About Mexus Education Private Limited
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Mexus Education Private Limited was a private limited company based in Vapi, Gujarat, India, operated as a subsidiary of Mylife Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the education equipment and infrastructure providers segment of the education sector. It was incorporated on 21 July 2006.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ2006PTC048747. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹119.5 Cr and a paid-up capital of ₹118.3 Cr. It was formerly known as Meeba Technology Private Limited and Axiom Education Private Limited. It was led by directors Pramodkumar Minocha and Sohil Sirkhaji.
Its last annual general meeting (AGM) was held on 11 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 135/ 2/ A Muktanand Marg Chala, Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.66 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹4.04 Cr and EBITDA of -₹1.27 Cr. Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 51% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Mexus Education and Iken. As per MCA filings, the company had satisfied charges of ₹104.43 Cr on record. Court records list 251 cases involving the company, including 237 filed by the company and 14 filed against it; 3 cases are pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹91.8 Cr; the latest was in September 2015. The company has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is mexuseducation.com.
Company details
Name history
Mexus Education has undergone 2 name changes throughout its history. The company was previously known as Meeba Technology Private Limited, and Axiom Education Private Limited. The current legal name is Mexus Education Private Limited.
| Company Name | Status |
|---|---|
| Mexus Education Private Limited | Current |
| Meeba Technology Private Limited | Previous |
| Axiom Education Private Limited | Previous |
Contact details
Mexus Education Private Limited's registered office is in Vapi, Gujarat. Its website is mexuseducation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 135/ 2/ A Muktanand Marg Chala, Vapi, Gujarat, India – 396191
- IndustryEducation, Education Equipment & Infrastructure Providers
To see the full contact details of Mexus Education Private Limited, 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
Brands
Mexus Education operates two associated brands: Mexus Education and iken. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Education technology solutions for digital classrooms and preschool programs. | mexuseducation.com | |
| Interactive app offering online learning tools, assessments, and parental tracking for students. | iken.in |
Financials of Mexus Education Private Limited
FY 2023 filings availableMexus Education Private Limited reported revenue of ₹22.66 Lakh (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 40% fall in the latest year. EBITDA rose 28% 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 | ₹22.66 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mexus Education Private Limited, buy the company report.
Board of directors of Mexus Education Private Limited
Mexus Education has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramodkumar Minocha Also directs: Micro Life Sciences Private Limited, Meril Healthcare Private Limited, Meril Life Sciences India Private Limited and 3 more | Director | 21 Jul 2006 | 20 Years 3 Months | As last reported |
| Sohil Sirkhaji | Director | 01 Oct 2021 | 5 Years 0 Months | As last reported |
Auditor
Mexus Education Private Limited is audited by GOPALAKRISHNAN AIYER & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPALAKRISHNAN AIYER & CO LLP | FY 2023 | 115990W |
Shareholding
The shareholding of Mexus Education 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mexus Education Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2014 | 10524795 | Standard Chartered Bank | ₹19.43 Cr | Satisfied | |
| 16 Feb 2012 | 10341198 | Standard Chartered Bank | ₹45 Cr | Satisfied | |
| 06 May 2011 | 10288232 | Standard Chartered Bank | ₹40 Cr | Satisfied |
To see the full charge records of Mexus Education Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Mexus Education Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹91.8 Cr; the latest was in September 2015.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Marco Private Limited Seller: an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Marco Private Limited , Mixon Holdings Private Limited Seller: an individual |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: Mylife Private Limited Seller: Meeba Holdings Pte Ltd |
| Apr 2008 | Secondary share transfer | Undisclosed | Buyer: Meeba Holdings Pte Ltd Seller: Mylife Private Limited |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Mylife Private Limited , Anjum Bilakhia & Mylife Private Limited Seller: Bilakhia Holdings Private Limited , Bilakhia Holdings Private Limited & Anjum Bilakhia |
To see the full deal history of Mexus Education 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
Mexus Education Private Limited has 251 court cases on record: 237 filed by Mexus Education, 14 filed against it. 3 cases are pending and 248 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 240 | 6 | 2 |
| High courts | 8 | 7 | 1 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 251)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Encompass Events Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Wits Interactive Pvt. Ltd. | Disposed |
| District court, Coochbehar, West Bengal | Court case (Mjc) | Filed against the company by Dooars International Public School and 2 others | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Al-Amal Public School | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against St. Christopers Mission School and 1 other | Pending |
To see the full case history of Mexus Education 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
Mexus Education Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shakti Enterpries |
To see the full MSME payment records of Mexus Education Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mexus Education Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mexus Education has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mexus Education Private Limited, buy the company report.
Recent activity
Mexus Education Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Shilpa Ashish Shah ceased to be Company Secretary on 15 Jul 2024.
6 earlier events are in the company report.
Frequently asked questions
Mexus Education has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mexus Education was a private limited company based in Vapi, Gujarat, India. The company worked in education equipment and infrastructure providers, within the education industry. It was incorporated on 21 July 2006 and is registered under CIN U73100GJ2006PTC048747. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mexus Education was incorporated on 21 July 2006. It is registered with the Registrar of Companies, Ahmedabad.
Mexus Education had 2 directors:
- Pramodkumar Minocha - Director
- Sohil Sirkhaji - Director
The CIN (Corporate Identification Number) of Mexus Education is U73100GJ2006PTC048747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mexus Education is at No. 135 2 A Muktanand Marg Chala, Vapi, Gujarat, India – 396191.
Mexus Education can be reached through the website mexuseducation.com. Its registered office is in Vapi, Gujarat, India.
The latest financial statements of Mexus Education on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 July 2023. Year-wise statements from 2015 are in the company report.
No. Mexus Education has 10 GST registrations on record and all of them are cancelled or inactive.
Mexus Education operated in the education industry, in the education equipment and infrastructure providers segment.
Mexus Education has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹91.8 Cr; the latest was in September 2015.