This investment teaser presents a unique opportunity in India's education sector through Millennium Education Foundation, a Delhi-based education entity currently undergoing corporate restructuring. The foundation represents a potential acquisition or turnaround opportunity for strategic investors interested in establishing presence in India's growing education market.
Millennium Education Foundation is a private limited company incorporated on August 1, 2014, under the Companies Act as a non-government company limited by shares[4]. The organization operates within the education sector with a focus on community, personal, and social services[6].
- Corporate Identity Number (CIN): U80904DL2014NPL269753 - Registration Number: 269753 - Registered Office: Flat No.633, T/F, LIG, Sector 18, Phase 2, Dwarka, New Delhi[4] - Alternative Address: 201 State Bank Nagar, Paschim Vihar, New Delhi[6] - Incorporation Date: August 1, 2014[4] - Business Sector: Education[1]
The company is currently undergoing a corporate insolvency resolution process (CIRP) which has transitioned to liquidation under the Insolvency and Bankruptcy Code of India[1][3]. This presents a unique opportunity for investors seeking to acquire assets or restructure the organization with new capital and management expertise.
This represents a potential acquisition opportunity in India's education sector with several compelling advantages:
- Existing Legal Structure: Established legal entity with all necessary registrations and corporate structure in place[4] - Restructuring Potential: Opportunity to acquire and revitalize an education-focused organization - Sector Advantages: Operating in education, which provides long-term and loyal customer base as children typically spend 15 years in school[2] - Quick Break-Even Timeline: Education institutions can generate positive cash flow and reach operational break-even within 3 years[2]
- Authorized Capital: ₹1,00,000[4] - Paid-up Capital: ₹1,00,000[4] - Acquisition Structure: Potential to acquire through the liquidation process supervised by Sumit Sharma (Registration No. IBBI/IPA-001/IP-P-02323/2020-2021/13513), the appointed liquidator[1]
- Essential Household Expenditure: Education represents one of the most important expenditures for Indian households, with families spending approximately 20% of their income on education[2] - Long-term Customer Relationships: Schools establish 15-year relationships with students and families, creating a predictable revenue stream[2] - Societal Impact: Education provides both financial returns and significant social impact, building better communities and contributing to national development[2]
- Land Requirements: Approximately 3-5 acres for a standard CBSE school[2] - Project Investment: Typical investment range of ₹15-20 crore for establishing a CBSE K-12 school[2] - Break-Even Timeline: Schools typically generate positive cash flow and reach operational break-even within 3 years[2]
The company's financial structure is modest with an authorized and paid-up capital of ₹1,00,000[4][6]. Financial details from the Ministry of Corporate Affairs indicate the company last filed financial statements for the period ending March 31, 2017[6], with updated corporate filings showing the last Annual General Meeting was held on September 30, 2017[6].
The company has outstanding operational debt of ₹3,44,39,925 owed to Educomp Infrastructure & School Management Limited which precipitated the insolvency proceedings[3].
The current liquidation process offers a strategic opportunity for:
For detailed information regarding this investment opportunity and the ongoing liquidation process, interested parties should contact: