Heritage India Advisory Private Limited

Heritage India Advisory Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65923MH2007PTC176839 Incorporated 17 December 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹72,380
▼ 95% YoY
Net loss · FY 2024
₹11.9 Lakh
Latest filing
EBITDA · FY 2024
-₹11.3 Lakh
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Heritage India Advisory Private Limited

Data last updated:

Heritage India Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 17 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH2007PTC176839. Its GSTIN is 27AABCI8025K1ZF (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Inspire Capital Management Private Limited. It is led by directors Kayan Jamshid Pandole and Jamshid Naval Pandole.

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 2nd Floor Apeejay Chamber Wallace Street Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2024, the company reported a revenue of ₹72,380, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹11.9 Lakh and EBITDA of -₹11.3 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 38% over five years.

The company is associated with 1 brand: Heritage India.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heritageindia.co.in.

Company details

CIN U65923MH2007PTC176839
Registration Number 176839
Incorporation Date 17 December 2007
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

Contact details

Heritage India Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is heritageindia.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2nd Floor Apeejay Chamber Wallace Street Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Business Services, Management Consultancy

To see the full contact details of Heritage India Advisory Private Limited, buy the company report.

Comprehensive company report
Heritage India Advisory 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Heritage India Advisory operates one associated brand: Heritage India. Each brand links to its own profile.

BrandDescriptionWebsite
Long/short equity strategies are employed by Heritage India hedge fund.heritageindia.co.in

Business activity

The main business activity of Heritage India Advisory is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Heritage India Advisory Private Limited, buy the company report.

Financials of Heritage India Advisory Private Limited

FY 2025 filings available

Heritage India Advisory Private Limited reported revenue of ₹72,380 (down 95% YoY) for FY 2024.

Revenue · FY 2024
₹72,380 ▼ 95%
Net loss · FY 2024
₹11.9 Lakh
EBITDA · FY 2024
-₹11.3 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 74%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▼ 449%
3 years · compounded
▼ 89%
5 years · compounded
▼ 42%

Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 95% fall in the latest year. EBITDA fell 449% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹11.3 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹11.9 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Heritage India Advisory Private Limited, buy the company report.

Board of directors of Heritage India Advisory Private Limited

Heritage India Advisory has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kayan Jamshid PandoleDirector26 Mar 201412 Years 7 MonthsCurrent
Jamshid Naval PandoleDirector15 Jan 201511 Years 9 MonthsCurrent

Peer comparison

Heritage India Advisory Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Creative Tectonics Private Limited₹72,500 (FY 2025)12.0%Uttar Pradesh, India
Trijot Agro Products and Services Private Limited₹72,500 (FY 2025)-56.0%New Delhi, Delhi, India
Luxsit Solutions Private Limited₹72,490 (FY 2024)-59.0%Noida, Uttar Pradesh, India
Mirago Advisors and Developers Private Limited₹72,471 (FY 2017)725.0%Bangalore, Karnataka, India
Heritage India Advisory Private Limitedthis company₹72,380 (FY 2024)-₹11.9 Lakh-95.0%Mumbai, Maharashtra, India
Dreams Infinite Solutions Private Limited₹72,356 (FY 2018)-5.0%Bijnor, Uttar Pradesh, India
Sumi Corporate Services Private Limited₹72,320 (FY 2016)-1.0%Mumbai, Maharashtra, India
PM Enhance Private Limited₹72,253 (FY 2025)-88.0%Gurgaon, Haryana, India
Danbou Kanki Kucho Solutions Private Limited₹72,221 (FY 2019)Greater Noida, Uttar Pradesh, India
Xpify Services Private Limited₹72,137 (FY 2025)76.0%Bangalore, Karnataka, India

To see the full peer comparison of Heritage India Advisory Private Limited, buy the company report.

Auditor

Heritage India Advisory Private Limited is audited by N. D. KAPUR & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
N. D. KAPUR & CO.FY 2017001196N

Shareholding

The shareholding of Heritage India Advisory Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Heritage India Advisory Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Heritage India Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Heritage India Advisory has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCI8025K1ZFMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Heritage India Advisory Private Limited, buy the company report.

Recent activity

Heritage India Advisory Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Dunstan Joseph Lewis ceased to be Director on 31 Mar 2015.

AGM
Heritage India Advisory Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Heritage India Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Dunstan Joseph Lewis ceased to be Director.
Appointed
Jamshid Naval Pandole was appointed as Director.
Ceased
Jamshid Naval Pandole ceased to be Director.
Ceased
Kayan Jamshid Pandole ceased to be Additional Director.
Appointed
Kayan Jamshid Pandole was appointed as Director.
Ceased
Rajesh Meghraj Bhatia ceased to be Director.
Incorporation
17 Dec 2007
Heritage India Advisory Private Limited was registered on 17 Dec 2007 with Roc Mumbai I & aged 18 years 10 months as per MCA records.

Frequently asked questions

Heritage India Advisory is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 17 December 2007 (19+ years old) and is registered under CIN U65923MH2007PTC176839.

Heritage India Advisory has 2 current directors:

The latest financial statements of Heritage India Advisory 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.

The GSTIN of Heritage India Advisory is 27AABCI8025K1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Heritage India Advisory is U65923MH2007PTC176839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Heritage India Advisory was incorporated on 17 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Heritage India Advisory by revenue are Creative Tectonics Private Limited, Trijot Agro Products and Services Private Limited, Luxsit Solutions Private Limited, Mirago Advisors and Developers Private Limited, Dreams Infinite Solutions Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).

Dunstan Joseph Lewis ceased to be Director on 31 Mar 2015. Jamshid Naval Pandole was appointed as Director on 15 Jan 2015. Jamshid Naval Pandole ceased to be Director on 14 Jan 2015. Heritage India Advisory has 6 board changes on record in total.

Heritage India Advisory can be reached through the website heritageindia.co.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Heritage India Advisory is at 2nd Floor Apeejay Chamber Wallace Street Fort, Mumbai, Maharashtra, India – 400001.

Heritage India Advisory operates in the business services industry, in the management consultancy segment.