Aspiring Minds Assessment Private Limited

Aspiring Minds Assessment Private Limited - information technology in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72900MH2008PTC343812 Incorporated 15 April 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹96.99 Cr
▲ 27% YoY
Net loss · FY 2020
₹5.96 Cr
Net margin -6.1%
EBITDA · FY 2020
₹4.09 Cr
EBITDA margin 4.2%
Authorised capital
₹4.75 Cr
Registered with MCA
Paid-up capital
₹4.48 Cr
Issued & subscribed
Satisfied charges
₹8 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
304
Provident fund records

About Aspiring Minds Assessment Private Limited

Data last updated:

Aspiring Minds Assessment Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Shl (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 April 2008.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC343812. Its GSTIN is 27AAGCA9961P1ZT (Maharashtra). The company held 4 GST registrations, all of them active.

The company had an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.48 Cr. It was led by directors including Emmy Hackett and Ivo Richard Dcruz.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 902 9th Floor Peninsula Towers Peninsula Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2020, the company reported a revenue of ₹96.99 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.96 Cr (net margin -6.1%) and EBITDA of ₹4.09 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.

The company had about 304 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 2 brands: PlacementSeason and Aspiring Minds. As per MCA filings, the company had satisfied charges of ₹8 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 9 deals on record (7 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹34.38 Cr; the latest was in June 2020. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 5 smaller; the largest is Awlencan Innovations India Limited with revenue of ₹98.18 Cr.

The last known website on record is aspiringminds.com.

Company details

CIN U72900MH2008PTC343812
Registration Number 343812
Incorporation Date 15 April 2008
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Shl (India) Private Limited
Compliance Status Active Compliant

CIN history

Aspiring Minds Assessment has one previous CIN (Corporate Identification Number): U72900DL2008PTC176763. The current CIN is U72900MH2008PTC343812, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900MH2008PTC343812Current
U72900DL2008PTC176763Previous

Contact details

Aspiring Minds Assessment Private Limited's registered office is in Mumbai, Maharashtra. Its website is aspiringminds.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    #902 9th Floor Peninsula Towers Peninsula Corporate Park Ganpat Rao Kadam Marg L, Ower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Aspiring Minds Assessment Private Limited, buy the company report.

Comprehensive company report
Aspiring Minds Assessment Private Limited - one report that includes everything
  • 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
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Brands

Aspiring Minds Assessment operates two associated brands: PlacementSeason and Aspiring Minds. Each brand links to its own profile.

BrandDescriptionWebsite
An online site offering test preparation resources for campus placements.placementseason.com
AI-based assessments for enterprise candidate skills are provided.aspiringminds.com

Business activity

The main business activity of Aspiring Minds Assessment is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Aspiring Minds Assessment Private Limited, buy the company report.

Financials of Aspiring Minds Assessment Private Limited

FY 2020 filings available

Aspiring Minds Assessment Private Limited reported revenue of ₹96.99 Cr (up 27% YoY) for FY 2020.

Revenue · FY 2020
₹96.99 Cr ▲ 27%
Net loss · FY 2020
₹5.96 Cr margin -6.1%
EBITDA · FY 2020
₹4.09 Cr margin 4.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 14%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 34%
5 years · compounded
▼ 35%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 27% growth in the latest year. EBITDA fell 80% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹96.99 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.96 Cr
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin4.2%
Net Profit Margin-6.1%
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

To see the full financial statements and ratios of Aspiring Minds Assessment Private Limited, buy the company report.

Board of directors of Aspiring Minds Assessment Private Limited

Aspiring Minds Assessment has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Emmy HackettDirector27 Nov 20196 Years 11 MonthsAs last reported
Ivo Richard DcruzDirector27 Nov 20196 Years 11 MonthsAs last reported
Michael EdmondsonDirector27 Nov 20196 Years 11 MonthsAs last reported

Peer comparison

Aspiring Minds Assessment Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Awlencan Innovations India Limited₹98.18 Cr (FY 2025)87.0%Hyderabad, Telangana, India
Fiserv Ce Private Limited₹98.14 Cr (FY 2022)97.0%New Delhi, Delhi, India
Netbeans Systems Private Limited₹97.1 Cr (FY 2024)11.0%Bhopal, Madhya Pradesh, India
Infotel Services and Sales Private Limited₹97.1 Cr (FY 2025)27.0%New Town, Kolkata, West Bengal, India
Aspiring Minds Assessment Private Limitedthis company₹96.99 Cr (FY 2020)-₹5.96 Cr-6.1%27.0%304Mumbai, Maharashtra, India
Trenser Technology Solutions Private Limited₹96.99 Cr (FY 2025)47.0%Thiruvananthapuram, Kerala, India
Maximusgcc Technology and Business Services (India) Private Limited₹96.97 Cr (FY 2025)15.0%Bangalore, Karnataka, India
Applied Systems India Private Limited₹96.9 Cr (FY 2025)48.0%Bangalore, Karnataka, India
Ihcs Technologies India Private Limited₹96.79 Cr (FY 2025)30.0%Vadodara, Gujarat, India
Egdk India Private Limited₹96.39 Cr (FY 2025)240.0%Mangalore, Karnataka, India

To see the full peer comparison of Aspiring Minds Assessment Private Limited, buy the company report.

Auditor

Aspiring Minds Assessment Private Limited is audited by B S R and Associates LLP for the financial year 2020.

Auditor firmFinancial yearFirm registration number
B S R and Associates LLPFY 2020116231W/W100024

Shareholding

The shareholding of Aspiring Minds Assessment Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aspiring Minds Assessment Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹8 Cr
Breakdown by lending institutions
National Skill Development Corporation₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jan 201410476773National Skill Development Corporation₹8 CrSatisfied

To see the full charge records of Aspiring Minds Assessment Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Aspiring Minds Assessment Private Limited has 9 deals on record (7 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹34.38 Cr; the latest was in June 2020.

Total deals
9
Funding rounds
7
Secondary share transfer
1
Acquisition
1
Disclosed funding
₹34.38 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Jun 2020Funding round₹2.57 CrInvestors: 4 individuals
Nov 2019Funding round · Series A₹17.57 CrInvestors: SHL (India) Private Limited
Nov 2019Acquisition₹400.56 CrBuyer: SHL (India) Private Limited
Seller: Omidyar Network, 3 individuals
Nov 2019Secondary share transferUndisclosedSeller: Aspiring Minds ESOP Trust
May 2012Funding round₹1.08 CrInvestors: Genpact Consulting (Singapore) Private Limited

To see the full deal history of Aspiring Minds Assessment Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aspiring Minds Assessment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Aspiring Minds Assessment Private Limited has a workforce of 304 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
304
Active EPFO establishments
1
Employee growth
-2.25%

GST

Aspiring Minds Assessment has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
27AAGCA9961P1ZTMaharashtraActive16 Aug 2017
06AAGCA9961P1ZXHaryanaActive01 Jul 2017
07AAGCA9961P1ZVDelhiActive01 Jul 2017
29AAGCA9961P1ZPKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Aspiring Minds Assessment Private Limited, buy the company report.

Recent activity

Aspiring Minds Assessment Private Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Badri Pillapakkam Bahukutumbi ceased to be Nominee Director on 27 Nov 2019.

AGM
Aspiring Minds Assessment Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Charges
A charge registered on 14 Jan 2014 via Charge ID 10476773 with National Skill Development Corporation was fully satisfied on 14 Aug 2020.
Filing
Aspiring Minds Assessment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Ceased
Badri Pillapakkam Bahukutumbi ceased to be Nominee Director.
Appointed
Emmy Hackett was appointed as Director.
Ceased
Emmy Hackett ceased to be Additional Director.
Ceased
Himanshu Aggarwal ceased to be Director.
Ceased
Ivo Richard D'cruz ceased to be Additional Director.
Appointed
Ivo Richard Dcruz was appointed as Director.
Appointed
Michael Edmondson was appointed as Director.
Ceased
Michael Edmondson ceased to be Additional Director.
Ceased
Sachin Nithyanand Kamath ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Aspiring Minds Assessment has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Aspiring Minds Assessment was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 15 April 2008 and is registered under CIN U72900MH2008PTC343812. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Aspiring Minds Assessment was incorporated on 15 April 2008. It is registered with the Registrar of Companies, Mumbai.

Aspiring Minds Assessment had 3 directors:

The CIN (Corporate Identification Number) of Aspiring Minds Assessment is U72900MH2008PTC343812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Aspiring Minds Assessment is at #902 9th Floor Peninsula Towers Peninsula Corporate Park Ganpat Rao Kadam Marg L, Ower Parel, Mumbai, Maharashtra, India – 400013.

Aspiring Minds Assessment can be reached through the website aspiringminds.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Aspiring Minds Assessment on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Aspiring Minds Assessment is 27AAGCA9961P1ZT, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAGCA9961P1ZX (Haryana), 07AAGCA9961P1ZV (Delhi), 29AAGCA9961P1ZP (Karnataka).

Aspiring Minds Assessment operated in the information technology industry, in the application development and software solutions segment.

Aspiring Minds Assessment has 9 deals on record (7 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹34.38 Cr; the latest was in June 2020.