Elasto Mills Private Limited

Manufactures narrow woven fabrics for inner wear and undergarments since 1985.

1985 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Elasto Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.52 M
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.12 Cr
  • Revenue Growth 2.22%
  • Profit Growth 256.44%
  • Ebitda 89.70%
  • Net Worth 1.82%
  • Total Assets 2.24%

About Elasto Mills

Elasto Mills Private Limited (EMPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 November 1985 and has a history of 39 years and two months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Elasto Weavings & Knitting Mill Pvt Ltd. The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 1.52 M.

The company currently has active open charges totaling ₹6.12 Cr.

George George, George George, and Omana George serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200TN1985PTC012383

  • Company No.

    012383

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1985

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Elasto Mills?

Board Members (3)

Name Designation Appointment Date Status
George George Country flag representing In Whole-Time Director 01-Apr-1992 Current
George George Country flag representing In Director 09-Apr-1990 Current
Omana George Country flag representing In Director 19-Nov-1985 Current

Financial Performance of Elasto Mills.

Elasto Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.22% increase. The company also saw a substantial improvement in profitability, with a 256.44% increase in profit. The company's net worth moved up by a moderate rise of 1.82%.

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
2.22%
Revenue from Operations
2.37%
Total Assets
2.24%
Profit or Loss
256.44%
Net Worth
1.82%
EBITDA
89.70%

What is the Ownership and Shareholding Structure of Elasto Mills?

In 2023, Elasto Mills had a promoter holding of 99.54% and a public holding of 0.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.17 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.80 Cr
  • The Tamil Nadu Industrial Investment Corporation Limited : 0.31 Cr

Latest Charge Details

Date Lender Amount Status
22 May 1989 State Bank Of India ₹0.08 M Open
26 Oct 1987 The Tamil Nadu Industrial Investment Corporation Limited ₹0.11 M Open
16 Jul 1987 State Bank Of India ₹5.51 Cr Open
16 Jul 1987 State Bank Of India ₹2.85 M Open
12 May 1987 The Tamil Nadu Industrial Investment Corporation Limited ₹0.25 M Open

How Many Employees Work at Elasto Mills?

Elasto Mills has a workforce of 26 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elasto Mills, 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 Elasto Mills'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 Elasto Mills

Recent activity within the organization

  • Annual General Meeting

    Elasto Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Elasto Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 55.10 M registered on 16 Jul 1987 with Charge ID 90304186 was modified on 13 Jan 2023.

    13 Jan 2023

  • Director Appointment

    George Peter Peter George was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 1992 & has been associated with this company since 32 years 10 months .

    01 Apr 1992

  • Charges

    A charge with State Bank Of India of Rs. 2.85 M registered on 16 Jul 1987 with Charge ID 90307055 was modified on 13 Mar 1992.

    13 Mar 1992

  • Director Appointment

    George Peter Bobby George was appointed as a Director was appointed as a Director on 09 Apr 1990 & has been associated with this company since 34 years 10 months .

    09 Apr 1990

Frequently asked questions

  • Elasto Mills Private Limited was incorporated on 19 Nov 1985.

  • The authorized share capital of Elasto Mills Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.52 M.

  • Currently 3 directors are associated with Elasto Mills Private Limited.

    • George Peter Peter George
    • George Peter Bobby George
    • Omana George
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elasto Mills Private Limited is A-6 Mugappair Industrial Estate Padi, India, Chennai, Tamil Nadu, 600050.

  • The corporate identification number (CIN) of Elasto Mills Private Limited is U25200TN1985PTC012383 and the company number is 012383 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elasto Mills Private Limited has risen by 2.22%.

  • As Per 2023 financial reports, 26 employees are currently employed by Elasto Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elasto Mills Private Limited has experienced an upsurge of 1.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elasto Mills Private Limited amount to ₹ 6.12 Cr.

  • The most recent Balance Sheet for Elasto Mills Private Limited was filed with the ROC on 31 Mar 2023.