Spna Forex Solutions Private Limited
About Spna Forex Solutions Private Limited
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Spna Forex Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 28 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67200TN2018PTC123442. Its GSTIN is 33ABACS5181J1ZA (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Krishnan Raghu and Koravi Rajagopal Srinivasan.
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 602/442 Shop No. 22 Ground Floor Parsn Manere Anna Salai, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.4 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹1,649 (net margin 0%) and EBITDA of ₹71,277 (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spna Forex Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address602/442 Shop No. 22 Ground Floor Parsn Manere Anna Salai, Chennai, Tamil Nadu, India – 600006
- IndustryFinancial Services, Forex Services
To see the full contact details of Spna Forex Solutions 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 Spna Forex Solutions 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 Spna Forex Solutions Private Limited, buy the company report.
Financials of Spna Forex Solutions Private Limited
FY 2025 filings availableSpna Forex Solutions Private Limited reported revenue of ₹68.4 Lakh (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 297% 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 | ₹71,277 | ||||
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| Net Profit (PAT) | -₹1,649 | ||||
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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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| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Spna Forex Solutions Private Limited, buy the company report.
Board of directors of Spna Forex Solutions Private Limited
Spna Forex Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Raghu | Director | 28 Jun 2018 | 8 Years 3 Months | Current |
| Koravi Rajagopal Srinivasan | Director | 28 Jun 2018 | 8 Years 3 Months | Current |
Peer comparison
Spna Forex Solutions Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| VJP Fin Services Private Limited | ₹68.6 Lakh (FY 2025) | 78.0% | Ludhiana, Punjab, India | |||
| Sodhani Forex Private Limited | ₹68.57 Lakh (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| RSBP Forex and Tours Private Limited | ₹68.55 Lakh (FY 2025) | 73.0% | Siliguri, West Bengal, India | |||
| Spna Forex Solutions Private Limitedthis company | ₹68.4 Lakh (FY 2025) | -₹1,649 | 0% | -9.0% | Chennai, Tamil Nadu, India | |
| Kuntilaa Forex Private Limited | ₹68.26 Lakh (FY 2022) | -52.0% | Mumbai, Maharashtra, India | |||
| Mannu Forex Private Limited | ₹67.75 Lakh (FY 2024) | -7.0% | Delhi, India | |||
| Amaron Forex Private Limited | ₹66.54 Lakh (FY 2025) | -99.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Spna Forex Solutions Private Limited, buy the company report.
Auditor
Spna Forex Solutions Private Limited is audited by B ANAND & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B ANAND & ASSOCIATES | FY 2020 | 005590S |
Shareholding
The shareholding of Spna Forex Solutions 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 Spna Forex Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spna Forex Solutions 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 Spna Forex Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spna Forex Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABACS5181J1ZA | Tamil Nadu | Active | 06 May 2019 |
To see the full GST registrations and return filing status of Spna Forex Solutions Private Limited, buy the company report.
Recent activity
Spna Forex Solutions Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Abirama Shanmugam Panchanathan ceased to be Director on 27 May 2022.
Frequently asked questions
Spna Forex Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 28 June 2018 (8+ years old) and is registered under CIN U67200TN2018PTC123442.
Spna Forex Solutions has 2 current directors:
- Krishnan Raghu - Director
- Koravi Rajagopal Srinivasan - Director
The latest financial statements of Spna Forex Solutions 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 2019 are in the company report.
The GSTIN of Spna Forex Solutions is 33ABACS5181J1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Spna Forex Solutions is U67200TN2018PTC123442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spna Forex Solutions was incorporated on 28 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Spna Forex Solutions by revenue are VJP Fin Services Private Limited, Sodhani Forex Private Limited, RSBP Forex and Tours Private Limited, Kuntilaa Forex Private Limited, Mannu Forex Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Abirama Shanmugam Panchanathan ceased to be Director on 27 May 2022. Koravi Rajagopal Srinivasan was appointed as Director on 28 Jun 2018. Krishnan Raghu was appointed as Director on 28 Jun 2018.
The registered office of Spna Forex Solutions is at 602442 Shop No. 22 Ground Floor Parsn Manere Anna Salai, Chennai, Tamil Nadu, India – 600006.
Spna Forex Solutions operates in the financial services industry, in the forex services segment.
The compliance status of Spna Forex Solutions is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.