India's Richest People 2026 edition · 1 director · Source: Hurun India
- #793 Ashok Kumar Goel ₹3,900 Cr
Revenue · FY 2025
₹31.94 Cr
▼ 55% YoY
Net profit · FY 2025
₹25.95 Cr
Net margin 81.2%
EBITDA · FY 2025
₹28.15 Cr
EBITDA margin 88.2%
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
Company status
Active
MCA master data
About Vaibbhav Ashok Goel Foundation
Data last updated:
Vaibbhav Ashok Goel Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 03 August 2010 and has been in existence for over 16 years.
Its director Ashok Kumar Goel is #793 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2010NPL206213.
It was formerly known as Kaveeta and Ashok Goel Charity Foundation and Vardaana Financial Inclusion Foundation. It is led by directors including Ashok Kumar Nandkishore Goenka Goel and Ramesh Chander Gupta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.94 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹25.95 Cr (net margin 81.2%) and EBITDA of ₹28.15 Cr (EBITDA margin 88.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 25% 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 vagfoundation.com.
Company details
CIN U65990MH2010NPL206213
Registration Number 206213
Incorporation Date 03 August 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Vaibbhav Ashok Goel Foundation has undergone 3 name changes throughout its history. The company was previously known as Kaveeta And Ashok Goel Charity Foundation, Vardaana Financial Inclusion Foundation, and Vaibbhav Ashok Goel Charity Foundation. The current legal name is Vaibbhav Ashok Goel Foundation.
| Company Name | Status |
|---|---|
| Vaibbhav Ashok Goel Foundation | Current |
| Kaveeta And Ashok Goel Charity Foundation | Previous |
| Vardaana Financial Inclusion Foundation | Previous |
| Vaibbhav Ashok Goel Charity Foundation | Previous |
Key People
Ashok Kumar Nandkishore Goenka Goel Director Ramesh Chander Gupta Director Sunil Singhal Director Recognitions & Rankings of Vaibbhav Ashok Goel Foundation
Contact details
Vaibbhav Ashok Goel Foundation's registered office is in Mumbai, Maharashtra. Its website is vagfoundation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14th Floor Times Tower Kamala City Kamala Mill Compound Senapati Bapat Marg Lower Par, El, Mumbai, Maharashtra, India – 400013
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Vaibbhav Ashok Goel Foundation, buy the company report.
Comprehensive company report
Vaibbhav Ashok Goel 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
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Financials of Vaibbhav Ashok Goel Foundation
FY 2025 filings availableVaibbhav Ashok Goel Foundation reported revenue of ₹31.94 Cr (down 55% YoY) for FY 2025.
Revenue · FY 2025
₹31.94 Cr ▼ 55%
Net profit · FY 2025
₹25.95 Cr margin 81.2%
EBITDA · FY 2025
₹28.15 Cr margin 88.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 27%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 273%
5 years · compounded
▲ 46%
Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.2% | ||||
| Net Profit Margin | 81.2% | ||||
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To see the full financial statements and ratios of Vaibbhav Ashok Goel Foundation, buy the company report.
Board of directors of Vaibbhav Ashok Goel Foundation
Vaibbhav Ashok Goel Foundation has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Nandkishore Goenka Goel | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Ramesh Chander Gupta | Director | 03 Jun 2016 | 10 Years 5 Months | Current |
| Sunil Singhal | Director | 29 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Vaibbhav Ashok Goel Foundation is audited by MGB & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGB & CO. LLP | FY 2023 | 101169W/W-100035 |
Shareholding
The shareholding of Vaibbhav Ashok Goel Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Vaibbhav Ashok Goel Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Vaibbhav Ashok Goel 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 Vaibbhav Ashok Goel Foundation; 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 Vaibbhav Ashok Goel Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vaibbhav Ashok Goel Foundation has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Ashok Kumar Nandkishore Goenka Goel was appointed as Director on 30 Sep 2019.
AGM
Vaibbhav Ashok Goel Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vaibbhav Ashok Goel Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ashok Kumar Nandkishore Goenka Goel was appointed as Director.
Ceased
Sunil Singhal ceased to be Additional Director.
Ceased
Ajitkumar Mathur ceased to be Director.
Appointed
Sunil Singhal was appointed as Director.
Ceased
Anilkumar Babu Goyal ceased to be Additional Director.
Appointed
Ramesh Chander Gupta was appointed as Director.
Ceased
Ashok Kumar Nandkishore Goenka Goel ceased to be Director.
Ceased
Kaveeta Ashok Goel ceased to be Director.
Ceased
Manoj Phoolchand Agarwal ceased to be Director.
Ceased
Sundararaja Srinivasan ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Vaibbhav Ashok Goel Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 03 August 2010 (16+ years old) and is registered under CIN U65990MH2010NPL206213.
Vaibbhav Ashok Goel Foundation has 3 current directors:
- Ashok Kumar Nandkishore Goenka Goel - Director
- Ramesh Chander Gupta - Director
- Sunil Singhal - Director
The latest financial statements of Vaibbhav Ashok Goel Foundation 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 CIN (Corporate Identification Number) of Vaibbhav Ashok Goel Foundation is U65990MH2010NPL206213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaibbhav Ashok Goel Foundation was incorporated on 03 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Kumar Nandkishore Goenka Goel was appointed as Director on 30 Sep 2019. Sunil Singhal ceased to be Additional Director on 30 Sep 2019. Ajitkumar Mathur ceased to be Director on 29 Jul 2019. Vaibbhav Ashok Goel Foundation has 10 board changes on record in total.
Vaibbhav Ashok Goel Foundation can be reached through the website vagfoundation.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vaibbhav Ashok Goel Foundation is at 14th Floor Times Tower Kamala City Kamala Mill Compound Senapati Bapat Marg Lower Par, El, Mumbai, Maharashtra, India – 400013.
Vaibbhav Ashok Goel Foundation operates in the education and learning industry, in the educational support services segment.
The compliance status of Vaibbhav Ashok Goel Foundation is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
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