MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0031454
Fitch Solutions India Advisory Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.03 Cr
▲ 9% YoY
Net profit · FY 2025
₹19.82 Lakh
Net margin 3.9%
EBITDA · FY 2025
₹21.39 Lakh
EBITDA margin 4.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.9 Cr
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
7
Provident fund records
About Fitch Solutions India Advisory Private Limited
Data last updated:
Fitch Solutions India Advisory Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fitch Solutions Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2013FTC247286. Its GSTIN is 27AADCI3202Q1ZG (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It was formerly known as Irr Advisory Services Private Limited. It is led by directors including Bhaskar Som (Whole-Time Director) and Ketan Hansraj Ved.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at India Rating And Research Pvt. Ltd. Wockhardt Tower Level 4 BKC Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.03 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹19.82 Lakh (net margin 3.9%) and EBITDA of ₹21.39 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 20% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fitch Solutions. As per MCA filings, the company has open charges of ₹1 Cr on record.
Fitch Solutions India Advisory Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0031454). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitchsolutions.com.
Company details
CIN U67190MH2013FTC247286
Registration Number 247286
Incorporation Date 21 August 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Fitch Solutions Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0031454
Recognitions & Rankings of Fitch Solutions India Advisory
Contact details
Fitch Solutions India Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is fitchsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndia Rating And Research Pvt. Ltd. Wockhardt Tower Level 4 BKC Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Fitch Solutions India Advisory Private Limited, buy the company report.
Comprehensive company report
Fitch Solutions India Advisory Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Fitch Solutions India Advisory operates one associated brand: Fitch Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Credit risk solutions and data are supplied to financial institutions. | fitchsolutions.com |
Business activity
The main business activity of Fitch Solutions India Advisory is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Fitch Solutions India Advisory Private Limited, buy the company report.
Financials of Fitch Solutions India Advisory Private Limited
FY 2025 filings availableFitch Solutions India Advisory Private Limited reported revenue of ₹5.03 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹5.03 Cr ▲ 9%
Net profit · FY 2025
₹19.82 Lakh margin 3.9%
EBITDA · FY 2025
₹21.39 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 40%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 30%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 9% growth in the latest year. EBITDA fell 51% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.39 Lakh | ||||
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| Net Profit (PAT) | ₹19.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Fitch Solutions India Advisory Private Limited, buy the company report.
Board of directors of Fitch Solutions India Advisory Private Limited
Fitch Solutions India Advisory has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Hansraj Ved | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
| Wai Cheong Chong | Director | 02 Nov 2018 | 7 Years 11 Months | Current |
| Bhaskar Som Also directs: Adisha Impex (OPC) Private Limited | Whole-Time Director | 15 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Fitch Solutions India Advisory Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Fitch Solutions India Advisory Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fitch Solutions India Advisory Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2019 | 100304892 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Fitch Solutions India Advisory 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 Fitch Solutions India Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fitch Solutions India Advisory Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Fitch Solutions India Advisory has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI3202Q1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fitch Solutions India Advisory Private Limited, buy the company report.
Recent activity
Fitch Solutions India Advisory Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Wai Cheong Chong ceased to be Director on 20 Mar 2020.
AGM
Fitch Solutions India Advisory Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Fitch Solutions India Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Wai Cheong Chong ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100304892 was registered on 21 Nov 2019.
Appointed
Wai Cheong Chong was appointed as Director.
Ceased
Ketan Hansraj Ved ceased to be Additional Director.
Ceased
Kwong Chung Li ceased to be Director.
Ceased
Bhaskar Som ceased to be Additional Director.
Appointed
Bhaskar Som was appointed as Whole-Time Director.
Appointed
Ketan Hansraj Ved was appointed as Director.
Ceased
Rajesh Arvind Patel ceased to be Director.
Ceased
Satish Nair ceased to be Director.
2 earlier events are in the company report.
News
Frequently asked questions
Fitch Solutions India Advisory is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 August 2013 (13+ years old) and is registered under CIN U67190MH2013FTC247286.
Fitch Solutions India Advisory has 3 current directors:
- Bhaskar Som - Whole-Time Director
- Ketan Hansraj Ved - Director
- Wai Cheong Chong - Director
The latest financial statements of Fitch Solutions India Advisory on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fitch Solutions India Advisory is 27AADCI3202Q1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fitch Solutions India Advisory is U67190MH2013FTC247286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitch Solutions India Advisory was incorporated on 21 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Wai Cheong Chong ceased to be Director on 20 Mar 2020. Wai Cheong Chong was appointed as Director on 02 Nov 2018. Ketan Hansraj Ved ceased to be Additional Director on 26 Sep 2017. Fitch Solutions India Advisory has 10 board changes on record in total.
Yes, Fitch Solutions India Advisory is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0031454).
Fitch Solutions India Advisory can be reached through the website fitchsolutions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fitch Solutions India Advisory is at India Rating And Research Pvt. Ltd. Wockhardt Tower Level 4 BKC Bandra East, Mumbai, Maharashtra, India – 400051.