About Acic Giet University Foundation
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Acic Giet University Foundation is a private not for profit company based in Gunupur, Odisha, India. It operates in the secondary segment of the education and learning sector. It was incorporated on 09 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U80221OR2020NPL033106.
It is led by directors Satya Prakash Panda and Chandradhwaj Panda.
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 C/O Sri Satya Prakash Panda G I E T, Gunupur, Odisha, India – 765022.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.56 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹13.09 Lakh (net margin -53.3%) and EBITDA of -₹13.08 Lakh (EBITDA margin -53.3%).
The company is associated with 1 brand: GIET University.
For more details, the company can be reached via its website giet.edu.
Company details
Contact details
Acic Giet University Foundation's registered office is in Gunupur, Odisha.
- Social Media
- Registered AddressC/O Sri Satya Prakash Panda G I E T, Gunupur, Odisha, India – 765022
- IndustryEducation & Learing, Secondary, Secondary Education, Senior Secondary Education, Technical & Vocational Training
- 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
Acic Giet University Foundation operates one associated brand: GIET University. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers higher education in engineering, technology, management, and sciences in eastern India. | giet.edu |
Business activity
The main business activity of Acic Giet University Foundation 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 Acic Giet University Foundation, buy the company report.
Financials of Acic Giet University Foundation
FY 2025 filings availableAcic Giet University Foundation reported revenue of ₹24.56 Lakh (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest 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 | -₹13.08 Lakh | |||
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| Net Profit (PAT) | -₹13.09 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -53.3% | |||
| Net Profit Margin | -53.3% | |||
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To see the full financial statements and ratios of Acic Giet University Foundation, buy the company report.
Board of directors of Acic Giet University Foundation
Acic Giet University Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Prakash Panda Also directs: SPBM Ventures Private Limited, Puri Eco-Tourism and Resorts Private Limited, Incubate X Innovation Foundation and 2 more | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
| Chandradhwaj Panda Also directs: Incubate X Innovation Foundation, Gita Incubation Foundation, Maa Majhigouri Farmers Producer Company Limited and 5 more | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Acic Giet University Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| An Igp E-Learning Private Limited | ₹25.18 Lakh (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Bajirao Education Circle Private Limited | ₹25.17 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Ats Cadd Core Private Limited | ₹25.01 Lakh (FY 2019) | 29.0% | Kurukshetra, Haryana, India | |||
| Jagadeesh Private Limited | ₹24.9 Lakh (FY 2025) | 32.0% | Hyderabad, Telangana, India | |||
| RMJ Institute of Capital Market Private Limited. | ₹24.73 Lakh (FY 2025) | -30.0% | Delhi, India | |||
| Acic Giet University Foundationthis company | ₹24.56 Lakh (FY 2024) | -₹13.09 Lakh | -53.3% | -17.0% | Gunupur, Odisha, India | |
| Nd_Nanhi Duniya Education Private Limited | ₹24.53 Lakh (FY 2025) | 18.0% | Darbhanga, Bihar, India | |||
| Ecaffe Learning Private Limited | ₹24.53 Lakh (FY 2024) | 24.0% | Noida, Uttar Pradesh, India | |||
| Dcodeai Private Limited | ₹24.46 Lakh (FY 2025) | -22.0% | Delhi, India | |||
| Avantika Institutions Private Limited | ₹24.44 Lakh (FY 2024) | -50.0% | Allahabad, Uttar Pradesh, India | |||
| Pan Tutorials Private Limited | ₹24.43 Lakh (FY 2021) | -81.0% | Patna, Bihar, India |
To see the full peer comparison of Acic Giet University Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Acic Giet University 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 Acic Giet University Foundation; 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 Acic Giet University Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Acic Giet University Foundation has 2 board changes on record since 2020: 2 appointments. The latest: Chandradhwaj Panda was appointed as Director on 09 Jun 2020.
Frequently asked questions
Acic Giet University Foundation is an active private not for profit company based in Gunupur, Odisha, India. The company works in secondary, within the education and learning industry. It was incorporated on 09 June 2020 (6+ years old) and is registered under CIN U80221OR2020NPL033106.
Acic Giet University Foundation has 2 current directors:
- Satya Prakash Panda - Director
- Chandradhwaj Panda - Director
The latest financial statements of Acic Giet University 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 Acic Giet University Foundation is U80221OR2020NPL033106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acic Giet University Foundation was incorporated on 09 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Acic Giet University Foundation by revenue are An Igp E-Learning Private Limited, Bajirao Education Circle Private Limited, Ats Cadd Core Private Limited, Jagadeesh Private Limited, RMJ Institute of Capital Market Private Limited. and 5 more, all in the same principal business activity (higher education, technical & vocational education).
Chandradhwaj Panda was appointed as Director on 09 Jun 2020. Satya Prakash Panda was appointed as Director on 09 Jun 2020.
Acic Giet University Foundation can be reached through the website giet.edu. Its registered office is in Gunupur, Odisha, India.
The registered office of Acic Giet University Foundation is at CO Sri Satya Prakash Panda G I E T, Gunupur, Odisha, India – 765022.
Acic Giet University Foundation operates in the education and learning industry, in the secondary segment.
Acic Giet University Foundation has 1 associated brand: Giet University.