Elara Finance (India) Private Limited

Provides financial services such as investment banking, research, sales, and asset management.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Elara Finance (India) Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 36.23 Cr
  • Company Age 14 Year, 10 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -5.04%
  • Profit Growth -31.35%
  • Ebitda -8.89%
  • Net Worth 6.29%
  • Total Assets 1.09%

About Elara Finance (India)

Elara Finance (India) Private Limited (EFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 2011 and has a history of 14 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 60.00 Cr and a paid-up capital of Rs 36.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Elara Finance (India) Private Limited India is Ashok Jangir as COMPANY SECRETARY. Kamal Sati, Ajaykumar Pandey, Rajendra Bhatt, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    elaracapital.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191MH2011PTC213471

  • Company No.

    213471

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2011

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Elara Finance (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Jangir Company Secretary23-Jul-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Rajendra Bhatt Country flag representing Gb Director 15-Feb-2011Current
Kamal Sati Country flag representing In Director 05-Jun-2018Current
Ajaykumar Pandey Country flag representing Gb Director 15-Feb-2011Current
Rakesh Puri Country flag representing In Director 13-Feb-2011Current

Financial Performance of Elara Finance (India).

Elara Finance (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.04% decrease. The company also saw a substantial fall in profitability, with a 31.35% decrease in profit. The company's net worth moved up by a moderate rise of 6.29%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.04%
Revenue from Operations
-6.06%
Total Assets
1.09%
Profit or Loss
-31.35%
Net Worth
6.29%
EBITDA
-8.89%

What is the Ownership and Shareholding Structure of Elara Finance (India)?

In 2023, Elara Finance (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Elara Finance (India)?

Unlock and access historical data on people associated with Elara Finance (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elara Finance (India), 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 Elara Finance (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Elara Finance (India)

Recent activity within the organization

  • Annual General Meeting

    Elara Finance (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Ashok Kumar Jangir was appointed as a Company Secretary was appointed as a Company Secretary on 23 Jul 2024 & has been associated with this company since 7 months 2 days .

    23 Jul 2024

  • Balance Sheet

    Elara Finance (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Kamal Kishore Sati was appointed as a Director was appointed as a Director on 05 Jun 2018 & has been associated with this company since 6 years 8 months .

    05 Jun 2018

  • Director Appointment

    Ajaykumar Amarnath Pandey was appointed as a Director was appointed as a Director on 15 Feb 2011 & has been associated with this company since 14 years 8 days .

    15 Feb 2011

  • Director Appointment

    Rajendra Bhatt was appointed as a Director was appointed as a Director on 15 Feb 2011 & has been associated with this company since 14 years 8 days .

    15 Feb 2011

Recent News, Updates & Announcement

Frequently asked questions

  • Elara Finance (India) Private Limited was incorporated on 13 Feb 2011.

  • The authorized share capital of Elara Finance (India) Private Limited is ₹ 60.00 Cr and paid-up capital is ₹ 36.23 Cr.

  • Currently 5 directors are associated with Elara Finance (India) Private Limited.

    • Ashok Kumar Jangir
    • Kamal Kishore Sati
    • Ajaykumar Amarnath Pandey
    • Rajendra Bhatt
    • Rakesh Puri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elara Finance (India) Private Limited is Indiabulls Finance Centre Tower 3 21St Floor Senapati Bapat Marg, Elphinstone Road We St India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Elara Finance (India) Private Limited is U65191MH2011PTC213471 and the company number is 213471 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elara Finance (India) Private Limited is https://www.elaracapital.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elara Finance (India) Private Limited has fallen by -5.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elara Finance (India) Private Limited has experienced an upsurge of 6.29%.

  • The most recent Balance Sheet for Elara Finance (India) Private Limited was filed with the ROC on 31 Mar 2024.

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