Essar Advisory Services Limited - Company Profile

It is a financial services public limited company based in Vadodara, Gujarat, India, established in 2007.

2007 Vadodara, Gujarat, India Active

Last Updated: December 27, 2025

About Essar Advisory Services Limited

Essar Advisory Services Limited, a active public limited company, was established on 16 January 2007 in Vadodara, Gujarat, India. Engaging in diversified financial services within the support service to organizations sector, it holds CIN: U24119GJ2007PLC049785. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹70.00 Cr and a paid-up capital of ₹69.18 Cr.

Formerly known as Essar Gujarat Petrochemicals Limited. It upholds a compliant status. Employing 21 professional, Its leadership includes Kapil Purohit (Cfo), Srikar Gopalrao Kowlikar (Whole-Time Director), Manishkumar Satyanarayan Kedia (Director). Past directors included Vijay Kalaram Dharia, Amar Harshad Fadia, Narendra Champaklal Vachharajani. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 601, 6Th Floor, Indra Complex Near Namrata Society, Manjalpur,, Vadodara, Gujarat, 390004.

Company Details

CIN/LLPIN
U24119GJ2007PLC049785
Registration Number
049785
Incorporation Date
16 January 2007
Authorized Capital
₹70.00 Cr
Paid-Up Capital
₹69.18 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 70.00 Cr as on 27-12-2025
Paid Up Capital ₹ 69.18 Cr as on 27-12-2025
Company Age 19 Year, 27 Days
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 354.61% (FY 2021)
Profit Growth **** -293.10% (FY 2021)
Ebitda **** -292.96% (FY 2021)
Net Worth -7.86% (FY 2021)
Total Assets **** 40.77% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Essar Advisory Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Essar Advisory Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kapil Purohit	Cfo	01 Oct 2024	Current
Srikar Gopalrao Kowlikar	Whole-Time Director	27 Dec 2021	Current
Manishkumar Satyanarayan Kedia	Director	21 May 2019	Current
Suresh Sundaram	Director	21 May 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	08 Jun 2010	Past
Pramod Abcsdd	Director	05 Apr 2010	Past
Pramod Abcsdd	Director	31 Mar 2017	Past
Pramod Abcsdd	Additional Director	29 Sep 2022	Past
Pramod Abcsdd	Additional Director	21 May 2019	Past
Pramod Abcsdd	Director	30 Mar 2016	Past

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Financial Performance of Essar Advisory Services.

Essar Advisory Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 354.61% increase. The company also saw a substantial fall in profitability, with a 293.1% decrease in profit. The company's net worth dipped by a decrease of 7.86%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

354.61%

*******

Revenue from Operations

*******

356.67%

*******

Total Assets

*******

40.77%

*******

Profit or Loss

*******

-293.10%

*******

Net Worth

*******

-7.86%

*******

EBITDA

*******

-292.96%

*******

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What is the Ownership and Shareholding Structure of Essar Advisory Services?

In 2021, Essar Advisory Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Essar Advisory Services?

Essar Advisory Services has a workforce of 21 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Essar Advisory Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Essar Advisory Services's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Essar Advisory Services

Recent Activity within the Organization

Director Appointment

Kapil Purohit was appointed as a Cfo was appointed as a Cfo on 10 Feb 2025 & has been associated with this company since 1 year 1 day . was recorded as a recent event.
10 Feb 2025
Director Appointment

Progress on Kapil Purohit was appointed as a CFO was appointed as a CFO on 01 Oct 2024 & has been associated with this company since 1 year 4 months . was documented.
01 Oct 2024
Annual General Meeting

Progress on Essar Advisory Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

The activity Essar Advisory Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.
31 Mar 2024
Director Appointment

Progress on Ashish Kumar Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 28 Mar 2022 & has been associated with this company since 3 years 10 months . was documented.
28 Mar 2022
Director Appointment

Progress on Srikar Gopalrao Kowlikar was appointed as a Whole-time director was appointed as a Whole-time director on 27 Dec 2021 & has been associated with this company since 4 years 1 month . was documented.
27 Dec 2021

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