About Portman Advisory Private Limited
Data last updated:
Portman Advisory Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Portman Holdings India Development. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 18 April 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2008FTC181290. Its GSTIN is 27AAECP6276G1Z5 (Maharashtra).
The company had an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Portman Real Estate India Private Limited. It was led by directors including Ankit Kothari and Ambrish Kumar Baisiwala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.3 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹2.13 Cr (net margin -163.9%) and EBITDA of -₹2.08 Cr (EBITDA margin -160.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 23% over five years.
The company was associated with 1 brand: Portman Holdings. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is portmanholdings.com.
Company details
Contact details
Portman Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is portmanholdings.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressC/O. Sushil Budhia Associates 1103 Level 11 Universal Majestic Ghatkopar – Mankhurd L, Ink Road, Mumbai, Maharashtra, India – 400043
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Portman Advisory 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
Brands
Portman Advisory operates one associated brand: Portman Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial and residential buildings are developed in Atlanta. | portmanholdings.com |
Business activity
The main business activity of Portman Advisory is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Portman Advisory Private Limited, buy the company report.
Financials of Portman Advisory Private Limited
FY 2022 filings availablePortman Advisory Private Limited reported revenue of ₹1.3 Cr (down 45% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 45% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹2.08 Cr | ||||
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| Net Profit (PAT) | -₹2.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -160.1% | ||||
| Net Profit Margin | -163.9% | ||||
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To see the full financial statements and ratios of Portman Advisory Private Limited, buy the company report.
Board of directors of Portman Advisory Private Limited
Portman Advisory has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Kothari Also directs: Citybay Capital Advisors LLP | Director | 28 Mar 2018 | 8 Years 7 Months | As last reported |
| Ambrish Kumar Baisiwala | Director | 10 Aug 2010 | 16 Years 2 Months | As last reported |
| John Calvin Portman Iv | Director | 01 Aug 2017 | 9 Years 3 Months | As last reported |
Auditor
Portman Advisory Private Limited is audited by G M KAPADIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M KAPADIA & CO | FY 2021 | 104767W |
Shareholding
The shareholding of Portman Advisory Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Portman Advisory Private Limited, buy the company report.
Legal cases
Portman Advisory Private Limited has 1 court case on record: 1 filed by Portman Advisory. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Portman Advisory 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 Portman Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Portman Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP6276G1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Portman Advisory Private Limited, buy the company report.
Recent activity
Portman Advisory Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Ankit Kothari was appointed as Director on 28 Mar 2018.
News
Frequently asked questions
Portman Advisory has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Portman Advisory was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 18 April 2008 and is registered under CIN U70200MH2008FTC181290. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Portman Advisory was incorporated on 18 April 2008. It is registered with the Registrar of Companies, Mumbai.
Portman Advisory had 3 directors:
- Ankit Kothari - Director
- Ambrish Kumar Baisiwala - Director
- John Calvin Portman Iv - Director
The CIN (Corporate Identification Number) of Portman Advisory is U70200MH2008FTC181290. 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 Portman Advisory is at CO. Sushil Budhia Associates 1103 Level 11 Universal Majestic Ghatkopar – Mankhurd L, Ink Road, Mumbai, Maharashtra, India – 400043.
Portman Advisory can be reached through the website portmanholdings.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Portman Advisory on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Portman Advisory is 27AAECP6276G1Z5, registered in Maharashtra.
Portman Advisory operated in the business outsourcing industry, in the business and IT consulting segment.
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