Rig Education Foundation

Provides education services, operates schools and colleges, promotes research and development in education.

2018 | New Delhi (India) | Active
Last Updated: January 04, 2025

Rig Education Foundation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.20 M
  • Revenue Growth %
  • Profit Growth -2508.62%
  • Ebitda -6763.82%
  • Net Worth -389.28%
  • Total Assets 25469.15%

About Rig Education Foundation

Rig Education Foundation (REF) is a Private Not For Profit Company incorporated in India on 02 January 2018 (Seven years and one month 6 days old ). Its registered office is in New Delhi, 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 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.

The company currently has active open charges totaling ₹3.20 M.

Rohit Bhatia and Prem Bhatia serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U80301DL2018NPL327910

  • Company No.

    327910

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    02 Jan 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Education

Who are the key members and board of directors at Rig Education Foundation?

Board Members (2)

Name Designation Appointment Date Status
Rohit Bhatia Country flag representing In Director 02-Jan-2018 Current
Prem Bhatia Country flag representing In Director 02-Jan-2018 Current

Financial Performance of Rig Education Foundation.

Rig Education Foundation, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 2508.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 389.28%.

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
Revenue from Operations
Total Assets
25469.15%
Profit or Loss
-2508.62%
Net Worth
-389.28%
EBITDA
-6763.82%

What is the Ownership and Shareholding Structure of Rig Education Foundation?

In 2018, Rig Education Foundation 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

₹3.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
22 Feb 2021 Others ₹3.20 M Open

How Many Employees Work at Rig Education Foundation?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rig Education 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 Rig Education 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 Rig Education Foundation

Recent activity within the organization

  • Annual General Meeting

    Rig Education Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rig Education Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.20 M with Charge ID 100424051 was registered on 22 Feb 2021.

    22 Feb 2021

  • Director Appointment

    Rohit Bhatia was appointed as a Director was appointed as a Director on 02 Jan 2018 & has been associated with this company since 7 years 1 month .

    02 Jan 2018

  • Director Appointment

    Prem Lata Bhatia was appointed as a Director was appointed as a Director on 02 Jan 2018 & has been associated with this company since 7 years 1 month .

    02 Jan 2018

  • Company Incorporation

    Rig Education Foundation was registered on 02 Jan 2018 with Roc Delhi & aged 7 years 1 month as per MCA records.

    02 Jan 2018

Frequently asked questions

  • Rig Education Foundation was incorporated on 02 Jan 2018.

  • The authorized share capital of Rig Education Foundation is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Rig Education Foundation.

    • Rohit Bhatia
    • Prem Lata Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rig Education Foundation is 10, Tolstoy Marg India, New Delhi, 110001.

  • The corporate identification number (CIN) of Rig Education Foundation is U80301DL2018NPL327910 and the company number is 327910 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rig Education Foundation is https://www.riginstitute.com

  • The financial reports for the fiscal year 2019 indicates that The net worth of Rig Education Foundation has experienced an downturn of -389.28%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Rig Education Foundation amount to ₹ 3.20 M.

  • The most recent Balance Sheet for Rig Education Foundation was filed with the ROC on 31 Mar 2023.