Papertax Consultancy Private Limited
About Papertax Consultancy Private Limited
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Papertax Consultancy Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 19 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2011PTC065497.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Veeraj Trading Private Limited and Veeraj Broking Private Limited. It is led by directors Praniti Nirmitkumar Bhansari and Nilam Niharkumar Bhansari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 1041 Sun West Bank Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.93 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹16,026 (net margin -4.1%) and EBITDA of ₹1.01 Lakh (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Papertax Consultancy has undergone 4 name changes throughout its history. The current legal name is Papertax Consultancy Private Limited.
| Company Name | Status |
|---|---|
| Papertax Consultancy Private Limited | Current |
| Veeraj Trading Private Limited | Previous |
| Veeraj Broking Private Limited | Previous |
| Papertax Solutions Private Limited | Previous |
| Veeraj Traders Private Limited | Previous |
CIN history
Papertax Consultancy has one previous CIN (Corporate Identification Number): U67120GJ2011PTC065497. The current CIN is U74110GJ2011PTC065497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2011PTC065497 | Current |
| U67120GJ2011PTC065497 | Previous |
Contact details
Papertax Consultancy Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 1041 Sun West Bank Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Papertax Consultancy 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 Papertax Consultancy is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Papertax Consultancy Private Limited, buy the company report.
Financials of Papertax Consultancy Private Limited
FY 2024 filings availablePapertax Consultancy Private Limited reported revenue of ₹3.93 Lakh (down 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA rose 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.01 Lakh | ||||
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| Net Profit (PAT) | -₹16,026 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 25.7% | ||||
| Net Profit Margin | -4.1% | ||||
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To see the full financial statements and ratios of Papertax Consultancy Private Limited, buy the company report.
Board of directors of Papertax Consultancy Private Limited
Papertax Consultancy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praniti Nirmitkumar Bhansari | Director | 26 Aug 2020 | 6 Years 1 Months | Current |
| Nilam Niharkumar Bhansari Also directs: Dwadashangi Advisory LLP, Giftollo Business LLP | Director | 30 Mar 2022 | 4 Years 6 Months | Current |
Peer comparison
Papertax Consultancy Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rathi City Linkers Pvt Ltd | ₹3.94 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Vaibhav Finance and Investment Company Private Limited | ₹3.94 Lakh (FY 2018) | 8.0% | Jabalpur, Madhya Pradesh, India | |||
| Janamitra Suvidha Micro Credit Federation | ₹3.94 Lakh (FY 2025) | -22.0% | Jhunjhunu, Rajasthan, India | |||
| Compliance Plus Advisors Private Limited | ₹3.94 Lakh (FY 2025) | 141.0% | Borivlai East, Maharashtra, India | |||
| Maa Savita Mutual Nidhi Limited | ₹3.94 Lakh (FY 2022) | 88.0% | Jabalpur, Madhya Pradesh, India | |||
| Papertax Consultancy Private Limitedthis company | ₹3.93 Lakh (FY 2024) | -₹16,026 | -4.1% | -67.0% | Ahmedabad, Gujarat, India | |
| Sevakrisak Sangam Micro Finance Foundation | ₹3.93 Lakh (FY 2024) | -13.0% | Mirzapur, Uttar Pradesh, India | |||
| Jagruti Chit Funds Private Limited | ₹3.93 Lakh (FY 2024) | -60.0% | Kaikaluru, Andhra Pradesh, India | |||
| Reachyourgoals Max Private Limited | ₹3.93 Lakh (FY 2024) | -90.0% | Kolkata, West Bengal, India | |||
| Mathirappilly Chit Fund (India) Private Limited | ₹3.93 Lakh (FY 2021) | -56.0% | Ernakulam, Kerala, India | |||
| Arch Commodity Brokers Private Limited | ₹3.93 Lakh (FY 2024) | 23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Papertax Consultancy Private Limited, buy the company report.
Auditor
Papertax Consultancy Private Limited is audited by S B SHAH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B SHAH & CO | FY 2017 | 137869W |
Shareholding
The shareholding of Papertax Consultancy Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Papertax Consultancy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Papertax Consultancy 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 Papertax Consultancy 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 Papertax Consultancy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Papertax Consultancy Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Niharkumar Dineshkumar Bhansari ceased to be Director on 31 Mar 2022.
Frequently asked questions
Papertax Consultancy is an active private limited company based in Ahmedabad, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 19 May 2011 (15+ years old) and is registered under CIN U74110GJ2011PTC065497.
Papertax Consultancy has 2 current directors:
- Praniti Nirmitkumar Bhansari - Director
- Nilam Niharkumar Bhansari - Director
The latest financial statements of Papertax Consultancy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Papertax Consultancy is U74110GJ2011PTC065497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Papertax Consultancy was incorporated on 19 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Papertax Consultancy by revenue are Rathi City Linkers Pvt Ltd, Vaibhav Finance and Investment Company Private Limited, Janamitra Suvidha Micro Credit Federation, Compliance Plus Advisors Private Limited, Maa Savita Mutual Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Niharkumar Dineshkumar Bhansari ceased to be Director on 31 Mar 2022. Nirmitkumar Bhansari ceased to be Director on 31 Mar 2022. Nilam Niharkumar Bhansari was appointed as Director on 30 Mar 2022. Papertax Consultancy has 7 board changes on record in total.
The registered office of Papertax Consultancy is at A – 1041 Sun West Bank Ashram Road, Ahmedabad, Gujarat, India – 380009.
Papertax Consultancy operates in the financial services industry, in the advisory segment.
The compliance status of Papertax Consultancy is compliant as of 17 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Papertax Consultancy was formerly known as Veeraj Trading Private Limited, Veeraj Broking Private Limited, Papertax Solutions Private Limited, Veeraj Traders Private Limited.