About Rise India Skills Solutions Private Limited
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Rise India Skills Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rise India Solutions Private Limited. It operates in the corporate training and development segment of the education sector. It was incorporated on 25 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2012PTC231463. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.57 Cr and a paid-up capital of ₹3.32 Cr. It was formerly known as Rise Skills Solutions Private Limited. It is led by directors including Ashok Jain Jasraj and Ajay Chhangani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Trade World D Wing4Th Floor Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.47 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹77.74 Lakh (net margin -399.3%) and EBITDA of ₹19.47 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 30% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹14.13 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website riseindia.in.
Company details
Contact details
Rise India Skills Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is riseindia.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressTrade World D Wing4Th Floor Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryEducation, Corporate Training & Development
To see the full contact details of Rise India Skills Solutions 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
Financials of Rise India Skills Solutions Private Limited
FY 2022 filings availableRise India Skills Solutions Private Limited reported revenue of ₹19.47 Lakh (down 78% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 78% fall in the latest year. EBITDA fell 77% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.47 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.74 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | -399.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rise India Skills Solutions Private Limited, buy the company report.
Board of directors of Rise India Skills Solutions Private Limited
Rise India Skills Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jain Jasraj Also directs: Viva Shahapur Land Developers LLP, Kodai Associates LLP, HPJ Real Estate LLP and 5 more | Director | 17 Feb 2014 | 12 Years 8 Months | Current |
| Ajay Chhangani Also directs: Rise India Padhopadhao Private Limited, Indicap Staffing Services LLP, One7 Minerals and Mines Private Limited and 5 more | Director | 07 Mar 2016 | 10 Years 8 Months | Current |
| Sumit Kishoremal Mehta Also directs: Rise India Solutions Private Limited, Rise India Education Solutions Private Limited, Dhaanishh Metal LLP and 5 more | Director | 08 Feb 2013 | 13 Years 8 Months | Current |
Peer comparison
Rise India Skills Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knowledge Library India Private Limited | ₹19.49 Lakh (FY 2025) | 75.0% | Delhi, India | |||
| Vknowledge Academy Private Limited | ₹19.48 Lakh (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Aacharya Infracon India Private Limited | ₹19.48 Lakh (FY 2025) | 6.0% | Begusarai, Bihar, India | |||
| Rise India Skills Solutions Private Limitedthis company | ₹19.47 Lakh (FY 2022) | -₹77.74 Lakh | -399.3% | -78.0% | Mumbai, Maharashtra, India | |
| Vip Academy Private Limited | ₹19.46 Lakh (FY 2025) | -47.0% | Ahmedabad, Gujarat, India | |||
| Tummala Consultants Private Limited | ₹19.46 Lakh (FY 2025) | 28.0% | Vijayawada, Andhra Pradesh, India |
To see the full peer comparison of Rise India Skills Solutions Private Limited, buy the company report.
Auditor
Rise India Skills Solutions Private Limited is audited by A AMIT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A AMIT & ASSOCIATES | FY 2022 | 151901W |
Shareholding
The shareholding of Rise India Skills Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rise India Skills Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2016 | 100050431 | Others | ₹14.13 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Rise India Skills Solutions Private Limited has 6 court cases on record: 1 filed by Rise India Skills Solutions, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Icici Bank Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Cassius Technologies Pvt Ltd and 2 others | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Rise India Skills Solutions 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 Rise India Skills Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rise India Skills Solutions has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Icfe Skills Solutions Private Limited | U72501DL1996PTC077131 |
To see the full group structure of Rise India Skills Solutions Private Limited, buy the company report.
GST
Rise India Skills Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rise India Skills Solutions Private Limited, buy the company report.
Recent activity
Rise India Skills Solutions Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Rajendra Jain Kumar ceased to be Director on 05 Aug 2019.
Frequently asked questions
Rise India Skills Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 25 May 2012 (14+ years old) and is registered under CIN U93030MH2012PTC231463.
Rise India Skills Solutions has 3 current directors:
- Ashok Jain Jasraj - Director
- Ajay Chhangani - Director
- Sumit Kishoremal Mehta - Director
The latest financial statements of Rise India Skills Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Rise India Skills Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rise India Skills Solutions is U93030MH2012PTC231463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rise India Skills Solutions has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending.
Rise India Skills Solutions was incorporated on 25 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rise India Skills Solutions by revenue are Knowledge Library India Private Limited, Vknowledge Academy Private Limited, Aacharya Infracon India Private Limited, Vip Academy Private Limited, Tummala Consultants Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education).
Rajendra Jain Kumar ceased to be Director on 05 Aug 2019. Ajay Chhangani ceased to be Additional Director on 01 Feb 2017. Ajay Chhangani was appointed as Director on 07 Mar 2016. Rise India Skills Solutions has 8 board changes on record in total.
Rise India Skills Solutions can be reached through the website riseindia.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Rise India Skills Solutions is at Trade World D Wing4Th Floor Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
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