Shikhar Foundation
About Shikhar Foundation
Data last updated:
Shikhar Foundation is a private not for profit company based in Raipur, Chhattisgarh, India. It operates in the cultural and other education segment of the education and learning sector. It was incorporated on 11 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U80300CT2011NPL022624.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devi Chand Shrishrimal and Vivek Shrishrimal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Lg – 27 Shourya Arcade Smavet Shikhar Complex Rajbandha Maidan, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.6 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1,940 (net margin 0.7%) and EBITDA of ₹1,940 (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressLg – 27 Shourya Arcade Smavet Shikhar Complex Rajbandha Maidan, Raipur, Chhattisgarh, India – 492001
- IndustryEducation & Learing, Cultural And Other Education, Recreation, Sports
- 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 Shikhar Foundation
The main business activity of Shikhar Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other 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 Shikhar Foundation FY 2021 filings available
Shikhar Foundation reported revenue of ₹2.6 Lakh (down 11% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Shikhar Foundation
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 41% 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 Shikhar Foundation
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹1,940 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,940 | •••• | •••• | •••• | •••• |
| 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 Shikhar Foundation
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Shikhar Foundation are in the company report.
Financial statements from 2015
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.
Peer Comparison of Shikhar Foundation
Shikhar Foundation is compared with the companies closest to it by revenue in the same principal business activity (Sports, recreation, cultural and other 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 |
|---|---|---|---|---|---|---|
| Hingorani Foundation | ₹2.64 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Vadodara, Gujarat, India |
| Realsync Technology Private Limited | ₹2.64 Lakh (FY 2024) | •••• | •••• | •••• | Dehradun, Uttarakhand, India | |
| Sprouts Change Management Private Limited | ₹2.63 Lakh (FY 2021) | •••• | •••• | -32.0% | •••• | Jaipur, Rajasthan, India |
| Skyder Diagnostics Limited | ₹2.61 Lakh (FY 2018) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Aiva Virtual Learning Private Limited | ₹2.61 Lakh (FY 2021) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Shikhar Foundation this company | ₹2.6 Lakh (FY 2021) | •••• | •••• | -11.0% | •••• | Raipur, Chhattisgarh, India |
| Vyasa Valmiki Academy Private Limited | ₹2.6 Lakh (FY 2017) | •••• | •••• | -61.0% | •••• | Guntur, Andhra Pradesh, India |
| Jehangir's School of Speech and Drama Private Limited | ₹2.58 Lakh (FY 2023) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Mather Academic Services | ₹2.56 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Ernakulam, Kerala, India |
| Ashasharath Cultural Centre Private Limited | ₹2.54 Lakh (FY 2024) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Great Indian Sports Foundation Private Limited | ₹2.53 Lakh (FY 2024) | •••• | •••• | 95.0% | •••• | Chengannur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Shikhar Foundation by revenue in the same principal business activity (Sports, recreation, cultural and other education), 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 Shikhar Foundation
Shikhar Foundation is audited by SHASHANK MOGHE & COMPANY for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHASHANK MOGHE & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shikhar Foundation
Shikhar Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devi Chand Shrishrimal | Director | 11 Aug 2011 | 15 Years 1 Months | Current |
| Vivek Shrishrimal | Director | 11 Aug 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Shikhar Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shikhar Foundation
Shikhar Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shikhar Foundation
Employment history and EPFO contributions of people linked to Shikhar 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 Shikhar Foundation
Shikhar Foundation has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Aparna Moghe ceased to be Director on 19 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Shikhar 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 Shikhar 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 Shikhar 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 Shikhar 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 Shikhar 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 Shikhar Foundation
Shikhar Foundation is an active private not for profit company based in Raipur, Chhattisgarh, India. The company works in cultural and other education, within the education and learning industry. It was incorporated on 11 August 2011 (15+ years old) and is registered under CIN U80300CT2011NPL022624.
Shikhar Foundation reported revenue of ₹2.6 Lakh for FY 2021 (down 11% YoY).
Shikhar Foundation has 2 current directors:
- Devi Chand Shrishrimal - Director
- Vivek Shrishrimal - Director
Shikhar Foundation reported a net profit of ₹1,940 (net margin 0.7%) and EBITDA of ₹1,940 (EBITDA margin 0.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shikhar Foundation is 7% over three years. In the latest year (FY 2021) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Shikhar Foundation is U80300CT2011NPL022624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shikhar Foundation was incorporated on 11 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Shikhar Foundation by revenue are Hingorani Foundation, Realsync Technology Private Limited, Sprouts Change Management Private Limited, Skyder Diagnostics Limited, Aiva Virtual Learning Private Limited and 5 more, all in the same principal business activity (Sports, recreation, cultural and other education).
Aparna Moghe ceased to be Director on 19 Feb 2020. Devi Chand Shrishrimal was appointed as Director on 11 Aug 2011. Vivek Shrishrimal was appointed as Director on 11 Aug 2011.
The registered office of Shikhar Foundation is at Lg – 27 Shourya Arcade Smavet Shikhar Complex Rajbandha Maidan, Raipur, Chhattisgarh, India – 492001.
Shikhar Foundation has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.