Mega Gyan Edufoundation

Establishes and manages healthcare and educational institutions as a franchisee.

2007 | Delhi (India) | Active
Last Updated:

Mega Gyan Edufoundation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 4.66%
  • Profit Growth 62.88%
  • Ebitda -31.01%
  • Net Worth -11.47%
  • Total Assets -11.05%

About Mega Gyan Edufoundation

Mega Gyan Edufoundation (MGE) is a Private Not For Profit Company incorporated in India on 09 May 2007 and has a history of 17 years and ten months. Its registered office is in Delhi, India.

The Corporate was formerly known as Manipal Academy Of Health & Education 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Krishna Prasad and Savithri Prasad serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2007NPL163154

  • Company No.

    163154

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    09 May 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Education
Healthcare

Who are the key members and board of directors at Mega Gyan Edufoundation?

Board Members (2)

NameDesignationAppointment DateStatus
Krishna Prasad Country flag representing In Director 07-Nov-2022Current
Savithri Prasad Country flag representing In Director 07-Nov-2022Current

Financial Performance of Mega Gyan Edufoundation.

Mega Gyan Edufoundation, for the financial year ended 2023, experienced modest growth in revenue, with a 4.66% increase. The company also saw a substantial improvement in profitability, with a 62.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.47%.

Mega Gyan Edufoundation revenue growth over time
Mega Gyan Edufoundation 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
4.66%
Revenue from Operations
-100.00%
Total Assets
-11.05%
Profit or Loss
62.88%
Net Worth
-11.47%
EBITDA
-31.01%

What is the Ownership and Shareholding Structure of Mega Gyan Edufoundation?

Unlock access to Mega Gyan Edufoundation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Mega Gyan Edufoundation?

Unlock and access historical data on people associated with Mega Gyan Edufoundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mega Gyan Edufoundation

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mega Gyan Edufoundation, 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 Mega Gyan Edufoundation'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 Mega Gyan Edufoundation

Recent activity within the organization

  • Annual General Meeting

    Mega Gyan Edufoundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mega Gyan Edufoundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Krishna Prasad was appointed as a Director was appointed as a Director on 07 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Savithri Prasad was appointed as a Director was appointed as a Director on 07 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Company Incorporation

    Mega Gyan Edufoundation was registered on 09 May 2007 with Roc Delhi & aged 17 years 10 months as per MCA records.

Recent News, Updates & Announcement

  • Mega Gyan Edufoundation news update on market trends
    Manipal Group acquires Jigsaw Academy | Mint.

    Jigsaw Academy founders Sarita Digumarti and Gaurav Vohra will continue with the firm.Manipal ProLearn offers certification courses across technology, digital marketing, data sciences, project management and finance.

    mint

  • Mega Gyan Edufoundation news update on market trends
    Blackstone to Invest Rs 3,200 Crore in Manipal Group's Medanta Hospital Acquisition, Expected to Close by March.

    Blackstone is investing Rs 3,200 crore to help Ranjan Pai of Manipal Group buy Medanta Hospital for Rs 6,000 crore. Pai owns 60% of Manipal Hospitals, with TPG and Temasek owning the rest. Blackstone's investment will have a pre-agreed return and is expected to be completed by March. Medanta founder Naresh Trehan may stay on after the acquisition. Blackstone has invested $9 billion in India and is gaining traction in structured capital solutions..

    Economic Times

  • Mega Gyan Edufoundation news update on market trends
    TPG and Manipal Set to Acquire Medanta for 6000 Crore Amidst Exclusivity Period, Healthcare Sector Sees Multiple Investments from KKR, General Atlantic, and True North.

    When you hear TPG and Manipal are buying Medanta for 6000 crore but then you remember they have a three-month exclusivity period so no other buyers can come in. Meanwhile, Medanta is just like "We don't comment on media speculations." TPG is really into healthcare in India, they even fought for Fortis last year. But now they're focusing on Medanta, which is owned by Carlyle and Temasek. But wait, didn't Carlyle also buy a stake in Global Health in 2013? And Temasek in 2015? And now Medanta is facing pressure because of price controls. But don't worry, there's still hope for the healthcare sector with investments from KKR, General Atlantic, and True North..

    mint

Frequently asked questions

  • What is the Incorporation or founding date of Mega Gyan Edufoundation?

    Mega Gyan Edufoundation was incorporated on 09 May 2007.

  • What is authorized share capital and paid-up capital of Mega Gyan Edufoundation?

    The authorized share capital of Mega Gyan Edufoundation is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Mega Gyan Edufoundation?

    Currently 2 directors are associated with Mega Gyan Edufoundation.

    • Krishna Prasad
    • Savithri Prasad
  • What is the registered address of Mega Gyan Edufoundation?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mega Gyan Edufoundation is Automatic House 10/19 Ground Floor, East Patel Nagar India, New Delhi, 110008.

  • What is the corporate identification number (CIN) and company number of Mega Gyan Edufoundation?

    The corporate identification number (CIN) of Mega Gyan Edufoundation is U74999DL2007NPL163154 and the company number is 163154 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mega Gyan Edufoundation?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mega Gyan Edufoundation has risen by 4.66%.

  • What change has been observed in the net worth of Mega Gyan Edufoundation, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mega Gyan Edufoundation has experienced an downturn of -11.47%.

  • When was the last Balance Sheet of Mega Gyan Edufoundation filed with the ROC?

    The most recent Balance Sheet for Mega Gyan Edufoundation was filed with the ROC on 31 Mar 2023.