About Spectra Forex Private Limited
Data last updated:
Spectra Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2013PTC249922. Its GSTIN is 27AADCH2862F1ZO (Maharashtra).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It was formerly known as Spectra Forex Servicies Private Limited and House of Knowledge Private Limited. It is led by directors Sanjeevkumar Davinderkumar Jain and Meet Narendra Bhanushali.
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 – 3 Anubhav Apartment Zaver Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.87 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.6 Lakh (net margin 0.2%) and EBITDA of ₹4.1 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 4% over five years.
The company is associated with 1 brand: Spectra Forex.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectraforex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 3 Anubhav Apartment Zaver Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Forex Services
- 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
- One PDF report, delivered after checkout
Business Activity of Spectra Forex Private Limited
The main business activity of Spectra Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spectra Forex Private Limited FY 2025 filings available
Spectra Forex Private Limited reported revenue of ₹15.87 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spectra Forex Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 54% 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 of Spectra Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.6 Lakh | •••• | •••• | •••• | •••• |
| 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 of Spectra Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spectra Forex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Spectra Forex Private Limited
Spectra Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avisheth Forex Private Limited | ₹15.99 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| RKK Forex and Services Private Limited | ₹15.98 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| PLB Travel and Forex Private Limited | ₹15.97 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Jaipur, Rajasthan, India |
| Puspa Leisure Private Limited | ₹15.94 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Kolkata, West Bengal, India |
| Kashi Forex & Financial Services Private Limited | ₹15.89 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Varanasi, Uttar Pradesh, India |
| Spectra Forex Private Limited this company | ₹15.87 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Ran Forex and Travels Private Limited | ₹15.81 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Debnath Forex & Travels Private Limited | ₹15.81 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Kolkata, West Bengal, India |
| Grey Heads Forex Private Limited | ₹15.69 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
| Vajra Forex Private Limited | ₹15.57 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Jeedimetla Ranga Reddy, Telangana, India |
| Three Sons Forex India Private Limited | ₹15.5 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Spectra Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spectra Forex Private Limited
Spectra Forex Private Limited is audited by S A K G & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S A K G & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spectra Forex Private Limited
Spectra Forex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeevkumar Davinderkumar Jain | Director | 25 May 2021 | 5 Years 4 Months | Current |
| Meet Narendra Bhanushali | Director | 27 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Spectra Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spectra Forex Private Limited
Spectra Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Spectra Forex Private Limited
Spectra Forex operates one associated brand: Spectra Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign exchange services, including currency notes, prepaid cards, and money transfers in India. | spectraforex.com |
Employees and EPFO Compliance at Spectra Forex Private Limited
Employment history and EPFO contributions of people linked to Spectra Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Spectra Forex Private Limited
Spectra Forex has undergone 4 name changes throughout its history. The current legal name is Spectra Forex Private Limited.
| Company Name | Status |
|---|---|
| Spectra Forex Private Limited | Current |
| Spectra Forex Servicies Private Limited | Previous |
| House Of Knowledge Private Limited | Previous |
| Stellar Forex Private Limited | Previous |
CIN History of Spectra Forex Private Limited
Spectra Forex has one previous CIN (Corporate Identification Number): U74120MH2013PTC249922. The current CIN is U67100MH2013PTC249922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2013PTC249922 | Current |
| U74120MH2013PTC249922 | Previous |
Recent Activity on Spectra Forex Private Limited
Spectra Forex Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Sanjeevkumar Davinderkumar Jain ceased to be Additional Director on 29 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Spectra Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spectra Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spectra Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spectra Forex Private Limited
Spectra Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH2862F1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spectra Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spectra Forex Private Limited
Spectra Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 08 November 2013 (13+ years old) and is registered under CIN U67100MH2013PTC249922.
Spectra Forex reported revenue of ₹15.87 Cr for FY 2025 (down 30% YoY).
Spectra Forex has 2 current directors:
- Sanjeevkumar Davinderkumar Jain - Director
- Meet Narendra Bhanushali - Director
Spectra Forex reported a net profit of ₹2.6 Lakh (net margin 0.2%) and EBITDA of ₹4.1 Lakh (EBITDA margin 0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spectra Forex is 77% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spectra Forex is 27AADCH2862F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spectra Forex is U67100MH2013PTC249922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectra Forex was incorporated on 08 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spectra Forex by revenue are Avisheth Forex Private Limited, RKK Forex and Services Private Limited, PLB Travel and Forex Private Limited, Puspa Leisure Private Limited, Kashi Forex & Financial Services Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Sanjeevkumar Davinderkumar Jain ceased to be Additional Director on 29 Sep 2022. Aman Sanjeev Jain ceased to be Director on 25 May 2021. Sanjeevkumar Davinderkumar Jain was appointed as Director on 25 May 2021. Spectra Forex has 7 board changes on record in total.
Spectra Forex can be reached through the website spectraforex.com. Its registered office is in Mumbai, Maharashtra, India.