About Lets Unbound Education Technology Private Limited
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Lets Unbound Education Technology Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the education and training segment of the education and learning sector. It was incorporated on 24 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U80902MH2021PTC357793. Its GSTIN is 27AAECL5676J1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.08 Lakh. It is led by directors Nishant Chawla and Amol Arvind Patil.
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 Apoorva Apartments Flat No. 201 Nara Road Jaripatka, Nagpur, Maharashtra, India – 440014.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.65 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹35.53 Lakh (net margin -21.6%) and EBITDA of -₹35.53 Lakh (EBITDA margin -21.6%).
The company is associated with 1 brand: Unbound.
For more details, the company can be reached via its website letsunbound.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressApoorva Apartments Flat No. 201 Nara Road Jaripatka, Nagpur, Maharashtra, India – 440014
- IndustryEducation & Learing, Education, Coaching Centres
- 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
- One PDF report, delivered after checkout
Business Activity of Lets Unbound Education Technology Private Limited
The business activities of Lets Unbound Education Technology are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Lets Unbound Education Technology Private Limited FY 2024 filings available
Lets Unbound Education Technology Private Limited reported revenue of ₹1.65 Cr (up 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Lets Unbound Education Technology Private Limited
Revenue rose 67% in the latest year. EBITDA fell 130% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Lets Unbound Education Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹35.53 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹35.53 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 | •••• | •••• | •••• | •••• |
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Financial Ratios of Lets Unbound Education Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21.6% | •••• | •••• | •••• |
| Net Profit Margin | -21.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lets Unbound Education Technology are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education, Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edurecords Education Services Private Limited | ₹1.66 Cr (FY 2018) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Knorish Frameworks Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Gurgaon, Haryana, India |
| Set Education Technology Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | 142.0% | •••• | New Delhi, Delhi, India |
| Bhav Priya Education Services Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Rice Smart Campus Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Lets Unbound Education Technology Private Limited this company | ₹1.65 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Nagpur, Maharashtra, India |
| Virsa the Digital Learning Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Sainik Farm, Delhi, India |
| Cognitel Training Services Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Air Force, Haryana, India |
| Prose Education Academy Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Bangalore, Karnataka, India |
| Yak Management and Marine Education Centre | ₹1.63 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Navi Mumbai, Maharashtra, India |
| Pixel3i Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Lets Unbound Education Technology by revenue in the Ecommerce and Internet industry (Education, Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Chawla | Director | 24 Mar 2021 | 5 Years 6 Months | Current |
| Amol Arvind Patil | Director | 24 Mar 2021 | 5 Years 6 Months | Current |
Charges & Borrowings of Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology operates one associated brand: UNBOUND. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple online learning courses for school students are offered. | letsunbound.com |
Employees and EPFO Compliance at Lets Unbound Education Technology Private Limited
Employment history and EPFO contributions of people linked to Lets Unbound Education Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Amol Arvind Patil was appointed as Director on 24 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Lets Unbound Education Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lets Unbound Education Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lets Unbound Education Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECL5676J1Z0 | Maharashtra | Active | 20 Sep 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lets Unbound Education Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lets Unbound Education Technology Private Limited
Lets Unbound Education Technology is an active private limited company based in Nagpur, Maharashtra, India. The company works in education, within the education and learning industry. It was incorporated on 24 March 2021 (5+ years old) and is registered under CIN U80902MH2021PTC357793.
Lets Unbound Education Technology reported revenue of ₹1.65 Cr for FY 2024 (up 67% YoY).
Lets Unbound Education Technology has 2 current directors:
- Nishant Chawla - Director
- Amol Arvind Patil - Director
Lets Unbound Education Technology reported a net loss of ₹35.53 Lakh (net margin -21.6%) and EBITDA of -₹35.53 Lakh (EBITDA margin -21.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Lets Unbound Education Technology is 27AAECL5676J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lets Unbound Education Technology is U80902MH2021PTC357793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lets Unbound Education Technology was incorporated on 24 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Lets Unbound Education Technology by revenue are Edurecords Education Services Private Limited, Knorish Frameworks Private Limited, Set Education Technology Private Limited, Bhav Priya Education Services Private Limited, Rice Smart Campus Private Limited and 5 more, all in the Ecommerce and Internet industry (Education, Education Technology).
Amol Arvind Patil was appointed as Director on 24 Mar 2021. Nishant Chawla was appointed as Director on 24 Mar 2021.
Yes, Lets Unbound Education Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Lets Unbound Education Technology can be reached through the website letsunbound.com. Its registered office is in Nagpur, Maharashtra, India.