MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0022259
Sayona Education Systems Private Limited
Sayona Education Systems Private Limited - education & learing in Jetpur, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2018
₹4.79 Lakh
▼ 51% YoY
Net loss · FY 2018
₹82.74 Lakh
Latest filing
EBITDA · FY 2018
-₹73,670
EBITDA margin -15.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Satisfied charges
₹3.42 Cr
No open charges
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Sayona Education Systems Private Limited
Data last updated:
Sayona Education Systems Private Limited is a private limited company based in Jetpur, Gujarat, India. It operates in the higher education segment of the education and learning sector. It was incorporated on 30 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80300GJ2013PTC077010.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors including Hiren Jayantilal Vyas and Brijeshbhai Govindbhai Rupapara.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Madhav Park Kenal Kathe Nr. Dr. Vasavada Bunglow, Jetpur, Gujarat, India – 360370.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.79 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹82.74 Lakh and EBITDA of -₹73,670 (EBITDA margin -15.4%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years.
As per MCA filings, the company has satisfied charges of ₹3.42 Cr on record.
Sayona Education Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0022259). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U80300GJ2013PTC077010
Registration Number 077010
Incorporation Date 30 September 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0022259
Key People
Hiren Jayantilal Vyas Director Brijeshbhai Govindbhai Rupapara Director Nipa Narendrabhai Mehta Director Recognitions & Rankings of Sayona Education Systems
Contact details
Sayona Education Systems Private Limited's registered office is in Jetpur, Gujarat.
- Registered AddressMadhav Park Kenal Kathe Nr. Dr. Vasavada Bunglow, Jetpur, Gujarat, India – 360370
- IndustryEducation & Learing, Higher Education
Comprehensive company report
Sayona Education Systems 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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Financials of Sayona Education Systems Private Limited
FY 2018 filings availableSayona Education Systems Private Limited reported revenue of ₹4.79 Lakh (down 51% YoY) for FY 2018.
Revenue · FY 2018
₹4.79 Lakh ▼ 51%
Net loss · FY 2018
₹82.74 Lakh
EBITDA · FY 2018
-₹73,670 margin -15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 51%
Revenue fell 51% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA rose 87% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹73,670 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹82.74 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 | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -15.4% | |||
| Net Profit Margin | ||||
| 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 | ||||
To see the full financial statements and ratios of Sayona Education Systems Private Limited, buy the company report.
Board of directors of Sayona Education Systems Private Limited
Sayona Education Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Jayantilal Vyas Also directs: Jetpur E-Commerce Private Limited, Chivalry Security Solutions Private Limited, Vyas Edusys Private Limited and 1 more | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Brijeshbhai Govindbhai Rupapara Also directs: Shayona Education Foundation | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Nipa Narendrabhai Mehta Also directs: Vyas Edusys Private Limited | Director | 22 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Sayona Education Systems Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Learnovate Education Private Limited | ₹4.8 Lakh (FY 2018) | Sikar, Rajasthan, India | ||||
| Viyan Institute of Education Private Limited | ₹4.79 Lakh (FY 2018) | 47.0% | Bhagalpur, Bihar, India | |||
| Sayona Education Systems Private Limitedthis company | ₹4.79 Lakh (FY 2018) | -₹82.74 Lakh | -51.0% | Jetpur, Gujarat, India | ||
| Radiation Education Services Private Limited | ₹4.77 Lakh (FY 2024) | -74.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Sayona Education Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2015 | 10605888 | Rajkot Nagarik Sahakari Bank Limited | ₹3.42 Cr | Satisfied |
To see the full charge records of Sayona Education Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sayona Education Systems 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 Sayona Education Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sayona Education Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sayona Education Systems Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Govindkumar Dhanji Vagadia ceased to be Director on 09 Apr 2015.
Charges
A charge registered on 03 Dec 2015 via Charge ID 10605888 with Rajkot Nagarik Sahakari Bank Limited was fully satisfied on 22 Mar 2023.
AGM
Sayona Education Systems Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Sayona Education Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.
Charges
A charge with Rajkot Nagarik Sahakari Bank Limited amounted to Rs. 3.42 Cr with Charge ID 10605888 was registered on 03 Dec 2015.
Ceased
Govindkumar Dhanji Vagadia ceased to be Director.
Ceased
Harish Dhanji Vagadiya ceased to be Director.
Ceased
Govindbhai Virjibhai Roopapara ceased to be Director.
Appointed
Nipa Narendrabhai Mehta was appointed as Director.
Appointed
Brijeshbhai Govindbhai Rupapara was appointed as Director.
Appointed
Hiren Jayantilal Vyas was appointed as Director.
Incorporation
30 Sep 2013
Sayona Education Systems Private Limited was registered on 30 Sep 2013 with Roc Ahmedabad & aged 13 years 1 month as per MCA records.
Frequently asked questions
Sayona Education Systems is an active private limited company based in Jetpur, Gujarat, India. The company works in higher education, within the education and learning industry. It was incorporated on 30 September 2013 (13+ years old) and is registered under CIN U80300GJ2013PTC077010.
Sayona Education Systems has 3 current directors:
- Hiren Jayantilal Vyas - Director
- Brijeshbhai Govindbhai Rupapara - Director
- Nipa Narendrabhai Mehta - Director
The latest financial statements of Sayona Education Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sayona Education Systems is U80300GJ2013PTC077010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sayona Education Systems was incorporated on 30 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sayona Education Systems by revenue are Learnovate Education Private Limited, Viyan Institute of Education Private Limited, Radiation Education Services Private Limited, all in the Ecommerce and Internet industry (Education).
Govindkumar Dhanji Vagadia ceased to be Director on 09 Apr 2015. Harish Dhanji Vagadiya ceased to be Director on 09 Apr 2015. Govindbhai Virjibhai Roopapara ceased to be Director on 22 Dec 2014. Sayona Education Systems has 6 board changes on record in total.
Yes, Sayona Education Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0022259).
The registered office of Sayona Education Systems is at Madhav Park Kenal Kathe Nr. Dr. Vasavada Bunglow, Jetpur, Gujarat, India – 360370.
Sayona Education Systems operates in the education and learning industry, in the higher education segment.
Sayona Education Systems has no open charges and satisfied charges of ₹3.42 Cr as per latest MCA filings.
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