MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-05-0003452
Bhulkasagar Education Foundation
Bhulkasagar Education Foundation - education & learing in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.72 Cr
▲ 19% YoY
Net profit · FY 2024
₹8.19 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹1.37 Cr
EBITDA margin 28.9%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹2.23 Cr
Issued & subscribed
Open charges
₹5.97 Cr
Satisfied ₹4 Cr
Company age
11 yrs
Est. 2015
Directors on board
5
As per MCA filings
About Bhulkasagar Education Foundation
Data last updated:
Bhulkasagar Education Foundation is a private not for profit company based in Bhavnagar, Gujarat, India. It operates in the primary and secondary education segment of the education and learning sector. It was incorporated on 08 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80300GJ2015NPL085296.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.23 Cr. It is led by directors including Bhavesh Chhaganbhai Kalasariya and Trambakbhai Bhagvanbhai Vaniya.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 63 Gamtal Village Umaniayvadar Ta. Mahuva, Bhavnagar, Gujarat, India – 364290.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.72 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹8.19 Lakh (net margin 1.7%) and EBITDA of ₹1.37 Cr (EBITDA margin 28.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹5.97 Cr and satisfied charges of ₹4 Cr on record. Court records list 22 cases involving the company, including 22 filed against it; 2 cases are pending.
Bhulkasagar Education Foundation is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0003452). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U80300GJ2015NPL085296
Registration Number 085296
Incorporation Date 08 December 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-05-0003452
Key People
Bhavesh Chhaganbhai Kalasariya Director Trambakbhai Bhagvanbhai Vaniya Director Gopal Bhayabhai Kavad Director Recognitions & Rankings of Bhulkasagar Education Foundation
Contact details
Bhulkasagar Education Foundation's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 63 Gamtal Village Umaniayvadar Ta. Mahuva, Bhavnagar, Gujarat, India – 364290
- IndustryEducation & Learing, Primary & Secondary Education
To see the full contact details of Bhulkasagar Education Foundation, buy the company report.
Comprehensive company report
Bhulkasagar Education Foundation - 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 Bhulkasagar Education Foundation is education. In detail, this covers primary & secondary education services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services |
To see the full business activity and turnover split of Bhulkasagar Education Foundation, buy the company report.
Financials of Bhulkasagar Education Foundation
FY 2025 filings availableBhulkasagar Education Foundation reported revenue of ₹4.72 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹4.72 Cr ▲ 19%
Net profit · FY 2024
₹8.19 Lakh margin 1.7%
EBITDA · FY 2024
₹1.37 Cr margin 28.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 5%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 19% growth in the latest year. EBITDA rose 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹8.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 28.9% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Bhulkasagar Education Foundation, buy the company report.
Board of directors of Bhulkasagar Education Foundation
Bhulkasagar Education Foundation has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Chhaganbhai Kalasariya Also directs: Mahuva Healthcare Foundation | Director | 08 Dec 2015 | 10 Years 10 Months | Current |
| Trambakbhai Bhagvanbhai Vaniya | Director | 08 Dec 2015 | 10 Years 10 Months | Current |
| Gopal Bhayabhai Kavad | Director | 08 Dec 2015 | 10 Years 10 Months | Current |
| Vipulbhai Manubhai Hadiya | Director | 14 Nov 2017 | 8 Years 11 Months | Current |
| Shailesh Ratilal Waghela Also directs: Mahuva Healthcare Foundation | Director | 04 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Bhulkasagar Education Foundation is audited by GAUDANI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAUDANI ASSOCIATES | FY 2023 | 102488 |
Shareholding
The shareholding of Bhulkasagar Education Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhulkasagar Education Foundation, buy the company report.
Charges & borrowings
Open charges
₹5.97 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2020 | 100358765 | Others | ₹97.11 Lakh | Open | |
| 09 Oct 2019 | 100295406 | Others | ₹5 Cr | Open | |
| 05 Jun 2017 | 100110484 | State Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Bhulkasagar Education Foundation, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bhulkasagar Education Foundation has 22 court cases on record: 22 filed against it. 2 cases are pending and 20 are disposed.
Total cases
22
Filed against the company
22
Pending
2
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 2 |
Cases on record (3 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Profectus Capital Ltd | Pending |
To see the full case history of Bhulkasagar Education Foundation, 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 Bhulkasagar Education Foundation; 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 Bhulkasagar Education Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhulkasagar Education Foundation has 7 board changes on record since 2015: 5 appointments and 2 cessations. The latest: Shailesh Ratilal Waghela was appointed as Director on 04 Feb 2022.
AGM
Bhulkasagar Education Foundation last Annual general meeting of members was held on 13 Sep 2025 as per latest MCA records.
Filing
Bhulkasagar Education Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Shailesh Ratilal Waghela was appointed as Director.
Ceased
Manishaben Gunvantbhai Hadiya ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.97 Cr with Charge ID 100358765 was registered on 16 Jul 2020.
Ceased
Manubhai Patabhai Hadiya ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100295406 was registered on 09 Oct 2019.
Charges
A charge registered on 05 Jun 2017 via Charge ID 100110484 with State Bank Of India was fully satisfied on 05 Oct 2019.
Appointed
Vipulbhai Manubhai Hadiya was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100110484 was registered on 05 Jun 2017.
Appointed
Bhavesh Chhaganbhai Kalasariya was appointed as Director.
Appointed
Gopal Bhayabhai Kavad was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Bhulkasagar Education Foundation is an active private not for profit company based in Bhavnagar, Gujarat, India. The company works in primary and secondary education, within the education and learning industry. It was incorporated on 08 December 2015 (11+ years old) and is registered under CIN U80300GJ2015NPL085296.
Bhulkasagar Education Foundation has 5 current directors:
- Bhavesh Chhaganbhai Kalasariya - Director
- Trambakbhai Bhagvanbhai Vaniya - Director
- Gopal Bhayabhai Kavad - Director
- Vipulbhai Manubhai Hadiya - Director
- Shailesh Ratilal Waghela - Director
The latest financial statements of Bhulkasagar Education Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Bhulkasagar Education Foundation is U80300GJ2015NPL085296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhulkasagar Education Foundation has 22 court cases on record: 22 filed against it. 2 are pending.
Bhulkasagar Education Foundation was incorporated on 08 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shailesh Ratilal Waghela was appointed as Director on 04 Feb 2022. Manishaben Gunvantbhai Hadiya ceased to be Director on 09 Dec 2021. Manubhai Patabhai Hadiya ceased to be Director on 16 Mar 2020. Bhulkasagar Education Foundation has 7 board changes on record in total.
Yes, Bhulkasagar Education Foundation is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0003452).
The registered office of Bhulkasagar Education Foundation is at Plot No. 63 Gamtal Village Umaniayvadar Ta. Mahuva, Bhavnagar, Gujarat, India – 364290.
Bhulkasagar Education Foundation operates in the education and learning industry, in the primary and secondary education segment.