V. H. Forex Private Limited
About V. H. Forex Private Limited
Data last updated:
V. H. Forex Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 17 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2012PTC068655. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Jaykumar Ratilal Shah and Kiritkumar Kantilal Patel.
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 1 Tansukhbhai Building 1st Floor Nr. Mehsana District Bank Raj Mahel Roa, D, Gujarat, India – 384001.
As per the financials filed for FY 2024, the company reported a revenue of ₹69,313, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹75,499 (net margin -108.9%) and EBITDA of -₹75,487 (EBITDA margin -108.9%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 65% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
V. H. Forex Private Limited's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Tansukhbhai Building 1st Floor Nr. Mehsana District Bank Raj Mahel Roa, D, Gujarat, India – 384001
- IndustryFinancial Services, Forex Services
To see the full contact details of V. H. 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 V. H. Forex Private Limited
FY 2025 filings availableV. H. Forex Private Limited reported revenue of ₹69,313 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 98% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹75,487 | ||||
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| Net Profit (PAT) | -₹75,499 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -108.9% | ||||
| Net Profit Margin | -108.9% | ||||
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To see the full financial statements and ratios of V. H. Forex Private Limited, buy the company report.
Board of directors of V. H. Forex Private Limited
V. H. Forex has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaykumar Ratilal Shah | Director | 17 Jan 2012 | 14 Years 9 Months | Current |
| Kiritkumar Kantilal Patel | Director | 17 Jan 2012 | 14 Years 9 Months | Current |
| Arvindkumar Ramsangbhai Chaudhari | Director | 30 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
V. H. Forex Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viyani Enterprises Private Limited | ₹71,470 (FY 2025) | -68.0% | Kottayam, Kerala, India | |||
| Hasten Forex and Travel Private Limited | ₹71,000 (FY 2025) | -100.0% | Rajkot, Gujarat, India | |||
| Manasarovar Forex Private Limited | ₹70,121 (FY 2021) | -94.0% | Chennai, Tamil Nadu, India | |||
| V. H. Forex Private Limitedthis company | ₹69,313 (FY 2024) | -₹75,499 | -108.9% | -98.0% | Mehsana, Gujarat, India |
To see the full peer comparison of V. H. Forex Private Limited, buy the company report.
Auditor
V. H. Forex Private Limited is audited by H V DOSHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H V DOSHI & CO | FY 2022 | 112353W |
Shareholding
The shareholding of V. H. Forex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V. H. Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving V. H. 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 V. H. Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V. H. 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 V. H. Forex Private Limited, buy the company report.
Recent activity
V. H. Forex Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Kanubhai Govindbhai Patel ceased to be Director on 13 Feb 2021.
Frequently asked questions
V. H. Forex is an active private limited company based in Mehsana, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 17 January 2012 (14+ years old) and is registered under CIN U67190GJ2012PTC068655.
V. H. Forex has 3 current directors:
- Jaykumar Ratilal Shah - Director
- Kiritkumar Kantilal Patel - Director
- Arvindkumar Ramsangbhai Chaudhari - Director
The latest financial statements of V. H. 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. V. H. Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of V. H. Forex is U67190GJ2012PTC068655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V. H. Forex was incorporated on 17 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of V. H. Forex by revenue are Viyani Enterprises Private Limited, Hasten Forex and Travel Private Limited, Manasarovar Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Kanubhai Govindbhai Patel ceased to be Director on 13 Feb 2021. Manubhai Ashabhai Nayi ceased to be Director on 13 Feb 2021. Arvindkumar Ramsangbhai Chaudhari was appointed as Director on 30 Sep 2018. V. H. Forex has 9 board changes on record in total.
The registered office of V. H. Forex is at 1 Tansukhbhai Building 1st Floor Nr. Mehsana District Bank Raj Mahel Roa, D, Gujarat, India – 384001.
V. H. Forex operates in the financial services industry, in the forex services segment.
The compliance status of V. H. Forex is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.