Elecon Information Technology Limited

IT company providing hardware, software, networking solutions, internet services, web hosting, and more.

1984 | Anand, Gujarat (India) | Active
Last Updated: November 16, 2024

Elecon Information Technology Profile

Key Indicators

  • Authorised Capital ₹ 2.38 M
  • Paid Up Capital ₹ 0.20 K
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.94 Cr
  • Revenue Growth -9.45%
  • Profit Growth -56.74%
  • Ebitda -15.98%
  • Net Worth -22.01%
  • Total Assets -23.43%

About Elecon Information Technology

Elecon Information Technology Limited (EITL) is a Public Limited Indian Non-Government Company incorporated in India on 09 July 1984 and has a history of 40 years and six months. Its registered office is in Anand, Gujarat, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.38 M and a paid-up capital of Rs 0.20 K .

The company currently has active open charges totaling ₹1.94 Cr.

Prayasvin Patel, Ravin Shah, and Akanksha Patel serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1984PLC007066

  • Company No.

    007066

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Elecon Information Technology Limited offer?

Elecon Information Technology Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Ethernet Device, Antennas, Wifi & Communication Tower, Antenna, LAN Cable, Electrical & Electronic Connectors, Audio & Video Connectors, Submersible Cables, Fiber Optic Connectors, Desktop Computer.

Who are the key members and board of directors at Elecon Information Technology?

Board Members (3)

NameDesignationAppointment DateStatus
Prayasvin Patel Country flag representing In Director 21-Jul-2001Current
Ravin Shah Country flag representing In Director 01-Jun-2020Current
Akanksha Patel Country flag representing Gb Director 21-Jul-2020Current

Financial Performance of Elecon Information Technology.

Elecon Information Technology Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.45% decrease. The company also saw a substantial fall in profitability, with a 56.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.01%.

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
-9.45%
Revenue from Operations
3.69%
Total Assets
-23.43%
Profit or Loss
-56.74%
Net Worth
-22.01%
EBITDA
-15.98%

What is the Ownership and Shareholding Structure of Elecon Information Technology?

In 2023, Elecon Information Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 1.94 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2021Idbi Bank Limited₹1.94 CrOpen

How Many Employees Work at Elecon Information Technology?

Elecon Information Technology has a workforce of 7 employees as of Apr 09, 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 Elecon Information Technology, 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 Elecon Information Technology'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 Elecon Information Technology

Recent activity within the organization

  • Annual General Meeting

    Elecon Information Technology Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Elecon Information Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 19.40 M with Charge ID 100450761 was registered on 17 Jun 2021.

    17 Jun 2021

  • Director Appointment

    Akanksha Patel was appointed as a Director was appointed as a Director on 21 Jul 2020 & has been associated with this company since 4 years 6 months .

    21 Jul 2020

  • Director Appointment

    Ravin Ramanlal Shah was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 4 years 8 months .

    01 Jun 2020

  • Director Appointment

    Prayasvin Patel was appointed as a Director was appointed as a Director on 21 Jul 2001 & has been associated with this company since 23 years 6 months .

    21 Jul 2001

Frequently asked questions

  • Elecon Information Technology Limited was incorporated on 09 Jul 1984.

  • The authorized share capital of Elecon Information Technology Limited is ₹ 2.38 M and paid-up capital is ₹ 0.20 K .

  • Currently 3 directors are associated with Elecon Information Technology Limited.

    • Prayasvin Patel
    • Ravin Ramanlal Shah
    • Akanksha Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elecon Information Technology Limited is -Sojitra Road Vallabh Vidyanagar India, Anand, Gujarat, 388120.

  • The corporate identification number (CIN) of Elecon Information Technology Limited is U65910GJ1984PLC007066 and the company number is 007066 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elecon Information Technology Limited is https://www.eleconinfotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elecon Information Technology Limited has fallen by -9.45%.

  • As Per 2023 financial reports, 7 employees are currently employed by Elecon Information Technology Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elecon Information Technology Limited has experienced an downturn of -22.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elecon Information Technology Limited amount to ₹ 1.94 Cr.

  • The most recent Balance Sheet for Elecon Information Technology Limited was filed with the ROC on 31 Mar 2024.

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