About Knowledgehut Solutions Private Limited
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Knowledgehut Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Upgrad Education Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the corporate training and development segment of the education sector. It was incorporated on 19 July 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC404734. Its GSTIN is 29AAECC4762E1ZN (Karnataka). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.58 Lakh. It was formerly known as Connaissanceshut Training and Consulting Private Limited. It was led by directors Mayank Kumar and Gaurav Kumar.
Its last annual general meeting (AGM) was held on 15 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹55.23 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹98.92 Cr (net margin -179.1%) and EBITDA of -₹86.47 Cr (EBITDA margin -156.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 3% over five years.
The company had about 483 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Agile Global Event and KnowledgeHut. As per MCA filings, the company had satisfied charges of ₹1 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 9 deals on record (6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹115.24 Cr; the latest was in August 2023. The company has 5 MSME Form 1 returns on record between 2020 and 2023, listing 14 overdue payments to 7 micro and small suppliers.
The last known website on record is knowledgehut.com.
Company details
CIN history
Knowledgehut Solutions has one previous CIN (Corporate Identification Number): U74999KA2011PTC059637. The current CIN is U74999MH2011PTC404734, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2011PTC404734 | Current |
| U74999KA2011PTC059637 | Previous |
Contact details
Knowledgehut Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is knowledgehut.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNishuvi Ground Floor 75, Dr. Annie Besant Road Worli India, Mumbai, Maharashtra, India – 400018
- IndustryEducation, Corporate Training & Development
To see the full contact details of Knowledgehut Solutions 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
Knowledgehut Solutions operates two associated brands: Agile Global Event and KnowledgeHut. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Professional certification training is delivered via classrooms and virtual sessions. | knowledgehut.com | |
| Agile events, training, and certification services provided globally. | estellaprojects.com |
Business activity
The main business activity of Knowledgehut Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Knowledgehut Solutions Private Limited, buy the company report.
Financials of Knowledgehut Solutions Private Limited
FY 2023 filings availableKnowledgehut Solutions Private Limited reported revenue of ₹55.23 Cr (up 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 216% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹55.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹86.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹98.92 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 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -156.6% | ||||
| Net Profit Margin | -179.1% | ||||
| 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 Knowledgehut Solutions Private Limited, buy the company report.
Board of directors of Knowledgehut Solutions Private Limited
Knowledgehut Solutions has 2 current directors and 8 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 | Additional Director | 18 Dec 2023 | 2 Years 10 Months | As last reported |
| Mayank Kumar Also directs: Borderplus Careers Technologies Private Limited, Upgrad Learnings Private Limited, Upgrad Education Private Limited and 5 more | Director | 24 Aug 2021 | 5 Years 2 Months | As last reported |
Auditor
Knowledgehut Solutions Private Limited is audited by S. R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Associates LLP | FY 2023 | 101049W |
Shareholding
The shareholding of Knowledgehut Solutions Private Limited is on record for 5 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 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Knowledgehut Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2015 | 10586853 | Axis Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Knowledgehut Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Knowledgehut Solutions Private Limited has 9 deals on record (6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹115.24 Cr; the latest was in August 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Upgrad Education Private Limited , Upgrad Education Private Limited & Mayank Kumar Seller: Quebec Tech Solutions Private Limited , Quebec Tech Solutions Private Limited & Aditya Sree Ram Ji Magapu |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Quebec Tech Solutions Private Limited Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Knowledgehut Solutions 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
Knowledgehut Solutions Private Limited has 5 court cases on record: 3 filed by Knowledgehut Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Guerrilla Infra Solutions Pvt.Ltd. | Disposed |
| NCLT, New Delhi Bench Court-III | Petition | Filed by the company against Upgrad Education Private Limited | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Knowledgehut Solutions 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
Knowledgehut Solutions Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 14 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nuvepro Technologies Private Limited | |||
| Edwiser Online Learning Private Limited | |||
| Greytip Software Private Limited | |||
| an individual supplier | |||
| White Matter Advisory India Private Limited |
To see the full MSME payment records of Knowledgehut Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Knowledgehut Solutions Private Limited has a workforce of 483 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Knowledgehut Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC4762E1ZN | Karnataka | Active | 01 Jul 2017 |
| 36AAECC4762E1ZS | Telangana | Active | 08 Feb 2018 |
To see the full GST registrations and return filing status of Knowledgehut Solutions Private Limited, buy the company report.
Recent activity
Knowledgehut Solutions Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Gaurav Kumar was appointed as Additional Director on 18 Dec 2023.
3 earlier events are in the company report.
News
Frequently asked questions
Knowledgehut Solutions 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.
Knowledgehut Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in corporate training and development, within the education industry. It was incorporated on 19 July 2011 and is registered under CIN U74999MH2011PTC404734. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Knowledgehut Solutions was incorporated on 19 July 2011. It is registered with the Registrar of Companies, Mumbai.
Knowledgehut Solutions had 2 directors:
- Gaurav Kumar - Additional Director
- Mayank Kumar - Director
The CIN (Corporate Identification Number) of Knowledgehut Solutions is U74999MH2011PTC404734. 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 Knowledgehut Solutions is at Nishuvi Ground Floor 75, Dr. Annie Besant Road Worli India, Mumbai, Maharashtra, India – 400018.
Knowledgehut Solutions can be reached through the website knowledgehut.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Knowledgehut Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 November 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Knowledgehut Solutions is 29AAECC4762E1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAECC4762E1ZS (Telangana).
Knowledgehut Solutions operated in the education industry, in the corporate training and development segment.
Knowledgehut Solutions has 9 deals on record (6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹115.24 Cr; the latest was in August 2023.