Budhinath Advisory Services Private Limited
About Budhinath Advisory Services Private Limited
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Budhinath Advisory Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 05 December 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2006PTC166006. Its GSTIN is 27AAECM8796Q1ZA (Maharashtra).
The company had an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.75 Cr. It was formerly known as Sarvagyaya Advisory Services Private Limited and Varpradaya Advisory Services Private Limited. It was led by directors Rajesh Sharma and Suresh Gattani.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 1 – B Court Chambers 35 Sir Vithaldas Thakersey Marg, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.68 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 54.9%) and EBITDA of ₹4.22 Cr (EBITDA margin 74.4%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 325% over five years.
Its group structure included 1 subsidiary.
Company details
Name history
Budhinath Advisory Services has undergone 12 name changes throughout its history. The current legal name is Budhinath Advisory Services Private Limited.
| Company Name | Status |
|---|---|
| Budhinath Advisory Services Private Limited | Current |
| Sarvagyaya Advisory Services Private Limited | Previous |
| Varpradaya Advisory Services Private Limited | Previous |
| Wealthspring Management Consultants Private Limited | Previous |
| Wealthspring Infrastructure And Advisory Services Private Limited | Previous |
| Wealthspring Corporate Advisors Private Limited | Previous |
| Mayurpalaya Advisory Services Private Limited | Previous |
| Emerging India Management Consultants Private Limited | Previous |
| Ameyaya Advisory Services Private Limited | Previous |
| Wealthspring Management Solution Private Limited | Previous |
| Modaya Advisory Services Private Limited | Previous |
| Money Matters Infrastructures Private Limited | Previous |
| Emerging India Management Solution Private Limited | Previous |
CIN history
Budhinath Advisory Services has one previous CIN (Corporate Identification Number): U45201MH2006PTC166006. The current CIN is U74110MH2006PTC166006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2006PTC166006 | Current |
| U45201MH2006PTC166006 | Previous |
Contact details
Budhinath Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – B Court Chambers 35 Sir Vithaldas Thakersey Marg, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Budhinath 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
Business activity
The main business activity of Budhinath Advisory Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Budhinath Advisory Services Private Limited, buy the company report.
Financials of Budhinath Advisory Services Private Limited
FY 2022 filings availableBudhinath Advisory Services Private Limited reported revenue of ₹5.68 Cr (up 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 325% over five years, including 9% growth in the latest year. EBITDA fell 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹4.22 Cr | ||||
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| Net Profit (PAT) | ₹3.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 74.4% | ||||
| Net Profit Margin | 54.9% | ||||
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To see the full financial statements and ratios of Budhinath Advisory Services Private Limited, buy the company report.
Board of directors of Budhinath Advisory Services Private Limited
Budhinath 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 |
|---|---|---|---|---|
| Rajesh Sharma Also directs: Capri Xponentia Managers LLP, Capri Associates LLP, Capri Finserv Advisors LLP and 5 more | Director | 05 Dec 2006 | 19 Years 10 Months | As last reported |
| Suresh Gattani | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
Auditor
Budhinath Advisory Services Private Limited is audited by S.K. Patodia & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. Patodia & Associates | FY 2017 | 112723W |
Shareholding
The shareholding of Budhinath Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Budhinath Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Budhinath 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 Budhinath Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Budhinath Advisory Services has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Overview Properties Private Limited | U70101MH2010PTC207288 |
To see the full group structure of Budhinath Advisory Services Private Limited, buy the company report.
GST
Budhinath Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM8796Q1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Budhinath Advisory Services Private Limited, buy the company report.
Recent activity
Budhinath Advisory Services Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Suresh Gattani ceased to be Additional Director on 24 Sep 2015.
Frequently asked questions
Budhinath Advisory Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Budhinath Advisory Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 05 December 2006 and is registered under CIN U74110MH2006PTC166006. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Budhinath Advisory Services was incorporated on 05 December 2006. It is registered with the Registrar of Companies, Mumbai.
Budhinath Advisory Services had 2 directors:
- Rajesh Sharma - Director
- Suresh Gattani - Director
The CIN (Corporate Identification Number) of Budhinath Advisory Services is U74110MH2006PTC166006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Budhinath Advisory Services is at 1 – B Court Chambers 35 Sir Vithaldas Thakersey Marg, Mumbai, Maharashtra, India – 400020.
The latest financial statements of Budhinath Advisory Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Budhinath Advisory Services is 27AAECM8796Q1ZA, registered in Maharashtra.
Budhinath Advisory Services operated in the financial services industry, in the investment banking and advisory segment.
Suresh Gattani ceased to be Additional Director on 24 Sep 2015. Ashok Kumar Ratanlal Agarwal ceased to be Director on 31 Mar 2015. Suresh Gattani was appointed as Director on 31 Mar 2015. Budhinath Advisory Services has 6 board changes on record in total.