About Aarayaa Advisory Services Private Limited
Data last updated:
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.
Name History of Aarayaa Advisory Services Private Limited
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 of Aarayaa Advisory Services Private Limited
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 |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address24/26 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Associated Brands with Aarayaa Advisory Services Private Limited
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 of Aarayaa Advisory Services Private Limited
The main business activity of Aarayaa Advisory Services 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 Aarayaa Advisory Services Private Limited FY 2025 filings available
Aarayaa Advisory Services Private Limited reported revenue of ₹4.5 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aarayaa Advisory Services Private Limited
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 of Aarayaa Advisory Services 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 | ₹1.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.01 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 of Aarayaa Advisory Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.4% | •••• | •••• | •••• | •••• |
| 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 Aarayaa Advisory Services 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 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 |
Peer Comparison of Aarayaa Advisory Services Private Limited
Aarayaa Advisory Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vansha Wealth Management Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Kash Enertech Solution Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Wilbert Creations Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | 661.0% | •••• | Thane, Maharashtra, India |
| Shilpy Finlease Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Indore, Madhya Pradesh, India |
| Adivi Digitech Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Aarayaa Advisory Services Private Limited this company | ₹4.5 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Sani Multitrades Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Thane, Maharashtra, India |
| Eifle Consulting Services (OPC) Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | 133.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Creaegis Investment Advisers Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Hrehan Venture Advisors Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 7188514.0% | •••• | Mumbai, Maharashtra, India |
| Lamilux India Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Aarayaa Advisory Services by revenue in the Outsourcing industry (Consulting Services), 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 Aarayaa Advisory Services Private Limited
Aarayaa Advisory Services Private Limited is audited by A N DAMANIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A N DAMANIA & 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 Aarayaa Advisory Services 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 Aarayaa Advisory Services Private Limited
Aarayaa Advisory Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aarayaa Advisory Services Private Limited
Employment history and EPFO contributions of people linked to Aarayaa Advisory Services.
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 Aarayaa Advisory Services Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Aarayaa Advisory Services 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 Aarayaa Advisory Services 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 Aarayaa Advisory Services 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 Aarayaa Advisory Services Private Limited
Aarayaa Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6723D1ZO | Maharashtra | Active | 01 Jul 2017 |
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 Aarayaa Advisory Services 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 Aarayaa Advisory Services Private Limited
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 reported revenue of ₹4.5 Cr for FY 2024 (down 11% YoY).
Aarayaa Advisory Services has 2 current directors:
- Raj Pradip Shroff - Director
- Hemendra Jitendra Shroff - Director
Aarayaa Advisory Services reported a net profit of ₹1.01 Cr (net margin 22.4%) and EBITDA of ₹1.46 Cr (EBITDA margin 32.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aarayaa Advisory Services is 18% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Aarayaa Advisory Services by revenue are Vansha Wealth Management Private Limited, Kash Enertech Solution Private Limited, Wilbert Creations Private Limited, Shilpy Finlease Private Limited, Adivi Digitech Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
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.