Ultrase Advisors Private Limited

Ultrase Advisors Private Limited - financial services in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U67190GJ2022PTC129182 Incorporated 08 February 2022 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company financial services Startup India
Data last updated
Revenue · FY 2024
₹9.87 Lakh
▲ 6% YoY
Net loss · FY 2024
₹3,525
Net margin -0.4%
EBITDA · FY 2024
-₹2,062
EBITDA margin -0.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Ultrase Advisors Private Limited

Data last updated:

Ultrase Advisors Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 08 February 2022.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2022PTC129182.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mruganda Shah (Managing Director) and Bharat Ratilal 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 44 Konark Tower Opp Takshshila Premchandnagar Road Satelite, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.87 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹3,525 (net margin -0.4%) and EBITDA of -₹2,062 (EBITDA margin -0.2%).

Company details

CIN U67190GJ2022PTC129182
Registration Number 129182
Incorporation Date 08 February 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Mruganda Shah Managing Director Bharat Ratilal Shah Director

Recognitions & Rankings of Ultrase Advisors

Startup India Government of India

Contact details

Ultrase Advisors Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    44 Konark Tower Opp Takshshila Premchandnagar Road Satelite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory
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Ultrase Advisors Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Ultrase Advisors is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Ultrase Advisors Private Limited, buy the company report.

Financials of Ultrase Advisors Private Limited

FY 2025 filings available

Ultrase Advisors Private Limited reported revenue of ₹9.87 Lakh (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹9.87 Lakh ▲ 6%
Net loss · FY 2024
₹3,525 margin -0.4%
EBITDA · FY 2024
-₹2,062 margin -0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
EBITDA CAGR growth
1 year
▼ 164%

Revenue rose 6% in the latest year. EBITDA fell 164% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹2,062
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3,525
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-0.2%
Net Profit Margin-0.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ultrase Advisors Private Limited, buy the company report.

Board of directors of Ultrase Advisors Private Limited

Ultrase Advisors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mruganda Shah
Also directs: Brexa Quants LLP, Astern Biomedics Private Limited
Managing Director08 Feb 20224 Years 8 MonthsCurrent
Bharat Ratilal Shah
Also directs: Astern Voltura LLP
Director03 Jul 20251 Years 4 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ultrase Advisors 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 Ultrase Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ultrase Advisors Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Bharat Ratilal Shah was appointed as Director on 03 Jul 2025.

AGM
Ultrase Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Bharat Ratilal Shah was appointed as Director.
Ceased
Krutesh Bharat Shah ceased to be Managing Director.
Filing
Ultrase Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Mruganda Shah was appointed as Managing Director.
Incorporation
08 Feb 2022
Ultrase Advisors Private Limited was registered on 08 Feb 2022 with Roc Ahmedabad & aged 4 years 8 months as per MCA records.

Frequently asked questions

Ultrase Advisors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 08 February 2022 (4+ years old) and is registered under CIN U67190GJ2022PTC129182.

Ultrase Advisors has 2 current directors:

The latest financial statements of Ultrase Advisors 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 2022 are in the company report.

The CIN (Corporate Identification Number) of Ultrase Advisors is U67190GJ2022PTC129182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ultrase Advisors was incorporated on 08 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bharat Ratilal Shah was appointed as Director on 03 Jul 2025. Krutesh Bharat Shah ceased to be Managing Director on 03 Jul 2025. Mruganda Shah was appointed as Managing Director on 08 Feb 2022.

Yes, Ultrase Advisors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Ultrase Advisors is at 44 Konark Tower Opp Takshshila Premchandnagar Road Satelite, Ahmedabad, Gujarat, India – 380015.

Ultrase Advisors operates in the financial services industry, in the auxiliary to financial intermediatory segment.

Ultrase Advisors can be reached at its registered office: 44 Konark Tower Opp Takshshila Premchandnagar Road Satelite, Ahmedabad, Gujarat, India – 380015.