- #1,233 Russell Arunkumar Mehta & family ₹1,900 Cr

About Shah Mehta Holding Private Limited
Data last updated:
Shah Mehta Holding Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 05 April 1994 and has been in existence for over 32 years.
Its director Russell Arunkumar Mehta and family are #1,233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PTC077544. Its GSTIN is 27AAACS7608F1ZE (Maharashtra).
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹4.73 Cr. It is led by directors including Manali Jayant Parekh and Rajiv Ramniklal Jhaveri.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1616 Prasad Chambers Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.95 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹7.69 Cr (net margin 38.6%) and EBITDA of ₹14.03 Cr (EBITDA margin 70.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
Its group structure includes 1 subsidiary.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shahmehta.com.
Company details
Recognitions & Rankings of Shah Mehta Holding
Contact details
Shah Mehta Holding Private Limited's registered office is in Mumbai, Maharashtra. Its website is shahmehta.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1616 Prasad Chambers Opera House, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Shah Mehta Holding 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
Business activity
The main business activity of Shah Mehta Holding is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Shah Mehta Holding Private Limited, buy the company report.
Financials of Shah Mehta Holding Private Limited
FY 2024 filings availableShah Mehta Holding Private Limited reported revenue of ₹19.95 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 69% 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 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 | ₹14.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.69 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.3% | ||||
| Net Profit Margin | 38.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shah Mehta Holding Private Limited, buy the company report.
Board of directors of Shah Mehta Holding Private Limited
Shah Mehta Holding has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manali Jayant Parekh Also directs: Lumos Enterprise LLP, Rosy Blue (India) Private Limited, Purab Entertainment LLP and 1 more | Director | 12 Dec 2020 | 5 Years 10 Months | Current |
| Rajiv Ramniklal Jhaveri | Director | 23 Apr 2004 | 22 Years 6 Months | Current |
| Russell Arunkumar Mehta | Director | 16 Aug 2003 | 23 Years 2 Months | Current |
| Anuj Ramesh Sah Also directs: Bio-Natural Trading LLP, TVS Holdings Limited | Director | 12 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Shah Mehta Holding Private Limited is audited by SCA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SCA AND ASSOCIATES | FY 2022 | 101174W |
Shareholding
The shareholding of Shah Mehta Holding Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shah Mehta Holding Private Limited, buy the company report.
Legal cases
Shah Mehta Holding Private Limited has 6 court cases on record: 5 filed by Shah Mehta Holding, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Metropolitan Overseas Ltd., Cin Nou24230mh1989plc053959 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Vast Media Network Pvt Ltd and 2 others | Disposed |
| Bombay High Court | Company petition | Filed by the company against Metropolitan Overseas Ltd., Cin Nou24230mh1989plc053959 | Disposed |
| Bombay High Court | Court case (OLR) | Filed against the company by Official Liquidator of Metropolitan Overseas Ltd. (in Liquidation) | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Shah Mehta Holding Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Shah Mehta Holding Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M M Nissim & Co LLP |
To see the full MSME payment records of Shah Mehta Holding Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shah Mehta Holding has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| RB One Source Private Limited | U74140MH2006PTC164099 |
To see the full group structure of Shah Mehta Holding Private Limited, buy the company report.
GST
Shah Mehta Holding has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7608F1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shah Mehta Holding Private Limited, buy the company report.
Recent activity
Shah Mehta Holding Private Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Anuj Ramesh Sah ceased to be Additional Director on 26 Dec 2020.
Frequently asked questions
Shah Mehta Holding is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 05 April 1994 (32+ years old) and is registered under CIN U67120MH1994PTC077544.
Shah Mehta Holding has 4 current directors:
- Manali Jayant Parekh - Director
- Rajiv Ramniklal Jhaveri - Director
- Russell Arunkumar Mehta - Director
- Anuj Ramesh Sah - Director
The latest financial statements of Shah Mehta Holding on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shah Mehta Holding is 27AAACS7608F1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shah Mehta Holding is U67120MH1994PTC077544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Mehta Holding has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Shah Mehta Holding was incorporated on 05 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Anuj Ramesh Sah ceased to be Additional Director on 26 Dec 2020. Manali Jayant Parekh ceased to be Additional Director on 26 Dec 2020. Anuj Ramesh Sah was appointed as Director on 12 Dec 2020. Shah Mehta Holding has 9 board changes on record in total.
Shah Mehta Holding has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 18 Apr 2024.
Shah Mehta Holding can be reached through the website shahmehta.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shah Mehta Holding is at 1616 Prasad Chambers Opera House, Mumbai, Maharashtra, India – 400004.

