About Trio Forex Private Limited
Data last updated:
Trio Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 30 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2019PTC324733. Its GSTIN is 27AAHCT3029J1Z6 (Maharashtra).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Harsha Sanjeev Sethiya and Sanjeev Ugamraj Sethiya.
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 24 Varma Villa No 2 Chs Ltd V.P Road Near Vishwakarma Baug Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.67 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.95 Lakh (net margin 0%) and EBITDA of ₹2.75 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 28% over five years.
For more details, the company can be reached via its website trio-forex-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered Address24 Varma Villa No 2 Chs Ltd V.P Road Near Vishwakarma Baug Vile Parle West, Mumbai, Maharashtra, India – 400056
- 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
Business Activity of Trio Forex Private Limited
The main business activity of Trio Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Trio Forex Private Limited FY 2025 filings available
Trio Forex Private Limited reported revenue of ₹45.67 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Trio Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 16% fall in the latest year. EBITDA fell 33% 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 Trio 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 | ₹2.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.95 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 Trio 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 Trio Forex are in the company report.
Financial statements from FY 2020
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 Trio Forex Private Limited
Trio Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Golden Money Changer Private Limited | •••• | •••• | •••• | •••• | - | Madurai South, Tamil Nadu, India |
| Aerowise Travel and Forex Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Mangal Forex and Travels Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Amigo Forex Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Instarem India Private Limited | •••• | •••• | •••• | •••• | 212 | Bangalore, Karnataka, India |
| Trio Forex Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Victory Forex and Travel Services Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Unified Forex and Travels Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Universal Currency Exchange (I) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| White Knight Forex Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Kesri Money Changer Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Trio Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Trio Forex Private Limited
Trio Forex Private Limited is audited by NIMESH B. PAREKH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIMESH B. PAREKH & CO | Locked | Locked | Locked |
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.
Board of Directors of Trio Forex Private Limited
Trio Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Sanjeev Sethiya | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
| Sanjeev Ugamraj Sethiya | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Trio 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 Trio Forex Private Limited
Trio Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Trio Forex Private Limited
Employment history and EPFO contributions of people linked to Trio 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 Trio Forex Private Limited
Trio Forex Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Harsha Sanjeev Sethiya was appointed as Director on 30 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Trio 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 Trio 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 Trio 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 Trio Forex Private Limited
Trio Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT3029J1Z6 | Maharashtra | Active | 19 Jul 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 Trio 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 Trio Forex Private Limited
Trio Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 30 April 2019 (7+ years old) and is registered under CIN U67110MH2019PTC324733.
Trio Forex reported revenue of ₹45.67 Cr for FY 2025 (down 16% YoY).
Trio Forex has 2 current directors:
- Harsha Sanjeev Sethiya - Director
- Sanjeev Ugamraj Sethiya - Director
Trio Forex reported a net profit of ₹1.95 Lakh (net margin 0%) and EBITDA of ₹2.75 Lakh (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trio Forex is 88% over three years and -28% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trio Forex is 27AAHCT3029J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Trio Forex is U67110MH2019PTC324733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trio Forex was incorporated on 30 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Trio Forex by revenue are Golden Money Changer Private Limited, Aerowise Travel and Forex Private Limited, Mangal Forex and Travels Private Limited, Amigo Forex Private Limited, Instarem India Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Harsha Sanjeev Sethiya was appointed as Director on 30 Apr 2019. Sanjeev Ugamraj Sethiya was appointed as Director on 30 Apr 2019.
Trio Forex can be reached through the website trio-forex-pvt-ltd.business.site. Its registered office is in Mumbai, Maharashtra, India.