MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-10-0009555
Suvidha Forex Private Limited
Suvidha Forex Private Limited - financial services in Jalandhar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹141.89 Cr
▼ 3% YoY
Net profit · FY 2025
₹1.65 Lakh
Net margin 0%
EBITDA · FY 2025
₹11.9 Lakh
EBITDA margin 0.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Suvidha Forex Private Limited
Data last updated:
Suvidha Forex Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 06 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74995PB2012PTC035909. Its GSTIN is 03AARCS0005M1ZF (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Raman Madan and Anoop Singh Rana.
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 35 Delta Chamber First Floor 205 A, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹141.89 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Lakh (net margin 0%) and EBITDA of ₹11.9 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
Suvidha Forex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0009555). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Suvidha Forex Private Limited
CIN U74995PB2012PTC035909
Registration Number 035909
Incorporation Date 06 February 2012
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-10-0009555
Recognitions & Rankings of Suvidha Forex
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address35 Delta Chamber First Floor 205 A, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Forex Services
Comprehensive company report
Suvidha Forex Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Suvidha Forex Private Limited
The main business activity of Suvidha Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Premium access
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 Suvidha Forex Private Limited FY 2024 filings available
Suvidha Forex Private Limited reported revenue of ₹141.89 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹141.89 Cr ▼ 3%
Net profit · FY 2025
₹1.65 Lakh margin 0%
EBITDA · FY 2025
₹11.9 Lakh margin 0.1%
Compounded Annual Growth Rate (CAGR) of Suvidha Forex Private Limited
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 16%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 36%
5 years · compounded
▲ 14%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 69% 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 Suvidha 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 | ₹11.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.65 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 Suvidha Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Suvidha Forex are in the company report.
Premium access
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.
Board of Directors of Suvidha Forex Private Limited
Suvidha Forex has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Madan | Director | 23 Jun 2016 | 10 Years 3 Months | Current |
| Anoop Singh Rana | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
| Vivek Madaan | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
Peer Comparison of Suvidha Forex Private Limited
Suvidha 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 |
|---|---|---|---|---|---|---|
| RNB Forex & Travels Private Limited | ₹159.54 Cr (FY 2021) | •••• | •••• | 160.0% | •••• | Kolkata, West Bengal, India |
| Overseas Forex Private Limited | ₹158.78 Cr (FY 2022) | •••• | •••• | 318203.0% | •••• | Gurgaon, Haryana, India |
| Hubert Money Changer Private Limited | ₹155.93 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Kolkata, West Bengal, India |
| Muthoot Forex Limited | ₹155.59 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ernakulam, Kerala, India |
| I-Forex (India) Private Limited | ₹151.81 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Suvidha Forex Private Limited this company | ₹141.89 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Jalandhar, Punjab, India |
| Fire Forex Private Limited | ₹140.29 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | New Delhi, Delhi, India |
| Transcorp Enterprises Limited | ₹138.99 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Jaipur, Rajasthan, India |
| Balarkaay Forex and Travel Private Limited | ₹136.65 Cr (FY 2023) | •••• | •••• | 690.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Aov Forex Private Limited | ₹134.96 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Breakpoint Forex Private Limited | ₹133.36 Cr (FY 2022) | •••• | •••• | •••• | Greater Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Suvidha 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 Suvidha Forex Private Limited
Suvidha Forex Private Limited is audited by B.K. TANDON & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.K. TANDON & ASSOCIATES | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Suvidha Forex Private Limited
Premium access
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 Suvidha Forex Private Limited
Suvidha Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Suvidha Forex Private Limited
Employment history and EPFO contributions of people linked to Suvidha Forex.
Premium access
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.
Recent Activity on Suvidha Forex Private Limited
Suvidha Forex Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Anoop Singh Rana ceased to be Additional Director on 29 Sep 2018.
AGM
Suvidha Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Suvidha Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Anoop Singh Rana ceased to be Additional Director.
Appointed
Anoop Singh Rana was appointed as Director.
Ceased
Raman Madan ceased to be Additional Director.
Appointed
Raman Madan was appointed as Director.
Ceased
Samriti Madaan ceased to be Director.
Ceased
Subhash Chander Madaan ceased to be Director.
Appointed
Vivek Madaan was appointed as Director.
Incorporation
06 Feb 2012
Suvidha Forex Private Limited was registered on 06 Feb 2012 with Roc Chandigarh & aged 14 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Suvidha Forex Private Limited
Premium access
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 Suvidha Forex Private Limited
Premium access
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 Suvidha Forex Private Limited
Premium access
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 Suvidha Forex Private Limited
Suvidha Forex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AARCS0005M1ZF | Punjab | Active | 01 Jul 2017 |
Premium access
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 Suvidha Forex Private Limited
Premium access
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 Suvidha Forex Private Limited
Suvidha Forex is an active private limited company based in Jalandhar, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 06 February 2012 (14+ years old) and is registered under CIN U74995PB2012PTC035909.
Suvidha Forex reported revenue of ₹141.89 Cr for FY 2025 (down 3% YoY).
Suvidha Forex has 3 current directors:
- Raman Madan - Director
- Anoop Singh Rana - Director
- Vivek Madaan - Director
Suvidha Forex reported a net profit of ₹1.65 Lakh (net margin 0%) and EBITDA of ₹11.9 Lakh (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suvidha Forex is -16% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suvidha Forex is 03AARCS0005M1ZF, registered in Punjab.
The CIN (Corporate Identification Number) of Suvidha Forex is U74995PB2012PTC035909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvidha Forex was incorporated on 06 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Suvidha Forex by revenue are RNB Forex & Travels Private Limited, Overseas Forex Private Limited, Hubert Money Changer Private Limited, Muthoot Forex Limited, I-Forex (India) Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Anoop Singh Rana ceased to be Additional Director on 29 Sep 2018. Anoop Singh Rana was appointed as Director on 25 Apr 2018. Raman Madan ceased to be Additional Director on 30 Sep 2016. Suvidha Forex has 7 board changes on record in total.
Yes, Suvidha Forex is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-10-0009555).