About Finx Institute Private Limited
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Finx Institute Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bse Limited. It operates in the educational support services segment of the education and learning sector. It was incorporated on 28 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80903MH2010PTC208335. Its GSTIN is 27AAECB2964M1ZB (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It was formerly known as Bse Training Institute Limited and Finx Institute Limited. It is led by directors including Narayanan Venkatraman Iyer and Himanshu Vyapak.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.81 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.26 Cr (net margin 18.3%) and EBITDA of ₹7.39 Cr (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company is associated with 1 brand: BSE Institute. The company has 1 deal on record (1 acquisition); the latest was in May 2025. Its 3 peer companies in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services) are compared by revenue, 1 larger and 2 smaller; the largest is Chetanya Career Consultants Private Limited with revenue of ₹29.54 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 6 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 bsebti.com.
Company details
Name history
Finx Institute has undergone 3 name changes throughout its history. The company was previously known as Bse Training Institute Limited, Finx Institute Limited, and Finx Institute Private Limited. The current legal name is Finx Institute Private Limited.
| Company Name | Status |
|---|---|
| Finx Institute Private Limited | Current |
| Bse Training Institute Limited | Previous |
| Finx Institute Limited | Previous |
CIN history
Finx Institute has one previous CIN (Corporate Identification Number): U80903MH2010PLC208335. The current CIN is U80903MH2010PTC208335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80903MH2010PTC208335 | Current |
| U80903MH2010PLC208335 | Previous |
Contact details
Finx Institute Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressPlot No. 112 First Floor, Above Croma Sion Koliwada Road Sion East, Mumbai, Maharashtra, India – 400022
- IndustryEducation & Learing, Educational Support Services
- 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
Finx Institute operates one associated brand: BSE Institute. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial education and training programs are provided across various domains. | bsebti.com |
Financials of Finx Institute Private Limited
FY 2025 filings availableFinx Institute Private Limited reported revenue of ₹28.81 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 15% growth in the latest year. EBITDA rose 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.39 Cr | ||||
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| Net Profit (PAT) | ₹5.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 25.7% | ||||
| Net Profit Margin | 18.3% | ||||
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To see the full financial statements and ratios of Finx Institute Private Limited, buy the company report.
Board of directors of Finx Institute Private Limited
Finx Institute has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Venkatraman Iyer | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Himanshu Vyapak | Director | 07 May 2025 | 1 Years 5 Months | Current |
| Nisha Nilesh Shah Also directs: Av Financial Experts Network Private Limited | Director | 07 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Finx Institute Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), 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 |
|---|---|---|---|---|---|---|
| Chetanya Career Consultants Private Limited | ₹29.54 Cr (FY 2024) | 42.0% | Kurukshetra, Haryana, India | |||
| Finx Institute Private Limitedthis company | ₹28.81 Cr (FY 2025) | ₹5.26 Cr | 18.3% | 15.0% | Mumbai, Maharashtra, India | |
| Kumon India Education Private Limited | ₹28.7 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Ksa Educational Services Private Limited | ₹28.58 Cr (FY 2024) | 15.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Finx Institute Private Limited, buy the company report.
Deals & funding
Finx Institute Private Limited has 1 deal on record (1 acquisition); the latest was in May 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Acquisition | ₹16.9 Cr | Buyer: Av Financial Experts Network Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Finx Institute Private Limited 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
Finx Institute Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Guiding Star Digital Publishers LLP | |||
| an individual supplier | |||
| Honey Enterprises | |||
| Version Systems Private Limited | |||
| Shroff Publishers and Distributors Private Limited |
To see the full MSME payment records of Finx Institute Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Finx Institute has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB2964M1ZB | Maharashtra | Active | 01 Jul 2017 |
| 19AAECB2964M1Z8 | West Bengal | Active | 09 Jul 2017 |
| 24AAECB2964M1ZH | Gujarat | Active | 09 Jul 2017 |
| 33AAECB2964M1ZI | Tamil Nadu | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Finx Institute Private Limited, buy the company report.
Recent activity
Finx Institute Private Limited has 24 board changes on record since 2010: 3 appointments and 21 cessations. The latest: Chandrakant Sukhdev Joge ceased to be Company Secretary on 31 Jan 2026.
15 earlier events are in the company report.
News
Frequently asked questions
Finx Institute is an active private limited company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 28 September 2010 (16+ years old) and is registered under CIN U80903MH2010PTC208335.
Finx Institute has 3 current directors:
- Narayanan Venkatraman Iyer - Director
- Himanshu Vyapak - Director
- Nisha Nilesh Shah - Director
The latest financial statements of Finx Institute on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Finx Institute is 27AAECB2964M1ZB, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAECB2964M1Z8 (West Bengal), 24AAECB2964M1ZH (Gujarat), 33AAECB2964M1ZI (Tamil Nadu).
The CIN (Corporate Identification Number) of Finx Institute is U80903MH2010PTC208335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finx Institute was incorporated on 28 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Finx Institute has 1 deal on record (1 acquisition); the latest was in May 2025.
The peers of Finx Institute by revenue are Chetanya Career Consultants Private Limited, Kumon India Education Private Limited, Ksa Educational Services Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Chandrakant Sukhdev Joge ceased to be Company Secretary on 31 Jan 2026. Himanshu Vyapak ceased to be Additional Director on 20 May 2025. Nisha Nilesh Shah ceased to be Additional Director on 20 May 2025. Finx Institute has 24 board changes on record in total.
Finx Institute has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 03 Dec 2020.
Finx Institute can be reached through the website bsebti.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Finx Institute is at Plot No. 112 First Floor, Above Croma Sion Koliwada Road Sion East, Mumbai, Maharashtra, India – 400022.