1M1B Foundation Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 16-11-2024
- Paid Up Capital ₹ 10.00 K
as on 16-11-2024
- Company Age 12 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -11.66%
(FY 2023)
- Profit 100.04%
(FY 2023)
- Ebitda 17.45%
(FY 2023)
- Net Worth 0.17%
(FY 2023)
- Total Assets 98.55%
(FY 2023)
About 1M1B Foundation
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at 1M1B Foundation?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priya Subodh  | Director | 01-Jan-2021 | Current |
| Manav Subodh | Director | 23-Aug-2024 | Current |
| Abhiram Natarajan | Director | 01-Aug-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Hypershift Innovation Private LimitedActive 9 years 7 monthsManav Subodh and Priya Subodh are mutual person
- Purpose Academy & Training Labs Private LimitedActive 5 years 2 months
Manav Subodh is a mutual person
- Acic - Hypershift Innovation CentreActive 1 year 6 months
Manav Subodh and Priya Subodh are mutual person
Charges (Loans)
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.
Deals i
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
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
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.
