
Mind Sparks Education Association
About Mind Sparks Education Association
Data last updated:
Mind Sparks Education Association is a private not for profit company based in Pune, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 28 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014NPL151967.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arpita Nikhil Karkare and Nikhil Vinodji Karkare.
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 70/B/1 Fp 100/B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,000. For the same year it recorded a net loss of ₹1,125 (net margin -11.2%) and EBITDA of -₹1,125 (EBITDA margin -11.2%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mind Sparks Education Association's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address70/B/1 Fp 100/B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Mind Sparks Education Association, 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
Financials of Mind Sparks Education Association
FY 2024 filings availableMind Sparks Education Association reported revenue of ₹10,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years. 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 | -₹1,125 | ||||
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| Net Profit (PAT) | -₹1,125 | ||||
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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 | -11.2% | ||||
| Net Profit Margin | -11.2% | ||||
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To see the full financial statements and ratios of Mind Sparks Education Association, buy the company report.
Board of directors of Mind Sparks Education Association
Mind Sparks Education Association has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpita Nikhil Karkare | Director | 28 Jul 2014 | 12 Years 3 Months | Current |
| Nikhil Vinodji Karkare Also directs: Edjunct Educational Services LLP, Aznv Solutions LLP | Director | 28 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Mind Sparks Education Association is compared with the 4 companies closest to it by revenue in the Education industry (Education, K12 and Higher Education), with the same principal business activity (primary & secondary education services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Establishment Education Services Private Limited | ₹10,017 (FY 2017) | -99.0% | Ghaziabad, Uttar Pradesh, India | |||
| Mind Sparks Education Associationthis company | ₹10,000 (FY 2025) | -₹1,125 | -11.2% | Pune, Maharashtra, India | ||
| Oneistox Network Private Limited | ₹10,000 (FY 2024) | -96.0% | New Delhi, Delhi, India | |||
| Dwi-Kaushalya Academy Private Limited | ₹10,000 (FY 2023) | -77.0% | Pune, Maharashtra, India | |||
| All India Education Infotech Corporation Research Private Limited | ₹10,000 (FY 2025) | -29.0% | Amravati, Maharashtra, India |
To see the full peer comparison of Mind Sparks Education Association, buy the company report.
Auditor
Mind Sparks Education Association is audited by V.A Dudhedia & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.A Dudhedia & Co | FY 2023 | 112450W |
Shareholding
The shareholding of Mind Sparks Education Association 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 |
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Mind Sparks Education Association, buy the company report.
Legal cases
No court or tribunal cases involving Mind Sparks Education Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mind Sparks Education Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mind Sparks Education Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mind Sparks Education Association has 2 board changes on record since 2014: 2 appointments. The latest: Arpita Nikhil Karkare was appointed as Director on 28 Jul 2014.
Frequently asked questions
Mind Sparks Education Association is an active private not for profit company based in Pune, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 28 July 2014 (12+ years old) and is registered under CIN U74900PN2014NPL151967.
Mind Sparks Education Association has 2 current directors:
- Arpita Nikhil Karkare - Director
- Nikhil Vinodji Karkare - Director
The latest financial statements of Mind Sparks Education Association 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Mind Sparks Education Association is U74900PN2014NPL151967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mind Sparks Education Association was incorporated on 28 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mind Sparks Education Association by revenue are Establishment Education Services Private Limited, Oneistox Network Private Limited, Dwi-Kaushalya Academy Private Limited, All India Education Infotech Corporation Research Private Limited, all in the Education industry (Education, K12 and Higher Education), with the same principal business activity (primary & secondary education services).
Arpita Nikhil Karkare was appointed as Director on 28 Jul 2014. Nikhil Vinodji Karkare was appointed as Director on 28 Jul 2014.
The registered office of Mind Sparks Education Association is at 70B1 Fp 100B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004.
Mind Sparks Education Association operates in the education industry, in the k-12 and higher education institutions segment.
The compliance status of Mind Sparks Education Association is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
Mind Sparks Education Association can be reached at its registered office: 70B1 Fp 100B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004.

