Elara Securities (India) Profile
Key Indicators
- Authorised Capital ₹ 58.00 Cr
as on 03-07-2024
- Paid Up Capital ₹ 51.42 Cr
as on 03-07-2024
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 600.00 Cr
as on 03-07-2024
- Revenue -25.80%
(FY 2023)
- Profit -97.47%
(FY 2023)
- Ebitda -87.64%
(FY 2023)
- Net Worth 1.49%
(FY 2023)
- Total Assets -18.16%
(FY 2023)
About Elara Securities (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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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
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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 LimitedActive 13 years 10 monthsKamal Sati, Ajaykumar Pandey and 2 more are mutual person
- Elara Capital (India) Private LimitedActive 18 years 3 months
Kamal Sati, Ajaykumar Pandey and 2 more are mutual person
- Goalhive Financial Services Private LimitedInactive For E-Filing 6 months 29 days
Anand Rao is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Jul 2022 | ₹300.00 Cr | Satisfied |
Others Creation Date: 03 Nov 2021 | ₹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.
