Raffles Educity (I) Private Limited

Education company providing immigration services and courses in various exams with global presence.

2010 | Chandigarh (India) | Active
Last Updated: November 15, 2024

Raffles Educity (I) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.74 Cr
  • Revenue Growth 39.47%
  • Profit Growth 138.88%
  • Ebitda 137.49%
  • Net Worth 4.44%
  • Total Assets 5.72%

About Raffles Educity (I)

Raffles Educity (I) Private Limited (REIPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 November 2010 and has a history of 14 years and two months. Its registered office is in Chandigarh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹1.74 Cr.

Harjot Kaur and Swaran Sandhu serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U80301CH2010PTC032578

  • Company No.

    032578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Education
Business Outsourcing

What products or services does Raffles Educity (I) Private Limited offer?

Raffles Educity (I) Private Limited offers a wide range of products and services, including Tour Operators and Travel Agents, Ticket Booking Service, Travel Service, Air Taxi, Bus Rentals & Services, Air Travel Services, Career Guidance & Admission Services, Educational Services.

Who are the key members and board of directors at Raffles Educity (I)?

Board Members (2)

Name Designation Appointment Date Status
Harjot Kaur Country flag representing In Director 19-Nov-2010 Current
Swaran Sandhu Country flag representing In Director 19-Nov-2010 Current

Financial Performance of Raffles Educity (I).

Raffles Educity (I) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.47% increase. The company also saw a substantial improvement in profitability, with a 138.88% increase in profit. The company's net worth moved up by a moderate rise of 4.44%.

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
39.47%
Revenue from Operations
32.56%
Total Assets
5.72%
Profit or Loss
138.88%
Net Worth
4.44%
EBITDA
137.49%

What is the Ownership and Shareholding Structure of Raffles Educity (I)?

In 2023, Raffles Educity (I) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.44 Cr
  • Others : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2022 Others ₹1.47 M Open
30 Mar 2022 Axis Bank Limited ₹7.00 M Open
10 Nov 2017 Axis Bank Limited ₹7.43 M Open
07 Apr 2017 Others ₹1.50 M Open

How Many Employees Work at Raffles Educity (I)?

Raffles Educity (I) has a workforce of 4 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 Raffles Educity (I), 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 Raffles Educity (I)'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 Raffles Educity (I)

Recent activity within the organization

  • Annual General Meeting

    Raffles Educity (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Raffles Educity (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.47 M with Charge ID 100573355 was registered on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.00 M with Charge ID 100564334 was registered on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.43 M with Charge ID 100165516 was registered on 10 Nov 2017.

    10 Nov 2017

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100149591 was registered on 07 Apr 2017.

    07 Apr 2017

Frequently asked questions

  • Raffles Educity (I) Private Limited was incorporated on 19 Nov 2010.

  • The authorized share capital of Raffles Educity (I) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Raffles Educity (I) Private Limited.

    • Harjot Sandhu Kaur
    • Swaran Singh Sandhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raffles Educity (I) Private Limited is Sco No. 459-460, Sector 35-C India, Chandigarh, 160022.

  • The corporate identification number (CIN) of Raffles Educity (I) Private Limited is U80301CH2010PTC032578 and the company number is 032578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raffles Educity (I) Private Limited is https://www.raffleseducity.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raffles Educity (I) Private Limited has risen by 39.47%.

  • As Per 2023 financial reports, 4 employees are currently employed by Raffles Educity (I) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raffles Educity (I) Private Limited has experienced an upsurge of 4.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raffles Educity (I) Private Limited amount to ₹ 1.74 Cr.

  • The most recent Balance Sheet for Raffles Educity (I) Private Limited was filed with the ROC on 31 Mar 2024.

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