Advent Fiscal Private Limited
About Advent Fiscal Private Limited
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Advent Fiscal Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 19 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1995PTC095494. Its GSTIN is 27AAACA5333K1ZR (Maharashtra).
The company has an authorised share capital of ₹5.95 Cr and a paid-up capital of ₹4.76 Cr. It is led by directors Narendra Narayan Hete and Aruna Narendra Hete.
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 53/1 Media Info Tech Park Road No. 7 Nr. Akruti Trade Centre Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.15 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -91.3%) and EBITDA of -₹61.35 Lakh (EBITDA margin -53.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Advent Fiscal Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53/1 Media Info Tech Park Road No. 7 Nr. Akruti Trade Centre Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Advent Fiscal 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 Advent Fiscal 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 Advent Fiscal Private Limited, buy the company report.
Financials of Advent Fiscal Private Limited
FY 2025 filings availableAdvent Fiscal Private Limited reported revenue of ₹1.15 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 7% fall in the latest year. EBITDA rose 80% 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 | -₹61.35 Lakh | ||||
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| Net Profit (PAT) | -₹1.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -53.5% | ||||
| Net Profit Margin | -91.3% | ||||
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To see the full financial statements and ratios of Advent Fiscal Private Limited, buy the company report.
Board of directors of Advent Fiscal Private Limited
Advent Fiscal 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 |
|---|---|---|---|---|
| Narendra Narayan Hete | Director | 06 Mar 2009 | 17 Years 7 Months | Current |
| Aruna Narendra Hete Also directs: Valuable Infrastructure Private Limited, Valuable Infotainment Private Limited, Valuable Destinations Private Limited and 2 more | Director | 06 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Advent Fiscal Private Limited is audited by SHAH & TAPARIA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & TAPARIA | FY 2019 | 109463W |
Shareholding
The shareholding of Advent Fiscal 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 Advent Fiscal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2020 | 100367170 | Others | ₹20 Lakh | Satisfied |
To see the full charge records of Advent Fiscal Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Advent Fiscal Private Limited has 2 court cases on record: 1 filed by Advent Fiscal, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Income-Tax Settlement Commissioner, Additional Bench-I, Mumbai and 3 Ors. | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Advent Fiscal 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 Advent Fiscal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Advent Fiscal has 5 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Advent Fiscal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA5333K1ZR | Maharashtra | Active | 18 Dec 2018 |
To see the full GST registrations and return filing status of Advent Fiscal Private Limited, buy the company report.
Recent activity
Advent Fiscal Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Aruna Narendra Hete ceased to be Additional Director on 18 Sep 2009.
Frequently asked questions
Advent Fiscal is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 19 December 1995 (31+ years old) and is registered under CIN U67190MH1995PTC095494.
Advent Fiscal has 2 current directors:
- Narendra Narayan Hete - Director
- Aruna Narendra Hete - Director
The latest financial statements of Advent Fiscal 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 Advent Fiscal is 27AAACA5333K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advent Fiscal is U67190MH1995PTC095494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advent Fiscal has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Advent Fiscal was incorporated on 19 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Aruna Narendra Hete ceased to be Additional Director on 18 Sep 2009. Narendra Narayan Hete ceased to be Additional Director on 18 Sep 2009. Bharmal Lodha ceased to be Director on 24 Mar 2009. Advent Fiscal has 6 board changes on record in total.
The registered office of Advent Fiscal is at 531 Media Info Tech Park Road No. 7 Nr. Akruti Trade Centre Andheri East, Mumbai, Maharashtra, India – 400093.
Advent Fiscal operates in the financial services industry, in the investment and credit nbfc segment.
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