- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0283643

About Special Situation Advisors (India) Private Limited
Data last updated:
Special Situation Advisors (India) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2010PTC203505. Its GSTIN is 27AAOCS4839E1ZZ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Special Situation Advisors Private Limited. It is led by directors including Shailendra Madhavrao Dhakadey and Amol Madhavrao Dhakadey.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹27.71 Lakh (net margin 27.6%) and EBITDA of ₹59.19 Lakh (EBITDA margin 58.9%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 32% over five years.
The company is associated with 1 brand: Special Situation Advisors. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
Special Situation Advisors (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0283643). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website specialsituation.in.
Company details
CIN history
Special Situation Advisors (India) has one previous CIN (Corporate Identification Number): U67100MH2010PTC203505. The current CIN is U74110MH2010PTC203505, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2010PTC203505 | Current |
| U67100MH2010PTC203505 | Previous |
Recognitions & Rankings of Special Situation Advisors (India)
Contact details
Special Situation Advisors (India) Private Limited's registered office is in Thane, Maharashtra. Its website is specialsituation.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1030 J Wing, Akshar Business Park Plot No. 3 Sector – 25 Vashi, Thane, Maharashtra, India – 400703
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Special Situation Advisors (India) 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
Special Situation Advisors (India) operates one associated brand: Special Situation Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory services in distressed debt and investments. | specialsituation.in |
Business activity
The main business activity of Special Situation Advisors (India) is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Special Situation Advisors (India) Private Limited, buy the company report.
Financials of Special Situation Advisors (India) Private Limited
FY 2025 filings availableSpecial Situation Advisors (India) Private Limited reported revenue of ₹1 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA fell 29% 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 |
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| EBITDA | ₹59.19 Lakh | ||||
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| Net Profit (PAT) | ₹27.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.9% | ||||
| Net Profit Margin | 27.6% | ||||
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To see the full financial statements and ratios of Special Situation Advisors (India) Private Limited, buy the company report.
Board of directors of Special Situation Advisors (India) Private Limited
Special Situation Advisors (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Madhavrao Dhakadey Also directs: Prajna Selfcare Private Limited | Director | 28 May 2010 | 16 Years 5 Months | Current |
| Amol Madhavrao Dhakadey Also directs: Triratna Associates Private Limited | Director | 28 May 2010 | 16 Years 5 Months | Current |
| Swati Dhakadey Also directs: Prajna Selfcare Private Limited | Additional Director | 15 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Special Situation Advisors (India) Private Limited is audited by GUNDHER & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUNDHER & CO | FY 2019 | 116581W |
Shareholding
The shareholding of Special Situation Advisors (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Special Situation Advisors (India) Private Limited, buy the company report.
Legal cases
Special Situation Advisors (India) Private Limited has 5 court cases on record: 3 filed by Special Situation Advisors (India), 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Bank of India | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Bank of India | Pending |
| High Court | Arbitration matter | Filed by the company against Bank of India | Disposed |
| Supreme Court | Court case (4201-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by Central Government) | Filed against the company by Bank of India Through Its Authorised Signatory: Mr. Rajesh Sindwani Having Office at: Star House, C-5, G-Block, Bandra Kurla Complex (E) ,Mumbai , Maharashtra | Disposed |
| High Court, MAHARASHTRA | Court case (COMSS) | Filed by the company against Bank of India | Disposed |
To see the full case history of Special Situation Advisors (India) 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
No delayed payments to MSME suppliers are on our record for Special Situation Advisors (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Special Situation Advisors (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS4839E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Special Situation Advisors (India) Private Limited, buy the company report.
Recent activity
Special Situation Advisors (India) Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Swati Dhakadey was appointed as Additional Director on 15 Jul 2020.
Frequently asked questions
Special Situation Advisors (India) is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 May 2010 (16+ years old) and is registered under CIN U74110MH2010PTC203505.
Special Situation Advisors (India) has 3 current directors:
- Shailendra Madhavrao Dhakadey - Director
- Amol Madhavrao Dhakadey - Director
- Swati Dhakadey - Additional Director
The latest financial statements of Special Situation Advisors (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Special Situation Advisors (India) is 27AAOCS4839E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Special Situation Advisors (India) is U74110MH2010PTC203505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Special Situation Advisors (India) has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Special Situation Advisors (India) was incorporated on 28 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Swati Dhakadey was appointed as Additional Director on 15 Jul 2020. Amol Madhavrao Dhakadey was appointed as Director on 28 May 2010. Shailendra Madhavrao Dhakadey was appointed as Director on 28 May 2010.
Yes, Special Situation Advisors (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0283643).
Special Situation Advisors (India) can be reached through the website specialsituation.in. Its registered office is in Thane, Maharashtra, India.

