Aakash Educational Services Profile
Key Indicators
- Authorised Capital ₹ 57.50 Cr
- Paid Up Capital ₹ 56.06 Cr
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 480.00 Cr
- Satisfied Charges ₹ 2,463.55 Cr
- Revenue Growth -17.62%
- Profit Growth -73.67%
- Ebitda -50.96%
- Net Worth -7.73%
- Total Assets 1.21%
About Aakash Educational Services
Aakash Educational Services Limited (AESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 October 2007 and has a history of 17 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Aakash Educational Services Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 57.50 Cr and a paid-up capital of Rs 56.06 Cr.
The company currently has active open charges totaling ₹480.00 Cr. The company has closed loans amounting to ₹2,463.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aakash Educational Services Limited India are Veerendra Achanta as COMPANY SECRETARY and Vipan Joshi as Cfo. Shailesh Haribhakti, Nikhil Naik, Danda Prasad, and Four other members 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
U80300KA2007PLC150057
- Company No.
169398
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Oct 2007
- Date of AGM
23 Oct 2021
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Aakash Educational Services Limited offer?
Aakash Educational Services Limited offers a wide range of products and services, including Online Education & Coaching Services, Entrance Coaching Institutes, Coaching Classes, NEET entrance coaching, Educational Services, Mathematics Coaching Service, Medical Educational Service, Medical Courses, Certificate Courses, Short Term Courses.
Who are the key members and board of directors at Aakash Educational Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veerendra Achanta  | Company Secretary | 19-Jun-2018 | Current |
| Deepak Mehrotra | Managing Director | 08-Apr-2024 | Current |
| Vipan Joshi | CFO | 31-Oct-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shailesh Haribhakti | Director | 11-Aug-2023 | Current |
| Bhumika Batra | Director | 21-Oct-2024 | Current |
| Nikhil Naik | Director | 11-Aug-2023 | Current |
| Danda Prasad | Director | 21-Oct-2024 | Current |
| Byju Raveendran | Director | 16-Jun-2023 | Current |
| Ajay Khanna | Director | 01-Aug-2023 | Current |
Financial Performance of Aakash Educational Services.
Aakash Educational Services Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 17.62% decrease. The company also saw a substantial fall in profitability, with a 73.67% decrease in profit. The company's net worth dipped by a decrease of 7.73%.
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What is the Ownership and Shareholding Structure of Aakash Educational Services?
In 2021, Aakash Educational Services had a promoter holding of 57.36% and a public holding of 42.64%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sharp India LimitedBhumika Batra is a mutual person
Repro India LimitedBhumika Batra is a mutual person
Rapidue Technologies Private LimitedShailesh Haribhakti is a mutual person
Protean Egov Technologies LimitedShailesh Haribhakti is a mutual person
Oerlikon Textile India Private LimitedBhumika Batra is a mutual person
Ndl Ventures LimitedBhumika Batra is a mutual person
Charges (Loans)
₹480.00 Cr
₹2,463.55 Cr
Charges Breakdown by Lending Institutions
- Others : 410.00 Cr
- Hdfc Bank Limited : 70.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Oct 2024 | Others | ₹200.00 Cr | Open |
| 19 Sep 2024 | Others | ₹200.00 Cr | Open |
| 10 Jun 2021 | Others | ₹10.00 Cr | Open |
| 29 Oct 2020 | Hdfc Bank Limited | ₹70.00 Cr | Open |
| 06 Mar 2024 | Others | ₹200.00 Cr | Satisfied |
How Many Employees Work at Aakash Educational Services?
Aakash Educational Services has a workforce of 5131 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aakash Educational Services, 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 Aakash Educational Services'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.
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