The Allen Career Institute was founded by Shri Rajesh Maheswari in 1988 with just 8 students in a small house. With its distinct approach, the institute became the only one to offer coaching for all science subjects: Mathematics, Physics, Chemistry, and Biology. Over the decades, with its innovative teaching methods, experienced faculty, and comprehensive study materials, the institute witnessed remarkable expansion. It grew and built more than 50 centers across India and has a student base of more than 2.8 million (by 2023).
Allen Career Institute Net Worth, Share Price, Revenue
Today, Allen Career Institute’s net worth (market capitalization) is approximately $1.2 billion. The paid-up capital of the company is recorded at ₹628 crore as of March 24.
With becoming India’s leading test preparation center, it’s operating revenue of ₹3,244.7 crore, up 42% from ₹2,280.8 crore in FY24. Other than this, the company’s profit has dropped by more than 44% (₹135.9 crore) in FY24, which in FY23 was around ₹243.7 crore. Since the company is a private firm and not listed in share market, no share prices have been discussed either.
Key Financials (FY24):
- Revenue: ₹3,244.7 crore
- Net Profit: ₹135.9 crore
- Valuation (2022): $1.2 billion
- Share Price: Not applicable (unlisted private company)
| NAME | Allen Career Institute Pvt. Ltd. |
|---|---|
| Founder/CEO | Founder: Rajesh Maheshwari CEO: Nitin Kukreja |
| Net worth | Not publicly disclosed (Maheshwari family owned; valuation used as proxy) |
| Valuation | $1.2 billion (Approx. ₹10,000 crore, post-2022 Bodhi Tree investment) |
| Revenue | ₹3,244.7 crore ($37.85 million) (FY24) |
| Stock price | Not listed / Not applicable (Private company) |
About Allen Career Institute
Started on 18 April 1988 by Shri Rajesh Maheshwari and named in loving memory of his father, Late Shri Laxmi Narayan Maheshwari, the institute had a modest beginning. It started at Maheshwari’s family house with just 8 students. But with their unique approach, that is, they offered coaching for all science subjects (which still is not widely accepted by many coaching institutes). This brought a revolution in Kota and with the productive results (12 selections in the Rajasthan PMT in 1991), and the institute’s first All India Rank 1 in 1995, established Aleen as a powerhouse in engineering and medical entrance preparation.
Over decades, the institute expanded and in 2022, entered the online learning space after it secured a landmark $600 million investment from Bodhi Tree Systems. This remarkable step established it in the edtech world. With more than 50 centers across pan-India, Allen is expanding and opening new centers in places like Bilaspur, Lucknow, and Patna.
Allen’s operational model is built on:
- Experienced faculty and rigorous curriculum development
- Comprehensive study materials and structured assessment
- Regular mock tests, performance analysis, and doubt-clearing sessions
- Hybrid learning through both offline and online channels
Allen Career Institute Net Worth and Valuation
According to the company website, the net worth of Allen Career Institute as per its valuation is approximately $1.2 billion (about ₹10,000 crore), following a $600 million investment by Bodhi Tree Systems in 2022.
Since it is a private company, its net worth is not disclosed for now, but its financial position shows a strong asset base that rose to ₹5,759 crore, and capital employed stood at ₹3,630 crore.
Allen Career Institute Revenue
Talking about the revenue of Allen Career Institute’s, so for FY ended in March 24, its operating revenue was recorded at ₹3,244.7 crore. This marks a 42% increase from ₹2,280.8 crore in FY23. The income was primarily (99%) drawn from teaching services and the other 1% includes interest.
Allen Career Institute Share Price and Market Share
Despite being one of India’s largest teaching and test preparation institute, Allen is not yet listed in Indian share market. Also, there are no discussions on IPO, so there is no public information available for estimated share price of the company.
But for its market share, it operates a major portion in India’s education sector, specializing in engineering and medical entrance exams. With 285 operational classrooms and 400 test centers across 64 Indian cities, Allen competes with Aakash Educational Services, Rao IIT Academy, and Khan Global Studies.
Allen Career Institute Owner Net Worth
Maheshwari siblings Rajesh, Govind, Naveen, and Brajesh, played an essential role in establishing and growing the Allen Career Institute. A family-run business, Allen has not publicly disclosed the individual net worth of its owners (brothers). And this is evident as the family is well-known for its unity and low-profile lifestyle, focusing on education entrepreneurship rather than personal publicity.
Investments and Acquisitions
One of the major investments took place in 2022, surrendered 36% stakes of the company to Bodhi Tree Systems. The investment platform was led by James Murdoch and Uday Shankar and invested $600 million in Allen. Over time, Maheshwari family has retained the majority stake after this deal.
With this partnership, the main focus was to use technology to make Allen a world-class edtech company, along with expanding its reach beyond traditional classroom coaching.
Although the major information about Allen’s investment in any companies are still unknown, but there are efforts to acquire other companies, while focusing on improving its services both online and offline.
