MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0067244
Edutest Solutions Private Limited - education in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹252.64 Cr
▲ 18% YoY
Net profit · FY 2024
₹56.87 Cr
Net margin 22.5%
EBITDA · FY 2024
₹80.11 Cr
EBITDA margin 31.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.82 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
183
Provident fund records
Directors on board
3
As per MCA filings
About Edutest Solutions Private Limited
Data last updated:
Edutest Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 18 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC111883. Its GSTIN is 24AAGCC5475Q2Z1 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.82 Cr. It was formerly known as Crest Assessment Solutions Private Limited and Intellotech Solutions Private Limited. It is led by directors including Rajesh Gopaldas Parekh and Saksham Vineet Arya.
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 2nd Floor Jbr Corporate House Sindhubhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹252.64 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹56.87 Cr (net margin 22.5%) and EBITDA of ₹80.11 Cr (EBITDA margin 31.7%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 22% over five years.
The company has about 183 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Edutest Solutions. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 3 cases are pending. The company has 7 deals on record (7 secondary share transfers); the latest was in June 2021.
Edutest Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0067244). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edu-test.in.
Company details
CIN U74999GJ2016PTC111883
Registration Number 111883
Incorporation Date 18 July 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0067244
Name history
Edutest Solutions has undergone 8 name changes throughout its history. The current legal name is Edutest Solutions Private Limited.
| Company Name | Status |
|---|---|
| Edutest Solutions Private Limited | Current |
| Crest Assessment Solutions Private Limited | Previous |
| Intellotech Solutions Private Limited | Previous |
| Epariksha Solutions Private Limited | Previous |
| Confisec Private Limited | Previous |
| Arcane Solutions Private Limited | Previous |
| Evaluating Skills & Knowledge Private Limited | Previous |
| Integrated Testing Solutions Private Limited | Previous |
CIN history
Edutest Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999GJ2016PTC111883, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2016PTC111883 | Current |
| U74999DL2016PTC329144 | Previous |
| U74999GJ2016PTC092971 | Previous |
Key People
Rajesh Gopaldas Parekh Director Saksham Vineet Arya Director Dinesh Kumar Sharma Director Recognitions & Rankings of Edutest Solutions
Contact details
Edutest Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is edu-test.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Jbr Corporate House Sindhubhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryEducation, EdTech Solutions
To see the full contact details of Edutest Solutions Private Limited, buy the company report.
Comprehensive company report
Edutest Solutions 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
Edutest Solutions operates one associated brand: Edutest Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Edutest offers test authoring, administration, analysis, and processing for assessments. | edu-test.in |
Financials of Edutest Solutions Private Limited
FY 2024 filings availableEdutest Solutions Private Limited reported revenue of ₹252.64 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹252.64 Cr ▲ 18%
Net profit · FY 2024
₹56.87 Cr margin 22.5%
EBITDA · FY 2024
₹80.11 Cr margin 31.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 54%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 35%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 18% growth in the latest year. EBITDA rose 19% 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 | ₹80.11 Cr | ||||
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| Net Profit (PAT) | ₹56.87 Cr | ||||
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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 | 31.7% | ||||
| Net Profit Margin | 22.5% | ||||
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To see the full financial statements and ratios of Edutest Solutions Private Limited, buy the company report.
Board of directors of Edutest Solutions Private Limited
Edutest Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Gopaldas Parekh Also directs: Citco Fund Services (India) Ifsc LLP, Kifs Financial Services Limited, Kifs Finstock Limited and 2 more | Director | 01 Nov 2024 | 1 Years 11 Months | Current |
| Saksham Vineet Arya Also directs: Xamindia Private Limited | Director | 02 Dec 2020 | 5 Years 10 Months | Current |
| Dinesh Kumar Sharma | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Edutest Solutions Private Limited is audited by MUKESH R. CHOKSHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH R. CHOKSHI & CO. | FY 2023 | 106633W |
Shareholding
The shareholding of Edutest Solutions 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 Edutest Solutions Private Limited, buy the company report.
Deals & funding
Edutest Solutions Private Limited has 7 deals on record (7 secondary share transfers); the latest was in June 2021.
Total deals
7
Secondary share transfers
7
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Edutest Solutions 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
Edutest Solutions Private Limited has 11 court cases on record: 9 filed by Edutest Solutions, 2 filed against it. 3 cases are pending and 8 are disposed.
Total cases
11
Filed by the company
9
Filed against the company
2
Pending
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 2 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against M/S. Accura Agro Products Pvt. Ltd. | Pending |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Ahom Technologies Pvt. Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against International Spirituality Olympiad Council | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru. Its Prin. Secy.Directorate of Technical Education Lko and Ors. | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru. Its Addl. Chief Secy./Prin. Secy. Deptt. of Home Govt. of U.P. Lko and Others | Disposed |
To see the full case history of Edutest Solutions 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 Edutest Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Edutest Solutions has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Xamindia Private Limited | U80301GJ2021PTC127882 |
To see the full group structure of Edutest Solutions Private Limited, buy the company report.
Employees & EPFO
Edutest Solutions Private Limited has a workforce of 183 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
183
Active EPFO establishments
1
Employee growth
7.65%
GST
Edutest Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC5475Q2Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Edutest Solutions Private Limited, buy the company report.
Recent activity
Edutest Solutions Private Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Rajesh Gopaldas Parekh ceased to be Additional Director on 29 Sep 2025.
Ceased
Rajesh Gopaldas Parekh ceased to be Additional Director.
Appointed
Dinesh Kumar Sharma was appointed as Director.
Appointed
Rajesh Gopaldas Parekh was appointed as Director.
AGM
Edutest Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Edutest Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Vineet Sureshchandra Arya ceased to be Director.
Ceased
Jaya Vineet Arya ceased to be Director.
Ceased
Saksham Vineet Arya ceased to be Additional Director.
Appointed
Saksham Vineet Arya was appointed as Director.
Ceased
Sureshchandra Bansidhar Arya ceased to be Director.
Ceased
Alok Ranjan ceased to be Additional Director.
Ceased
Brahmaiah Reddy Gade ceased to be Additional Director.
1 earlier event is in the company report.
Frequently asked questions
Edutest Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in edtech solutions, within the education industry. It was incorporated on 18 July 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC111883.
Edutest Solutions has 3 current directors:
- Rajesh Gopaldas Parekh - Director
- Saksham Vineet Arya - Director
- Dinesh Kumar Sharma - Director
The latest financial statements of Edutest Solutions 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 2017 are in the company report.
The GSTIN of Edutest Solutions is 24AAGCC5475Q2Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Edutest Solutions is U74999GJ2016PTC111883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edutest Solutions has 11 court cases on record: 9 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Edutest Solutions was incorporated on 18 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Edutest Solutions has 7 deals on record (7 secondary share transfers); the latest was in June 2021.
Rajesh Gopaldas Parekh ceased to be Additional Director on 29 Sep 2025. Dinesh Kumar Sharma was appointed as Director on 20 Mar 2025. Rajesh Gopaldas Parekh was appointed as Director on 01 Nov 2024. Edutest Solutions has 10 board changes on record in total.
Yes, Edutest Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0067244).