Elara Securities (India) Profile
Key Indicators
- Authorised Capital ₹ 58.00 Cr
- Paid Up Capital ₹ 51.42 Cr
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 600.00 Cr
- Revenue Growth -25.80%
- Profit Growth -97.47%
- Ebitda -87.64%
- Net Worth 1.49%
- Total Assets -18.16%
About Elara Securities (India)
Elara Securities (India) Private Limited (ESIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2007 and has a history of 17 years and seven months. 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 2023. It's a company limited by shares with an authorized capital of Rs 58.00 Cr and a paid-up capital of Rs 51.42 Cr.
The company has closed loans amounting to ₹600.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Elara Securities (India) Private Limited India is Jigar Mehta as COMPANY SECRETARY. Kamal Sati, Harendra Nishankar, Ajaykumar Pandey, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74992MH2007PTC172297
- Company No.
172297
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jul 2007
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Elara Securities (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harendra Nishankar  | Managing Director | 11-Apr-2011 | Current |
| Jigar Mehta | Company Secretary | 13-Oct-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendra Bhatt  | Director | 14-Jul-2007 | Current |
| Kamal Sati | Whole-Time Director | 11-Apr-2013 | Current |
| Ajaykumar Pandey | Director | 14-Jul-2007 | Current |
| Rakesh Puri | Director | 12-Jul-2007 | Current |
| Anand Rao | Whole-Time Director | Current | |
| Savio Dsouza | Additional Director | Current |
Financial Performance of Elara Securities (India).
Elara Securities (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.8% decrease. The company also saw a substantial fall in profitability, with a 97.47% decrease in profit. The company's net worth moved up by a moderate rise of 1.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Elara Securities (India)?
In 2023, Elara Securities (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.
Related Corporates (Common Directorship)
- Elara Finance (India) Private Limited
Kamal Sati, Ajaykumar Pandey and 2 more are mutual person
- Elara Capital (India) Private Limited
Kamal Sati, Ajaykumar Pandey and 2 more are mutual person
Exact Advisors & Consulting Private LimitedRakesh Puri is a mutual person
- Goalhive Financial Services Private Limited
Anand Rao is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹600.00 Cr
Charges Breakdown by Lending Institutions
- Others : 600.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2022 | Others | ₹300.00 Cr | Satisfied |
| 03 Nov 2021 | Others | ₹300.00 Cr | Satisfied |
How Many Employees Work at Elara Securities (India)?
Elara Securities (India) has a workforce of 128 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Elara Securities (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 Securities (India)'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 Elara Securities (India)
Recent activity within the organization
- Annual General Meeting
Elara Securities (India) Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Elara Securities (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 12 Jul 2022 via Charge ID 100600787 with Others was fully satisfied on 14 Dec 2022.
- Charges
A charge registered on 03 Nov 2021 via Charge ID 100494695 with Others was fully satisfied on 21 Nov 2022.
- Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100600787 was registered on 12 Jul 2022.
- Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100494695 was registered on 03 Nov 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Elara Securities (India) Private Limited?
Elara Securities (India) Private Limited was incorporated on 12 Jul 2007.
What is authorized share capital and paid-up capital of Elara Securities (India) Private Limited?
The authorized share capital of Elara Securities (India) Private Limited is ₹ 58.00 Cr and paid-up capital is ₹ 51.42 Cr.
Who are the current board members & directors of Elara Securities (India) Private Limited?
Currently 8 directors are associated with Elara Securities (India) Private Limited.
- Kamal Kishore Sati
- Jigar Mehta
- Harendra Kumar Nishankar
- Ajaykumar Amarnath Pandey
- Rajendra Bhatt
- Rakesh Puri
- Anand Arunkumar Rao
- Savio Paul Gerald Dsouza
What is the registered address of Elara Securities (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Elara Securities (India) Private Limited is One International Center Tower 3 21St Floor Senapati Bapat Marg Elphinstone, Road West, Mumbai, Maharashtra, India, 400013.
What is the corporate identification number (CIN) and company number of Elara Securities (India) Private Limited?
The corporate identification number (CIN) of Elara Securities (India) Private Limited is U74992MH2007PTC172297 and the company number is 172297 as per Ministry of Corporate Affairs (MCA).
What is the official website of Elara Securities (India) Private Limited?
The Official website of Elara Securities (India) Private Limited is https://www.elaracapital.com
What has been the recent revenue trend for Elara Securities (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Elara Securities (India) Private Limited has fallen by -25.80%.
How many employees does Elara Securities (India) Private Limited currently have?
As Per 2023 financial reports, 128 employees are currently employed by Elara Securities (India) Private Limited.
What change has been observed in the net worth of Elara Securities (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Elara Securities (India) Private Limited has experienced an upsurge of 1.49%.
When was the last Balance Sheet of Elara Securities (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Elara Securities (India) Private Limited was filed with the ROC on 31 Mar 2023.
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