About Iiitb Comet Foundation
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Iiitb Comet Foundation is a private not for profit company based in Bengaluru, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 02 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2020NPL141745.
It is led by directors including Debabrata Das and Chandrashekar Ramanathan.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 26/C Electronic City Hosur Road, Bengaluru, Karnataka, India – 560100.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.91 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.47 Lakh (net margin 0.1%) and EBITDA of ₹24.1 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 332% over three years.
For more details, the company can be reached via its website iiitb.ac.in.
Company details
Contact details
Iiitb Comet Foundation's registered office is in Bengaluru, Karnataka. Its website is iiitb.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address26/C Electronic City Hosur Road, Bengaluru, Karnataka, India – 560100
- IndustryEducation, Corporate Training & Development
To see the full contact details of Iiitb Comet Foundation, 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 Iiitb Comet Foundation is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of Iiitb Comet Foundation
FY 2025 filings availableIiitb Comet Foundation reported revenue of ₹28.91 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 332% over three years, including 30% growth in the latest year. EBITDA rose 79% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.1 Lakh | ||||
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| Net Profit (PAT) | ₹3.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Iiitb Comet Foundation, buy the company report.
Board of directors of Iiitb Comet Foundation
Iiitb Comet Foundation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debabrata Das Also directs: Iiitb Innovation Centre | Director | 12 Jan 2022 | 4 Years 10 Months | Current |
| Chandrashekar Ramanathan Also directs: Iiitb Innovation Centre | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
| Srinath Srinivasa Also directs: Iiitb Innovation Centre | Director | 06 Aug 2021 | 5 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Iiitb Comet Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iiitb Comet Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Iiitb Comet Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Iiitb Comet Foundation has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Debabrata Das ceased to be Additional Director on 15 Sep 2022.
News
Frequently asked questions
Iiitb Comet Foundation is an active private not for profit company based in Bengaluru, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 02 December 2020 (6+ years old) and is registered under CIN U73100KA2020NPL141745.
Iiitb Comet Foundation has 3 current directors:
- Debabrata Das - Director
- Chandrashekar Ramanathan - Director
- Srinath Srinivasa - Director
The latest financial statements of Iiitb Comet Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Iiitb Comet Foundation is U73100KA2020NPL141745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iiitb Comet Foundation was incorporated on 02 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Debabrata Das ceased to be Additional Director on 15 Sep 2022. Debabrata Das was appointed as Director on 12 Jan 2022. Srinath Srinivasa ceased to be Additional Director on 29 Sep 2021. Iiitb Comet Foundation has 6 board changes on record in total.
Iiitb Comet Foundation can be reached through the website iiitb.ac.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Iiitb Comet Foundation is at 26C Electronic City Hosur Road, Bengaluru, Karnataka, India – 560100.
Iiitb Comet Foundation operates in the education industry, in the corporate training and development segment.
Iiitb Comet Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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