Higher Education Financing Agency Company Logo

Higher Education Financing Agency - Company Profile

It is a financial services private not for profit company based in Bangalore Urban, Karnataka, India, established in 2017.

2017 | Bangalore Urban, Karnataka, India | Active
Last Updated:

About Higher Education Financing Agency

Higher Education Financing Agency, a active private not for profit company, was established on 31 May 2017 in Bangalore Urban, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U74999KA2017NPL103474. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10,000.00 Cr and a paid-up capital of ₹5,293.75 Cr.

It upholds a compliant status. Its leadership includes Bhaskar Ramamurthi (Nominee Director), Rishikesha Thiruvenkata Krishnan (Nominee Director), Thophic Mobbin Mahammad (Managing Director). Past directors included Brijmohan Sharma, Bhaskar Ramamurthi, Rishikesha Thiruvenkata Krishnan. It holds ₹1,000.00 Cr open charges and ₹4,000.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Stock Exchange Towers, No. 51 1St Floor, 1St Cross, Jc Road, Bangalore Urban, Karnataka, 560027.

Company Details

  • CIN/LLPIN

    U74999KA2017NPL103474

  • Registration Number

    103474

  • Incorporation Date

    31 May 2017

  • Authorized Capital

    ₹10,000.00 Cr

  • Paid-Up Capital

    ₹5,293.75 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 5,293.75 Cr
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,000.00 Cr
  • Satisfied Charges ₹ 4,000.00 Cr
  • Revenue Growth -1.35%
  • Profit Growth 1.34%
  • Ebitda 0.01%
  • Net Worth 7.30%
  • Total Assets -2.39%
Company report

Higher Education Financing Agency

Company Report FY 2025-2026

Explore comprehensive insights into Higher Education Financing Agency — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Higher Education Financing Agency?

Current Directors

NameDesignationAppointment DateStatus
Bhaskar RamamurthiNominee Director12 Jun 2017Current
Rishikesha Thiruvenkata KrishnanNominee Director12 Jun 2017Current
Thophic Mobbin MahammadManaging Director17 Apr 2023Current
Ashok MisraDirector12 Jun 2017Current
Vineet JoshiNominee Director01 Feb 2025Current
Virander Singh ChauhanDirector12 Jun 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director30 Jun 2023Past
Pramod AbcsddAdditional Director17 Nov 2018Past
Pramod AbcsddAdditional Director17 Nov 2018Past
Pramod AbcsddNominee Director31 Jul 2020Past
Pramod AbcsddNominee Director14 Nov 2022Past
Pramod AbcsddCfo(Kmp)-Past

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Financial Performance of Higher Education Financing Agency.

Higher Education Financing Agency, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.35% decrease. The company also saw a slight improvement in profitability, with a 1.34% increase in profit. The company's net worth moved up by a moderate rise of 7.3%.

Higher Education Financing Agency revenue growth over time
Higher Education Financing Agency profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.35%
Revenue from Operations
-1.34%
Total Assets
-2.39%
Profit or Loss
1.34%
Net Worth
7.30%
EBITDA
0.01%

What is the Ownership and Shareholding Structure of Higher Education Financing Agency?

In 2023, Higher Education Financing Agency had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹10,000,000,000.00

Satisfied Charges

₹40,000,000,000.00

Charges Breakdown by Lending Institutions

  • Canara Bank : 1000.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2024Canara Bank₹500.00 CrOpen
02 Sep 2023Canara Bank₹500.00 CrOpen
29 Dec 2021Canara Bank₹1,700.00 CrSatisfied
16 Dec 2020Hdfc Bank Limited₹300.00 CrSatisfied
12 May 2020State Bank Of India₹2,000.00 CrSatisfied

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How Many Employees Work at Higher Education Financing Agency?

Unlock and access historical data on people associated with Higher Education Financing Agency, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Higher Education Financing Agency

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Higher Education Financing Agency, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Higher Education Financing Agency's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Higher Education Financing Agency

Recent Activity within the Organization

  • Director Appointment

    The activity Bhavendra Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 09 Jun 2025 & has been associated with this company since 5 months 22 days . was completed.

  • Director Appointment

    The activity Vineet Joshi was appointed as a Nominee Director was appointed as a Nominee Director on 01 Feb 2025 & has been associated with this company since 9 months 28 days . was completed.

  • Annual General Meeting

    The activity Higher Education Financing Agency last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Canara Bank amounted to Rs. 500.00 Cr with Charge ID 100933424 was registered on 30 May 2024. was recorded as a recent event.

  • Balance Sheet

    The activity Higher Education Financing Agency has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 500.00 Cr with Charge ID 100796557 was registered on 02 Sep 2023. was completed.

Frequently Asked Questions

  • What is the CIN of Higher Education Financing Agency?

    The CIN of Higher Education Financing Agency is U74999KA2017NPL103474.

  • Where is Higher Education Financing Agency headquartered?

    Higher Education Financing Agency is headquartered at Stock Exchange Towers, No. 51 1St Floor, 1St Cross, Jc Road, Bangalore Urban, Karnataka, 560027.

  • When was Higher Education Financing Agency incorporated?

    Higher Education Financing Agency was incorporated on 31 May 2017.

  • Who are the current directors of Higher Education Financing Agency?

    The current directors of Higher Education Financing Agency are

  • What is the primary industry of Higher Education Financing Agency?

    The primary industry of Higher Education Financing Agency is Financial And Insurance Service.

  • Is Higher Education Financing Agency a listed company?

    Higher Education Financing Agency is unlisted.

  • What is the capital structure of Higher Education Financing Agency?

    The authorized capital of Higher Education Financing Agency is ₹10,000.00 Cr, and the paid-up capital is ₹5,293.75 Cr.

  • What is the compliance status of Higher Education Financing Agency?

    The compliance status of Higher Education Financing Agency is Compliant.

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