Stayon Forex Private Limited
About Stayon Forex Private Limited
Data last updated:
Stayon Forex Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 04 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2009PTC058769. Its GSTIN is 24AANCS6405M1ZZ (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.5 Lakh. It is led by directors Mustak Daud Patel (Managing Director) and Khojabariya Imran Iqbal Daud.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1 Mariyam Complex Navi Shakmarket, Bharuch, Gujarat, India – 392001.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹44,812 (net margin 0.1%) and EBITDA of ₹52,660 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Stayon Forex Private Limited's registered office is in Bharuch, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address1 Mariyam Complex Navi Shakmarket, Bharuch, Gujarat, India – 392001
- IndustryFinancial Services, Forex Services
To see the full contact details of Stayon 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 Stayon Forex is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Stayon Forex Private Limited, buy the company report.
Financials of Stayon Forex Private Limited
FY 2021 filings availableStayon Forex Private Limited reported revenue of ₹3.21 Cr (up 163% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 163% growth in the latest year. EBITDA rose 122% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹52,660 | ||||
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| Net Profit (PAT) | ₹44,812 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Stayon Forex Private Limited, buy the company report.
Board of directors of Stayon Forex Private Limited
Stayon 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 |
|---|---|---|---|---|
| Khojabariya Imran Iqbal Daud | Director | 09 Jun 2021 | 5 Years 4 Months | Current |
| Mustak Daud Patel | Managing Director | 09 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Stayon Forex Private Limited is audited by MINU MODI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MINU MODI & CO | FY 2017 | 119948W |
Shareholding
The shareholding of Stayon Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Stayon Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Stayon 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 Stayon Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stayon Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS6405M1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stayon Forex Private Limited, buy the company report.
Recent activity
Stayon Forex Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Imran Ismail Mohammad Patel ceased to be Director on 23 Jun 2021.
Frequently asked questions
Stayon Forex is an active private limited company based in Bharuch, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 04 December 2009 (17+ years old) and is registered under CIN U74140GJ2009PTC058769.
Stayon Forex has 2 current directors:
- Mustak Daud Patel - Managing Director
- Khojabariya Imran Iqbal Daud - Director
The latest financial statements of Stayon Forex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Stayon Forex is 24AANCS6405M1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Stayon Forex is U74140GJ2009PTC058769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stayon Forex was incorporated on 04 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Imran Ismail Mohammad Patel ceased to be Director on 23 Jun 2021. Inayatullah Ahemad Munshi ceased to be Director on 23 Jun 2021. Khojabariya Imran Iqbal Daud was appointed as Director on 09 Jun 2021. Stayon Forex has 8 board changes on record in total.
The registered office of Stayon Forex is at 1 Mariyam Complex Navi Shakmarket, Bharuch, Gujarat, India – 392001.
Stayon Forex operates in the financial services industry, in the forex services segment.
The compliance status of Stayon Forex is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
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