MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0155437
Educational Initiatives Private Limited - education in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹158.65 Cr
▲ 2% YoY
Net profit · FY 2026
₹7.99 Cr
Net margin 5%
EBITDA · FY 2026
₹19.18 Cr
EBITDA margin 12.1%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.03 Cr
Issued & subscribed
Open charges
₹30 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Employees · EPFO
396
Provident fund records
About Educational Initiatives Private Limited
Data last updated:
Educational Initiatives Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Gaja Capital Fund Ii Limited. It operates in the preschools segment of the education sector. It was incorporated on 22 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80211GJ2000PTC038692. Its GSTIN is 24AAACE9834B1ZY (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors including Sridhar Rajagopalan and Srinivasan Raghavan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The First Building Corporate House A2 1 Stfloor Nyay Marg Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2026, the company reported a revenue of ₹158.65 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.99 Cr (net margin 5%) and EBITDA of ₹19.18 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 25% over five years.
The company has about 396 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Ei, Ei Mindspark and Educational Initiatives. As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 26 deals on record (19 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹212.3 Cr; the latest was in March 2024. Its 5 peer companies in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 3 smaller; the largest is Buddy4study India Foundation with revenue of ₹164.6 Cr.
Educational Initiatives Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0155437). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ei-india.com.
Company details
CIN U80211GJ2000PTC038692
Registration Number 038692
Incorporation Date 22 September 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Gaja Capital Fund Ii Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0155437
Recognitions & Rankings of Educational Initiatives
Contact details
Educational Initiatives Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ei-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe First Building Corporate House A2 1 Stfloor Nyay Marg Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryEducation, Preschools, eLearning & Digital Education, K-12 & Higher Education Institutions
To see the full contact details of Educational Initiatives Private Limited, buy the company report.
Comprehensive company report
Educational Initiatives Private Limited - 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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Brands
Educational Initiatives operates multiple associated brands including Ei, Ei Mindspark, and Educational Initiatives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud and app-based adaptive learning tools are offered for students. | mindspark.in | |
| Online platform providing learning solutions for school students | ei.study | |
| Educational technology solutions for assessments and adaptive learning tools in the edtech sector. | ei-india.com |
Financials of Educational Initiatives Private Limited
FY 2025 filings availableEducational Initiatives Private Limited reported revenue of ₹158.65 Cr (up 2% YoY) for FY 2026.
Revenue · FY 2026
₹158.65 Cr ▲ 2%
Net profit · FY 2026
₹7.99 Cr margin 5%
EBITDA · FY 2026
₹19.18 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 16%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 17%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 2% growth in the latest year. EBITDA fell 30% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||||
| EBITDA | ₹19.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.99 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Educational Initiatives Private Limited, buy the company report.
Board of directors of Educational Initiatives Private Limited
Educational Initiatives has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Rajagopalan | Director | 22 Sep 2000 | 26 Years 1 Months | Current |
| Srinivasan Raghavan | Director | 12 Aug 2016 | 10 Years 2 Months | Current |
| Gopal Jain Also directs: Bakers Circle (India) Pvt Ltd, Shivani Mercantile Private Limited, Gaja Alternative Asset Management Limited and 4 more | Director | 26 Jul 2018 | 8 Years 3 Months | Current |
| David Saul Levin | Director | 23 Dec 2022 | 3 Years 10 Months | Current |
| Pranav Deepakkumar Kothari Also directs: Uday Impex Ltd, Thinkfirst Education Private Limited | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Imran Jafar Also directs: Gaja Alternative Asset Management Limited, Marketxpander Services Private Limited, Thinkfirst Education Private Limited and 5 more | Director | 26 Jul 2018 | 8 Years 3 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Educational Initiatives Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Buddy4study India Foundation | ₹164.6 Cr (FY 2025) | 60.0% | New Delhi, Delhi, India | |||
| Educational Initiatives Private Limitedthis company | ₹158.65 Cr (FY 2026) | ₹7.99 Cr | 5% | 2.0% | 396 | Ahmedabad, Gujarat, India |
| Idp Education Exam Services Private Limited | ₹157.78 Cr (FY 2022) | -23.0% | Delhi, India | |||
| Valeur Fabtex Private Limited | ₹151.29 Cr (FY 2025) | 46.0% | Gmc, Assam, India | |||
| Coeus Education Management Private Limited | ₹148.33 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Talentsprint Private Limited | ₹137.74 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Educational Initiatives Private Limited, buy the company report.
Auditor
Educational Initiatives Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Educational Initiatives 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 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 Educational Initiatives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101168503 | Others | ₹30 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Educational Initiatives Private Limited has 26 deals on record (19 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹212.3 Cr; the latest was in March 2024.
Total deals
26
Secondary share transfers
19
Funding rounds
5
Rights issue
1
Acquisition
1
Disclosed funding
₹212.3 Cr
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Funding round | ₹35 Cr | Investors: Gaja Capital |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Gaja Capital Seller: 2 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Shivasaran Enterprises & Advisory LLP , an individual Seller: 2 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Shivasaran Enterprises & Advisory LLP Seller: an individual |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Shivasaran Enterprises & Advisory LLP Seller: an individual |
To see the full deal history of Educational Initiatives 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
Educational Initiatives Private Limited has 2 court cases on record: 1 filed by Educational Initiatives, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Aditya Birla Finance Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 5 others | Disposed |
To see the full case history of Educational Initiatives 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
No delayed payments to MSME suppliers are on our record for Educational Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Educational Initiatives Private Limited has a workforce of 396 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
396
Active EPFO establishments
1
Employee growth
7.61%
GST
Educational Initiatives has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE9834B1ZY | Gujarat | Active | 01 Jul 2017 |
| 29AAACE9834B1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Educational Initiatives Private Limited, buy the company report.
Recent activity
Educational Initiatives Private Limited has 20 board changes on record since 2000: 8 appointments and 12 cessations. The latest: Dheeraj Prasad Devata was appointed as Additional Director on 23 May 2025.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101168503 was registered on 30 Sep 2025.
AGM
Educational Initiatives Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Dheeraj Prasad Devata was appointed as Additional Director.
Filing
Educational Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Manoj Balan ceased to be Additional Director.
Appointed
Shikhar Neelkamal Malhotra was appointed as Director.
Ceased
Shikhar Neelkamal Malhotra ceased to be Additional Director.
Ceased
Himanshu Kanubhai Shah ceased to be Director.
Ceased
David Saul Levin ceased to be Additional Director.
Ceased
Sridhar Ganesan ceased to be Director.
Appointed
David Saul Levin was appointed as Director.
Ceased
Pranav Deepakkumar Kothari ceased to be Additional Director.
12 earlier events are in the company report.
News
Frequently asked questions
Educational Initiatives is an active private limited company based in Ahmedabad, Gujarat, India. The company works in preschools, within the education industry. It was incorporated on 22 September 2000 (26+ years old) and is registered under CIN U80211GJ2000PTC038692.
Educational Initiatives has 8 current directors:
- Sridhar Rajagopalan - Director
- Srinivasan Raghavan - Director
- Gopal Jain - Director
- David Saul Levin - Director
- Pranav Deepakkumar Kothari - Director
- Imran Jafar - Director
- Shikhar Neelkamal Malhotra - Director
- Dheeraj Prasad Devata - Additional Director
The latest financial statements of Educational Initiatives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Educational Initiatives is 24AAACE9834B1ZY, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACE9834B1ZO (Karnataka).
The CIN (Corporate Identification Number) of Educational Initiatives is U80211GJ2000PTC038692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Educational Initiatives has 2 court cases on record: 1 filed by the company and 1 filed against it.
Educational Initiatives was incorporated on 22 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Educational Initiatives has 26 deals on record (19 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹212.3 Cr; the latest was in March 2024.
The peers of Educational Initiatives by revenue are Buddy4study India Foundation, Idp Education Exam Services Private Limited, Valeur Fabtex Private Limited, Coeus Education Management Private Limited, Talentsprint Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Dheeraj Prasad Devata was appointed as Additional Director on 23 May 2025. Manoj Balan ceased to be Additional Director on 26 Sep 2024. Shikhar Neelkamal Malhotra was appointed as Director on 29 Feb 2024. Educational Initiatives has 20 board changes on record in total.
Yes, Educational Initiatives is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0155437).