COMPANY INTELLIGENCE PROFILE
AURO UNIVERSITY
Auro University is a private, not-for-profit multi-disciplinary university at Hazira, Surat, Gujarat, promoted by the Rama family/JHM Hotels group, offering business, IT, hospitality, law, liberal arts, design and journalism programs.
Auro University, promoted by the Rama family of JHM Hotels, is a private not-for-profit university in Surat, Gujarat, inspired by Sri Aurobindo Ghosh's philosophy. It offers programs across seven schools including business, IT, and law. With a revenue band of ₹25-50 crore for FY2023-24, its financial performance shows a 6.74% revenue growth. Legal activities involve fee-regulation disputes noted by the Gujarat High Court.
AI-generated, may contain errors.
Business Overview
- Auro University is a private university at Hazira, Surat, Gujarat, promoted by the Rama family of the JHM Hotels group (USA) and inspired by the philosophy of Sri Aurobindo Ghosh.
- It originated as "Auro University of Hospitality and Management", per Gujarat High Court case records and a Gazette notification referencing a Section 25 (now Section 8) body corporate, and has since grown into a multi-disciplinary university offering programs through seven schools: School of Business, School of Information Technology, School of Hospitality Management, School of Law, School of Liberal Arts & Human Sciences, School of Design, and School of Journalism & Mass Communication, plus SAILC, Sri Aurobindo Integral Learning Centre.
- It is reported, unverified, single low-reliability source — a Facebook post, to have been the first UGC-approved university in South Gujarat.
- Source: aurouniversity.edu.in, Gujarat High Court records via Indian Kanoon.
Sector & Classification
Education — private university (classified "not-for-profit private" / Section 8 company per Tofler and KnowYourGST "Company U/S 8")
Directors & Key Management
Directors — source notes
Confirmed only via a single source (Tofler) — not cross-verified against a second registry, so treat as partial: Nayankumar Krishnavadan Banker (DIN 00923461); Hasmukh Parbhu Rama (DIN 01963537); Dharmendra Jayanti Rama (DIN 02056114); Sanjiv Mahendralal Shah (DIN 00065796). Falconebiz and other searches corroborate general promoter identity ("Rama family") but not individual DINs. Appointment/cessation dates not obtained.
GST Registrations
Primary GSTIN: 24AAGCA4964J1ZI (Gujarat, state code 24). PAN: AAGCA4964J. Registration type: Company under Section 8 (non-profit company) per KnowYourGST. Only 1 GST registration found (Gujarat only — single-campus entity), registered approximately 01/07/2017 per an FnShift Solutions snippet. Status not independently confirmed as Active/Cancelled beyond the listing existing. Confirmed via 2 sources (KnowYourGST, FnShift Solutions/Google snippet).
Financials
AURO UNIVERSITY reported a 6.74% revenue increase YoY in FY2023-24, with a 10.17% net profit margin and a 9.09% operating margin. Despite a 22.13% reduction in borrowings, net worth decreased by 9.01%.
AI-generated, may contain errors.
| FY2023-24, per Tofler, ratios/bands only — absolute rupee figures are paywalled behind Tofler Pro, so this is partial: Revenue band ₹25–50 crore | |
| Total revenue grew | 6.74% YoY |
| Net profit margin | 10.17% |
| Operating margin | 9.09% |
| ROE | 7.69% |
| ROCE | 8.28% |
| Net worth decreased | 9.01% YoY |
| Total borrowings decreased | 22.13% YoY |
| Total assets decreased | 4.8% YoY. Standalone vs. consolidated basis not specified on the source page. No independent second source corroborated the exact figures. |
Funding History
- Not applicable — Auro University is a not-for-profit Section 8 company, educational institution, not an equity-funded startup.
- No VC/PE funding rounds found.
- It is capitalized/backed as a wholly-owned subsidiary of its promoter group entity, see Shareholding/Related parties, rather than through funding rounds.
Loans & Charges
- Per Tofler, single source, partial — not cross-verified: Kotak Mahindra Bank Limited holds 2 charges totaling ₹61.5 crore — ₹60.0 crore, created 25 June 2019, and ₹1.5 crore, created 06 July 2020. Current open/satisfied status of these charges not confirmed.
Credit Ratings
- CARE Ratings (CareEdge) has rated Auro University's bank facilities multiple times: press releases dated 01 Apr 2020, 31 Mar 2021, 21 Mar 2022, and 15 Mar 2023, "Auro University (Revised)", plus an earlier Gujarat JHM Hotels-linked release on 26 Feb 2019.
- A CARE Annexure (15 Oct 2020) lists "Auro University — Education — Term Loan — 600.0 [amount, units unclear in snippet] — Unlisted — CARE BBB-
- Stable." Exact current-year grade/amount not independently confirmed beyond this snippet, PDFs could not be directly retrieved in this session, — treat as partial/directional, rating in the BBB- band as of ~2020, with subsequent reaffirmations/revisions through 2023 whose exact grades are not confirmed here.
- No ICRA or CRISIL ratings found.
Legal & Compliance
- Gujarat High Court, Ahmedabad: "Auro University of Hospitality and Management vs.
- State of Gujarat," Special Civil Application No.
- 14353 of 2017 — a fee-regulation dispute, with multiple orders: 03 Aug 2017 (S.G.
- Shah, J.), 01 Nov 2017 and 20 Dec 2017 (N.V.
- Anjaria, J.), 15 Feb 2018 (R.M.
- Chhaya, J.), 11 Mar 2019, 07 May 2019 and 22 Aug 2019 (Bela M.
- Trivedi, J.), and 26 Aug 2019 (Bhargav D.
- Karia, J.).
- A related case, "Society of Higher Education vs.
- Gujarat University," references Auro University for fee-approval comparisons.
- Source: Indian Kanoon.
Competitive Landscape
- Comparable private universities in Gujarat, regional peers, similar-to-larger scale, not individually source-verified for this comparison — based on sector/region context: Parul University, Vadodara, much larger multi-discipline private university, Navrachana University (Vadodara), Ganpat University (Mehsana), Marwadi University (Rajkot), Nirma University, Ahmedabad, larger and more established, CEPT University, Ahmedabad, design/planning-focused, smaller.
- Within Auro's hospitality-management heritage, IIHM, International Institute of Hotel Management, campuses are also relevant niche peers.
Frequently Asked Questions
What does Auro University do?
Auro University is a private, not-for-profit multi-disciplinary university located at Hazira, Surat, Gujarat. It offers programs in business, IT, hospitality, law, liberal arts, design, and journalism, and is promoted by the Rama family/JHM Hotels group.
What is the Corporate Identification Number (CIN) of Auro University?
The Corporate Identification Number (CIN) of Auro University is U80302GJ2007NPL051322.
What is the GSTIN of Auro University?
The GSTIN of Auro University is 24AAGCA4964J1ZI and it is registered in Gujarat.
What is the incorporation date of Auro University?
Information on the exact incorporation date of Auro University is not specified in the available data.
What is the registered office address of Auro University?
The registered office of Auro University is located at P NO-X-2 EARTHSPACE, ICHCHHAPORE GIDC HAZIRA ROAD, HAZIRA, SURAT, Gujarat, India, 394510.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.