Meghraj Capital Advisors Private Limited

Meghraj Capital Advisors Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U67190MH1992PTC066176 Incorporated 30 March 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Revenue · FY 2025
₹58.9 Lakh
▼ 53% YoY
Net loss · FY 2025
₹9.36 Lakh
Net margin -15.9%
EBITDA · FY 2025
₹33.48 Lakh
EBITDA margin 56.8%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹9.51 Cr
Issued & subscribed
Open charges
₹5 Lakh
Satisfied ₹87.21 Lakh
Company age
34 yrs
Est. 1992
Employees · EPFO
7
Provident fund records

About Meghraj Capital Advisors Private Limited

Data last updated:

Meghraj Capital Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 March 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1992PTC066176. Its GSTIN is 27AAACM3113H1ZW (Maharashtra). The company holds 5 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.51 Cr. It was formerly known as Meghraj Sp Corporate Finance (Private) Limited and Meghraj Financial Services (India) Private Limited. It is led by directors including Vipinchandra Meghji Shah and Abdulaziz Mutvalli.

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 Navsari (Kk) Chambers Gr Floor P T Marg Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹58.9 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹9.36 Lakh (net margin -15.9%) and EBITDA of ₹33.48 Lakh (EBITDA margin 56.8%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 41% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5 Lakh and satisfied charges of ₹87.21 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹13.25 Cr; the latest was in March 2018.

Meghraj Capital Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0060848). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meghraj.com.

Company details

CIN U67190MH1992PTC066176
Registration Number 066176
Incorporation Date 30 March 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0060848

Name history

Meghraj Capital Advisors has undergone 2 name changes throughout its history. The company was previously known as Meghraj Sp Corporate Finance (Private) Limited, and Meghraj Financial Services (India) Private Limited. The current legal name is Meghraj Capital Advisors Private Limited.

Company NameStatus
Meghraj Capital Advisors Private LimitedCurrent
Meghraj Sp Corporate Finance (Private) LimitedPrevious
Meghraj Financial Services (India) Private LimitedPrevious
Key People
Vipinchandra Meghji Shah Director Abdulaziz Mutvalli Director Binoy Rakesh Vipin Meghraj Director

Recognitions & Rankings of Meghraj Capital Advisors

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0060848

Contact details

Meghraj Capital Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is meghraj.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    meghraj.com
  • Registered Address
    Navsari (Kk) Chambers Gr Floor P T Marg Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Meghraj Capital Advisors Private Limited, buy the company report.

Comprehensive company report
Meghraj Capital Advisors 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
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Business activity

The main business activity of Meghraj Capital Advisors is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Meghraj Capital Advisors Private Limited, buy the company report.

Financials of Meghraj Capital Advisors Private Limited

FY 2025 filings available

Meghraj Capital Advisors Private Limited reported revenue of ₹58.9 Lakh (down 53% YoY) for FY 2025.

Revenue · FY 2025
₹58.9 Lakh ▼ 53%
Net loss · FY 2025
₹9.36 Lakh margin -15.9%
EBITDA · FY 2025
₹33.48 Lakh margin 56.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 36%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▲ 236%
3 years · compounded
▲ 29%
5 years · compounded
▲ 20%

Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 53% fall in the latest year. EBITDA rose 236% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹33.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.36 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin56.8%
Net Profit Margin-15.9%
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

To see the full financial statements and ratios of Meghraj Capital Advisors Private Limited, buy the company report.

Board of directors of Meghraj Capital Advisors Private Limited

Meghraj Capital Advisors has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vipinchandra Meghji Shah
Also directs: M Manifold Private Limited
Director10 Jul 199234 Years 4 MonthsCurrent
Abdulaziz Mutvalli
Also directs: Raichand Brothers (India) Private Limited, Abuzu Holdings Private Limited, M Manifold Private Limited and 2 more
Director29 Sep 201511 Years 1 MonthsCurrent
Binoy Rakesh Vipin MeghrajDirector27 Jun 199531 Years 4 MonthsCurrent
Jay Mansukhlal Shah
Also directs: Code Symphony LLP
Director21 Aug 20233 Years 2 MonthsCurrent
View all directors

Auditor

Meghraj Capital Advisors Private Limited is audited by R A SHETH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R A SHETH & ASSOCIATESFY 2023113270W

Shareholding

The shareholding of Meghraj Capital Advisors 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Meghraj Capital Advisors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Lakh
Satisfied charges
₹87.21 Lakh
Breakdown by lending institutions
Bank of India₹0.05 Cr
The Union Bank of India Ltd.₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Mar 198690375059Bank of India₹4.5 LakhOpen
20 Aug 196290374566The Union Bank of India Ltd.₹50,000Open
30 Aug 200810125005Hdfc Bank Limited₹65.5 LakhSatisfied
27 Sep 200710109759Hdfc Bank Limited₹6.52 LakhSatisfied
31 Jan 200490387640Hdfc Bank Ltd.₹4.8 LakhSatisfied

To see the full charge records of Meghraj Capital Advisors Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Meghraj Capital Advisors Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹13.25 Cr; the latest was in March 2018.

Total deals
8
Funding rounds
4
Secondary share transfers
4
Disclosed funding
₹13.25 Cr

Deals on record (4 of 8)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedSeller: Om Procurement and Projects Limited
May 2013Secondary share transferUndisclosedBuyer: Om Procurement and Projects Limited
Seller: an individual
Mar 2010Secondary share transferUndisclosedSeller: M Manifold Private Limited , Raichand Bros Private Limited
Mar 2007Secondary share transferUndisclosedSeller: M Manifold Private Limited , Raichand Bros Private Limited

To see the full deal history of Meghraj Capital Advisors Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Meghraj Capital Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Meghraj Capital Advisors Private Limited has a workforce of 7 employees on its EPFO records as of Jul 2023, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
-22.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2023-247
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Meghraj Capital Advisors Private Limited, buy the company report.

GST

Meghraj Capital Advisors has 5 GST registrations: 1 active and 4 cancelled or inactive.

Total GSTINs
5
Active
1
Cancelled / inactive
4
GSTINStateStatusRegistered on
27AAACM3113H1ZWMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Meghraj Capital Advisors Private Limited, buy the company report.

Recent activity

Meghraj Capital Advisors Private Limited has 11 board changes on record since 1992: 4 appointments and 7 cessations. The latest: Jay Mansukhlal Shah was appointed as Director on 21 Aug 2023.

AGM
Meghraj Capital Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meghraj Capital Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Jay Mansukhlal Shah was appointed as Director.
Ceased
Sriram Narayanan ceased to be Managing Director.
Ceased
Chandrashekar Iyer ceased to be Managing Director.
Ceased
Vivek Mishra ceased to be Director.
Ceased
Ashok Natwarlal Shah ceased to be Alternate Director.
Ceased
Jayendra Natwarlal Shah ceased to be Director.
Ceased
Vijay Balkrishna Sathye ceased to be Director.
Appointed
Abdulaziz Mutvalli was appointed as Director.
Charges
A charge registered on 30 Aug 2008 via Charge ID 10125005 with Hdfc Bank Limited was fully satisfied on 07 Aug 2013.
Charges
A charge registered on 27 Sep 2007 via Charge ID 10109759 with Hdfc Bank Limited was fully satisfied on 09 Feb 2011.

12 earlier events are in the company report.

Frequently asked questions

Meghraj Capital Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 March 1992 (34+ years old) and is registered under CIN U67190MH1992PTC066176.

Meghraj Capital Advisors has 4 current directors:

The latest financial statements of Meghraj 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 Meghraj Capital Advisors is 27AAACM3113H1ZW, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.

The CIN (Corporate Identification Number) of Meghraj Capital Advisors is U67190MH1992PTC066176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meghraj Capital Advisors has 5 court cases on record: 5 filed by the company.

Meghraj Capital Advisors was incorporated on 30 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Meghraj Capital Advisors has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹13.25 Cr; the latest was in March 2018.

Jay Mansukhlal Shah was appointed as Director on 21 Aug 2023. Sriram Narayanan ceased to be Managing Director on 21 Aug 2023. Chandrashekar Iyer ceased to be Managing Director on 20 Mar 2021. Meghraj Capital Advisors has 11 board changes on record in total.

Yes, Meghraj Capital Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0060848).