Aakash Edutech Profile
Key Indicators
- Authorised Capital ₹ 38.25 Cr
- Paid Up Capital ₹ 25.03 Cr
- Company Age 23 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 70.00 Cr
- Revenue Growth 24.09%
- Profit Growth -113.74%
- Ebitda -137.09%
- Net Worth -94.34%
- Total Assets 92.06%
About Aakash Edutech
Aakash Edutech Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 April 2001 and has a history of 23 years and 11 months. Its registered office is in Delhi, India.
The Corporate was formerly known as Applect Learning Systems Pvt Ltd. The Company is engaged in the Internet 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 38.25 Cr and a paid-up capital of Rs 25.03 Cr.
The company currently has active open charges totaling ₹70.00 Cr.
The Key Managerial Personnel (KMP) at Aakash Edutech Private Limited India are Veerendra Achanta as COMPANY SECRETARY and Vipan Joshi as Cfo. Deepak Mehrotra, Byju Raveendran, and Sachin Saxena serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U99999DL2001PTC110324
- Company No.
110324
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Apr 2001
- Date of AGM
20 May 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Internet
Who are the key members and board of directors at Aakash Edutech?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veerendra Achanta  | Company Secretary | 19-Mar-2021 | Current |
| Vipan Joshi | CFO | 31-Oct-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Deepak Mehrotra | Director | 08-Jul-2024 | Current |
| Byju Raveendran | Director | 19-Jan-2023 | Current |
| Sachin Saxena | Director | 08-Jul-2024 | Current |
Financial Performance of Aakash Edutech.
Aakash Edutech Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 24.09% increase. The company also saw a substantial fall in profitability, with a 113.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aakash Edutech?
In 2021, Aakash Edutech had a promoter holding of 90.05% and a public holding of 9.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Grade Stack Learning Private LimitedByju Raveendran is a mutual person
Toppr Technologies Private LimitedByju Raveendran is a mutual person
Byju's K3 Education Private LimitedByju Raveendran is a mutual person
Aakash Educational Services LimitedDeepak Mehrotra, Byju Raveendran and 2 more are mutual person
Specadel Technologies Private LimitedByju Raveendran is a mutual person
Whitehat Education Technology Private LimitedByju Raveendran is a mutual person
Charges (Loans)
Open Charges
₹70.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 70.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2020 | Hdfc Bank Limited | ₹70.00 Cr | Open |
How Many Employees Work at Aakash Edutech?
Aakash Edutech has a workforce of 102 employees as of Apr 06, 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 Edutech, 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 Edutech'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.
Latest Updates, News, and FAQs on Aakash Edutech
Recent activity within the organization
- Director Appointment
Deepak Mehrotra was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 8 months 18 days .
- Director Appointment
Sachin Saxena was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 8 months 18 days .
- Annual General Meeting
Aakash Edutech Private Limited last Annual general meeting of members was held on 20 May 2024 as per latest MCA records.
- Balance Sheet
Aakash Edutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Director Appointment
Byju Raveendran was appointed as a Director was appointed as a Director on 19 Jan 2023 & has been associated with this company since 2 years 2 months .
- Director Appointment
Vipan Chand Joshi was appointed as a Cfo was appointed as a Cfo on 31 Oct 2022 & has been associated with this company since 2 years 4 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Aakash Edutech Private Limited?
Aakash Edutech Private Limited was incorporated on 04 Apr 2001.
What is authorized share capital and paid-up capital of Aakash Edutech Private Limited?
The authorized share capital of Aakash Edutech Private Limited is ₹ 38.25 Cr and paid-up capital is ₹ 25.03 Cr.
Who are the current board members & directors of Aakash Edutech Private Limited?
Currently 5 directors are associated with Aakash Edutech Private Limited.
- Deepak Mehrotra
- Byju Raveendran
- Sachin Saxena
- Veerendra Kumar Achanta
- Vipan Chand Joshi
What is the registered address of Aakash Edutech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Edutech Private Limited is Plot No. 8, Aakash Tower Pusa Road India, New Delhi, 110005.
What is the corporate identification number (CIN) and company number of Aakash Edutech Private Limited?
The corporate identification number (CIN) of Aakash Edutech Private Limited is U99999DL2001PTC110324 and the company number is 110324 as per Ministry of Corporate Affairs (MCA).
What is the official website of Aakash Edutech Private Limited?
The Official website of Aakash Edutech Private Limited is https://www.meritnation.com
What has been the recent revenue trend for Aakash Edutech Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Aakash Edutech Private Limited has risen by 24.09%.
How many employees does Aakash Edutech Private Limited currently have?
As Per 2021 financial reports, 102 employees are currently employed by Aakash Edutech Private Limited.
What change has been observed in the net worth of Aakash Edutech Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Aakash Edutech Private Limited has experienced an downturn of -94.34%.
What are the total open charges for Aakash Edutech Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Aakash Edutech Private Limited amount to ₹ 70.00 Cr.
When was the last Balance Sheet of Aakash Edutech Private Limited filed with the ROC?
The most recent Balance Sheet for Aakash Edutech Private Limited was filed with the ROC on 31 Mar 2023.
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