Indigo Education Foundation
About Indigo Education Foundation
Data last updated:
Indigo Education Foundation is a private not for profit company based in Vadodara, Gujarat, India. It operates in the education and training segment of the education and learning sector. It was incorporated on 14 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80901GJ2019NPL106595.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Gaurangkumar Rajanikant Prajapati and Vijay Dineshchandra Agrawal.
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 13 Shreeniketan Soc Nr Jetalpur Bridge Aklapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.65 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹4.6 Lakh (net margin -11.9%) and EBITDA of -₹4.6 Lakh (EBITDA margin -11.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indigo Education Foundation's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address13 Shreeniketan Soc Nr Jetalpur Bridge Aklapuri, Vadodara, Gujarat, India – 390007
- IndustryEducation & Learing, Education, Distance Education
To see the full contact details of Indigo Education 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
Financials of Indigo Education Foundation
FY 2025 filings availableIndigo Education Foundation reported revenue of ₹38.65 Lakh (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 769% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.6 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.9% | ||||
| Net Profit Margin | -11.9% | ||||
| 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 Indigo Education Foundation, buy the company report.
Board of directors of Indigo Education Foundation
Indigo Education Foundation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurangkumar Rajanikant Prajapati Also directs: Orion Education Private Limited, Zenolt Automotive Private Limited | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Vijay Dineshchandra Agrawal Also directs: Zenolt Technology LLP, Shikshanjali Foundation, Starseed Education Foundation and 1 more | Director | 14 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Indigo Education Foundation is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finladder Private Limited | ₹38.85 Lakh (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Lba Education Private Limited | ₹38.73 Lakh (FY 2024) | 60.0% | Pune, Maharashtra, India | |||
| Indigo Education Foundationthis company | ₹38.65 Lakh (FY 2024) | -₹4.6 Lakh | -11.9% | -42.0% | Vadodara, Gujarat, India | |
| Zyolearn Education Private Limited | ₹38.64 Lakh (FY 2023) | 7.0% | Thiruvananthapuram, Kerala, India | |||
| Sohum Global Education (OPC) Private Limited | ₹38.63 Lakh (FY 2025) | 212.0% | Delhi, India | |||
| Indian Institute of Global Education Private Limited | ₹38.62 Lakh (FY 2025) | -38.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Indigo Education Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Indigo Education 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 Indigo Education Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indigo Education Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indigo Education Foundation has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Gaurangkumar Rajanikant Prajapati was appointed as Director on 01 Nov 2022.
Frequently asked questions
Indigo Education Foundation is an active private not for profit company based in Vadodara, Gujarat, India. The company works in education, within the education and learning industry. It was incorporated on 14 February 2019 (7+ years old) and is registered under CIN U80901GJ2019NPL106595.
Indigo Education Foundation has 2 current directors:
- Gaurangkumar Rajanikant Prajapati - Director
- Vijay Dineshchandra Agrawal - Director
The latest financial statements of Indigo Education 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Indigo Education Foundation is U80901GJ2019NPL106595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indigo Education Foundation was incorporated on 14 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Indigo Education Foundation by revenue are Finladder Private Limited, Lba Education Private Limited, Zyolearn Education Private Limited, Sohum Global Education (OPC) Private Limited, Indian Institute of Global Education Private Limited, all in the Ecommerce and Internet industry (Education).
Gaurangkumar Rajanikant Prajapati was appointed as Director on 01 Nov 2022. Sunilkumar Dineshbhai Agrawal ceased to be Director on 01 Nov 2022. Anandradheshyam Tripathi ceased to be Director on 04 Jan 2021. Indigo Education Foundation has 6 board changes on record in total.
The registered office of Indigo Education Foundation is at 13 Shreeniketan Soc Nr Jetalpur Bridge Aklapuri, Vadodara, Gujarat, India – 390007.
Indigo Education Foundation operates in the education and learning industry, in the education segment.
The compliance status of Indigo Education Foundation is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
Indigo Education Foundation can be reached at its registered office: 13 Shreeniketan Soc Nr Jetalpur Bridge Aklapuri, Vadodara, Gujarat, India – 390007.