- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0047227

About Smart Institute Private Limited
Data last updated:
Smart Institute Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 22 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80301MH2008PTC187728. Its GSTIN is 27AAMCS5594C1ZZ (Maharashtra).
The company has an authorised share capital of ₹11.21 Cr and a paid-up capital of ₹10.96 Cr. It is led by directors Akhil Kishore Shahani (Managing Director) and Maya Kishore Shahani.
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 5/A Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.57 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹36.89 Lakh (net margin 5.6%) and EBITDA of ₹2.77 Cr (EBITDA margin 42.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 28% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: TSCFM and Smart Institute. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 12 deals on record (8 funding rounds, 2 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹17.59 Cr; the latest was in October 2022.
Smart Institute Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0047227). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartinstitute.net.
Company details
Recognitions & Rankings of Smart Institute
Contact details
Smart Institute Private Limited's registered office is in Mumbai, Maharashtra. Its website is smartinstitute.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5/A Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Smart Institute 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
Smart Institute operates two associated brands: TSCFM and Smart Institute. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers professional management, banking, and finance training programs in India. | tscfm.org | |
| Coaching in digital marketing and bank management is offered. | smartinstitute.net |
Business activity
The main business activity of Smart Institute is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Smart Institute Private Limited, buy the company report.
Financials of Smart Institute Private Limited
FY 2025 filings availableSmart Institute Private Limited reported revenue of ₹6.57 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 14% growth in the latest year. EBITDA rose 677% 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 | ₹2.77 Cr | ||||
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| Net Profit (PAT) | ₹36.89 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 | 42.1% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Smart Institute Private Limited, buy the company report.
Board of directors of Smart Institute Private Limited
Smart Institute has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Kishore Shahani | Managing Director | 22 Oct 2008 | 18 Years 0 Months | Current |
| Maya Kishore Shahani Also directs: Shahani Academic and Global Empowerment Foundation | Director | 04 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Smart Institute Private Limited is audited by KAMDAR DESAI & PATEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMDAR DESAI & PATEL | FY 2023 | 104664W |
Shareholding
The shareholding of Smart Institute Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smart Institute Private Limited, buy the company report.
Deals & funding
Smart Institute Private Limited has 12 deals on record (8 funding rounds, 2 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹17.59 Cr; the latest was in October 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round | ₹2 Cr | Investors: Nirankar Advisor LLP , 2 individuals |
| Sep 2018 | Funding round | ₹2 Cr | Investors: an individual |
| Jan 2018 | Funding round | ₹25 Lakh | Investors: Jayavardhan Diwan Family Trust, an individual |
| Jul 2017 | Funding round | ₹50 Lakh | Investors: Maritime & Commerce Agency LLP |
| Aug 2016 | Funding round | ₹3.39 Cr | Investors: 2 individuals |
To see the full deal history of Smart Institute 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
Smart Institute Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Loantap Credit Products Pvt. Ltd. | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
To see the full case history of Smart Institute 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
No delayed payments to MSME suppliers are on our record for Smart Institute Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smart Institute Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Smart Institute has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS5594C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smart Institute Private Limited, buy the company report.
Recent activity
Smart Institute Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Rita Pani ceased to be Additional Director on 21 Sep 2016.
Frequently asked questions
Smart Institute is an active private limited company based in Mumbai, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 22 October 2008 (18+ years old) and is registered under CIN U80301MH2008PTC187728.
Smart Institute has 2 current directors:
- Akhil Kishore Shahani - Managing Director
- Maya Kishore Shahani - Director
The latest financial statements of Smart Institute 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 2015 are in the company report.
The GSTIN of Smart Institute is 27AAMCS5594C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smart Institute is U80301MH2008PTC187728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Institute has 2 court cases on record: 2 filed against it. 2 are pending.
Smart Institute was incorporated on 22 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Smart Institute has 12 deals on record (8 funding rounds, 2 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹17.59 Cr; the latest was in October 2022.
Rita Pani ceased to be Additional Director on 21 Sep 2016. Maya Kishore Shahani ceased to be Additional Director on 30 Sep 2011. Monica Ashish Mehta ceased to be Director on 30 Mar 2010. Smart Institute has 5 board changes on record in total.
Yes, Smart Institute is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0047227).