
About Heritage India Advisory Private Limited
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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
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
- Website
- Registered Address2nd Floor Apeejay Chamber Wallace Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Heritage India Advisory 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
Brands
Heritage India Advisory operates one associated brand: Heritage India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other 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 availableHeritage India Advisory Private Limited reported revenue of ₹72,380 (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹11.3 Lakh | ||||
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| Net Profit (PAT) | -₹11.9 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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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kayan Jamshid Pandole Also directs: Sadafuli Finstock Private Limited, Diamtools Private Limited | Director | 26 Mar 2014 | 12 Years 7 Months | Current |
| Jamshid Naval Pandole | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 firm | Financial year | Firm registration number |
|---|---|---|
| N. D. KAPUR & CO. | FY 2017 | 001196N |
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 category | FY 2017 | FY 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.
Legal cases
No court or tribunal cases involving Heritage India Advisory 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI8025K1ZF | Maharashtra | Active | 01 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.
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:
- Kayan Jamshid Pandole - Director
- Jamshid Naval Pandole - Director
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.

