- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0049876

About TSM Education Private Limited
Data last updated:
TSM Education Private Limited is a private limited company based in Karjat, Maharashtra, India, a subsidiary of Enki Professional Holdings. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 17 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC214915. Its GSTIN is 27AAJCA3220E1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.39 Lakh. It was formerly known as Aquastone Hospitality & Management Services Private Limited. It is led by directors including Nitin Kurian Chandy and Sheena Lawrence.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 106 Wing E Rosa – 1 Eco Greens Phase – 2 Building No – 3 Neral Road Deulwadi., Karjat, Maharashtra, India – 410201.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.24 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹10.52 Lakh and EBITDA of -₹6.55 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 75% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: True School. As per MCA filings, the company has satisfied charges of ₹3 Cr on record. Court records list 15 cases involving the company, including 15 filed against it; 7 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹25.3 Cr; the latest was in April 2015.
TSM Education Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049876). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trueschool.in.
CIN History
TSM Education has one previous CIN (Corporate Identification Number): U74900MH2011PTC214915. The current CIN is U74999MH2011PTC214915, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2011PTC214915 | Current |
| U74900MH2011PTC214915 | Previous |
Recognitions & Rankings of TSM Education
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No. 106 Wing E Rosa – 1 Eco Greens Phase – 2 Building No – 3 Neral Road Deulwadi., Karjat, Maharashtra, India – 410201
- IndustryEducation, Vocational & Skill Development Training
- 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
Associated Brands
TSM Education operates one associated brand: True School. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Music courses in instruments, vocals, DJing, and production are provided. | trueschool.in |
Business Activity
The main business activity of TSM Education is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities | 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
Financials of TSM Education Private Limited
FY 2025 filings availableTSM Education Private Limited reported revenue of ₹1.24 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 78% fall in the latest year. EBITDA fell 123% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | -₹6.55 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹10.52 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, 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 TSM Education are in the company report.
: available in the company report
Board of Directors of TSM Education Private Limited
TSM Education has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kurian Chandy | Director | 19 Feb 2013 | 13 Years 8 Months | Current |
| Sheena Lawrence | Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Ashutosh Arun Phatak | Director | 19 Feb 2013 | 13 Years 8 Months | Current |
Auditor Details
TSM Education Private Limited is audited by N M RAIJI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N M RAIJI & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2019 | Tjsb Sahakari Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding
TSM Education Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹25.3 Cr; the latest was in April 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Funding round | ₹3.75 Cr | Investors: Enki Professionals Holdings |
| Oct 2014 | Funding round | ₹1.55 Cr | Investors: Enki Professionals Holdings |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
TSM Education Private Limited has 15 court cases on record: 15 filed against it. 7 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 4 |
| High courts | 4 | 4 | 3 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by India Capital Advisors Pvt. Ltd. and Anr. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by India Capital Advisors Pvt. Ltd. and Anr. | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by India Capital Advisors Pvt. Ltd. and Anr. | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by India Capital Advisors Pvt. Ltd. and Anr. | Pending |
| High Court, MAHARASHTRA | Court case (LPETN) | Filed against the company by India Capital Advisors Pvt. Ltd. and Anr. | Pending |
: available in 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.
Employees and EPFO Compliance
TSM Education Private Limited has a workforce of 51 employees as of Apr 06, 2024.
: available in the company report
Recent Activity
TSM Education Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Sheena Lawrence ceased to be Additional Director on 29 Sep 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
TSM Education has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA3220E1Z5 | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
TSM Education is an active private limited company based in Karjat, Maharashtra, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 17 March 2011 (15+ years old) and is registered under CIN U74999MH2011PTC214915.
TSM Education has 3 current directors:
- Nitin Kurian Chandy - Director
- Sheena Lawrence - Director
- Ashutosh Arun Phatak - Director
The latest financial statements of TSM Education on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of TSM Education is 27AAJCA3220E1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of TSM Education is U74999MH2011PTC214915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TSM Education has 15 court cases on record: 15 filed against it. 7 are pending. Most are in the district courts.
TSM Education was incorporated on 17 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
TSM Education has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹25.3 Cr; the latest was in April 2015.
Sheena Lawrence ceased to be Additional Director on 29 Sep 2024. Sheena Lawrence was appointed as Director on 19 Jan 2024. Anuraag Srivastava ceased to be Director on 21 Sep 2022. TSM Education has 10 board changes on record in total.
Yes, TSM Education is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0049876).