Karmyog Education Network Private Limited
About Karmyog Education Network Private Limited
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Karmyog Education Network Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 02 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U80301WB2012PTC173389. Its GSTIN is 19AAECK6451G1ZE (West Bengal).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.14 Lakh. It is led by directors Sourabh J Sarkar and Reena Jiandani Sarkar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ananda Bhavan Mb – 231 Mahish Bathan, Kolkata, West Bengal, India – 700102.
As per the financials filed for FY 2021, the company reported a revenue of ₹28,299, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹77.96 Lakh and EBITDA of -₹15.6 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 72% over five years.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹3 Cr on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.77 Cr; the latest was in June 2015. Its 6 peer companies in the Education industry (Corporate and Commercial Training, Education), with the same principal business activity (educational support services) are compared by revenue, 3 larger and 3 smaller; the largest is Gyan Shakti Education Private Limited with revenue of ₹28,512.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karmyog Education Network Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressAnanda Bhavan Mb – 231 Mahish Bathan, Kolkata, West Bengal, India – 700102
- IndustryEducation, Corporate Training & Development
To see the full contact details of Karmyog Education Network 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
Financials of Karmyog Education Network Private Limited
FY 2021 filings availableKarmyog Education Network Private Limited reported revenue of ₹28,299 (down 90% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 90% fall in the latest year. EBITDA rose 37% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹28,299 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
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To see the full financial statements and ratios of Karmyog Education Network Private Limited, buy the company report.
Board of directors of Karmyog Education Network Private Limited
Karmyog Education Network has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh J Sarkar | Director | 02 Feb 2012 | 14 Years 8 Months | Current |
| Reena Jiandani Sarkar | Director | 02 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Karmyog Education Network Private Limited is compared with the 6 companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education), 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 |
|---|---|---|---|---|---|---|
| Gyan Shakti Education Private Limited | ₹28,512 (FY 2024) | -83.0% | Delhi, India | |||
| Today Education Private Limited | ₹28,504 (FY 2019) | 39.0% | Rohini New, Delhi, India | |||
| Wpu Rise Digital Learning Private Limited | ₹28,400 (FY 2025) | -100.0% | Pune, Maharashtra, India | |||
| Karmyog Education Network Private Limitedthis company | ₹28,299 (FY 2021) | -₹77.96 Lakh | -90.0% | Kolkata, West Bengal, India | ||
| Edugoals Private Limited | ₹28,233 (FY 2024) | -97.0% | Surat, Gujarat, India | |||
| Ekansh Institute of Education Private Limited | ₹28,100 (FY 2025) | 7.0% | Delhi, India | |||
| Global Education Academy Private Limited | ₹28,000 (FY 2025) | -82.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Karmyog Education Network Private Limited, buy the company report.
Auditor
Karmyog Education Network Private Limited is audited by S JAYKISHAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S JAYKISHAN | FY 2021 | 309005E |
Shareholding
The shareholding of Karmyog Education Network Private Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karmyog Education Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2015 | 10581394 | National Skill Development Corporation | ₹3 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Karmyog Education Network Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.77 Cr; the latest was in June 2015.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Funding round | ₹84.8 Lakh | Investors: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Karmyog Finance Education Network Private Limited , an individual Seller: 2 individuals |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Omnivera Learning Solutions Private Limited , an individual Seller: 2 individuals |
To see the full deal history of Karmyog Education Network 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 Karmyog Education Network 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 Karmyog Education Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Karmyog Education Network has 3 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Diwali Multimedia Entertainment & Arts Education Network Private Limited | U74900WB2013PTC191800 | |
| Karmyog Healthcare Education Network Private Limited | U74900WB2013PTC196095 | |
| Integral Teachers Education Network Private Limited | U80300WB2011PTC166205 |
To see the full group structure of Karmyog Education Network Private Limited, buy the company report.
GST
Karmyog Education Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECK6451G1ZE | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karmyog Education Network Private Limited, buy the company report.
Recent activity
Karmyog Education Network Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Charles C Schreiner Jr ceased to be Managing Director on 15 May 2019.
Frequently asked questions
Karmyog Education Network is an active private limited company based in Kolkata, West Bengal, India. The company works in corporate training and development, within the education industry. It was incorporated on 02 February 2012 (14+ years old) and is registered under CIN U80301WB2012PTC173389.
Karmyog Education Network has 2 current directors:
- Sourabh J Sarkar - Director
- Reena Jiandani Sarkar - Director
The latest financial statements of Karmyog Education Network on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Karmyog Education Network is 19AAECK6451G1ZE, registered in West Bengal.
The CIN (Corporate Identification Number) of Karmyog Education Network is U80301WB2012PTC173389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karmyog Education Network was incorporated on 02 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
Karmyog Education Network has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.77 Cr; the latest was in June 2015.
The peers of Karmyog Education Network by revenue are Gyan Shakti Education Private Limited, Today Education Private Limited, Wpu Rise Digital Learning Private Limited, Edugoals Private Limited, Ekansh Institute of Education Private Limited and 1 more, all in the Education industry (Corporate and Commercial Training, Education), with the same principal business activity (educational support services).
Charles C Schreiner Jr ceased to be Managing Director on 15 May 2019. Reena Jiandani Sarkar was appointed as Director on 02 Feb 2012. Sourabh J Sarkar was appointed as Director on 02 Feb 2012.
The registered office of Karmyog Education Network is at Ananda Bhavan Mb – 231 Mahish Bathan, Kolkata, West Bengal, India – 700102.
Karmyog Education Network operates in the education industry, in the corporate training and development segment.