About Estee Advisors Private Limited
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Estee Advisors Private Limited is a foreign private limited company based in Gandhinagar, Gujarat, India, a subsidiary of Estee Holdings Inc.. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 16 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2019FTC115697. Its GSTIN is 24AAFCE5637D1ZW (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹5.1 Cr. It was formerly known as Estee Fincap Private Limited. It is led by directors including Murlidhara Kadaba and Sandeep Tyagi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹164.18 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹29.63 Cr (net margin 18%) and EBITDA of ₹47.5 Cr (EBITDA margin 28.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 121% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Gulaq and Estee. As per MCA filings, the company has open charges of ₹267 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esteeadvisors.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPo5 – 01A Po5 – 01B Po5 – 01C 5th Floor Tower A Wtc Gift City Block 51 Road 5E Zone 5, Gift City, Gandhinagar, Gujarat, India – 382355
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Estee Advisors Private Limited
The main business activity of Estee Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Estee Advisors Private Limited FY 2025 filings available
Estee Advisors Private Limited reported revenue of ₹164.18 Cr (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Estee Advisors Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 121% over five years, including 61% growth in the latest year. EBITDA rose 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 of Estee Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹47.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.63 Cr | •••• | •••• | •••• | •••• |
| 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 of Estee Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Estee Advisors are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Estee Advisors Private Limited
Estee Advisors Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Maa Vinimay Private Limited | ₹166.95 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Rakhecha Securities Limited | ₹166.42 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Resurgent Infratel Private Limited | ₹166 Cr (FY 2016) | •••• | •••• | 63737.0% | •••• | Kolkata, West Bengal, India |
| Gainwell Textrade Private Limited | ₹165.04 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Bajrang Steel and Alloys Private Limited | ₹164.87 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Sundergarh, Odisha, India |
| Estee Advisors Private Limited this company | ₹164.18 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Gandhinagar, Gujarat, India |
| Pratibhuti Viniyog Limited | ₹163.26 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Fort Bombay, Maharashtra, India |
| MNM Capital Market Private Limited | ₹161.72 Cr (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Equidem Dealers Private Limited | ₹161.51 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Ahmedabad, Gujarat, India |
| Equirus Securities Private Limited | ₹161.02 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Mumbai, Maharashtra, India |
| K D Vinimay Private Limited | ₹160.06 Cr (FY 2021) | •••• | •••• | -28.0% | •••• | Ariadaha, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Estee Advisors by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Estee Advisors Private Limited
Estee Advisors Private Limited is audited by S.R BATLIBOL & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R BATLIBOL & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Estee Advisors Private Limited
Estee Advisors has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murlidhara Kadaba Also directs: Yatra Online Limited, Moonbeam Capital Managers Private Limited, Moonbeam Advisory Private Limited and 1 more | Director | 30 Oct 2023 | 2 Years 11 Months | Current |
| Sandeep Tyagi | Director | 21 May 2021 | 5 Years 4 Months | Current |
| Anirudh Kataruka | Director | 23 May 2025 | 1 Years 4 Months | Current |
| Umesh Kumar | Director | 21 May 2021 | 5 Years 4 Months | Current |
| Shalabh Rakyan | Director | 21 May 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of Estee Advisors Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Estee Advisors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2025 | Others | ₹7 Cr | Open |
| 21 Mar 2025 | Hdfc Bank Limited | ₹260 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Estee Advisors Private Limited
Estee Advisors Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Geekay Security Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Estee Advisors Private Limited
Estee Advisors operates two associated brands: Gulaq and Estee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a platform for mutual funds investments. | gulaq.com | |
| Stock brokerage, investment management, and algorithmic trading services are offered. | esteeadvisors.com |
Employees and EPFO Compliance at Estee Advisors Private Limited
Employment history and EPFO contributions of people linked to Estee Advisors.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Estee Advisors Private Limited
Estee Advisors has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Estee Financial Services Private Limited | U51909GJ2012PTC132017 | Locked |
| Estee Ifsc Private Limited | U65990GJ2016PTC094942 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Estee Advisors Private Limited
Estee Advisors has one previous CIN (Corporate Identification Number): U65990HR2019FTC081472. The current CIN is U65990GJ2019FTC115697, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990GJ2019FTC115697 | Current |
| U65990HR2019FTC081472 | Previous |
Recent Activity on Estee Advisors Private Limited
Estee Advisors Private Limited has 13 board changes on record since 2020: 5 appointments and 8 cessations. The latest: Anirudh Kataruka was appointed as Director on 23 May 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Estee Advisors Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Estee Advisors Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Estee Advisors Private Limited
Estee Advisors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE5637D1ZW | Gujarat | Active | 02 Sep 2020 |
| 06AAFCE5637D1ZU | Haryana | Active | 06 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Estee Advisors Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Estee Advisors Private Limited
Estee Advisors is an active foreign private limited company based in Gandhinagar, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 16 July 2019 (7+ years old) and is registered under CIN U65990GJ2019FTC115697.
Estee Advisors reported revenue of ₹164.18 Cr for FY 2025 (up 61% YoY).
Estee Advisors has 5 current directors:
- Murlidhara Kadaba - Director
- Sandeep Tyagi - Director
- Anirudh Kataruka - Director
- Umesh Kumar - Director
- Shalabh Rakyan - Director
Estee Advisors reported a net profit of ₹29.63 Cr (net margin 18%) and EBITDA of ₹47.5 Cr (EBITDA margin 28.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Estee Advisors is 33% over three years and 121% over five years. In the latest year (FY 2025) revenue rose 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Estee Advisors is 24AAFCE5637D1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAFCE5637D1ZU (Haryana).
The CIN (Corporate Identification Number) of Estee Advisors is U65990GJ2019FTC115697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Estee Advisors was incorporated on 16 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Estee Advisors by revenue are Jai Maa Vinimay Private Limited, Rakhecha Securities Limited, Resurgent Infratel Private Limited, Gainwell Textrade Private Limited, Bajrang Steel and Alloys Private Limited and 5 more, all in the BFSI industry (Broking Services).
Anirudh Kataruka was appointed as Director on 23 May 2025. Murlidhara Kadaba was appointed as Director on 30 Oct 2023. Sandeep Tyagi ceased to be Additional Director on 30 Sep 2021. Estee Advisors has 13 board changes on record in total.
Estee Advisors has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Feb 2024.
Estee Advisors can be reached through the website esteeadvisors.com. Its registered office is in Gandhinagar, Gujarat, India.