Promise for Education Foundation
About Promise for Education Foundation
Data last updated:
Promise for Education Foundation is a private not for profit company based in Delhi, India. It operates in the service-based operations segment of the services sector. It was incorporated on 03 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2017NPL324406.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitish Kumar Singh and Ajay Kumar Mandal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 103 Bharat Nagar New Friends Colony, Delhi, India – 110065.
As per the financials filed for FY 2020, the company reported a revenue of ₹10,610, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹53,922 and EBITDA of -₹53,922.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Promise for Education Foundation's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address103 Bharat Nagar New Friends Colony, Delhi, India – 110065
- IndustryService, Other Services
To see the full contact details of Promise for 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
Financials of Promise for Education Foundation
FY 2020 filings availablePromise for Education Foundation reported revenue of ₹10,610 (up 401% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 401% in the latest year. EBITDA rose 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹53,922 | ||
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| Net Profit (PAT) | -₹53,922 | ||
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Financial Ratios
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To see the full financial statements and ratios of Promise for Education Foundation, buy the company report.
Board of directors of Promise for Education Foundation
Promise for Education Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Kumar Singh | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Ajay Kumar Mandal | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Promise for Education Foundation is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dream Directors Education Services Private Limited | ₹10,800 (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Promise for Education Foundationthis company | ₹10,610 (FY 2020) | -₹53,922 | 401.0% | Delhi, India | ||
| Metrocity Education Private Limited | ₹10,441 (FY 2024) | -100.0% | Noida, Uttar Pradesh, India | |||
| Samadarshi Education Foundation | ₹10,353 (FY 2023) | 338.0% | Pune, Maharashtra, India |
To see the full peer comparison of Promise for Education Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Promise for 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 Promise for Education 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 Promise for Education Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Promise for Education Foundation has 2 board changes on record since 2017: 2 appointments. The latest: Ajay Kumar Mandal was appointed as Director on 03 Oct 2017.
Frequently asked questions
Promise for Education Foundation is an active private not for profit company based in Delhi, India. The company works in other services, within the service industry. It was incorporated on 03 October 2017 (9+ years old) and is registered under CIN U93000DL2017NPL324406.
Promise for Education Foundation has 2 current directors:
- Nitish Kumar Singh - Director
- Ajay Kumar Mandal - Director
The latest financial statements of Promise for Education Foundation on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Promise for Education Foundation is U93000DL2017NPL324406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promise for Education Foundation was incorporated on 03 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Promise for Education Foundation by revenue are Dream Directors Education Services Private Limited, Metrocity Education Private Limited, Samadarshi Education Foundation, all in the Ecommerce and Internet industry (Education).
Ajay Kumar Mandal was appointed as Director on 03 Oct 2017. Nitish Kumar Singh was appointed as Director on 03 Oct 2017.
The registered office of Promise for Education Foundation is at 103 Bharat Nagar New Friends Colony, Delhi, India – 110065.
Promise for Education Foundation operates in the service industry, in the other services segment.
The compliance status of Promise for Education Foundation is compliant as of 12 July 2026. The company is actively filing with the Registrar of Companies.
Promise for Education Foundation can be reached at its registered office: 103 Bharat Nagar New Friends Colony, Delhi, India – 110065.
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