About Abag Hi-Tech Education Limited
Data last updated:
Abag Hi-Tech Education Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 26 October 2009.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U80904DL2009PLC195481.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹80.5 Lakh. It was formerly known as Abag Hi-Tech Education Private Limited. It is led by directors including Amul Gabrani and Ajay Kumar Bishnoi.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 106 Vishwadeep Tower Plot No. 4 District Center Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2017, the company reported a revenue of ₹14.93 Lakh. For the same year it recorded a net loss of ₹21.47 Lakh (net margin -143.8%) and EBITDA of ₹14.53 Lakh (EBITDA margin 97.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The last known website on record is tecprosystems.com.
Company details
CIN history
Abag Hi-Tech Education has one previous CIN (Corporate Identification Number): U80904DL2009PTC195481. The current CIN is U80904DL2009PLC195481, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80904DL2009PLC195481 | Current |
| U80904DL2009PTC195481 | Previous |
Contact details
Abag Hi-Tech Education Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address106 Vishwadeep Tower Plot No. 4 District Center Janakpuri, New Delhi, Delhi, India – 110058
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Abag Hi-Tech Education 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
Financials of Abag Hi-Tech Education Limited
FY 2017 filings availableAbag Hi-Tech Education Limited reported revenue of ₹14.93 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹14.93 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹14.53 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹21.47 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 97.3% | ||
| Net Profit Margin | -143.8% | ||
| 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 | |||
To see the full financial statements and ratios of Abag Hi-Tech Education Limited, buy the company report.
Board of directors of Abag Hi-Tech Education Limited
Abag Hi-Tech Education has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amul Gabrani | Director | 26 Oct 2009 | 17 Years 0 Months | As last reported |
| Ajay Kumar Bishnoi Also directs: Great Asian Institute of Management & Technology | Director | 26 Oct 2009 | 17 Years 0 Months | As last reported |
| Perintalmanna Venkatrama Krishnakumar Also directs: Fusion Fittings (I) Limited, Tecpro Stones Private Limited | Director | 01 Aug 2014 | 12 Years 3 Months | As last reported |
Peer comparison
Abag Hi-Tech Education Limited is compared with the 10 companies closest to it by revenue in the Education industry (Builders and Developers, Education, K12 and Higher Education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srijan Regency Private Limited | ₹14.94 Lakh (FY 2025) | -71.0% | Kolkata, West Bengal, India | |||
| Kiggle Learners Experiential Education Foundation | ₹14.94 Lakh (FY 2025) | Coimbatore, Tamil Nadu, India | ||||
| Apt Constructions Private Limited | ₹14.94 Lakh (FY 2025) | 120.0% | Kanpur, Uttar Pradesh, India | |||
| K S Builders Private Limited | ₹14.93 Lakh (FY 2024) | 33.0% | New Delhi, Delhi, India | |||
| Paper Planes Education Consultancy Private Limited | ₹14.93 Lakh (FY 2019) | 1085.0% | Bhilai, Chhattisgarh, India | |||
| Abag Hi-Tech Education Limitedthis company | ₹14.93 Lakh (FY 2017) | -₹21.47 Lakh | -143.8% | New Delhi, Delhi, India | ||
| Ecohomes Constructions Private Limited | ₹14.93 Lakh (FY 2025) | -67.0% | Mumbai, Maharashtra, India | |||
| Sree Varaaha Infra Developers Private Limited | ₹14.93 Lakh (FY 2024) | 0.0% | Hyderabad, Telangana, India | |||
| Punctual Dealtrade Private Limited | ₹14.93 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Chandak Education and Healthcare Foundation | ₹14.92 Lakh (FY 2025) | 288.0% | Gwalior, Madhya Pradesh, India | |||
| Ell Dee Malls Private Limited | ₹14.92 Lakh (FY 2024) | 298365.0% | Howrah, West Bengal, India |
To see the full peer comparison of Abag Hi-Tech Education Limited, buy the company report.
Auditor
Abag Hi-Tech Education Limited is audited by R G LUTHRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G LUTHRA & CO | FY 2017 | 006080N |
Shareholding
The shareholding of Abag Hi-Tech Education Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Abag Hi-Tech Education Limited, buy the company report.
Legal cases
No court or tribunal cases involving Abag Hi-Tech Education Limited 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 Abag Hi-Tech Education Limited; 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 Abag Hi-Tech Education Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Abag Hi-Tech Education Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Ajay Kumar Bishnoi ceased to be Director on 08 Aug 2018.
Frequently asked questions
Abag Hi-Tech Education is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Abag Hi-Tech Education is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 26 October 2009 and is registered under CIN U80904DL2009PLC195481. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Abag Hi-Tech Education has 3 current directors:
- Amul Gabrani - Director
- Ajay Kumar Bishnoi - Director
- Perintalmanna Venkatrama Krishnakumar - Director
The latest financial statements of Abag Hi-Tech Education on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Abag Hi-Tech Education is U80904DL2009PLC195481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abag Hi-Tech Education was incorporated on 26 October 2009. It is registered with the Registrar of Companies, Delhi.
The peers of Abag Hi-Tech Education by revenue are Srijan Regency Private Limited, Kiggle Learners Experiential Education Foundation, Apt Constructions Private Limited, K S Builders Private Limited, Paper Planes Education Consultancy Private Limited and 5 more, all in the Education industry (Builders and Developers, Education, K12 and Higher Education).
Ajay Kumar Bishnoi ceased to be Director on 08 Aug 2018. Amita Bishnoi ceased to be Director on 01 Aug 2014. Goldie Gabrani ceased to be Director on 01 Aug 2014. Abag Hi-Tech Education has 6 board changes on record in total.
Abag Hi-Tech Education can be reached through the website tecprosystems.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Abag Hi-Tech Education is at 106 Vishwadeep Tower Plot No. 4 District Center Janakpuri, New Delhi, Delhi, India – 110058.
Abag Hi-Tech Education operates in the education industry, in the k-12 and higher education institutions segment.
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