About Aakash Educational Services Limited
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Aakash Educational Services Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Think & Learn Private Limited. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 15 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80300KA2007PLC150057. Its GSTIN is 29AAGCA6863Q1ZS (Karnataka). The company holds 27 GST registrations, of which 24 are active.
The company has an authorised share capital of ₹422.5 Cr and a paid-up capital of ₹130.31 Cr. It was formerly known as Aakash Educational Services Private Limited. It is led by directors including Chandra Sekhar Reddy Garisa (Managing Director) and Shailesh Vishnubhai Haribhakti.
Its last annual general meeting (AGM) was held on 13 January 2026, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹2,154.29 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹186.51 Cr (net margin -8.7%) and EBITDA of ₹105.65 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
The company has about 5,131 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 4 brands: Aakash Digital, ArdorComm Media Group, Meritnation and Aakash Educational Services. As per MCA filings, the company has open charges of ₹475 Cr and satisfied charges of ₹2,543.55 Cr on record. Court records list 594 cases involving the company, including 312 filed by the company and 282 filed against it; 157 cases are pending. The company has 18 deals on record (11 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹2,018.92 Cr; the latest was in November 2025. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakash.ac.in.
Company details
CIN history
Aakash Educational Services has one previous CIN (Corporate Identification Number): U80300DL2007PLC169398. The current CIN is U80300KA2007PLC150057, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80300KA2007PLC150057 | Current |
| U80300DL2007PLC169398 | Previous |
Contact details
Aakash Educational Services Limited's registered office is in Bangalore, Karnataka. Its website is aakash.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 5/2 2nd Floor, Kundanahalli Gate Varthur Road Opposite Skr Kalyana Mandapa Whitefield Bengaluru, Bangalore, Karnataka, India – 560037
- IndustryEducation, Test Prep & Competitive Exam Coaching
To see the full contact details of Aakash Educational Services 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
Aakash Educational Services operates multiple associated brands including Aakash Digital, ArdorComm Media Group, and Meritnation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform providing live classes, tests, and mentoring for competitive exams. | aakashdigital.com | |
| Media organization linking education, HR, healthcare, governance, and entertainment communities. | ardorcomm-media.com | |
| Provider of tutoring and learning resource platform for students | meritnation.com | |
| Chain of centers offering coaching for medical & engineering entrance exams | aakash.ac.in |
Business activity
The main business activity of Aakash Educational Services is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Aakash Educational Services Limited, buy the company report.
Financials of Aakash Educational Services Limited
FY 2024 filings availableAakash Educational Services Limited reported revenue of ₹2,154.29 Cr (up 3% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 3% growth in the latest year. EBITDA rose 10% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹105.65 Cr | ||||
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| Net Profit (PAT) | -₹186.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | -8.7% | ||||
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To see the full financial statements and ratios of Aakash Educational Services Limited, buy the company report.
Board of directors of Aakash Educational Services Limited
Aakash Educational Services has 7 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Vishnubhai Haribhakti | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
| Chandra Sekhar Reddy Garisa Also directs: BPL Medical Technologies Private Limited, Panacea Medical Technologies Private Limited, River Mobility Private Limited and 5 more | Managing Director | 28 Feb 2025 | 1 Years 7 Months | Current |
| Nikhil Manohar Naik Also directs: Finolex Cables Limited, Matix Fertilisers and Chemicals Limited, Salaya Bulk Terminals Limited and 2 more | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
| Bhumika Batra Also directs: Deepak Nitrite Limited, Sudarshan Chemical Industries Limited, Jyothy Labs Limited and 5 more | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Danda Venkateshwar Prasad Also directs: JCK Infrastructure Development Limited, Pelatro Limited | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Ajay Khanna | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Aakash Educational Services Limited is audited by M S K A & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Aakash Educational Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aakash Educational Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101070051 | Axis Bank Limited | ₹75 Cr | Open | |
| 23 Oct 2024 | 101000167 | Others | ₹200 Cr | Open | |
| 19 Sep 2024 | 100986448 | Others | ₹200 Cr | Open | |
| 06 Mar 2024 | 100879679 | Others | ₹200 Cr | Satisfied | |
| 23 Feb 2024 | 100873445 | Others | ₹100 Cr | Satisfied |
To see the full charge records of Aakash Educational Services Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Aakash Educational Services Limited has 18 deals on record (11 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹2,018.92 Cr; the latest was in November 2025.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Rights issue | ₹74.37 Cr | Investors: Manipal Health Systems Private Limited , MEMG Family Office, Manipal Education & Medical Group India Private Limited, an individual |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Think & Learn Private Limited , Think & Learn Private Limited & Great Learning Education Services Private Limited Seller: 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Think & Learn Private Limited Seller: an individual |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Think & Learn Private Limited Seller: 3 individuals |
| Jun 2021 | Funding round | ₹6.06 Cr | Investors: an individual |
To see the full deal history of Aakash Educational Services 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
Aakash Educational Services Limited has 594 court cases on record: 312 filed by Aakash Educational Services, 282 filed against it. 157 cases are pending and 437 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 451 | 222 | 113 |
| High courts | 103 | 34 | 27 |
| NCLAT | 23 | 16 | 15 |
| NCLT | 10 | 6 | 1 |
| Supreme Court | 7 | 4 | 1 |
Cases on record (5 of 594)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed against the company by Shri Ram Finance Ltd | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Think & Learn Private Limited (in Corporate Insolvency Resolution Process) Through Its Resolution Professional Mr. Shailendra Ajmera | Pending |
| District court, North, Delhi | Court case (Ex. - Award by Arb.) | Filed against the company by Indusind Bank Ltd. | Pending |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by M.S. Fincap Private Limited | Pending |
| District court, Khandwa, Madhya Pradesh | Court case (EX AB) | Filed against the company by Shri Ram Finance Ltd by Prafulla Badase | Pending |
To see the full case history of Aakash Educational Services 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
Aakash Educational Services Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Delcot Engineering Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Aakash Educational Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Aakash Educational Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aakash Edutech Private Limited | U99999DL2001PTC110324 |
To see the full group structure of Aakash Educational Services Limited, buy the company report.
Employees & EPFO
Aakash Educational Services Limited has a workforce of 5,131 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Aakash Educational Services has 27 GST registrations: 24 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA6863Q1ZS | Karnataka | Active | 01 Jul 2017 |
| 03AAGCA6863Q1Z6 | Punjab | Active | 01 Jul 2017 |
| 04AAGCA6863Q1Z4 | Chandigarh | Active | 01 Jul 2017 |
| 06AAGCA6863Q1Z0 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakash Educational Services Limited, buy the company report.
Recent activity
Aakash Educational Services Limited has 41 board changes on record since 2008: 9 appointments and 32 cessations. The latest: Vaitheeswaran Seetharaman ceased to be Additional Director on 25 Sep 2025.
66 earlier events are in the company report.
News
Frequently asked questions
Aakash Educational Services is an active public limited company based in Bangalore, Karnataka, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 15 October 2007 (19+ years old) and is registered under CIN U80300KA2007PLC150057.
Aakash Educational Services has 7 current directors:
- Chandra Sekhar Reddy Garisa - Managing Director
- Shailesh Vishnubhai Haribhakti - Director
- Nikhil Manohar Naik - Director
- Bhumika Batra - Director
- Danda Venkateshwar Prasad - Director
- Ajay Khanna - Director
- Vaitheeswaran Seetharaman - Director
The latest financial statements of Aakash Educational Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 January 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakash Educational Services is 29AAGCA6863Q1ZS, registered in Karnataka. The company has 27 GST registrations in all, of which 24 are active and 3 are cancelled or inactive. Other active GSTINs include 03AAGCA6863Q1Z6 (Punjab), 04AAGCA6863Q1Z4 (Chandigarh), 06AAGCA6863Q1Z0 (Haryana).
The CIN (Corporate Identification Number) of Aakash Educational Services is U80300KA2007PLC150057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Educational Services has 594 court cases on record: 312 filed by the company and 282 filed against it. 157 are pending. Most are in the district courts.
Aakash Educational Services was incorporated on 15 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Aakash Educational Services has 18 deals on record (11 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹2,018.92 Cr; the latest was in November 2025.
Vaitheeswaran Seetharaman ceased to be Additional Director on 25 Sep 2025. Chandra Sekhar Reddy Garisa ceased to be Additional Director on 18 Aug 2025. Chandra Sekhar Reddy Garisa was appointed as Managing Director on 28 Feb 2025. Aakash Educational Services has 41 board changes on record in total.
Aakash Educational Services has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.
Aakash Educational Services can be reached through the website aakash.ac.in. Its registered office is in Bangalore, Karnataka, India.