India's Richest People 2026 edition · 1 director · Source: Hurun India
- #127 Ajay Piramal ₹26,800 Cr
Revenue · FY 2023
₹57.42 Lakh
▲ 6347% YoY
Net loss · FY 2023
₹21,241
Net margin -0.4%
EBITDA · FY 2023
-₹21,241
EBITDA margin -0.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Taking India Forward Foundation
Data last updated:
Taking India Forward Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
Its director Ajay Piramal is #127 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017NPL289721. Its GSTIN is 27AAGCT0818A1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajay Gopikisan Piramal and Purvi Sanjay Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Floor – 11 Plot – 59B B Fionika Walkeshwar Road Opp. Sital Baug Malabar Hill, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2023, the company reported a revenue of ₹57.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹21,241 (net margin -0.4%) and EBITDA of -₹21,241 (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 256% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website takingindiaforward.in.
Company details
CIN U74999MH2017NPL289721
Registration Number 289721
Incorporation Date 18 January 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Recognitions & Rankings of Taking India Forward Foundation
Contact details
Taking India Forward Foundation's registered office is in Mumbai, Maharashtra. Its website is takingindiaforward.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFloor – 11 Plot – 59B B Fionika Walkeshwar Road Opp. Sital Baug Malabar Hill, Mumbai, Maharashtra, India – 400006
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Taking India Forward Foundation, buy the company report.
Comprehensive company report
Taking India Forward Foundation - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Taking India Forward Foundation
FY 2023 filings availableTaking India Forward Foundation reported revenue of ₹57.42 Lakh (up 6347% YoY) for FY 2023.
Revenue · FY 2023
₹57.42 Lakh ▲ 6347%
Net loss · FY 2023
₹21,241 margin -0.4%
EBITDA · FY 2023
-₹21,241 margin -0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 37%
5 years · compounded
▲ 256%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▼ 27%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 256% over five years. EBITDA rose 85% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.42 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21,241 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21,241 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -0.4% | ||||
| 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 Taking India Forward Foundation, buy the company report.
Board of directors of Taking India Forward Foundation
Taking India Forward Foundation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gopikisan Piramal | Director | 24 Oct 2023 | 3 Years 0 Months | Current |
| Purvi Sanjay Shah | Director | 23 Nov 2017 | 8 Years 11 Months | Current |
| Rishabh Sanjay Shah Also directs: Taking Yuva Forward Foundation | Director | 18 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Taking India Forward Foundation is audited by S J SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S J SHAH & ASSOCIATES | FY 2023 | 016883 |
Shareholding
The shareholding of Taking India Forward Foundation 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 Taking India Forward Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Taking India Forward Foundation 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 Taking India Forward Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Taking India Forward Foundation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT0818A1ZR | Maharashtra | Active | 19 Jan 2022 |
To see the full GST registrations and return filing status of Taking India Forward Foundation, buy the company report.
Recent activity
Taking India Forward Foundation has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ajay Gopikisan Piramal was appointed as Director on 24 Oct 2023.
Appointed
Ajay Gopikisan Piramal was appointed as Director.
AGM
Taking India Forward Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Taking India Forward Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Purvi Sanjay Shah was appointed as Director.
Ceased
Mitesh Manoharlal Mehta ceased to be Director.
Appointed
Rishabh Sanjay Shah was appointed as Director.
Incorporation
18 Jan 2017
Taking India Forward Foundation was registered on 18 Jan 2017 with Roc Mumbai & aged 9 years 9 months as per MCA records.
Frequently asked questions
Taking India Forward Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U74999MH2017NPL289721.
Taking India Forward Foundation has 3 current directors:
- Ajay Gopikisan Piramal - Director
- Purvi Sanjay Shah - Director
- Rishabh Sanjay Shah - Director
The latest financial statements of Taking India Forward Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Taking India Forward Foundation is 27AAGCT0818A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Taking India Forward Foundation is U74999MH2017NPL289721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Taking India Forward Foundation was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajay Gopikisan Piramal was appointed as Director on 24 Oct 2023. Purvi Sanjay Shah was appointed as Director on 23 Nov 2017. Mitesh Manoharlal Mehta ceased to be Director on 20 Nov 2017. Taking India Forward Foundation has 4 board changes on record in total.
Taking India Forward Foundation can be reached through the website takingindiaforward.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Taking India Forward Foundation is at Floor – 11 Plot – 59B B Fionika Walkeshwar Road Opp. Sital Baug Malabar Hill, Mumbai, Maharashtra, India – 400006.
Taking India Forward Foundation operates in the education industry, in the k-12 and higher education institutions segment.