Beehive Education Private Limited

Beehive Education Private Limited - education in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U80904MH2011PTC212200 Incorporated 11 January 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company education
Data last updated
Revenue · FY 2020
₹3.76 Cr
▲ 2% YoY
Net profit · FY 2020
₹1.42 Cr
Net margin 37.7%
EBITDA · FY 2020
₹3.63 Cr
EBITDA margin 96.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Satisfied charges
₹44.6 Cr
No open charges
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Beehive Education Private Limited

Data last updated:

Beehive Education Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of One Education Initiatives 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 corporate training and development segment of the education sector. It was incorporated on 11 January 2011.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2011PTC212200. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was led by directors Nishant Maheshkumar Garodia and Kunal Nalin Naik.

Its last annual general meeting (AGM) was held on 07 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No.153 Cts No. 195/123 Garodia Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400077.

As per the financials filed for FY 2020, the company reported a revenue of ₹3.76 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 37.7%) and EBITDA of ₹3.63 Cr (EBITDA margin 96.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.

As per MCA filings, the company had satisfied charges of ₹44.6 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in August 2015. Its 10 peer companies in the Education industry (Corporate and Commercial Training, Education) are compared by revenue, 5 larger and 5 smaller; the largest is Exergic Education Private Limited.

Company Details of Beehive Education Private Limited
CIN U80904MH2011PTC212200
Registration Number 212200
Incorporation Date 11 January 2011
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 07 October 2020
Date of Balance Sheet 31 March 2020
Parent Company One Education Initiatives Private Limited
Compliance Status Active Compliant
Key People
Nishant Maheshkumar Garodia Director Kunal Nalin Naik Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.153 Cts No. 195/123 Garodia Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400077
  • Industry
    Education, Corporate Training & Development
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Financials, compliance, directors, charges, ownership and filings for Beehive Education Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Beehive Education Private Limited

The business activities of Beehive Education are registered with the MCA. The activity codes are listed below.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LockedLockedP4LockedLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Beehive Education Private Limited FY 2020 filings available

Beehive Education Private Limited reported revenue of ₹3.76 Cr (up 2% YoY) for FY 2020.

Revenue · FY 2020
₹3.76 Cr ▲ 2%
Net profit · FY 2020
₹1.42 Cr margin 37.7%
EBITDA · FY 2020
₹3.63 Cr margin 96.5%

Compounded Annual Growth Rate (CAGR) of Beehive Education Private Limited

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 9%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 2% growth in the latest year. EBITDA rose 23% 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 Beehive Education Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹3.76 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹3.63 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.42 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 of Beehive Education Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin96.5%••••••••••••••••
Net Profit Margin37.7%••••••••••••••••
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 Beehive Education are in the company report.

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Financial statements from 2015

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Peer Comparison of Beehive Education Private Limited

Beehive Education Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Exergic Education Private Limited••••••••••••••••-Bangalore South, Karnataka, India
Profinz Edu-Care Private Limited••••••••••••••••-Thrissur, Kerala, India
Brainstorm Consulting Private Limited••••••••••••••••-Devanahalli, Karnataka, India
Vantage Knowledge Academy Limited••••••••••••••••-Mumbai, Maharashtra, India
7 Hexagon Tech Labs Private Limited••••••••••••••••-New Delhi, Delhi, India
Beehive Education Private Limited this company••••••••••••••••-Mumbai, Maharashtra, India
Reimagining India Eduinnovations Private Limited••••••••••••••••-Bangalore North, Karnataka, India
Ved Dhara Education••••••••••••••••-Nadaun, Himachal Pradesh, India
Asg Technologies Private Limited••••••••••••••••-Delhi, India
Olive Ideas Lab Private Limited••••••••••••••••-Hyderabad, Telangana, India
TN Apex Skill Development Centre for Logistics••••••••••••••••-Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Beehive Education by revenue in the Education industry (Corporate and Commercial Training, Education), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Beehive Education Private Limited

Beehive Education Private Limited is audited by H B ASHRA & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
H B ASHRA & COLockedLockedLocked
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Board of Directors of Beehive Education Private Limited

Beehive Education has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Nishant Maheshkumar Garodia
Also directs: Garodia Sons Private Limited, One Education Initiatives Private Limited
Director15 Dec 201510 Years 9 MonthsAs last reported
Kunal Nalin Naik
Also directs: Educo Multitrade Services LLP
Director11 Jan 201115 Years 8 MonthsAs last reported
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Ownership and Shareholding of Beehive Education Private Limited

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Charges & Borrowings of Beehive Education Private Limited

Open charges
None
Satisfied charges
₹44.6 Cr
Breakdown by lending institutions
Syndicate Bank₹44.60 Cr
Latest charge details
DateLenderAmountStatus
24 Oct 2017Syndicate Bank₹10 CrSatisfied
29 Sep 2015Syndicate Bank₹34.6 CrSatisfied

Total charge records: 2 View all charges

Deals & Funding of Beehive Education Private Limited

Beehive Education Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in August 2015.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Aug 2015Secondary share transferUndisclosedBuyer: One Education Initiatives Private Limited
Seller: 2 individuals
Mar 2015Rights issue₹14 LakhInvestors: One Education Initiatives Private Limited
Feb 2015Secondary share transferUndisclosedBuyer: One Education Initiatives Private Limited
Seller: 2 individuals
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Employees and EPFO Compliance at Beehive Education Private Limited

Employment history and EPFO contributions of people linked to Beehive Education.

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Employee and EPFO history

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Recent Activity on Beehive Education Private Limited

Beehive Education Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Nishant Maheshkumar Garodia ceased to be Additional Director on 30 Sep 2016.

AGM
Beehive Education Private Limited last Annual general meeting of members was held on 07 Oct 2020 as per latest MCA records.
Filing
Beehive Education Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Charges
A charge registered on 24 Oct 2017 via Charge ID 100163493 with Syndicate Bank was fully satisfied on 06 Oct 2018.
Charges
A charge registered on 29 Sep 2015 via Charge ID 10598214 with Syndicate Bank was fully satisfied on 04 Oct 2018.
Charges
A charge with Syndicate Bank amounted to Rs. 1,000.00 Lakh with Charge ID 100163493 was registered on 24 Oct 2017.
Ceased
Nishant Maheshkumar Garodia ceased to be Additional Director.
Appointed
Nishant Maheshkumar Garodia was appointed as Director.
Ceased
Prakash Pandurang Jadhav ceased to be Director.
Charges
A charge with Syndicate Bank amounted to Rs. 3,460.00 Lakh with Charge ID 10598214 was registered on 29 Sep 2015.
Appointed
Kunal Nalin Naik was appointed as Director.
Incorporation
11 Jan 2011
Beehive Education Private Limited was registered on 11 Jan 2011 with Roc Mumbai & aged 15 years 8 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Beehive Education Private Limited

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MSME Payment Delays by Beehive Education Private Limited

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Subsidiaries & Group Companies of Beehive Education Private Limited

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GST Compliance of Beehive Education Private Limited

Beehive Education has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Beehive Education Private Limited

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Frequently Asked Questions about Beehive Education Private Limited

Beehive Education 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.

Beehive Education was a private limited company based in Mumbai, Maharashtra, India. The company worked in corporate training and development, within the education industry. It was incorporated on 11 January 2011 and is registered under CIN U80904MH2011PTC212200. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Beehive Education was incorporated on 11 January 2011. It is registered with the Registrar of Companies, Mumbai.

Beehive Education had 2 directors:

The CIN (Corporate Identification Number) of Beehive Education is U80904MH2011PTC212200. 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 Beehive Education is at Plot No.153 Cts No. 195123 Garodia Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400077.

Beehive Education reported revenue of ₹3.76 Cr for FY 2020 (up 2% YoY).

Beehive Education has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.

Beehive Education reported a net profit of ₹1.42 Cr (net margin 37.7%) and EBITDA of ₹3.63 Cr (EBITDA margin 96.5%) for FY 2020, as per its filed financial statements.

No. Beehive Education has 1 GST registration on record and it is cancelled or inactive.

Beehive Education operated in the education industry, in the corporate training and development segment.

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