Paniit Alumni Reach For India Foundation Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.11 M
- Company Age 15 Year, 4 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 four 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyanarayana Naga  | Director | 15-Feb-2016 | Current |
| Tadimeti Kalyan | Director | 11-Mar-2011 | Current |
| Hariharan Padmanabhan | Director | 22-Oct-2009 | Current |
| Ashank Desai | Director | 22-Oct-2009 | Current |
Arjun Malhotra  | Director | 15-Feb-2016 | Current |
| Ravi Venkataraman | Additional Director | 04-Aug-2020 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Magic Software Private LimitedArjun Malhotra is a mutual person
National Association Of Software And Service CompaniesAshank Desai is a mutual person
- Indian Federation Against Software Theft
Ashank Desai is a mutual person
Mapmygenome India LimitedArjun Malhotra is a mutual person
Aimil LimitedArjun Malhotra is a mutual person
Mastek LimitedAshank Desai is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2013 | National Skill Development Corporation | ₹20.63 Cr | Open |
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.
Deals i
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
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 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.
- Balance Sheet
Paniit Alumni Reach For India Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- 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 9 years 15 days .
- 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 9 years 15 days .
- Charges
A charge with National Skill Development Corporation amounted to Rs. 206.29 M with Charge ID 10436757 was registered on 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 11 months .
Frequently asked questions
What is the Incorporation or founding date of Paniit Alumni Reach For India Foundation?
Paniit Alumni Reach For India Foundation was incorporated on 22 Oct 2009.
What is authorized share capital and paid-up capital of Paniit Alumni Reach For India Foundation?
The authorized share capital of Paniit Alumni Reach For India Foundation is ₹ 1.00 M and paid-up capital is ₹ 0.11 M.
Who are the current board members & directors of Paniit Alumni Reach For India Foundation?
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
What is the registered address of Paniit Alumni Reach For India Foundation?
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.
What is the corporate identification number (CIN) and company number of Paniit Alumni Reach For India Foundation?
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).
What is the official website of Paniit Alumni Reach For India Foundation?
The Official website of Paniit Alumni Reach For India Foundation is https://www.parfi.org
What has been the recent revenue trend for Paniit Alumni Reach For India Foundation?
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%.
How many employees does Paniit Alumni Reach For India Foundation currently have?
As Per 2023 financial reports, 2 employees are currently employed by Paniit Alumni Reach For India Foundation.
What change has been observed in the net worth of Paniit Alumni Reach For India Foundation, and by what percentage?
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%.
What are the total open charges for Paniit Alumni Reach For India Foundation?
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.
When was the last Balance Sheet of Paniit Alumni Reach For India Foundation filed with the ROC?
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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