Vastav Forex Private Limited
About Vastav Forex Private Limited
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Vastav Forex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2018PTC105261. Its GSTIN is 24AAGCV6849P1ZH (Gujarat).
The company has an authorised share capital of ₹28 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Rajesh Harbhajanlal Dham and Premlata Rajesh Dham.
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 G/F – 5 Swagat Complex Opp. Petrol Pump Rambaug Road Maninagar, Ahmedabad, Gujarat, India – 380008.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.52 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹9,131 (net margin -6%) and EBITDA of -₹9,131 (EBITDA margin -6%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
The company has 1 deal on record (1 rights issue); the latest was in May 2019. Its 10 peer companies in the same principal business activity (Other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is Arbn Nidhi Limited with revenue of ₹1.52 Lakh.
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- Registered AddressG/F – 5 Swagat Complex Opp. Petrol Pump Rambaug Road Maninagar, Ahmedabad, Gujarat, India – 380008
- IndustryFinancial Services, Other Financial Intermediation
- 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 Vastav Forex Private Limited
The main business activity of Vastav 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 Vastav Forex Private Limited FY 2025 filings available
Vastav Forex Private Limited reported revenue of ₹1.52 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vastav Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 72% over three years, including a 99% fall in the latest year. EBITDA fell 65% 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 Vastav 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 | -₹9,131 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9,131 | •••• | •••• | •••• | •••• |
| 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 Vastav Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6% | •••• | •••• | •••• | •••• |
| 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 Vastav Forex are in the company report.
Financial statements from FY 2019
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 Vastav Forex Private Limited
Vastav Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Harbhajanlal Dham | Director | 21 Nov 2018 | 7 Years 10 Months | Current |
| Premlata Rajesh Dham | Director | 21 Nov 2018 | 7 Years 10 Months | Current |
Peer Comparison of Vastav Forex Private Limited
Vastav Forex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arbn Nidhi Limited | ₹1.52 Lakh (FY 2022) | •••• | •••• | 375.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Rymaz Micro Service Foundation | ₹1.52 Lakh (FY 2024) | •••• | •••• | 377.0% | •••• | Beraberi, West Bengal, India |
| Jah Kuries (Ollur) Private Limited | ₹1.52 Lakh (FY 2019) | •••• | •••• | -16.0% | •••• | Thrissur, Kerala, India |
| Keshav Fincon Limited | ₹1.52 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Uttar Pradesh, India |
| H M S Chit Fund Private Limited | ₹1.52 Lakh (FY 2016) | •••• | •••• | 22.0% | •••• | Coimbatore, Tamil Nadu, India |
| Vastav Forex Private Limited this company | ₹1.52 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Ahmedabad, Gujarat, India |
| Fastpaying India Nidhi Limited | ₹1.52 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Habra, West Bengal, India |
| Growth X Trading Private Limited | ₹1.52 Lakh (FY 2021) | •••• | •••• | -57.0% | •••• | Indore, Madhya Pradesh, India |
| A M Business & Finance Ltd. | ₹1.52 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Kolkata, West Bengal, India |
| Sree Sankari Benefit Funds Limited | ₹1.52 Lakh (FY 2021) | •••• | •••• | -7.0% | •••• | Dindigul, Tamil Nadu, India |
| Devm Tech Private Limited | ₹1.52 Lakh (FY 2024) | •••• | •••• | 338.0% | •••• | Nagaur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Vastav Forex by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Vastav 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 Vastav Forex Private Limited
Vastav Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Vastav Forex Private Limited
Vastav Forex Private Limited has 1 deal on record (1 rights issue); the latest was in May 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Rights issue | ₹27 Lakh | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Vastav Forex Private Limited
Employment history and EPFO contributions of people linked to Vastav 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 Vastav Forex Private Limited
Vastav Forex Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Premlata Rajesh Dham was appointed as Director on 21 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Vastav 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 Vastav 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 Vastav 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 Vastav Forex Private Limited
Vastav Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV6849P1ZH | Gujarat | Active | 10 Jan 2020 |
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 Vastav 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 Vastav Forex Private Limited
Vastav Forex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 November 2018 (8+ years old) and is registered under CIN U65990GJ2018PTC105261.
Vastav Forex reported revenue of ₹1.52 Lakh for FY 2025 (down 99% YoY).
Vastav Forex has 2 current directors:
- Rajesh Harbhajanlal Dham - Director
- Premlata Rajesh Dham - Director
Vastav Forex reported a net loss of ₹9,131 (net margin -6%) and EBITDA of -₹9,131 (EBITDA margin -6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vastav Forex is -72% over three years. In the latest year (FY 2025) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vastav Forex is 24AAGCV6849P1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Vastav Forex is U65990GJ2018PTC105261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vastav Forex was incorporated on 21 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vastav Forex has 1 deal on record (1 rights issue); the latest was in May 2019.
The peers of Vastav Forex by revenue are Arbn Nidhi Limited, Rymaz Micro Service Foundation, Jah Kuries (Ollur) Private Limited, Keshav Fincon Limited, H M S Chit Fund Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Premlata Rajesh Dham was appointed as Director on 21 Nov 2018. Rajesh Harbhajanlal Dham was appointed as Director on 21 Nov 2018.