Irightway Study Abroad Private Limited
About Irightway Study Abroad Private Limited
Data last updated:
Irightway Study Abroad Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 19 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2018PTC047781.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mandeep Singh and Kunal Thakur.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ghalori Near Nanaksar Gurudwara Sahib Devigarh Road, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.51 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹1,377 (net margin -0.9%) and EBITDA of -₹1,254 (EBITDA margin -0.8%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGhalori Near Nanaksar Gurudwara Sahib Devigarh Road, Patiala, Punjab, India – 147001
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Irightway Study Abroad Private Limited
The business activities of Irightway Study Abroad are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Irightway Study Abroad Private Limited FY 2022 filings available
Irightway Study Abroad Private Limited reported revenue of ₹1.51 Lakh (down 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Irightway Study Abroad Private Limited
Revenue fell 56% in the latest year. EBITDA fell 153% 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 of Irightway Study Abroad Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | -₹1,254 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,377 | •••• | •••• | •••• |
| 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 of Irightway Study Abroad Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.8% | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Irightway Study Abroad are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Irightway Study Abroad Private Limited
Irightway Study Abroad has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh | Director | 19 Apr 2018 | 8 Years 6 Months | Current |
| Kunal Thakur | Director | 19 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Irightway Study Abroad Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Irightway Study Abroad Private Limited
Irightway Study Abroad Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Irightway Study Abroad Private Limited
Employment history and EPFO contributions of people linked to Irightway Study Abroad.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Irightway Study Abroad Private Limited
Irightway Study Abroad Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kunal Thakur was appointed as Director on 19 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Irightway Study Abroad Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Irightway Study Abroad Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Irightway Study Abroad Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Irightway Study Abroad Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Irightway Study Abroad Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Irightway Study Abroad Private Limited
Irightway Study Abroad is an active private limited company based in Patiala, Punjab, India. The company works in other services, within the business services industry. It was incorporated on 19 April 2018 (8+ years old) and is registered under CIN U74999PB2018PTC047781.
Irightway Study Abroad reported revenue of ₹1.51 Lakh for FY 2022 (down 56% YoY).
Irightway Study Abroad has 2 current directors:
- Mandeep Singh - Director
- Kunal Thakur - Director
Irightway Study Abroad reported a net loss of ₹1,377 (net margin -0.9%) and EBITDA of -₹1,254 (EBITDA margin -0.8%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Irightway Study Abroad is U74999PB2018PTC047781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irightway Study Abroad was incorporated on 19 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
Kunal Thakur was appointed as Director on 19 Apr 2018. Mandeep Singh was appointed as Director on 19 Apr 2018.
The registered office of Irightway Study Abroad is at Ghalori Near Nanaksar Gurudwara Sahib Devigarh Road, Patiala, Punjab, India – 147001.
Irightway Study Abroad has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Irightway Study Abroad operates in the business services industry, in the other services segment.