About Best First Step Education Private Limited
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Best First Step Education Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 29 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U80221WB2009PTC135505. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43.42 Lakh. It is led by directors Aditya Baran Mallik and Harpreet Kaur.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat Nos 2E & 2F Of Shyamkunj Premises 2nd Floor Lord Sinha Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.1 Lakh (net margin 4.9%) and EBITDA of ₹68.16 Lakh (EBITDA margin 27.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website iqst.in.
Company details
Contact details
Best First Step Education Private Limited's registered office is in Kolkata, West Bengal. Its website is iqst.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat Nos 2E & 2F Of Shyamkunj Premises 2nd Floor Lord Sinha Road, Kolkata, West Bengal, India – 700071
- IndustryEducation, Vocational & Skill Development Training, Corporate Training & Development
To see the full contact details of Best First Step Education 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
Business activity
The main business activity of Best First Step Education 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 Best First Step Education Private Limited, buy the company report.
Financials of Best First Step Education Private Limited
FY 2018 filings availableBest First Step Education Private Limited reported revenue of ₹2.46 Cr (up 267% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 267% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 118% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.46 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹68.16 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.1 Lakh | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 27.7% | |||
| Net Profit Margin | 4.9% | |||
| 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 | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Best First Step Education Private Limited, buy the company report.
Board of directors of Best First Step Education Private Limited
Best First Step Education has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Baran Mallik | Director | 15 Jun 2009 | 17 Years 4 Months | Current |
| Harpreet Kaur | Additional Director | 25 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Best First Step Education Private Limited is audited by ATISH AGRAWAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATISH AGRAWAL & ASSOCIATES | FY 2018 | 329103E |
Shareholding
The shareholding of Best First Step Education Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Best First Step Education Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2013 | 10467395 | National Skill Development Corporation | ₹6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Best First Step Education Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (EC-COM) | Filed against the company by National Skill Development Corporation Srivastava and Company | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by National Skill Development Corporation | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Best First Step Education 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 Best First Step Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Best First Step Education Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Best First Step Education has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Best First Step Education Private Limited, buy the company report.
Recent activity
Best First Step Education Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Harpreet Kaur was appointed as Additional Director on 25 Jan 2020.
2 earlier events are in the company report.
Frequently asked questions
Best First Step Education is an active private limited company based in Kolkata, West Bengal, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 29 May 2009 (17+ years old) and is registered under CIN U80221WB2009PTC135505.
Best First Step Education has 2 current directors:
- Aditya Baran Mallik - Director
- Harpreet Kaur - Additional Director
The latest financial statements of Best First Step Education on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Best First Step Education has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Best First Step Education is U80221WB2009PTC135505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best First Step Education has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the high courts.
Best First Step Education was incorporated on 29 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Harpreet Kaur was appointed as Additional Director on 25 Jan 2020. Swarup Ghosh ceased to be Director on 06 Sep 2019. Arup Ghosh ceased to be Director on 25 Apr 2015. Best First Step Education has 10 board changes on record in total.
Best First Step Education can be reached through the website iqst.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Best First Step Education is at Flat Nos 2E & 2F Of Shyamkunj Premises 2nd Floor Lord Sinha Road, Kolkata, West Bengal, India – 700071.
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