About FSM Education Private Limited
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FSM Education Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gf Global Ventures Private Limited. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 09 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2013PTC250889. Its GSTIN is 27AACCF3107C1Z9 (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹77.68 Lakh and a paid-up capital of ₹60.66 Lakh. It is led by directors including Dharini Navin Upadhyaya and Hariharan Premkumar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.6 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹17.54 Lakh (net margin 0.7%) and EBITDA of ₹1.51 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 3% over five years.
The company has about 182 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Furtados School of Music. As per MCA filings, the company has open charges of ₹6.2 Cr and satisfied charges of ₹2 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending. The company has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹31.56 Cr; the latest was in January 2020. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 3 overdue payments to 2 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 furtadosschoolofmusic.com.
Company details
Contact details
FSM Education Private Limited's registered office is in Mumbai, Maharashtra. Its website is furtadosschoolofmusic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressKohli House 3rd Flr Plot No.510 – B, 32nd Rd Tps III Above Saraswat Bank, Mumbai, Maharashtra, India – 400050
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of FSM Education Private Limited, buy the company report.
- 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
Brands
FSM Education operates one associated brand: Furtados School of Music. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Music education programs are provided for schools and individuals. | furtadosschoolofmusic.com |
Business activity
The main business activity of FSM Education is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of FSM Education Private Limited, buy the company report.
Financials of FSM Education Private Limited
FY 2025 filings availableFSM Education Private Limited reported revenue of ₹23.6 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 26% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.51 Cr | ||||
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| Net Profit (PAT) | ₹17.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of FSM Education Private Limited, buy the company report.
Board of directors of FSM Education Private Limited
FSM Education has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharini Navin Upadhyaya Also directs: Furtados High Music Private Limited | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
| Hariharan Premkumar Also directs: Furtados High Music Private Limited, Nivara Beauty Private Limited, Slick Organics Private Limited and 5 more | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Tanuja Gomes | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
| Anthony Louis Gomes Also directs: Furtados High Music Private Limited, Furtados School of Music LLP, Novus Horizons LLP and 5 more | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
| Harish Mehta Shantilal Also directs: Ian Advisory LLP, Onward Technologies Limited, National Association of Software and Service Companies and 5 more | Director | 13 Dec 2019 | 6 Years 10 Months | Current |
Auditor
FSM Education Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of FSM Education Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of FSM Education Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2022 | 100611529 | Others | ₹6.2 Cr | Open | |
| 01 Sep 2017 | 100123579 | Others | ₹2 Cr | Satisfied |
To see the full charge records of FSM Education Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
FSM Education Private Limited has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹31.56 Cr; the latest was in January 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Funding round · Series B | ₹6.44 Cr | Investors: DSG Consumer Partners |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: GF Global Ventures Private Limited |
| Jun 2016 | Funding round · Series A | ₹3 Cr | Investors: DSG Consumer Partners |
| Feb 2014 | Funding round · Seed | ₹2.2 Cr | Investors: DSG Consumer Partners, Essay Commercial Resources Private Limited , an individual |
| Dec 2013 | Funding round | ₹8 Lakh | Investors: GF Global Ventures Private Limited , 2 individuals |
To see the full deal history of FSM Education 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
FSM Education Private Limited has 5 court cases on record: 5 filed by FSM Education. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against K12 Techno Services Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against K12 Techno Services Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against K12 Techno Services Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India Through the Principal Secretary | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 2 Ors. and 2 others | Disposed |
To see the full case history of FSM Education 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
FSM Education Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prayas Pen & Plastic Industries | |||
| an individual supplier |
To see the full MSME payment records of FSM Education Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
FSM Education has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Furtados High Music Private Limited | U74999MH2016PTC273973 |
To see the full group structure of FSM Education Private Limited, buy the company report.
Employees & EPFO
FSM Education Private Limited has a workforce of 182 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
FSM Education has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF3107C1Z9 | Maharashtra | Active | 18 Sep 2019 |
| 29AACCF3107C1Z5 | Karnataka | Active | 29 Apr 2025 |
| 36AACCF3107C1ZA | Telangana | Active | 21 May 2025 |
To see the full GST registrations and return filing status of FSM Education Private Limited, buy the company report.
Recent activity
FSM Education Private Limited has 9 board changes on record since 2013: 5 appointments and 4 cessations. The latest: Harish Mehta Shantilal ceased to be Additional Director on 06 Mar 2020.
5 earlier events are in the company report.
News
Frequently asked questions
FSM Education is an active private limited company based in Mumbai, Maharashtra, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 09 December 2013 (13+ years old) and is registered under CIN U80904MH2013PTC250889.
FSM Education has 5 current directors:
- Dharini Navin Upadhyaya - Director
- Hariharan Premkumar - Director
- Tanuja Gomes - Director
- Anthony Louis Gomes - Director
- Harish Mehta Shantilal - Director
The latest financial statements of FSM Education 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 2015 are in the company report.
The GSTIN of FSM Education is 27AACCF3107C1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCF3107C1Z5 (Karnataka), 36AACCF3107C1ZA (Telangana).
The CIN (Corporate Identification Number) of FSM Education is U80904MH2013PTC250889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FSM Education has 5 court cases on record: 5 filed by the company. 2 are pending. Most are in the district courts.
FSM Education was incorporated on 09 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
FSM Education has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹31.56 Cr; the latest was in January 2020.
Harish Mehta Shantilal ceased to be Additional Director on 06 Mar 2020. Harish Mehta Shantilal was appointed as Director on 13 Dec 2019. Joseph John Gomes ceased to be Director on 13 Dec 2019. FSM Education has 9 board changes on record in total.
FSM Education has 2 MSME Form 1 returns on record between 2020 and 2021, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Jun 2021.
FSM Education can be reached through the website furtadosschoolofmusic.com. Its registered office is in Mumbai, Maharashtra, India.