Neaco Initiative Foundation
About Neaco Initiative Foundation
Data last updated:
Neaco Initiative Foundation is a private not for profit company based in Thane, Maharashtra, India. It was incorporated on 07 August 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U88900MH2023NPL408158.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Karishma Sumit Tripathy and Amit Kumar Shambhunath Tripathy.
Its last annual general meeting (AGM) was held on 10 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.21 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹405 (net margin -0.3%) and EBITDA of ₹167 (EBITDA margin 0.1%).
Company details
Contact details
Neaco Initiative Foundation's registered office is in Thane, Maharashtra.
- Registered AddressC1 1702 Freesia Neelkanth, Green Mulla Baug, Thane, Maharashtra, India – 400607
- 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 Neaco Initiative Foundation is education. In detail, this covers primary & secondary education services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services |
To see the full business activity and turnover split of Neaco Initiative Foundation, buy the company report.
Financials of Neaco Initiative Foundation
FY 2025 filings availableNeaco Initiative Foundation reported revenue of ₹1.21 Lakh (up 51% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year. EBITDA rose 118% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹167 | ||
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| Net Profit (PAT) | -₹405 | ||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
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| Profitability | |||
| EBITDA Margin | 0.1% | ||
| Net Profit Margin | -0.3% | ||
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To see the full financial statements and ratios of Neaco Initiative Foundation, buy the company report.
Board of directors of Neaco Initiative Foundation
Neaco Initiative Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karishma Sumit Tripathy | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Amit Kumar Shambhunath Tripathy Also directs: Northstar Wealth Private Limited | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Neaco Initiative Foundation is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Neaco Initiative Foundationthis company | ₹1.21 Lakh (FY 2026) | -₹405 | -0.3% | 51.0% | Thane, Maharashtra, India | |
| Tand International Educational Foundation | ₹81,400 (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Icfw Foundation | ₹81,308 (FY 2023) | Faridabad, Haryana, India | ||||
| Nai Pahal Foundation | ₹81,293 (FY 2024) | -7.0% | Delhi, India | |||
| Sreeram E Techno School Private Limited | ₹80,900 (FY 2025) | -96.0% | Delhi, India | |||
| SMKR Foundation | ₹80,504 (FY 2024) | 23.0% | Delhi, India | |||
| Edurved Foundation | ₹79,620 (FY 2025) | -80.0% | Nashik, Maharashtra, India | |||
| S S C Net Education Private Limited | ₹78,979 (FY 2025) | -88.0% | New Delhi, Delhi, India | |||
| Litterae Foundation | ₹77,990 (FY 2022) | Delhi, India | ||||
| Esol Solution Private Limited | ₹77,962 (FY 2023) | Delhi, India | ||||
| Bonson Eduaction & Training Assessment Private Limited | ₹77,861 (FY 2024) | -94.0% | Aligarh, Uttar Pradesh, India |
To see the full peer comparison of Neaco Initiative Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Neaco Initiative Foundation 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 Neaco Initiative Foundation; 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 Neaco Initiative Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neaco Initiative Foundation has 2 board changes on record since 2023: 2 appointments. The latest: Amit Kumar Shambhunath Tripathy was appointed as Director on 07 Aug 2023.
Frequently asked questions
Neaco Initiative Foundation is an active private not for profit company based in Thane, Maharashtra, India. It was incorporated on 07 August 2023 (3+ years old) and is registered under CIN U88900MH2023NPL408158.
Neaco Initiative Foundation has 2 current directors:
- Karishma Sumit Tripathy - Director
- Amit Kumar Shambhunath Tripathy - Director
The latest financial statements of Neaco Initiative Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 June 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Neaco Initiative Foundation is U88900MH2023NPL408158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neaco Initiative Foundation was incorporated on 07 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neaco Initiative Foundation by revenue are Tand International Educational Foundation, Icfw Foundation, Nai Pahal Foundation, Sreeram E Techno School Private Limited, SMKR Foundation and 5 more, all in the same principal business activity (primary & secondary education services).
Amit Kumar Shambhunath Tripathy was appointed as Director on 07 Aug 2023. Karishma Sumit Tripathy was appointed as Director on 07 Aug 2023.
The registered office of Neaco Initiative Foundation is at C1 1702 Freesia Neelkanth, Green Mulla Baug, Thane, Maharashtra, India – 400607.
Neaco Initiative Foundation can be reached at its registered office: C1 1702 Freesia Neelkanth, Green Mulla Baug, Thane, Maharashtra, India – 400607.
Neaco Initiative Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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