About Higher Education Financing Agency
Data last updated: 23 December 2025
Higher Education Financing Agency is a private not for profit company based in Bangalore Urban, Karnataka, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 31 May 2017, the company has been in operation for over 9 years.
Registered with ROC Bangalore under CIN U74999KA2017NPL103474.
Capital: an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹5,293.75 Cr. It is led by directors including Bhaskar Ramamurthi and Rishikesha Thiruvenkata Krishnan.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Stock Exchange Towers No. 51 1St Floor 1St Cross Jc Road, Bangalore Urban, Karnataka, India – 560027.
As per the financials filed for FY 2022, the company reported a revenue of ₹589.34 Cr, a decline of 1.35% compared to the previous year.
The company is associated with 1 brand - Hefa. As per MCA filings, the company has open charges of ₹1,000 Cr and satisfied charges of ₹4,000 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hefa.co.in.
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Registered AddressStock Exchange Towers No. 51 1St Floor 1St Cross Jc Road, Bangalore Urban, Karnataka, India – 560027
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IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Higher Education Financing Agency
Higher Education Financing Agency operates one associated brand: HEFA. These brands represent Higher Education Financing Agency's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers loans for higher education infrastructure and research facilities. | hefa.co.in |
Business Activity of Higher Education Financing Agency
Higher Education Financing Agency operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Higher Education Financing Agency
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Higher Education Financing Agency
Higher Education Financing Agency is audited by VIJAY PANCHAPPA & CO for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAY PANCHAPPA & CO | Locked | Locked | Locked |
Complete auditor history for Higher Education Financing Agency
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Higher Education Financing Agency
Higher Education Financing Agency is currently managed by 7 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Bhaskar Ramamurthi
Also directs:
Tejas Networks Limited, Iitm Pravartak Technologies Foundation
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Nominee Director | 12 Jun 2017 | 9 Years 1 Months | Current |
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Rishikesha Thiruvenkata Krishnan
Also directs:
Wheels India Limited, Gujarat State Petronet Limited, Tonbo Imaging India Limited and 3 more
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Nominee Director | 12 Jun 2017 | 9 Years 1 Months | Current |
| Thophic Mobbin Mahammad | Managing Director | 17 Apr 2023 | 3 Years 3 Months | Current |
| Ashok Misra | Director | 12 Jun 2017 | 9 Years 1 Months | Current |
| Vineet Joshi | Nominee Director | 01 Feb 2025 | 1 Years 5 Months | Current |
|
Virander Singh Chauhan
Also directs:
Biotide Solutions Llp, Eti Consulting Private Limited
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Director | 12 Jun 2017 | 9 Years 1 Months | Current |
Financials of Higher Education Financing Agency FY 2024 filings available
Higher Education Financing Agency reported revenue of ₹589.34 Cr (down 1.35% YoY) for FY 2022.
Ten-year financial statements for Higher Education Financing Agency
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Higher Education Financing Agency
Shareholding and ownership data for Higher Education Financing Agency
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Higher Education Financing Agency
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2024 | Canara Bank | ₹500 Cr | Open |
| 02 Sep 2023 | Canara Bank | ₹500 Cr | Open |
| 29 Dec 2021 | Canara Bank | ₹1,700 Cr | Satisfied |
| 16 Dec 2020 | Hdfc Bank Limited | ₹300 Cr | Satisfied |
| 12 May 2020 | State Bank of India | ₹2,000 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Higher Education Financing Agency
View historical data on people associated with Higher Education Financing Agency, including employment history and EPFO contributions.
Employee and EPFO history for Higher Education Financing Agency
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Higher Education Financing Agency
GST registrations and filing compliance for Higher Education Financing Agency
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Higher Education Financing Agency
Credit ratings, litigation, and regulatory alerts for Higher Education Financing Agency
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Higher Education Financing Agency
MSME payment history for Higher Education Financing Agency
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Higher Education Financing Agency
Corporate group structure for Higher Education Financing Agency
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Higher Education Financing Agency
MCA filings and documents for Higher Education Financing Agency
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Higher Education Financing Agency
Frequently Asked Questions about Higher Education Financing Agency
Higher Education Financing Agency is an active private not for profit company in the financial services sector based in Bangalore Urban, Karnataka, India. It was incorporated on 31 May 2017 (9+ years old) and is registered under CIN U74999KA2017NPL103474.
Higher Education Financing Agency reported revenue of ₹589.34 Cr for FY 2022 (down 1.35% YoY).
The current directors of Higher Education Financing Agency are:
- Bhaskar Ramamurthi - Nominee Director
- Rishikesha Thiruvenkata Krishnan - Nominee Director
- Thophic Mobbin Mahammad - Managing Director
- Ashok Misra - Director
- Vineet Joshi - Nominee Director
- Virander Singh Chauhan - Director
- Bhavendra Kumar - Nominee Director
The primary industry of Higher Education Financing Agency is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Higher Education Financing Agency can be reached at the registered office: Stock Exchange Towers No. 51 1St Floor 1St Cross Jc Road, Bangalore Urban, Karnataka, India – 560027, or through the website hefa.co.in.
The authorised capital is ₹10,000 Cr, and the paid-up capital is ₹5,293.75 Cr.