DPIIT recognised startup Government of India
Startup India
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 of Better Democracy Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address587A/706 Gandhi Nagar Telibagh Near Jama Masjid, Lucknow, Uttar Pradesh, India – 226025
- IndustryEducation, Corporate Training & Development
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Business Activity of Better Democracy Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Better Democracy Private Limited FY 2021 filings available
Better 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 of Better Democracy Private Limited
| 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 of Better Democracy Private Limited
| 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 | •••• |
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 Better Democracy are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Better Democracy Private Limited
Better Democracy Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eduplace Network Private Limited | ₹1.08 Lakh (FY 2023) | •••• | •••• | 35.0% | •••• | Kolkata, West Bengal, India |
| BSL Training Company Private Limited | ₹1.08 Lakh (FY 2019) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Gyananda Edutech Private Limited | ₹1.08 Lakh (FY 2024) | •••• | •••• | 892.0% | •••• | Mumbai, Maharashtra, India |
| Transform Foundation | ₹1.08 Lakh (FY 2023) | •••• | •••• | -97.0% | •••• | Gurgaon, Haryana, India |
| Jnandhara Foundation | ₹1.08 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Varanasi, Uttar Pradesh, India |
| Better Democracy Private Limited this company | ₹1.08 Lakh (FY 2021) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Rise India Education Solutions Private Limited | ₹1.07 Lakh (FY 2022) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Irritatedaddy Social Welfare Foundation | ₹1.06 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Swadeshispot Ecommerce Private Limited | ₹1.06 Lakh (FY 2024) | •••• | •••• | •••• | Chengannur, Kerala, India | |
| Bluebell Research Initiatives Private Limited | ₹1.06 Lakh (FY 2020) | •••• | •••• | -82.0% | •••• | Kolkata, West Bengal, India |
| Corporate Training & Development Institute Private Limited | ₹1.05 Lakh (FY 2025) | •••• | •••• | 1071.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Better Democracy by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Better Democracy Private Limited
Better Democracy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Better Democracy Private Limited
Employment history and EPFO contributions of people linked to Better Democracy.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Better Democracy Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Better Democracy Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Better Democracy Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Better Democracy Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Better Democracy Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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MCA Filings & Documents of Better Democracy Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Better Democracy Private Limited
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 reported revenue of ₹1.08 Lakh for FY 2021.
Better Democracy has 2 current directors:
- Murad Ali - Managing Director
- Majahar Ali Rashidi - Director
Better Democracy reported a net profit of ₹5,619 (net margin 5.2%) and EBITDA of ₹6,032 (EBITDA margin 5.6%) for FY 2021, as per its filed financial statements.
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.
The peers of Better Democracy by revenue are Eduplace Network Private Limited, BSL Training Company Private Limited, Gyananda Edutech Private Limited, Transform Foundation, Jnandhara Foundation and 5 more, all in the Education industry (Corporate and Commercial Training).
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.