Sheel Advisory Services Private Limited
About Sheel Advisory Services Private Limited
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Sheel Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 28 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2005PTC187340.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹4.1 Lakh. It is led by directors Manoj Gunvantrai Shah and Dixit Gunvantrai 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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.71 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Lakh (net margin 58.3%) and EBITDA of ₹2.16 Lakh (EBITDA margin 79.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sheel Advisory Services has one previous CIN (Corporate Identification Number): U74140PN2005PTC020649. The current CIN is U74140MH2005PTC187340, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2005PTC187340 | Current |
| U74140PN2005PTC020649 | Previous |
Contact details
Sheel Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 2nd Floor Sumati Niwas Sena Bhavan Path Beh Ind Shiv Sena Bhavan Next To Ameya Hote, L Dadar(W), Mumbai, Maharashtra, India – 400028
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Sheel Advisory 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 Sheel Advisory Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Sheel Advisory Services Private Limited, buy the company report.
Financials of Sheel Advisory Services Private Limited
FY 2025 filings availableSheel Advisory Services Private Limited reported revenue of ₹2.71 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA fell 3% 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 | ₹2.16 Lakh | ||||
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| Net Profit (PAT) | ₹1.58 Lakh | ||||
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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 | 79.7% | ||||
| Net Profit Margin | 58.3% | ||||
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To see the full financial statements and ratios of Sheel Advisory Services Private Limited, buy the company report.
Board of directors of Sheel Advisory Services Private Limited
Sheel Advisory Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Gunvantrai Shah Also directs: Emdee Stockbro Private Limited | Director | 06 Mar 2009 | 17 Years 7 Months | Current |
| Dixit Gunvantrai Shah Also directs: Emdee Stockbro Private Limited, Swanubhuti Foundation | Director | 06 Mar 2009 | 17 Years 7 Months | Current |
Peer comparison
Sheel Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MLK Financial Management Private Limited | ₹2.79 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Wealthforest Finserve Private Limited | ₹2.78 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Fundguru Capital Services Private Limited | ₹2.78 Lakh (FY 2025) | 253.0% | Kanpur, Uttar Pradesh, India | |||
| Finvalue Nidhi Limited | ₹2.76 Lakh (FY 2025) | 64.0% | Kozhikode, Kerala, India | |||
| Bajaj Insight and Technologies Private Limited | ₹2.71 Lakh (FY 2024) | -86.0% | Thane, Maharashtra, India | |||
| Sheel Advisory Services Private Limitedthis company | ₹2.71 Lakh (FY 2024) | ₹1.58 Lakh | 58.3% | 5.0% | Mumbai, Maharashtra, India | |
| Belpukur Gramin Bikash Nidhi Limited | ₹2.68 Lakh (FY 2025) | 10.0% | Nadia, West Bengal, India | |||
| Accelup Business Consultants Private Limited | ₹2.67 Lakh (FY 2024) | Indore, Madhya Pradesh, India | ||||
| Varat Finance Private Limited | ₹2.67 Lakh (FY 2025) | Karimpur I, West Bengal, India | ||||
| Millionminds Securities Private Limited | ₹2.62 Lakh (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Parinda Infin Consultancy Private Limited | ₹2.6 Lakh (FY 2025) | -54.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sheel Advisory Services Private Limited, buy the company report.
Auditor
Sheel Advisory Services Private Limited is audited by CHINTANSHARATCHANDRASHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTANSHARATCHANDRASHAH | FY 2017 | 127551 |
Shareholding
The shareholding of Sheel Advisory Services 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 Sheel Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheel Advisory Services 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 Sheel 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 Sheel Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sheel Advisory Services Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Amul Vora ceased to be Director on 02 Jan 2017.
Frequently asked questions
Sheel Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 28 April 2005 (21+ years old) and is registered under CIN U74140MH2005PTC187340.
Sheel Advisory Services has 2 current directors:
- Manoj Gunvantrai Shah - Director
- Dixit Gunvantrai Shah - Director
The latest financial statements of Sheel 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Sheel Advisory Services is U74140MH2005PTC187340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheel Advisory Services was incorporated on 28 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sheel Advisory Services by revenue are MLK Financial Management Private Limited, Wealthforest Finserve Private Limited, Fundguru Capital Services Private Limited, Finvalue Nidhi Limited, Bajaj Insight and Technologies Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Amul Vora ceased to be Director on 02 Jan 2017. Parul Amul Vora ceased to be Director on 02 Jan 2017. Dixit Gunvantrai Shah ceased to be Additional Director on 25 Nov 2016. Sheel Advisory Services has 6 board changes on record in total.
The registered office of Sheel Advisory Services is at 201 2nd Floor Sumati Niwas Sena Bhavan Path Beh Ind Shiv Sena Bhavan Next To Ameya Hote, L DadarW, Mumbai, Maharashtra, India – 400028.
Sheel Advisory Services operates in the financial services industry, in the advisory segment.
The compliance status of Sheel Advisory Services is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Sheel Advisory Services can be reached at its registered office: 201 2nd Floor Sumati Niwas Sena Bhavan Path Beh Ind Shiv Sena Bhavan Next To Ameya Hote, L DadarW, Mumbai, Maharashtra, India – 400028.