Shah Gupta & Co.,

What Shah Gupta & Co., does

Shah Gupta & Co. is a Mumbai-headquartered, Category-I chartered accountancy partnership firm established in 1976 that delivers audit, tax, regulatory-compliance, and advisory services to corporate clients across multiple industry sectors in India. Its core offerings span Assurance Services, Indian Accounting Standards (Ind AS) implementation, Internal Audit, Internal Financial Controls review, Forensic Audit, Tax Services, International Taxation and FEMA advisory, and Consultancy/Advisory, with a dedicated SGC IND AS Team sub-brand handling Ind AS work. The firm monetizes through project-based and retainer professional services fees typical of Indian CA partnerships, sold via a relationship-led, partner-driven GTM supported by an unusually deep online Knowledge Bank of calculators, regulatory bulletins, legal-acts repository, and compliance utilities used as a content-marketing lead-generation asset.

The firm's technology stack is not publicly disclosed and the digital platform consists of static client utilities — GST, TDS, Income Tax, EMI, RERA, and HSN calculators; IFSC/MICR lookups; depreciation and stamp-duty references — rather than integrated software products. It has no native mobile application, no public API, and no disclosed AI, automation, or data product lines. Marketing and client engagement run through the Knowledge Bank portal, an events calendar, an online query submission form, and a WhatsApp Business contact channel, with services delivered directly by partners and professional staff across a single Mumbai office.

Operationally, Shah Gupta & Co. is a privately held Indian partnership under ICAI regulation, with no parent, no subsidiaries, no external institutional investors, no funding rounds, and no public ticker. Ownership and management rest with its partners, and no mergers, acquisitions, restructurings, or leadership transitions are disclosed in the available data. The firm serves only the Indian market and does not claim a global footprint.

Name

Shah Gupta & Co.,

Legal name

Shah Gupta & Co.

Website

https://shahgupta.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

Shah Gupta & Co. is a Mumbai-based, Category-I Indian chartered accountancy partnership founded in 1976, providing audit, taxation, Ind AS, forensic audit, FEMA, and advisory services to corporate clients across multiple sectors, supported by an extensive online Knowledge Bank.

Ownership category

akta.pro rank

Product category

Accounting & Audit Services

NAICS

Offices of Certified Public Accountants (541211)

SIC

Finance Services (6199)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Chartered accountancy services
• Audit and assurance
• Taxation advisory
• Regulatory compliance
• Forensic audit

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Professional Services Fees: Revenue is generated through fees for professional services including audit and assurance, taxation, financial and management consultancy, regulatory compliance services, and business valuations. The firm operates on a project-based and retainer engagement model typical of chartered accountant firms.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Shah Gupta & Co. is a Category-I Indian chartered accountancy firm established in 1976, providing audit & assurance, taxation, internal audit, forensic audit, internal financial controls (IFC), international taxation & FEMA advisory, and business consultancy/advisory services. The firm serves corporates across sectors with deep expertise in Indian Accounting Standards (Ind AS) and maintains a free online knowledge bank with calculators and regulatory references.

Product overview

Shah Gupta & Co. is a Category-I Accountancy Firm established in 1976 offering a comprehensive suite of professional services. The core offerings include Assurance Services, Indian Accounting Standards (Ind AS) implementation, Internal Audit Services, Internal Financial Controls review, Forensic Audit Services, Tax Services, International Taxation & FEMA advisory, and Consultancy/Advisory services. The firm also provides an extensive online platform featuring various calculators (GST, Tax, TDS, EMI, Home/Auto Loan, RERA, and financial calculators), a legal acts repository covering Indian statutes (Direct Tax, Indirect Tax, Corporate Laws, VAT, GST), regulatory bulletins and notifications, and compliance utilities (TDS rates, IFSC codes, depreciation rates, stamp duty). The services are delivered through professional expertise supplemented by these digital knowledge resources and tools.

Differentiator

Problem solved

Functional benefit

Brands

• SGC IND AS TEAM: Internal team specializing in Indian Accounting Standards (IND AS) services.

Products and services

• Assurance Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Chhajed & Doshi: Mumbai-based Category-I Indian chartered accountancy firm providing audit, tax, and advisory. Closely comparable in scale, service breadth, and client profile to Shah Gupta & Co.
• Grant Thornton India: Indian member of Grant Thornton International, offering audit, tax, and advisory. Comparable client segment and service mix, though with international network support and broader geographic reach.
• Singhi & Co. Mumbai-headquartered Indian CA firm offering audit, tax, advisory, and risk consulting. Comparable to Shah Gupta & Co. as a homegrown full-service firm with similar client profile and Category-I recognition.
• Lodha & Co. One of India's oldest and largest indigenous chartered accountancy firms, headquartered in Mumbai. Directly comparable to Shah Gupta & Co. in service mix (audit, tax, advisory) and Category-I status, competing for the same mid-market and SME corporate clients.
• BDO India: Mid-tier international accounting network member firm in India. Direct competitor to Shah Gupta & Co. for mid-market audit, tax, and advisory engagements with a similar relationship-led delivery model.
• KNAV International: India-rooted international accounting and advisory network. Comparable to Shah Gupta & Co. as an Indian-origin firm scaling into cross-border audit and advisory services for mid-market clients.

Broad incumbents

• S.R. Batliboi & Co. (EY India): Indian member firm of EY providing audit, tax, and advisory services. Comparable as a Mumbai-based audit and tax practice serving large Indian corporates, but part of a global Big 4 network with materially greater scale and resources.
• KPMG India: Indian operations of KPMG providing audit, tax, and advisory. Comparable services but with national reach, Big 4 brand premium, and enterprise-grade delivery infrastructure.
• Price Waterhouse & Co (PwC India): PwC's Indian member firm offering audit, tax, and consulting. Direct overlap with Shah Gupta's core services but serves large-cap and multinational clients under the PwC global network.
• Deloitte Haskins & Sells (Deloitte India): Indian affiliate of Deloitte Touche Tohmatsu, headquartered in Mumbai. Overlaps with Shah Gupta & Co. across audit, tax, and advisory but operates at significantly larger scale under a global brand.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Gupta & Co.,