About Goel Ganga Foundation
Data last updated:
Goel Ganga Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the preschools segment of the education sector. It was incorporated on 27 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U80212PN2007NPL129697.
The company has a paid-up capital of ₹20,000. It was formerly known as Gyan Ganga Foundation. It is led by directors including Amit Jaiprakash Goel and Atul Jaiprakash Goel.
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 San Mahu Complex 5 Bund Garden Road Opp. Poona Club, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.52 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹31.6 Lakh (net margin -1.5%) and EBITDA of ₹60.53 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goelganga.com.
Company details
Contact details
Goel Ganga Foundation's registered office is in Pune, Maharashtra. Its website is goelganga.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSan Mahu Complex 5 Bund Garden Road Opp. Poona Club, Pune, Maharashtra, India – 411004
- IndustryEducation, Preschools
To see the full contact details of Goel Ganga Foundation, 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
Business activity
The main business activity of Goel Ganga Foundation is education. In detail, this covers primary & secondary education services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services |
To see the full business activity and turnover split of Goel Ganga Foundation, buy the company report.
Financials of Goel Ganga Foundation
FY 2024 filings availableGoel Ganga Foundation reported revenue of ₹21.52 Cr (up 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 23% growth in the latest year. EBITDA fell 73% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹60.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.6 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | -1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Goel Ganga Foundation, buy the company report.
Board of directors of Goel Ganga Foundation
Goel Ganga Foundation has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jaiprakash Goel Also directs: Goel Ganga Housing LLP, Goel Ganga City Developers LLP, Goel Ganga Associates LLP and 5 more | Director | 27 Feb 2007 | 19 Years 8 Months | Current |
| Atul Jaiprakash Goel Also directs: Goel Ganga Housing LLP, Goel Ganga City Developers LLP, Goel Ganga Associates LLP and 5 more | Director | 27 Feb 2007 | 19 Years 8 Months | Current |
| Kumar Balkrishna Barde Also directs: Vijay Safety Solutions LLP | Director | 03 Oct 2018 | 8 Years 0 Months | Current |
| Saloni Goel Also directs: Futurotech Lifestyle Products Private Limited, Skyline Spaces Private Limited, Safe Heights Developers Private Limited and 5 more | Additional Director | 11 Apr 2025 | 1 Years 6 Months | Current |
| Ajay Mishra Tirthraj | Director | 17 Nov 2019 | 6 Years 11 Months | Current |
| Amit Surendra Kumar Also directs: Encon Energy Management Services Private Limited | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Goel Ganga Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (primary & secondary education services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maharana Infrastructure and Professional Services Limited | ₹23.88 Cr (FY 2016) | -29.0% | Noida, Uttar Pradesh, India | |||
| Global Reach Education Services Private Limited | ₹23.15 Cr (FY 2025) | 7.0% | Sakltlake, West Bengal, India | |||
| Kid-O Education Private Limited | ₹22.89 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| GK Research Foundation | ₹22.55 Cr (FY 2025) | 20.0% | Pune, Maharashtra, India | |||
| Kare Edumin Private Limited | ₹21.97 Cr (FY 2016) | 7.0% | Mumbai, Maharashtra, India | |||
| Goel Ganga Foundationthis company | ₹21.52 Cr (FY 2023) | -₹31.6 Lakh | -1.5% | 23.0% | Pune, Maharashtra, India | |
| Illuminati Education Forum | ₹21.3 Cr (FY 2024) | 16.0% | Aurangabad, Maharashtra, India | |||
| Ipsaa Holdings Private Limited | ₹21.23 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| Tutopia Private Limited | ₹20.8 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| One Education Initiatives Private Limited | ₹20.22 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| MVS Eduexcellence Private Limited | ₹19.97 Cr (FY 2025) | 55.0% | New Delhi, Delhi, India |
To see the full peer comparison of Goel Ganga Foundation, buy the company report.
Auditor
Goel Ganga Foundation is audited by SSAP & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSAP & ASSOCIATES LLP | FY 2023 | W100366 |
Shareholding
The shareholding of Goel Ganga Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Goel Ganga Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2023 | 100765337 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Goel Ganga Foundation has 3 court cases on record: 2 filed by Goel Ganga Foundation, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Federation of Swarganga Co-Op. Society Ltd. Through Its Chairman and Ors and 15 others | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Federation of Swarganga Co-Op. Society Limited THR. Its Chairman Having Office at S. No. 174/A, 175A, 176/A, 177/A, Sant Tukaram Nagar, Pimpri, ,Pune , Maharashtra and 13 others | Disposed |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by Federation of Swarganga Co-Op Society Ltd.D.M. Kulkarni, O. Jokhare Etc(Legal Heir) and 12 others | Disposed |
To see the full case history of Goel Ganga Foundation, 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 Goel Ganga 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 Goel Ganga Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Goel Ganga Foundation has 12 board changes on record since 2007: 7 appointments and 5 cessations. The latest: Saloni Goel was appointed as Additional Director on 11 Apr 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Goel Ganga Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in preschools, within the education industry. It was incorporated on 27 February 2007 (19+ years old) and is registered under CIN U80212PN2007NPL129697.
Goel Ganga Foundation has 7 current directors:
- Amit Jaiprakash Goel - Director
- Atul Jaiprakash Goel - Director
- Kumar Balkrishna Barde - Director
- Saloni Goel - Additional Director
- Ajay Mishra Tirthraj - Director
- Amit Surendra Kumar - Director
- Ranchod Nagindas Nagar - Director
The latest financial statements of Goel Ganga Foundation 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Goel Ganga Foundation is U80212PN2007NPL129697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goel Ganga Foundation has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Goel Ganga Foundation was incorporated on 27 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Goel Ganga Foundation by revenue are Maharana Infrastructure and Professional Services Limited, Global Reach Education Services Private Limited, Kid-O Education Private Limited, GK Research Foundation, Kare Edumin Private Limited and 5 more, all in the same principal business activity (primary & secondary education services).
Saloni Goel was appointed as Additional Director on 11 Apr 2025. Jaiprakash Sitaram Goel ceased to be Director on 01 Apr 2025. Arun Ramsharan Gupta ceased to be Director on 11 Apr 2022. Goel Ganga Foundation has 12 board changes on record in total.
Goel Ganga Foundation can be reached through the website goelganga.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Goel Ganga Foundation is at San Mahu Complex 5 Bund Garden Road Opp. Poona Club, Pune, Maharashtra, India – 411004.
Goel Ganga Foundation operates in the education industry, in the preschools segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
