About Tapas Business Advisory Private Limited
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Tapas Business Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC229900. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pecan Advisors Private Limited. It is led by directors Dharmendra Minawala Arvindbhai and Kirti Vishwanath Kedia.
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 Unit No C – 109 85/86 M V Roadhind Saurashtra Indl Estate Marol Naka Andheri East Mumbai, 400059, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹74,362 (net margin -0.2%) and EBITDA of -₹1 Lakh (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
Court records list 1 case involving the company, including 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 pecanadvisors.com.
Company details
Contact details
Tapas Business Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is pecanadvisors.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No C – 109 85/86 M V Roadhind Saurashtra Indl Estate Marol Naka Andheri East Mumbai, 400059, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Tapas Business 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
Business activity
The main business activity of Tapas Business Advisory is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Tapas Business Advisory Private Limited, buy the company report.
Financials of Tapas Business Advisory Private Limited
FY 2025 filings availableTapas Business Advisory Private Limited reported revenue of ₹3.6 Cr (up 341147% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years. EBITDA fell 661% 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 | -₹1 Lakh | ||||
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| Net Profit (PAT) | -₹74,362 | ||||
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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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| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Tapas Business Advisory Private Limited, buy the company report.
Board of directors of Tapas Business Advisory Private Limited
Tapas Business Advisory has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendra Minawala Arvindbhai | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
| Kirti Vishwanath Kedia | Director | 11 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Tapas Business Advisory Private Limited is audited by NILAY D SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILAY D SHAH & ASSOCIATES | FY 2019 | 130392W |
Shareholding
The shareholding of Tapas Business Advisory 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 Tapas Business Advisory Private Limited, buy the company report.
Legal cases
Tapas Business Advisory Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Transcon Developers Private Limited | Disposed |
To see the full case history of Tapas Business Advisory 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 Tapas Business Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tapas Business Advisory has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tapas Business Advisory Private Limited, buy the company report.
Recent activity
Tapas Business Advisory Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Hemal Purshotam Zaveri ceased to be Director on 12 Dec 2025.
Frequently asked questions
Tapas Business Advisory is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 April 2012 (14+ years old) and is registered under CIN U74999MH2012PTC229900.
Tapas Business Advisory has 2 current directors:
- Dharmendra Minawala Arvindbhai - Director
- Kirti Vishwanath Kedia - Director
The latest financial statements of Tapas Business 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.
No. Tapas Business Advisory has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tapas Business Advisory is U74999MH2012PTC229900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tapas Business Advisory has 1 court case on record: 1 filed against it.
Tapas Business Advisory was incorporated on 19 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemal Purshotam Zaveri ceased to be Director on 12 Dec 2025. Kirti Vishwanath Kedia was appointed as Director on 11 Dec 2025. Dharmendra Minawala Arvindbhai was appointed as Director on 20 Aug 2020. Tapas Business Advisory has 8 board changes on record in total.
Tapas Business Advisory can be reached through the website pecanadvisors.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tapas Business Advisory is at Unit No C – 109 8586 M V Roadhind Saurashtra Indl Estate Marol Naka Andheri East Mumbai, 400059, Maharashtra, India – 400059.
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