MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0007594
Veena World Forex Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.59 Cr
▲ 144% YoY
Net profit · FY 2024
₹49.57 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹69.52 Lakh
EBITDA margin 1.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Veena World Forex Private Limited
Data last updated:
Veena World Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 October 2015 and has been in existence for over 11 years.
Its director Sudhir Patil and family are #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC269012. Its GSTIN is 27AAFCV2577D1Z8 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Neil Sudhir Patil and Sudhir Anant Patil.
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 Office No.705 Neelkanth Corporate IT Park Kirol Road Vidyavihar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.59 Cr, a growth of 144% compared to the previous year. For the same year it recorded a net profit of ₹49.57 Lakh (net margin 1.3%) and EBITDA of ₹69.52 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 243% over three years and 4% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veena World.
Veena World Forex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0007594). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veenaworld.com.
Company details
CIN U74120MH2015PTC269012
Registration Number 269012
Incorporation Date 08 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0007594
Recognitions & Rankings of Veena World Forex
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,608 Sudhir Patil & family ₹1,200 Cr
Contact details
Veena World Forex Private Limited's registered office is in Mumbai, Maharashtra. Its website is veenaworld.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressOffice No.705 Neelkanth Corporate IT Park Kirol Road Vidyavihar West, Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Brokerage & Trading Services, Forex Services
To see the full contact details of Veena World Forex Private Limited, buy the company report.
Comprehensive company report
Veena World Forex Private Limited - one report that includes everything
- 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
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Brands
Veena World Forex operates one associated brand: Veena World. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides holiday tour packages for domestic and international travel destinations. | veenaworld.com |
Business activity
The main business activity of Veena World 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 Veena World Forex Private Limited, buy the company report.
Financials of Veena World Forex Private Limited
FY 2025 filings availableVeena World Forex Private Limited reported revenue of ₹39.59 Cr (up 144% YoY) for FY 2024.
Revenue · FY 2024
₹39.59 Cr ▲ 144%
Net profit · FY 2024
₹49.57 Lakh margin 1.3%
EBITDA · FY 2024
₹69.52 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 243%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 288%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 144% growth in the latest year. EBITDA rose 60% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.57 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Veena World Forex Private Limited, buy the company report.
Board of directors of Veena World Forex Private Limited
Veena World Forex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neil Sudhir Patil | Director | 08 Oct 2015 | 11 Years 1 Months | Current |
| Sudhir Anant Patil | Director | 08 Oct 2015 | 11 Years 1 Months | Current |
Peer comparison
Veena World 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 |
|---|---|---|---|---|---|---|
| Classic Forex and Consultancy Services Private Limited | ₹40.29 Cr (FY 2017) | -34.0% | Bangalore, Karnataka, India | |||
| Slak Forex Private Limited | ₹40.23 Cr (FY 2024) | -50.0% | Kolkata, West Bengal, India | |||
| Raja Moneyexchangers & Holidays Private Limited | ₹39.9 Cr (FY 2025) | -36.0% | Nizamabad, Telangana, India | |||
| Veena World Forex Private Limitedthis company | ₹39.59 Cr (FY 2024) | ₹49.57 Lakh | 1.3% | 144.0% | 2 | Mumbai, Maharashtra, India |
To see the full peer comparison of Veena World Forex Private Limited, buy the company report.
Auditor
Veena World Forex Private Limited is audited by A P R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P R & ASSOCIATES | FY 2021 | 105409W |
Shareholding
The shareholding of Veena World Forex Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Veena World Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veena World 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 Veena World Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veena World Forex Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
100%
GST
Veena World Forex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV2577D1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 19AAFCV2577D1Z5 | West Bengal | Active | 05 Feb 2020 |
To see the full GST registrations and return filing status of Veena World Forex Private Limited, buy the company report.
Recent activity
Veena World Forex Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Neil Sudhir Patil was appointed as Director on 08 Oct 2015.
AGM
Veena World Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veena World Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Neil Sudhir Patil was appointed as Director.
Appointed
Sudhir Anant Patil was appointed as Director.
Incorporation
08 Oct 2015
Veena World Forex Private Limited was registered on 08 Oct 2015 with Roc Mumbai I & aged 11 years 1 month as per MCA records.
Frequently asked questions
Veena World Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 08 October 2015 (11+ years old) and is registered under CIN U74120MH2015PTC269012.
Veena World Forex has 2 current directors:
- Neil Sudhir Patil - Director
- Sudhir Anant Patil - Director
The latest financial statements of Veena World 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 FY 2016 are in the company report.
The GSTIN of Veena World Forex is 27AAFCV2577D1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAFCV2577D1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Veena World Forex is U74120MH2015PTC269012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veena World Forex was incorporated on 08 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veena World Forex by revenue are Classic Forex and Consultancy Services Private Limited, Slak Forex Private Limited, Raja Moneyexchangers & Holidays Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Neil Sudhir Patil was appointed as Director on 08 Oct 2015. Sudhir Anant Patil was appointed as Director on 08 Oct 2015.
Yes, Veena World Forex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0007594).
Veena World Forex can be reached through the website veenaworld.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Veena World Forex is at Office No.705 Neelkanth Corporate IT Park Kirol Road Vidyavihar West, Mumbai, Maharashtra, India – 400086.
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