Aic-Selco Foundation - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85300KA2018NPL116960 Incorporated 27 September 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Not For Profit Company travel and hospitality
Data last updated
Revenue · FY 2025
₹2.04 Cr
▲ 344% YoY
Net profit · FY 2025
₹39.12 Lakh
Net margin 19.2%
EBITDA · FY 2025
₹44.14 Lakh
EBITDA margin 21.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
9
Provident fund records
Directors on board
5
As per MCA filings

About Aic-Selco Foundation

Data last updated:

Aic-Selco Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 27 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2018NPL116960.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors including Svati Bhogle and Huda Jaffer.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #690 1st Floor 15th Cross 2nd Phase J P Nagar 100 Feet Ring Road, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39.12 Lakh (net margin 19.2%) and EBITDA of ₹44.14 Lakh (EBITDA margin 21.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Selco Foundation and AIC-SELCO Foundation.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aicselco.org.

Company Details of Aic-Selco Foundation
CIN U85300KA2018NPL116960
Registration Number 116960
Incorporation Date 27 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    #690 1st Floor 15th Cross 2nd Phase J P Nagar 100 Feet Ring Road, Bangalore, Karnataka, India – 560078
  • Industry
    Travel and Hospitality, Consumer Professional Services
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Financials, compliance, directors, charges, ownership and filings for Aic-Selco Foundation in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Business Activity of Aic-Selco Foundation

The main business activity of Aic-Selco Foundation is professional, scientific and technical. In detail, this covers management consultancy activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM3Management consultancy activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Aic-Selco Foundation FY 2025 filings available

Aic-Selco Foundation reported revenue of ₹2.04 Cr (up 344% YoY) for FY 2025.

Revenue · FY 2025
₹2.04 Cr ▲ 344%
Net profit · FY 2025
₹39.12 Lakh margin 19.2%
EBITDA · FY 2025
₹44.14 Lakh margin 21.7%

Compounded Annual Growth Rate (CAGR) of Aic-Selco Foundation

Revenue CAGR growth
1 year
▲ 344%
3 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 136%
3 years · compounded
▼ 35%
5 years · compounded
▼ 26%

Revenue rose 344% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 136% 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 of Aic-Selco Foundation

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹44.14 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹39.12 Lakh••••••••••••••••
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-Selco Foundation

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.7%••••••••••••••••
Net Profit Margin19.2%••••••••••••••••
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-Selco Foundation are in the company report.

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Financial statements from FY 2019

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Peer Comparison of Aic-Selco Foundation

Aic-Selco Foundation is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Accord Interiors Private Limited₹2.05 Cr (FY 2024)••••••••28.0%••••Hyderabad, Telangana, India
Vie Support Language Services Private Limited₹2.04 Cr (FY 2025)••••••••-1.0%••••Chennai, Tamil Nadu, India
Alekhasundari Tech Solution Private Limited₹2.04 Cr (FY 2025)••••••••10.0%••••Gurugram, Haryana, India
Icrederity Info Services Private Limited₹2.04 Cr (FY 2024)••••••••-21.0%••••Bangalore, Karnataka, India
Morii Design (OPC) Private Limited₹2.04 Cr (FY 2025)••••••••70.0%••••Gandhinagar, Gujarat, India
Aic-Selco Foundation this company₹2.04 Cr (FY 2025)••••••••344.0%••••Bangalore, Karnataka, India
Mahadhyuta Engineering Private Limited₹2.04 Cr (FY 2025)••••••••113.0%••••Bhubaneswar, Odisha, India
Vagdevi Innoscience Private Limited₹2.04 Cr (FY 2021)••••••••-50.0%••••Hyderabad, Telangana, India
Nixel Technology Private Limited₹2.04 Cr (FY 2020)••••••••718.0%••••Bangalore, Karnataka, India
Dearest Livings Private Limited₹2.03 Cr (FY 2024)••••••••19.0%••••Ernakulam, Kerala, India
Laxmi Fumigation and Pest Control Ltd₹2.03 Cr (FY 2018)••••••••0.0%••••Indore, Madhya Pradesh, India

Peers are the five companies nearest above and the five nearest below Aic-Selco Foundation by revenue in the Consumer Services industry (Professional Services), 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-Selco Foundation

Aic-Selco Foundation is audited by Ramesh Ashwin & Karanth for the financial year 2022.

NameStatusAppointment DateCessation Date
Ramesh Ashwin & KaranthLockedLockedLocked
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Board of Directors of Aic-Selco Foundation

Aic-Selco Foundation has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Svati BhogleDirector28 Nov 20232 Years 10 MonthsCurrent
Huda JafferDirector26 Jun 20215 Years 3 MonthsCurrent
Rachita MisraDirector26 Jun 20215 Years 3 MonthsCurrent
Bulu Paul MuktiehDirector28 Nov 20232 Years 10 MonthsCurrent
Mbiswanath SinhaDirector08 Feb 20197 Years 8 MonthsCurrent

Ownership and Shareholding of Aic-Selco Foundation

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Charges & Borrowings of Aic-Selco Foundation

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

Associated Brands with Aic-Selco Foundation

Aic-Selco Foundation operates two associated brands: Selco Foundation and AIC-SELCO Foundation. Each brand links to its own profile.

BrandDescriptionWebsite
Focuses on delivering sustainable energy solutions to communities.selcofoundation.org
Sustainable energy incubation and innovation support in North East India.aicselco.org

Employees and EPFO Compliance at Aic-Selco Foundation

Aic-Selco Foundation has a workforce of 9 employees as of Dec 16, 2024.

Employee count
9
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Aic-Selco Foundation

Aic-Selco Foundation has 13 board changes on record since 2019: 5 appointments and 8 cessations. The latest: Bulu Paul Muktieh ceased to be Additional Director on 26 Sep 2024.

AGM
Aic-Selco Foundation last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Aic-Selco Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Bulu Paul Muktieh ceased to be Additional Director.
Ceased
Svati Bhogle ceased to be Additional Director.
Appointed
Bulu Paul Muktieh was appointed as Director.
Appointed
Svati Bhogle was appointed as Director.
Ceased
Krishna Chaitanya Rao Panambur ceased to be Director.
Ceased
Huda Jaffer ceased to be Additional Director.
Ceased
Rachita Misra ceased to be Additional Director.
Ceased
Harish Handerto Hande ceased to be Director.
Ceased
Thomas Joseph Pullenkav ceased to be Director.
Appointed
Huda Jaffer was appointed as Director.

4 earlier events are listed in the company report.

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

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MSME Payment Delays by Aic-Selco Foundation

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Subsidiaries & Group Companies of Aic-Selco Foundation

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GST Compliance of Aic-Selco Foundation

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MCA Filings & Documents of Aic-Selco Foundation

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Frequently Asked Questions about Aic-Selco Foundation

Aic-Selco Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 27 September 2018 (8+ years old) and is registered under CIN U85300KA2018NPL116960.

Aic-Selco Foundation reported revenue of ₹2.04 Cr for FY 2025 (up 344% YoY).

Aic-Selco Foundation has 5 current directors:

Aic-Selco Foundation reported a net profit of ₹39.12 Lakh (net margin 19.2%) and EBITDA of ₹44.14 Lakh (EBITDA margin 21.7%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Aic-Selco Foundation is -10% over three years. In the latest year (FY 2025) revenue rose 344%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Aic-Selco Foundation is U85300KA2018NPL116960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aic-Selco Foundation was incorporated on 27 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Aic-Selco Foundation by revenue are Accord Interiors Private Limited, Vie Support Language Services Private Limited, Alekhasundari Tech Solution Private Limited, Icrederity Info Services Private Limited, Morii Design (OPC) Private Limited and 5 more, all in the Consumer Services industry (Professional Services).

Bulu Paul Muktieh ceased to be Additional Director on 26 Sep 2024. Svati Bhogle ceased to be Additional Director on 26 Sep 2024. Bulu Paul Muktieh was appointed as Director on 28 Nov 2023. Aic-Selco Foundation has 13 board changes on record in total.

Aic-Selco Foundation can be reached through the website aicselco.org. Its registered office is in Bangalore, Karnataka, India.

The registered office of Aic-Selco Foundation is at #690 1st Floor 15th Cross 2nd Phase J P Nagar 100 Feet Ring Road, Bangalore, Karnataka, India – 560078.

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