About Grade Stack Learning Private Limited
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Grade Stack Learning Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Times Internet Limited. It operates in the edtech solutions segment of the education sector. It was incorporated on 27 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80211KA2013PTC149566. Its GSTIN is 09AAFCG2240Q1ZA (Uttar Pradesh).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹7.35 Lakh. It is led by directors including Byju Raveendran and Mrinal Kanti Dhara.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 111 8th Cross Paramount Gardens Thalaghattapura Kanakapura Main Road, Bengaluru, Karnataka, India – 560062.
As per the financials filed for FY 2023, the company reported a revenue of ₹154.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.3 Cr (net margin 9.9%) and EBITDA of ₹24.04 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Byju's and BYJU'S Exam Prep. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (4 funding rounds, 2 acquisitions, 2 secondary share transfers), with disclosed funding of ₹159.51 Cr; the latest was in September 2021. Its 3 peer companies in the Education industry (Education Technology), with the same principal business activity (educational support services) are compared by revenue, 3 smaller; the largest is Next Education India Private Limited with revenue of ₹133.62 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gradeup.co.
Company details
CIN history
Grade Stack Learning has one previous CIN (Corporate Identification Number): U80211DL2013PTC252811. The current CIN is U80211KA2013PTC149566, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80211KA2013PTC149566 | Current |
| U80211DL2013PTC252811 | Previous |
Contact details
Grade Stack Learning Private Limited's registered office is in Bengaluru, Karnataka. Its website is gradeup.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 111 8th Cross Paramount Gardens Thalaghattapura Kanakapura Main Road, Bengaluru, Karnataka, India – 560062
- IndustryEducation, EdTech Solutions
To see the full contact details of Grade Stack Learning 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
Grade Stack Learning operates two associated brands: BYJU'S and BYJU'S Exam Prep. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online learning programs for K-12 education are delivered. | byjus.com | |
| Government exam preparation solutions are delivered through a mobile platform. | byjusexamprep.com |
Financials of Grade Stack Learning Private Limited
FY 2023 filings availableGrade Stack Learning Private Limited reported revenue of ₹154.2 Cr (up 211% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over three years, including 211% growth in the latest year. EBITDA rose 119% 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 | ₹154.2 Cr | ||||
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| EBITDA | ₹24.04 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹15.3 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Grade Stack Learning Private Limited, buy the company report.
Board of directors of Grade Stack Learning Private Limited
Grade Stack Learning has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byju Raveendran Also directs: Byjus Investments Private Limited, Specadel Technologies Private Limited, Span Thoughtworks Private Limited and 5 more | Director | 03 Sep 2021 | 5 Years 1 Months | Current |
| Mrinal Kanti Dhara | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
| Riju Ravindran Also directs: Byjus Investments Private Limited, Specadel Technologies Private Limited, Span Thoughtworks Private Limited and 5 more | Director | 03 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Grade Stack Learning Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Education Technology), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grade Stack Learning Private Limitedthis company | ₹154.2 Cr (FY 2023) | ₹15.3 Cr | 9.9% | 211.0% | 9 | Bengaluru, Karnataka, India |
| Next Education India Private Limited | ₹133.62 Cr (FY 2025) | -22.0% | Hyderabad, Telangana, India | |||
| Eduquity Career Technologies Private Limited | ₹117.49 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Medvarsity Online Limited | ₹117.26 Cr (FY 2024) | -10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Grade Stack Learning Private Limited, buy the company report.
Auditor
Grade Stack Learning Private Limited is audited by LODHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO. | FY 2023 | 301051E |
Shareholding
The shareholding of Grade Stack Learning 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 Grade Stack Learning Private Limited, buy the company report.
Deals & funding
Grade Stack Learning Private Limited has 8 deals on record (4 funding rounds, 2 acquisitions, 2 secondary share transfers), with disclosed funding of ₹159.51 Cr; the latest was in September 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Acquisition | ₹113.02 Cr | Buyer: Think & Learn Private Limited |
| Sep 2021 | Funding round · Series B | ₹113.02 Cr | Investors: Think & Learn Private Limited |
| Aug 2021 | Funding round · Series A | ₹16.24 Cr | Investors: an individual |
| Nov 2017 | Funding round · Series A | ₹29.55 Cr | Investors: an individual |
| Sep 2015 | Acquisition | ₹4.25 Cr | Buyer: an individual |
To see the full deal history of Grade Stack Learning 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
Grade Stack Learning Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Shyam Spectra Pvt.Ltd. | Disposed |
To see the full case history of Grade Stack Learning 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 Grade Stack Learning Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grade Stack Learning Private Limited has a workforce of 9 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Grade Stack Learning has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCG2240Q1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grade Stack Learning Private Limited, buy the company report.
Recent activity
Grade Stack Learning Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Byju Raveendran was appointed as Director on 03 Sep 2021.
4 earlier events are in the company report.
News
Frequently asked questions
Grade Stack Learning is an active private limited company based in Bengaluru, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 27 May 2013 (13+ years old) and is registered under CIN U80211KA2013PTC149566.
Grade Stack Learning has 3 current directors:
- Byju Raveendran - Director
- Mrinal Kanti Dhara - Director
- Riju Ravindran - Director
The latest financial statements of Grade Stack Learning on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Grade Stack Learning is 09AAFCG2240Q1ZA, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Grade Stack Learning is U80211KA2013PTC149566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grade Stack Learning has 1 court case on record: 1 filed against it.
Grade Stack Learning was incorporated on 27 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Grade Stack Learning has 8 deals on record (4 funding rounds, 2 acquisitions, 2 secondary share transfers), with disclosed funding of ₹159.51 Cr; the latest was in September 2021.
The peers of Grade Stack Learning by revenue are Next Education India Private Limited, Eduquity Career Technologies Private Limited, Medvarsity Online Limited, all in the Education industry (Education Technology), with the same principal business activity (educational support services).
Byju Raveendran was appointed as Director on 03 Sep 2021. Riju Ravindran was appointed as Director on 03 Sep 2021. Mrinal Kanti Dhara ceased to be Additional Director on 30 Sep 2020. Grade Stack Learning has 13 board changes on record in total.
Grade Stack Learning can be reached through the website gradeup.co. Its registered office is in Bengaluru, Karnataka, India.