Athena Advisory Services Private Limited

Athena Advisory Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U93000MH2008PTC179990 Incorporated 12 March 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹4.42 Cr
▲ 173% YoY
Net loss · FY 2025
₹6.33 Lakh
Net margin -1.4%
EBITDA · FY 2025
₹34.37 Lakh
EBITDA margin 7.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹47.27 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Athena Advisory Services Private Limited

Data last updated:

Athena Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 12 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2008PTC179990. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.27 Lakh. It was formerly known as Gvrs Securities Private Limited. It is led by directors Ravikant Ramgopal Rathi and Shashikant Ram Gopal Rathi.

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 203 Shyam Kamal A Wing Tejpal Road Vile Parle (East), Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.33 Lakh (net margin -1.4%) and EBITDA of ₹34.37 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 36% over five years.

The company is associated with 1 brand: Athena Advisors. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

Athena Advisory Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000790). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website athenaadvisors.co.in.

Company details

CIN U93000MH2008PTC179990
Registration Number 179990
Incorporation Date 12 March 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0000790

CIN history

Athena Advisory Services has one previous CIN (Corporate Identification Number): U67120MH2008PTC179990. The current CIN is U93000MH2008PTC179990, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U93000MH2008PTC179990Current
U67120MH2008PTC179990Previous
Key People
Ravikant Ramgopal Rathi Director Shashikant Ram Gopal Rathi Director

Recognitions & Rankings of Athena Advisory Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0000790

Contact details

Athena Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is athenaadvisors.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    athenaadvisors.co.in
  • Social Media
  • Registered Address
    203 Shyam Kamal A Wing Tejpal Road Vile Parle (East), Mumbai, Maharashtra, India – 400059
  • Industry
    Financial Services, Brokerage & Trading Services

To see the full contact details of Athena Advisory Services Private Limited, buy the company report.

Comprehensive company report
Athena Advisory Services Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Athena Advisory Services operates one associated brand: Athena Advisors. Each brand links to its own profile.

BrandDescriptionWebsite
Athena Advisors
Offers business consultancy and online learning in finance and skills training services.athenaadvisors.co.in

Business activity

The main business activity of Athena Advisory Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Athena Advisory Services Private Limited, buy the company report.

Financials of Athena Advisory Services Private Limited

FY 2025 filings available

Athena Advisory Services Private Limited reported revenue of ₹4.42 Cr (up 173% YoY) for FY 2025.

Revenue · FY 2025
₹4.42 Cr ▲ 173%
Net loss · FY 2025
₹6.33 Lakh margin -1.4%
EBITDA · FY 2025
₹34.37 Lakh margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 173%
3 years · compounded
▲ 96%
5 years · compounded
▲ 36%
EBITDA CAGR growth
3 years · compounded
▲ 14%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 173% growth 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹34.37 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.33 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.8%
Net Profit Margin-1.4%
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

To see the full financial statements and ratios of Athena Advisory Services Private Limited, buy the company report.

Board of directors of Athena Advisory Services Private Limited

Athena Advisory Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravikant Ramgopal Rathi
Also directs: Athena Constructions Limited, Facts Share Shoppe Private Limited, Facts Share and Stock Broking Private Limited
Director05 Sep 20224 Years 1 MonthsCurrent
Shashikant Ram Gopal Rathi
Also directs: Athena Constructions Limited, Athena Wealth Advisors Private Limited
Director01 Aug 20233 Years 2 MonthsCurrent
View all directors

Auditor

Athena Advisory Services Private Limited is audited by KRINA VORA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KRINA VORA & ASSOCIATESFY 2022150358

Shareholding

The shareholding of Athena Advisory Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Athena Advisory Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Athena Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Athena Advisory Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Athena Advisory Services Private Limited, buy the company report.

Recent activity

Athena Advisory Services Private Limited has 16 board changes on record since 2008: 9 appointments and 7 cessations. The latest: Ketan Bhupatlal Shah ceased to be Additional Director on 21 Aug 2023.

AGM
Athena Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Athena Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ketan Bhupatlal Shah ceased to be Additional Director.
Ceased
Santosh Chandrashekhar Nagar ceased to be Director.
Appointed
Shashikant Ram Gopal Rathi was appointed as Director.
Appointed
Ravikant Ramgopal Rathi was appointed as Director.
Ceased
Archana Ravi Rathi ceased to be Director.
Appointed
Archana Ravi Rathi was appointed as Director.
Ceased
Arun Kant Rathi ceased to be Additional Director.
Appointed
Ketan Bhupatlal Shah was appointed as Additional Director.
Appointed
Arun Kant Rathi was appointed as Additional Director.
Ceased
Hitesh Pithadia ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Athena Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 12 March 2008 (18+ years old) and is registered under CIN U93000MH2008PTC179990.

Athena Advisory Services has 2 current directors:

The latest financial statements of Athena 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.

No. Athena Advisory Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Athena Advisory Services is U93000MH2008PTC179990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Athena Advisory Services has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Athena Advisory Services was incorporated on 12 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Ketan Bhupatlal Shah ceased to be Additional Director on 21 Aug 2023. Santosh Chandrashekhar Nagar ceased to be Director on 21 Aug 2023. Shashikant Ram Gopal Rathi was appointed as Director on 01 Aug 2023. Athena Advisory Services has 16 board changes on record in total.

Yes, Athena Advisory Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0000790).

Athena Advisory Services can be reached through the website athenaadvisors.co.in. Its registered office is in Mumbai, Maharashtra, India.