Bay Capital Advisors Private Limited
About Bay Capital Advisors Private Limited
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Bay Capital Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2001PTC131117. Its GSTIN is 27AABCB6529P1Z7 (Maharashtra).
The company has an authorised share capital of ₹45.05 Cr and a paid-up capital of ₹44.7 Cr. It was formerly known as Indus Equicap Consultancy Private Limited and Indus Equicap Consultancy Limited. It is led by directors Kirit Dhanji Sheth and Siddharth Dinesh Mehta.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14th Floor Bakhtawar Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.54 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹78.96 Lakh (net margin -31.1%) and EBITDA of -₹6.02 Lakh (EBITDA margin -2.4%). Revenue has declined at a compounded annual rate (CAGR) of 605% over three years and 10% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Bay Capital Advisors has undergone 2 name changes throughout its history. The company was previously known as Indus Equicap Consultancy Private Limited, and Indus Equicap Consultancy Limited. The current legal name is Bay Capital Advisors Private Limited.
| Company Name | Status |
|---|---|
| Bay Capital Advisors Private Limited | Current |
| Indus Equicap Consultancy Private Limited | Previous |
| Indus Equicap Consultancy Limited | Previous |
CIN history
Bay Capital Advisors has one previous CIN (Corporate Identification Number): U67120MH2001PLC131117. The current CIN is U67120MH2001PTC131117, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH2001PTC131117 | Current |
| U67120MH2001PLC131117 | Previous |
Contact details
Bay Capital Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14th Floor Bakhtawar Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Bay Capital Advisors 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
Financials of Bay Capital Advisors Private Limited
FY 2025 filings availableBay Capital Advisors Private Limited reported revenue of ₹2.54 Cr (up 19% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| Net Profit Margin | -31.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Bay Capital Advisors Private Limited, buy the company report.
Board of directors of Bay Capital Advisors Private Limited
Bay Capital Advisors has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirit Dhanji Sheth Also directs: Vivea Holdings and Services Private Limited, Pune Urban Recyclers Private Limited, Wachstum Trading Private Limited and 2 more | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Siddharth Dinesh Mehta | Director | 04 Jan 2013 | 13 Years 10 Months | Current |
Auditor
Bay Capital Advisors Private Limited is audited by HINGORA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HINGORA & CO | FY 2018 | 103679W |
Shareholding
The shareholding of Bay Capital Advisors Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bay Capital Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bay Capital Advisors 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 Bay Capital Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bay Capital Advisors has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bay Capital Investment Advisors Private Limited | U74140MH2006PTC166367 |
To see the full group structure of Bay Capital Advisors Private Limited, buy the company report.
GST
Bay Capital Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB6529P1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bay Capital Advisors Private Limited, buy the company report.
Recent activity
Bay Capital Advisors Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Kirit Dhanji Sheth ceased to be Additional Director on 16 Sep 2024.
2 earlier events are in the company report.
Frequently asked questions
Bay Capital Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 March 2001 (25+ years old) and is registered under CIN U67120MH2001PTC131117.
Bay Capital Advisors has 2 current directors:
- Kirit Dhanji Sheth - Director
- Siddharth Dinesh Mehta - Director
The latest financial statements of Bay Capital Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bay Capital Advisors is 27AABCB6529P1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bay Capital Advisors is U67120MH2001PTC131117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bay Capital Advisors was incorporated on 07 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Kirit Dhanji Sheth ceased to be Additional Director on 16 Sep 2024. Kirit Dhanji Sheth was appointed as Director on 01 Oct 2023. Sushma Ravindranath Amin ceased to be Additional Director on 22 Sep 2015. Bay Capital Advisors has 11 board changes on record in total.
The registered office of Bay Capital Advisors is at 14th Floor Bakhtawar Nariman Point, Mumbai, Maharashtra, India – 400021.
Bay Capital Advisors operates in the financial services industry, in the diversified financial services segment.
The compliance status of Bay Capital Advisors is active non-compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
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