO Jagdish Rai Siva Agro Che Raliway Road, Sunam, Punjab, India – 148028.
Singla Forex Payment Services operates in the financial services industry, in the other financial intermediation segment.
Singla Forex Payment Services can be reached at its registered office: CO Jagdish Rai Siva Agro Che Raliway Road, Sunam, Punjab, India – 148028.
Singla Forex Payment Services is registered under the jurisdiction of the Registrar of Companies (ROC), Chandigarh.
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