Dollars Innovations Private Limited

Dollars Innovations Private Limited - education & learing in Tirupati, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U80302AP2022PTC122591 Incorporated 24 August 2022 ROC Vijayawada HQ Tirupati, Andhra Pradesh, India
Active Private Limited Company education and learing DPIIT Startup
Data last updated
Revenue · FY 2024
₹60,480
▲ 1% YoY
Net profit · FY 2024
₹19,040
Net margin 31.5%
EBITDA · FY 2024
₹1.18 Lakh
EBITDA margin 195.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Dollars Innovations Private Limited

Data last updated:

Dollars Innovations Private Limited is a private limited company based in Tirupati, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the other technical course in engineering segment of the education and learning sector. It was incorporated on 24 August 2022.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U80302AP2022PTC122591.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Sreekanth Babu Yerrajodu and Divakara Reddy Chamarapaku.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O C.Divakara Reddy Hall No 2 And 3 2nd Floor Pds Complex, Tirupati, Andhra Pradesh, India – 517501.

As per the financials filed for FY 2024, the company reported a revenue of ₹60,480, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹19,040 (net margin 31.5%) and EBITDA of ₹1.18 Lakh (EBITDA margin 195.5%).

Company details

CIN U80302AP2022PTC122591
Registration Number 122591
Incorporation Date 24 August 2022
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Dollars Innovations

DPIIT recognised startup Government of India
Startup India

Contact details

Dollars Innovations Private Limited's registered office is in Tirupati, Andhra Pradesh.

  • Registered Address
    C/O C.Divakara Reddy Hall No 2 And 3 2nd Floor Pds Complex, Tirupati, Andhra Pradesh, India – 517501
  • Industry
    Education & Learing, Other Technical Course In Engineering, Higher Education
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Business activity

The main business activity of Dollars Innovations is education. In detail, this covers primary & secondary education services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP1Primary & Secondary Education services

To see the full business activity and turnover split of Dollars Innovations Private Limited, buy the company report.

Financials of Dollars Innovations Private Limited

FY 2024 filings available

Dollars Innovations Private Limited reported revenue of ₹60,480 (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹60,480 ▲ 1%
Net profit · FY 2024
₹19,040 margin 31.5%
EBITDA · FY 2024
₹1.18 Lakh margin 195.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
EBITDA CAGR growth
1 year
▲ 536%

Revenue rose 1% in the latest year. EBITDA rose 536% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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₹1.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19,040
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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin195.5%
Net Profit Margin31.5%
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 Dollars Innovations Private Limited, buy the company report.

Board of directors of Dollars Innovations Private Limited

Dollars Innovations has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sreekanth Babu YerrajoduDirector24 Aug 20224 Years 2 MonthsCurrent
Divakara Reddy ChamarapakuDirector24 Aug 20224 Years 2 MonthsCurrent

Peer comparison

Dollars Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (primary & secondary education services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Agastya Research Foundation₹61,500 (FY 2024)Udaipur, Rajasthan, India
Trans Ocean Maritime and Educational Services Private Limited₹61,360 (FY 2018)5.0%Uttar Pradesh, India
Tamkin Almar'a Foundation₹61,000 (FY 2024)-57.0%Vijayawada, Andhra Pradesh, India
Amarchana Edu Private Limited₹60,900 (FY 2021)-96.0%Ghaziabad, Uttar Pradesh, India
Mohammad Ahmar Ahmad Foundation₹60,860 (FY 2025)-84.0%Patna, Bihar, India
Dollars Innovations Private Limitedthis company₹60,480 (FY 2024)₹19,04031.5%1.0%Tirupati, Andhra Pradesh, India
Iceberg Education Initiatives Private Limited₹60,000 (FY 2024)Kolkata, West Bengal, India
Kayhan Academy Private Limited₹60,000 (FY 2024)Thane, Maharashtra, India
Lama School (OPC) Private Limited₹60,000 (FY 2021)Bangalore, Karnataka, India
Raf Edu Tech (OPC) Private Limited₹59,650 (FY 2022)25.0%Palathara, Thattamala P.O, Kerala, India
River Valley Learning Centre Private Limited₹58,250 (FY 2024)-89.0%Begusarai, Bihar, India

To see the full peer comparison of Dollars Innovations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Dollars Innovations 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 Dollars Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Dollars Innovations Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Divakara Reddy Chamarapaku was appointed as Director on 24 Aug 2022.

AGM
Dollars Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dollars Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Appointed
Divakara Reddy Chamarapaku was appointed as Director.
Appointed
Sreekanth Babu Yerrajodu was appointed as Director.
Incorporation
24 Aug 2022
Dollars Innovations Private Limited was registered on 24 Aug 2022 with Roc Vijayawada & aged 4 years 2 months as per MCA records.

Frequently asked questions

Dollars Innovations is an active private limited company based in Tirupati, Andhra Pradesh, India. The company works in other technical course in engineering, within the education and learning industry. It was incorporated on 24 August 2022 (4+ years old) and is registered under CIN U80302AP2022PTC122591.

Dollars Innovations has 2 current directors:

The latest financial statements of Dollars Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.

The CIN (Corporate Identification Number) of Dollars Innovations is U80302AP2022PTC122591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dollars Innovations was incorporated on 24 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Dollars Innovations by revenue are Agastya Research Foundation, Trans Ocean Maritime and Educational Services Private Limited, Tamkin Almar'a Foundation, Amarchana Edu Private Limited, Mohammad Ahmar Ahmad Foundation and 5 more, all in the same principal business activity (primary & secondary education services).

Divakara Reddy Chamarapaku was appointed as Director on 24 Aug 2022. Sreekanth Babu Yerrajodu was appointed as Director on 24 Aug 2022.

Yes, Dollars Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Dollars Innovations is at CO C.Divakara Reddy Hall No 2 And 3 2nd Floor Pds Complex, Tirupati, Andhra Pradesh, India – 517501.

Dollars Innovations operates in the education and learning industry, in the other technical course in engineering segment.

Dollars Innovations can be reached at its registered office: CO C.Divakara Reddy Hall No 2 And 3 2nd Floor Pds Complex, Tirupati, Andhra Pradesh, India – 517501.