MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0092264
Lakshya Forrum for Competitions Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.95 Cr
▼ 19% YoY
Net loss · FY 2024
₹9.65 Cr
Net margin -42%
EBITDA · FY 2024
-₹2.36 Cr
EBITDA margin -10.3%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹45 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
89
Provident fund records
About Lakshya Forrum for Competitions Private Limited
Data last updated:
Lakshya Forrum for Competitions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mt Educare Ltd. It operates in the business support services segment of the business services sector. It was incorporated on 19 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80301MH2012PTC238011. Its GSTIN is 27AACCL3777A1ZN (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹2 Lakh. It was formerly known as Lakshya Educare Private Limited. It is led by directors including Mahesh Bhaskar Wagh and Roshan Lal Kamboj.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.95 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹9.65 Cr (net margin -42%) and EBITDA of -₹2.36 Cr (EBITDA margin -10.3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 20% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Lakshya Institute and MT Educare. As per MCA filings, the company has open charges of ₹45 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 2 cases are pending.
Lakshya Forrum for Competitions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0092264). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mteducare.com.
Company details
CIN U80301MH2012PTC238011
Registration Number 238011
Incorporation Date 19 November 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Mt Educare Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0092264
Key People
Mahesh Bhaskar Wagh Director Roshan Lal Kamboj Director Dattatraya Kelkar Ramchandra Director Recognitions & Rankings of Lakshya Forrum for Competitions
Contact details
Lakshya Forrum for Competitions Private Limited's registered office is in Mumbai, Maharashtra. Its website is mteducare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address220 2 Ndfloor Flyingcolors Panditdindayalupadhyaymarg L.B.Scrossroad Mulund, (West), Mumbai, Maharashtra, India – 400080
- IndustryBusiness Services, Business Support Services
To see the full contact details of Lakshya Forrum for Competitions Private Limited, buy the company report.
Comprehensive company report
Lakshya Forrum for Competitions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Lakshya Forrum for Competitions operates two associated brands: Lakshya Institute and MT Educare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coaching for engineering and medical entrance exams preparation. | lakshyainstitute.com | |
| Chain of coaching institutes and PU colleges | mteducare.com |
Financials of Lakshya Forrum for Competitions Private Limited
FY 2024 filings availableLakshya Forrum for Competitions Private Limited reported revenue of ₹22.95 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹22.95 Cr ▼ 19%
Net loss · FY 2024
₹9.65 Cr margin -42%
EBITDA · FY 2024
-₹2.36 Cr margin -10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 21%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 19% fall in the latest year. EBITDA rose 35% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.65 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.3% | ||||
| Net Profit Margin | -42% | ||||
| 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 Lakshya Forrum for Competitions Private Limited, buy the company report.
Board of directors of Lakshya Forrum for Competitions Private Limited
Lakshya Forrum for Competitions has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Bhaskar Wagh | Director | 17 Mar 2022 | 4 Years 7 Months | Current |
| Roshan Lal Kamboj Also directs: Ansal Properties and Infrastructure Limited, Gold Laminates (India) Limited, Robomate Edutech Private Limited and 4 more | Director | 23 Apr 2020 | 6 Years 6 Months | Current |
| Dattatraya Kelkar Ramchandra | Director | 20 Feb 2020 | 6 Years 8 Months | Current |
| Surender Singh Also directs: Zee Learn Limited, Labh Ventures India Private Limited, Robomate Edutech Private Limited and 5 more | Director | 23 Apr 2020 | 6 Years 6 Months | Current |
| Sameep Shashikant Pandit | Additional Director | 12 Feb 2025 | 1 Years 8 Months | Current |
| Vishal Pramod Kolpe | Director | 12 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Lakshya Forrum for Competitions Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), 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 |
|---|---|---|---|---|---|---|
| Center for Creative Leadership India Private Limited | ₹23.19 Cr (FY 2025) | 3.0% | Gurgaon, Haryana, India | |||
| Udhyam Learning Foundation | ₹23.17 Cr (FY 2025) | 53.0% | Ulsoor, Karnataka, India | |||
| Lakshya Forrum for Competitions Private Limitedthis company | ₹22.95 Cr (FY 2024) | -₹9.65 Cr | -42% | -19.0% | 89 | Mumbai, Maharashtra, India |
| Funfirst Global Skillers Private Limited | ₹22.75 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Lakshya Forrum for Competitions Private Limited, buy the company report.
Auditor
Lakshya Forrum for Competitions Private Limited is audited by MGB & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGB & CO LLP | FY 2023 | 101169W/W-100035 |
Shareholding
The shareholding of Lakshya Forrum for Competitions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Lakshya Forrum for Competitions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2017 | 100095490 | Others | ₹45 Cr | Open |
To see the full charge records of Lakshya Forrum for Competitions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Lakshya Forrum for Competitions Private Limited has 12 court cases on record: 4 filed by Lakshya Forrum for Competitions, 8 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
4
Filed against the company
8
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
| High courts | 3 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Bright Outdoor Media Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Assets Care & Reconstruction Enterpriselimited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Excel Advertising Pvt Ltd THR Krishna Kobnak | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Lakshya Forrum for Competitions 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
Lakshya Forrum for Competitions Private Limited has 18 MSME Form 1 returns on record between 2017 and 2023, listing 1,495 overdue payments to 15 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 15)
To see the full MSME payment records of Lakshya Forrum for Competitions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lakshya Forrum for Competitions Private Limited has a workforce of 89 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
Employee count
89
Active EPFO establishments
1
Employee growth
-25.21%
GST
Lakshya Forrum for Competitions has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL3777A1ZN | Maharashtra | Active | 01 Jul 2017 |
| 27AACCL3777A2ZM | Maharashtra | Active | 01 Apr 2025 |
| 09AACCL3777A1ZL | Uttar Pradesh | Active | 11 Jul 2017 |
| 03AACCL3777A1ZX | Punjab | Active | 30 Nov 2017 |
To see the full GST registrations and return filing status of Lakshya Forrum for Competitions Private Limited, buy the company report.
Recent activity
Lakshya Forrum for Competitions Private Limited has 18 board changes on record since 2018: 6 appointments and 12 cessations. The latest: Sameep Shashikant Pandit ceased to be Additional Director on 22 Sep 2025.
AGM
Lakshya Forrum For Competitions Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Sameep Shashikant Pandit ceased to be Additional Director.
Ceased
Vishal Pramod Kolpe ceased to be Additional Director.
Appointed
Vishal Pramod Kolpe was appointed as Director.
Appointed
Sameep Shashikant Pandit was appointed as Additional Director.
Filing
Lakshya Forrum For Competitions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 45.00 Cr registered on 12 Apr 2017 with Charge ID 100095490 was modified on 11 Aug 2023.
Ceased
Amit Abhimanyu Choudhary ceased to be Additional Director.
Ceased
Mahesh Bhaskar Wagh ceased to be Additional Director.
Appointed
Mahesh Bhaskar Wagh was appointed as Director.
Ceased
Abhishek Tyagi ceased to be Additional Director.
Ceased
Dattatraya Kelkar Ramchandra ceased to be Additional Director.
11 earlier events are in the company report.
News
Frequently asked questions
Lakshya Forrum for Competitions is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 19 November 2012 (14+ years old) and is registered under CIN U80301MH2012PTC238011.
Lakshya Forrum for Competitions has 6 current directors:
- Mahesh Bhaskar Wagh - Director
- Roshan Lal Kamboj - Director
- Dattatraya Kelkar Ramchandra - Director
- Surender Singh - Director
- Sameep Shashikant Pandit - Additional Director
- Vishal Pramod Kolpe - Director
The latest financial statements of Lakshya Forrum for Competitions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lakshya Forrum for Competitions is 27AACCL3777A1ZN, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AACCL3777A2ZM (Maharashtra), 09AACCL3777A1ZL (Uttar Pradesh), 03AACCL3777A1ZX (Punjab).
The CIN (Corporate Identification Number) of Lakshya Forrum for Competitions is U80301MH2012PTC238011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshya Forrum for Competitions has 12 court cases on record: 4 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Lakshya Forrum for Competitions was incorporated on 19 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lakshya Forrum for Competitions by revenue are Center for Creative Leadership India Private Limited, Udhyam Learning Foundation, Funfirst Global Skillers Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Sameep Shashikant Pandit ceased to be Additional Director on 22 Sep 2025. Vishal Pramod Kolpe ceased to be Additional Director on 22 Sep 2025. Vishal Pramod Kolpe was appointed as Director on 12 Aug 2025. Lakshya Forrum for Competitions has 18 board changes on record in total.
Yes, Lakshya Forrum for Competitions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0092264).
Lakshya Forrum for Competitions has 18 MSME Form 1 returns on record between 2017 and 2023, listing 1,495 overdue payments to 15 micro and small suppliers. The latest return was filed on 13 Nov 2023.
Lakshya Forrum for Competitions can be reached through the website mteducare.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages