Aic - Nitte Incubation Centre

Educational institution group offering diverse courses to thousands of students.

2019 | Udupi, Karnataka (India) | Active
Last Updated: December 04, 2024

Aic - Nitte Incubation Centre Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 2.00 K
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -82.58%
  • Profit Growth -119.26%
  • Ebitda 19.18%
  • Net Worth -19.23%
  • Total Assets 20.59%

About Aic - Nitte Incubation Centre

Aic - Nitte Incubation Centre (ANIC) is a Private Not For Profit Company incorporated in India on 23 May 2019 (Five years and eight months 10 days old ). Its registered office is in Udupi, Karnataka, India.

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 2.00 K , as per Ministry of Corporate Affairs (MCA) records.

Nitte Hegde and Vishal Hegde serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85300KA2019NPL124542

  • Company No.

    124542

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    23 May 2019

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Education

Who are the key members and board of directors at Aic - Nitte Incubation Centre?

Board Members (2)

NameDesignationAppointment DateStatus
Vishal Hegde Country flag representing In Director 23-May-2019Current
Nitte Hegde Country flag representing In Director 23-May-2019Current

Financial Performance of Aic - Nitte Incubation Centre.

Aic - Nitte Incubation Centre, for the financial year ended 2022, experienced significant reduction in revenue, with a 82.58% decrease. The company also saw a substantial fall in profitability, with a 119.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.23%.

Graph illustrating revenue growth over time
Graph showing 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
-82.58%
Revenue from Operations
739.26%
Total Assets
20.59%
Profit or Loss
-119.26%
Net Worth
-19.23%
EBITDA
19.18%

What is the Ownership and Shareholding Structure of Aic - Nitte Incubation Centre?

In 2020, Aic - Nitte Incubation Centre had a public 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 Aic - Nitte Incubation Centre?

Unlock and access historical data on people associated with Aic - Nitte Incubation Centre, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aic - Nitte Incubation Centre, 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 Aic - Nitte Incubation Centre'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 Aic - Nitte Incubation Centre

Recent activity within the organization

  • Annual General Meeting

    Aic - Nitte Incubation Centre last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Aic - Nitte Incubation Centre has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Nitte Vinaya Hegde was appointed as a Director was appointed as a Director on 23 May 2019 & has been associated with this company since 5 years 8 months .

    23 May 2019

  • Director Appointment

    Vishal Hegde was appointed as a Director was appointed as a Director on 23 May 2019 & has been associated with this company since 5 years 8 months .

    23 May 2019

  • Company Incorporation

    Aic - Nitte Incubation Centre was registered on 23 May 2019 with Roc Bangalore & aged 5 years 8 months as per MCA records.

    23 May 2019

Frequently asked questions

  • Aic - Nitte Incubation Centre was incorporated on 23 May 2019.

  • The authorized share capital of Aic - Nitte Incubation Centre is ₹ 0.10 M and paid-up capital is ₹ 2.00 K .

  • Currently 2 directors are associated with Aic - Nitte Incubation Centre.

    • Nitte Vinaya Hegde
    • Vishal Hegde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aic - Nitte Incubation Centre is Administrative Building Nmamit Post, India, Nitte, Karnataka, 574110.

  • The corporate identification number (CIN) of Aic - Nitte Incubation Centre is U85300KA2019NPL124542 and the company number is 124542 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aic - Nitte Incubation Centre is https://www.aicnitte.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aic - Nitte Incubation Centre has fallen by -82.58%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aic - Nitte Incubation Centre has experienced an downturn of -19.23%.

  • The most recent Balance Sheet for Aic - Nitte Incubation Centre was filed with the ROC on 31 Mar 2024.