Suvarnasurya Foundation
About Suvarnasurya Foundation
Data last updated:
Suvarnasurya Foundation is a private not for profit company based in Ratnagiri, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2020NPL195253.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹25,000. It is led by directors Teja Avinash Raykar and Prasad Suryakant Devasthali.
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 23 Dhamapurmakh Sangameshwar 415804, Ratnagiri, Maharashtra, India – 415804.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.28 Lakh (net margin 5.4%) and EBITDA of ₹1.29 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 220% over three years.
Company details
Contact details
Suvarnasurya Foundation's registered office is in Ratnagiri, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address23 Dhamapurmakh Sangameshwar 415804, Ratnagiri, Maharashtra, India – 415804
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Suvarnasurya 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 Suvarnasurya Foundation is arts, entertainment and recreation. In detail, this covers sports activities and amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 93 | Sports activities and amusement and recreation activities |
To see the full business activity and turnover split of Suvarnasurya Foundation, buy the company report.
Financials of Suvarnasurya Foundation
FY 2025 filings availableSuvarnasurya Foundation reported revenue of ₹23.57 Lakh (up 1198% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 220% over three years. EBITDA rose 156% 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 |
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| EBITDA | ₹1.29 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | ₹1.28 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.5% | |||
| Net Profit Margin | 5.4% | |||
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To see the full financial statements and ratios of Suvarnasurya Foundation, buy the company report.
Board of directors of Suvarnasurya Foundation
Suvarnasurya Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Teja Avinash Raykar | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
| Prasad Suryakant Devasthali | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Suvarnasurya Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (sports activities and amusement and recreation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srinagar Downtown Sports & Culture Foundation | ₹24.52 Lakh (FY 2024) | 1122.0% | Srinagar, Jammu and Kashmir, India | |||
| Lazarus Mervin Foundation | ₹23.96 Lakh (FY 2025) | Pune, Maharashtra, India | ||||
| Washim City Sports Club Private Limited | ₹23.92 Lakh (FY 2025) | -14.0% | Washim, Maharashtra, India | |||
| Andaman Ecstasy Private Limited | ₹23.73 Lakh (FY 2025) | 232.0% | Port Blair, Andaman and Nicobar Islands, India | |||
| Highintensity Sports Private Limited | ₹23.7 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Suvarnasurya Foundationthis company | ₹23.57 Lakh (FY 2024) | ₹1.28 Lakh | 5.4% | 1198.0% | Ratnagiri, Maharashtra, India | |
| Mountreach Skill Development Private Limited | ₹23.44 Lakh (FY 2025) | -62.0% | Nagpur, Maharashtra, India | |||
| Tashtam Events Private Limited | ₹23.24 Lakh (FY 2025) | 18.0% | Gurgaon, Haryana, India | |||
| Athangudi Saibaba Foundation | ₹22.66 Lakh (FY 2024) | 382.0% | Karaikudi, Tamil Nadu, India | |||
| Gec Media India Private Limited | ₹22.65 Lakh (FY 2025) | 169.0% | New Delhi, Delhi, India | |||
| Satrap Sports Private Limited | ₹22.5 Lakh (FY 2025) | 353.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Suvarnasurya Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Suvarnasurya 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 Suvarnasurya Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suvarnasurya Foundation has 1 active EPFO establishment as of Apr 10, 2024.
GST
No GST registration is on our record for Suvarnasurya Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Suvarnasurya Foundation has 2 board changes on record since 2020: 2 appointments. The latest: Prasad Suryakant Devasthali was appointed as Director on 23 Oct 2020.
Frequently asked questions
Suvarnasurya Foundation is an active private not for profit company based in Ratnagiri, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U85300PN2020NPL195253.
Suvarnasurya Foundation has 2 current directors:
- Teja Avinash Raykar - Director
- Prasad Suryakant Devasthali - Director
The latest financial statements of Suvarnasurya 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Suvarnasurya Foundation is U85300PN2020NPL195253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvarnasurya Foundation was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Suvarnasurya Foundation by revenue are Srinagar Downtown Sports & Culture Foundation, Lazarus Mervin Foundation, Washim City Sports Club Private Limited, Andaman Ecstasy Private Limited, Highintensity Sports Private Limited and 5 more, all in the same principal business activity (sports activities and amusement and recreation activities).
Prasad Suryakant Devasthali was appointed as Director on 23 Oct 2020. Teja Avinash Raykar was appointed as Director on 23 Oct 2020.
The registered office of Suvarnasurya Foundation is at 23 Dhamapurmakh Sangameshwar 415804, Ratnagiri, Maharashtra, India – 415804.
Suvarnasurya Foundation operates in the non-profit organizations industry, in the social work segment.
Suvarnasurya Foundation can be reached at its registered office: 23 Dhamapurmakh Sangameshwar 415804, Ratnagiri, Maharashtra, India – 415804.
Suvarnasurya Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.
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