MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0004440
Jaro Toppscholars Private Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.11 Lakh
▲ 55% YoY
Net loss · FY 2024
₹5.31 Cr
Latest filing
EBITDA · FY 2024
-₹45.01 Lakh
EBITDA margin -140.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.04 Cr
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹5.98 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
1
Provident fund records
About Jaro Toppscholars Private Limited
Data last updated:
Jaro Toppscholars Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Jaro Institute Of Technology Management And Research Limited. It operates in the edtech solutions segment of the education sector. It was incorporated on 05 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80902MH2018PTC315408. Its GSTIN is 27AAECJ3634J1ZG (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.04 Cr. It is led by directors Sanjay Namdeo Salunkhe and Ranjita Raman.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11th Floor Vikas Centre Dr C G Road Near Basant Cinema Chembur East, Mumbai, Maharashtra, India – 400074.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.11 Lakh, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹5.31 Cr and EBITDA of -₹45.01 Lakh (EBITDA margin -140.2%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: Jaro Education and Toppscholars. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹5.98 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Jaro Toppscholars Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004440). For more details, the company can be reached via its website jaro.in.
Company details
CIN U80902MH2018PTC315408
Registration Number 315408
Incorporation Date 05 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Jaro Institute Of Technology Management And Research Limited
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0004440
Recognitions & Rankings of Jaro Toppscholars
Contact details
Jaro Toppscholars Private Limited's registered office is in Mumbai, Maharashtra. Its website is jaro.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor Vikas Centre Dr C G Road Near Basant Cinema Chembur East, Mumbai, Maharashtra, India – 400074
- IndustryEducation, EdTech Solutions
To see the full contact details of Jaro Toppscholars Private Limited, buy the company report.
Comprehensive company report
Jaro Toppscholars 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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Secure checkout · GST invoice included
Brands
Jaro Toppscholars operates two associated brands: Jaro Education and Toppscholars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides an online platform for higher education solutions. | jaroeducation.com | |
| An online learning platform tailored for students. | toppscholars.com |
Financials of Jaro Toppscholars Private Limited
FY 2025 filings availableJaro Toppscholars Private Limited reported revenue of ₹32.11 Lakh (up 55% YoY) for FY 2024.
Revenue · FY 2024
₹32.11 Lakh ▲ 55%
Net loss · FY 2024
₹5.31 Cr
EBITDA · FY 2024
-₹45.01 Lakh margin -140.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 56%
5 years · compounded
▲ 1%
Revenue rose 55% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 70% 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 | -₹45.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.31 Cr | ||||
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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 | -140.2% | ||||
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To see the full financial statements and ratios of Jaro Toppscholars Private Limited, buy the company report.
Board of directors of Jaro Toppscholars Private Limited
Jaro Toppscholars has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Namdeo Salunkhe | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Ranjita Raman | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Jaro Toppscholars Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Prepshala Private Limited | ₹33.29 Lakh (FY 2024) | 247.0% | New Delhi, Delhi, India | |||
| Jaro Toppscholars Private Limitedthis company | ₹32.11 Lakh (FY 2024) | -₹5.31 Cr | 55.0% | Mumbai, Maharashtra, India | ||
| Fourth Rev Edu Private Limited | ₹31.86 Lakh (FY 2024) | 447.0% | Teegalguda, Hyderabad, Telangana, India | |||
| Prameya Education Private Limited | ₹30.57 Lakh (FY 2022) | -41.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Jaro Toppscholars Private Limited, buy the company report.
Auditor
Jaro Toppscholars Private Limited is audited by MULANI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MULANI AND ASSOCIATES | FY 2022 | 149319W |
Shareholding
The shareholding of Jaro Toppscholars Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Jaro Toppscholars Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹5.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2019 | 100310905 | Others | ₹1 Cr | Open | |
| 07 Jan 2021 | 100434185 | Others | ₹98.33 Lakh | Satisfied | |
| 24 Dec 2019 | 100310904 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Jaro Toppscholars Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Jaro Toppscholars Private Limited has 1 court case on record: 1 filed by Jaro Toppscholars. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Jaro Toppscholars Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jaro Toppscholars Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jaro Toppscholars has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ3634J1ZG | Maharashtra | Active | 04 Nov 2018 |
| 06AAECJ3634J1ZK | Haryana | Active | 18 Mar 2020 |
To see the full GST registrations and return filing status of Jaro Toppscholars Private Limited, buy the company report.
Recent activity
Jaro Toppscholars Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Rajendra Namdeo Salunkhe ceased to be Director on 28 Jun 2024.
AGM
Jaro Toppscholars Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jaro Toppscholars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Rajendra Namdeo Salunkhe ceased to be Director.
Ceased
Balkrishna Namdeo Salunkhe ceased to be Director.
Charges
A charge registered on 07 Jan 2021 via Charge ID 100434185 with Others was fully satisfied on 05 Jan 2022.
Charges
A charge registered on 24 Dec 2019 via Charge ID 100310904 with Others was fully satisfied on 05 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.98 Cr with Charge ID 100434185 was registered on 07 Jan 2021.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100310905 was registered on 24 Dec 2019.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100310904 was registered on 24 Dec 2019.
Appointed
Ranjita Raman was appointed as Director.
Appointed
Sanjay Namdeo Salunkhe was appointed as Director.
Incorporation
05 Oct 2018
Jaro Toppscholars Private Limited was registered on 05 Oct 2018 with Roc Mumbai I & aged 8 years 18 days as per MCA records.
News
Frequently asked questions
Jaro Toppscholars is an active private limited company based in Mumbai, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U80902MH2018PTC315408.
Jaro Toppscholars has 2 current directors:
- Sanjay Namdeo Salunkhe - Director
- Ranjita Raman - Director
The latest financial statements of Jaro Toppscholars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Jaro Toppscholars is 27AAECJ3634J1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAECJ3634J1ZK (Haryana).
The CIN (Corporate Identification Number) of Jaro Toppscholars is U80902MH2018PTC315408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaro Toppscholars has 1 court case on record: 1 filed by the company.
Jaro Toppscholars was incorporated on 05 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jaro Toppscholars by revenue are Prepshala Private Limited, Fourth Rev Edu Private Limited, Prameya Education Private Limited, all in the Education industry (Education Technology), with the same principal business activity (educational support services).
Rajendra Namdeo Salunkhe ceased to be Director on 28 Jun 2024. Balkrishna Namdeo Salunkhe ceased to be Director on 01 Sep 2022. Ranjita Raman was appointed as Director on 06 Mar 2019. Jaro Toppscholars has 4 board changes on record in total.
Yes, Jaro Toppscholars is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0004440).
Jaro Toppscholars can be reached through the website jaro.in. Its registered office is in Mumbai, Maharashtra, India.