About Institution of Engineering and Technology
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Institution of Engineering and Technology is a private not for profit company based in Bangalore, Karnataka, India, a subsidiary of The Institution Of Engineering And Technology England And Wales. It operates in the educational support services segment of the education and learning sector. It was incorporated on 22 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80903KA2007NPL044461. Its GSTIN is 29AABCI8169A1ZJ (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Prakash Beeranna Nayak and Vikrant Ramesh Sankhe.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.64 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹38.66 Lakh (net margin -23.6%) and EBITDA of -₹37.32 Lakh (EBITDA margin -22.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theiet.in.
Company details
Contact details
Institution of Engineering and Technology's registered office is in Bangalore, Karnataka. Its website is theiet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAwfis Space Solution Ltd 24 Sabari Complex Field Marshal Cariappa Rd, Shanthala Nagar Ashok Nagar, Bangalore, Karnataka, India – 560025
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Institution of Engineering and Technology, 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
Business activity
The main business activity of Institution of Engineering and Technology is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Institution of Engineering and Technology, buy the company report.
Financials of Institution of Engineering and Technology
FY 2025 filings availableInstitution of Engineering and Technology reported revenue of ₹1.64 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 9% fall in the latest year. EBITDA fell 150% 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 | -₹37.32 Lakh | ||||
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| Net Profit (PAT) | -₹38.66 Lakh | ||||
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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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| EBITDA Margin | -22.8% | ||||
| Net Profit Margin | -23.6% | ||||
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To see the full financial statements and ratios of Institution of Engineering and Technology, buy the company report.
Board of directors of Institution of Engineering and Technology
Institution of Engineering and Technology has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Beeranna Nayak Also directs: Pena Power Engineering and Automation Private Limited | Director | 19 Apr 2013 | 13 Years 6 Months | Current |
| Vikrant Ramesh Sankhe | Director | 04 Dec 2023 | 2 Years 10 Months | Current |
| Srinivasan Mahadevan | Director | 12 Jul 2019 | 7 Years 3 Months | Current |
| Sheahan Verghese | Director | 27 Apr 2009 | 17 Years 6 Months | Current |
Auditor
Institution of Engineering and Technology is audited by S R K & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R K & Associates | FY 2017 | 012946S |
Shareholding
The shareholding of Institution of Engineering and Technology is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Institution of Engineering and Technology, buy the company report.
Legal cases
Institution of Engineering and Technology has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Orissa | Civil suit | Filed against the company by Aatiq Power Solutions India Pvt Ltd | Disposed |
To see the full case history of Institution of Engineering and Technology, 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 Institution of Engineering and Technology; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Institution of Engineering and Technology has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI8169A1ZJ | Karnataka | Active | 01 Jul 2017 |
| 33AABCI8169A1ZU | Tamil Nadu | Active | 01 Apr 2018 |
| 27AABCI8169A1ZN | Maharashtra | Active | 01 May 2018 |
| 19AABCI8169A1ZK | West Bengal | Active | 01 Aug 2018 |
To see the full GST registrations and return filing status of Institution of Engineering and Technology, buy the company report.
Recent activity
Institution of Engineering and Technology has 18 board changes on record since 2008: 4 appointments and 14 cessations. The latest: Shekhar Sanyal ceased to be Director on 30 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Institution of Engineering and Technology is an active private not for profit company based in Bangalore, Karnataka, India. The company works in educational support services, within the education and learning industry. It was incorporated on 22 November 2007 (19+ years old) and is registered under CIN U80903KA2007NPL044461.
Institution of Engineering and Technology has 4 current directors:
- Prakash Beeranna Nayak - Director
- Vikrant Ramesh Sankhe - Director
- Srinivasan Mahadevan - Director
- Sheahan Verghese - Director
The latest financial statements of Institution of Engineering and Technology 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 Institution of Engineering and Technology is 29AABCI8169A1ZJ, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AABCI8169A1ZU (Tamil Nadu), 27AABCI8169A1ZN (Maharashtra), 19AABCI8169A1ZK (West Bengal).
The CIN (Corporate Identification Number) of Institution of Engineering and Technology is U80903KA2007NPL044461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Institution of Engineering and Technology has 1 court case on record: 1 filed against it.
Institution of Engineering and Technology was incorporated on 22 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Shekhar Sanyal ceased to be Director on 30 Sep 2024. Vikrant Ramesh Sankhe ceased to be Additional Director on 29 Sep 2024. Vikrant Ramesh Sankhe was appointed as Director on 04 Dec 2023. Institution of Engineering and Technology has 18 board changes on record in total.
Institution of Engineering and Technology can be reached through the website theiet.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Institution of Engineering and Technology is at Awfis Space Solution Ltd 24 Sabari Complex Field Marshal Cariappa Rd, Shanthala Nagar Ashok Nagar, Bangalore, Karnataka, India – 560025.
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