Slak Forex Private Limited
About Slak Forex Private Limited
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Slak Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 06 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB2019PTC233319. Its GSTIN is 19ABCCS4613F1ZG (West Bengal).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Iqbal Ahmed Siddiqui and Asif Ali.
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 Shop No.130 1 Bhukailash Road (Kidderpore), Kolkata, West Bengal, India – 700023.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.23 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Lakh (net margin 0.1%) and EBITDA of ₹3.97 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
Company details
Contact details
Slak Forex Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.130 1 Bhukailash Road (Kidderpore), Kolkata, West Bengal, India – 700023
- IndustryFinancial Services, Forex Services
To see the full contact details of Slak Forex 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 Slak 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 Slak Forex Private Limited, buy the company report.
Financials of Slak Forex Private Limited
FY 2025 filings availableSlak Forex Private Limited reported revenue of ₹40.23 Cr (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA rose 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.97 Lakh | ||||
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| Net Profit (PAT) | ₹2.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Slak Forex Private Limited, buy the company report.
Board of directors of Slak Forex Private Limited
Slak Forex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Iqbal Ahmed Siddiqui | Director | 16 Dec 2025 | 0 Years 10 Months | Current |
| Asif Ali | Director | 16 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Slak 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 |
|---|---|---|---|---|---|---|
| DKG Travels & Forex Private Limited | ₹40.79 Cr (FY 2024) | -49.0% | Kolkata, West Bengal, India | |||
| Ebix Money Express Private Limited | ₹40.79 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| BMS Forex Private Limited | ₹40.78 Cr (FY 2025) | -63.0% | Lucknow, Uttar Pradesh, India | |||
| Classic Forex and Consultancy Services Private Limited | ₹40.29 Cr (FY 2017) | -34.0% | Bangalore, Karnataka, India | |||
| Slak Forex Private Limitedthis company | ₹40.23 Cr (FY 2024) | ₹2.93 Lakh | 0.1% | -50.0% | Kolkata, West Bengal, India | |
| Raja Moneyexchangers & Holidays Private Limited | ₹39.9 Cr (FY 2025) | -36.0% | Nizamabad, Telangana, India | |||
| Mac Forex & Holidays Private Limited | ₹39.64 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Veena World Forex Private Limited | ₹39.59 Cr (FY 2024) | 144.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Slak Forex Private Limited, buy the company report.
Auditor
Slak Forex Private Limited is audited by SRIVASTAVA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIVASTAVA & ASSOCIATES | FY 2020 | 328467E |
Shareholding
The shareholding of Slak Forex Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Slak Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Slak 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 Slak Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Slak Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19ABCCS4613F1ZG | West Bengal | Active | 01 Oct 2019 |
To see the full GST registrations and return filing status of Slak Forex Private Limited, buy the company report.
Recent activity
Slak Forex Private Limited has 8 board changes on record since 2019: 4 appointments and 4 cessations. The latest: Shakti Kumar Gupta ceased to be Director on 18 Dec 2025.
Frequently asked questions
Slak Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 06 August 2019 (7+ years old) and is registered under CIN U65999WB2019PTC233319.
Slak Forex has 2 current directors:
- Iqbal Ahmed Siddiqui - Director
- Asif Ali - Director
The latest financial statements of Slak 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 2020 are in the company report.
The GSTIN of Slak Forex is 19ABCCS4613F1ZG, registered in West Bengal.
The CIN (Corporate Identification Number) of Slak Forex is U65999WB2019PTC233319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Slak Forex was incorporated on 06 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Slak Forex by revenue are DKG Travels & Forex Private Limited, Ebix Money Express Private Limited, BMS Forex Private Limited, Classic Forex and Consultancy Services Private Limited, Raja Moneyexchangers & Holidays Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Shakti Kumar Gupta ceased to be Director on 18 Dec 2025. Sundeep Agarwal ceased to be Director on 18 Dec 2025. Asif Ali was appointed as Director on 16 Dec 2025. Slak Forex has 8 board changes on record in total.
The registered office of Slak Forex is at Shop No.130 1 Bhukailash Road Kidderpore, Kolkata, West Bengal, India – 700023.
Slak Forex operates in the financial services industry, in the forex services segment.
Slak Forex can be reached at its registered office: Shop No.130 1 Bhukailash Road Kidderpore, Kolkata, West Bengal, India – 700023.
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