About IIT Kanpur Development Foundation
Data last updated:
IIT Kanpur Development Foundation is a private not for profit company based in Kanpur, Uttar Pradesh, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 07 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U80211UP2020NPL132334.
It is led by directors including Venkat Rama Mohan Reddy Bodanapu and Rajiv Shanti Swarup.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iit Kanpur Kalyanpur, Uttar Pradesh, India – 208016.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.52 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹5.87 Lakh (net margin -0.9%) and EBITDA of ₹12.26 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 183% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indian Institute of Technology Kanpur.
For more details, the company can be reached via its website iitk.ac.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIit Kanpur Kalyanpur, Uttar Pradesh, India – 208016
- IndustryTravel and Hospitality, Consumer Professional Services
- 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 of IIT Kanpur Development Foundation
The main business activity of IIT Kanpur Development Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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
Verified entity values are shown only after access is granted.
Financials of IIT Kanpur Development Foundation FY 2025 filings available
IIT Kanpur Development Foundation reported revenue of ₹6.52 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of IIT Kanpur Development Foundation
Revenue has grown at a compounded annual rate (CAGR) of 183% over three years, including 40% growth in the latest year. EBITDA fell 61% 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 of IIT Kanpur Development Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹12.26 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.87 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 of IIT Kanpur Development Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• |
| 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 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 IIT Kanpur Development Foundation are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of IIT Kanpur Development Foundation
IIT Kanpur Development Foundation is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geocoal Engineering Private Limited | ₹6.54 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Dhanbad, Jharkhand, India |
| Lacon Quality Certification Private Limited | ₹6.54 Cr (FY 2025) | •••• | •••• | 209.0% | •••• | Pathanamthitta, Kerala, India |
| Corporate Interiors Private Limited | ₹6.53 Cr (FY 2025) | •••• | •••• | 144.0% | •••• | New Delhi, Delhi, India |
| Mediviz Pharma Services Private Limited | ₹6.53 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Babashivam Event & Ventures Private Limited | ₹6.52 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Bilasi Town, Deoghar, Jharkhand, India |
| IIT Kanpur Development Foundation this company | ₹6.52 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Kanpur, Uttar Pradesh, India |
| Maharshi Industries Private Limited | ₹6.52 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Gujarat, India |
| Quipper Research Private Limited | ₹6.51 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Srujan Interiors & Architects Private Limited | ₹6.51 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Sangli, Maharashtra, India |
| Chandraprabhu Enterprise Private Limited | ₹6.51 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Puducherry, India |
| Rudras Interior Point Private Limited | ₹6.51 Cr (FY 2023) | •••• | •••• | 219.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below IIT Kanpur Development Foundation by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of IIT Kanpur Development Foundation
IIT Kanpur Development Foundation is audited by KRISHNAGOVIND&CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRISHNAGOVIND&CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of IIT Kanpur Development Foundation
IIT Kanpur Development Foundation has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkat Rama Mohan Reddy Bodanapu | Director | 25 Feb 2021 | 5 Years 7 Months | Current |
| Rajiv Shanti Swarup | Director | 25 Feb 2021 | 5 Years 7 Months | Current |
| Rajeev Ranjan Kumar | Director | 25 Apr 2022 | 4 Years 5 Months | Current |
| Amey Karkare Also directs: Sarvshixiit Private Limited | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Braj Bhushan | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Manindra Agarwal | Director | 08 May 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of IIT Kanpur Development Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of IIT Kanpur Development Foundation
IIT Kanpur Development Foundation does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with IIT Kanpur Development Foundation
IIT Kanpur Development Foundation operates one associated brand: Indian Institute of Technology Kanpur. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple engineering courses and degrees are offered at the institute. | iitk.ac.in |
Employees and EPFO Compliance at IIT Kanpur Development Foundation
Employment history and EPFO contributions of people linked to IIT Kanpur Development Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on IIT Kanpur Development Foundation
IIT Kanpur Development Foundation has 14 board changes on record since 2020: 10 appointments and 4 cessations. The latest: Kantesh Balani ceased to be Director on 25 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for IIT Kanpur Development Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by IIT Kanpur Development Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of IIT Kanpur Development Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of IIT Kanpur Development Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of IIT Kanpur Development Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about IIT Kanpur Development Foundation
Frequently Asked Questions about IIT Kanpur Development Foundation
IIT Kanpur Development Foundation is an active private not for profit company based in Kanpur, Uttar Pradesh, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 07 August 2020 (6+ years old) and is registered under CIN U80211UP2020NPL132334.
IIT Kanpur Development Foundation reported revenue of ₹6.52 Cr for FY 2024 (up 40% YoY).
IIT Kanpur Development Foundation has 6 current directors:
- Venkat Rama Mohan Reddy Bodanapu - Director
- Rajiv Shanti Swarup - Director
- Rajeev Ranjan Kumar - Director
- Amey Karkare - Director
- Braj Bhushan - Director
- Manindra Agarwal - Director
IIT Kanpur Development Foundation reported a net loss of ₹5.87 Lakh (net margin -0.9%) and EBITDA of ₹12.26 Lakh (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of IIT Kanpur Development Foundation is 183% over three years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of IIT Kanpur Development Foundation is U80211UP2020NPL132334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IIT Kanpur Development Foundation was incorporated on 07 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of IIT Kanpur Development Foundation by revenue are Geocoal Engineering Private Limited, Lacon Quality Certification Private Limited, Corporate Interiors Private Limited, Mediviz Pharma Services Private Limited, Babashivam Event & Ventures Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Kantesh Balani ceased to be Director on 25 Sep 2024. Amey Karkare was appointed as Director on 14 Jun 2024. Braj Bhushan was appointed as Director on 14 Jun 2024. IIT Kanpur Development Foundation has 14 board changes on record in total.
IIT Kanpur Development Foundation can be reached through the website iitk.ac.in. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of IIT Kanpur Development Foundation is at Iit Kanpur Kalyanpur, Uttar Pradesh, India – 208016.