Set Foundation
About Set Foundation
Data last updated:
Set Foundation is a private not for profit company based in Kolkata, West Bengal, India. It was incorporated on 05 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U84120WB2016NPL217423.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashi Bhushan and Rohit Prakash Prit.
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 P – 38 Princep Street 1st Floor Room No. 12, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.94 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Lakh (net margin -6.9%) and EBITDA of -₹5.03 Lakh (EBITDA margin -6.9%). Revenue has grown at a compounded annual rate (CAGR) of 445% over three years and 180% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Set Foundation
Set Foundation has one previous CIN (Corporate Identification Number): U74999WB2016NPL217423. The current CIN is U84120WB2016NPL217423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U84120WB2016NPL217423 | Current |
| U74999WB2016NPL217423 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressP – 38 Princep Street 1st Floor Room No. 12, Kolkata, West Bengal, India – 700072
- 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
- One PDF report, delivered after checkout
Business Activity of Set Foundation
The main business activity of Set Foundation is education. In detail, this covers education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | 85 | Education | Locked |
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 Set Foundation FY 2024 filings available
Set Foundation reported revenue of ₹72.94 Lakh (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Set Foundation
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 180%. 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 Set Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹5.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.03 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 of Set Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.9% | •••• | •••• | •••• | •••• |
| 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 Set Foundation are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Set Foundation
Set Foundation has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Bhushan Also directs: Hivenova Private Limited, Vanisha Infra Projects Private Limited, Edujar Private Limited and 1 more | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Rohit Prakash Prit | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
Peer Comparison of Set Foundation
Set Foundation is compared with the companies closest to it by revenue in the same principal business activity (Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Institute of Logistics and Supply Chain Management India Private Limited | ₹73.34 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Frehindi Education Private Limited | ₹73.12 Lakh (FY 2024) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
| Weinspire Techsolution Private Limited | ₹73.09 Lakh (FY 2024) | •••• | •••• | 438.0% | •••• | Noida, Uttar Pradesh, India |
| Sengupta Maams Tutorial Private Limited | ₹73.02 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Hami Edulegal Private Limited | ₹73.02 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | Akola, Maharashtra, India |
| Set Foundation this company | ₹72.94 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| Akd Kids Private Limited | ₹72.58 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Jalpaiguri, West Bengal, India |
| De Learningplus Private Limited | ₹72.35 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Oswin Creative Ignite Private Limited | ₹72.27 Lakh (FY 2025) | •••• | •••• | 260.0% | •••• | Nagpur, Maharashtra, India |
| Ush Education Private Limited | ₹72.13 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Agra, Uttar Pradesh, India |
| 99Notes Edtech Private Limited | ₹72.02 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Set Foundation by revenue in the same principal business activity (Education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Set Foundation
Set Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Set Foundation
Employment history and EPFO contributions of people linked to Set Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Set Foundation
Set Foundation has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Abhijit Verma ceased to be Director on 16 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Set Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Set Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Set Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Set Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Set Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Set Foundation
Set Foundation is an active private not for profit company based in Kolkata, West Bengal, India. It was incorporated on 05 September 2016 (10+ years old) and is registered under CIN U84120WB2016NPL217423.
Set Foundation reported revenue of ₹72.94 Lakh for FY 2025 (down 31% YoY).
Set Foundation has 2 current directors:
- Shashi Bhushan - Director
- Rohit Prakash Prit - Director
Set Foundation reported a net loss of ₹5.03 Lakh (net margin -6.9%) and EBITDA of -₹5.03 Lakh (EBITDA margin -6.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Set Foundation is 445% over three years and 180% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Set Foundation is U84120WB2016NPL217423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Set Foundation was incorporated on 05 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Set Foundation by revenue are Om Institute of Logistics and Supply Chain Management India Private Limited, Frehindi Education Private Limited, Weinspire Techsolution Private Limited, Sengupta Maams Tutorial Private Limited, Hami Edulegal Private Limited and 5 more, all in the same principal business activity (Education).
Abhijit Verma ceased to be Director on 16 Oct 2024. Ajit Kumar Pandey ceased to be Director on 26 Jun 2023. Indu Pandey ceased to be Additional Director on 26 Jun 2023. Set Foundation has 7 board changes on record in total.
The registered office of Set Foundation is at P – 38 Princep Street 1st Floor Room No. 12, Kolkata, West Bengal, India – 700072.
Set Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.