Suresh Forex Services Private Limited
About Suresh Forex Services Private Limited
Data last updated:
Suresh Forex Services Private Limited is a private limited company based in Kottayam, Kerala, India. It operates in the forex services segment of the financial services sector. It was incorporated on 16 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67190KL2007PTC020497. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Nirmala Devi Radhakrishnan Nair (Managing Director) and Manoj Kumar Kochupurackal Chandrasekharan Nair.
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 Near Grand College Thekkumgopuram, Kottayam, Kerala, India – 686001.
As per the financials filed for FY 2025, the company reported a revenue of ₹46,198, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹41,980 (net margin -90.9%) and EBITDA of -₹40,564 (EBITDA margin -87.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 184% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNear Grand College Thekkumgopuram, Kottayam, Kerala, India – 686001
- 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
Financials of Suresh Forex Services Private Limited
FY 2025 filings availableSuresh Forex Services Private Limited reported revenue of ₹46,198 (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 184%. EBITDA fell 989% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | -₹40,564 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹41,980 | |
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -87.8% | |
| Net Profit Margin | -90.9% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Suresh Forex Services 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
Board of Directors of Suresh Forex Services Private Limited
Suresh Forex Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Devi Radhakrishnan Nair | Managing Director | 16 Mar 2007 | 19 Years 7 Months | Current |
| Manoj Kumar Kochupurackal Chandrasekharan Nair | Director | 08 Jun 2019 | 7 Years 4 Months | Current |
Peer Comparison
Suresh Forex Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Forex Services, 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 |
|---|---|---|---|---|---|---|
| Millennium Bizcon & Tradex Private Limited | ₹57,800 (FY 2025) | •••• | •••• | -89.0% | •••• | Pune, Maharashtra, India |
| Electrum Financial Holdings Limited | ₹50,000 (FY 2024) | •••• | •••• | -52.0% | •••• | Bengaluru, Karnataka, India |
| Aadi Tattva Foundation | ₹50,000 (FY 2025) | •••• | •••• | 150.0% | •••• | New Delhi, Delhi, India |
| VLT Forex Private Limited | ₹49,362 (FY 2025) | •••• | •••• | 147.0% | •••• | Kolkata, West Bengal, India |
| Venus Currency and Forex Services Private Limited | ₹48,763 (FY 2025) | •••• | •••• | -64.0% | •••• | Sirhind, Punjab, India |
| Suresh Forex Services Private Limited this company | ₹46,198 (FY 2025) | •••• | •••• | -42.0% | •••• | Kottayam, Kerala, India |
| Aarohi Forex Private Limited | ₹45,350 (FY 2025) | •••• | •••• | •••• | Sanand, Gujarat, India | |
| Gaazaali Forex Private Limited | ₹42,512 (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Anamika Forex Private Limited | ₹40,459 (FY 2021) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Pushpak Forex Private Limited | ₹39,200 (FY 2025) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| Vijay Forex and Cargo Services Pvt.Ltd. | ₹36,760 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Suresh Forex Services by revenue, above and below it, in the BFSI industry (Forex Services, 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
Suresh Forex Services Private Limited is audited by R B PAI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R B PAI & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Suresh Forex Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Suresh Forex Services Private Limited has 1 court case on record: 1 filed by Suresh Forex Services. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against individuals | Pending |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Suresh Forex Services.
: available in the company report
Recent Activity
Suresh Forex Services Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Manoj Kumar Kochupurackal Chandrasekharan Nair was appointed as Director on 08 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Suresh Forex Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Suresh Forex Services is an active private limited company based in Kottayam, Kerala, India. The company works in forex services, within the financial services industry. It was incorporated on 16 March 2007 (19+ years old) and is registered under CIN U67190KL2007PTC020497.
Suresh Forex Services has 2 current directors:
- Nirmala Devi Radhakrishnan Nair - Managing Director
- Manoj Kumar Kochupurackal Chandrasekharan Nair - Director
The latest financial statements of Suresh Forex Services 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 2015 are in the company report.
No. Suresh Forex Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Suresh Forex Services is U67190KL2007PTC020497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suresh Forex Services has 1 court case on record: 1 filed by the company. 1 is pending.
Suresh Forex Services was incorporated on 16 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Suresh Forex Services by revenue are Millennium Bizcon & Tradex Private Limited, Electrum Financial Holdings Limited, Aadi Tattva Foundation, VLT Forex Private Limited, Venus Currency and Forex Services Private Limited and 5 more, all in the BFSI industry (Forex Services, Money Exchange Services).
Manoj Kumar Kochupurackal Chandrasekharan Nair was appointed as Director on 08 Jun 2019. Praveen Venugopal Nair ceased to be Additional Director on 30 Oct 2017. Nirmala Devi Radhakrishnan Nair ceased to be Director on 12 May 2017. Suresh Forex Services has 5 board changes on record in total.
The registered office of Suresh Forex Services is at Near Grand College Thekkumgopuram, Kottayam, Kerala, India – 686001.
Suresh Forex Services operates in the financial services industry, in the forex services segment.