Leading Innovation for Equity Foundation
About Leading Innovation for Equity Foundation
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Leading Innovation for Equity Foundation is a private not for profit company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 29 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85300DL2017NPL318334.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subhashis Ray and Shekhar Eknath Waikar.
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 Alt F 101, Mr 01 Okhla 2nd Floor 101 NH 19 Crri Ishwar Nagar Okhla New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹4 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹3.21 Lakh (net margin 80.1%) and EBITDA of ₹3.25 Lakh (EBITDA margin 81.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Leading Innovation for Equity Foundation's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressAlt F 101, Mr 01 Okhla 2nd Floor 101 NH 19 Crri Ishwar Nagar Okhla New Delhi, Delhi, India – 110044
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Leading Innovation for Equity 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
Business activity
The main business activity of Leading Innovation for Equity Foundation is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Leading Innovation for Equity Foundation, buy the company report.
Financials of Leading Innovation for Equity Foundation
FY 2025 filings availableLeading Innovation for Equity Foundation reported revenue of ₹4 Lakh (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA rose 111% 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 | ₹3.25 Lakh | ||||
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| Net Profit (PAT) | ₹3.21 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 | 81.2% | ||||
| Net Profit Margin | 80.1% | ||||
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To see the full financial statements and ratios of Leading Innovation for Equity Foundation, buy the company report.
Board of directors of Leading Innovation for Equity Foundation
Leading Innovation for Equity Foundation has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhashis Ray Also directs: Legsys.Ai Technology Foundation | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
| Shekhar Eknath Waikar | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Leading Innovation for Equity 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 Leading Innovation for Equity 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 Leading Innovation for Equity Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Leading Innovation for Equity Foundation has 14 board changes on record since 2018: 3 appointments and 11 cessations. The latest: Seema Shah ceased to be Director on 01 Feb 2025.
5 earlier events are in the company report.
Frequently asked questions
Leading Innovation for Equity Foundation is an active private not for profit company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 29 May 2017 (9+ years old) and is registered under CIN U85300DL2017NPL318334.
Leading Innovation for Equity Foundation has 2 current directors:
- Subhashis Ray - Director
- Shekhar Eknath Waikar - Director
The latest financial statements of Leading Innovation for Equity 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Leading Innovation for Equity Foundation is U85300DL2017NPL318334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leading Innovation for Equity Foundation was incorporated on 29 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Seema Shah ceased to be Director on 01 Feb 2025. Shekhar Eknath Waikar ceased to be Additional Director on 29 Sep 2024. Subhashis Ray ceased to be Additional Director on 29 Sep 2024. Leading Innovation for Equity Foundation has 14 board changes on record in total.
The registered office of Leading Innovation for Equity Foundation is at Alt F 101, Mr 01 Okhla 2nd Floor 101 NH 19 Crri Ishwar Nagar Okhla New Delhi, Delhi, India – 110044.
Leading Innovation for Equity Foundation operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of Leading Innovation for Equity Foundation is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.
Leading Innovation for Equity Foundation can be reached at its registered office: Alt F 101, Mr 01 Okhla 2nd Floor 101 NH 19 Crri Ishwar Nagar Okhla New Delhi, Delhi, India – 110044.
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