Startup India Government of India
Basicfirst Learning (OPC) Private Limited - education in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.69 Cr
Latest filing
Net loss · FY 2020
₹19.91 Cr
Latest filing
EBITDA · FY 2020
-₹18.43 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
9
Provident fund records
Directors on board
3
As per MCA filings
About Basicfirst Learning (OPC) Private Limited
Data last updated:
Basicfirst Learning (OPC) Private Limited is a one person company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 21 February 2019.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U74999JH2019OPC012596. Its GSTIN is 20AAICB2954R1ZD (Jharkhand). The company holds 11 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sarika Jain (Irp/Rp/Liquidator) and Randhir Kumar Priyadarshi.
Its latest financial statements are for the year ended 31 March 2020. The registered office is at 1st Floor H.No – 463/A Ashok Nagar Ranchi, Jharkhand, India – 834002.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.69 Cr. For the same year it recorded a net loss of ₹19.91 Cr and EBITDA of -₹18.43 Cr.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Basicfirst. Court records list 63 cases involving the company, including 63 filed against it; 27 cases are pending.
The last known website on record is basicfirst.com.
Company details
CIN U74999JH2019OPC012596
Registration Number 012596
Incorporation Date 21 February 2019
ROC Ranchi
Listing Status Unlisted
Company Status Under CIRP
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Basicfirst Learning
Contact details
Basicfirst Learning (OPC) Private Limited's registered office is in Ranchi, Jharkhand. Its website is basicfirst.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor H.No – 463/A Ashok Nagar Ranchi, Jharkhand, India – 834002
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Basicfirst Learning (OPC) Private Limited, buy the company report.
Comprehensive company report
Basicfirst Learning (OPC) 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
Basicfirst Learning operates one associated brand: Basicfirst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online learning platform for K-12 students and competitive exams. | basicfirst.com |
Business activity
The main business activity of Basicfirst Learning is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Basicfirst Learning (OPC) Private Limited, buy the company report.
Financials of Basicfirst Learning (OPC) Private Limited
FY 2020 filings availableBasicfirst Learning (OPC) Private Limited reported revenue of ₹1.69 Cr for FY 2020.
Revenue · FY 2020
₹1.69 Cr
Net loss · FY 2020
₹19.91 Cr
EBITDA · FY 2020
-₹18.43 Cr
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.69 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹18.43 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹19.91 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
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Basicfirst Learning (OPC) Private Limited, buy the company report.
Board of directors of Basicfirst Learning (OPC) Private Limited
Basicfirst Learning has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Kumari | Nominee | 21 Feb 2019 | 7 Years 8 Months | As last reported |
| Sarika Jain | Irp/Rp/Liquidator | 14 Jan 2025 | 1 Years 9 Months | As last reported |
| Randhir Kumar Priyadarshi | Director | 21 Feb 2019 | 7 Years 8 Months | As last reported |
Peer comparison
Basicfirst Learning (OPC) Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (K12 and Higher Education), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navodaya Knowledge City Limited | ₹1.7 Cr (FY 2024) | 646.0% | Patna, Bihar, India | |||
| Basicfirst Learning (OPC) Private Limitedthis company | ₹1.69 Cr (FY 2020) | -₹19.91 Cr | 9 | Ranchi, Jharkhand, India | ||
| Antilia Education Private Limited | ₹1.67 Cr (FY 2022) | -2.0% | Hyderabad, Telangana, India | |||
| Daffodils Study Abroad Private Limited | ₹1.66 Cr (FY 2025) | -75.0% | New Delhi, Delhi, India |
To see the full peer comparison of Basicfirst Learning (OPC) Private Limited, buy the company report.
Auditor
Basicfirst Learning (OPC) Private Limited is audited by PRASAD KUMAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD KUMAR & CO | FY 2020 | 008816C |
Shareholding
The shareholding of Basicfirst Learning (OPC) Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Basicfirst Learning (OPC) Private Limited, buy the company report.
Legal cases
Basicfirst Learning (OPC) Private Limited has 63 court cases on record: 63 filed against it. 27 cases are pending and 36 are disposed.
Total cases
63
Filed against the company
63
Pending
27
Disposed
36
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 60 | 27 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Criminal case | Filed against the company by Senbonzakura Consultancy Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Pivotroots Digital Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Network18 Media and Investments Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Network18 Media and Investments Ltd. | Pending |
| High Court | Arbitration matter | Filed against the company by TLG India Private Limited | Disposed |
To see the full case history of Basicfirst Learning (OPC) 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 Basicfirst Learning (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Basicfirst Learning (OPC) Private Limited has a workforce of 9 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
28.57%
GST
Basicfirst Learning has 11 GST registrations: 4 active and 7 cancelled or inactive.
Total GSTINs
11
Active
4
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAICB2954R1ZD | Jharkhand | Active | 07 Mar 2019 |
| 32AAICB2954R1Z8 | Kerala | Active | 15 Apr 2019 |
| 07AAICB2954R1Z1 | Delhi | Active | 06 Jul 2019 |
| 10AAICB2954R1ZE | Bihar | Active | 26 Jul 2019 |
To see the full GST registrations and return filing status of Basicfirst Learning (OPC) Private Limited, buy the company report.
Recent activity
Basicfirst Learning (OPC) Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Sarika Jain was appointed as Irp/Rp/Liquidator on 14 Jan 2025.
Appointed
Sarika Jain was appointed as Irp/Rp/Liquidator.
Filing
Basicfirst Learning (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ranchi.
Appointed
Pushpa Kumari was appointed as Nominee.
Appointed
Randhir Kumar Priyadarshi was appointed as Director.
Incorporation
21 Feb 2019
Basicfirst Learning (Opc) Private Limited was registered on 21 Feb 2019 with Roc Ranchi & aged 7 years 8 months as per MCA records.
News
Frequently asked questions
Basicfirst Learning is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Basicfirst Learning is a company under insolvency, formerly operating as a company based in Ranchi, Jharkhand, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 21 February 2019 and is registered under CIN U74999JH2019OPC012596. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Basicfirst Learning has 3 current directors:
- Randhir Kumar Priyadarshi - Director
- Pushpa Kumari - Nominee
- Sarika Jain - Irp/Rp/Liquidator
The latest financial statements of Basicfirst Learning on record with the MCA are for the year ended 31 March 2020. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Basicfirst Learning is U74999JH2019OPC012596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basicfirst Learning has 63 court cases on record: 63 filed against it. 27 are pending. Most are in the district courts.
Basicfirst Learning was incorporated on 21 February 2019. It is registered with the Registrar of Companies, Ranchi.
The peers of Basicfirst Learning by revenue are Navodaya Knowledge City Limited, Antilia Education Private Limited, Daffodils Study Abroad Private Limited, all in the Education industry (K12 and Higher Education), with the same principal business activity (higher education, technical & vocational education).
Sarika Jain was appointed as Irp/Rp/Liquidator on 14 Jan 2025. Pushpa Kumari was appointed as Nominee on 21 Feb 2019. Randhir Kumar Priyadarshi was appointed as Director on 21 Feb 2019.
Yes, Basicfirst Learning is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Basicfirst Learning can be reached through the website basicfirst.com. Its registered office is in Ranchi, Jharkhand, India.