About Genext Students Private Limited
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Genext Students Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Navneet Futuretech Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the elearning and digital education segment of the education sector. It was incorporated on 11 May 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80302MH2011PTC251294. Its GSTIN is 27AAECK3783H1ZA (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.87 Cr. It was formerly known as Knowledgepointe Education Private Limited. It was led by directors including Devish Gnanesh Gala and Gnanesh Dungarshi Gala.
Its last annual general meeting (AGM) was held on 14 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.02 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹12 Cr and EBITDA of -₹9.34 Cr. Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 32% over five years.
The company had about 29 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 3 brands: Genext Students, BeMasterly and GeNextStudents. Court records list 2 cases involving the company, including 2 filed by the company. The company has 23 deals on record (13 secondary share transfers, 9 funding rounds, 1 rights issue), with disclosed funding of ₹18.43 Cr; the latest was in December 2022. Its 4 peer companies in the Education industry (E Learning), with the same principal business activity (educational support services) are compared by revenue, 3 larger and 1 smaller; the largest is Virtual Education Frameworks Private Limited with revenue of ₹54.44 Lakh. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The last known website on record is bemasterly.com.
Company details
Name history
Genext Students has undergone 3 name changes throughout its history. The company was previously known as Knowledgepointe Education Private Limited, Genext Students Private Limited, and Genext Students Limited. The current legal name is Genext Students Private Limited.
| Company Name | Status |
|---|---|
| Genext Students Private Limited | Current |
| Knowledgepointe Education Private Limited | Previous |
| Genext Students Limited | Previous |
CIN history
Genext Students has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U80302MH2011PTC251294, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80302MH2011PTC251294 | Current |
| U80302RJ2011PLC035158 | Previous |
| U80302MH2011PLC251294 | Previous |
| U80302RJ2011PTC035158 | Previous |
Contact details
Genext Students Private Limited's registered office is in Mumbai, Maharashtra. Its website is bemasterly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1A Benefice Business House 1041 Mathuradas Mill Estate 126 N.M. Joshi Marg, India, Mumbai, Maharashtra, India – 400013
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Genext Students 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
Genext Students operates multiple associated brands including Genext Students, BeMasterly, and GeNextStudents. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive full-stack online learning solutions tailored for students to enhance their educational experience. | genextlearn.com | |
| Online platform for tutors to manage classes, attendance, and student engagement. | bemasterly.com | |
| Management solutions for teachers, including attendance and fees, are provided. | genextstudents.com |
Financials of Genext Students Private Limited
FY 2023 filings availableGenext Students Private Limited reported revenue of ₹12.02 Lakh (down 77% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 77% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.02 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Genext Students Private Limited, buy the company report.
Board of directors of Genext Students Private Limited
Genext Students has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devish Gnanesh Gala | Director | 03 Sep 2021 | 5 Years 2 Months | As last reported |
| Gnanesh Dungarshi Gala | Director | 26 Sep 2022 | 4 Years 1 Months | As last reported |
| Ketan Bipin Gala | Director | 03 Sep 2021 | 5 Years 2 Months | As last reported |
| Harshil Anil Gala | Director | 03 Sep 2021 | 5 Years 2 Months | As last reported |
Peer comparison
Genext Students Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (E Learning), 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 |
|---|---|---|---|---|---|---|
| Virtual Education Frameworks Private Limited | ₹54.44 Lakh (FY 2025) | -41.0% | Hyderabad, Telangana, India | |||
| Splen Technologies and Education Private Limited | ₹54.15 Lakh (FY 2024) | 185.0% | Shravasti, Uttar Pradesh, India | |||
| Med E Classes Private Limited | ₹53.41 Lakh (FY 2025) | 19.0% | Kanpur, Uttar Pradesh, India | |||
| Aj Digital Technology Solutions Private Limited | ₹52.08 Lakh (FY 2024) | 35.0% | Delhi, India | |||
| Genext Students Private Limitedthis company | ₹12.02 Lakh (FY 2023) | -₹12 Cr | -77.0% | 29 | Mumbai, Maharashtra, India |
To see the full peer comparison of Genext Students Private Limited, buy the company report.
Auditor
Genext Students Private Limited is audited by N. A. Shah Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. Shah Associates LLP | FY 2023 | 116560W/W100149 |
Shareholding
The shareholding of Genext Students 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Genext Students Private Limited, buy the company report.
Deals & funding
Genext Students Private Limited has 23 deals on record (13 secondary share transfers, 9 funding rounds, 1 rights issue), with disclosed funding of ₹18.43 Cr; the latest was in December 2022.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹9 Cr | Investors: Navneet Futuretech Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Navneet Futuretech Limited Seller: Navneet Tech Ventures, Park Continental Private Limited , Aeroflex Enterprises Limited |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Aeroflex Enterprises Limited Seller: United Capital Limited |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Aeroflex Enterprises Limited Seller: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Aeroflex Enterprises Limited Seller: an individual |
To see the full deal history of Genext Students 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
Genext Students Private Limited has 2 court cases on record: 2 filed by Genext Students. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Genext Students 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
Genext Students Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Exceller Management Consultancy LLP |
To see the full MSME payment records of Genext Students Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Genext Students Private Limited has a workforce of 29 employees on its EPFO records as of Apr 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 29 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Genext Students Private Limited, buy the company report.
GST
Genext Students has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK3783H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Genext Students Private Limited, buy the company report.
Recent activity
Genext Students Private Limited has 16 board changes on record since 2013: 4 appointments and 12 cessations. The latest: Gnanesh Dungarshi Gala ceased to be Additional Director on 30 Sep 2022.
7 earlier events are in the company report.
News
Frequently asked questions
Genext Students has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Genext Students was a private limited company based in Mumbai, Maharashtra, India. The company worked in elearning and digital education, within the education industry. It was incorporated on 11 May 2011 and is registered under CIN U80302MH2011PTC251294. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Genext Students was incorporated on 11 May 2011. It is registered with the Registrar of Companies, Mumbai.
Genext Students had 4 directors:
- Devish Gnanesh Gala - Director
- Gnanesh Dungarshi Gala - Director
- Ketan Bipin Gala - Director
- Harshil Anil Gala - Director
The CIN (Corporate Identification Number) of Genext Students is U80302MH2011PTC251294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Genext Students is at 1A Benefice Business House 1041 Mathuradas Mill Estate 126 N.M. Joshi Marg, India, Mumbai, Maharashtra, India – 400013.
Genext Students can be reached through the website bemasterly.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Genext Students on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 14 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Genext Students is 27AAECK3783H1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Genext Students operated in the education industry, in the elearning and digital education segment.
Genext Students has 23 deals on record (13 secondary share transfers, 9 funding rounds, 1 rights issue), with disclosed funding of ₹18.43 Cr; the latest was in December 2022.
The peers of Genext Students by revenue are Virtual Education Frameworks Private Limited, Splen Technologies and Education Private Limited, Med E Classes Private Limited, Aj Digital Technology Solutions Private Limited, all in the Education industry (E Learning), with the same principal business activity (educational support services).
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