Elder Industries Private Limited

Founded in 2017 and headquartered in Maharashtra, India.

2017 | Latur, Maharashtra (India) | Active
Last Updated: December 25, 2024

Elder Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 8 Year, 14 Days
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.00 M
  • Revenue Growth -22.81%
  • Profit Growth 98.31%
  • Ebitda 83.39%
  • Net Worth -8.55%
  • Total Assets 7.00%

About Elder Industries

Elder Industries Private Limited (EIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 February 2017 (Eight years 14 days old ). Its registered office is in Latur, Maharashtra, India.

The Corporate was formerly known as Rigel Chemicals Private Limited. The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹1.00 M.

Mahadao Kutwade and Shrinivas Chavan serve as directors at the Company.

Company Details

  • Location

    Latur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100MH2017PTC290070

  • Company No.

    290070

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2017

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

What products or services does Elder Industries Private Limited offer?

Elder Industries Private Limited offers a wide range of products and services, including Cleaning Liquids & Wipes, Toilet Cleaners.

Who are the key members and board of directors at Elder Industries?

Board Members (2)

Name Designation Appointment Date Status
Mahadao Kutwade Country flag representing In Director 01-Feb-2017 Current
Shrinivas Chavan Country flag representing In Director 01-Feb-2017 Current

Financial Performance of Elder Industries.

Elder Industries Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 22.81% decrease. The company also saw a substantial improvement in profitability, with a 98.31% increase in profit. The company's net worth dipped by a decrease of 8.55%.

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
-22.81%
Revenue from Operations
-23.20%
Total Assets
7.00%
Profit or Loss
98.31%
Net Worth
-8.55%
EBITDA
83.39%

What is the Ownership and Shareholding Structure of Elder Industries?

Unlock access to Elder Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2018 Others ₹1.00 M Open

How Many Employees Work at Elder Industries?

Unlock and access historical data on people associated with Elder Industries, 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 Elder Industries, 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 Elder Industries'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 Elder Industries

Recent activity within the organization

  • Annual General Meeting

    Elder Industries Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Elder Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100223910 was registered on 01 Dec 2018.

    01 Dec 2018

  • Director Appointment

    Mahadao Sopan Kutwade was appointed as a Director was appointed as a Director on 01 Feb 2017 & has been associated with this company since 8 years 14 days .

    01 Feb 2017

  • Director Appointment

    Shrinivas Bandu Chavan was appointed as a Director was appointed as a Director on 01 Feb 2017 & has been associated with this company since 8 years 14 days .

    01 Feb 2017

  • Company Incorporation

    Elder Industries Private Limited was registered on 01 Feb 2017 with Roc Mumbai & aged 8 years 14 days as per MCA records.

    01 Feb 2017

Frequently asked questions

  • Elder Industries Private Limited was incorporated on 01 Feb 2017.

  • The authorized share capital of Elder Industries Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Elder Industries Private Limited.

    • Mahadao Sopan Kutwade
    • Shrinivas Bandu Chavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elder Industries Private Limited is Plot No C-1 Survey 258/2 Ganesh Nagar Ambejogai Road, India, Latur, Maharashtra, 413512.

  • The corporate identification number (CIN) of Elder Industries Private Limited is U51100MH2017PTC290070 and the company number is 290070 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Elder Industries Private Limited has fallen by -22.81%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Elder Industries Private Limited has experienced an downturn of -8.55%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Elder Industries Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Elder Industries Private Limited was filed with the ROC on 31 Mar 2021.