Shah Sanghvi & Company

What Shah Sanghvi & Company does

Shah Sanghvi & Co. (SSCO) is a partnership firm of chartered accountants registered with the Institute of Chartered Accountants of India (ICAI), founded in 2016 and headquartered in Bhavnagar, Gujarat. The firm delivers a full-service accounting, tax and audit practice through 5 partners and 11 professional staff across four offices in Bhavnagar (headquarters and branch), Ahmedabad and Mumbai, serving clients in India. Its service portfolio comprises 11 practice areas: audit and assurance (statutory, tax, VAT, internal, concurrent, bank branch, IS audit, trust and co-operative society audits), GST services, company/LLP/partnership formation and ROC compliance, business setup advisory, corporate finance (project reports, CMA data, ECBs, private placement), direct and indirect tax, TDS compliance, accounting and bookkeeping, management consultancy, and PAN-India physical verification of fixed assets and stock under CARO 2016.

The underlying technology stack is light: the firm uses Tally ERP and other mainstream accounting software to implement client accounting systems, with no proprietary platform, no API, and no AI/ML tooling disclosed. Revenue is generated through quote-based professional services fees across audit, tax, compliance and advisory engagements, with go-to-market executed through partner-led direct client engagement, professional referrals, and content marketing via the firm's blog and newsletter. The named customer base includes concurrent and statutory audit mandates for public-sector banks (City Union Bank, Bank of India, Corporation Bank, Central Bank of India) alongside a horizontal mix of companies, LLPs, partnership firms, individuals and professionals requiring compliance, taxation and business-setup support. The firm is founder-owned with no external investors, parent entity, subsidiaries, or M&A activity on record.

Name

Shah Sanghvi & Company

Legal name

Shah Sanghvi & Co.

Website

https://shahsanghavi.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Shah Sanghvi & Company is an ICAI-registered chartered accountancy partnership founded in 2016 in Bhavnagar, Gujarat, with 5 partners and 11 staff across Bhavnagar, Ahmedabad and Mumbai delivering audit, tax, GST, corporate finance and compliance services to Indian businesses, banks and individuals.

Ownership category

akta.pro rank

Product category

Chartered Accountancy Services

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742), Services-Management Services (8741)

akta.pro industry

PRIMARYBPAHAOAG

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYBPAHADAI

Strategic Partnerships, Alliances & JVs Advisory

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Strategy & Corporate Finance Advisory

Keywords

• Chartered accountancy services
• Audit and assurance
• Tax compliance services
• Corporate finance advisory
• Accounting and bookkeeping

Headquarters

HQ city

Bhavnagar

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Professional Services Fees: Revenue generated from providing comprehensive chartered accountancy services including audit, tax, corporate finance, compliance, and consultancy services to clients across India.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Shah Sanghvi & Company is a chartered accountancy firm registered with the Institute of Chartered Accountants of India (ICAI) that delivers a comprehensive portfolio of audit, taxation, compliance, corporate finance, and management consultancy services to businesses, financial institutions, and individuals across India. The firm operates with 5 partners and 11 professional staff across offices in Bhavnagar (Gujarat, headquarters), Ahmedabad, and Mumbai, offering integrated professional services under a single roof through partner-led client engagement.

Product overview

Shah Sanghvi & Company is a chartered accountancy firm (not a software product company) offering a comprehensive portfolio of professional services organized as distinct practice areas rather than a unified software platform. The firm's services are delivered through 5 partners and 11 professional staff across three locations in India (Bhavnagar headquarters, Ahmedabad, and Mumbai). The service portfolio comprises 11 core offerings: Audit & Assurance Services, GST Services, Company/LLP/Partnership Formation, Business Setup in India, Corporate Finance, Direct Tax & Regulatory Services, Indirect Tax & Regulatory Services, TDS Services, Accounting & Book Keeping, Management Consultancy, and Physical Verification of Fixed Assets/Stock. These services are provided as professional consultancy offerings rather than software products or modules, serving clients across India with expertise in taxation, auditing, corporate advisory, mergers and acquisitions, and business management.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Services
• GST (Goods & Services Tax) Services
• Company / LLP / Partnership Firm Services
• Setting Up Business in India
• Corporate Finance Services
• Direct Tax & Regulatory Services
• Indirect Tax & Regulatory Services
• TDS Related Services
• Accounting & Book Keeping Services
• Management Consultancy Services
• Physical Verification of Fixed Assets/Stock

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• BDO India: Indian member of BDO Global providing audit, tax, and advisory services across India, with overlapping service portfolio targeting mid-market and SME clients similar to SSCO.
• Mazars India: Member of Mazars global network providing audit, tax, and advisory services to mid-market and SME clients in India — comparable service mix and target market, though with international network backing.
• BSR & Co. (KPMG India affiliate): Indian chartered accountancy firm providing audit, tax, and advisory services with national reach, directly comparable in core service offerings but with significantly larger scale and Big 4 affiliation.
• Lodha & Co. Mid-sized Indian CA firm providing audit, taxation, and corporate advisory services with pan-India presence, directly comparable in service portfolio and SME/mid-market focus.
• N. A. Shah Associates: Established Mumbai-based mid-sized CA firm with similar audit, tax, and corporate advisory practice serving SMEs and mid-market companies — closely comparable in scale, service mix, and customer segments.
• KNAV & Co. Indian member firm of KNAV International providing audit, tax, and advisory services to mid-market clients — comparable in professional services delivery model and SME/mid-market client focus.
• Singhi & Co. Mid-tier Indian chartered accountancy firm offering audit, tax, and advisory services across India, comparable to SSCO in service portfolio and target market but with greater national presence and brand recognition.
• Walker Chandiok & Co. (Grant Thornton affiliate): Indian chartered accountancy firm providing audit, tax, and advisory services with strong mid-market and large-cap presence — directly comparable in core service offerings and Indian market focus.

Broad incumbents

• Grant Thornton Bharat: Major mid-tier accounting and advisory firm in India with full-service audit, tax, and consulting capabilities, competing with SSCO in the mid-market segment but with significantly larger scale.
• Deloitte India: Big 4 accounting and advisory firm in India offering the full range of audit, tax, consulting, and financial advisory services — competes with SSCO for mid-market clients and talent, though at materially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/shah-sanghvi-&-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shah Sanghvi & Company