Paniit Alumni Reach For India Foundation

Provides education and training services to underprivileged individuals through self-sustainable models.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Paniit Alumni Reach For India Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.63 Cr
  • Revenue Growth 48.34%
  • Profit Growth 116.67%
  • Ebitda 406.41%
  • Net Worth 106.99%
  • Total Assets 23.14%

About Paniit Alumni Reach For India Foundation

Paniit Alumni Reach For India Foundation (PARFIF) is a leading Private Not For Profit Company incorporated in India on 22 October 2009 and has a history of 15 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Reach For India Foundation. 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 1.00 M and a paid-up capital of Rs 0.11 M.

The company currently has active open charges totaling ₹20.63 Cr.

Ashank Desai, Hariharan Padmanabhan, Tadimeti Kalyan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000MH2009NPL196614

  • Company No.

    196614

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    22 Oct 2009

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Education

Who are the key members and board of directors at Paniit Alumni Reach For India Foundation?

Board Members (6)

NameDesignationAppointment DateStatus
Satyanarayana Naga Country flag representing In Director 15-Feb-2016Current
Tadimeti Kalyan Country flag representing In Director 11-Mar-2011Current
Hariharan Padmanabhan Country flag representing In Director 22-Oct-2009Current
Ashank Desai Country flag representing In Director 22-Oct-2009Current
Arjun Malhotra Country flag representing Us Director 15-Feb-2016Current
Ravi Venkataraman Country flag representing In Additional Director 04-Aug-2020Current

Financial Performance of Paniit Alumni Reach For India Foundation.

Paniit Alumni Reach For India Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 48.34% increase. The company also saw a substantial improvement in profitability, with a 116.67% increase in profit. The company's net worth Soared by an impressive increase of 106.99%.

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
48.34%
Revenue from Operations
61.51%
Total Assets
23.14%
Profit or Loss
116.67%
Net Worth
106.99%
EBITDA
406.41%

What is the Ownership and Shareholding Structure of Paniit Alumni Reach For India Foundation?

In 2023, Paniit Alumni Reach For India Foundation had a promoter holding of 90.91% and a public holding of 9.09%. 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

₹206.29 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • National Skill Development Corporation : 20.63 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2013National Skill Development Corporation₹20.63 CrOpen

How Many Employees Work at Paniit Alumni Reach For India Foundation?

Paniit Alumni Reach For India Foundation has a workforce of 2 employees as of Apr 09, 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 Paniit Alumni Reach For India Foundation, 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 Paniit Alumni Reach For India Foundation'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 Paniit Alumni Reach For India Foundation

Recent activity within the organization

  • Annual General Meeting

    Paniit Alumni Reach For India Foundation last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Balance Sheet

    Paniit Alumni Reach For India Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Satyanarayana Kalidindi Naga was appointed as a Director was appointed as a Director on 15 Feb 2016 & has been associated with this company since 8 years 11 months .

    15 Feb 2016

  • Director Appointment

    Arjun Malhotra was appointed as a Director was appointed as a Director on 15 Feb 2016 & has been associated with this company since 8 years 11 months .

    15 Feb 2016

  • Charges

    A charge with National Skill Development Corporation amounted to Rs. 206.29 M with Charge ID 10436757 was registered on 26 Jun 2013.

    26 Jun 2013

  • Director Appointment

    Tadimeti Chakravarthy Kalyan was appointed as a Director was appointed as a Director on 11 Mar 2011 & has been associated with this company since 13 years 10 months .

    11 Mar 2011

Frequently asked questions

  • Paniit Alumni Reach For India Foundation was incorporated on 22 Oct 2009.

  • The authorized share capital of Paniit Alumni Reach For India Foundation is ₹ 1.00 M and paid-up capital is ₹ 0.11 M.

  • Currently 6 directors are associated with Paniit Alumni Reach For India Foundation.

    • Ashank Datta Desai
    • Hariharan Krishnier Padmanabhan
    • Tadimeti Chakravarthy Kalyan
    • Ravi Venkataraman
    • Satyanarayana Kalidindi Naga
    • Arjun Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paniit Alumni Reach For India Foundation is Paniit Alumni Reach For India Foundation Mab 09 Basement Maths Dept. Iit Bombay, Powai, Mumbai, Maharashtra, 400076.

  • The corporate identification number (CIN) of Paniit Alumni Reach For India Foundation is U93000MH2009NPL196614 and the company number is 196614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paniit Alumni Reach For India Foundation is https://www.parfi.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paniit Alumni Reach For India Foundation has risen by 48.34%.

  • As Per 2023 financial reports, 2 employees are currently employed by Paniit Alumni Reach For India Foundation.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paniit Alumni Reach For India Foundation has experienced an upsurge of 106.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paniit Alumni Reach For India Foundation amount to ₹ 20.63 Cr.

  • The most recent Balance Sheet for Paniit Alumni Reach For India Foundation was filed with the ROC on 31 Mar 2023.

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