MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0002561
Headway Capital Advisors Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.86 Lakh
▼ 15% YoY
Net loss · FY 2025
₹41.66 Lakh
Net margin -182.2%
EBITDA · FY 2025
-₹41.8 Lakh
EBITDA margin -182.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.92 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings
About Headway Capital Advisors Limited
Data last updated:
Headway Capital Advisors Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65922MH1995PLC087372. Its GSTIN is 27AAACO1907F1ZS (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.92 Cr. It was formerly known as Atozcare.Com India Limited. It is led by directors including Sanjay Gupta and Shubham Kanoongo.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 708 Raheja Centre 7th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.86 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹41.66 Lakh (net margin -182.2%) and EBITDA of -₹41.8 Lakh (EBITDA margin -182.8%). Revenue has declined at a compounded annual rate (CAGR) of 111% over three years and 12% over five years.
The company is associated with 1 brand: Headway Capital Advisors. As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Headway Capital Advisors Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002561). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website headwaycapitaladvisors.com.
Company details
CIN U65922MH1995PLC087372
Registration Number 087372
Incorporation Date 17 April 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0002561
CIN history
Headway Capital Advisors has one previous CIN (Corporate Identification Number): L65922MH1995PLC087372. The current CIN is U65922MH1995PLC087372, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65922MH1995PLC087372 | Current |
| L65922MH1995PLC087372 | Previous |
Key People
Sanjay Gupta Director Shubham Kanoongo Director Yash Ramratan Kanoongo Additional Director Recognitions & Rankings of Headway Capital Advisors
Contact details
Headway Capital Advisors Limited's registered office is in Mumbai, Maharashtra. Its website is headwaycapitaladvisors.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address708 Raheja Centre 7th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Headway Capital Advisors Limited, buy the company report.
Comprehensive company report
Headway Capital Advisors 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
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Brands
Headway Capital Advisors operates one associated brand: Headway Capital Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment banking and capital advisory services in India. | headwaycapitaladvisors.com |
Business activity
The main business activity of Headway Capital Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Headway Capital Advisors Limited, buy the company report.
Financials of Headway Capital Advisors Limited
FY 2025 filings availableHeadway Capital Advisors Limited reported revenue of ₹22.86 Lakh (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹22.86 Lakh ▼ 15%
Net loss · FY 2025
₹41.66 Lakh margin -182.2%
EBITDA · FY 2025
-₹41.8 Lakh margin -182.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 111%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 591%
3 years · compounded
▼ 256%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 15% fall in the latest year. EBITDA fell 591% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹41.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -182.8% | ||||
| Net Profit Margin | -182.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Headway Capital Advisors Limited, buy the company report.
Board of directors of Headway Capital Advisors Limited
Headway Capital Advisors has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Gupta | Director | 07 Mar 2017 | 9 Years 7 Months | Current |
| Shubham Kanoongo | Director | 17 Mar 2020 | 6 Years 7 Months | Current |
| Yash Ramratan Kanoongo Also directs: Headway Credit Regress Private Limited, Devkant Synthetics (India) Private Limited, Olympia Securities Limited and 2 more | Additional Director | 12 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Headway Capital Advisors Limited is audited by SUNIL VANKAWALA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL VANKAWALA & ASSOCIATES | FY 2021 | 110616W |
Shareholding
The shareholding of Headway Capital Advisors Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Headway Capital Advisors Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2001 | 90159048 | Icici Bank Ltd | ₹4.5 Cr | Open |
To see the full charge records of Headway Capital Advisors Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Headway Capital Advisors Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-3 | Disposed |
To see the full case history of Headway Capital Advisors Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Headway Capital Advisors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Headway Capital Advisors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO1907F1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Headway Capital Advisors Limited, buy the company report.
Recent activity
Headway Capital Advisors Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Yash Ramratan Kanoongo was appointed as Additional Director on 12 Apr 2025.
AGM
Headway Capital Advisors Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Yash Ramratan Kanoongo was appointed as Additional Director.
Filing
Headway Capital Advisors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Rajeev Gupta ceased to be Additional Director.
Ceased
Shubham Kanoongo ceased to be Additional Director.
Ceased
Harshal A Gunde ceased to be Director.
Appointed
Shubham Kanoongo was appointed as Director.
Ceased
Sanjay Gupta ceased to be Additional Director.
Ceased
Ramratan Shyamsunder Kanoongo ceased to be Managing Director.
Ceased
Kailashnath S Dubey ceased to be Director.
Appointed
Sanjay Gupta was appointed as Director.
Ceased
Vinod Pabuwal ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Headway Capital Advisors is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 April 1995 (31+ years old) and is registered under CIN U65922MH1995PLC087372.
Headway Capital Advisors has 3 current directors:
- Sanjay Gupta - Director
- Shubham Kanoongo - Director
- Yash Ramratan Kanoongo - Additional Director
The latest financial statements of Headway Capital Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Headway Capital Advisors is 27AAACO1907F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Headway Capital Advisors is U65922MH1995PLC087372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Headway Capital Advisors has 2 court cases on record: 2 filed against it.
Headway Capital Advisors was incorporated on 17 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Yash Ramratan Kanoongo was appointed as Additional Director on 12 Apr 2025. Rajeev Gupta ceased to be Additional Director on 29 Sep 2024. Shubham Kanoongo ceased to be Additional Director on 30 Dec 2020. Headway Capital Advisors has 14 board changes on record in total.
Yes, Headway Capital Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0002561).
Headway Capital Advisors can be reached through the website headwaycapitaladvisors.com. Its registered office is in Mumbai, Maharashtra, India.
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