MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0078810
Suyash Advisory LLP
Suyash Advisory LLP - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.26 Cr
▼ 45% YoY
Net profit · FY 2023
₹86.32 Lakh
Net margin 8.4%
EBITDA · FY 2023
₹1.07 Cr
EBITDA margin 10.5%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹3.95 Cr
Satisfied ₹4.64 Cr
LLP age
11 yrs
Est. 2015
Designated partners
5
As per MCA filings
Active GSTINs
8
of 10 registered
About Suyash Advisory LLP
Data last updated:
Suyash Advisory LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 April 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAD-7012. Its GSTIN is 24ACXFS6092H3ZD (Gujarat). The LLP holds 10 GST registrations, of which 8 are active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Kartik Shailesh Mehta and Hetal Kartik Mehta.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹10.26 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹86.32 Lakh (net margin 8.4%) and EBITDA of ₹1.07 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 166% over five years.
As per MCA filings, the LLP has open charges of ₹3.95 Cr and satisfied charges of ₹4.64 Cr on record.
Suyash Advisory LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0078810).
Company details
LLPIN AAD-7012
Incorporation Date 01 April 2015
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0078810
Key People
Kartik Shailesh Mehta Designated Partner Hetal Kartik Mehta Partner Jayendra Kanaiyalal Bhavsar Partner Recognitions & Rankings of Suyash Advisory
Contact details
Suyash Advisory LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/503 Privilon B/H Iscon Temple, Iscon – Ambli Road, Ahmedabad, Gujarat, India – 380058
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Suyash Advisory LLP, buy the company report.
Comprehensive company report
Suyash Advisory LLP - one report that includes everything
- 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
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Financials of Suyash Advisory LLP
FY 2025 filings availableSuyash Advisory LLP reported revenue of ₹10.26 Cr (down 45% YoY) for FY 2023.
Revenue · FY 2023
₹10.26 Cr ▼ 45%
Net profit · FY 2023
₹86.32 Lakh margin 8.4%
EBITDA · FY 2023
₹1.07 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 25%
5 years · compounded
▲ 166%
EBITDA CAGR growth
1 year
▲ 573%
3 years · compounded
▼ 65%
5 years · compounded
▲ 100%
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 166%. EBITDA rose 573% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹86.32 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 8.4% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Suyash Advisory LLP, buy the company report.
Designated partners of Suyash Advisory LLP
Suyash Advisory has 5 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Shailesh Mehta Also directs: Armee Infotech Limited, Pahal Financial Services Private Limited | Designated Partner | 01 Apr 2015 | 11 Years 7 Months | Current |
| Hetal Kartik Mehta | Partner | 31 Jul 2019 | 7 Years 3 Months | Current |
| Jayendra Kanaiyalal Bhavsar | Partner | 31 Jul 2019 | 7 Years 3 Months | Current |
| Aseem Jayendra Bhavsar Also directs: Gramyahaat Rural-Tech Private Limited | Partner | 31 Jul 2019 | 7 Years 3 Months | Current |
| Purvi Jayendra Bhavsar | Designated Partner | 01 Apr 2015 | 11 Years 7 Months | Current |
Charges & borrowings
Open charges
₹3.95 Cr
Satisfied charges
₹4.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2022 | 100612553 | Hdfc Bank Limited | ₹95 Lakh | Satisfied | |
| 23 Feb 2022 | 100631233 | Icici Bank Limited | ₹3 Cr | Satisfied | |
| 20 Aug 2018 | 100209992 | Vivriti Capital Private Limited | ₹69 Lakh | Satisfied |
To see the full charge records of Suyash Advisory LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Suyash Advisory LLP 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 Suyash Advisory LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suyash Advisory has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
8
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ACXFS6092H3ZD | Gujarat | Active | 01 Jul 2017 |
| 08ACXFS6092H1Z9 | Rajasthan | Active | 20 Apr 2018 |
| 23ACXFS6092H1ZH | Madhya Pradesh | Active | 07 Jun 2018 |
| 10ACXFS6092H1ZO | Bihar | Active | 18 Jan 2019 |
To see the full GST registrations and return filing status of Suyash Advisory LLP, buy the company report.
Recent activity
Suyash Advisory LLP has 5 designated partner changes on record since 2015: 5 appointments. The latest: Aseem Jayendra Bhavsar was appointed as Partner on 31 Jul 2019.
AGM
Suyash Advisory Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Suyash Advisory Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 23 Feb 2022 via Charge ID 100631233 with Icici Bank Limited was fully satisfied on 05 Mar 2025.
Charges
A charge registered on 26 May 2022 via Charge ID 100612553 with Hdfc Bank Limited was fully satisfied on 29 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 95.00 Lakh with Charge ID 100612553 was registered on 26 May 2022.
Charges
A charge with Icici Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100631233 was registered on 23 Feb 2022.
Charges
A charge registered on 20 Aug 2018 via Charge ID 100209992 with Vivriti Capital Private Limited was fully satisfied on 21 Feb 2020.
Appointed
Aseem Jayendra Bhavsar was appointed as Partner.
Appointed
Hetal Kartik Mehta was appointed as Partner.
Appointed
Jayendra Kanaiyalal Bhavsar was appointed as Partner.
Charges
A charge with Vivriti Capital Private Limited amounted to Rs. 69.00 Lakh with Charge ID 100209992 was registered on 20 Aug 2018.
Appointed
Kartik Shailesh Mehta was appointed as Designated Partner.
2 earlier events are in the company report.
Frequently asked questions
Suyash Advisory is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in diversified financial services, within the financial services industry. It was incorporated on 01 April 2015 (11+ years old) and is registered under LLPIN AAD-7012.
Suyash Advisory has 5 current designated partners:
- Kartik Shailesh Mehta - Designated Partner
- Hetal Kartik Mehta - Partner
- Jayendra Kanaiyalal Bhavsar - Partner
- Aseem Jayendra Bhavsar - Partner
- Purvi Jayendra Bhavsar - Designated Partner
The latest financial statements of Suyash Advisory on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Suyash Advisory is 24ACXFS6092H3ZD, registered in Gujarat. The LLP has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 08ACXFS6092H1Z9 (Rajasthan), 23ACXFS6092H1ZH (Madhya Pradesh), 10ACXFS6092H1ZO (Bihar).
The LLPIN (Limited Liability Partnership Identification Number) of Suyash Advisory is AAD-7012. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Suyash Advisory was incorporated on 01 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aseem Jayendra Bhavsar was appointed as Partner on 31 Jul 2019. Hetal Kartik Mehta was appointed as Partner on 31 Jul 2019. Jayendra Kanaiyalal Bhavsar was appointed as Partner on 31 Jul 2019. Suyash Advisory has 5 designated partner changes on record in total.
Yes, Suyash Advisory is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0078810).
The registered office of Suyash Advisory is at A503 Privilon BH Iscon Temple, Iscon – Ambli Road, Ahmedabad, Gujarat, India – 380058.
Suyash Advisory operates in the financial services industry, in the diversified financial services segment.
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