MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0016725
Liqvid Elearning Services Private Limited - education in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.13 Cr
▼ 16% YoY
Net profit · FY 2025
₹1.09 Cr
Net margin 13.3%
EBITDA · FY 2025
₹4.61 Cr
EBITDA margin 56.7%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹1.4 Cr
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹10.01 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
4
Provident fund records
About Liqvid Elearning Services Private Limited
Data last updated:
Liqvid Elearning Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Xterm Products Llp. It operates in the elearning and digital education segment of the education sector. It was incorporated on 13 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93010DL2002PTC117667. Its GSTIN is 09AABCE1285H1ZO (Uttar Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Elearning Services Private Limited. It is led by directors including Vivek Agarwal (Managing Director) and Saurabh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 59 Mandakini Nri Colony Greater Kailash – IV, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.13 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 13.3%) and EBITDA of ₹4.61 Cr (EBITDA margin 56.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Liqvid and EnglishEdge. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹10.01 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (5 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.76 Cr; the latest was in September 2019. The company has 14 MSME Form 1 returns on record between 2019 and 2023, listing 14 overdue payments to 2 micro and small suppliers.
Liqvid Elearning Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0016725). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website liqvid.com.
Company details
CIN U93010DL2002PTC117667
Registration Number 117667
Incorporation Date 13 November 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Xterm Products Llp
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0016725
Recognitions & Rankings of Liqvid Elearning Services
Contact details
Liqvid Elearning Services Private Limited's registered office is in New Delhi, Delhi. Its website is liqvid.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address59 Mandakini Nri Colony Greater Kailash – IV, New Delhi, Delhi, India – 110019
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Liqvid Elearning Services Private Limited, buy the company report.
Comprehensive company report
Liqvid Elearning Services 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
Liqvid Elearning Services operates two associated brands: Liqvid and EnglishEdge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered English learning solutions and digital content are provided. | liqvid.com | |
| English language skills are enhanced via digital learning platform. | englishedge.in |
Business activity
The main business activity of Liqvid Elearning Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Liqvid Elearning Services Private Limited, buy the company report.
Financials of Liqvid Elearning Services Private Limited
FY 2025 filings availableLiqvid Elearning Services Private Limited reported revenue of ₹8.13 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹8.13 Cr ▼ 16%
Net profit · FY 2025
₹1.09 Cr margin 13.3%
EBITDA · FY 2025
₹4.61 Cr margin 56.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 4%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 218%
5 years · compounded
▲ 20%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 16% fall in the latest year. EBITDA fell 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.61 Cr | ||||
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| Net Profit (PAT) | ₹1.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 56.7% | ||||
| Net Profit Margin | 13.3% | ||||
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To see the full financial statements and ratios of Liqvid Elearning Services Private Limited, buy the company report.
Board of directors of Liqvid Elearning Services Private Limited
Liqvid Elearning Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Agarwal | Director | 13 Nov 2002 | 23 Years 11 Months | Current |
| Naren Bakshi Also directs: My Crack the Wellness Code Foundation | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
| Vivek Agarwal | Managing Director | 13 Nov 2002 | 23 Years 11 Months | Current |
Auditor
Liqvid Elearning Services Private Limited is audited by Bhuvi Kant & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhuvi Kant & Associates | FY 2022 | 007798C |
Shareholding
The shareholding of Liqvid Elearning Services 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 Liqvid Elearning Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹10.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2007 | 10079933 | Corporation Bank | ₹1 Cr | Open | |
| 08 Oct 2013 | 10493837 | National Skill Development Corporation | ₹2.59 Cr | Satisfied | |
| 28 Oct 2010 | 10246509 | Small Industries Development Bank of India (Sidbi) | ₹1.67 Cr | Satisfied | |
| 18 Feb 2010 | 10202259 | Small Industries Development Bank of India (Sidbi) | ₹1.75 Cr | Satisfied | |
| 23 Mar 2006 | 10000533 | Rajasthan Asset Management Company Private Limited | ₹3 Cr | Satisfied |
To see the full charge records of Liqvid Elearning Services Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Liqvid Elearning Services Private Limited has 10 deals on record (5 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.76 Cr; the latest was in September 2019.
Total deals
10
Secondary share transfers
5
Funding rounds
5
Disclosed funding
₹13.76 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ivg Infratech Private Limited |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: Ivg Infratech Private Limited Seller: Bedrock Ventures |
| Mar 2012 | Funding round · Pre-Series A | ₹1.04 Cr | Investors: Laxmi Publications Private Limited |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: Bedrock Ventures, an individual Seller: Rajasthan Venture Capital, Xterm Products LLP |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Xterm Products LLP , an individual Seller: an individual |
To see the full deal history of Liqvid Elearning Services 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
Liqvid Elearning Services Private Limited has 3 court cases on record: 3 filed by Liqvid Elearning Services, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Liqvid Elearning Services Private Limited and 2 others | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Liqvid Elearning Services Private Limited | Pending |
| District court, South, Delhi | Criminal case | Filed by the company against Software Technology Group International Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Disposed |
To see the full case history of Liqvid Elearning Services 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
Liqvid Elearning Services Private Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 14 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| My 247 Services Private Limited |
To see the full MSME payment records of Liqvid Elearning Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Liqvid Elearning Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Liqvid English Edge Private Limited | U74999DL2016PTC300959 |
To see the full group structure of Liqvid Elearning Services Private Limited, buy the company report.
Employees & EPFO
Liqvid Elearning Services Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-50%
GST
Liqvid Elearning Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCE1285H1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Liqvid Elearning Services Private Limited, buy the company report.
Recent activity
Liqvid Elearning Services Private Limited has 10 board changes on record since 2002: 3 appointments and 7 cessations. The latest: Deepak Mohla ceased to be Nominee Director on 10 Dec 2019.
AGM
Liqvid Elearning Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Liqvid Elearning Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 08 Oct 2013 via Charge ID 10493837 with National Skill Development Corporation was fully satisfied on 28 Oct 2024.
Ceased
Deepak Mohla ceased to be Nominee Director.
Ceased
Suramya Gupta ceased to be Nominee Director.
Ceased
Brijesh Pande ceased to be Nominee Director.
Ceased
Vivek Agarwal ceased to be Whole-Time Director.
Charges
A charge registered on 28 Oct 2010 via Charge ID 10246509 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 15 May 2014.
Charges
A charge registered on 18 Feb 2010 via Charge ID 10202259 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 15 May 2014.
Charges
A charge with National Skill Development Corporation amounted to Rs. 2.59 Cr with Charge ID 10493837 was registered on 08 Oct 2013.
Ceased
Naren Bakshi ceased to be Additional Director.
Ceased
Vivek Bihani ceased to be Additional Director.
14 earlier events are in the company report.
Frequently asked questions
Liqvid Elearning Services is an active private limited company based in New Delhi, Delhi, India. The company works in elearning and digital education, within the education industry. It was incorporated on 13 November 2002 (24+ years old) and is registered under CIN U93010DL2002PTC117667.
Liqvid Elearning Services has 3 current directors:
- Vivek Agarwal - Managing Director
- Saurabh Agarwal - Director
- Naren Bakshi - Director
The latest financial statements of Liqvid Elearning Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Liqvid Elearning Services is 09AABCE1285H1ZO, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Liqvid Elearning Services is U93010DL2002PTC117667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Liqvid Elearning Services has 3 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Liqvid Elearning Services was incorporated on 13 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Liqvid Elearning Services has 10 deals on record (5 secondary share transfers, 5 funding rounds), with disclosed funding of ₹13.76 Cr; the latest was in September 2019.
Deepak Mohla ceased to be Nominee Director on 10 Dec 2019. Suramya Gupta ceased to be Nominee Director on 31 Jan 2018. Brijesh Pande ceased to be Nominee Director on 30 Apr 2015. Liqvid Elearning Services has 10 board changes on record in total.
Yes, Liqvid Elearning Services is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0016725).
Liqvid Elearning Services has 14 MSME Form 1 returns on record between 2019 and 2023, listing 14 overdue payments to 2 micro and small suppliers. The latest return was filed on 18 Dec 2023.