Kalinga Advisory Services Private Limited
About Kalinga Advisory Services Private Limited
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Kalinga Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 15 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2001PTC131251.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors including Narahari Mahapatra and Bindiya Mahapatra.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.75 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 61%) and EBITDA of ₹2.26 Cr (EBITDA margin 82%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kalinga Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. Navin D. Thakkar & Co B – 8 B Wing 1st Floor Satyam Shopping Centre M.G. Road Ghatk, Opar (E), Mumbai, Maharashtra, India – 400077
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kalinga Advisory Services 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
Business activity
The main business activity of Kalinga Advisory Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Kalinga Advisory Services Private Limited, buy the company report.
Financials of Kalinga Advisory Services Private Limited
FY 2025 filings availableKalinga Advisory Services Private Limited reported revenue of ₹2.75 Cr (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 66% fall in the latest year. EBITDA fell 69% 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 | ₹2.26 Cr | ||||
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| Net Profit (PAT) | ₹1.68 Cr | ||||
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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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| EBITDA Margin | 82% | ||||
| Net Profit Margin | 61% | ||||
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To see the full financial statements and ratios of Kalinga Advisory Services Private Limited, buy the company report.
Board of directors of Kalinga Advisory Services Private Limited
Kalinga Advisory Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narahari Mahapatra Also directs: Aim Capital Advisors Private Limited | Director | 15 Oct 2013 | 13 Years 0 Months | Current |
| Bindiya Mahapatra Also directs: Aim Capital Advisors Private Limited | Director | 14 Sep 2021 | 5 Years 1 Months | Current |
| Rajendra Mishra Kumar | Director | 15 Mar 2001 | 25 Years 7 Months | Current |
| Sabu Aleyas Maliyil Also directs: Aim Capital Advisors Private Limited | Director | 31 Aug 2016 | 10 Years 1 Months | Current |
Peer comparison
Kalinga Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A K D Securities Private Limited | ₹2.77 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Jaico Securities Pvt Ltd | ₹2.77 Cr (FY 2025) | 91.0% | Mumbai, Maharashtra, India | |||
| Suyog Holdings Private Limited | ₹2.76 Cr (FY 2024) | 139.0% | Mumbai, Maharashtra, India | |||
| Kritika Investment & Insurance Marketing Private Limited | ₹2.76 Cr (FY 2025) | 28.0% | Nagpur, Maharashtra, India | |||
| Roongta Securities Private Limited | ₹2.75 Cr (FY 2025) | 47.0% | Mumbai, Maharashtra, India | |||
| Kalinga Advisory Services Private Limitedthis company | ₹2.75 Cr (FY 2025) | ₹1.68 Cr | 61% | -66.0% | Mumbai, Maharashtra, India | |
| Anand Investment Private Limited | ₹2.75 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Rajchandra Stock Brokers Private Limited | ₹2.74 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Let's Secure Insurance Brokers Private Limited | ₹2.74 Cr (FY 2025) | 363.0% | Pune, Maharashtra, India | |||
| Aviral Marketing Pvt Ltd | ₹2.74 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Black Bucket Creations Private Limited | ₹2.73 Cr (FY 2025) | Delhi, India |
To see the full peer comparison of Kalinga Advisory Services Private Limited, buy the company report.
Auditor
Kalinga Advisory Services Private Limited is audited by Navin D. Thakkar & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Navin D. Thakkar & Co. | FY 2017 | 106991W |
Shareholding
The shareholding of Kalinga Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kalinga Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kalinga Advisory Services 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 Kalinga Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kalinga Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kalinga Advisory Services Private Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Bindiya Mahapatra was appointed as Director on 14 Sep 2021.
Frequently asked questions
Kalinga Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 15 March 2001 (25+ years old) and is registered under CIN U67120MH2001PTC131251.
Kalinga Advisory Services has 4 current directors:
- Narahari Mahapatra - Director
- Bindiya Mahapatra - Director
- Rajendra Mishra Kumar - Director
- Sabu Aleyas Maliyil - Director
The latest financial statements of Kalinga Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kalinga Advisory Services is U67120MH2001PTC131251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kalinga Advisory Services was incorporated on 15 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kalinga Advisory Services by revenue are A K D Securities Private Limited, Jaico Securities Pvt Ltd, Suyog Holdings Private Limited, Kritika Investment & Insurance Marketing Private Limited, Roongta Securities Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Bindiya Mahapatra was appointed as Director on 14 Sep 2021. Bindiya Mahapatra ceased to be Director on 31 Aug 2016. Sabu Aleyas Maliyil was appointed as Director on 31 Aug 2016. Kalinga Advisory Services has 6 board changes on record in total.
The registered office of Kalinga Advisory Services is at CO. Navin D. Thakkar & Co B – 8 B Wing 1st Floor Satyam Shopping Centre M.G. Road Ghatk, Opar E, Mumbai, Maharashtra, India – 400077.
Kalinga Advisory Services operates in the financial services industry, in the financial activities segment.
The compliance status of Kalinga Advisory Services is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
Kalinga Advisory Services can be reached at its registered office: CO. Navin D. Thakkar & Co B – 8 B Wing 1st Floor Satyam Shopping Centre M.G. Road Ghatk, Opar E, Mumbai, Maharashtra, India – 400077.
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