Topknot Forex Private Limited
About Topknot Forex Private Limited
Data last updated:
Topknot Forex Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 02 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U67190UP2017PTC088846. Its GSTIN is 09AAGCT1263P1ZT (Uttar Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors including Mohita Awasthi and Suchi Kapoor.
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 129 Regal Cinema Building The Mall, Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.61 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹8,043 (net margin 0%) and EBITDA of ₹2.97 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹9 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address129 Regal Cinema Building The Mall, Kanpur, Uttar Pradesh, India – 208001
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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
Business Activity of Topknot Forex Private Limited
The main business activity of Topknot 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 |
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 Topknot Forex Private Limited FY 2025 filings available
Topknot Forex Private Limited reported revenue of ₹7.61 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Topknot Forex Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 37% 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 Topknot 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 | ₹2.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8,043 | •••• | •••• | •••• | •••• |
| 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 Topknot Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Topknot Forex are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Topknot Forex Private Limited
Topknot 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 |
|---|---|---|---|---|---|---|
| R.S International Private Limited | ₹7.71 Cr (FY 2025) | •••• | •••• | 225.0% | •••• | Nawanshahr, Punjab, India |
| Magic Forex Private Limited | ₹7.7 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Mumbai, Maharashtra, India |
| Mudra Forex Private Limited | ₹7.69 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Sanghvi Dhanrupji Devaji Money Changers Private Limited | ₹7.65 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Laxman Forex Private Limited | ₹7.63 Cr (FY 2025) | •••• | •••• | 7117.0% | •••• | Nanganallur, Chennai, Tamil Nadu, India |
| Topknot Forex Private Limited this company | ₹7.61 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kanpur, Uttar Pradesh, India |
| Taurus Forex Private Limited | ₹7.59 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Agra, Uttar Pradesh, India |
| Haast Forex Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Panipat, Haryana, India |
| Gauri Forex Private Limited | ₹7.57 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Delhi, India |
| Ldgarg Forex Private Limited | ₹7.55 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Barnala, Punjab, India |
| Primetech Communications Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Topknot 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.
Board of Directors of Topknot Forex Private Limited
Topknot Forex has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohita Awasthi | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
| Suchi Kapoor | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
| Vinita Seth Also directs: Realistic Constructions Private Limited | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
| Sankalp Awasthi | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
Ownership and Shareholding of Topknot Forex Private Limited
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 Topknot Forex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 2022 | Others | ₹9 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Topknot Forex Private Limited
Employment history and EPFO contributions of people linked to Topknot Forex.
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 Topknot Forex Private Limited
Topknot Forex Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Mohita Awasthi was appointed as Director on 02 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Topknot Forex Private Limited
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 Topknot Forex Private Limited
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 Topknot Forex Private Limited
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 Topknot Forex Private Limited
Topknot Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCT1263P1ZT | Uttar Pradesh | Active | 29 Jan 2019 |
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 Topknot Forex Private Limited
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 Topknot Forex Private Limited
Topknot Forex is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 02 January 2017 (9+ years old) and is registered under CIN U67190UP2017PTC088846.
Topknot Forex reported revenue of ₹7.61 Cr for FY 2025 (down 2% YoY).
Topknot Forex has 4 current directors:
- Mohita Awasthi - Director
- Suchi Kapoor - Director
- Vinita Seth - Director
- Sankalp Awasthi - Director
Topknot Forex reported a net profit of ₹8,043 (net margin 0%) and EBITDA of ₹2.97 Lakh (EBITDA margin 0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Topknot Forex is 73% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Topknot Forex is 09AAGCT1263P1ZT, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Topknot Forex is U67190UP2017PTC088846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Topknot Forex was incorporated on 02 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Topknot Forex by revenue are R.S International Private Limited, Magic Forex Private Limited, Mudra Forex Private Limited, Sanghvi Dhanrupji Devaji Money Changers Private Limited, Laxman Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Mohita Awasthi was appointed as Director on 02 Jan 2017. Sankalp Awasthi was appointed as Director on 02 Jan 2017. Suchi Kapoor was appointed as Director on 02 Jan 2017. Topknot Forex has 4 board changes on record in total.
The registered office of Topknot Forex is at 129 Regal Cinema Building The Mall, Kanpur, Uttar Pradesh, India – 208001.