Asar Initiatives Foundation
About Asar Initiatives Foundation
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Asar Initiatives Foundation is a private not for profit company based in Noida, Uttar Pradesh, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 16 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U85300UP2021NPL148928.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jugal Bhagvandas Arora and Kalyan Kumar Bhadra.
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 A – 104 Jalvayu Vihar Sector 21 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹229 (net margin 0%) and EBITDA of ₹22,317 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
Company details
Contact details
Asar Initiatives Foundation's registered office is in Noida, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressA – 104 Jalvayu Vihar Sector 21 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Asar Initiatives 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
Business activity
The main business activity of Asar Initiatives Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Asar Initiatives Foundation, buy the company report.
Financials of Asar Initiatives Foundation
FY 2025 filings availableAsar Initiatives Foundation reported revenue of ₹12.79 Lakh (up 189% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 189% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 113% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹22,317 | |||
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| Net Profit (PAT) | -₹229 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 1.7% | |||
| Net Profit Margin | 0% | |||
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To see the full financial statements and ratios of Asar Initiatives Foundation, buy the company report.
Board of directors of Asar Initiatives Foundation
Asar Initiatives Foundation has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Bhagvandas Arora | Director | 16 Jul 2021 | 5 Years 3 Months | Current |
| Kalyan Kumar Bhadra | Director | 16 Jul 2021 | 5 Years 3 Months | Current |
| Richie Agarwal | Director | 16 Jul 2021 | 5 Years 3 Months | Current |
| Manojit Sen | Director | 05 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Asar Initiatives Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (sports, recreation, cultural and other education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rawabi Associates Private Limited | ₹13.04 Lakh (FY 2025) | 457.0% | Kozhikode, Kerala, India | |||
| Paras Films Media Private Limited | ₹13.03 Lakh (FY 2019) | 8.0% | Delhi, India | |||
| Orgze Eduecom Private Limited | ₹12.97 Lakh (FY 2024) | -40.0% | Bangalore, Karnataka, India | |||
| Oranix Technologies Private Limited | ₹12.92 Lakh (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Anzel Education Training Institute Private Limited | ₹12.86 Lakh (FY 2025) | 4.0% | Agra, Uttar Pradesh, India | |||
| Asar Initiatives Foundationthis company | ₹12.79 Lakh (FY 2025) | -₹229 | 0% | 189.0% | Noida, Uttar Pradesh, India | |
| Federation of Democratic Voices | ₹12.78 Lakh (FY 2024) | -79.0% | Ghaziabad, Uttar Pradesh, India | |||
| Starlim India Private Limited | ₹12.72 Lakh (FY 2021) | -10.0% | Dehradun, Uttarakhand, India | |||
| Govindas Global Badminton Academy and Multisports Private Limited | ₹12.71 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Apensia Media Management Private Limited | ₹12.7 Lakh (FY 2020) | -36.0% | New Delhi, Delhi, India | |||
| Rankers Academy Private Limited | ₹12.67 Lakh (FY 2017) | 1.0% | Saharsa, Bihar, India |
To see the full peer comparison of Asar Initiatives Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Asar Initiatives 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 Asar Initiatives 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 Asar Initiatives Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asar Initiatives Foundation has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Manojit Sen was appointed as Director on 05 Jul 2025.
Frequently asked questions
Asar Initiatives Foundation is an active private not for profit company based in Noida, Uttar Pradesh, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 16 July 2021 (5+ years old) and is registered under CIN U85300UP2021NPL148928.
Asar Initiatives Foundation has 4 current directors:
- Jugal Bhagvandas Arora - Director
- Kalyan Kumar Bhadra - Director
- Richie Agarwal - Director
- Manojit Sen - Director
The latest financial statements of Asar Initiatives 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Asar Initiatives Foundation is U85300UP2021NPL148928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asar Initiatives Foundation was incorporated on 16 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Asar Initiatives Foundation by revenue are Rawabi Associates Private Limited, Paras Films Media Private Limited, Orgze Eduecom Private Limited, Oranix Technologies Private Limited, Anzel Education Training Institute Private Limited and 5 more, all in the same principal business activity (sports, recreation, cultural and other education).
Manojit Sen was appointed as Director on 05 Jul 2025. Bharatkumar Mahendrabhai Vyas ceased to be Director on 30 Sep 2023. Jugal Bhagvandas Arora was appointed as Director on 16 Jul 2021. Asar Initiatives Foundation has 5 board changes on record in total.
The registered office of Asar Initiatives Foundation is at A – 104 Jalvayu Vihar Sector 21 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301.
Asar Initiatives Foundation operates in the non-profit organizations industry, in the social work segment.
Asar Initiatives Foundation can be reached at its registered office: A – 104 Jalvayu Vihar Sector 21 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301.
Asar Initiatives Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.
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