Aic-Gls Foundation
About Aic-Gls Foundation
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Aic-Gls Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 25 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018NPL102999.
The company has 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.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 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. For the same year it recorded a net loss of ₹2,983 (net margin -10%) and EBITDA of -₹2,983 (EBITDA margin -10%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGujarat Law Society Opp. Law Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEducation, K-12 & Higher Education Institutions
- 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
- One PDF report, delivered after checkout
Financials of Aic-Gls Foundation FY 2021 filings available
Aic-Gls Foundation reported revenue of ₹29,917 (down 98% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Aic-Gls Foundation
Revenue fell 98% in the latest year. EBITDA rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Aic-Gls Foundation
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹2,983 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,983 | •••• | •••• |
| 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 of Aic-Gls Foundation
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10% | •••• | •••• |
| Net Profit Margin | -10% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aic-Gls Foundation are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aic-Gls Foundation
Aic-Gls Foundation is compared with the companies closest to it by revenue in the Education industry (K12 and Higher Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Educo Global Education Private Limited | ₹33,500 (FY 2024) | •••• | •••• | -97.0% | •••• | Delhi, India |
| Lectreasure (OPC) Private Limited | ₹31,965 (FY 2025) | •••• | •••• | -33.0% | •••• | Delhi, India |
| K R Mangalam Educational Foundation | ₹31,184 (FY 2025) | •••• | •••• | 763.0% | •••• | New Delhi, Delhi, India |
| Middlesex Education Private Limited | ₹30,600 (FY 2022) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| Tcsei Private Limited | ₹30,500 (FY 2025) | •••• | •••• | -65.0% | •••• | Pratapgarh, Uttar Pradesh, India |
| Aic-Gls Foundation this company | ₹29,917 (FY 2021) | •••• | •••• | -98.0% | •••• | Ahmedabad, Gujarat, India |
| Gyan Shakti Education Private Limited | ₹28,512 (FY 2024) | •••• | •••• | -83.0% | •••• | Delhi, India |
| Ceekh Edunix Private Limited | ₹28,392 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| LNCT Guru Private Limited | ₹28,310 (FY 2024) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Bohni Private Limited | ₹26,721 (FY 2025) | •••• | •••• | -85.0% | •••• | Noida, Uttar Pradesh, India |
| Sarvopari Social Welfare Foundation | ₹26,000 (FY 2025) | •••• | •••• | 2462.0% | •••• | Nainital, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Aic-Gls Foundation by revenue in the Education industry (K12 and Higher Education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aic-Gls Foundation
Aic-Gls Foundation is audited by RAJENDRA NATVERLAL SHAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJENDRA NATVERLAL SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aic-Gls Foundation
Aic-Gls Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Nanavati | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
| Rajesh Gobind Asrani | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
| Hitesh Pravinchandra Ruparel Also directs: Leadership Entrepreneurship and Acceleration Foundation | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Aic-Gls Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of 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
Employment history and EPFO contributions of people linked to Aic-Gls Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aic-Gls Foundation
Aic-Gls Foundation has 3 board changes on record since 2018: 3 appointments. The latest: Hitesh Pravinchandra Ruparel was appointed as Director on 25 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Aic-Gls Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aic-Gls Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aic-Gls Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aic-Gls Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aic-Gls Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aic-Gls Foundation
Aic-Gls Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in k-12 and higher education institutions, within the education industry. 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% YoY).
Aic-Gls Foundation has 3 current directors:
- Sudhir Nanavati - Director
- Rajesh Gobind Asrani - Director
- Hitesh Pravinchandra Ruparel - Director
Aic-Gls Foundation reported a net loss of ₹2,983 (net margin -10%) and EBITDA of -₹2,983 (EBITDA margin -10%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Aic-Gls Foundation is U74999GJ2018NPL102999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aic-Gls Foundation was incorporated on 25 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aic-Gls Foundation by revenue are Educo Global Education Private Limited, Lectreasure (OPC) Private Limited, K R Mangalam Educational Foundation, Middlesex Education Private Limited, Tcsei Private Limited and 5 more, all in the Education industry (K12 and Higher Education).
Hitesh Pravinchandra Ruparel was appointed as Director on 25 Jun 2018. Rajesh Gobind Asrani was appointed as Director on 25 Jun 2018. Sudhir Nanavati was appointed as Director on 25 Jun 2018.
The registered office of Aic-Gls Foundation is at Gujarat Law Society Opp. Law Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Aic-Gls Foundation has an authorised share capital of ₹30,000 and a paid-up capital of ₹30,000.
Aic-Gls Foundation operates in the education industry, in the k-12 and higher education institutions segment.