About Base Educational Services Private Limited
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Base Educational Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Resonance Eduventures Limited. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 24 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80301KA2007PTC044771. Its GSTIN is 29AADCB3089Q1ZY (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ram Kishan Verma and Shiv Pratap Raghuwanshi.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 27 Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.59 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹11.52 Cr (net margin 15.9%) and EBITDA of ₹16.06 Cr (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The company has about 370 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BASE Educational Services. Court records list 16 cases involving the company, including 6 filed by the company and 10 filed against it; 1 case is pending. The company has 7 deals on record (5 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹9 Lakh; the latest was in August 2017. Its 3 peer companies in the Education industry (Test Preparation), with the same principal business activity (educational support services) are compared by revenue, 1 larger and 2 smaller; the largest is Ace Creative Learning Private Limited with revenue of ₹85.1 Cr. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 60 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baseedu.in.
Company details
Contact details
Base Educational Services Private Limited's registered office is in Bangalore, Karnataka. Its website is baseedu.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address27 Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryEducation, Test Prep & Competitive Exam Coaching
To see the full contact details of Base Educational Services Private Limited, 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
Brands
Base Educational Services operates one associated brand: BASE Educational Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Test preparation centers for engineering and medical entrance exams | base-edu.in |
Financials of Base Educational Services Private Limited
FY 2024 filings availableBase Educational Services Private Limited reported revenue of ₹72.59 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 22% growth in the latest year. EBITDA fell 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16.06 Cr | ||||
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| Net Profit (PAT) | ₹11.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 22.1% | ||||
| Net Profit Margin | 15.9% | ||||
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To see the full financial statements and ratios of Base Educational Services Private Limited, buy the company report.
Board of directors of Base Educational Services Private Limited
Base Educational Services has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiv Pratap Raghuwanshi | Nominee Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Kirti Singh Songara | Nominee Director | 20 Mar 2020 | 6 Years 7 Months | Current |
| Ram Kishan Verma | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Base Educational Services Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Test Preparation), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ace Creative Learning Private Limited | ₹85.1 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Base Educational Services Private Limitedthis company | ₹72.59 Cr (FY 2024) | ₹11.52 Cr | 15.9% | 22.0% | 370 | Bangalore, Karnataka, India |
| Iit-Ian's Pace Education Private Limited | ₹56.66 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| MT Educare Ltd | ₹51.37 Cr (FY 2024) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Base Educational Services Private Limited, buy the company report.
Auditor
Base Educational Services Private Limited is audited by VSPV & Co Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSPV & Co Chartered Accountants | FY 2023 | 005483N |
Shareholding
The shareholding of Base Educational Services Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Base Educational Services Private Limited, buy the company report.
Deals & funding
Base Educational Services Private Limited has 7 deals on record (5 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹9 Lakh; the latest was in August 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Resonance Eduventures Limited Seller: HSN Trust, 2 individuals |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Resonance Eduventures Limited |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Resonance Eduventures Limited Seller: HSN Trust, 2 individuals |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Resonance Eduventures Limited Seller: HSN Trust |
| Aug 2015 | Acquisition | Undisclosed | Buyer: Resonance Eduventures Limited Seller: 2 individuals |
To see the full deal history of Base Educational Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Base Educational Services Private Limited has 16 court cases on record: 6 filed by Base Educational Services, 10 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| NCLAT | 7 | 7 | 0 |
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Incred Financial Services Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Incred Financial Services Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Assets Care & Reconstruction Enterprise Limited (in Its Capacity As Trustee of the Acre-167-Trust) | Disposed |
| NCLT, NCLT Jaipur | Insolvency matter | Filed by the company against Incred Financial Services Limited | Disposed |
| High Court, KARNATAKA | Arbitration matter | Filed against the company by Kayaka Foundation Pu College of Sciences and Commerce @ Kayak Residential Pu College of Sciences An and 1 other | Pending |
To see the full case history of Base Educational Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Base Educational Services Private Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 60 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Omkar Offset Printers | |||
| Securax Tech Solutions (India) Private Limited | |||
| an individual supplier | |||
| Right Power Solutions Private Limited |
To see the full MSME payment records of Base Educational Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Base Educational Services Private Limited has a workforce of 370 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Base Educational Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB3089Q1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Base Educational Services Private Limited, buy the company report.
Recent activity
Base Educational Services Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Ram Kishan Verma ceased to be Additional Director on 28 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Base Educational Services is an active private limited company based in Bangalore, Karnataka, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 24 December 2007 (19+ years old) and is registered under CIN U80301KA2007PTC044771.
Base Educational Services has 3 current directors:
- Shiv Pratap Raghuwanshi - Nominee Director
- Kirti Singh Songara - Nominee Director
- Ram Kishan Verma - Director
The latest financial statements of Base Educational Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Base Educational Services is 29AADCB3089Q1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Base Educational Services is U80301KA2007PTC044771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Base Educational Services has 16 court cases on record: 6 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Base Educational Services was incorporated on 24 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Base Educational Services has 7 deals on record (5 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹9 Lakh; the latest was in August 2017.
The peers of Base Educational Services by revenue are Ace Creative Learning Private Limited, Iit-Ian's Pace Education Private Limited, MT Educare Ltd, all in the Education industry (Test Preparation), with the same principal business activity (educational support services).
Ram Kishan Verma ceased to be Additional Director on 28 Sep 2024. Kamla Shanker ceased to be Nominee Director on 18 Dec 2023. Ram Kishan Verma was appointed as Director on 18 Dec 2023. Base Educational Services has 13 board changes on record in total.
Base Educational Services has 16 MSME Form 1 returns on record between 2018 and 2024, listing 60 overdue payments to 11 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Base Educational Services can be reached through the website baseedu.in. Its registered office is in Bangalore, Karnataka, India.