About Impartus Innovations Private Limited
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Impartus Innovations Private Limited was a private limited company based in Bengaluru, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the edtech solutions segment of the education sector. It was incorporated on 26 December 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC154276. Its GSTIN is 29AADCI4307A1Z1 (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹80 Lakh and a paid-up capital of ₹3.69 Lakh. It was led by directors Gaurav Kumar and Amit Mahensaria.
Its last annual general meeting (AGM) was held on 07 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.884 6th & 7th Main 22nd Cross Sector – 7 Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.22 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Cr (net margin 10.3%) and EBITDA of ₹3.76 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 46% over five years.
The company had about 269 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Impartus. The company has 8 deals on record (4 funding rounds, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹48.39 Cr; the latest was in March 2022. Its 4 peer companies in the Education industry (Education Technology), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 2 smaller; the largest is Mindlogicx Infratec Limited with revenue of ₹17.46 Cr.
The last known website on record is impartus.com.
Company details
CIN history
Impartus Innovations has one previous CIN (Corporate Identification Number): U72200HR2013PTC051423. The current CIN is U72200KA2013PTC154276, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2013PTC154276 | Current |
| U72200HR2013PTC051423 | Previous |
Contact details
Impartus Innovations Private Limited's registered office is in Bengaluru, Karnataka. Its website is impartus.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.884 6th & 7th Main 22nd Cross Sector – 7 Hsr Layout, Bengaluru, Karnataka, India – 560102
- IndustryEducation, EdTech Solutions
To see the full contact details of Impartus Innovations Private Limited, 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
Impartus Innovations operates one associated brand: Impartus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online virtual classes platform is offered for schools and colleges. | impartus.com |
Financials of Impartus Innovations Private Limited
FY 2021 filings availableImpartus Innovations Private Limited reported revenue of ₹17.22 Cr (up 102% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 102% growth in the latest year. EBITDA fell 97% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.22 Cr | ||||
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| EBITDA | ₹3.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.77 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Impartus Innovations Private Limited, buy the company report.
Board of directors of Impartus Innovations Private Limited
Impartus Innovations has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Kumar Also directs: Zenstrat Consulting LLP | Director | 29 May 2021 | 5 Years 5 Months | As last reported |
| Amit Mahensaria | Director | 29 May 2021 | 5 Years 5 Months | As last reported |
Peer comparison
Impartus Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Education Technology), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mindlogicx Infratec Limited | ₹17.46 Cr (FY 2025) | -28.0% | Bangalore, Karnataka, India | |||
| Bulls Eye Knowledge System Limited | ₹17.43 Cr (FY 2025) | 23.0% | Chandigarh, India | |||
| Impartus Innovations Private Limitedthis company | ₹17.22 Cr (FY 2021) | ₹1.77 Cr | 10.3% | 102.0% | 269 | Bengaluru, Karnataka, India |
| Almabetter Edutech Private Limited | ₹17.02 Cr (FY 2025) | -35.0% | Bangalore, Karnataka, India | |||
| Thinkfirst Education Private Limited | ₹16.33 Cr (FY 2025) | 42.0% | Pune, Maharashtra, India |
To see the full peer comparison of Impartus Innovations Private Limited, buy the company report.
Auditor
Impartus Innovations Private Limited is audited by GURU & JANA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURU & JANA | FY 2021 | 006826S |
Shareholding
The shareholding of Impartus Innovations Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Impartus Innovations Private Limited, buy the company report.
Deals & funding
Impartus Innovations Private Limited has 8 deals on record (4 funding rounds, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹48.39 Cr; the latest was in March 2022.
Deals on record (4 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹11.35 Cr | Investors: Upgrad Education Private Limited |
| Dec 2014 | Funding round · Series A | ₹10 Cr | Investors: Kaizen Private Equity |
| Nov 2014 | Funding round · Pre-Series A | ₹13 Lakh | Investors: 2 individuals |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
To see the full deal history of Impartus Innovations Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Impartus Innovations Private Limited 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 Impartus Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Impartus Innovations Private Limited has a workforce of 269 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Impartus Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI4307A1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Impartus Innovations Private Limited, buy the company report.
Recent activity
Impartus Innovations Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Alok ceased to be Director on 29 May 2021.
Frequently asked questions
Impartus Innovations has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Impartus Innovations was a private limited company based in Bengaluru, Karnataka, India. The company worked in edtech solutions, within the education industry. It was incorporated on 26 December 2013 and is registered under CIN U72200KA2013PTC154276. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Impartus Innovations was incorporated on 26 December 2013. It is registered with the Registrar of Companies, Bangalore.
Impartus Innovations had 2 directors:
- Gaurav Kumar - Director
- Amit Mahensaria - Director
The CIN (Corporate Identification Number) of Impartus Innovations is U72200KA2013PTC154276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Impartus Innovations is at No.884 6th & 7th Main 22nd Cross Sector – 7 Hsr Layout, Bengaluru, Karnataka, India – 560102.
Impartus Innovations can be reached through the website impartus.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Impartus Innovations on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 07 October 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Impartus Innovations is 29AADCI4307A1Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Impartus Innovations operated in the education industry, in the edtech solutions segment.
Impartus Innovations has 8 deals on record (4 funding rounds, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹48.39 Cr; the latest was in March 2022.
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