Ekam Initiative Foundation
About Ekam Initiative Foundation
Data last updated:
Ekam Initiative Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 08 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2021NPL373016.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Radhika Chaitanya Patel and Gulzar Govewalla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 1404 B Wing One BKC Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.13 Lakh, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹5 Lakh (net margin 18.4%) and EBITDA of ₹5.05 Lakh (EBITDA margin 18.6%).
Company details
Contact details
Ekam Initiative Foundation's registered office is in Mumbai, Maharashtra.
- Registered AddressOffice No. 1404 B Wing One BKC Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryNon-Profit Organizations, Social Work
- 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
Business activity
The main business activity of Ekam Initiative Foundation is personal and household service. In detail, this covers activities of membership organisations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S1 | Activities of membership organisations |
To see the full business activity and turnover split of Ekam Initiative Foundation, buy the company report.
Financials of Ekam Initiative Foundation
FY 2025 filings availableEkam Initiative Foundation reported revenue of ₹27.13 Lakh (up 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹5.05 Lakh | ||
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| Tax Expense | |||
| Net Profit (PAT) | ₹5 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 18.6% | ||
| Net Profit Margin | 18.4% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Ekam Initiative Foundation, buy the company report.
Board of directors of Ekam Initiative Foundation
Ekam Initiative Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Chaitanya Patel Also directs: Keshaw Enterprises Private Limited | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
| Gulzar Govewalla | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
Peer comparison
Ekam Initiative Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organisations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Namaha Bharat Foundation | ₹28.95 Lakh (FY 2025) | 1482.0% | Delhi, India | |||
| Grande Exotica Common Maintenance Association | ₹28.8 Lakh (FY 2024) | Indore, Madhya Pradesh, India | ||||
| All India Air Conditioning and Refrigeration Association | ₹28.18 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Ivyplus Global Alumni Network Private Limited | ₹27.71 Lakh (FY 2020) | -64.0% | New Delhi, Delhi, India | |||
| Tirumala Caretaker Pvt Ltd | ₹27.58 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Ekam Initiative Foundationthis company | ₹27.13 Lakh (FY 2024) | ₹5 Lakh | 18.4% | 64.0% | Mumbai, Maharashtra, India | |
| Shree Kala Tours & Travels Private Limited | ₹27.1 Lakh (FY 2019) | -61.0% | Anand, Gujarat, India | |||
| Sarwath Research and Development Foundation | ₹26.83 Lakh (FY 2025) | 28.0% | Hyderabad, Telangana, India | |||
| Yash Social Welfare Foundation | ₹26.58 Lakh (FY 2025) | 16.0% | Indore, Madhya Pradesh, India | |||
| Nyati Highlands Eastern Foundation | ₹25.24 Lakh (FY 2024) | 49.0% | Pune, Maharashtra, India | |||
| Sur O Dhwani Foundation | ₹24.96 Lakh (FY 2025) | 510.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ekam Initiative Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ekam Initiative Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ekam Initiative Foundation; 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 Ekam Initiative Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ekam Initiative Foundation has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Gulzar Govewalla was appointed as Director on 01 Nov 2023.
Frequently asked questions
Ekam Initiative Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 08 December 2021 (5+ years old) and is registered under CIN U85300MH2021NPL373016.
Ekam Initiative Foundation has 2 current directors:
- Radhika Chaitanya Patel - Director
- Gulzar Govewalla - Director
The latest financial statements of Ekam Initiative Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Ekam Initiative Foundation is U85300MH2021NPL373016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ekam Initiative Foundation was incorporated on 08 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ekam Initiative Foundation by revenue are Namaha Bharat Foundation, Grande Exotica Common Maintenance Association, All India Air Conditioning and Refrigeration Association, Ivyplus Global Alumni Network Private Limited, Tirumala Caretaker Pvt Ltd and 5 more, all in the same principal business activity (activities of membership organisations).
Gulzar Govewalla was appointed as Director on 01 Nov 2023. Labanyendu Das ceased to be Director on 01 Nov 2023. Labanyendu Das was appointed as Director on 08 Dec 2021. Ekam Initiative Foundation has 4 board changes on record in total.
The registered office of Ekam Initiative Foundation is at Office No. 1404 B Wing One BKC Bandra – Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Ekam Initiative Foundation operates in the non-profit organizations industry, in the social work segment.
Ekam Initiative Foundation can be reached at its registered office: Office No. 1404 B Wing One BKC Bandra – Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Ekam Initiative Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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