
About Ilovenagar Foundation
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Ilovenagar Foundation is a private not for profit company based in Ahmednagar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the cultural and other education segment of the education and learning sector. It was incorporated on 22 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85100PN2019NPL184261. Its GSTIN is 27AAFCI2810J1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Narendra Shantikumar Firodia and Amit Laxmipati Bura.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Soham Telecom Near Namoh Industries Station Road, Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.09 Lakh (net margin -7.3%) and EBITDA of ₹2.35 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 181% over five years.
The company is associated with 1 brand: I Love Nagar.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ilovenagar.com.
Company details
Recognitions & Rankings of Ilovenagar Foundation
Contact details
Ilovenagar Foundation's registered office is in Ahmednagar, Maharashtra. Its website is ilovenagar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSoham Telecom Near Namoh Industries Station Road, Ahmednagar, Maharashtra, India – 414001
- IndustryEducation & Learing, Cultural And Other Education, Sports, Recreation
To see the full contact details of Ilovenagar 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
Brands
Ilovenagar Foundation operates one associated brand: I Love Nagar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| News portal providing local and national updates from Ahilyanagar district. | ilovenagar.com |
Business activity
The main business activity of Ilovenagar Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Ilovenagar Foundation, buy the company report.
Financials of Ilovenagar Foundation
FY 2025 filings availableIlovenagar Foundation reported revenue of ₹1.24 Cr (up 372% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 181% over five years, including 372% growth in the latest year. EBITDA rose 103% 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 | ₹2.35 Lakh | ||||
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| Net Profit (PAT) | -₹9.09 Lakh | ||||
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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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| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -7.3% | ||||
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To see the full financial statements and ratios of Ilovenagar Foundation, buy the company report.
Board of directors of Ilovenagar Foundation
Ilovenagar Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Shantikumar Firodia | Director | 22 May 2019 | 7 Years 5 Months | Current |
| Amit Laxmipati Bura | Director | 22 May 2019 | 7 Years 5 Months | Current |
Auditor
Ilovenagar Foundation is audited by KANAKIYA & MEHTA ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANAKIYA & MEHTA ASSOCIATES | FY 2020 | 104702W |
Shareholding
The shareholding of Ilovenagar Foundation is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ilovenagar Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ilovenagar 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 Ilovenagar Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ilovenagar Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI2810J1ZO | Maharashtra | Active | 10 Dec 2020 |
To see the full GST registrations and return filing status of Ilovenagar Foundation, buy the company report.
Recent activity
Ilovenagar Foundation has 2 board changes on record since 2019: 2 appointments. The latest: Amit Laxmipati Bura was appointed as Director on 22 May 2019.
Frequently asked questions
Ilovenagar Foundation is an active private not for profit company based in Ahmednagar, Maharashtra, India. The company works in cultural and other education, within the education and learning industry. It was incorporated on 22 May 2019 (7+ years old) and is registered under CIN U85100PN2019NPL184261.
Ilovenagar Foundation has 2 current directors:
- Narendra Shantikumar Firodia - Director
- Amit Laxmipati Bura - Director
The latest financial statements of Ilovenagar Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ilovenagar Foundation is 27AAFCI2810J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ilovenagar Foundation is U85100PN2019NPL184261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ilovenagar Foundation was incorporated on 22 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Amit Laxmipati Bura was appointed as Director on 22 May 2019. Narendra Shantikumar Firodia was appointed as Director on 22 May 2019.
Yes, Ilovenagar Foundation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ilovenagar Foundation can be reached through the website ilovenagar.com. Its registered office is in Ahmednagar, Maharashtra, India.
The registered office of Ilovenagar Foundation is at Soham Telecom Near Namoh Industries Station Road, Ahmednagar, Maharashtra, India – 414001.

