About Redbricks Education Foundation
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Redbricks Education Foundation is a public not for profit company based in Ahmedabad, Gujarat, India, a subsidiary of Orbitol Investments Private Limited. It operates in the preschools segment of the education sector. It was incorporated on 21 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80301GJ2009NPL055939. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Umeshkumar Patel and Raj Kumar Joshi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.62 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Cr (net margin -32.5%) and EBITDA of -₹58.53 Lakh (EBITDA margin -7.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Redbricks Education and Redbricks School. As per MCA filings, the company has open charges of ₹12.99 Cr and satisfied charges of ₹16.01 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 redbrickseducation.org.
Company details
Contact details
Redbricks Education Foundation's registered office is in Ahmedabad, Gujarat. Its website is redbrickseducation.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEducation, Preschools, K-12 & Higher Education Institutions
To see the full contact details of Redbricks 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
Brands
Redbricks Education Foundation operates two associated brands: Redbricks Education and Redbricks School. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Education foundation inspired by Indian mythology, focusing on learning, practice, and art appreciation. | redbrickseducation.org | |
| ICSE affiliated schooling and educational services in Ahmedabad. | redbricks-school.org |
Financials of Redbricks Education Foundation
FY 2024 filings availableRedbricks Education Foundation reported revenue of ₹7.62 Cr (up 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 39% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹7.62 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹58.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.48 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.7% | ||||
| Net Profit Margin | -32.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Redbricks Education Foundation, buy the company report.
Board of directors of Redbricks Education Foundation
Redbricks Education Foundation has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umeshkumar Patel Also directs: Swara Education Properties Private Limited | Director | 05 Jun 2024 | 2 Years 4 Months | Current |
| Raj Kumar Joshi Also directs: Goodfarms Calfcare LLP, Abellon Bambooworks Limited, Swara Education Properties Private Limited and 2 more | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Prakashbhai Gadhavi Also directs: Redbricks Early Years Private Limited | Director | 03 Jul 2024 | 2 Years 3 Months | Current |
| Bipul Bikashkumar Banerjee Also directs: Redbricks Junior Education Limited | Additional Director | 18 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Redbricks Education Foundation is audited by SHAH & SHAH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & SHAH ASSOCIATES | FY 2023 | 047236 |
Shareholding
The shareholding of Redbricks 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Redbricks Education Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2024 | 100963170 | Others | ₹12.99 Cr | Open | |
| 16 Nov 2017 | 100138752 | Others | ₹16.01 Cr | Satisfied |
To see the full charge records of Redbricks Education Foundation, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Redbricks Education Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Redbricks Education Foundation was last rated by Brickwork on 28 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Dec 2020 |
To see the full credit ratings and regulatory alerts of Redbricks Education Foundation, buy the company report.
MSME payment delays
Redbricks Education Foundation has 10 MSME Form 1 returns on record between 2018 and 2024, listing 151 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Canytron Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Redbricks Education Foundation, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Redbricks Education Foundation has a workforce of 88 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Redbricks Education Foundation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Redbricks Education Foundation, buy the company report.
Recent activity
Redbricks Education Foundation has 13 board changes on record since 2009: 4 appointments and 9 cessations. The latest: Bipul Bikashkumar Banerjee was appointed as Additional Director on 18 Jan 2025.
9 earlier events are in the company report.
Frequently asked questions
Redbricks Education Foundation is an active public not for profit company based in Ahmedabad, Gujarat, India. The company works in preschools, within the education industry. It was incorporated on 21 January 2009 (17+ years old) and is registered under CIN U80301GJ2009NPL055939.
Redbricks Education Foundation has 4 current directors:
- Umeshkumar Patel - Director
- Raj Kumar Joshi - Director
- Prakashbhai Gadhavi - Director
- Bipul Bikashkumar Banerjee - Additional Director
The latest financial statements of Redbricks Education Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Redbricks Education Foundation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Redbricks Education Foundation is U80301GJ2009NPL055939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redbricks Education Foundation was incorporated on 21 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bipul Bikashkumar Banerjee was appointed as Additional Director on 18 Jan 2025. Prakashbhai Gadhavi ceased to be Additional Director on 27 Sep 2024. Umeshkumar Patel ceased to be Additional Director on 27 Sep 2024. Redbricks Education Foundation has 13 board changes on record in total.
Redbricks Education Foundation has 10 MSME Form 1 returns on record between 2018 and 2024, listing 151 overdue payments to 25 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Redbricks Education Foundation can be reached through the website redbrickseducation.org. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Redbricks Education Foundation is at 10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Redbricks Education Foundation operates in the education industry, in the preschools segment.