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Ridik Grad Private Limited - education in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹83.02 Lakh
▼ 40% YoY
Net loss · FY 2024
₹1.28 Cr
Net margin -154.5%
EBITDA · FY 2024
-₹59.27 Lakh
EBITDA margin -71.4%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹3.02 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
18
Provident fund records
Directors on board
4
As per MCA filings
About Ridik Grad Private Limited
Data last updated:
Ridik Grad Private Limited is a private limited company based in Bhubaneswar, Odisha, India, a subsidiary of Ridik Capital Pte Ltd and recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 12 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017PTC027326. Its GSTIN is 21AADCL3604P2ZK (Odisha). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹3.02 Lakh. It is led by directors including Srustijeet Mishra (Managing Director) and Upamanyu Chatterjee.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.02 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹1.28 Cr (net margin -154.5%) and EBITDA of -₹59.27 Lakh (EBITDA margin -71.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 28% over five years.
The company has about 18 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: LectureNotes Technologies. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹8.17 Cr; the latest was in March 2022. Its 10 peer companies in the Education industry (Education Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Edutechtionalists India Private Limited with revenue of ₹87.35 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lecturenotes.in.
Company Details of Ridik Grad Private Limited
CIN U74999OR2017PTC027326
Registration Number 027326
Incorporation Date 12 July 2017
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ridik Capital Pte Ltd
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Srustijeet Mishra Managing Director Upamanyu Chatterjee Additional Director Parthkumar Sanjay Jani Additional Director Recognitions & Rankings of Ridik Grad
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressRoom No – 101A Flat No – 101, Block B Utkal Villa Apartment, Bhubaneswar, Odisha, India – 751022
- IndustryEducation, EdTech Solutions
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Associated Brands with Ridik Grad Private Limited
Ridik Grad operates one associated brand: LectureNotes Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marketplace for undergraduate students' notes, faculty notes, and solved question papers | lecturenotes.in |
Business Activity of Ridik Grad Private Limited
The main business activity of Ridik Grad is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ridik Grad Private Limited FY 2024 filings available
Ridik Grad Private Limited reported revenue of ₹83.02 Lakh (down 40% YoY) for FY 2024.
Revenue · FY 2024
₹83.02 Lakh ▼ 40%
Net loss · FY 2024
₹1.28 Cr margin -154.5%
EBITDA · FY 2024
-₹59.27 Lakh margin -71.4%
Compounded Annual Growth Rate (CAGR) of Ridik Grad Private Limited
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 7%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 1%
5 years · compounded
▼ 171%
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA rose 82% 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 of Ridik Grad Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹59.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.28 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ridik Grad Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -71.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -154.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ridik Grad are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Ridik Grad Private Limited
Ridik Grad has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upamanyu Chatterjee | Additional Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Parthkumar Sanjay Jani Also directs: Yin Yang Film Studios LLP | Additional Director | 15 Mar 2022 | 4 Years 7 Months | Current |
| Srustijeet Mishra Also directs: Aurassure Private Limited, Yanklik Foods Private Limited, Silicon Techlab Education Private Limited and 3 more | Managing Director | 18 Jul 2019 | 7 Years 3 Months | Current |
| Tapas Mohapatra | Additional Director | 02 Jun 2025 | 1 Years 4 Months | Current |
Peer Comparison of Ridik Grad Private Limited
Ridik Grad Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edutechtionalists India Private Limited | ₹87.35 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Hyderabad, Telangana, India |
| Edsanta Education Private Limited | ₹87.22 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Zero Code Learning (OPC) Private Limited | ₹86.68 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Auromeera Technometrix Private Limited | ₹86.28 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Bhavnagar, Gujarat, India |
| Empower Edtech Services Private Limited | ₹83.65 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Jaipur, Rajasthan, India |
| Ridik Grad Private Limited this company | ₹83.02 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Bhubaneswar, Odisha, India |
| Scharan Chettak Publication Private Limited | ₹82.57 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Taranagar, Rajasthan, India |
| Talentbridge Technologies Private Limited | ₹81.72 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
| Klip VR Immersive Technologies Private Limited | ₹80.95 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Delhi, India |
| LBD Robotics Private Limited | ₹80.85 Lakh (FY 2022) | •••• | •••• | 22.0% | •••• | Samaipur, Delhi, India |
| Educase India Private Limited | ₹80.64 Lakh (FY 2024) | •••• | •••• | 325.0% | •••• | Jodhpur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Ridik Grad by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ridik Grad Private Limited
Ridik Grad Private Limited is audited by RAKESH KUMAR GUPTA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH KUMAR GUPTA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ridik Grad Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ridik Grad Private Limited
Ridik Grad Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Ridik Grad Private Limited
Ridik Grad Private Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹8.17 Cr; the latest was in March 2022.
Total deals
10
Funding rounds
6
Secondary share transfers
4
Disclosed funding
₹8.17 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹5.83 Cr | Investors: Jani Ventures |
| Nov 2021 | Funding round | ₹8.9 Lakh | Investors: 3 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Ridik Capital Pte Limited Seller: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Ridik Capital Pte Limited Seller: an individual |
| Feb 2021 | Funding round | ₹19.3 Lakh | Investors: Ridik Capital Pte Limited |
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Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Ridik Grad Private Limited
Ridik Grad Private Limited has a workforce of 18 employees as of Apr 09, 2024.
Employee count
18
Active EPFO establishments
1
Employee growth
-67.86%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Ridik Grad Private Limited
Ridik Grad has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Shalatech Private Limited | U80903WB2020PTC239751 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Ridik Grad Private Limited
Ridik Grad Private Limited has 9 board changes on record since 2019: 4 appointments and 5 cessations. The latest: Tapas Mohapatra was appointed as Additional Director on 02 Jun 2025.
Appointed
Tapas Mohapatra was appointed as Additional Director.
AGM
Ridik Grad Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ridik Grad Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Ceased
Aman Dutta ceased to be Additional Director.
Appointed
Upamanyu Chatterjee was appointed as Additional Director.
Ceased
Sanjeev Nayak ceased to be Director.
Appointed
Parthkumar Sanjay Jani was appointed as Additional Director.
Ceased
Ayush Agrawal ceased to be Director.
Ceased
Srustijeet Mishra ceased to be Director.
Ceased
Simadri Sibananda Achari ceased to be Director.
Appointed
Srustijeet Mishra was appointed as Managing Director.
Incorporation
12 Jul 2017
Ridik Grad Private Limited was registered on 12 Jul 2017 with Roc Cuttack & aged 9 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ridik Grad Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Ridik Grad Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Ridik Grad Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Ridik Grad Private Limited
Ridik Grad has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCL3604P2ZK | Odisha | Active | 04 Oct 2021 |
| 06AADCL3604P1ZD | Haryana | Active | 03 Jul 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Ridik Grad Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Ridik Grad Private Limited
Frequently Asked Questions about Ridik Grad Private Limited
Ridik Grad is an active private limited company based in Bhubaneswar, Odisha, India. The company works in edtech solutions, within the education industry. It was incorporated on 12 July 2017 (9+ years old) and is registered under CIN U74999OR2017PTC027326.
Ridik Grad reported revenue of ₹83.02 Lakh for FY 2024 (down 40% YoY).
Ridik Grad has 4 current directors:
- Srustijeet Mishra - Managing Director
- Upamanyu Chatterjee - Additional Director
- Parthkumar Sanjay Jani - Additional Director
- Tapas Mohapatra - Additional Director
Ridik Grad reported a net loss of ₹1.28 Cr (net margin -154.5%) and EBITDA of -₹59.27 Lakh (EBITDA margin -71.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ridik Grad is -7% over three years and 28% over five years. In the latest year (FY 2024) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ridik Grad is 21AADCL3604P2ZK, registered in Odisha. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AADCL3604P1ZD (Haryana).
The CIN (Corporate Identification Number) of Ridik Grad is U74999OR2017PTC027326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ridik Grad was incorporated on 12 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
Ridik Grad has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹8.17 Cr; the latest was in March 2022.
The peers of Ridik Grad by revenue are Edutechtionalists India Private Limited, Edsanta Education Private Limited, Zero Code Learning (OPC) Private Limited, Auromeera Technometrix Private Limited, Empower Edtech Services Private Limited and 5 more, all in the Education industry (Education Technology).
Tapas Mohapatra was appointed as Additional Director on 02 Jun 2025. Aman Dutta ceased to be Additional Director on 15 May 2023. Upamanyu Chatterjee was appointed as Additional Director on 20 Apr 2022. Ridik Grad has 9 board changes on record in total.