- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0006465

About Ibooks Institute Private Limited
Data last updated:
Ibooks Institute Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the elearning and digital education segment of the education sector. It was incorporated on 27 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U80903OR1995PTC004282. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹63.05 Lakh. It was formerly known as Books Institute Private Limited. It is led by directors Shubhrakant Shadangi and Swagatika Shadangi.
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 F – 36 Bjb Nagar, Bhubaneswar, Odisha, India – 751014.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.21 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹24.16 Lakh (net margin -19.9%) and EBITDA of -₹6.46 Lakh (EBITDA margin -5.3%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 43% over five years.
The company is associated with 1 brand: iBooks. As per MCA filings, the company has satisfied charges of ₹25.03 Cr on record. Court records list 30 cases involving the company, including 3 filed by the company and 27 filed against it; 16 cases are pending.
Ibooks Institute Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0006465). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibks.in.
Company details
Recognitions & Rankings of Ibooks Institute
Contact details
Ibooks Institute Private Limited's registered office is in Bhubaneswar, Odisha. Its website is ibks.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 36 Bjb Nagar, Bhubaneswar, Odisha, India – 751014
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Ibooks Institute 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
Business activity
The main business activity of Ibooks Institute is trade. In detail, this covers retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ibooks Institute Private Limited, buy the company report.
Financials of Ibooks Institute Private Limited
FY 2024 filings availableIbooks Institute Private Limited reported revenue of ₹1.21 Cr (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 26% fall in the latest year. EBITDA fell 186% 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 | ₹1.21 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹6.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.16 Lakh | ||||
| 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 | -5.3% | ||||
| Net Profit Margin | -19.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ibooks Institute Private Limited, buy the company report.
Board of directors of Ibooks Institute Private Limited
Ibooks Institute has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhrakant Shadangi Also directs: Books Cybertech Private Limited, Books Infobowls Private Limited, Books Database Private Limited and 4 more | Director | 27 Dec 1995 | 30 Years 10 Months | Current |
| Swagatika Shadangi Also directs: Books Cybertech Private Limited, Books Infobowls Private Limited, Books Database Private Limited and 5 more | Director | 18 Dec 2004 | 21 Years 10 Months | Current |
Peer comparison
Ibooks Institute Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (E Learning), 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 |
|---|---|---|---|---|---|---|
| Niyashi Edtech Private Limited | ₹1.25 Cr (FY 2025) | -25.0% | Delhi, India | |||
| Seso Networks Private Limited | ₹1.23 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| Ibooks Institute Private Limitedthis company | ₹1.21 Cr (FY 2023) | -₹24.16 Lakh | -19.9% | -26.0% | Bhubaneswar, Odisha, India | |
| Infinive Private Limited | ₹1.21 Cr (FY 2023) | 173.0% | Kolkata, West Bengal, India | |||
| Careerorbits Eportals Private Limited | ₹1.19 Cr (FY 2024) | 14.0% | New Delhi, Delhi, India | |||
| Thinkspace Edutech Private Limited | ₹1.19 Cr (FY 2025) | -71.0% | Kollam, Kerala, India |
To see the full peer comparison of Ibooks Institute Private Limited, buy the company report.
Auditor
Ibooks Institute Private Limited is audited by BHUSHAN KHOT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUSHAN KHOT & CO | FY 2023 | 0116888W |
Shareholding
The shareholding of Ibooks Institute 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ibooks Institute Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2018 | 100182912 | Yes Bank Limited | ₹9.81 Cr | Satisfied | |
| 11 Feb 2015 | 10564589 | Axis Bank Limited | ₹4.85 Cr | Satisfied | |
| 18 Sep 2010 | 10247492 | Others | ₹8.23 Cr | Satisfied | |
| 08 Apr 2002 | 90078387 | State Bank of India | ₹2.14 Cr | Satisfied |
To see the full charge records of Ibooks Institute Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ibooks Institute Private Limited has 30 court cases on record: 3 filed by Ibooks Institute, 27 filed against it. 16 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 26 | 16 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Ltd | Pending |
To see the full case history of Ibooks Institute 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 Ibooks Institute Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ibooks Institute has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ibooks Institute Private Limited, buy the company report.
Recent activity
Ibooks Institute Private Limited has 6 board changes on record since 1995: 2 appointments and 4 cessations. The latest: Sanjukta Shadangi ceased to be Director on 21 Dec 2023.
9 earlier events are in the company report.
Frequently asked questions
Ibooks Institute is an active private limited company based in Bhubaneswar, Odisha, India. The company works in elearning and digital education, within the education industry. It was incorporated on 27 December 1995 (31+ years old) and is registered under CIN U80903OR1995PTC004282.
Ibooks Institute has 2 current directors:
- Shubhrakant Shadangi - Director
- Swagatika Shadangi - Director
The latest financial statements of Ibooks Institute 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.
No. Ibooks Institute has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ibooks Institute is U80903OR1995PTC004282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibooks Institute has 30 court cases on record: 3 filed by the company and 27 filed against it. 16 are pending. Most are in the district courts.
Ibooks Institute was incorporated on 27 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ibooks Institute by revenue are Niyashi Edtech Private Limited, Seso Networks Private Limited, Infinive Private Limited, Careerorbits Eportals Private Limited, Thinkspace Edutech Private Limited, all in the Education industry (E Learning), with the same principal business activity (educational support services).
Sanjukta Shadangi ceased to be Director on 21 Dec 2023. Sucharita Mahapatra ceased to be Director on 14 Jul 2023. Satyasai Panigrahy ceased to be Director on 21 Jun 2020. Ibooks Institute has 6 board changes on record in total.
Yes, Ibooks Institute is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0006465).
Ibooks Institute can be reached through the website ibks.in. Its registered office is in Bhubaneswar, Odisha, India.

