About Neotech Education Foundation
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Neotech Education Foundation is a private not for profit company based in Vadodara, Gujarat, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 24 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80301GJ2011NPL067945. Its GSTIN is 24AADCN8141P1Z3 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Vihang Chandrakant Shah and Ansuyaben Pravinchandra Patel.
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 Survey No. 244 Paiki1 239 245/A Village: Virod, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -71.6%) and EBITDA of -₹1.12 Cr (EBITDA margin -26.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹43.98 Cr and satisfied charges of ₹24.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neotech.ac.in.
Company details
Contact details
Neotech Education Foundation's registered office is in Vadodara, Gujarat. Its website is neotech.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 244 Paiki1 239 245/A Village: Virod, Vadodara, Gujarat, India – 390020
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Neotech Education Foundation, 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 Neotech Education Foundation is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Neotech Education Foundation, buy the company report.
Financials of Neotech Education Foundation
FY 2025 filings availableNeotech Education Foundation reported revenue of ₹4.24 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 28% fall 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 | -₹1.12 Cr | ||||
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| Net Profit (PAT) | -₹3.04 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 | -26.4% | ||||
| Net Profit Margin | -71.6% | ||||
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To see the full financial statements and ratios of Neotech Education Foundation, buy the company report.
Board of directors of Neotech Education Foundation
Neotech Education Foundation has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vihang Chandrakant Shah Also directs: Pranayam Healthcare Private Limited | Director | 02 Dec 2020 | 5 Years 10 Months | Current |
| Ansuyaben Pravinchandra Patel Also directs: Neotech Technical & Medical Research Foundation | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
| Vishal Mahendra Shah | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Manish Bhikhabhai Shah Also directs: Parimiti Infraspace Private Limited | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Neotech Education Foundation is audited by Naresh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Naresh & Co. | FY 2023 | 106928W |
Shareholding
The shareholding of Neotech Education Foundation 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 Neotech Education Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Apr 2014 | 10490930 | Others | ₹25.76 Cr | Open | |
| 07 Apr 2014 | 10490929 | Central Bank of India | ₹18.22 Cr | Open | |
| 17 Sep 2012 | 10380574 | State Bank of India | ₹12.22 Cr | Satisfied | |
| 17 Sep 2012 | 10380575 | State Bank of India | ₹12.22 Cr | Satisfied |
To see the full charge records of Neotech Education Foundation, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Neotech Education 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 Neotech Education Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neotech Education Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN8141P1Z3 | Gujarat | Active | 18 Oct 2020 |
To see the full GST registrations and return filing status of Neotech Education Foundation, buy the company report.
Recent activity
Neotech Education Foundation has 10 board changes on record since 2011: 4 appointments and 6 cessations. The latest: Kailash Agrawal ceased to be Director on 21 Oct 2021.
8 earlier events are in the company report.
Frequently asked questions
Neotech Education Foundation is an active private not for profit company based in Vadodara, Gujarat, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 24 November 2011 (15+ years old) and is registered under CIN U80301GJ2011NPL067945.
Neotech Education Foundation has 4 current directors:
- Vihang Chandrakant Shah - Director
- Ansuyaben Pravinchandra Patel - Director
- Vishal Mahendra Shah - Director
- Manish Bhikhabhai Shah - Director
The latest financial statements of Neotech Education Foundation 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 Neotech Education Foundation is 24AADCN8141P1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Neotech Education Foundation is U80301GJ2011NPL067945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neotech Education Foundation was incorporated on 24 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kailash Agrawal ceased to be Director on 21 Oct 2021. Vihang Chandrakant Shah ceased to be Additional Director on 31 Dec 2020. Vihang Chandrakant Shah was appointed as Director on 02 Dec 2020. Neotech Education Foundation has 10 board changes on record in total.
Neotech Education Foundation can be reached through the website neotech.ac.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Neotech Education Foundation is at Survey No. 244 Paiki1 239 245A Village: Virod, Vadodara, Gujarat, India – 390020.
Neotech Education Foundation operates in the education industry, in the k-12 and higher education institutions segment.
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