Megh Advisory & Services Private Limited
About Megh Advisory & Services Private Limited
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Megh Advisory & Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the financial services sector. It was incorporated on 29 December 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC211549.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Bijal Hiren Kara and Hiren Naresh Kara.
Its last annual general meeting (AGM) was held on 31 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at C/O. Govindji Madhavji Co. 215 Sir Vithal Chambers 16 Mumbai Samac, Har Marg, Maharashtra, India – 400001.
As per the financials filed for FY 2021, the company reported a revenue of ₹84,649, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹95,210 (net margin -112.5%) and EBITDA of -₹87,431 (EBITDA margin -103.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
Company details
Contact details
Megh 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. Govindji Madhavji Co. 215 Sir Vithal Chambers 16 Mumbai Samac, Har Marg, Maharashtra, India – 400001
- IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
To see the full contact details of Megh 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 Megh Advisory & Services 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 Megh Advisory & Services Private Limited, buy the company report.
Financials of Megh Advisory & Services Private Limited
FY 2021 filings availableMegh Advisory & Services Private Limited reported revenue of ₹84,649 (down 85% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 85% fall in the latest year. EBITDA fell 161% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹87,431 | ||||
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| Net Profit (PAT) | -₹95,210 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -103.3% | ||||
| Net Profit Margin | -112.5% | ||||
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To see the full financial statements and ratios of Megh Advisory & Services Private Limited, buy the company report.
Board of directors of Megh Advisory & Services Private Limited
Megh Advisory & Services has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijal Hiren Kara | Director | 23 Dec 2019 | 6 Years 10 Months | As last reported |
| Hiren Naresh Kara | Director | 14 Aug 2020 | 6 Years 2 Months | As last reported |
| Armaity Dinshaw Freddy | Director | 10 Sep 2018 | 8 Years 1 Months | As last reported |
| Suryakant Babulal Mehta | Director | 29 Dec 2010 | 15 Years 10 Months | As last reported |
Peer comparison
Megh Advisory & Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MK Rathi Wealth Management Private Limited | ₹85,000 (FY 2025) | 6.0% | Kota, Rajasthan, India | |||
| Aditsh Fin Services Private Limited | ₹84,955 (FY 2024) | 4.0% | Delhi, India | |||
| Artham Capitals Private Limited | ₹84,850 (FY 2016) | Mysore, Karnataka, India | ||||
| Anagha Consultants Private Limited | ₹84,800 (FY 2021) | 236.0% | Kolkata, West Bengal, India | |||
| Corevision Consulting Private Limited | ₹84,797 (FY 2025) | -13.0% | Rajkot, Gujarat, India | |||
| Megh Advisory & Services Private Limitedthis company | ₹84,649 (FY 2021) | -₹95,210 | -112.5% | -85.0% | Mumbai, Maharashtra, India | |
| Mudraguna Fundsmart Private Limited | ₹84,577 (FY 2025) | -23.0% | New Delhi, Delhi, India | |||
| Trade Acolyte Private Limited | ₹84,393 (FY 2025) | -28.0% | Hyderabad, Telangana, India | |||
| Reliknow Consultancy Services Private Limited | ₹84,159 (FY 2023) | 40.0% | Indore, Madhya Pradesh, India | |||
| Dasbhuja Commercial Private Limited | ₹84,000 (FY 2021) | -56.0% | Siliguri, West Bengal, India | |||
| Sri Ratnanidhi Capital Advisors Private Limited | ₹83,806 (FY 2025) | -53.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Megh Advisory & Services Private Limited, buy the company report.
Auditor
Megh Advisory & Services Private Limited is audited by J.C. Bhatt & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.C. Bhatt & Associates | FY 2017 | 130923W |
Shareholding
The shareholding of Megh 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 Megh Advisory & Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Megh 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 Megh 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 Megh Advisory & Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Megh Advisory & Services Private Limited has 10 board changes on record since 2010: 4 appointments and 6 cessations. The latest: Sam Nariman Lentin ceased to be Director on 20 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Megh Advisory & Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Megh Advisory & Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in consultancy, within the financial services industry. It was incorporated on 29 December 2010 and is registered under CIN U74900MH2010PTC211549. The company has been struck off by the Registrar of Companies and is no longer operational.
Megh Advisory & Services had 4 directors:
- Bijal Hiren Kara - Director
- Hiren Naresh Kara - Director
- Armaity Dinshaw Freddy - Director
- Suryakant Babulal Mehta - Director
The CIN (Corporate Identification Number) of Megh Advisory & Services is U74900MH2010PTC211549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Megh Advisory & Services is at CO. Govindji Madhavji Co. 215 Sir Vithal Chambers 16 Mumbai Samac, Har Marg, Maharashtra, India – 400001.
Megh Advisory & Services was incorporated on 29 December 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Megh Advisory & Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 August 2021. Year-wise statements from 2015 are in the company report.
Megh Advisory & Services operated in the financial services industry, in the consultancy segment. It worked in this industry before it was struck off.
The peers of Megh Advisory & Services by revenue are MK Rathi Wealth Management Private Limited, Aditsh Fin Services Private Limited, Artham Capitals Private Limited, Anagha Consultants Private Limited, Corevision Consulting Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Sam Nariman Lentin ceased to be Director on 20 Nov 2021. Bijal Hiren Kara ceased to be Additional Director on 19 Oct 2020. Hiren Naresh Kara ceased to be Additional Director on 19 Oct 2020. Megh Advisory & Services has 10 board changes on record in total.
The compliance status of Megh Advisory & Services is compliant as of 07 September 2026.