Sonali Money Exchanger Limited
About Sonali Money Exchanger Limited
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Sonali Money Exchanger Limited is a public limited company based in Nadia, West Bengal, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74992WB2012PLC173340. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Tapas Tarafder (Managing Director) and Krishna Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Uttar Para (Mauja – Gede J.L. No. – 51) Matiyari Banpur Krishnaganj, Nadia, West Bengal, India – 741503.
As per the financials filed for FY 2023, the company reported a revenue of ₹29.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,673 (net margin 0.7%) and EBITDA of ₹29,288 (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 34% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sonali Money Exchanger Limited's registered office is in Nadia, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUttar Para (Mauja – Gede J.L. No. – 51) Matiyari Banpur Krishnaganj, Nadia, West Bengal, India – 741503
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Sonali Money Exchanger 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 Sonali Money Exchanger 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 Sonali Money Exchanger Limited, buy the company report.
Financials of Sonali Money Exchanger Limited
FY 2024 filings availableSonali Money Exchanger Limited reported revenue of ₹29.19 Lakh (up 189% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 189% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 34%. EBITDA rose 191% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹29,288 | ||||
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| Net Profit (PAT) | ₹21,673 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sonali Money Exchanger Limited, buy the company report.
Board of directors of Sonali Money Exchanger Limited
Sonali Money Exchanger has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tapas Tarafder | Managing Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Krishna Ghosh | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Susmita Ghosh | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Tutul Pramanick | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Pranab Mondal | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Shyamali Nath | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
Peer comparison
Sonali Money Exchanger Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Zeya Trading Private Limited | ₹29.22 Lakh (FY 2024) | -29.0% | Kolkata, West Bengal, India | |||
| Wise and Safe Holdings Private Limited | ₹29.22 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Madhuson Finance Private Limited | ₹29.21 Lakh (FY 2025) | -28.0% | Ahmednagar, Maharashtra, India | |||
| Virandaban Tie-Up Private Limited | ₹29.21 Lakh (FY 2025) | -22.0% | D B Nagr, West Bengal, India | |||
| Shahapur Janata Urban Nidhi Limited | ₹29.21 Lakh (FY 2023) | 166.0% | Shahapur, Ichalkaranji, Maharashtra, India | |||
| Sonali Money Exchanger Limitedthis company | ₹29.19 Lakh (FY 2023) | ₹21,673 | 0.7% | 189.0% | Nadia, West Bengal, India | |
| Ibazaar Initiatives Private Limited | ₹29.19 Lakh (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Arc Finle Services Private Limited | ₹29.18 Lakh (FY 2024) | -84.0% | Delhi, India | |||
| Daksh Lefins Limited | ₹29.17 Lakh (FY 2025) | 2.0% | Delhi, India | |||
| Shrikripa Fin-Lease and Marketing Private Limited | ₹29.16 Lakh (FY 2025) | -7.0% | Delhi, India | |||
| Ram-Raksha Marketing Private Limited | ₹29.13 Lakh (FY 2017) | -6.0% | Amravati, Maharashtra, India |
To see the full peer comparison of Sonali Money Exchanger Limited, buy the company report.
Shareholding
The shareholding of Sonali Money Exchanger Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sonali Money Exchanger Limited, buy the company report.
Legal cases
Sonali Money Exchanger Limited has 2 court cases on record: 2 filed by Sonali Money Exchanger. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against The Senior Div. Commercial Manager, Er Railway,Sealdah&Anr | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Union of India & Ors | Disposed |
To see the full case history of Sonali Money Exchanger Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sonali Money Exchanger Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sonali Money Exchanger has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sonali Money Exchanger Limited, buy the company report.
Recent activity
Sonali Money Exchanger Limited has 11 board changes on record since 2012: 8 appointments and 3 cessations. The latest: Abhijit Biswas ceased to be Director on 01 Jan 2022.
2 earlier events are in the company report.
Frequently asked questions
Sonali Money Exchanger is an active public limited company based in Nadia, West Bengal, India. The company works in advisory, within the financial services industry. It was incorporated on 01 February 2012 (14+ years old) and is registered under CIN U74992WB2012PLC173340.
Sonali Money Exchanger has 8 current directors:
- Tapas Tarafder - Managing Director
- Krishna Ghosh - Director
- Susmita Ghosh - Director
- Tutul Pramanick - Director
- Pranab Mondal - Director
- Shyamali Nath - Director
- Sanjoy Biswas - Director
- Aloka Ghosh - Director
The latest financial statements of Sonali Money Exchanger on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Sonali Money Exchanger has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sonali Money Exchanger is U74992WB2012PLC173340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonali Money Exchanger has 2 court cases on record: 2 filed by the company.
Sonali Money Exchanger was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sonali Money Exchanger by revenue are Zeya Trading Private Limited, Wise and Safe Holdings Private Limited, Madhuson Finance Private Limited, Virandaban Tie-Up Private Limited, Shahapur Janata Urban Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Abhijit Biswas ceased to be Director on 01 Jan 2022. Madhusudan Biswas ceased to be Director on 01 Jan 2022. Bijoy Halder ceased to be Additional Director on 04 Dec 2021. Sonali Money Exchanger has 11 board changes on record in total.
The registered office of Sonali Money Exchanger is at Uttar Para Mauja – Gede J.L. No. – 51 Matiyari Banpur Krishnaganj, Nadia, West Bengal, India – 741503.
Sonali Money Exchanger operates in the financial services industry, in the advisory segment.
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