About Vanik Education Private Limited
Data last updated:
Vanik Education Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 10 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U80903OR2014PTC018335. Its GSTIN is 21AAFCV2531H1ZQ (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Lakh. It is led by directors Sita Lata Chhatoi and Subrat Kumar Chhatoi.
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 B 61 – A&B 2nd Floor Janpath Sahid Nagar, Bhubaneswar, Orissa, India – 751007.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.1 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹27.41 Lakh (net margin 1.7%) and EBITDA of ₹89.94 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 77% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vanik.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressB 61 – A&B 2nd Floor Janpath Sahid Nagar, Bhubaneswar, Orissa, India – 751007
- IndustryEducation, Corporate Training & Development
- 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 Vanik Education Private Limited
The business activities of Vanik Education are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Vanik Education Private Limited FY 2024 filings available
Vanik Education Private Limited reported revenue of ₹16.1 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vanik Education Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 77% over five years, including 10% growth in the latest year. EBITDA rose 247% 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 Vanik Education Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹89.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.41 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 Vanik Education Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Vanik Education 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 Vanik Education Private Limited
Vanik Education Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sargam Supermarkets Private Limited | •••• | •••• | •••• | •••• | - | Sangamner, Maharashtra, India |
| Medha Learning Foundation | •••• | •••• | •••• | •••• | 60 | Lucknow, Uttar Pradesh, India |
| Everdeen Learning Private Limited | •••• | •••• | •••• | •••• | 22 | Delhi, India |
| Information and Communication Technology Academy of Kerala | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Convergia Digital Education Private Limited | •••• | •••• | •••• | •••• | 37 | Delhi, India |
| Vanik Education Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Ethnus Consultancy Services Private Limited | •••• | •••• | •••• | •••• | 131 | Bengaluru, Karnataka, India |
| Meridian Edutech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Madhapur, Telangana, India |
| Charter School for Education and Research | •••• | •••• | •••• | •••• | 123 | Ernakulam, Kerala, India |
| T.I.M.E. Education Bangalore Private Limited | •••• | •••• | •••• | •••• | 11 | Secunderabad, Telangana, India |
| Global Lifeline Health Care Private Limited | •••• | •••• | •••• | •••• | - | Korba, Chattisgarh, India |
Peers are the five companies nearest above and the five nearest below Vanik Education by revenue in the Education industry (Corporate and Commercial Training, Education), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Vanik Education Private Limited
Vanik Education Private Limited is audited by S R B & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B & ASSOCIATES | 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 Vanik Education Private Limited
Vanik Education has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sita Lata Chhatoi | Director | 10 Oct 2014 | 11 Years 11 Months | Current |
| Subrat Kumar Chhatoi Also directs: Feegrow Agro Limited, Vanik Publications Private Limited, Orivilla Properties Private Limited and 2 more | Director | 10 Oct 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Vanik Education Private Limited
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 Vanik Education Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2025 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Vanik Education Private Limited
Vanik Education Private Limited has 3 court cases on record: 3 filed by Vanik Education. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Odisha State Road Transport Corporation (Osrtc), BBSR | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 at Vanik Education Private Limited
Vanik Education Private Limited has a workforce of 100 employees as of Apr 09, 2024.
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 Vanik Education Private Limited
Vanik Education Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Sita Lata Chhatoi was appointed as Director on 10 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Vanik Education Private Limited
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 Vanik Education Private Limited
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 Vanik Education Private Limited
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 Vanik Education Private Limited
Vanik Education has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCV2531H1ZQ | Odisha | Active | 01 Jul 2017 |
| 19AAFCV2531H1ZB | West Bengal | Active | 08 Jul 2019 |
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 Vanik Education Private Limited
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 Vanik Education Private Limited
Vanik Education is an active private limited company based in Bhubaneswar, Orissa, India. The company works in corporate training and development, within the education industry. It was incorporated on 10 October 2014 (12+ years old) and is registered under CIN U80903OR2014PTC018335.
Vanik Education reported revenue of ₹16.1 Cr for FY 2024 (up 10% YoY).
Vanik Education has 2 current directors:
- Sita Lata Chhatoi - Director
- Subrat Kumar Chhatoi - Director
Vanik Education reported a net profit of ₹27.41 Lakh (net margin 1.7%) and EBITDA of ₹89.94 Lakh (EBITDA margin 5.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vanik Education is 68% over three years and 77% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vanik Education is 21AAFCV2531H1ZQ, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAFCV2531H1ZB (West Bengal).
The CIN (Corporate Identification Number) of Vanik Education is U80903OR2014PTC018335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vanik Education has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.
Vanik Education was incorporated on 10 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Vanik Education by revenue are Sargam Supermarkets Private Limited, Medha Learning Foundation, Everdeen Learning Private Limited, Information and Communication Technology Academy of Kerala, Convergia Digital Education Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training, Education).
Sita Lata Chhatoi was appointed as Director on 10 Oct 2014. Subrat Kumar Chhatoi was appointed as Director on 10 Oct 2014.