Elan Avenue Limited
Develops real estate projects since 2007, based in Gurugram, Haryana.
2007 | Gurugram, Haryana (India) | Active
Elan Avenue Profile
Key Indicators
- Authorised Capital ₹ 61.15 Cr
- Paid Up Capital ₹ 55.10 Cr
- Company Age 17 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,200.00 Cr
- Satisfied Charges ₹ 5,700.10 Cr
- Revenue Growth -93.29%
- Profit Growth 98.49%
- Ebitda 95.31%
- Net Worth -454.27%
- Total Assets 120.29%
About Elan Avenue
Elan Avenue Limited (EAL) is a Public Limited Indian Non-Government Company incorporated in India on 08 October 2007 and has a history of 17 years and six months. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Airmid Developers Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 61.15 Cr and a paid-up capital of Rs 55.10 Cr.
The company currently has active open charges totaling ₹1,200.00 Cr. The company has closed loans amounting to ₹5,700.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Elan Avenue Limited India are Khawab Arora as COMPANY SECRETARY and Sandeep Agarwal as Cfo. Gaurav Khandelwal, Akash Kapoor, and Ravish Kapoor serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45400HR2007PLC104996
- Company No.
169086
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Oct 2007
- Date of AGM
30 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Real Estate and Construction
Elan Avenue Limited
Explore comprehensive data for Elan Avenue Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Elan Avenue?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Khawab Arora | Company Secretary | 03-May-2024 | Current |
Sandeep Agarwal  | CFO | 01-Nov-2022 | Current |
| Akash Kapoor | Managing Director | 25-Aug-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gaurav Khandelwal | Director | 25-Aug-2022 | Current |
| Ravish Kapoor | Director | 25-Aug-2022 | Current |
Financial Performance of Elan Avenue.
Elan Avenue Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.29% decrease. The company also saw a substantial improvement in profitability, with a 98.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 454.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Elan Avenue?
In 2023, Elan Avenue had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
K & T Realty Services Private LimitedAkash Kapoor and Ravish Kapoor are mutual person
Elan LimitedSandeep Agarwal, Gaurav Khandelwal and 2 more are mutual person
- Elan Buildtech Private Limited
Akash Kapoor and Ravish Kapoor are mutual person
- Elan India Private Limited
Akash Kapoor and Ravish Kapoor are mutual person
Elan Imperial Private LimitedSandeep Agarwal, Gaurav Khandelwal and 2 more are mutual person
- Kay Kay Towers Private Limited
Khawab Arora, Sandeep Agarwal and 3 more are mutual person
Charges (Loans)
Open Charges
₹1,200.00 Cr
Satisfied Charges
₹5,700.10 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 1200.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2024 | Idbi Trusteeship Services Limited | ₹1,200.00 Cr | Open |
| 18 Jul 2023 | Hdfc Bank Limited | ₹0.99 M | Satisfied |
| 30 Nov 2022 | Idbi Trusteeship Services Limited | ₹900.00 Cr | Satisfied |
| 30 Nov 2022 | Idbi Trusteeship Services Limited | ₹900.00 Cr | Satisfied |
| 30 Nov 2022 | Idbi Trusteeship Services Limited | ₹900.00 Cr | Satisfied |
How Many Employees Work at Elan Avenue?
Unlock and access historical data on people associated with Elan Avenue, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Elan Avenue, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Elan Avenue's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Elan Avenue
Recent activity within the organization
- Charges
A charge registered on 30 Nov 2022 via Charge ID 100652850 with Idbi Trusteeship Services Limited was fully satisfied on 10 Oct 2024.
- Charges
A charge registered on 30 Nov 2022 via Charge ID 100653284 with Idbi Trusteeship Services Limited was fully satisfied on 10 Oct 2024.
- Charges
A charge registered on 30 Nov 2022 via Charge ID 100652847 with Idbi Trusteeship Services Limited was fully satisfied on 10 Oct 2024.
- Charges
A charge registered on 30 Nov 2022 via Charge ID 100681626 with Idbi Trusteeship Services Limited was fully satisfied on 10 Oct 2024.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,200.00 Cr with Charge ID 100985988 was registered on 21 Sep 2024.
- Charges
A charge registered on 18 Jul 2023 via Charge ID 100755782 with Hdfc Bank Limited was fully satisfied on 18 Sep 2024.
Frequently asked questions
What is the Incorporation or founding date of Elan Avenue Limited?
Elan Avenue Limited was incorporated on 08 Oct 2007.
What is authorized share capital and paid-up capital of Elan Avenue Limited?
The authorized share capital of Elan Avenue Limited is ₹ 61.15 Cr and paid-up capital is ₹ 55.10 Cr.
Who are the current board members & directors of Elan Avenue Limited?
Currently 5 directors are associated with Elan Avenue Limited.
- Khawab Arora
- Sandeep Agarwal
- Gaurav Khandelwal
- Akash Kapoor
- Ravish Kapoor
What is the registered address of Elan Avenue Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Elan Avenue Limited is 15Th Floor Two Horizon Centre Dlf Phase V Sector 43, Golf Course Road India, Gurugram, Haryana, 122002.
What is the corporate identification number (CIN) and company number of Elan Avenue Limited?
The corporate identification number (CIN) of Elan Avenue Limited is U45400HR2007PLC104996 and the company number is 169086 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Elan Avenue Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Elan Avenue Limited has fallen by -93.29%.
What change has been observed in the net worth of Elan Avenue Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Elan Avenue Limited has experienced an downturn of -454.27%.
What are the total open charges for Elan Avenue Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Elan Avenue Limited amount to ₹ 1,200.00 Cr.
When was the last Balance Sheet of Elan Avenue Limited filed with the ROC?
The most recent Balance Sheet for Elan Avenue Limited was filed with the ROC on 31 Mar 2024.
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