Swami Forex Private Limited
About Swami Forex Private Limited
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Swami Forex Private Limited is a private limited company based in Nadiad, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 06 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ1998PTC034066. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.01 Lakh. It was formerly known as Swami Nana Exchangers Private Limited. It is led by directors Rasmikant Chimanlal Kapadiya and Alkaben Gaurangbhai Kapadiya.
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 Trikamjini Pole Bhavsarvad Village Nadiad, Gujarat, India – 387001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.71 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹56,000 (net margin -32.7%) and EBITDA of -₹23,000 (EBITDA margin -13.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swami Forex Private Limited's registered office is in Nadiad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressNear Trikamjini Pole Bhavsarvad Village Nadiad, Gujarat, India – 387001
- IndustryFinancial Services, Forex Services
To see the full contact details of Swami 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
Financials of Swami Forex Private Limited
FY 2025 filings availableSwami Forex Private Limited reported revenue of ₹1.71 Lakh (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 2% growth in the latest year. EBITDA rose 97% 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 | -₹23,000 | ||||
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| Net Profit (PAT) | -₹56,000 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -13.5% | ||||
| Net Profit Margin | -32.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Swami Forex Private Limited, buy the company report.
Board of directors of Swami Forex Private Limited
Swami Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasmikant Chimanlal Kapadiya | Director | 06 May 1998 | 28 Years 5 Months | Current |
| Alkaben Gaurangbhai Kapadiya | Director | 06 May 1998 | 28 Years 5 Months | Current |
Peer comparison
Swami Forex Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shere Punjab Forex Private Limited | ₹1.75 Lakh (FY 2025) | Jalandhar, Punjab, India | ||||
| Jay Maharaj Money Changer Private Limited | ₹1.74 Lakh (FY 2024) | -99.0% | Nadiad, Gujarat, India | |||
| Samaara Forex Services Private Limited | ₹1.73 Lakh (FY 2022) | -87.0% | New Delhi, Delhi, India | |||
| Leadcorp Investments Private Limited | ₹1.73 Lakh (FY 2024) | -59.0% | Hyderabad, Telangana, India | |||
| G.K. Prince Currency Exchange Private Limited | ₹1.71 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Swami Forex Private Limitedthis company | ₹1.71 Lakh (FY 2025) | -₹56,000 | -32.7% | 2.0% | Nadiad, Gujarat, India | |
| Northzone Forex Private Limited | ₹1.7 Lakh (FY 2024) | -96.0% | Ghaziabad, Uttar Pradesh, India | |||
| Paneri Sarees Private Limited | ₹1.55 Lakh (FY 2023) | -99.0% | Porbandar, Gujarat, India | |||
| Amara Forex Private Limited | ₹1.46 Lakh (FY 2025) | -53.0% | Chennai, Tamil Nadu, India | |||
| Khanat Money Changer Private Limited | ₹1.39 Lakh (FY 2025) | -13.0% | Gujarat, India | |||
| RSV Forex Private Limited | ₹1.34 Lakh (FY 2025) | 14.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Swami Forex Private Limited, buy the company report.
Auditor
Swami Forex Private Limited is audited by NIRAV R SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV R SHAH & ASSOCIATES | FY 2018 | 127177W |
Shareholding
The shareholding of Swami Forex Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Swami Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swami 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 Swami Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swami Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swami Forex Private Limited, buy the company report.
Recent activity
Swami Forex Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Alkaben Gaurangbhai Kapadiya was appointed as Director on 06 May 1998.
Frequently asked questions
Swami Forex is an active private limited company based in Nadiad, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 06 May 1998 (28+ years old) and is registered under CIN U74140GJ1998PTC034066.
Swami Forex has 2 current directors:
- Rasmikant Chimanlal Kapadiya - Director
- Alkaben Gaurangbhai Kapadiya - Director
The latest financial statements of Swami Forex 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. Swami Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Swami Forex is U74140GJ1998PTC034066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swami Forex was incorporated on 06 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Swami Forex by revenue are Shere Punjab Forex Private Limited, Jay Maharaj Money Changer Private Limited, Samaara Forex Services Private Limited, Leadcorp Investments Private Limited, G.K. Prince Currency Exchange Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Alkaben Gaurangbhai Kapadiya was appointed as Director on 06 May 1998. Rasmikant Chimanlal Kapadiya was appointed as Director on 06 May 1998.
The registered office of Swami Forex is at Near Trikamjini Pole Bhavsarvad Village Nadiad, Gujarat, India – 387001.
Swami Forex operates in the financial services industry, in the forex services segment.
The compliance status of Swami Forex is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
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