Avanti birla shloka edutech
Opening
Opening
The oak-panelled conference room at Mumbai’s century-old family-owned Industry House has witnessed generations of the enterprising Birla family members preside over meetings. Surrounded by the omniscient presence of his larger-than-life clan’s accomplishments, stands Nirvaan Birla, the second son of Yashovardhan, or Yash—as he is popularly known—Birla, chairman of the Yash Birla Group.
While being a success story in its own right, Nirvaan’s journey as an entrepreneur is interestingly intertwined with that of his father’s.
When the Mumbai-based conglomerate entered the education sector in 2008, rather than opening schools left, right and center, under the aegis of Birla Edutech, Yash Birla gradually established 17 schools across India. After Nirvaan decided to take charge of this business post his return from the US in 2017, much like father Birla, he had an eye on long-term prosperity, underpinned by the emotive pegs of his family’s legacy.
Follow our WhatsApp channel
As the managing director and promoter of Birla Open Minds (BOM), the new avatar of Birla Edutech, and the founder of edtech start-up Birla Braniacs, 27-year-old Nirvaan, the seventh-generation Birla scion, knows that inheriting a legacy or leaving one behind does not come easy.
3 February 2025
Get the latest issue of Outlook Business
Appreciating the merits of his famous last name, Nirvaan admits that it had given him the necessary tailwind when he started his professional journey.
Even when his father entered the business world in his early 20s, the Birla name proved to be a great asset. “You do not need to introduce yourself wherever you go because the name carries a lot of weight and offers instant recognition,” says Yash as he recalls his early days.
The Birla scion’s journey, however, is going to be slightly different. Talking about his lineage, Nirvaan
Amid threat of arrest, family comes to Yash Birla’s rescue
The family has begun rallying behind industrialist Yash Birla, who faces arrest in a case involving default on repayments on fixed deposits made in one of his companies.
A few days after his socialite wife Avanti met senior Economic Offences Wing officers with an assurance that all deposits will be honoured, Birla’s maternal uncle Narayan Baheti visited the EOW offices at Crawford Market on Tuesday with a promise that money would be soon raised to pay all depositors.
The EOW recently began tightening the grip around Birla Power Solutions Limited, which has defaulted on deposits worth Rs 20 crore, and there are enough indications that Birla’s arrest is imminent.
Additional Commissioner of Police Rajvardhan on Thursday confirmed that Avanti and Baheti met him separately, but he refused to share the details of the meetings.
Sources said both Avanti and Baheti told EOW officers that a corpus of Rs 25 crore has been arranged to honour the deposits and if need be family assets would be liquidated to raise cash.
When contacted, Baheti refused to deny or confirm his meeting with EOW officers, but agreed there is growing concern in the family about the BPSL case. “Though I am not a part of the company, I offer advice being a relative. As a family we are concerned about the developments and we will do whatever is possible. A solution is being worked out,” he said.
Sources said that some BPSL depositors have already been approached to work out a repayment schedule.
A criminal case of cheating has been registered against Birla and seven directors of BPSL on the basis of complaints lodged by 28 depositors. The seven directors include Anant Vardhan Pathak, who was recently picked up from a Taj Mahal Palace hotel s
share price insights
We don’t have any Insights for this stock currently . We suggest you to explore other sections for more!
Key Metrics
| (x) | - |
| (₹) | - |
| (₹ Cr.) | - |
| - | |
| (x) | - |
| (%) | - |
| (₹) | - |
Beta | - |
| (₹) | - |
Key Metrics
| (x) | - |
| (₹) | - |
| (%) | - |
| (₹) | - |
| (x) | - |
| (₹ Cr.) | - |
| (₹) | - |
| (₹) | - |
| - | |
| (₹) | - / - |
Beta | - |
| - |
Share Price Returns
| 1 Day | N.A. |
| 1 Week | N.A. |
| 1 Month | N.A. |
| 3 Months | N.A. |
| 1 Year | N.A. |
| 3 Years | N.A. |
| 5 Years | N.A. |
Share Recommendations
Financials
No reported Profit & Loss Statement are available.
No reported Balance Sheet are available.
No reported Cash Flow Statement are available.
No reported Financial Ratios are available.
Financial Insights
Do you find these insights useful?
Technicals
Stock doesn't have any Buy/Sell Signals.
Price Analysis Data details are not available.
Pivot Levels
R1 R2 R3 PIVOT S1 S2 S3 Classic - - - - - - - Average True Range
5 DAYS 14 DAYS 28 DAYS ATR - - -
Peer Comparison
Stock has no relevant peers for comparison.
Stock has no relevant peers for comparison.
Peers Insights
Do you find these insights useful?
Shareholding Pattern
Shareholding details are not available.
MF Ownership
MF Ownership details are not available.
Corporate Actions
Board Meeting/AGM details are not available.
Dividend announcements are not available.
No other corporate actions details are available.
DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).
DISCLAIMER: Any and all content on this website including Indian industrial conglomerate Mumbai India Area served Key people Number of employees Yash Birla Group is Indian industrial conglomerate group based in Mumbai, Maharashtra. Its chairman Yashovardhan Birla, is a member of the Birla family. The group has diversified interest in industries like steel pipes, machine tools, cutting tools, tool holders, iron castings, power solution products, multipurpose engines pumps, electrical appliances, textiles, carpets, furnishing, lifestyle, infotech, publication, travel, electricity, property development, cotton ginning etc. The Group traces its origins to the businesses started by various members of the Birla family. The group today has 10 publicly listed subsidiaries in India. The group is currently facing major financial and legal bottlenecks. In June 2013, the group was declared a NPA account for non payment of dues. Further in 2016, UCO Bank also published a notice indicating Birla as defaulter. On 16 June 2019, he was declared wilful defaulter by the bank with outstanding dues of over 67 crores.` Zenith Birla (India) Ltd: Zenith Birla (India) Limited was incorporated in 1960, and commenced its comm Yash Birla Group
Company type Public company (BSE: 500335) Industry Conglomerate Founded 1980s; 44 years ago (1980s) Founder Raja Baldeo Das Birla Headquarters Worldwide Yashovardhan Birla (Chairman) Products Steel, Information technology, Education, Textiles, Publication, Lifestyle, Travel & Power, Financial service, Infrastructure, Revenue ₹30 billion (US$350 million) 3,363 (2010) Subsidiaries Melstar Information Technologies, Birla Shloka Edutech Website yashbirlagroup.com Subsidiaries