About Icit Education Private Limited
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Icit Education Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 31 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC269741. Its GSTIN is 27AADCI9606A1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santosh Khadtare Bhimrao and Shubhangi Santosh Khadtare.
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 A 204 Samarth Chsl Jawahar Nagar S V Road Goregaon West, Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.58 Lakh, a growth of 122% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Lakh (net margin 3.2%) and EBITDA of ₹2.31 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icit.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA 204 Samarth Chsl Jawahar Nagar S V Road Goregaon West, Mumbai, Maharashtra, India – 400062
- IndustryEducation, Corporate Training & Development
- 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
The main business activity of Icit Education is education. In detail, this covers higher education, technical & vocational education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational 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
Financials of Icit Education Private Limited
FY 2025 filings availableIcit Education Private Limited reported revenue of ₹36.58 Lakh (up 122% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 122% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 6% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹2.31 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.16 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.3% | |
| Net Profit Margin | 3.2% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Icit Education are in the company report.
: available in the company report
Board of Directors of Icit Education Private Limited
Icit Education 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 |
|---|---|---|---|---|
| Shubhangi Santosh Khadtare Also directs: Techvihara Infotech LLP, Icit India Foundation | Additional Director | 01 Mar 2020 | 6 Years 7 Months | Current |
| Santosh Khadtare Bhimrao Also directs: Techvihara Infotech LLP, Icit India Foundation | Director | 31 Oct 2015 | 10 Years 11 Months | Current |
Auditor Details
Icit Education Private Limited is audited by K PAREKH AND CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K PAREKH AND CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Icit Education Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Icit Education.
: available in the company report
Recent Activity
Icit Education Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Subhash Bhimrao Khadtare ceased to be Director on 29 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Icit Education has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI9606A1ZT | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Icit Education is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 31 October 2015 (11+ years old) and is registered under CIN U72900MH2015PTC269741.
Icit Education has 2 current directors:
- Shubhangi Santosh Khadtare - Additional Director
- Santosh Khadtare Bhimrao - Director
The latest financial statements of Icit Education on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Icit Education is 27AADCI9606A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icit Education is U72900MH2015PTC269741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icit Education was incorporated on 31 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Subhash Bhimrao Khadtare ceased to be Director on 29 Jun 2023. Shubhangi Santosh Khadtare was appointed as Additional Director on 01 Mar 2020. Santosh Khadtare Bhimrao was appointed as Director on 31 Oct 2015.
Icit Education can be reached through the website icit.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Icit Education is at A 204 Samarth Chsl Jawahar Nagar S V Road Goregaon West, Mumbai, Maharashtra, India – 400062.
Icit Education operates in the education industry, in the corporate training and development segment.