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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 3 peer companies in the Education industry (Education Technology), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger; the largest is Zero Code Learning (OPC) Private Limited with revenue of ₹86.68 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
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
Ridik Grad Private Limited's registered office is in Bhubaneswar, Odisha. Its website is lecturenotes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressRoom No – 101A Flat No – 101, Block B Utkal Villa Apartment, Bhubaneswar, Odisha, India – 751022
- IndustryEducation, EdTech Solutions
To see the full contact details of Ridik Grad Private Limited, buy the company report.
Comprehensive company report
Ridik Grad Private Limited - one report that includes everything
- 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
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Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ridik Grad Private Limited, buy the company report.
Financials of Ridik Grad Private Limited
FY 2024 filings availableRidik 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹59.27 Lakh | ||||
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| Net Profit (PAT) | -₹1.28 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | -71.4% | ||||
| Net Profit Margin | -154.5% | ||||
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To see the full financial statements and ratios of Ridik Grad Private Limited, buy the company report.
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
Ridik Grad Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Education Technology), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹83.02 Lakh (FY 2024) | -₹1.28 Cr | -154.5% | -40.0% | 18 | Bhubaneswar, Odisha, India |
To see the full peer comparison of Ridik Grad Private Limited, buy the company report.
Auditor
Ridik Grad Private Limited is audited by RAKESH KUMAR GUPTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH KUMAR GUPTA & CO | FY 2023 | 329669E |
Shareholding
The shareholding of Ridik Grad 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ridik Grad Private Limited, buy the company report.
Deals & funding
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 |
To see the full deal history of Ridik Grad Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ridik Grad Private Limited 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 Ridik Grad Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 |
To see the full group structure of Ridik Grad Private Limited, buy the company report.
Employees & EPFO
Ridik Grad Private Limited has a workforce of 18 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-67.86%
GST
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 |
To see the full GST registrations and return filing status of Ridik Grad Private Limited, buy the company report.
Recent activity
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.
News
Frequently asked questions
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 has 4 current directors:
- Srustijeet Mishra - Managing Director
- Upamanyu Chatterjee - Additional Director
- Parthkumar Sanjay Jani - Additional Director
- Tapas Mohapatra - Additional Director
The latest financial statements of Ridik Grad 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 FY 2018 are in the company report.
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 Zero Code Learning (OPC) Private Limited, Auromeera Technometrix Private Limited, Empower Edtech Services Private Limited, all in the Education industry (Education Technology), with the same principal business activity (computer programming, consultancy and related activities).
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.
Yes, Ridik Grad is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ridik Grad can be reached through the website lecturenotes.in. Its registered office is in Bhubaneswar, Odisha, India.