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Startup India
Indic Education Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹37.58 Lakh
▼ 54% YoY
Net loss · FY 2023
₹1.46 Cr
Net margin -389.8%
EBITDA · FY 2023
-₹1.41 Cr
EBITDA margin -375.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹3.21 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Indic Education Private Limited
Data last updated:
Indic Education Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the educational content providers segment of the education sector. It was incorporated on 18 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC145511. Its GSTIN is 29AAGCI0715B1Z0 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3.21 Lakh. It is led by directors Salil Jose Ambat and Manya Devatha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.58 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹1.46 Cr (net margin -389.8%) and EBITDA of -₹1.41 Cr (EBITDA margin -375.3%).
The company is associated with 1 brand: Indic Education.
Indic Education Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0271639). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiceducation.com.
Company details
CIN U74999KA2021PTC145511
Registration Number 145511
Incorporation Date 18 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0271639
Key People
Salil Jose Ambat Director Manya Devatha Director Recognitions & Rankings of Indic Education
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0271639
Contact details
Indic Education Private Limited's registered office is in Bangalore, Karnataka. Its website is indiceducation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor 7 Block C Unity Building, J C Road, Bangalore, Karnataka, India – 560002
- IndustryEducation, Educational Content Providers
To see the full contact details of Indic Education Private Limited, buy the company report.
Comprehensive company report
Indic Education Private Limited - one report that includes everything
- 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
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Brands
Indic Education operates one associated brand: Indic Education. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers recruitment services for supply teaching staff to local schools. | indiceducation.com |
Financials of Indic Education Private Limited
FY 2023 filings availableIndic Education Private Limited reported revenue of ₹37.58 Lakh (down 54% YoY) for FY 2023.
Revenue · FY 2023
₹37.58 Lakh ▼ 54%
Net loss · FY 2023
₹1.46 Cr margin -389.8%
EBITDA · FY 2023
-₹1.41 Cr margin -375.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
EBITDA CAGR growth
1 year
▼ 509%
Revenue fell 54% in the latest year. EBITDA fell 509% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹37.58 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.41 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.46 Cr | ||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -375.3% | ||
| Net Profit Margin | -389.8% | ||
| 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 | |||
To see the full financial statements and ratios of Indic Education Private Limited, buy the company report.
Board of directors of Indic Education Private Limited
Indic Education has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salil Jose Ambat | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
| Manya Devatha | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Indic Education Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Education, Education Content Providers), 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 |
|---|---|---|---|---|---|---|
| Triton Education & Learning Private Limited | ₹37.79 Lakh (FY 2025) | 19.0% | Secunderabad, Telangana, India | |||
| One Learning Edusphere Private Limited | ₹37.78 Lakh (FY 2025) | -9.0% | Greater Noida West, Uttar Pradesh, India | |||
| Aarnell Education & Training Services Private Limited | ₹37.74 Lakh (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Indic Education Private Limitedthis company | ₹37.58 Lakh (FY 2023) | -₹1.46 Cr | -389.8% | -54.0% | Bangalore, Karnataka, India | |
| Phi Education Solutions Private Limited | ₹37.39 Lakh (FY 2020) | -33.0% | Mumbai, Maharashtra, India | |||
| Learn2think Education Private Limited | ₹37.38 Lakh (FY 2025) | -61.0% | Delhi, India |
To see the full peer comparison of Indic Education Private Limited, buy the company report.
Auditor
Indic Education Private Limited is audited by PRANAV & MAHESH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV & MAHESH | FY 2023 | 017257S |
Shareholding
The shareholding of Indic Education Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indic Education Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indic Education 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 Indic Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indic Education Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Indic Education has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI0715B1Z0 | Karnataka | Active | 09 Jun 2021 |
To see the full GST registrations and return filing status of Indic Education Private Limited, buy the company report.
Recent activity
Indic Education Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Manya Devatha was appointed as Director on 18 Mar 2021.
AGM
Indic Education Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Indic Education Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Manya Devatha was appointed as Director.
Appointed
Salil Jose Ambat was appointed as Director.
Incorporation
18 Mar 2021
Indic Education Private Limited was registered on 18 Mar 2021 with Roc Bangalore & aged 5 years 7 months as per MCA records.
Frequently asked questions
Indic Education is an active private limited company based in Bangalore, Karnataka, India. The company works in educational content providers, within the education industry. It was incorporated on 18 March 2021 (5+ years old) and is registered under CIN U74999KA2021PTC145511.
Indic Education has 2 current directors:
- Salil Jose Ambat - Director
- Manya Devatha - Director
The latest financial statements of Indic Education on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Indic Education is 29AAGCI0715B1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Indic Education is U74999KA2021PTC145511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indic Education was incorporated on 18 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indic Education by revenue are Triton Education & Learning Private Limited, One Learning Edusphere Private Limited, Aarnell Education & Training Services Private Limited, Phi Education Solutions Private Limited, Learn2think Education Private Limited, all in the Education industry (Education, Education Content Providers), with the same principal business activity (educational support services).
Manya Devatha was appointed as Director on 18 Mar 2021. Salil Jose Ambat was appointed as Director on 18 Mar 2021.
Yes, Indic Education is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Indic Education is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0271639).
Indic Education can be reached through the website indiceducation.com. Its registered office is in Bangalore, Karnataka, India.
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