About Iitb-Wustl Research and Educational Academy
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Iitb-Wustl Research and Educational Academy is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 31 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015NPL267052. Its GSTIN is 27AADCI8984R1ZF (Maharashtra).
It is led by directors including Shireesh Balwant Kedare and Anjan Virbhadra Thakor.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Indian Institute Of Technology Bombay A. S. Marg Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.26 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹35.31 Lakh (net margin 1.9%) and EBITDA of ₹38.3 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 23% over five years.
The company is associated with 1 brand: Iitb Wustl.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iitb-wustl.org.
Company details
Contact details
Iitb-Wustl Research and Educational Academy's registered office is in Mumbai, Maharashtra. Its website is iitb-wustl.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O. Indian Institute Of Technology Bombay A. S. Marg Powai, Mumbai, Maharashtra, India – 400076
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Iitb-Wustl Research and Educational Academy, 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
Brands
Iitb-Wustl Research and Educational Academy operates one associated brand: Iitb Wustl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| iitb-wustl.org |
Business activity
The main business activity of Iitb-Wustl Research and Educational Academy is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Iitb-Wustl Research and Educational Academy, buy the company report.
Financials of Iitb-Wustl Research and Educational Academy
FY 2025 filings availableIitb-Wustl Research and Educational Academy reported revenue of ₹18.26 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 127% 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 | ₹38.3 Lakh | ||||
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| Net Profit (PAT) | ₹35.31 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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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Iitb-Wustl Research and Educational Academy, buy the company report.
Board of directors of Iitb-Wustl Research and Educational Academy
Iitb-Wustl Research and Educational Academy has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shireesh Balwant Kedare Also directs: Qmet Tech Foundation, Tih Foundation for Iot and Ioe, Bharatgen Technology Foundation and 4 more | Nominee Director | 07 May 2024 | 2 Years 6 Months | Current |
| Anjan Virbhadra Thakor | Nominee Director | 04 Sep 2023 | 3 Years 2 Months | Current |
| Milind Diwakar Atrey Also directs: Qmet Tech Foundation, Tih Foundation for Iot and Ioe, Bharatgen Technology Foundation and 5 more | Nominee Director | 28 Aug 2024 | 2 Years 2 Months | Current |
| Markus Baer | Nominee Director | 24 Jul 2024 | 2 Years 3 Months | Current |
| Michael James Mazzeo | Nominee Director | 24 Jul 2024 | 2 Years 3 Months | Current |
| Mahendra Gupta Ramratan | Nominee Director | 04 Sep 2023 | 3 Years 2 Months | Current |
Peer comparison
Iitb-Wustl Research and Educational Academy is compared with the 3 companies closest to it by revenue in the Education industry (K12 and Higher Education), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eclectic Mind Labs Private Limited | ₹18.39 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India | |||
| Iitb-Wustl Research and Educational Academythis company | ₹18.26 Cr (FY 2025) | ₹35.31 Lakh | 1.9% | -1.0% | Mumbai, Maharashtra, India | |
| Apeejay Stya Education Foundation | ₹18.25 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Vedica Foundation | ₹17.5 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India |
To see the full peer comparison of Iitb-Wustl Research and Educational Academy, buy the company report.
Auditor
Iitb-Wustl Research and Educational Academy is audited by D S K & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S K & ASSOCIATES | FY 2021 | 117710W |
Shareholding
The shareholding of Iitb-Wustl Research and Educational Academy is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public |
To see the full shareholding pattern of Iitb-Wustl Research and Educational Academy, buy the company report.
Legal cases
No court or tribunal cases involving Iitb-Wustl Research and Educational Academy 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 Iitb-Wustl Research and Educational Academy; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iitb-Wustl Research and Educational Academy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI8984R1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iitb-Wustl Research and Educational Academy, buy the company report.
Recent activity
Iitb-Wustl Research and Educational Academy has 27 board changes on record since 2017: 11 appointments and 16 cessations. The latest: Ravindra Dheerendra Gudi was appointed as Nominee Director on 18 Nov 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Iitb-Wustl Research and Educational Academy is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 31 July 2015 (11+ years old) and is registered under CIN U74120MH2015NPL267052.
Iitb-Wustl Research and Educational Academy has 9 current directors:
- Shireesh Balwant Kedare - Nominee Director
- Anjan Virbhadra Thakor - Nominee Director
- Milind Diwakar Atrey - Nominee Director
- Markus Baer - Nominee Director
- Michael James Mazzeo - Nominee Director
- Mahendra Gupta Ramratan - Nominee Director
- Dinesh Sharma - Nominee Director
- Suvarn Subhash Kulkarni - Nominee Director
- Ravindra Dheerendra Gudi - Nominee Director
The latest financial statements of Iitb-Wustl Research and Educational Academy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Iitb-Wustl Research and Educational Academy is 27AADCI8984R1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iitb-Wustl Research and Educational Academy is U74120MH2015NPL267052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iitb-Wustl Research and Educational Academy was incorporated on 31 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Iitb-Wustl Research and Educational Academy by revenue are Eclectic Mind Labs Private Limited, Apeejay Stya Education Foundation, Vedica Foundation, all in the Education industry (K12 and Higher Education), with the same principal business activity (higher education, technical & vocational education).
Ravindra Dheerendra Gudi was appointed as Nominee Director on 18 Nov 2025. Dinesh Sharma was appointed as Nominee Director on 05 Jul 2025. Sonti Venkata Durga Nageswara Rao ceased to be Nominee Director on 05 Jul 2025. Iitb-Wustl Research and Educational Academy has 27 board changes on record in total.
Iitb-Wustl Research and Educational Academy can be reached through the website iitb-wustl.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Iitb-Wustl Research and Educational Academy is at CO. Indian Institute Of Technology Bombay A. S. Marg Powai, Mumbai, Maharashtra, India – 400076.
Iitb-Wustl Research and Educational Academy operates in the education industry, in the k-12 and higher education institutions segment.
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