MIPS Overview

We are a diversified provider of educational services with an established footprint across the formal education value chain in Uttar Pradesh, Rajasthan and Delhi. Incorporated in 2009, we provide a wide range of services to the operators of K 12 schools and higher educational institutions located in these states.

As on December 31, 2014, we provide educational services under the “Maharana Pratap Group of Institutions” (“MPGI”) brand to four K 12 schools in Delhi and Kanpur (“MPGI Schools”), ten colleges, Kanpur and Lucknow (“MPGI Colleges”), and to the Pratap University in Jaipur. Additionally, we also own and operate three pre-schools under our “Pukie Pie” brand, which are associated with three of the MPGI Schools serviced by us.

The MPGI Schools are affiliated to established primary education regulatory boards, namely the CISCE, CBSE and the Uttar Pradesh State Board. The MPGI Colleges have been approved by various governing bodies regulating the provision of higher education in India, such as the AICTE, PCI and the DCI, and are affiliated to regional universities such as the PTU, UPTU and the CSJMU. Furthermore, the Pratap University, Jaipur, constituted by an Act of the State of Rajasthan and recognised as a “private university” by the UGC, offers a wide range of under graduate, graduate and post graduate courses across [17] departments encompassing technical, scientific, arts and humanities based disciplines.

In the K 12 and higher education space, we provide an extensive range of educational services to the MPGI Schools, the MPGI Colleges and to the Pratap University. We believe that our services portfolio caters, through an end-to-end model, to significantly all of the needs of the MPGI institutions in imparting formal education across the value chain. We achieve this by providing six major categories of services, namely, curriculum development and support services, human resources, training, placement and induction services, business auxiliary and support services, educational infrastructure development services, marketing, advertising and brand management services and educational development consultancy services.

Our services to the MPGI institutions are delivered on an exclusive basis under long term service agreements with the three societies that operate the MPGI Schools, the MPGI Colleges and the Pratap University. These agreements also enable us to provide services to assist in the establishment of new educational institutions or new departments in their existing institutions by such societies from time to time. Our flagship customer in the K 12 and higher education space is the Maharana Pratap Educational Centre, a charitable educational society established in 1995, having over two decades of experience in the formal education space through its wide network of MPGI branded institutions in Uttar Pradesh, Rajasthan and Delhi. In Fiscals 2014, 2013 and 2012, our revenues from providing services to MPEC operated educational institutions accounted for 87.57%, 77.32% and 96.63%, respectively, of our total revenues for such periods.

To complement our revenues from our K 12 and higher education business, we have also commenced the business of providing skills development services, and aim to progressively consolidate ourselves in this vertical. The GoI has announced a wide range of skills development initiatives to impart livelihood skills training to 500 million people in the Indian working population by 2020 (Source: National Skills Development Policy, March 2009). We intend to exploit this industry dynamic, and have commenced operations in this segment by providing services to MPEC, which has been engaged by the governments of Uttar Pradesh, Rajasthan and Bihar in this regard, to facilitate the delivery of a wide range of livelihood skills to eligible students under skills development initiatives of such governments. We have also recently been empaneled as a Project Implementation Agency under the “Ajeevika – National Rural Livelihoods Mission” programme of the MoRD, which aims, among other initiatives, to provide livelihood skills to eligible trainees from identified Indian rural poor households. We believe that our empanelment will assist us in directly implementing Ajeevika programmes in partnership with the MoRD, which we intend to leverage to progressive scale our skills development business.

As on December 31, 2014, we provided educational services to [10,545] students in K 12 schools (and the associated “Pukie Pie” pre-schools) and higher educational institutions in India. Furthermore, as on December 31, 2014, our burgeoning skills development segment catered to [14,200] students in Uttar Pradesh.

Our Business

K 12 and Higher Education business

We commenced providing educational services to K 12 schools and higher educational institutions in 2010. In this segment, we provide an extensive range of educational consultancy and management services to K 12 schools and higher educational institutions under the MPGI brand, namely, the MPGI Schools, the MPGI Colleges and the Pratap University, Jaipur.

Products and Services

The educational services provided by us to K 12 schools and higher education institutions can be broadly categorised as under:

  1. Curriculum development and support services
  2. Business auxiliary and support services
  3. Educational infrastructural development services
  4. Human resources, training, placement and induction services
  5. Marketing, advertising and brand management services; and
  6. Educational development consultancy services

 

VARANASI

Address: Shop No. 19, BC Tower Near Sajan Cinema Sigra , Varanasi

Phone: +91 7388349999

Email: info@mips.in

PATNA

Address: Off No 609, 6th Floor, Verma Centre, Boring Road Crossing,Patna

Phone: +91 9708035841

Email: info@mips.in

Noida

Address: W-23, Sector 11, Noida, U.P., India

Phone: +91 120 4504850

Email: info@mips.in

Web: www.mips.in

Lucknow

Address: A1/208, Vineet Khand, Gomti Nagar-226010, Lucknow

Phone: +91 8400770999 (Mr. J.P. Sinha)

Email: info@mips.in

Kanpur

Address: 117/Q/66, Sharda Nagar, Kanpur-24

Phone: +91 9005004222 (Ms. Manisha)

Email: info@mips.in

Jaipur

Address: B-26, Govind Marg, Adarsh Nagar, Jaipur.

Phone: +91 141-2620632, 9024294396

Email: info@mips.in

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