Elasto Tapes Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 27 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.68 M
- Satisfied Charges ₹ 1.22 Cr
- Revenue Growth -46.16%
- Profit Growth 182.48%
- Ebitda 1157.13%
- Net Worth 0.82%
- Total Assets -7.59%
About Elasto Tapes
Elasto Tapes Limited (ETL) is a Public Limited Indian Non-Government Company incorporated in India on 19 December 1997 and has a history of 27 years and five months. Its registered office is in Thiruvananthapuram, Kerala, India.
The Company is engaged in the Packaging 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 7.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹4.68 M. The company has closed loans amounting to ₹1.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ganesh Padmanabhan, Ravichandran Rajan, Sudha Iyer, and Two other members serve as directors at the Company.
Company Details
- Location
Thiruvananthapuram, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24295KL1997PLC011976
- Company No.
011976
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Dec 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Packaging
Elasto Tapes Limited
Explore comprehensive data for Elasto Tapes Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Elasto Tapes?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganesh Padmanabhan  | Director | 15-Jul-1998 | Current |
| Ravichandran Rajan | Director | Current | |
| Sudha Iyer | Director | 19-Dec-1997 | Current |
| Sangeetha Balagopal | Director | 19-Dec-1997 | Current |
| Koushik | Additional Director | 02-Aug-2018 | Current |
Financial Performance of Elasto Tapes.
Elasto Tapes Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.16% decrease. The company also saw a substantial improvement in profitability, with a 182.48% increase in profit. The company's net worth moved up by a moderate rise of 0.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Elasto Tapes?
In 2023, Elasto Tapes had a promoter holding of 65.75% and a public holding of 34.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Glass And Glazing Systems Private LimitedGanesh Padmanabhan and Koushik are mutual person
- Metacoats Aluminium Private Limited
Ganesh Padmanabhan is a mutual person
- Gefab Facade Solutions Private Limited
Ganesh Padmanabhan and Koushik are mutual person
Charges (Loans)
Open Charges
₹4.68 M
Satisfied Charges
₹12.20 M
Charges Breakdown by Lending Institutions
- State Bank Of Travancore : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2004 | State Bank Of Travancore | ₹0.18 M | Open |
| 06 Jan 2004 | State Bank Of Travancore | ₹0.50 M | Open |
| 12 Oct 1999 | State Bank Of Travancore | ₹4.00 M | Open |
| 17 Feb 1999 | State Bank Of Travancore | ₹6.00 M | Satisfied |
| 24 Aug 1998 | Kerala State Industrial Development Corporation | ₹6.20 M | Satisfied |
How Many Employees Work at Elasto Tapes?
Elasto Tapes has a workforce of 2 employees as of Apr 04, 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 Elasto Tapes, 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 Tapes'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 Elasto Tapes
Recent activity within the organization
- Charges
A charge registered on 24 Aug 1998 via Charge ID 90017199 with Kerala State Industrial Development Corporation was fully satisfied on 05 Jun 2024.
- Annual General Meeting
Elasto Tapes Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Elasto Tapes Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
- Director Appointment
Koushik was appointed as a Additional Director was appointed as a Additional Director on 02 Aug 2018 & has been associated with this company since 6 years 9 months .
- Charges
A charge registered on 17 Feb 1999 via Charge ID 90017323 with State Bank Of Travancore was fully satisfied on 04 Aug 2015.
- Charges
A charge with State Bank Of Travancore of Rs. 4.00 M registered on 12 Oct 1999 with Charge ID 90017550 was modified on 05 Jun 2007.
Frequently asked questions
What is the Incorporation or founding date of Elasto Tapes Limited?
Elasto Tapes Limited was incorporated on 19 Dec 1997.
What is authorized share capital and paid-up capital of Elasto Tapes Limited?
The authorized share capital of Elasto Tapes Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Elasto Tapes Limited?
Currently 5 directors are associated with Elasto Tapes Limited.
- Ganesh Padmanabhan
- Ravichandran Rajan
- Sudha Rama Iyer
- Sangeetha Balagopal
- Koushik
What is the registered address of Elasto Tapes Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Elasto Tapes Limited is Sree Padmam40/802 Sreevaraham India, Thiruvananthapuram, Kerala, 695009.
What is the corporate identification number (CIN) and company number of Elasto Tapes Limited?
The corporate identification number (CIN) of Elasto Tapes Limited is U24295KL1997PLC011976 and the company number is 011976 as per Ministry of Corporate Affairs (MCA).
What is the official website of Elasto Tapes Limited?
The Official website of Elasto Tapes Limited is https://www.gemsgroupindia.com
What has been the recent revenue trend for Elasto Tapes Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Elasto Tapes Limited has fallen by -46.16%.
How many employees does Elasto Tapes Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Elasto Tapes Limited.
What change has been observed in the net worth of Elasto Tapes Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Elasto Tapes Limited has experienced an upsurge of 0.82%.
What are the total open charges for Elasto Tapes Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Elasto Tapes Limited amount to ₹ 4.68 M.
When was the last Balance Sheet of Elasto Tapes Limited filed with the ROC?
The most recent Balance Sheet for Elasto Tapes Limited was filed with the ROC on 31 Mar 2023.
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