1M1B Foundation

Provides training services for AI, creativity, skills acceleration, and water shops.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated:

1M1B Foundation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 10.00 K
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -11.66%
  • Profit Growth 100.04%
  • Ebitda 17.82%
  • Net Worth 0.17%
  • Total Assets 98.55%

About 1M1B Foundation

1M1b Foundation (1F) is a Private Not For Profit Company incorporated in India on 27 August 2012 and has a history of 12 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Red Chariot Foundation. The Company is engaged in the Education Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 10.00 K , as per Ministry of Corporate Affairs (MCA) records.

Manav Subodh, Priya Subodh, and Abhiram Natarajan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000KA2012NPL065554

  • Company No.

    065554

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    27 Aug 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Education
Company report

1M1b Foundation

Explore comprehensive data for 1M1b Foundation, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at 1M1B Foundation?

Board Members (3)

NameDesignationAppointment DateStatus
Priya Subodh Country flag representing In Director 01-Jan-2021Current
Manav Subodh Country flag representing In Director 23-Aug-2024Current
Abhiram Natarajan Country flag representing In Director 01-Aug-2022Current

Financial Performance of 1M1B Foundation.

1M1B Foundation, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.66% decrease. The company also saw a substantial improvement in profitability, with a 100.04% increase in profit. The company's net worth moved up by a moderate rise of 0.17%.

1M1B Foundation revenue growth over time
1M1B Foundation 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
-11.66%
Revenue from Operations
-68.29%
Total Assets
98.55%
Profit or Loss
100.04%
Net Worth
0.17%
EBITDA
17.82%

What is the Ownership and Shareholding Structure of 1M1B Foundation?

In 2023, 1M1B Foundation 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 1M1B Foundation?

Unlock and access historical data on people associated with 1M1B Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for 1M1B Foundation

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of 1M1B Foundation, 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 1M1B Foundation'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 1M1B Foundation

Recent activity within the organization

  • Annual General Meeting

    1M1B Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Manav Subodh was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 8 months 3 days .

  • Balance Sheet

    1M1B Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Abhiram Natarajan was appointed as a Director was appointed as a Director on 01 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Priya Subodh was appointed as a Director was appointed as a Director on 01 Jan 2021 & has been associated with this company since 4 years 3 months .

  • Company Incorporation

    1M1B Foundation was registered on 27 Aug 2012 with Roc Bangalore & aged 12 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of 1M1B Foundation?

    1M1B Foundation was incorporated on 27 Aug 2012.

  • What is authorized share capital and paid-up capital of 1M1B Foundation?

    The authorized share capital of 1M1B Foundation is ₹ 0.10 M and paid-up capital is ₹ 10.00 K .

  • Who are the current board members & directors of 1M1B Foundation?

    Currently 3 directors are associated with 1M1B Foundation.

    • Manav Subodh
    • Priya Subodh
    • Abhiram Natarajan

  • What is the registered address of 1M1B Foundation?

    As per Ministry of Corporate Affairs (Mca), the registered address of 1M1B Foundation is Kay Arr The Ivy No. 692 16Th Main 6Th A Cross 3Rd Block, India, Bangalore South, Karnataka, 560034.

  • What is the corporate identification number (CIN) and company number of 1M1B Foundation?

    The corporate identification number (CIN) of 1M1B Foundation is U93000KA2012NPL065554 and the company number is 065554 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of 1M1B Foundation?

    The Official website of 1M1B Foundation is https://www.activate1m1b.org

  • What has been the recent revenue trend for 1M1B Foundation?

    According to the financial reports for the fiscal year 2023, the revenue trend for 1M1B Foundation has fallen by -11.66%.

  • What change has been observed in the net worth of 1M1B Foundation, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of 1M1B Foundation has experienced an upsurge of 0.17%.

  • When was the last Balance Sheet of 1M1B Foundation filed with the ROC?

    The most recent Balance Sheet for 1M1B Foundation was filed with the ROC on 31 Mar 2024.

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