About Morgan Stanley Advantage Services Private Limited
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Morgan Stanley Advantage Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Morgan Stanley International Holdings Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2003PTC140982. Its GSTIN is 27AAECA3400B1ZI (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹31.25 Cr and a paid-up capital of ₹1.18 Cr. It was formerly known as Advantage Global Services Private Limited. It is led by directors including Raja Parthasarathy and Upasana Mallik.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Commerz III International Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8,128.65 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹992.92 Cr (net margin 12.2%) and EBITDA of ₹2,034.72 Cr (EBITDA margin 25%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 28% over five years.
The company has about 10,864 employees on its provident fund (EPFO) records.
Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 6 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹728.46 Cr; the latest was in December 2020. The company has 9 MSME Form 1 returns on record between 2020 and 2024, listing 44 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morganstanley.com.
Company details
Contact details
Morgan Stanley Advantage Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is morganstanley.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCommerz III International Business Park, Oberoi Garden City Off Western Express Highway, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Morgan Stanley Advantage 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 Morgan Stanley Advantage Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Morgan Stanley Advantage Services Private Limited, buy the company report.
Financials of Morgan Stanley Advantage Services Private Limited
FY 2025 filings availableMorgan Stanley Advantage Services Private Limited reported revenue of ₹8,128.65 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 14% growth in the latest year. EBITDA rose 18% 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 | ₹2,034.72 Cr | ||||
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| Net Profit (PAT) | ₹992.92 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 | 25% | ||||
| Net Profit Margin | 12.2% | ||||
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To see the full financial statements and ratios of Morgan Stanley Advantage Services Private Limited, buy the company report.
Board of directors of Morgan Stanley Advantage Services Private Limited
Morgan Stanley Advantage Services has 4 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raja Parthasarathy Also directs: Rapidue Technologies Private Limited, DJ Energy Private Limited, Bothe Windfarm Development Private Limited and 5 more | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Upasana Mallik | Director | 02 Nov 2023 | 2 Years 11 Months | Current |
| Malavika Shanker | Director | 06 Dec 2023 | 2 Years 10 Months | Current |
| Sankaranarayanan Sundareswaran | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Morgan Stanley Advantage Services Private Limited is audited by Deloitte Haskins & Sells Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells Chartered Accountants LLP | FY 2023 | 117364W / W100739 |
Shareholding
The shareholding of Morgan Stanley Advantage Services 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Morgan Stanley Advantage Services Private Limited, buy the company report.
Deals & funding
Morgan Stanley Advantage Services Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹728.46 Cr; the latest was in December 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Seller: an individual |
| Feb 2018 | Funding round | ₹728.46 Cr | Investors: Morgan Stanley Investment Management, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Morgan Stanley Advantage Services Private Limited has 11 court cases on record: 1 filed by Morgan Stanley Advantage Services, 10 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 9 | 4 |
| District courts | 2 | 1 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 4 | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 4 | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by The Commissioner of CGST and Central Excise Mumbai West | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 4 | Pending |
To see the full case history of Morgan Stanley Advantage Services Private 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
Morgan Stanley Advantage Services Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 44 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| VTT Mobility Private Limited | |||
| Talin Modular Office Furniture Systems Private Limited | |||
| Sukhi Facility Services Private Limited | |||
| Shree Osfm E-Mobility Limited |
To see the full MSME payment records of Morgan Stanley Advantage Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Morgan Stanley Advantage Services Private Limited has a workforce of 10,864 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Morgan Stanley Advantage Services has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA3400B1ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AAECA3400B2ZH | Maharashtra | Active | 17 May 2024 |
| 29AAECA3400B1ZE | Karnataka | Active | 01 Jul 2017 |
| 33AAECA3400B1ZP | Tamil Nadu | Active | 08 Jan 2019 |
To see the full GST registrations and return filing status of Morgan Stanley Advantage Services Private Limited, buy the company report.
Recent activity
Morgan Stanley Advantage Services Private Limited has 38 board changes on record since 2007: 4 appointments and 34 cessations. The latest: Malavika Shanker ceased to be Additional Director on 24 Sep 2024.
29 earlier events are in the company report.
News
Frequently asked questions
Morgan Stanley Advantage Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 June 2003 (23+ years old) and is registered under CIN U72900MH2003PTC140982.
Morgan Stanley Advantage Services has 4 current directors:
- Raja Parthasarathy - Director
- Upasana Mallik - Director
- Malavika Shanker - Director
- Sankaranarayanan Sundareswaran - Director
The latest financial statements of Morgan Stanley Advantage Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Morgan Stanley Advantage Services is 27AAECA3400B1ZI, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAECA3400B2ZH (Maharashtra), 29AAECA3400B1ZE (Karnataka), 33AAECA3400B1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Morgan Stanley Advantage Services is U72900MH2003PTC140982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morgan Stanley Advantage Services has 11 court cases on record: 1 filed by the company and 10 filed against it. 6 are pending. Most are in the high courts.
Morgan Stanley Advantage Services was incorporated on 19 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Morgan Stanley Advantage Services has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹728.46 Cr; the latest was in December 2020.
Malavika Shanker ceased to be Additional Director on 24 Sep 2024. Upasana Mallik ceased to be Additional Director on 24 Sep 2024. Malavika Shanker was appointed as Director on 06 Dec 2023. Morgan Stanley Advantage Services has 38 board changes on record in total.
Morgan Stanley Advantage Services has 9 MSME Form 1 returns on record between 2020 and 2024, listing 44 overdue payments to 18 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Morgan Stanley Advantage Services can be reached through the website morganstanley.com. Its registered office is in Mumbai, Maharashtra, India.