About Greater Good Project Foundation
Data last updated:
Greater Good Project 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 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2021NPL357556.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sohil Jagdish Karia and Harshil Karia.
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 2nd Floor B Wing Unit No 201 To 203 Trade World Kamala City, Kamala Mill Compound Senapati Bapat Marg Lower Parel (W) Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.06 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹4.2 Lakh (net margin -6.6%) and EBITDA of -₹4.21 Lakh (EBITDA margin -6.6%). Revenue has grown at a compounded annual rate (CAGR) of 151% over three years.
For more details, the company can be reached via its website schbang.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor B Wing Unit No 201 To 203 Trade World Kamala City, Kamala Mill Compound Senapati Bapat Marg Lower Parel (W) Mumbai, Maharashtra, India – 400013
- 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
- One PDF report, delivered after checkout
Business Activity of Greater Good Project Foundation
The main business activity of Greater Good Project Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education | 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 Greater Good Project Foundation FY 2025 filings available
Greater Good Project Foundation reported revenue of ₹64.06 Lakh (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Greater Good Project Foundation
Revenue has grown at a compounded annual rate (CAGR) of 151% over three years, including 51% growth in the latest year. EBITDA fell 220% 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 Greater Good Project Foundation
| 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 | -₹4.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.2 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 of Greater Good Project Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.6% | •••• | •••• | •••• | •••• |
| 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 Greater Good Project Foundation are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Greater Good Project Foundation
Greater Good Project Foundation is compared with the companies closest to it by revenue in the same principal business activity (Sports, recreation, cultural and other education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarthak Sustainable Development Foundation | ₹66.18 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Ambikapur, Chhattisgarh, India |
| Mahesh Bhupathi Tennis Academies Private Limited | ₹66.17 Lakh (FY 2023) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Rlbsa Foundation | ₹65.96 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Siwan, Bihar, India |
| Passionne Academy Private Limited | ₹65.05 Lakh (FY 2019) | •••• | •••• | 286.0% | •••• | Bangalore, Karnataka, India |
| Techrel Technologies Private Limited | ₹64.09 Lakh (FY 2017) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Greater Good Project Foundation this company | ₹64.06 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | Mumbai, Maharashtra, India |
| Expert Immigration Services Pvt Ltd | ₹63.7 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Chandigarh, India |
| Live to Smile Private Limited | ₹63.59 Lakh (FY 2024) | •••• | •••• | 1225.0% | •••• | Kasargod, Kerala, India |
| Eventica Eventz & Ideaz Private Limited | ₹63.54 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Gaya, Bihar, India |
| Reynlab Technologies India Private Limited | ₹63.06 Lakh (FY 2023) | •••• | •••• | 67.0% | •••• | Chennai, Tamil Nadu, India |
| Ultimate Tactical and Combat Private Limited. | ₹62.49 Lakh (FY 2017) | •••• | •••• | 119.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Greater Good Project Foundation by revenue in the same principal business activity (Sports, recreation, cultural and other education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Greater Good Project Foundation
Greater Good Project 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 |
|---|---|---|---|---|
| Sohil Jagdish Karia Also directs: KKG Solutions LLP, Schbang Rajasthan Private Limited, Purnatva Solutions Private Limited and 4 more | Director | 22 Mar 2021 | 5 Years 6 Months | Current |
| Harshil Karia | Director | 22 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Greater Good Project Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Greater Good Project Foundation
Greater Good Project Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Greater Good Project Foundation
Greater Good Project Foundation has a workforce of 0 employees as of Apr 04, 2024.
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 Greater Good Project Foundation
Greater Good Project Foundation has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Akshay Vijay Gurnani ceased to be Director on 25 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Greater Good Project Foundation
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.
MSME Payment Delays by Greater Good Project Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Greater Good Project Foundation
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 Greater Good Project Foundation
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 Greater Good Project Foundation
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.
Frequently Asked Questions about Greater Good Project Foundation
Greater Good Project 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 22 March 2021 (5+ years old) and is registered under CIN U85300MH2021NPL357556.
Greater Good Project Foundation reported revenue of ₹64.06 Lakh for FY 2025 (up 51% YoY).
Greater Good Project Foundation has 2 current directors:
- Sohil Jagdish Karia - Director
- Harshil Karia - Director
Greater Good Project Foundation reported a net loss of ₹4.2 Lakh (net margin -6.6%) and EBITDA of -₹4.21 Lakh (EBITDA margin -6.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Greater Good Project Foundation is 151% over three years. In the latest year (FY 2025) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Greater Good Project Foundation is U85300MH2021NPL357556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greater Good Project Foundation was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Greater Good Project Foundation by revenue are Sarthak Sustainable Development Foundation, Mahesh Bhupathi Tennis Academies Private Limited, Rlbsa Foundation, Passionne Academy Private Limited, Techrel Technologies Private Limited and 5 more, all in the same principal business activity (Sports, recreation, cultural and other education).
Akshay Vijay Gurnani ceased to be Director on 25 Feb 2025. Harshil Karia was appointed as Director on 22 Mar 2021. Sohil Jagdish Karia was appointed as Director on 22 Mar 2021.
Greater Good Project Foundation can be reached through the website schbang.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Greater Good Project Foundation is at 2nd Floor B Wing Unit No 201 To 203 Trade World Kamala City, Kamala Mill Compound Senapati Bapat Marg Lower Parel W Mumbai, Maharashtra, India – 400013.