About Aic Iiser Pune Seed Foundation
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Aic Iiser Pune Seed Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the social science research segment of the research and development sector. It was incorporated on 21 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73200PN2018NPL180967. Its GSTIN is 27AARCA7133J1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sunil Subhash Bhagwat and Sanjeev Anant Galande.
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 Dr. Homi Bhabha Road Pashan, Pune, Maharashtra, India – 411008.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.16 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.74 Lakh (net margin 9.3%) and EBITDA of ₹29.84 Lakh (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 52% over five years.
The company is associated with 1 brand: Seedforstartup.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iiserpune.ac.in.
Company details
Contact details
Aic Iiser Pune Seed Foundation's registered office is in Pune, Maharashtra. Its website is iiserpune.ac.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDr. Homi Bhabha Road Pashan, Pune, Maharashtra, India – 411008
- IndustryResearch & Development, Social Science Research
To see the full contact details of Aic Iiser Pune Seed Foundation, 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
Aic Iiser Pune Seed Foundation operates one associated brand: Seedforstartup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nurtures deep science startups through incubation programs, calls, and events in Pune, India. | seedforstartup.in |
Business activity
The main business activity of Aic Iiser Pune Seed Foundation is professional, scientific and technical activities. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 72 | Scientific research and development |
To see the full business activity and turnover split of Aic Iiser Pune Seed Foundation, buy the company report.
Financials of Aic Iiser Pune Seed Foundation
FY 2025 filings availableAic Iiser Pune Seed Foundation reported revenue of ₹1.16 Cr (up 9% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 9% growth in the latest year. EBITDA rose 170% 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 | ₹29.84 Lakh | ||||
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| Net Profit (PAT) | ₹10.74 Lakh | ||||
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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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| EBITDA Margin | 25.8% | ||||
| Net Profit Margin | 9.3% | ||||
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To see the full financial statements and ratios of Aic Iiser Pune Seed Foundation, buy the company report.
Board of directors of Aic Iiser Pune Seed Foundation
Aic Iiser Pune Seed Foundation has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Subhash Bhagwat Also directs: I-Hub Quantum Technology Foundation, Supriya Lifescience Limited | Director | 29 Sep 2023 | 3 Years 1 Months | Current |
| Sanjeev Anant Galande Also directs: Epidote Healthcare LLP, Epidote Labs LLP, Arbuza Regenerate Private Limited and 1 more | Director | 21 Dec 2018 | 7 Years 10 Months | Current |
| Nirmalya Ballav | Director | 24 Jun 2021 | 5 Years 4 Months | Current |
| Jayant Bhalchandra Udgaonkar Also directs: I-Hub Quantum Technology Foundation | Director | 24 Jun 2021 | 5 Years 4 Months | Current |
| Sivaram Swaminathan | Director | 21 Dec 2018 | 7 Years 10 Months | Current |
| Apoorva Anand Palkar | Director | 29 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Aic Iiser Pune Seed Foundation is compared with the 3 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aic Iiser Pune Seed Foundationthis company | ₹1.16 Cr (FY 2026) | ₹10.74 Lakh | 9.3% | 9.0% | Pune, Maharashtra, India | |
| Development Architects Private Limited | ₹1.08 Cr (FY 2025) | 98.0% | Kolkata, West Bengal, India | |||
| Worldwide Clinical Trials India Private Limited | ₹1.07 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Biovancer Technologies Private Limited | ₹1.05 Cr (FY 2025) | 200.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Aic Iiser Pune Seed Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Aic Iiser Pune Seed 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 Aic Iiser Pune Seed Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aic Iiser Pune Seed Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7133J1ZA | Maharashtra | Active | 14 Dec 2021 |
To see the full GST registrations and return filing status of Aic Iiser Pune Seed Foundation, buy the company report.
Recent activity
Aic Iiser Pune Seed Foundation has 7 board changes on record since 2018: 7 appointments. The latest: Apoorva Anand Palkar was appointed as Director on 29 Sep 2023.
Frequently asked questions
Aic Iiser Pune Seed Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in social science research, within the research and development industry. It was incorporated on 21 December 2018 (8+ years old) and is registered under CIN U73200PN2018NPL180967.
Aic Iiser Pune Seed Foundation has 7 current directors:
- Sunil Subhash Bhagwat - Director
- Sanjeev Anant Galande - Director
- Nirmalya Ballav - Director
- Jayant Bhalchandra Udgaonkar - Director
- Sivaram Swaminathan - Director
- Apoorva Anand Palkar - Director
- Aravind Dattatrayrao Chinchure - Director
The latest financial statements of Aic Iiser Pune Seed 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 2019 are in the company report.
The GSTIN of Aic Iiser Pune Seed Foundation is 27AARCA7133J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aic Iiser Pune Seed Foundation is U73200PN2018NPL180967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aic Iiser Pune Seed Foundation was incorporated on 21 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Aic Iiser Pune Seed Foundation by revenue are Development Architects Private Limited, Worldwide Clinical Trials India Private Limited, Biovancer Technologies Private Limited, all in the same principal business activity (scientific research and development).
Apoorva Anand Palkar was appointed as Director on 29 Sep 2023. Aravind Dattatrayrao Chinchure was appointed as Director on 29 Sep 2023. Sunil Subhash Bhagwat was appointed as Director on 29 Sep 2023. Aic Iiser Pune Seed Foundation has 7 board changes on record in total.
Aic Iiser Pune Seed Foundation can be reached through the website iiserpune.ac.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Aic Iiser Pune Seed Foundation is at Dr. Homi Bhabha Road Pashan, Pune, Maharashtra, India – 411008.
Aic Iiser Pune Seed Foundation operates in the research and development industry, in the social science research segment.
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