VLT Forex Private Limited
About VLT Forex Private Limited
Data last updated:
VLT Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65929WB2020PTC238211.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Subhas Chandra Harlalka and Manju Harlalka.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹49,362, a growth of 147% compared to the previous year. For the same year it recorded a net profit of ₹24,009 (net margin 48.6%) and EBITDA of ₹24,009 (EBITDA margin 48.6%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
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- Registered Address164A Ajc Bose Road, Prasad Square Room No. 311, Kolkata, West Bengal, India – 700014
- 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 VLT Forex Private Limited
The main business activity of VLT 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 VLT Forex Private Limited FY 2025 filings available
VLT Forex Private Limited reported revenue of ₹49,362 (up 147% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of VLT Forex Private Limited
Revenue rose 147% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 24%. 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 VLT 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 | ₹24,009 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,009 | •••• | •••• | •••• | •••• |
| 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 VLT Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48.6% | •••• | •••• | •••• | •••• |
| 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 VLT Forex are in the company report.
Financial statements from FY 2021
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 VLT Forex Private Limited
VLT Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Usxy Forex Services Private Limited | ₹64,470 (FY 2025) | •••• | •••• | -49.0% | •••• | Chennai, Tamil Nadu, India |
| Supreme Forex Solutions Private Limited | ₹64,404 (FY 2024) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Millennium Bizcon & Tradex Private Limited | ₹57,800 (FY 2025) | •••• | •••• | -89.0% | •••• | Pune, Maharashtra, India |
| Electrum Financial Holdings Limited | ₹50,000 (FY 2024) | •••• | •••• | -52.0% | •••• | Bengaluru, Karnataka, India |
| Aadi Tattva Foundation | ₹50,000 (FY 2025) | •••• | •••• | 150.0% | •••• | New Delhi, Delhi, India |
| VLT Forex Private Limited this company | ₹49,362 (FY 2025) | •••• | •••• | 147.0% | •••• | Kolkata, West Bengal, India |
| Suresh Forex Services Private Limited | ₹46,198 (FY 2025) | •••• | •••• | -42.0% | •••• | Kottayam, Kerala, India |
| Aarohi Forex Private Limited | ₹45,350 (FY 2025) | •••• | •••• | •••• | Sanand, Gujarat, India | |
| Gaazaali Forex Private Limited | ₹42,512 (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Anamika Forex Private Limited | ₹40,459 (FY 2021) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Pushpak Forex Private Limited | ₹39,200 (FY 2025) | •••• | •••• | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below VLT Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of VLT Forex Private Limited
VLT Forex has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhas Chandra Harlalka Also directs: VLT Tours Private Limited | Director | 20 Jul 2020 | 6 Years 2 Months | Current |
| Manju Harlalka Also directs: VLT Tours Private Limited | Director | 20 Jul 2020 | 6 Years 2 Months | Current |
| Piyush Harlalka Also directs: VLT Tours Private Limited, Shree Subh Properties Pvt Ltd | Director | 20 Jul 2020 | 6 Years 2 Months | Current |
| Ayush Harlalka | Director | 20 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of VLT 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 VLT Forex Private Limited
VLT Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at VLT Forex Private Limited
Employment history and EPFO contributions of people linked to VLT 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 VLT Forex Private Limited
VLT Forex Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Ayush Harlalka was appointed as Director on 20 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for VLT 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 VLT 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 VLT 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 VLT Forex Private Limited
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 VLT 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 VLT Forex Private Limited
VLT Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U65929WB2020PTC238211.
VLT Forex reported revenue of ₹49,362 for FY 2025 (up 147% YoY).
VLT Forex has 4 current directors:
- Subhas Chandra Harlalka - Director
- Manju Harlalka - Director
- Piyush Harlalka - Director
- Ayush Harlalka - Director
VLT Forex reported a net profit of ₹24,009 (net margin 48.6%) and EBITDA of ₹24,009 (EBITDA margin 48.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VLT Forex is -24% over three years. In the latest year (FY 2025) revenue rose 147%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of VLT Forex is U65929WB2020PTC238211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VLT Forex was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of VLT Forex by revenue are Usxy Forex Services Private Limited, Supreme Forex Solutions Private Limited, Millennium Bizcon & Tradex Private Limited, Electrum Financial Holdings Limited, Aadi Tattva Foundation and 5 more, all in the BFSI industry (Money Exchange Services).
Ayush Harlalka was appointed as Director on 20 Jul 2020. Manju Harlalka was appointed as Director on 20 Jul 2020. Piyush Harlalka was appointed as Director on 20 Jul 2020. VLT Forex has 4 board changes on record in total.
The registered office of VLT Forex is at 164A Ajc Bose Road, Prasad Square Room No. 311, Kolkata, West Bengal, India – 700014.
VLT Forex has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh.