ARTHASHASTRA SECURITIES CONSULTANCY PRIVATE LIMITED

Business Overview

• Small, unlisted Goa-registered private limited company incorporated in 2011.
• Public registry sources disagree on its actual line of business, see sector/NIC note, — RoC classification is a generic "other business activities" code, while TheCompanyCheck's EPFO-linked classification points to travel/accommodation services.
• One of its long-standing directors, Shan Gehlot, is separately identified in public sources (Crunchbase) as Founder/CEO of MyIndianStay, a Goa-based homestay-booking platform founded in 2012 — the overlap in founding year, location, and travel-sector classification is suggestive but NOT independently confirmed as the same operating business
• No source explicitly links the company name to the MyIndianStay brand, and the myindianstay.com domain no longer resolves to that business, it now redirects to an unrelated site, innofrator.com.
• EPFO records show ~60 employees as of March 2024, TheCompanyCheck, consistent with an operating business rather than a pure holding shell.
• Reported FY2025 revenue of ~₹6.06 Cr, TheCompanyCheck, also indicates real operations.
• Given the conflicting classification, no confident one-line business description could be verified — recommend manual confirmation before publishing.

Sector & Classification

Conflicting classifications across sources: Tofler lists "Business Services"; TheCompanyCheck lists sector "Transport and Logistics" / activity "Travel & Tour Services / Accommodation services (Hotels, Inns, Resorts)"; Falconebiz lists RoC activity as generic "Other business activities n.e.c." Actual line of business could not be confirmed with certainty — flagged as a source conflict.

Directors & Key Management

GST Registrations

Primary GSTIN: 30AANCA7983L1Z5 (state code 30 = Goa), sourced from a Goa Commercial Tax Dept jurisdiction/turnover-annexure PDF (goagst.gov.in) listing this company under taxpayers with turnover below ₹1.5 Cr for that filing period — a single official-but-secondary source; not corroborated on a second GST lookup site (knowyourgst.com and findgst.in individual pages returned errors/404 for this GSTIN during this check). Home state: Goa. Number of registrations / other-state GSTINs: not obtained. Status: not independently confirmed beyond the annexure listing. Treat as partial.

Financials

Funding History

• None found.
• No VC/PE funding rounds, investors, or valuation data located for this specific entity, CIN U74999GA2011PTC006826, on Tracxn, Crunchbase, Entrackr, or Inc42 searches.
• Note: a search for "Arthashastra" funding on Tracxn surfaces an unrelated Hyderabad-based AI/data-strategy company called "Arthashastra", $29.8K seed funding, founded 2019, — this is a different entity and has NOT been attributed to this company, entity-confusion trap avoided.

Loans & Charges

• Source conflict: TheCompanyCheck reports one open charge of ₹65 lakh registered on 27 Sep 2024 with lender type listed only as "Others", no satisfied charges.
• Tofler's charges page, by contrast, states "the company has no registered charges" — however Tofler's data appears stale elsewhere on the same profile, director list and AGM date lag behind TheCompanyCheck/Falconebiz, so the TheCompanyCheck figure is more likely current.
• Lender identity not obtained from any free source.
• Confidence: partial.

Related Parties

• No formal subsidiary/holding/group structure found.
• Common-director links, via Shan Gehlot / Prathamesh Jahoorkar, identified to: Finheurist Labs Private Limited, Unelma Design Labs Private Limited, Mapoline Travels Solutions Private Limited, and Sirius Threesix Ventures LLP, per TheCompanyCheck's "related companies" list.
• These appear to be separate legal entities under overlapping promoters/directors rather than confirmed parent/subsidiary relationships — not independently verified beyond the director-overlap signal.

Credit Ratings

• None found. No CRISIL/ICRA/CARE/India Ratings rating located for this entity — consistent with its small paid-up capital and unlisted-debt profile
• Small private companies of this size typically do not carry public agency ratings.

Competitive Landscape

• Could not be confidently identified.
• Because the company's actual line of business is itself unverified, conflicting classifications — see business_overview/sector_nic, naming specific named peers would risk misattribution.
• If the entity is in fact linked to homestay/travel booking, per the Shan Gehlot/MyIndianStay lead, broad-category peers in the Indian alternative-accommodation space would include players like Vista Rooms, SaffronStays, and StayVista, but this is a low-confidence inference, not a confirmed comparison — flagged for manual review rather than asserted as fact.

Frequently Asked Questions