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Learning Closet Private Limited - education in Modinagar, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹23.68 Cr
▼ 10% YoY
Net profit · FY 2023
₹68.52 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹3.16 Cr
EBITDA margin 13.3%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹6.41 Lakh
Issued & subscribed
Open charges
₹10.32 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
43
Provident fund records
About Learning Closet Private Limited
Data last updated:
Learning Closet Private Limited is a private limited company based in Modinagar, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the elearning and digital education segment of the education sector. It was incorporated on 02 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U80904UP2017PTC092826. Its GSTIN is 09AADCL3065G1ZJ (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹6.41 Lakh. It is led by directors including Vardan Gandhi (Managing Director) and Vivek Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at T – 16 Govindpuri, Modinagar, Uttar Pradesh, India – 201201.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.68 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹68.52 Lakh (net margin 2.9%) and EBITDA of ₹3.16 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 494% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Exampur. As per MCA filings, the company has open charges of ₹10.32 Cr on record. Court records list 28 cases involving the company, including 28 filed against it; 12 cases are pending. The company has 24 deals on record (12 funding rounds, 8 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹33.05 Cr; the latest was in July 2024. Its 7 peer companies in the Education industry (Test Preparation), with the same principal business activity (educational support services) are compared by revenue, 5 larger and 2 smaller; the largest is Triumphant Institute of Management Education Private Ltd. with revenue of ₹30.83 Cr.
Learning Closet Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0023021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exampur.com.
Company details
CIN U80904UP2017PTC092826
Registration Number 092826
Incorporation Date 02 May 2017
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-UP-29-0023021
Recognitions & Rankings of Learning Closet
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-29-0023021
Contact details
Learning Closet Private Limited's registered office is in Modinagar, Uttar Pradesh. Its website is exampur.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressT – 16 Govindpuri, Modinagar, Uttar Pradesh, India – 201201
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Learning Closet Private Limited, buy the company report.
Comprehensive company report
Learning Closet 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
Learning Closet operates one associated brand: Exampur. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Government exam preparation is offered through a mobile platform. | exampur.com |
Financials of Learning Closet Private Limited
FY 2024 filings availableLearning Closet Private Limited reported revenue of ₹23.68 Cr (down 10% YoY) for FY 2023.
Revenue · FY 2023
₹23.68 Cr ▼ 10%
Net profit · FY 2023
₹68.52 Lakh margin 2.9%
EBITDA · FY 2023
₹3.16 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 69%
5 years · compounded
▲ 494%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 40%
5 years · compounded
▲ 171%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 494%. EBITDA rose 133% 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 | ₹23.68 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹68.52 Lakh | ||||
| 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 | 13.3% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Learning Closet Private Limited, buy the company report.
Board of directors of Learning Closet Private Limited
Learning Closet has 3 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 |
|---|---|---|---|---|
| Vardan Gandhi Also directs: Innotekverse Private Limited, Testprep Ventures Private Limited | Managing Director | 02 May 2017 | 9 Years 6 Months | Current |
| Vivek Kumar Also directs: Innotekverse Private Limited, Testprep Ventures Private Limited | Director | 27 Jul 2019 | 7 Years 3 Months | Current |
| Sarin Gandhi Kumar | Director | 02 May 2017 | 9 Years 6 Months | Current |
Peer comparison
Learning Closet Private Limited is compared with the 7 companies closest to it by revenue in the Education industry (Test Preparation), 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 |
|---|---|---|---|---|---|---|
| Triumphant Institute of Management Education Private Ltd. | ₹30.83 Cr (FY 2025) | 4.0% | Secunderabad, Andhra Pradesh, Telangana, India | |||
| Rgone Edtech Solutions Private Limited | ₹30.34 Cr (FY 2025) | 54.0% | Delhi, India | |||
| Endeavor Careers Private Limited | ₹28.82 Cr (FY 2018) | 31.0% | Ahmedabad, Gujarat, India | |||
| Prajnatva Upmyranks Private Limited | ₹26.61 Cr (FY 2023) | 183.0% | Bangalore, Karnataka, India | |||
| Vidyamandir Global Institute Private Limited | ₹24.87 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Learning Closet Private Limitedthis company | ₹23.68 Cr (FY 2023) | ₹68.52 Lakh | 2.9% | -10.0% | 43 | Modinagar, Uttar Pradesh, India |
| Siec Education Private Limited | ₹22.85 Cr (FY 2024) | 78.0% | New Delhi, Delhi, India | |||
| Dr Bhatia Medical Coaching Institute Private Limited | ₹22.59 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Learning Closet Private Limited, buy the company report.
Auditor
Learning Closet Private Limited is audited by ALOK GOEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALOK GOEL & ASSOCIATES | FY 2023 | 006346C |
Shareholding
The shareholding of Learning Closet 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 Learning Closet Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.32 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2024 | 100890119 | Others | ₹40 Lakh | Open | |
| 31 Oct 2023 | 100855967 | Others | ₹40 Lakh | Open | |
| 02 Aug 2023 | 100765357 | Others | ₹8.55 Cr | Open | |
| 25 May 2022 | 100598648 | Others | ₹25 Lakh | Open | |
| 15 Jul 2020 | 100356669 | Hdfc Bank Limited | ₹72 Lakh | Open |
Total charge records: 5 View all charges
Deals & funding
Learning Closet Private Limited has 24 deals on record (12 funding rounds, 8 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹33.05 Cr; the latest was in July 2024.
Total deals
24
Funding rounds
12
Secondary share transfers
8
Convertible or debt financings
3
Rights issue
1
Disclosed funding
₹33.05 Cr
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round | ₹59.9 Lakh | Investors: Solis Innoventures LLP |
| Apr 2024 | Funding round | ₹3.74 Cr | Investors: Solis Innoventures LLP |
| Feb 2024 | Funding round | ₹5.59 Cr | Investors: Upgrad Education Private Limited , Solis Innoventures LLP |
| Aug 2023 | Funding round | ₹8.55 Cr | Investors: Upgrad Education Private Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: AI SV Technologies Private Limited , iLead Power Tech Management Private Limited, 2 individuals Seller: 3 individuals |
To see the full deal history of Learning Closet 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
Learning Closet Private Limited has 28 court cases on record: 28 filed against it. 12 cases are pending and 16 are disposed.
Total cases
28
Filed against the company
28
Pending
12
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 28 | 12 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Mahindra and Mahindra Financial Services Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Clix Capital Services Pvt Ltd | Pending |
To see the full case history of Learning Closet 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 Learning Closet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Learning Closet Private Limited has a workforce of 43 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
-32.81%
GST
Learning Closet has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCL3065G1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
| 07AADCL3065G2ZM | Delhi | Active | 21 Aug 2023 |
To see the full GST registrations and return filing status of Learning Closet Private Limited, buy the company report.
Recent activity
Learning Closet Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Vardan Gandhi ceased to be Director on 15 Jan 2022.
AGM
Learning Closet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Learning Closet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100890119 was registered on 25 Jan 2024.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100855967 was registered on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 855.09 Lakh with Charge ID 100765357 was registered on 02 Aug 2023.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100598648 was registered on 25 May 2022.
Ceased
Vardan Gandhi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 72.00 Lakh with Charge ID 100356669 was registered on 15 Jul 2020.
Ceased
Vivek Kumar ceased to be Additional Director.
Appointed
Vivek Kumar was appointed as Director.
Appointed
Sarin Gandhi Kumar was appointed as Director.
Appointed
Vardan Gandhi was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Learning Closet is an active private limited company based in Modinagar, Uttar Pradesh, India. The company works in elearning and digital education, within the education industry. It was incorporated on 02 May 2017 (9+ years old) and is registered under CIN U80904UP2017PTC092826.
Learning Closet has 3 current directors:
- Vardan Gandhi - Managing Director
- Vivek Kumar - Director
- Sarin Gandhi Kumar - Director
The latest financial statements of Learning Closet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Learning Closet is 09AADCL3065G1ZJ, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AADCL3065G2ZM (Delhi).
The CIN (Corporate Identification Number) of Learning Closet is U80904UP2017PTC092826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Learning Closet has 28 court cases on record: 28 filed against it. 12 are pending.
Learning Closet was incorporated on 02 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
Learning Closet has 24 deals on record (12 funding rounds, 8 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹33.05 Cr; the latest was in July 2024.
The peers of Learning Closet by revenue are Triumphant Institute of Management Education Private Ltd, Rgone Edtech Solutions Private Limited, Endeavor Careers Private Limited, Prajnatva Upmyranks Private Limited, Vidyamandir Global Institute Private Limited and 2 more, all in the Education industry (Test Preparation), with the same principal business activity (educational support services).
Vardan Gandhi ceased to be Director on 15 Jan 2022. Vivek Kumar ceased to be Additional Director on 30 Sep 2019. Vivek Kumar was appointed as Director on 27 Jul 2019. Learning Closet has 5 board changes on record in total.
Yes, Learning Closet is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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