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 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.
| CIN | Status |
|---|---|
| U72900MH2008PTC343812 | Current |
| U72900DL2008PTC176763 | Previous |
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
- Website
- Social Media
- Registered Address#902 9th Floor Peninsula Towers Peninsula Corporate Park Ganpat Rao Kadam Marg L, Ower Parel, Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aspiring Minds Assessment Private Limited, 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
Aspiring Minds Assessment operates two associated brands: PlacementSeason and Aspiring Minds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 availableAspiring Minds Assessment Private Limited reported revenue of ₹96.99 Cr (up 27% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 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 | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| 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 | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Emmy Hackett | Director | 27 Nov 2019 | 6 Years 11 Months | As last reported |
| Ivo Richard Dcruz | Director | 27 Nov 2019 | 6 Years 11 Months | As last reported |
| Michael Edmondson Also directs: SHL (India) Private Limited | Director | 27 Nov 2019 | 6 Years 11 Months | As 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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% | 304 | Mumbai, 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 firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates LLP | FY 2020 | 116231W/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 category | FY 2020 | FY 2017 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2014 | 10476773 | National Skill Development Corporation | ₹8 Cr | Satisfied |
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.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Funding round | ₹2.57 Cr | Investors: 4 individuals |
| Nov 2019 | Funding round · Series A | ₹17.57 Cr | Investors: SHL (India) Private Limited |
| Nov 2019 | Acquisition | ₹400.56 Cr | Buyer: SHL (India) Private Limited Seller: Omidyar Network, 3 individuals |
| Nov 2019 | Secondary share transfer | Undisclosed | Seller: Aspiring Minds ESOP Trust |
| May 2012 | Funding round | ₹1.08 Cr | Investors: 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.
Legal cases
Aspiring Minds Assessment Private Limited has 3 court cases on record: 2 filed by Aspiring Minds Assessment, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against M/S HCL Technologies Ltd. | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against Galgotias University and 2 others | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Ordinate Corporation | Disposed |
To see the full case history of Aspiring Minds Assessment Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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.
GST
Aspiring Minds Assessment has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA9961P1ZT | Maharashtra | Active | 16 Aug 2017 |
| 06AAGCA9961P1ZX | Haryana | Active | 01 Jul 2017 |
| 07AAGCA9961P1ZV | Delhi | Active | 01 Jul 2017 |
| 29AAGCA9961P1ZP | Karnataka | Active | 01 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.
6 earlier events are in the company report.
News
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:
- Emmy Hackett - Director
- Ivo Richard Dcruz - Director
- Michael Edmondson - Director
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.
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