About Bil- Ryerson Technology Startup Incubator Foundation
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Bil- Ryerson Technology Startup Incubator Foundation is a private not for profit company based in Mumbai, Maharashtra, India, a subsidiary of Bse Institute Limited. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 05 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2015NPL269911.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kaushal Daxesh Mehta and Shailesh Shantilal Jain.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18th Floor P J Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.1 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹20.51 Lakh (net margin -289%) and EBITDA of -₹18.01 Lakh (EBITDA margin -253.8%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 55% over five years.
The company is associated with 2 brands: Capital Connexion and Brtsif.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brtsif.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address18th Floor P J Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
- One PDF report, delivered after checkout
Business Activity of Bil- Ryerson Technology Startup Incubator Foundation
The main business activity of Bil- Ryerson Technology Startup Incubator Foundation 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 |
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 Bil- Ryerson Technology Startup Incubator Foundation FY 2025 filings available
Bil- Ryerson Technology Startup Incubator Foundation reported revenue of ₹7.1 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bil- Ryerson Technology Startup Incubator Foundation
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 95% fall in the latest year. EBITDA rose 34% 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 Bil- Ryerson Technology Startup Incubator Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | 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 | -₹18.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.51 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 | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bil- Ryerson Technology Startup Incubator Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -253.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -289% | •••• | •••• | •••• | •••• |
| 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 Bil- Ryerson Technology Startup Incubator Foundation are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kundan Services and Consultancy Private Limited | ₹7.12 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Hies Global Consultancy Private Limited | ₹7.12 Lakh (FY 2021) | •••• | •••• | -63.0% | •••• | Anand, Gujarat, India |
| Singla E Services Private Limited | ₹7.12 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Patiala, Punjab, India |
| Norcal IT Private Limited | ₹7.11 Lakh (FY 2020) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Lumen Renewable Energies Private Limited | ₹7.1 Lakh (FY 2025) | •••• | •••• | 1290.0% | •••• | Mumbai, Maharashtra, India |
| Bil- Ryerson Technology Startup Incubator Foundation this company | ₹7.1 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Aashiana Apartments Private Limited | ₹7.1 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Drishya Education Scholarship Foundation | ₹7.1 Lakh (FY 2025) | •••• | •••• | 76.0% | •••• | New Delhi, Delhi, India |
| Lumifab Engineering Private Limited | ₹7.09 Lakh (FY 2025) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| DH Sarjak Concepts and Promotions Private Limited | ₹7.09 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Ara Trusteeship Company Private Limited | ₹7.09 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bil- Ryerson Technology Startup Incubator Foundation by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation is audited by DALAL DOCTOR & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DALAL DOCTOR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Daxesh Mehta Also directs: BSE E-Agricultural Markets Limited, Ebix Insurance Broking Private Limited, BSE Administration & Supervision Limited and 2 more | Director | 05 Jun 2025 | 1 Years 4 Months | Current |
| Shailesh Shantilal Jain Also directs: Bil-Ryerson Futures Private Limited | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Deepak Goel Also directs: Ebix Insurance Broking Private Limited, Bil-Ryerson Futures Private Limited, BSE CSR Integrated Foundation and 5 more | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Bil- Ryerson Technology Startup Incubator Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation operates two associated brands: Capital Connexion and BRTSIF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a comprehensive fundraising platform for businesses and organizations. | capitalconnexion.zone | |
| Offers comprehensive consulting services for startups. | brtsif.com |
Employees and EPFO Compliance at Bil- Ryerson Technology Startup Incubator Foundation
Employment history and EPFO contributions of people linked to Bil- Ryerson Technology Startup Incubator Foundation.
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 Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation has 18 board changes on record since 2018: 5 appointments and 13 cessations. The latest: Kaushal Daxesh Mehta ceased to be Additional Director on 03 Sep 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bil- Ryerson Technology Startup Incubator Foundation
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 Bil- Ryerson Technology Startup Incubator Foundation
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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bil- Ryerson Technology Startup Incubator Foundation
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
Verified entity values are shown only after access is granted.
GST Compliance of Bil- Ryerson Technology Startup Incubator Foundation
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
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MCA Filings & Documents of Bil- Ryerson Technology Startup Incubator Foundation
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.
Related news about Bil- Ryerson Technology Startup Incubator Foundation
Frequently Asked Questions about Bil- Ryerson Technology Startup Incubator Foundation
Bil- Ryerson Technology Startup Incubator Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 05 November 2015 (11+ years old) and is registered under CIN U80904MH2015NPL269911.
Bil- Ryerson Technology Startup Incubator Foundation reported revenue of ₹7.1 Lakh for FY 2025 (down 95% YoY).
Bil- Ryerson Technology Startup Incubator Foundation has 3 current directors:
- Kaushal Daxesh Mehta - Director
- Shailesh Shantilal Jain - Director
- Deepak Goel - Director
Bil- Ryerson Technology Startup Incubator Foundation reported a net loss of ₹20.51 Lakh (net margin -289%) and EBITDA of -₹18.01 Lakh (EBITDA margin -253.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bil- Ryerson Technology Startup Incubator Foundation is -72% over three years and -55% over five years. In the latest year (FY 2025) revenue fell 95%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Bil- Ryerson Technology Startup Incubator Foundation is U80904MH2015NPL269911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bil- Ryerson Technology Startup Incubator Foundation was incorporated on 05 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bil- Ryerson Technology Startup Incubator Foundation by revenue are Kundan Services and Consultancy Private Limited, Hies Global Consultancy Private Limited, Singla E Services Private Limited, Norcal IT Private Limited, Lumen Renewable Energies Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Kaushal Daxesh Mehta ceased to be Additional Director on 03 Sep 2025. Kaushal Daxesh Mehta was appointed as Director on 05 Jun 2025. Deepak Goel ceased to be Additional Director on 19 Aug 2024. Bil- Ryerson Technology Startup Incubator Foundation has 18 board changes on record in total.
Bil- Ryerson Technology Startup Incubator Foundation can be reached through the website brtsif.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bil- Ryerson Technology Startup Incubator Foundation is at 18th Floor P J Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001.