About Finx Institute Private Limited
Data last updated:
Finx Institute Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bse Limited. It operates in the educational support services segment of the education and learning sector. It was incorporated on 28 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80903MH2010PTC208335. Its GSTIN is 27AAECB2964M1ZB (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It was formerly known as Bse Training Institute Limited and Finx Institute Limited. It is led by directors including Narayanan Venkatraman Iyer and Himanshu Vyapak.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.81 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.26 Cr (net margin 18.3%) and EBITDA of ₹7.39 Cr (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company is associated with 1 brand: BSE Institute. The company has 1 deal on record (1 acquisition); the latest was in May 2025. Its 10 peer companies in the Education industry (Corporate and Commercial Training) are compared by revenue, 5 larger and 5 smaller; the largest is Chetanya Career Consultants Private Limited with revenue of ₹29.54 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bsebti.com.
Name History of Finx Institute Private Limited
Finx Institute has undergone 3 name changes throughout its history. The company was previously known as Bse Training Institute Limited, Finx Institute Limited, and Finx Institute Private Limited. The current legal name is Finx Institute Private Limited.
| Company Name | Status |
|---|---|
| Finx Institute Private Limited | Current |
| Bse Training Institute Limited | Previous |
| Finx Institute Limited | Previous |
CIN History of Finx Institute Private Limited
Finx Institute has one previous CIN (Corporate Identification Number): U80903MH2010PLC208335. The current CIN is U80903MH2010PTC208335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80903MH2010PTC208335 | Current |
| U80903MH2010PLC208335 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressPlot No. 112 First Floor, Above Croma Sion Koliwada Road Sion East, Mumbai, Maharashtra, India – 400022
- IndustryEducation & Learing, Educational Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Finx Institute Private Limited
Finx Institute operates one associated brand: BSE Institute. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial education and training programs are provided across various domains. | bsebti.com |
Business Activity of Finx Institute Private Limited
The business activities of Finx Institute are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finx Institute Private Limited FY 2025 filings available
Finx Institute Private Limited reported revenue of ₹28.81 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finx Institute Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 15% growth in the latest year. EBITDA rose 94% 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 of Finx Institute Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.26 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 of Finx Institute Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Finx Institute are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Finx Institute Private Limited
Finx Institute has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Venkatraman Iyer | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Himanshu Vyapak | Director | 07 May 2025 | 1 Years 5 Months | Current |
| Nisha Nilesh Shah Also directs: Av Financial Experts Network Private Limited | Director | 07 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of Finx Institute Private Limited
Finx Institute Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chetanya Career Consultants Private Limited | ₹29.54 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Kurukshetra, Haryana, India |
| Professional Skill Training & Consultancy Private Limited | ₹29.35 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Academy for Computer Training (Guj) Private Limited | ₹29.23 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Gujarat, India |
| Chennais Amirta International Institute of Hotel Management Private Limited | ₹29.18 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Iiitb Comet Foundation | ₹28.91 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Bengaluru, Karnataka, India |
| Finx Institute Private Limited this company | ₹28.81 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Kumon India Education Private Limited | ₹28.7 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Ksa Educational Services Private Limited | ₹28.58 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Futurense Technologies Private Limited | ₹28.56 Cr (FY 2024) | •••• | •••• | 120.0% | •••• | New Delhi, Delhi, India |
| Packapeer Academy Private Limited | ₹28.36 Cr (FY 2024) | •••• | •••• | 180.0% | •••• | Kakkancheri, Kerala, India |
| Indian Institute of Hardware Technology Limited | ₹28.35 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Finx Institute by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Finx Institute Private Limited
Finx Institute Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Finx Institute Private Limited
Finx Institute Private Limited has 1 deal on record (1 acquisition); the latest was in May 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Acquisition | ₹16.9 Cr | Buyer: Av Financial Experts Network Private Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Finx Institute Private Limited
Finx Institute Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Guiding Star Digital Publishers LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Honey Enterprises | •••• | •••• | •••• |
| Version Systems Private Limited | •••• | •••• | •••• |
| Shroff Publishers and Distributors Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Finx Institute Private Limited
Employment history and EPFO contributions of people linked to Finx Institute.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Finx Institute Private Limited
Finx Institute Private Limited has 24 board changes on record since 2010: 3 appointments and 21 cessations. The latest: Chandrakant Sukhdev Joge ceased to be Company Secretary on 31 Jan 2026.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finx Institute Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finx Institute Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Finx Institute Private Limited
Finx Institute has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB2964M1ZB | Maharashtra | Active | 01 Jul 2017 |
| 19AAECB2964M1Z8 | West Bengal | Active | 09 Jul 2017 |
| 24AAECB2964M1ZH | Gujarat | Active | 09 Jul 2017 |
| 33AAECB2964M1ZI | Tamil Nadu | Active | 14 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Finx Institute Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Finx Institute Private Limited
Frequently Asked Questions about Finx Institute Private Limited
Finx Institute is an active private limited company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 28 September 2010 (16+ years old) and is registered under CIN U80903MH2010PTC208335.
Finx Institute reported revenue of ₹28.81 Cr for FY 2025 (up 15% YoY).
Finx Institute has 3 current directors:
- Narayanan Venkatraman Iyer - Director
- Himanshu Vyapak - Director
- Nisha Nilesh Shah - Director
Finx Institute reported a net profit of ₹5.26 Cr (net margin 18.3%) and EBITDA of ₹7.39 Cr (EBITDA margin 25.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finx Institute is 15% over three years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finx Institute is 27AAECB2964M1ZB, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAECB2964M1Z8 (West Bengal), 24AAECB2964M1ZH (Gujarat), 33AAECB2964M1ZI (Tamil Nadu).
The CIN (Corporate Identification Number) of Finx Institute is U80903MH2010PTC208335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finx Institute was incorporated on 28 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Finx Institute has 1 deal on record (1 acquisition); the latest was in May 2025.
The peers of Finx Institute by revenue are Chetanya Career Consultants Private Limited, Professional Skill Training & Consultancy Private Limited, Academy for Computer Training (Guj) Private Limited, Chennais Amirta International Institute of Hotel Management Private Limited, Iiitb Comet Foundation and 5 more, all in the Education industry (Corporate and Commercial Training).
Chandrakant Sukhdev Joge ceased to be Company Secretary on 31 Jan 2026. Himanshu Vyapak ceased to be Additional Director on 20 May 2025. Nisha Nilesh Shah ceased to be Additional Director on 20 May 2025. Finx Institute has 24 board changes on record in total.
Finx Institute has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 03 Dec 2020.