About Ciie Advisors Private Limited
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Ciie Advisors Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ciie Initiatives. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC099468. Its GSTIN is 24AAHCC2385G1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹7,010. It is led by directors including Kiran Sharadchandra Karnik and Arumugam Aramvalarthanathan.
Its last annual general meeting (AGM) was held on 10 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ciie Building Iim – Ahmedabad New Campus Vastrapur, Gujarat, India – 380015.
As per the financials filed for FY 2026, the company reported a revenue of ₹8.17 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹17.59 Lakh (net margin 2.2%) and EBITDA of ₹24.99 Lakh (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: IIMA, CIIE, IIMA Ventures and Bharat Fund.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ciie.co.
Company details
Contact details
Ciie Advisors Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ciie.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCiie Building Iim – Ahmedabad New Campus Vastrapur, Gujarat, India – 380015
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ciie 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
Brands
Ciie Advisors operates multiple associated brands including IIMA, CIIE, and IIMA Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Courses and degrees in management are offered by IIMA university. | iima.ac.in | |
| Startup incubator | ciie.co | |
| Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | |
| Funding for IP-driven deep-tech and digitization-led inclusive solutions. | bharat.fund |
Business activity
The main business activity of Ciie Advisors is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Ciie Advisors Private Limited, buy the company report.
Financials of Ciie Advisors Private Limited
FY 2026 filings availableCiie Advisors Private Limited reported revenue of ₹8.17 Cr (up 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 81% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.17 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹24.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ciie Advisors Private Limited, buy the company report.
Board of directors of Ciie Advisors Private Limited
Ciie Advisors has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Sharadchandra Karnik Also directs: National Association of Software and Service Companies | Director | 25 Mar 2018 | 8 Years 7 Months | Current |
| Arumugam Aramvalarthanathan Also directs: Gestalt Network LLP, Sprinter Ventures LLP, Translation Endeavors Private Limited and 2 more | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Neharika Vohra | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Kunal Upadhyay Also directs: Sprinter Ventures LLP, Ciie Initiatives | Director | 13 Oct 2017 | 9 Years 0 Months | Current |
| Rakesh Basant Also directs: Itivrat Foundation | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Ciie Advisors Private Limited is audited by C N K KHANDWALA & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K KHANDWALA & ASSOCIATES | FY 2026 | 107647W |
Shareholding
The shareholding of Ciie Advisors Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ciie Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ciie 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 Ciie Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ciie Advisors Private Limited has a workforce of 7 employees on its EPFO records as of Nov 29, 2024, across 1 active EPFO establishment.
GST
Ciie Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCC2385G1ZR | Gujarat | Active | 30 Nov 2017 |
To see the full GST registrations and return filing status of Ciie Advisors Private Limited, buy the company report.
Recent activity
Ciie Advisors Private Limited has 6 board changes on record since 2017: 5 appointments and 1 cessation. The latest: Shyam Menon ceased to be Director on 01 May 2024.
News
Frequently asked questions
Ciie Advisors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 October 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC099468.
Ciie Advisors has 5 current directors:
- Kiran Sharadchandra Karnik - Director
- Arumugam Aramvalarthanathan - Director
- Neharika Vohra - Director
- Kunal Upadhyay - Director
- Rakesh Basant - Director
The latest financial statements of Ciie Advisors on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 August 2026. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Ciie Advisors is 24AAHCC2385G1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Ciie Advisors is U74999GJ2017PTC099468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciie Advisors was incorporated on 13 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shyam Menon ceased to be Director on 01 May 2024. Kiran Sharadchandra Karnik was appointed as Director on 25 Mar 2018. Arumugam Aramvalarthanathan was appointed as Director on 11 Dec 2017. Ciie Advisors has 6 board changes on record in total.
Ciie Advisors can be reached through the website ciie.co. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ciie Advisors is at Ciie Building Iim – Ahmedabad New Campus Vastrapur, Gujarat, India – 380015.
Ciie Advisors operates in the business outsourcing industry, in the business and IT consulting segment.
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