Vedica Forex Private Limited
About Vedica Forex Private Limited
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Vedica Forex Private Limited is a private limited company based in Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 14 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65999DL2020PTC362772. Its GSTIN is 07AAHCV3504G1ZH (Delhi).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ganesh Bangera and Pradnyesh Madhukar Dalvi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 130 – C Saraswati House Gautam Nagar Andrewsganj South Delhi Defence Colony, Delhi, India – 110049.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 0%) and EBITDA of ₹7.41 Lakh (EBITDA margin 0.1%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Vedica Forex Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address130 – C Saraswati House Gautam Nagar Andrewsganj South Delhi Defence Colony, Delhi, India – 110049
- IndustryFinancial Services, Forex Services
To see the full contact details of Vedica 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
Business activity
The main business activity of Vedica Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vedica Forex Private Limited, buy the company report.
Financials of Vedica Forex Private Limited
FY 2024 filings availableVedica Forex Private Limited reported revenue of ₹91.38 Cr (up 1286948% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.41 Lakh | ||||
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| Net Profit (PAT) | ₹3.22 Lakh | ||||
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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 | 0.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vedica Forex Private Limited, buy the company report.
Board of directors of Vedica Forex Private Limited
Vedica Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Bangera | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
| Pradnyesh Madhukar Dalvi | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Vedica Forex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Jpy Forex and Holidays Private Limited | ₹97.46 Cr (FY 2019) | 63.0% | New Delhi, Delhi, India | |||
| Quotava Forex Private Limited | ₹94.03 Cr (FY 2019) | -53.0% | Kolkata, West Bengal, India | |||
| Vedica Forex Private Limitedthis company | ₹91.38 Cr (FY 2024) | ₹3.22 Lakh | 0% | 1286948.0% | Delhi, India | |
| WSFX Global Pay Limited | ₹89.12 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| D M S Forex Private Limited | ₹88.78 Cr (FY 2024) | 23.0% | Lucknow, Uttar Pradesh, India | |||
| Crown Forex (India) Private Limited | ₹88.55 Cr (FY 2024) | 163.0% | New Delhi, Delhi, India | |||
| Easy Mudra Private Limited | ₹88.45 Cr (FY 2024) | 588.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vedica Forex Private Limited, buy the company report.
Auditor
Vedica Forex Private Limited is audited by N K A K & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K A K & CO. | FY 2023 | 033183N |
Shareholding
The shareholding of Vedica Forex Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vedica Forex Private Limited, buy the company report.
Legal cases
Vedica Forex Private Limited has 1 court case on record: 1 filed by Vedica Forex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Union of India Through Secretary Ministry of Finance Secretary Department of Revenue No. 137 North Block, Cabinet Secretariat, Raisina Hill, New Delhi ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of Vedica Forex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vedica Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vedica Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCV3504G1ZH | Delhi | Active | 28 Mar 2020 |
To see the full GST registrations and return filing status of Vedica Forex Private Limited, buy the company report.
Recent activity
Vedica Forex Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Akash Singh ceased to be Director on 10 Dec 2024.
Frequently asked questions
Vedica Forex is an active private limited company based in Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 14 March 2020 (6+ years old) and is registered under CIN U65999DL2020PTC362772.
Vedica Forex has 2 current directors:
- Ganesh Bangera - Director
- Pradnyesh Madhukar Dalvi - Director
The latest financial statements of Vedica Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Vedica Forex is 07AAHCV3504G1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Vedica Forex is U65999DL2020PTC362772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedica Forex has 1 court case on record: 1 filed by the company.
Vedica Forex was incorporated on 14 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vedica Forex by revenue are Jpy Forex and Holidays Private Limited, Quotava Forex Private Limited, WSFX Global Pay Limited, D M S Forex Private Limited, Crown Forex (India) Private Limited and 1 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Akash Singh ceased to be Director on 10 Dec 2024. Sagar Singh ceased to be Director on 10 Dec 2024. Ganesh Bangera was appointed as Director on 20 Jul 2023. Vedica Forex has 6 board changes on record in total.
The registered office of Vedica Forex is at 130 – C Saraswati House Gautam Nagar Andrewsganj South Delhi Defence Colony, Delhi, India – 110049.
Vedica Forex operates in the financial services industry, in the forex services segment.
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