About Raine Advisors India Private Limited
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Raine Advisors India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Raine India Holdings Llc. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 31 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2017PTC293308. Its GSTIN is 27AAPCA4019D1ZU (Maharashtra).
The company has an authorised share capital of ₹190 Cr and a paid-up capital of ₹170.3 Cr. It was formerly known as Aphraine Capital Advisors Private Limited. It is led by directors including Gaurav Mehta (Managing Director) and Girish Naresh Punjabi (Whole-Time Director).
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 2025, the company reported a revenue of ₹76.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.11 Cr (net margin 34.2%) and EBITDA of ₹26.63 Cr (EBITDA margin 34.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 35% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Straine Dental Management and The Raine Group. The company has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raine.com.
Company details
Name history
Raine Advisors India has undergone 3 name changes throughout its history. The company was previously known as Aphraine Capital Advisors Private Limited, Raine Advisors India Private Limited, and Raine Capital Advisors India Private Limited. The current legal name is Raine Advisors India Private Limited.
| Company Name | Status |
|---|---|
| Raine Advisors India Private Limited | Current |
| Aphraine Capital Advisors Private Limited | Previous |
| Raine Capital Advisors India Private Limited | Previous |
Contact details
Raine Advisors India Private Limited's registered office is in Mumbai, Maharashtra. Its website is raine.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPremises No. 91 – A 9th Floor, 5 North Avenue Building Maker Maxity Complex Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Raine Advisors India 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
Raine Advisors India operates two associated brands: Straine Dental Management and The Raine Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Straine Dental Management provides proven systems, best practices, and metrics to help dental owners achieve success. | straine.com | |
| Multiple sectors are targeted through private equity by Raine. | raine.com |
Business activity
The main business activity of Raine Advisors India 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 Raine Advisors India Private Limited, buy the company report.
Financials of Raine Advisors India Private Limited
FY 2025 filings availableRaine Advisors India Private Limited reported revenue of ₹76.44 Cr (up 1450% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years. EBITDA rose 171% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹26.63 Cr | ||||
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| Net Profit (PAT) | ₹26.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 34.8% | ||||
| Net Profit Margin | 34.2% | ||||
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To see the full financial statements and ratios of Raine Advisors India Private Limited, buy the company report.
Board of directors and KMP of Raine Advisors India Private Limited
Raine Advisors India Private Limited currently reports 4 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Mehta Also directs: 45North Advisors Private Limited | Managing Director | 31 Dec 2018 | 7 Years 9 Months | Current |
| Anirudh Rajiv Dharwadkar | Company Secretary | 27 Sep 2022 | 4 Years 0 Months | Current |
| Alfred Joseph Chianese | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Girish Naresh Punjabi Also directs: Just Textiles Limited | Whole-Time Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Naveen Shankar Asopa Also directs: 45North Advisors Private Limited | Whole-Time Director | 09 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Raine Advisors India Private Limited is audited by SUDIT K PAREKH & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDIT K PAREKH & CO LLP | FY 2023 | W100378 |
Shareholding
The shareholding of Raine Advisors India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raine Advisors India Private Limited, buy the company report.
Deals & funding
Raine Advisors India Private Limited has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in March 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹68.94 Cr | Investors: Raine India Holdings Llc |
| Apr 2021 | Rights issue | ₹43.94 Cr | Investors: Raine India Holdings Llc |
| May 2019 | Rights issue | ₹30.55 Cr | Investors: Raine India Holdings Llc |
| Jul 2017 | Rights issue | ₹26.86 Cr | Investors: Raine India Holdings Llc |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Raine India Holdings Llc, Raine Asia Holding LLC Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Raine Advisors India 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 Raine Advisors India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raine Advisors India Private Limited has a workforce of 11 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Raine Advisors India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA4019D1ZU | Maharashtra | Active | 28 Mar 2018 |
To see the full GST registrations and return filing status of Raine Advisors India Private Limited, buy the company report.
Recent activity
Raine Advisors India Private Limited has 14 board changes on record since 2017: 5 appointments and 9 cessations. The latest: Anirudh Rajiv Dharwadkar was appointed as Company Secretary on 27 Sep 2022.
5 earlier events are in the company report.
News
Frequently asked questions
Raine Advisors India is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 31 March 2017 (9+ years old) and is registered under CIN U65999MH2017PTC293308.
Raine Advisors India has 5 current directors and KMP:
- Gaurav Mehta - Managing Director
- Girish Naresh Punjabi - Whole-Time Director
- Naveen Shankar Asopa - Whole-Time Director
- Alfred Joseph Chianese - Director
- Anirudh Rajiv Dharwadkar - Company Secretary
The latest financial statements of Raine Advisors India 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 FY 2017 are in the company report.
The GSTIN of Raine Advisors India is 27AAPCA4019D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Raine Advisors India is U65999MH2017PTC293308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raine Advisors India was incorporated on 31 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Raine Advisors India has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in March 2023.
Anirudh Rajiv Dharwadkar was appointed as Company Secretary on 27 Sep 2022. Alfred Joseph Chianese ceased to be Additional Director on 30 Sep 2019. Girish Naresh Punjabi ceased to be Additional Director on 30 Sep 2019. Raine Advisors India has 14 board changes on record in total.
Raine Advisors India can be reached through the website raine.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Raine Advisors India is at Premises No. 91 – A 9th Floor, 5 North Avenue Building Maker Maxity Complex Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051.