HIGHER EDUCATION FINANCING AGENCY
OVERVIEW - HIGHER EDUCATION FINANCING AGENCY
Higher Education Financing Agency is an unlisted private company incorporated on 31 May, 2017. It is classified as a not for profit company and is located in Bangalore, Karnataka. It's authorized share capital is INR 10,000.00 cr and the total paid-up capital is INR 5,293.75 cr.
Higher Education Financing Agency's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2021. It's EBITDA has increased by 103.01 % over the previous year. At the same time, it's book networth has increased by 12.09 %. Other performance and liquidity ratios are available here.
Description: The company is engaged in providing financial services for education.
Products & Services: Loan for education, loan for building schools, Scholarship etc.
Category: Service Provider
The current status of Higher Education Financing Agency is - Active.
The last reported AGM (Annual General Meeting) of Higher Education Financing Agency, per our records, was held on 17 November, 2023.
Higher Education Financing Agency has eight directors - Ashok Misra, Rishikesha Thiruvenkata Krishnan, and others.
The Corporate Identification Number (CIN) of Higher Education Financing Agency is U74999KA2017NPL103474. The registered office of Higher Education Financing Agency is at STOCK EXCHANGE TOWERS, No. 51 1st FLOOR, 1st CROSS, JC ROA D NA, BANGALORE URBAN, Bangalore, Karnataka.
REGISTERED DETAILS - HIGHER EDUCATION FINANCING AGENCY
CIN
U74999KA2017NPL103474
Incorporation Date / Age
31 May, 2017 / 7 yrs
Last Reported AGM Date
17 November, 2023
Authorized Capital
INR 1000000.0 Lacs
Paidup Capital
INR 529375.0 Lacs
industry*
Business Services
type
Unlisted Private Company
category
Company limited by Shares
subcategory
Union Govt company
Email Address
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Website
https://hefa.co.in/. (Incorrect website?)
Registered Address
STOCK EXCHANGE TOWERS, No. 51 1st FLOOR, 1st CROSS, JC ROA
D NA
BANGALORE URBAN
Bangalore - 560027
Karnataka - India
FINANCIAL HIGHLIGHTS - HIGHER EDUCATION FINANCING AGENCY
| Operating Revenue | Over INR 500 cr |
| EBITDA | 103.01 % |
| Networth | 12.09 % |
| Debt/Equity Ratio | 0.31 |
| Return on Equity | 7.20 % |
* Company has reported to have approved financials for 31 March, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.
Directors - HIGHER EDUCATION FINANCING AGENCY
The company has 8 directors and 2 reported key management personnel.
The longest serving directors currently on board are Ashok Misra, Rishikesha Thiruvenkata Krishnan, Virander Singh Chauhan and Ramamurthi Bhaskar who were appointed on 12 June, 2017. They have been on the board for more than 6 years. The most recently appointed directors are Sunil Kumar Barnwal and Ashok Chandra, who were appointed on 18 October, 2023.
Rishikesha Thiruvenkata Krishnan has the largest number of other directorships with a seat at a total of 7 companies. In total, the company is connected to 19 other companies through its directors.
| NAME | DESIGNATION | APPOINTMENT DATE | |
|---|---|---|---|
| ASHOK MISRA | Director | 12 June, 2017 | View other directorships |
| RISHIKESHA THIRUVENKATA KRISHNAN | Director | 12 June, 2017 | View other directorships |
| VIRANDER SINGH CHAUHAN | Director | 12 June, 2017 | View other directorships |
| RAMAMURTHI BHASKAR | Director | 12 June, 2017 | View other directorships |
| SANJAY MURTHY KONDRU | Director | 01 October, 2021 | No other directorships |
| SUNIL KUMAR BARNWAL | Director | 18 October, 2023 | No other directorships |
| ASHOK CHANDRA | Director | 18 October, 2023 | View other directorships |
| THOPHIC MOBBIN MAHAMMAD | Director | 17 April, 2023 | No other directorships |
| RAHUL SAINI | KMP | 01 February, 2023 | No other directorships |
| GOURAV SUNIL | KMP | 17 June, 2023 | No other directorships |
Previous Names
| No previous names were found for this company. |
Previous CINs
| No previous CINs were found for this company. |
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SUBSIDIARY COMPANIES
No Indian subsidiary companies found.
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