About Aarayaa Advisory Services Private Limited
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Aarayaa Advisory Services 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 08 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC086171. Its GSTIN is 27AACCM6723D1ZO (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹55.16 Lakh. It was formerly known as Moncon Share and Stock Brokers Private Limited and Aarayaa Cross Border Advisors Private Limited. It is led by directors Raj Pradip Shroff and Hemendra Jitendra Shroff.
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 24/26 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.5 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 22.4%) and EBITDA of ₹1.46 Cr (EBITDA margin 32.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company is associated with 1 brand: Aarayaa.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aarayaa.com.
Company details
Name history
Aarayaa Advisory Services has undergone 2 name changes throughout its history. The company was previously known as Moncon Share And Stock Brokers Private Limited, and Aarayaa Cross Border Advisors Private Limited. The current legal name is Aarayaa Advisory Services Private Limited.
| Company Name | Status |
|---|---|
| Aarayaa Advisory Services Private Limited | Current |
| Moncon Share And Stock Brokers Private Limited | Previous |
| Aarayaa Cross Border Advisors Private Limited | Previous |
CIN history
Aarayaa Advisory Services has one previous CIN (Corporate Identification Number): U67120MH2003PTC086171. The current CIN is U67120MH1995PTC086171, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PTC086171 | Current |
| U67120MH2003PTC086171 | Previous |
Contact details
Aarayaa Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is aarayaa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address24/26 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Aarayaa Advisory Services 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
Aarayaa Advisory Services operates one associated brand: Aarayaa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Corporate finance advisory services are offered in mergers and acquisitions, private equity, and international tax planning. | aarayaa.com |
Business activity
The main business activity of Aarayaa Advisory Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Aarayaa Advisory Services Private Limited, buy the company report.
Financials of Aarayaa Advisory Services Private Limited
FY 2025 filings availableAarayaa Advisory Services Private Limited reported revenue of ₹4.5 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 11% fall in the latest year. EBITDA fell 11% 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 | ₹1.46 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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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 | 32.5% | ||||
| Net Profit Margin | 22.4% | ||||
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To see the full financial statements and ratios of Aarayaa Advisory Services Private Limited, buy the company report.
Board of directors of Aarayaa Advisory Services Private Limited
Aarayaa Advisory Services 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 |
|---|---|---|---|---|
| Raj Pradip Shroff Also directs: Arodyne Chemicals Limited, Sakthifinance Financial Services Limited, Budh Holdings and Trading Co Pvt Ltd and 1 more | Director | 05 May 2004 | 22 Years 5 Months | Current |
| Hemendra Jitendra Shroff Also directs: Arodyne Chemicals Limited, Budh Holdings and Trading Co Pvt Ltd, Eigentum International LLP and 5 more | Director | 31 Jan 2015 | 11 Years 8 Months | Current |
Auditor
Aarayaa Advisory Services Private Limited is audited by A N DAMANIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N DAMANIA & CO. | FY 2023 | 040166 |
Shareholding
The shareholding of Aarayaa Advisory Services 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 Aarayaa Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aarayaa Advisory Services 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 Aarayaa Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aarayaa Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6723D1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aarayaa Advisory Services Private Limited, buy the company report.
Recent activity
Aarayaa Advisory Services Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Pankaj Harshadrai Sanghavi ceased to be Director on 03 Nov 2023.
Frequently asked questions
Aarayaa Advisory Services 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 08 March 1995 (31+ years old) and is registered under CIN U67120MH1995PTC086171.
Aarayaa Advisory Services has 2 current directors:
- Raj Pradip Shroff - Director
- Hemendra Jitendra Shroff - Director
The latest financial statements of Aarayaa Advisory Services 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 Aarayaa Advisory Services is 27AACCM6723D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aarayaa Advisory Services is U67120MH1995PTC086171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarayaa Advisory Services was incorporated on 08 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Pankaj Harshadrai Sanghavi ceased to be Director on 03 Nov 2023. Ketan Pravin Shroff ceased to be Director on 07 Feb 2022. Hemendra Jitendra Shroff was appointed as Director on 31 Jan 2015. Aarayaa Advisory Services has 6 board changes on record in total.
Aarayaa Advisory Services can be reached through the website aarayaa.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aarayaa Advisory Services is at 2426 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
Aarayaa Advisory Services operates in the business outsourcing industry, in the business and IT consulting segment.