
About IIT Bombay Alumni Association
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IIT Bombay Alumni Association is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 17 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91120MH2001NPL132741. Its GSTIN is 27AAACI9126L1ZA (Maharashtra).
It is led by directors including Sandeep Dandade and Advait Kurlekar.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gulmohar Building Iit Bombay Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹4.56 Lakh (net margin -3.2%) and EBITDA of ₹65.24 Lakh (EBITDA margin 45.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 14% 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 iitbombay.org.
Company details
CIN history
IIT Bombay Alumni Association has one previous CIN (Corporate Identification Number): L91120MH2001NPL132741. The current CIN is U91120MH2001NPL132741, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91120MH2001NPL132741 | Current |
| L91120MH2001NPL132741 | Previous |
Contact details
IIT Bombay Alumni Association's registered office is in Mumbai, Maharashtra. Its website is iitbombay.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGulmohar Building Iit Bombay Powai, Mumbai, Maharashtra, India – 400076
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of IIT Bombay Alumni Association, 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
Financials of IIT Bombay Alumni Association
FY 2025 filings availableIIT Bombay Alumni Association reported revenue of ₹1.45 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 43% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹65.24 Lakh | ||||
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| Net Profit (PAT) | -₹4.56 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 45.1% | ||||
| Net Profit Margin | -3.2% | ||||
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To see the full financial statements and ratios of IIT Bombay Alumni Association, buy the company report.
Board of directors of IIT Bombay Alumni Association
IIT Bombay Alumni Association has 9 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Dandade Also directs: Cerebra Events LLP | Director | 26 Aug 2023 | 3 Years 2 Months | Current |
| Advait Kurlekar Also directs: Sakthi Finance Limited, Pradeep Metals Limited, Traveltime Mobility India Private Limited and 2 more | Director | 28 Aug 2021 | 5 Years 2 Months | Current |
| Avishma Matta Also directs: Ecoactive Products LLP | Director | 28 Aug 2022 | 4 Years 2 Months | Current |
| Manish Kishore Vora Also directs: Abacusdotai India Private Limited | Director | 28 Aug 2022 | 4 Years 2 Months | Current |
| Nikhil Vikas Sahasrabudhe | Director | 26 Aug 2024 | 2 Years 2 Months | Current |
| Devendra Kumar Agrawal Also directs: Dexter Investment Managers LLP, Dexter Capital Advisors Private Limited, Instaoffice Business Solutions Private Limited and 1 more | Director | 26 Aug 2023 | 3 Years 2 Months | Current |
Auditor
IIT Bombay Alumni Association is audited by D.S.K. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S.K. & ASSOCIATES | FY 2023 | 0117710W |
Shareholding
The shareholding of IIT Bombay Alumni Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of IIT Bombay Alumni Association, buy the company report.
Legal cases
No court or tribunal cases involving IIT Bombay Alumni Association 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 IIT Bombay Alumni Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
IIT Bombay Alumni Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI9126L1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of IIT Bombay Alumni Association, buy the company report.
Recent activity
IIT Bombay Alumni Association has 52 board changes on record since 2008: 10 appointments and 42 cessations. The latest: Sudhir Jayram Nikam ceased to be Director on 23 Aug 2025.
43 earlier events are in the company report.
Frequently asked questions
IIT Bombay Alumni Association is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 17 July 2001 (25+ years old) and is registered under CIN U91120MH2001NPL132741.
IIT Bombay Alumni Association has 9 current directors:
- Sandeep Dandade - Director
- Advait Kurlekar - Director
- Avishma Matta - Director
- Manish Kishore Vora - Director
- Nikhil Vikas Sahasrabudhe - Director
- Devendra Kumar Agrawal - Director
- Ashok Shrinath Kalbag - Director
- Shreya Agrawal - Director
- Sunay Sanjeev Wagle - Director
The latest financial statements of IIT Bombay Alumni Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of IIT Bombay Alumni Association is 27AAACI9126L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of IIT Bombay Alumni Association is U91120MH2001NPL132741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IIT Bombay Alumni Association was incorporated on 17 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudhir Jayram Nikam ceased to be Director on 23 Aug 2025. Sunay Sanjeev Wagle was appointed as Director on 23 Aug 2025. Ashok Shrinath Kalbag was appointed as Director on 26 Aug 2024. IIT Bombay Alumni Association has 52 board changes on record in total.
IIT Bombay Alumni Association can be reached through the website iitbombay.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of IIT Bombay Alumni Association is at Gulmohar Building Iit Bombay Powai, Mumbai, Maharashtra, India – 400076.
IIT Bombay Alumni Association operates in the education and learning industry, in the educational support services segment.

