About Piramal Foundation
Data last updated: 06 March 2026
Piramal Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It specialises in education and training, a part of the broader healthcare sector. Incorporated on 27 July 2011, the company has been in operation for over 15 years.
Registered with ROC Mumbai under CIN U85100MH2011NPL220227.
Formerly known as Pel Foundation and Piramal Enterprises Foundation. It is led by directors including Ajay Gopikisan Piramal and Debasish Mitter.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 02Nd Floor Piramal Ananta Piramal Agastya Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.97 Cr, a decline of 43% compared to the previous year.
The company has a workforce of approximately 132 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands - Piramal Foundation, Piramal Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piramal.com.
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Registered Address02Nd Floor Piramal Ananta Piramal Agastya Corporate Park Lbs Marg, Kurla West, Mumbai, Maharashtra, India – 400070
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IndustryHealthcare, Education, Cultural And Other Social Services, Regulation Of Healthcare
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Piramal Foundation
Piramal Foundation has undergone 3 name changes throughout its history. The company was previously known as Pel Foundation, Piramal Enterprises Foundation, and Piramal Healthcare Foundation. The current legal name is Piramal Foundation, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Piramal Foundation | Current |
| Pel Foundation | Previous |
| Piramal Enterprises Foundation | Previous |
| Piramal Healthcare Foundation | Previous |
Associated Brands with Piramal Foundation
Piramal Foundation operates two associated brands: Piramal Foundation and Piramal Group. These brands represent Piramal Foundation's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate | piramal.com | |
| Piramal Foundation is engaged in social development through health, education, and digital transformation initiatives. | piramalfoundation.org |
Competitors & Alternatives of Piramal Foundation
Brands and companies operating in the same space as Piramal Foundation include Abzena, Syngene, Grand River Aseptic Manufacturing and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Abzena
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Provider of antibody discovery, cell line development, and bio analytics services | Cambridge, United Kingdom, United Kingdom | 2001 |
Syngene
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Provider of contract research and manufacturing services for both small molecules and biologics | Bengaluru, India, India | 1993 |
Grand River Aseptic Manufacturing
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Sterile parenteral CDMO services for development and manufacturing are offered. | Grand Rapids, United States, United States | 2010 |
Patheon
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Commercial manufacturing and pharmaceutical development services for biopharmaceutical industry | Durham, United States, United States | 1974 |
Panacea Biotec
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Developer of biosimilars, vaccines and natural products | Ambala, India, India | 1984 |
Maravai Life Sciences
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Provides enabling tools and services in the life sciences research and bio-production industries | San Diego, United States, United States | 2014 |
LakePharma
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Provider of drug discovery on molecular biology, viral vectors and cell & protein engineering | Belmont, United States, United States | 2009 |
Insud Pharma
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Finished formulations, APIs, and monoclonal antibodies are developed and manufactured. | Madrid, Spain, Spain | 1977 |
Business Activity of Piramal Foundation
Piramal Foundation is engaged in the principal business activity of public services by government agencies, with detailed activities including regulation of healthcare, education, cultural and other social services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| O | Public Services by Government agencies | O2 | Regulation of healthcare, education, cultural and other social services | Locked |
Business activity turnover details for Piramal Foundation
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Piramal Foundation
Piramal Foundation is audited by LODHA & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LODHA & CO. | Locked | Locked | Locked |
Complete auditor history for Piramal Foundation
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Piramal Foundation
Piramal Foundation is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gopikisan Piramal | Director | 15 Mar 2018 | 8 Years 5 Months | Current |
| Debasish Mitter | Director | 21 Mar 2018 | 8 Years 5 Months | Current |
| Madhav Yashwant Chavan | Director | 21 Mar 2018 | 8 Years 5 Months | Current |
| Jalaj Ashwin Dani | Director | 21 Mar 2018 | 8 Years 5 Months | Current |
Financials of Piramal Foundation FY 2025 filings available
Piramal Foundation reported revenue of ₹20.97 Cr (down 43.00% YoY) for FY 2025.
Ten-year financial statements for Piramal Foundation
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Piramal Foundation
Shareholding and ownership data for Piramal Foundation
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Piramal Foundation
Piramal Foundation has 3 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Piramal Foundation's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Kaivalya Education Foundation | U80211MH2008NPL188322 | Locked |
| Piramal Foundation For Education Leadership | U80903MH2011NPL220842 | Locked |
| Piramal Udgam Data Management Solutions | U85191MH2011NPL224565 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings Piramal Foundation
Piramal Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Piramal Foundation
Piramal Foundation has a workforce of 132 employees as of Aug 13, 2024.
Employee and EPFO history for Piramal Foundation
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Piramal Foundation
GST registrations and filing compliance for Piramal Foundation
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Piramal Foundation
Credit ratings, litigation, and regulatory alerts for Piramal Foundation
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Piramal Foundation
MSME payment history for Piramal Foundation
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Piramal Foundation
Corporate group structure for Piramal Foundation
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Piramal Foundation
MCA filings and documents for Piramal Foundation
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Piramal Foundation
Recent News on Piramal Foundation
Frequently Asked Questions about Piramal Foundation
Piramal Foundation is an active private not for profit company in the healthcare sector based in Mumbai, Maharashtra, India. It was incorporated on 27 July 2011 (15+ years old) and is registered under CIN U85100MH2011NPL220227. The company has 132 employees.
Piramal Foundation reported revenue of ₹20.97 Cr for FY 2025 (down 43.00% YoY).
The current directors of Piramal Foundation are:
- Ajay Gopikisan Piramal - Director
- Debasish Mitter - Director
- Madhav Yashwant Chavan - Director
- Jalaj Ashwin Dani - Director
The primary industry of Piramal Foundation is healthcare. The company specifically operates in education. The company is currently active in this sector.
Piramal Foundation can be reached at the registered office: 02Nd Floor Piramal Ananta Piramal Agastya Corporate Park Lbs Marg, Kurla West, Mumbai, Maharashtra, India – 400070, or through the website piramal.com.
The company has its registered office at 02Nd Floor Piramal Ananta Piramal Agastya Corporate Park Lbs Marg, Kurla West, Mumbai, Maharashtra, India – 400070.