Aic-Gls Foundation

Aic-Gls Foundation - education in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN U74999GJ2018NPL102999 Incorporated 25 June 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Not For Profit Company education
Data last updated
Revenue · FY 2021
₹29,917
▼ 98.00% YoY
EBITDA · FY 2021
*****
▲ 100.00% YoY
Net profit · FY 2021
*****
▲ 100.00% YoY
Authorised capital
₹30,000
Registered with MCA
Paid-up capital
₹30,000
Issued & subscribed
Open charges
None
Secured borrowings
Company age
8 yrs
Est. 2018
Last financials
Mar 2021
Balance sheet date

About Aic-Gls Foundation

Data last updated: 08 March 2026

Aic-Gls Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It specialises in k-12 and higher education institutions, a part of the broader education sector. Incorporated on 25 June 2018, the company has been in operation for over 8 years.

Registered with ROC Ahmedabad under CIN U74999GJ2018NPL102999.

Capital: an authorised share capital of ₹30,000 and a paid-up capital of ₹30,000. It is led by directors including Sudhir Nanavati and Rajesh Gobind Asrani.

Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Gujarat Law Society Opp. Law Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2021, the company reported a revenue of ₹29,917, a decline of 98% compared to the previous year.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Aic-Gls Foundation
CIN U74999GJ2018NPL102999
Registration Number 102999
Incorporation Date 25 June 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Key People
Sudhir Nanavati Director Rajesh Gobind Asrani Director Hitesh Pravinchandra Ruparel Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    Gujarat Law Society Opp. Law Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006
  • Industry
    Education, K-12 & Higher Education Institutions
Company report
Aic-Gls Foundation - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Aic-Gls Foundation in one report.

10-year financials Directors & ownership Charges & compliance

Auditor Details of Aic-Gls Foundation

Aic-Gls Foundation is audited by RAJENDRA NATVERLAL SHAH & CO for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
RAJENDRA NATVERLAL SHAH & CO blur-value blur-value blur-value

Board of Directors of Aic-Gls Foundation

Aic-Gls Foundation is governed by 3 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Sudhir Nanavati
Also directs: Sanghi Industries Limited, Orient Cement Limited, Leadership Entrepreneurship And Acceleration Foundation
Director 25 Jun 2018 8 Years 0 Months Current
Rajesh Gobind Asrani
Also directs: Dataone Innovation Labs Private Limited, A.I. Innovation Labs Private Limited
Director 25 Jun 2018 8 Years 0 Months Current
Hitesh Pravinchandra Ruparel
Also directs: Leadership Entrepreneurship And Acceleration Foundation
Director 25 Jun 2018 8 Years 0 Months Current
View all directors

Financials of Aic-Gls Foundation FY 2021 filings available

Aic-Gls Foundation reported revenue of ₹29,917 (down 98% YoY) for FY 2021. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹29,917 ▼ -98%
Profit
***** ▲ 100%
EBITDA
***** ▲ 100%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Aic-Gls Foundation

As of FY 2019, Aic-Gls Foundation's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Aic-Gls Foundation

Aic-Gls Foundation does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Aic-Gls Foundation

View historical data on people associated with Aic-Gls Foundation, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Aic-Gls Foundation

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Aic-Gls Foundation

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Aic-Gls Foundation

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Aic-Gls Foundation

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Aic-Gls Foundation

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Aic-Gls Foundation

MSME Payment Delays by Aic-Gls Foundation

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Aic-Gls Foundation

Subsidiaries & Group Companies of Aic-Gls Foundation

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Aic-Gls Foundation with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Aic-Gls Foundation

MCA Filings & Documents of Aic-Gls Foundation

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Aic-Gls Foundation

Activity
30 Nov 2021
Aic-Gls Foundation last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Aic-Gls Foundation has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Directors
25 Jun 2018
Sudhir Nanavati was appointed as a Director on 25 Jun 2018 & has been associated with this company since 8 years 13 days.
Directors
25 Jun 2018
Rajesh Gobind Asrani was appointed as a Director on 25 Jun 2018 & has been associated with this company since 8 years 13 days.
Directors
25 Jun 2018
Hitesh Pravinchandra Ruparel was appointed as a Director on 25 Jun 2018 & has been associated with this company since 8 years 13 days.
Activity
25 Jun 2018
Aic-Gls Foundation was registered on 25 Jun 2018 with Roc Ahmedabad & aged 8 years 13 days as per MCA records.

Frequently Asked Questions about Aic-Gls Foundation

Aic-Gls Foundation is an active private not for profit company in the education sector based in Ahmedabad, Gujarat, India. It was incorporated on 25 June 2018 (8+ years old) and is registered under CIN U74999GJ2018NPL102999.

Aic-Gls Foundation reported revenue of ₹29,917 for FY 2021 (down 98.00% YoY).

The current directors of Aic-Gls Foundation are:

The primary industry of Aic-Gls Foundation is education. The company specifically operates in k-12 and higher education institutions. The company is currently active in this sector.

Aic-Gls Foundation can be reached at the registered office: Gujarat Law Society Opp. Law Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006.

The authorised capital is ₹30,000, and the paid-up capital is ₹30,000.

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