Essar Advisory Services Limited

Founded in 2007 and headquartered in Gujarat, India.

2007 | Vadodara, Gujarat (India) | Active
Last Updated: December 08, 2024

Essar Advisory Services Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 69.18 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 354.61%
  • Profit Growth -293.10%
  • Ebitda -292.96%
  • Net Worth -7.86%
  • Total Assets 40.77%

About Essar Advisory Services

Essar Advisory Services Limited (EASL) is a Public Limited Indian Non-Government Company incorporated in India on 16 January 2007 and has a history of 18 years and one month. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Essar Gujarat Petrochemicals Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 70.00 Cr and a paid-up capital of Rs 69.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Essar Advisory Services Limited India is Ashish Purohit as COMPANY SECRETARY. Manishkumar Kedia, Srikar Kowlikar, and Suresh Sundaram serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    essar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24119GJ2007PLC049785

  • Company No.

    049785

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

What products or services does Essar Advisory Services Limited offer?

Essar Advisory Services Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Freight Forwarding Services.

Who are the key members and board of directors at Essar Advisory Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashish Purohit Company Secretary28-Mar-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Manishkumar Kedia Country flag representing In Director 21-May-2019Current
Srikar Kowlikar Country flag representing In Director 27-Dec-2021Current
Suresh Sundaram Country flag representing In Director 21-May-2019Current

Financial Performance of Essar Advisory Services.

Essar Advisory Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 354.61% increase. The company also saw a substantial fall in profitability, with a 293.1% decrease in profit. The company's net worth dipped by a decrease of 7.86%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
354.61%
Revenue from Operations
356.67%
Total Assets
40.77%
Profit or Loss
-293.10%
Net Worth
-7.86%
EBITDA
-292.96%

What is the Ownership and Shareholding Structure of Essar Advisory Services?

In 2021, Essar Advisory Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Essar Advisory Services?

Essar Advisory Services has a workforce of 21 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Essar Advisory Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Essar Advisory Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Essar Advisory Services

Recent activity within the organization

  • Annual General Meeting

    Essar Advisory Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Essar Advisory Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Ashish Kumar Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 28 Mar 2022 & has been associated with this company since 2 years 10 months .

    28 Mar 2022

  • Director Appointment

    Srikar Gopalrao Kowlikar was appointed as a Director was appointed as a Director on 27 Dec 2021 & has been associated with this company since 3 years 1 month .

    27 Dec 2021

  • Director Appointment

    Manishkumar Satyanarayan Kedia was appointed as a Director was appointed as a Director on 21 May 2019 & has been associated with this company since 5 years 9 months .

    21 May 2019

  • Director Appointment

    Suresh Sundaram was appointed as a Director was appointed as a Director on 21 May 2019 & has been associated with this company since 5 years 9 months .

    21 May 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Essar Advisory Services Limited was incorporated on 16 Jan 2007.

  • The authorized share capital of Essar Advisory Services Limited is ₹ 70.00 Cr and paid-up capital is ₹ 69.18 Cr.

  • Currently 4 directors are associated with Essar Advisory Services Limited.

    • Manishkumar Satyanarayan Kedia
    • Ashish Kumar Purohit
    • Srikar Gopalrao Kowlikar
    • Suresh Sundaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essar Advisory Services Limited is 601 6Th Floor Indra Complex Near Namrata Society Manjalpur, India, Vadodara, Gujarat, 390004.

  • The corporate identification number (CIN) of Essar Advisory Services Limited is U24119GJ2007PLC049785 and the company number is 049785 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essar Advisory Services Limited is https://www.essar.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Essar Advisory Services Limited has risen by 354.61%.

  • As Per 2021 financial reports, 21 employees are currently employed by Essar Advisory Services Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Essar Advisory Services Limited has experienced an downturn of -7.86%.

  • The most recent Balance Sheet for Essar Advisory Services Limited was filed with the ROC on 31 Mar 2023.

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