Propal Advisors Private Limited
About Propal Advisors Private Limited
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Propal Advisors Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 09 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2013PTC074965. Its GSTIN is 24AAHCP1419N1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manjula Dineshkumar Mistry and Devang Dineshkumar Mistry.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹43.62 Lakh, a growth of 132% compared to the previous year. For the same year it recorded a net loss of ₹56,500 (net margin -1.3%) and EBITDA of -₹3,100 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 73% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Propal Advisors Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 3rd Floor Emerald, Nr. Choice Circle Opp. Aditya Building, Ahmedabad, Gujarat, India – 380009
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Propal Advisors 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 Propal Advisors 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 Propal Advisors Private Limited, buy the company report.
Financials of Propal Advisors Private Limited
FY 2023 filings availablePropal Advisors Private Limited reported revenue of ₹43.62 Lakh (up 132% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 132% growth in the latest year. EBITDA fell 109% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹43.62 Lakh | ||||
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| EBITDA | -₹3,100 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹56,500 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Propal Advisors Private Limited, buy the company report.
Board of directors of Propal Advisors Private Limited
Propal Advisors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjula Dineshkumar Mistry | Director | 09 May 2013 | 13 Years 5 Months | Current |
| Devang Dineshkumar Mistry Also directs: Prorp Private Limited | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Hiral Hardik Mevada | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Propal Advisors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Razor Sharp HR and Consulting (OPC) Private Limited | ₹43.8 Lakh (FY 2025) | 580.0% | Chennai, Tamil Nadu, India | |||
| Inmesta (OPC) Private Limited | ₹43.73 Lakh (FY 2024) | 49.0% | Rajkot, Gujarat, India | |||
| Quintip Knowledge Consulting Private Limited | ₹43.66 Lakh (FY 2025) | -20.0% | Bangalore, Karnataka, India | |||
| North East Agro Products Private Limited | ₹43.66 Lakh (FY 2024) | -5.0% | Guwahati, Assam, India | |||
| Ajgav Projects Management and Services Private Limited | ₹43.63 Lakh (FY 2025) | 270.0% | Gwalior, Madhya Pradesh, India | |||
| Propal Advisors Private Limitedthis company | ₹43.62 Lakh (FY 2022) | -₹56,500 | -1.3% | 132.0% | Ahmedabad, Gujarat, India | |
| Ichange Environment Management Private Limited | ₹43.5 Lakh (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Inovx India Technology Private Limited | ₹43.49 Lakh (FY 2025) | 2547.0% | Gurugram, Haryana, India | |||
| Dex-Deft Research and Consulting (OPC) Private Limited | ₹43.45 Lakh (FY 2025) | -56.0% | Delhi, India | |||
| Easy Roads Technologies Private Limited | ₹43.36 Lakh (FY 2025) | -21.0% | Mumbai, Maharashtra, India | |||
| Gardozo Security Solutions Private Limited | ₹43.33 Lakh (FY 2024) | 67.0% | Anekal, Karnataka, India |
To see the full peer comparison of Propal Advisors Private Limited, buy the company report.
Auditor
Propal Advisors Private Limited is audited by SHAHJAYMINKIRTIKUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAHJAYMINKIRTIKUMAR | FY 2017 | 130014 |
Shareholding
The shareholding of Propal Advisors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Propal Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propal Advisors 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 Propal Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Propal Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP1419N1ZA | Gujarat | Active | 14 Aug 2020 |
To see the full GST registrations and return filing status of Propal Advisors Private Limited, buy the company report.
Recent activity
Propal Advisors Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Devang Dineshkumar Mistry was appointed as Director on 10 Oct 2018.
Frequently asked questions
Propal Advisors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in management consultancy, within the business services industry. It was incorporated on 09 May 2013 (13+ years old) and is registered under CIN U74140GJ2013PTC074965.
Propal Advisors has 3 current directors:
- Manjula Dineshkumar Mistry - Director
- Devang Dineshkumar Mistry - Director
- Hiral Hardik Mevada - Director
The latest financial statements of Propal Advisors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Propal Advisors is 24AAHCP1419N1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Propal Advisors is U74140GJ2013PTC074965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propal Advisors was incorporated on 09 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Propal Advisors by revenue are Razor Sharp HR and Consulting (OPC) Private Limited, Inmesta (OPC) Private Limited, Quintip Knowledge Consulting Private Limited, North East Agro Products Private Limited, Ajgav Projects Management and Services Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Devang Dineshkumar Mistry was appointed as Director on 10 Oct 2018. Anjali Ashvinbhai Shah ceased to be Director on 20 Dec 2017. Hiral Hardik Mevada was appointed as Director on 11 Dec 2017. Propal Advisors has 5 board changes on record in total.
The registered office of Propal Advisors is at 4 3rd Floor Emerald, Nr. Choice Circle Opp. Aditya Building, Ahmedabad, Gujarat, India – 380009.
Propal Advisors operates in the business services industry, in the management consultancy segment.
The compliance status of Propal Advisors is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
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