About Awespire Foundation
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Awespire Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 05 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2020NPL138186.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mounika Yellodu Narasimha Reddy and Lavanya Nagaraj.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.9A Brindavana Railway Parallel Road, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹17,838 (net margin -6.2%) and EBITDA of -₹17,838 (EBITDA margin -6.2%).
For more details, the company can be reached via its website awespirefoundation.org.
Company details
Contact details
Awespire Foundation's registered office is in Bangalore, Karnataka. Its website is awespirefoundation.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.9A Brindavana Railway Parallel Road, Gkvk Layout Jakkur Bengaluru Karnataka – 560064, Bangalore, Karnataka, India – 560064
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Awespire Foundation, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Awespire Foundation is hospital and medical care. In detail, this covers counselling, welfare, referral activities without accommodation for elderly and disabled. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q5 | Counselling, welfare, referral activities without accommodation for elderly and disabled |
To see the full business activity and turnover split of Awespire Foundation, buy the company report.
Financials of Awespire Foundation
FY 2023 filings availableAwespire Foundation reported revenue of ₹2.89 Lakh (up 423% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 423% in the latest year. EBITDA rose 54% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.89 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Total Expenses | |||
| EBITDA | -₹17,838 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹17,838 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -6.2% | ||
| Net Profit Margin | -6.2% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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| Current Ratio | |||
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To see the full financial statements and ratios of Awespire Foundation, buy the company report.
Board of directors of Awespire Foundation
Awespire Foundation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mounika Yellodu Narasimha Reddy Also directs: Widesense Media Private Limited, Haustoria Private Limited | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Lavanya Nagaraj Also directs: Widesense Media Private Limited, Haustoria Private Limited | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Awespire Foundation is audited by B.N.PAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.N.PAI & CO. | FY 2023 | 008851S |
Shareholding
The shareholding of Awespire Foundation is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Awespire Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Awespire Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Awespire Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Awespire Foundation has 1 active EPFO establishment as of Mar 30, 2024.
GST
No GST registration is on our record for Awespire Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Awespire Foundation has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Archana Kapoor Nagpal ceased to be Director on 17 Feb 2024.
Frequently asked questions
Awespire Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in educational support services, within the education and learning industry. It was incorporated on 05 September 2020 (6+ years old) and is registered under CIN U85300KA2020NPL138186.
Awespire Foundation has 2 current directors:
- Mounika Yellodu Narasimha Reddy - Director
- Lavanya Nagaraj - Director
The latest financial statements of Awespire Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Awespire Foundation is U85300KA2020NPL138186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Awespire Foundation was incorporated on 05 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Archana Kapoor Nagpal ceased to be Director on 17 Feb 2024. Prem Lata Kapoor ceased to be Additional Director on 17 Feb 2024. Lavanya Nagaraj was appointed as Director on 14 Feb 2024. Awespire Foundation has 8 board changes on record in total.
Awespire Foundation can be reached through the website awespirefoundation.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Awespire Foundation is at No.9A Brindavana Railway Parallel Road, Gkvk Layout Jakkur Bengaluru Karnataka – 560064, Bangalore, Karnataka, India – 560064.
Awespire Foundation operates in the education and learning industry, in the educational support services segment.
Awespire Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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