Panini Advisory Services Private Limited
About Panini Advisory Services Private Limited
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Panini Advisory Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 14 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74990GJ2020PTC112103.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ketan Jasubhai Shah and Kosha Ketan Shah.
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 A – 704 Regency Towers Near Nehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹44.19 Lakh (net margin 33.1%) and EBITDA of ₹58.2 Lakh (EBITDA margin 43.5%).
The company is associated with 1 brand: Panini Advisors. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Panini Advisory Services Private Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressA – 704 Regency Towers Near Nehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Investment Banking & Advisory
- 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
Brands
Panini Advisory Services operates one associated brand: Panini Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment banking and advisory services focused on finance and compliance. | paniniadvisors.in |
Business activity
The main business activity of Panini Advisory Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Panini Advisory Services Private Limited, buy the company report.
Financials of Panini Advisory Services Private Limited
FY 2025 filings availablePanini Advisory Services Private Limited reported revenue of ₹1.34 Cr (up 309% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 309% in the latest year. EBITDA rose 225% in the latest 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 | ₹58.2 Lakh | ||||
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| Net Profit (PAT) | ₹44.19 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 43.5% | ||||
| Net Profit Margin | 33.1% | ||||
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To see the full financial statements and ratios of Panini Advisory Services Private Limited, buy the company report.
Board of directors of Panini Advisory Services Private Limited
Panini Advisory Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Jasubhai Shah Also directs: Panini Advisors LLP, Panini Angel Ventueres I LLP, Panini Financial Distributors Private Limited and 2 more | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Kosha Ketan Shah Also directs: Panini Advisors LLP, Panini Angel Ventueres I LLP, Panini Financial Distributors Private Limited and 2 more | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
Legal cases
Panini Advisory Services Private Limited has 1 court case on record: 1 filed by Panini Advisory Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Just Dogs Spalons Private Limited and 1 other | Disposed |
To see the full case history of Panini Advisory 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
No delayed payments to MSME suppliers are on our record for Panini 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 Panini Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Panini Advisory Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ketan Jasubhai Shah was appointed as Director on 14 Jan 2020.
Frequently asked questions
Panini Advisory Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 14 January 2020 (6+ years old) and is registered under CIN U74990GJ2020PTC112103.
Panini Advisory Services has 2 current directors:
- Ketan Jasubhai Shah - Director
- Kosha Ketan Shah - Director
The latest financial statements of Panini Advisory Services 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Panini Advisory Services is U74990GJ2020PTC112103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panini Advisory Services has 1 court case on record: 1 filed by the company.
Panini Advisory Services was incorporated on 14 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ketan Jasubhai Shah was appointed as Director on 14 Jan 2020. Kosha Ketan Shah was appointed as Director on 14 Jan 2020.
The registered office of Panini Advisory Services is at A – 704 Regency Towers Near Nehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015.
Panini Advisory Services operates in the financial services industry, in the investment banking and advisory segment.
Panini Advisory Services has 1 associated brand: Panini Advisors.
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