- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0032578

About Classklap Private Limited
Data last updated:
Classklap Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the business support services segment of the business services sector. It was incorporated on 12 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93000PB2009PTC054618. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7.95 Cr and a paid-up capital of ₹5.02 Cr. It was formerly known as Bgm Policy Innovations Private Limited. It is led by directors Naveen Mandava and Varun Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F428 Phase 8B Sector 91 Industrial Area, Mohali, Punjab, India – 160062.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.23 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Cr (net margin -3.1%) and EBITDA of ₹3.81 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 132 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Xamcheck, IMAX Program and ClassKlap. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹30 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 6 cases are pending. The company has 11 deals on record (4 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹132.04 Cr; the latest was in September 2021. The company has 7 MSME Form 1 returns on record between 2018 and 2023, listing 217 overdue payments to 19 micro and small suppliers.
Classklap Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0032578). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classklap.com.
Company details
Name history
Classklap has undergone 2 name changes throughout its history. The company was previously known as Classklap Private Limited, and Bgm Policy Innovations Private Limited. The current legal name is Classklap Private Limited.
| Company Name | Status |
|---|---|
| Classklap Private Limited | Current |
| Bgm Policy Innovations Private Limited | Previous |
CIN history
Classklap has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U93000PB2009PTC054618, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000PB2009PTC054618 | Current |
| U93000TG2009PTC064718 | Previous |
| U93000AP2009PTC064718 | Previous |
Recognitions & Rankings of Classklap
Contact details
Classklap Private Limited's registered office is in Mohali, Punjab. Its website is classklap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF428 Phase 8B Sector 91 Industrial Area, Mohali, Punjab, India – 160062
- IndustryBusiness Services, Business Support Services
To see the full contact details of Classklap 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
Brands
Classklap operates multiple associated brands including Xamcheck, IMAX Program, and ClassKlap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides third-party exam services to schools for reliable and independent assessments. | xamcheck.com | |
| Personalized learning materials and tools are provided to schools. | imaxprogram.com | |
| Personalized learning curriculum and apps are provided for schools. | classklap.com |
Financials of Classklap Private Limited
FY 2023 filings availableClassklap Private Limited reported revenue of ₹39.23 Cr (up 80% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 80% growth in the latest year. EBITDA rose 164% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹39.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.23 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | -3.1% | ||||
| 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 Classklap Private Limited, buy the company report.
Board of directors of Classklap Private Limited
Classklap has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Mandava | Director | 12 Aug 2009 | 17 Years 2 Months | Current |
| Varun Kumar | Director | 01 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Classklap Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Classklap Private Limited 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Classklap Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2020 | 100386399 | Others | ₹1.5 Cr | Open | |
| 06 Nov 2020 | 100391691 | Others | ₹9 Cr | Satisfied | |
| 23 Oct 2020 | 100387395 | Others | ₹6 Cr | Satisfied | |
| 16 Sep 2019 | 100293468 | Others | ₹10 Cr | Satisfied | |
| 03 Jul 2018 | 100198438 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Classklap Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Classklap Private Limited has 11 deals on record (4 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹132.04 Cr; the latest was in September 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Acquisition | ₹139.84 Cr | Buyer: Proficiency Learning Solutions Private Limited |
| Oct 2020 | Debt financing | ₹6 Cr | Investors: Blacksoil Group |
| Mar 2017 | Funding round · Series A | ₹5 Cr | Investors: Lightrock India (LGT Lightstone Aspada) |
| Aug 2016 | Funding round · Series A | ₹15 Cr | Investors: Lightrock India (LGT Lightstone Aspada) |
| Nov 2015 | Funding round · Series A | ₹24 Cr | Investors: Lightrock India (LGT Lightstone Aspada), an individual |
To see the full deal history of Classklap Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Classklap Private Limited has 17 court cases on record: 11 filed by Classklap, 6 filed against it. 6 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 5 |
| High courts | 5 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Box Depot Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Sap Print Solutions Pvt Ltd | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by DTDC Express Ltd | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against M/S. Bemax Educational Solutions Pvt. Ltd and 4 others | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by Inland World Logistics Pvt. Ltd | Disposed |
To see the full case history of Classklap 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
Classklap Private Limited has 7 MSME Form 1 returns on record between 2018 and 2023, listing 217 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tara Art Printers Private Limited | |||
| Tan Prints (India) Private Limited | |||
| Shree Maitrey Printech Private Limited | |||
| Swan Press | |||
| an individual supplier |
To see the full MSME payment records of Classklap Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Classklap Private Limited has a workforce of 132 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Classklap has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Classklap Private Limited, buy the company report.
Recent activity
Classklap Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Kartik Srivatsa ceased to be Director on 20 Apr 2020.
7 earlier events are in the company report.
News
Frequently asked questions
Classklap is an active private limited company based in Mohali, Punjab, India. The company works in business support services, within the business services industry. It was incorporated on 12 August 2009 (17+ years old) and is registered under CIN U93000PB2009PTC054618.
Classklap has 2 current directors:
- Naveen Mandava - Director
- Varun Kumar - Director
The latest financial statements of Classklap on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Classklap has 7 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Classklap is U93000PB2009PTC054618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classklap has 17 court cases on record: 11 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
Classklap was incorporated on 12 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
Classklap has 11 deals on record (4 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹132.04 Cr; the latest was in September 2021.
Kartik Srivatsa ceased to be Director on 20 Apr 2020. Gautam Samuel Bastian ceased to be Director on 28 Nov 2013. Sudarshan Alwarthirunagari Gopalan ceased to be Director on 28 Nov 2013. Classklap has 6 board changes on record in total.
Yes, Classklap is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0032578).
Classklap has 7 MSME Form 1 returns on record between 2018 and 2023, listing 217 overdue payments to 19 micro and small suppliers. The latest return was filed on 31 Aug 2023.