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Better Democracy Private Limited
Better Democracy Private Limited - education in Lucknow, Uttar Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2021
₹1.08 Lakh
Latest filing
Net profit · FY 2021
₹5,619
Net margin 5.2%
EBITDA · FY 2021
₹6,032
EBITDA margin 5.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date
About Better Democracy Private Limited
Data last updated:
Better Democracy Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the corporate training and development segment of the education sector. It was incorporated on 03 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U93090UP2020PTC129030.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Murad Ali (Managing Director) and Majahar Ali Rashidi.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 587A/706 Gandhi Nagar Telibagh Near Jama Masjid, Lucknow, Uttar Pradesh, India – 226025.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.08 Lakh. For the same year it recorded a net profit of ₹5,619 (net margin 5.2%) and EBITDA of ₹6,032 (EBITDA margin 5.6%).
Better Democracy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0055364).
Company details
CIN U93090UP2020PTC129030
Registration Number 129030
Incorporation Date 03 June 2020
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-50-0055364
Recognitions & Rankings of Better Democracy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-50-0055364
Contact details
Better Democracy Private Limited's registered office is in Lucknow, Uttar Pradesh.
- Registered Address587A/706 Gandhi Nagar Telibagh Near Jama Masjid, Lucknow, Uttar Pradesh, India – 226025
- IndustryEducation, Corporate Training & Development
Comprehensive company report
Better Democracy 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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Business activity
The main business activity of Better Democracy is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Better Democracy Private Limited, buy the company report.
Financials of Better Democracy Private Limited
FY 2021 filings availableBetter Democracy Private Limited reported revenue of ₹1.08 Lakh for FY 2021.
Revenue · FY 2021
₹1.08 Lakh
Net profit · FY 2021
₹5,619 margin 5.2%
EBITDA · FY 2021
₹6,032 margin 5.6%
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹6,032 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹5,619 |
| 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 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.6% |
| Net Profit Margin | 5.2% |
| 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 Better Democracy Private Limited, buy the company report.
Board of directors of Better Democracy Private Limited
Better Democracy has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Majahar Ali Rashidi | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
| Murad Ali | Managing Director | 03 Jun 2020 | 6 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Better Democracy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Better Democracy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Better Democracy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Better Democracy Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Majahar Ali Rashidi was appointed as Director on 03 Jun 2020.
AGM
Better Democracy Private Limited last Annual general meeting of members was held on 31 Dec 2021 as per latest MCA records.
Filing
Better Democracy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Uttar Pradesh I.
Appointed
Majahar Ali Rashidi was appointed as Director.
Appointed
Murad Ali was appointed as Managing Director.
Incorporation
03 Jun 2020
Better Democracy Private Limited was registered on 03 Jun 2020 with Roc Uttar Pradesh I & aged 6 years 4 months as per MCA records.
Frequently asked questions
Better Democracy is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in corporate training and development, within the education industry. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U93090UP2020PTC129030.
Better Democracy has 2 current directors:
- Murad Ali - Managing Director
- Majahar Ali Rashidi - Director
The latest financial statements of Better Democracy on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Better Democracy is U93090UP2020PTC129030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Democracy was incorporated on 03 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Majahar Ali Rashidi was appointed as Director on 03 Jun 2020. Murad Ali was appointed as Managing Director on 03 Jun 2020.
Yes, Better Democracy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Better Democracy is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-50-0055364).
The registered office of Better Democracy is at 587A706 Gandhi Nagar Telibagh Near Jama Masjid, Lucknow, Uttar Pradesh, India – 226025.
Better Democracy operates in the education industry, in the corporate training and development segment.