About Raffles Educity (I) Private Limited
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Raffles Educity (I) Private Limited is a private limited company based in Chandigarh, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 19 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U80301CH2010PTC032578. Its GSTIN is 04AAFCR0270F1ZU (Chandigarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Swaran Singh Sandhu and Harjot Sandhu Kaur.
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 SCO No. 459 – 460 Sector 35 – C, Chandigarh, India – 160022.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.53 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹7.11 Lakh (net margin 1.1%) and EBITDA of ₹48.78 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 16% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.23 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raffleseducity.com.
Company details
Contact details
Raffles Educity (I) Private Limited's registered office is in Chandigarh, Chandigarh. Its website is raffleseducity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSCO No. 459 – 460 Sector 35 – C, Chandigarh, India – 160022
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Raffles Educity (I) Private Limited, 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 Raffles Educity (I) 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 Raffles Educity (I) Private Limited, buy the company report.
Financials of Raffles Educity (I) Private Limited
FY 2024 filings availableRaffles Educity (I) Private Limited reported revenue of ₹6.53 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA fell 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹48.78 Lakh | ||||
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| Net Profit (PAT) | ₹7.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Raffles Educity (I) Private Limited, buy the company report.
Board of directors of Raffles Educity (I) Private Limited
Raffles Educity (I) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swaran Singh Sandhu Also directs: Cleaon Care Industries LLP, Cleaon Care Industries Private Limited, Natures Heaven Resort Private Limited and 4 more | Director | 19 Nov 2010 | 15 Years 11 Months | Current |
| Harjot Sandhu Kaur Also directs: Cleaon Care Industries LLP, Cleaon Care Industries Private Limited, Natures Heaven Resort Private Limited and 4 more | Director | 19 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Raffles Educity (I) Private Limited is audited by GURDEEP SINGH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURDEEP SINGH & ASSOCIATES | FY 2023 | 013916N |
Shareholding
The shareholding of Raffles Educity (I) Private Limited 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Raffles Educity (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2025 | 101097884 | Axis Bank Limited | ₹23.86 Lakh | Open | |
| 29 Jan 2025 | 101068970 | Axis Bank Limited | ₹25 Lakh | Open | |
| 26 Apr 2022 | 100573355 | Others | ₹14.7 Lakh | Open | |
| 30 Mar 2022 | 100564334 | Axis Bank Limited | ₹70 Lakh | Open | |
| 10 Nov 2017 | 100165516 | Axis Bank Limited | ₹74.34 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Raffles Educity (I) Private Limited has 3 court cases on record: 2 filed by Raffles Educity (I), 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (RC or ARC) | Filed against the company by an individual | Pending |
| District court, Mohali, Punjab | Civil miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Raffles Educity (I) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raffles Educity (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raffles Educity (I) Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Raffles Educity (I) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAFCR0270F1ZU | Chandigarh | Active | 01 Jul 2017 |
| 03AAFCR0270F1ZW | Punjab | Active | 21 Dec 2017 |
To see the full GST registrations and return filing status of Raffles Educity (I) Private Limited, buy the company report.
Recent activity
Raffles Educity (I) Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Harsukhraj Singh Sandhu ceased to be Director on 15 Sep 2018.
Frequently asked questions
Raffles Educity (I) is an active private limited company based in Chandigarh, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 19 November 2010 (16+ years old) and is registered under CIN U80301CH2010PTC032578.
Raffles Educity (I) has 2 current directors:
- Swaran Singh Sandhu - Director
- Harjot Sandhu Kaur - Director
The latest financial statements of Raffles Educity (I) 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 GSTIN of Raffles Educity (I) is 04AAFCR0270F1ZU, registered in Chandigarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAFCR0270F1ZW (Punjab).
The CIN (Corporate Identification Number) of Raffles Educity (I) is U80301CH2010PTC032578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raffles Educity (I) has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Raffles Educity (I) was incorporated on 19 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harsukhraj Singh Sandhu ceased to be Director on 15 Sep 2018. Harjot Sandhu Kaur was appointed as Director on 19 Nov 2010. Swaran Singh Sandhu was appointed as Director on 19 Nov 2010.
Raffles Educity (I) can be reached through the website raffleseducity.com. Its registered office is in Chandigarh, India.
The registered office of Raffles Educity (I) is at SCO No. 459 – 460 Sector 35 – C, Chandigarh, India – 160022.