The company was originally incorporated under the name “India Tutorials Private Limited” under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Mumbai, Maharashtra on October 30, 2007. Subsequently, the name of the company was changed to “Arihant Academy Private Limited” via Shareholders’ Resolution dated September 18, 2012 pursuant to which fresh Certificate of Incorporation dated October 31, 2012 was issued by Registrar of Companies, Mumbai, Maharashtra. Consequently, the status of the Company was changed to public limited and the name of the Company was changed to “Arihant Academy Limited” vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the Company held on September 09, 2022. The fresh certificate of incorporation consequent to conversion was issued on September 19, 2022 by the Registrar of Companies, Mumbai, Maharashtra.
Arihant Academy is engaged in providing coaching services and parallel educational support vertical in the western suburbs of Mumbai, Maharashtra for Class 8, 9 and 10 for both State Board and ICSE Board; Class 11 and 12 for commerce and science section; tutoring students in science field for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra) and preparing students for professional exams such as CS and CA for entry level and second level exam, in the commerce section. It offers hybrid model of teaching services through classroom-based coaching under traditional Chalk & Talk concept and digital and distance learning, which supplement its classroom courses and allow students to engage in self-paced learning. The company operates under the brand name “Arihant Academy”.
Business area of the company
The company is engaged in providing coaching services and parallel educational support verticals.
Key Events
- 2007: Incorporation of the company under the name “India Tutorials Private Limited”.
- 2009: The company acquired the business of Arihant Academy, partnership firm having 8 centres.
- 2010: The company launched 5 new centres in Western Suburbs in Mumbai.
- 2011: The company launched coaching for XI, XII, JEE, MHT-CET & NEET in Science stream and FYJC & SYJC in Commerce stream.
- 2011: Mr. Anil Suresh Kapasi, Mr. Umesh Anand Pangam, Mr. Amit Prakash Chandra Mehrotra, and Mr. Santosh Pandurang Shinde took over the control and management of the company from Mr. Jitendra Kantilal Shah and Ms. Poornima Jitendra Shah vide Share Purchase Agreement.
- 2012: Name changed to “Arihant Academy Private Limited”.
- 2014: Launched a centre at a prime location in Ashokvan, Dahisar East. Launched coaching for Professional Courses like Chartered Accountancy Level-I known as CAFC and Company Secretary Level-I known as CSEET.
- 2015: Launched Chartered Accountancy Level-II named as Chartered Accountancy Intermediate and Company Secretary Level-II named as Company Secretary Executive.
- 2018: Launched coaching for grade 8th, 9th & 10th ICSE board. Also launched a dedicated centre for professional courses and junior college for commerce stream in Borivali West.
- 2020: First institute in Mumbai to conduct live online lectures during pandemic.
- 2021: Launched a centre at a prime location in I.C. Colony, Borivali West.
- 2022: Converted to Public Limited Company and Name changed to “Arihant Academy Limited”.