Papertax Consultancy Private Limited
About Papertax Consultancy Private Limited
Data last updated:
Papertax Consultancy Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 19 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2011PTC065497.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Veeraj Trading Private Limited and Veeraj Broking Private Limited. It is led by directors Praniti Nirmitkumar Bhansari and Nilam Niharkumar Bhansari.
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 A – 1041 Sun West Bank Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.93 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹16,026 (net margin -4.1%) and EBITDA of ₹1.01 Lakh (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Papertax Consultancy Private Limited
Papertax Consultancy has undergone 4 name changes throughout its history. The current legal name is Papertax Consultancy Private Limited.
| Company Name | Status |
|---|---|
| Papertax Consultancy Private Limited | Current |
| Veeraj Trading Private Limited | Previous |
| Veeraj Broking Private Limited | Previous |
| Papertax Solutions Private Limited | Previous |
| Veeraj Traders Private Limited | Previous |
CIN History of Papertax Consultancy Private Limited
Papertax Consultancy has one previous CIN (Corporate Identification Number): U67120GJ2011PTC065497. The current CIN is U74110GJ2011PTC065497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2011PTC065497 | Current |
| U67120GJ2011PTC065497 | Previous |
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- Registered AddressA – 1041 Sun West Bank Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
- 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 Papertax Consultancy Private Limited
The main business activity of Papertax Consultancy is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Papertax Consultancy Private Limited FY 2024 filings available
Papertax Consultancy Private Limited reported revenue of ₹3.93 Lakh (down 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Papertax Consultancy Private Limited
Revenue fell 67% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA rose 17% 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 of Papertax Consultancy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16,026 | •••• | •••• | •••• | •••• |
| 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 Papertax Consultancy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.1% | •••• | •••• | •••• | •••• |
| 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 Papertax Consultancy are in the company report.
Financial statements from 2015
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.
Board of Directors of Papertax Consultancy Private Limited
Papertax Consultancy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praniti Nirmitkumar Bhansari | Director | 26 Aug 2020 | 6 Years 1 Months | Current |
| Nilam Niharkumar Bhansari Also directs: Dwadashangi Advisory LLP, Giftollo Business LLP | Director | 30 Mar 2022 | 4 Years 6 Months | Current |
Peer Comparison of Papertax Consultancy Private Limited
Papertax Consultancy Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rathi City Linkers Pvt Ltd | ₹3.94 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Vaibhav Finance and Investment Company Private Limited | ₹3.94 Lakh (FY 2018) | •••• | •••• | 8.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Janamitra Suvidha Micro Credit Federation | ₹3.94 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Jhunjhunu, Rajasthan, India |
| Compliance Plus Advisors Private Limited | ₹3.94 Lakh (FY 2025) | •••• | •••• | 141.0% | •••• | Borivlai East, Maharashtra, India |
| Maa Savita Mutual Nidhi Limited | ₹3.94 Lakh (FY 2022) | •••• | •••• | 88.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Papertax Consultancy Private Limited this company | ₹3.93 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Ahmedabad, Gujarat, India |
| Sevakrisak Sangam Micro Finance Foundation | ₹3.93 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Mirzapur, Uttar Pradesh, India |
| Jagruti Chit Funds Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Kaikaluru, Andhra Pradesh, India |
| Reachyourgoals Max Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Kolkata, West Bengal, India |
| Mathirappilly Chit Fund (India) Private Limited | ₹3.93 Lakh (FY 2021) | •••• | •••• | -56.0% | •••• | Ernakulam, Kerala, India |
| Arch Commodity Brokers Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Papertax Consultancy by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Papertax Consultancy Private Limited
Papertax Consultancy Private Limited is audited by S B SHAH & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Papertax Consultancy 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 Papertax Consultancy Private Limited
Papertax Consultancy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Papertax Consultancy Private Limited
Employment history and EPFO contributions of people linked to Papertax Consultancy.
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 Papertax Consultancy Private Limited
Papertax Consultancy Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Niharkumar Dineshkumar Bhansari ceased to be Director on 31 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Papertax Consultancy 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 Papertax Consultancy 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 Papertax Consultancy 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 Papertax Consultancy 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 Papertax Consultancy 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 Papertax Consultancy Private Limited
Papertax Consultancy is an active private limited company based in Ahmedabad, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 19 May 2011 (15+ years old) and is registered under CIN U74110GJ2011PTC065497.
Papertax Consultancy reported revenue of ₹3.93 Lakh for FY 2024 (down 67% YoY).
Papertax Consultancy has 2 current directors:
- Praniti Nirmitkumar Bhansari - Director
- Nilam Niharkumar Bhansari - Director
Papertax Consultancy reported a net loss of ₹16,026 (net margin -4.1%) and EBITDA of ₹1.01 Lakh (EBITDA margin 25.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Papertax Consultancy is 34% over three years. In the latest year (FY 2024) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Papertax Consultancy is U74110GJ2011PTC065497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Papertax Consultancy was incorporated on 19 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Papertax Consultancy by revenue are Rathi City Linkers Pvt Ltd, Vaibhav Finance and Investment Company Private Limited, Janamitra Suvidha Micro Credit Federation, Compliance Plus Advisors Private Limited, Maa Savita Mutual Nidhi Limited and 5 more, all in the same principal business activity (Other financial activities).
Niharkumar Dineshkumar Bhansari ceased to be Director on 31 Mar 2022. Nirmitkumar Bhansari ceased to be Director on 31 Mar 2022. Nilam Niharkumar Bhansari was appointed as Director on 30 Mar 2022. Papertax Consultancy has 7 board changes on record in total.
The registered office of Papertax Consultancy is at A – 1041 Sun West Bank Ashram Road, Ahmedabad, Gujarat, India – 380009.
Papertax Consultancy has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh.