Iec Education Limited

Provides diverse educational services including computer education, franchise opportunities, and personality development programs.

1994 | Delhi (India) | Active
Last Updated: December 21, 2024

Iec Education Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 15.26 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 M
  • Satisfied Charges ₹ 20.59 Cr
  • Revenue Growth -77.00%
  • Profit Growth -5.13%
  • Ebitda 9.14%
  • Net Worth -0.66%
  • Total Assets -0.73%

About Iec Education

Iec Education Limited (IEL) is a Public Limited Indian Non-Government Company incorporated in India on 23 August 1994 and has a history of 30 years and five months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531840.

The Corporate was formerly known as Iec Softwares 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 21.00 Cr and a paid-up capital of Rs 15.26 Cr.

The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹20.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Iec Education Limited India are Sujit Mishra as Cfo, Shrey Rustagi as Company Secretary, and Navin Gupta as Ceo. Shalini Gupta, Hemang Bhatt, Bijoy Pandit, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1994PLC061053

  • Company No.

    061053

  • Stock Symbol

    BSE : 531840

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 1994

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Education

Who are the key members and board of directors at Iec Education?

Executive Team (3)

Name Designation Appointment Date Status
Sujit Mishra CFO 30-Aug-2022 Current
Shrey Rustagi Country flag representing In Company Secretary 30-Aug-2022 Current
Navin Gupta CEO 29-Aug-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Bijoy Pandit Country flag representing In Director 02-Sep-2017 Current
Shalini Gupta Country flag representing In Director 22-Mar-2021 Current
Hemang Bhatt Country flag representing In Director 29-Sep-2022 Current
Sunil Kumar Country flag representing In Director 30-May-2019 Current
Vipin Kushwaha Director 03-Aug-2024 Current

Financial Performance of Iec Education.

Iec Education Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 77% decrease. The company also saw a slight decrease in profitability, with a 5.13% decrease in profit. The company's net worth dipped by a decrease of 0.66%.

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
-77.00%
Revenue from Operations
Total Assets
-0.73%
Profit or Loss
-5.13%
Net Worth
-0.66%
EBITDA
9.14%

What is the Ownership and Shareholding Structure of Iec Education?

In 2022, Iec Education had a promoter holding of 66.49% and a public holding of 33.51%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹20.59 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 1996 Central Bank Of India ₹3.00 M Open
17 Nov 2001 Central Bank Of India ₹10.00 Cr Satisfied
12 Nov 2001 Global Trust Bank ₹4.00 Cr Satisfied
08 Dec 1998 Central Bank Of India ₹6.59 Cr Satisfied

How Many Employees Work at Iec Education?

Iec Education has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iec Education, 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 Iec Education'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 Iec Education

Recent activity within the organization

  • Director Appointment

    Navin Gupta was appointed as a Ceo was appointed as a Ceo on 29 Aug 2024 & has been associated with this company since 5 months 5 days .

    29 Aug 2024

  • Director Appointment

    Vipin Kumar Kushwaha was appointed as a Director was appointed as a Director on 03 Aug 2024 & has been associated with this company since 6 months 1 day .

    03 Aug 2024

  • Annual General Meeting

    Iec Education Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Iec Education Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Hemang Gopal Bhatt was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 4 months .

    29 Sep 2022

  • Director Appointment

    Sujit Kumar Mishra was appointed as a Cfo was appointed as a Cfo on 30 Aug 2022 & has been associated with this company since 2 years 5 months .

    30 Aug 2022

Frequently asked questions

  • Iec Education Limited was incorporated on 23 Aug 1994.

  • The authorized share capital of Iec Education Limited is ₹ 21.00 Cr and paid-up capital is ₹ 15.26 Cr.

  • Currently 8 directors are associated with Iec Education Limited.

    • Shalini Gupta
    • Hemang Gopal Bhatt
    • Bijoy Kumar Pandit
    • Sunil Kumar
    • Vipin Kumar Kushwaha
    • Sujit Kumar Mishra
    • Shrey Rustagi
    • Navin Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iec Education Limited is E-578, First Floor Greater Kailash-Ii India, New Delhi, 110048.

  • The corporate identification number (CIN) of Iec Education Limited is L74899DL1994PLC061053 and the company number is 061053 as per Ministry of Corporate Affairs (MCA).

  • Yes, Iec Education Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Iec Education Limited is https://www.iecgroup.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Iec Education Limited has fallen by -77.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Iec Education Limited has experienced an downturn of -0.66%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Iec Education Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Iec Education Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on K-12 & Higher Education Institutions