About Acharya Education Services Private Limited
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Acharya Education Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 29 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80902KA2008PTC046225. Its GSTIN is 29AAHCA1258N1ZA (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Basani Premnath Reddy (Managing Director) and Basani Shalini Priyadarshinireddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.225&226 5th Cross 80 Ft. Road Off New Bel Road Rmv II Stage, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.34 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Lakh (net margin -122.3%) and EBITDA of -₹2.18 Lakh (EBITDA margin -93%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 51% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Acharya Education Services. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aespl.co.
Company details
Contact details
Acharya Education Services Private Limited's registered office is in Bangalore, Karnataka. Its website is aespl.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.225&226 5th Cross 80 Ft. Road Off New Bel Road Rmv II Stage, Bangalore, Karnataka, India – 560094
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of Acharya Education Services 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
Acharya Education Services operates one associated brand: Acharya Education Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| English language training and test preparation services are provided by Acharya Education Services in Bengaluru. | aespl.co |
Financials of Acharya Education Services Private Limited
FY 2024 filings availableAcharya Education Services Private Limited reported revenue of ₹2.34 Lakh (down 87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 87% fall in the latest year. EBITDA fell 159% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.18 Lakh | ||||
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| Net Profit (PAT) | -₹2.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -93% | ||||
| Net Profit Margin | -122.3% | ||||
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To see the full financial statements and ratios of Acharya Education Services Private Limited, buy the company report.
Board of directors of Acharya Education Services Private Limited
Acharya Education Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basani Shalini Priyadarshinireddy Also directs: Chiteta Mining Company Private Limited, L7h Natural Resources Private Limited, SLV Minerals and Mining Private Limited and 5 more | Director | 29 Apr 2008 | 18 Years 6 Months | Current |
| Basani Premnath Reddy Also directs: Chiteta Mining Company Private Limited, L7h Natural Resources Private Limited, SLV Minerals and Mining Private Limited and 5 more | Managing Director | 29 Apr 2008 | 18 Years 6 Months | Current |
| Jayaditt Basaweshwara Basani Reddy Also directs: Tent Works Interactive Private Limited | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Krishna Kabir Reddy Basani | Additional Director | 30 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Acharya Education Services Private Limited is audited by M K TYAGI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K TYAGI & CO | FY 2019 | 009124S |
Shareholding
The shareholding of Acharya Education Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Acharya Education Services Private Limited, buy the company report.
Legal cases
Acharya Education Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by The Hubli Electricity Supply Company Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Balaji Rollings Pvt.Ltd. | Disposed |
To see the full case history of Acharya Education Services 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 Acharya Education Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Acharya Education Services Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Acharya Education Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCA1258N1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acharya Education Services Private Limited, buy the company report.
Recent activity
Acharya Education Services Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Krishna Kabir Reddy Basani was appointed as Additional Director on 30 Mar 2019.
Frequently asked questions
Acharya Education Services is an active private limited company based in Bangalore, Karnataka, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 29 April 2008 (18+ years old) and is registered under CIN U80902KA2008PTC046225.
Acharya Education Services has 4 current directors:
- Basani Premnath Reddy - Managing Director
- Basani Shalini Priyadarshinireddy - Director
- Jayaditt Basaweshwara Basani Reddy - Director
- Krishna Kabir Reddy Basani - Additional Director
The latest financial statements of Acharya Education Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Acharya Education Services is 29AAHCA1258N1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Acharya Education Services is U80902KA2008PTC046225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acharya Education Services has 2 court cases on record: 2 filed against it.
Acharya Education Services was incorporated on 29 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishna Kabir Reddy Basani was appointed as Additional Director on 30 Mar 2019. Jayaditt Basaweshwara Basani Reddy ceased to be Additional Director on 30 Sep 2014. Jayaditt Basaweshwara Basani Reddy was appointed as Director on 01 Aug 2014. Acharya Education Services has 6 board changes on record in total.
Acharya Education Services can be reached through the website aespl.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Acharya Education Services is at No.225&226 5th Cross 80 Ft. Road Off New Bel Road Rmv II Stage, Bangalore, Karnataka, India – 560094.
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