Pearson India Education Services Profile
Key Indicators
- Authorised Capital ₹ 94.90 Cr
- Paid Up Capital ₹ 6.58 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 6.76 Cr
- Revenue Growth -28.22%
- Profit Growth 70.08%
- Ebitda 0.47%
- Net Worth -5.25%
- Total Assets -6.95%
About Pearson India Education Services
Pearson India Education Services Private Limited (PIESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 August 2005 and has a history of 19 years and eight months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Tutorvista Global Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 94.90 Cr and a paid-up capital of Rs 6.58 Cr.
The company has closed loans amounting to ₹6.76 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pearson India Education Services Private Limited India is Krishnanchettiyar Vijayakumar as COMPANY SECRETARY. Pradeep Palakurissi, Vinay Swamy, Rangaswamy Gopinath, and Two other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TN2005PTC057128
- Company No.
057128
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Aug 2005
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Internet
Pearson India Education Services Private Limited
Explore comprehensive data for Pearson India Education Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pearson India Education Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnanchettiyar Vijayakumar  | Company Secretary | 15-Sep-2014 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Palakurissi | Whole-Time Director | 08-Feb-2017 | Current |
| Rangaswamy Gopinath | Whole-Time Director | 31-Jul-2020 | Current |
| Vinay Swamy | Whole-Time Director | 31-Aug-2020 | Current |
| Ramkumar Pankaj | Whole-Time Director | 18-Nov-2022 | Current |
| Tushar Alok | Whole-Time Director | 25-Nov-2022 | Current |
Financial Performance of Pearson India Education Services.
Pearson India Education Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.22% decrease. The company also saw a substantial improvement in profitability, with a 70.08% increase in profit. The company's net worth dipped by a decrease of 5.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pearson India Education Services?
In 2021, Pearson India Education Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹6.76 Cr
Charges Breakdown by Lending Institutions
- Small Industries Development Bank Of India : 5.00 Cr
- Kotak Mahindra Prime Limited : 1.46 Cr
- Union Bank Of India : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2008 | Small Industries Development Bank Of India | ₹5.00 Cr | Satisfied |
| 27 Mar 2008 | Kotak Mahindra Prime Limited | ₹0.60 M | Satisfied |
| 30 Dec 2007 | Union Bank Of India | ₹3.00 M | Satisfied |
| 07 Aug 2007 | Kotak Mahindra Prime Limited | ₹0.25 M | Satisfied |
| 31 Jan 2007 | Kotak Mahindra Prime Limited | ₹1.11 M | Satisfied |
How Many Employees Work at Pearson India Education Services?
Pearson India Education Services has a workforce of 1319 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 Pearson India Education Services, 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 Pearson India Education Services'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 Pearson India Education Services
Recent activity within the organization
- Annual General Meeting
Pearson India Education Services Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.
- Balance Sheet
Pearson India Education Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Tushar Alok was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Nov 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Ramkumar Sharma Pankaj was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Nov 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Vinay Kumar Swamy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Aug 2020 & has been associated with this company since 4 years 8 months .
- Director Appointment
Rangaswamy Gopinath was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Jul 2020 & has been associated with this company since 4 years 9 months .
Recent News, Updates & Announcement
- Chinese fund to buy Pearson TEFL arm.
Pearson is in advanced talks to sell its English language training business to a consortium including Baring Private Equity Asia and Chinese private equity fund Citic Capital Holdings, according to people familiar with the matter..
- Founders Fund Leads $33 Million D Round In Learning Startup Knewton.
In what is certainly one of the largest funding rounds of an education startup in recent years, <a href="http://www.knewton.com/">Knewton</a> closed a $33 million D round led by <a href="http://www.foundersfund.com/">Founders Fund</a>. (Another education startup also based in New York city, <a href="http://2tor.com/">2Tor</a>, raised a <a href="https://techcrunch.com/2011/03/15/2tor-32-5-million-online-education/">$32.5 million</a> series C earlier this year). Education publisher Pearson also invested, as well as existing investors Accel, Bessemer, and FirstMark. The valuation was easily north of $150 million. Like many education startups, Knewton got its toes wet with online test preparation (GMAT, LSAT, SAT). But it's real strength is in creating an <a href="https://techcrunch.com/2008/12/23/knewton-takes-adaptive-learning-to-the-next-level/">adaptive learning</a> algorithm which can be applied to any curriculum. .
Frequently asked questions
What is the Incorporation or founding date of Pearson India Education Services Private Limited?
Pearson India Education Services Private Limited was incorporated on 08 Aug 2005.
What is authorized share capital and paid-up capital of Pearson India Education Services Private Limited?
The authorized share capital of Pearson India Education Services Private Limited is ₹ 94.90 Cr and paid-up capital is ₹ 6.58 Cr.
Who are the current board members & directors of Pearson India Education Services Private Limited?
Currently 6 directors are associated with Pearson India Education Services Private Limited.
- Pradeep Palakurissi
- Vinay Kumar Swamy
- Rangaswamy Gopinath
- Ramkumar Sharma Pankaj
- Tushar Alok
- Krishnanchettiyar Vijayakumar
What is the registered address of Pearson India Education Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pearson India Education Services Private Limited is Featherlite The Address 5Th Floor Survey No 203/10B 200 Ft Mmrd Road Zamin Pallavaram, Chennai India, Tambaram, Tamil Nadu, 600044.
What is the corporate identification number (CIN) and company number of Pearson India Education Services Private Limited?
The corporate identification number (CIN) of Pearson India Education Services Private Limited is U72200TN2005PTC057128 and the company number is 057128 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pearson India Education Services Private Limited?
The Official website of Pearson India Education Services Private Limited is https://www.in.pearson.com
What has been the recent revenue trend for Pearson India Education Services Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Pearson India Education Services Private Limited has fallen by -28.22%.
How many employees does Pearson India Education Services Private Limited currently have?
As Per 2021 financial reports, 1319 employees are currently employed by Pearson India Education Services Private Limited.
What change has been observed in the net worth of Pearson India Education Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Pearson India Education Services Private Limited has experienced an downturn of -5.25%.
When was the last Balance Sheet of Pearson India Education Services Private Limited filed with the ROC?
The most recent Balance Sheet for Pearson India Education Services Private Limited was filed with the ROC on 31 Mar 2024.
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