Elegance Metal Private Limited

Metal trading company with a diverse product portfolio including scrap, billet, and steel.

2005 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Elegance Metal Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -24.59%
  • Profit Growth -20.95%
  • Ebitda -17.29%
  • Net Worth 69.89%
  • Total Assets -28.52%

About Elegance Metal

Elegance Metal Private Limited (EMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 2005 and has a history of 19 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ewave It Solutions Private Limited. The Company is engaged in the Metals And Minerals 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Bhavesh Nayak, Vaishali Nayak, and Harshida Nayak serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51502GJ2005PTC047235

  • Company No.

    047235

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Elegance Metal Private Limited offer?

Elegance Metal Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Stainless Steel Round Bar, Stainless Steel Bars, Metal Scrap & Waste Materials, Steel Scrap, Steel & Stainless Steel Products, Industrial Steel, Non Ferrous Metal Scraps, Stainless Steel Products.

Who are the key members and board of directors at Elegance Metal?

Board Members (3)

Name Designation Appointment Date Status
Bhavesh Nayak Country flag representing In Director 18-May-2015 Current
Vaishali Nayak Country flag representing In Director 18-May-2015 Current
Harshida Nayak Country flag representing In Director 18-May-2015 Current

Financial Performance of Elegance Metal.

Elegance Metal Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.59% decrease. The company also saw a substantial fall in profitability, with a 20.95% decrease in profit. The company's net worth Soared by an impressive increase of 69.89%.

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
-24.59%
Revenue from Operations
-24.60%
Total Assets
-28.52%
Profit or Loss
-20.95%
Net Worth
69.89%
EBITDA
-17.29%

What is the Ownership and Shareholding Structure of Elegance Metal?

In 2023, Elegance Metal 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Elegance Metal?

Unlock and access historical data on people associated with Elegance Metal, 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 Elegance Metal, 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 Elegance Metal'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 Elegance Metal

Recent activity within the organization

  • Annual General Meeting

    Elegance Metal Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Elegance Metal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Bhavesh Shailesh Nayak was appointed as a Director was appointed as a Director on 18 May 2015 & has been associated with this company since 9 years 8 months .

    18 May 2015

  • Director Appointment

    Vaishali Bhaveshkumar Nayak was appointed as a Director was appointed as a Director on 18 May 2015 & has been associated with this company since 9 years 8 months .

    18 May 2015

  • Director Appointment

    Harshida Shailesh Nayak was appointed as a Director was appointed as a Director on 18 May 2015 & has been associated with this company since 9 years 8 months .

    18 May 2015

  • Company Incorporation

    Elegance Metal Private Limited was registered on 08 Dec 2005 with Roc Ahmedabad & aged 19 years 1 month as per MCA records.

    08 Dec 2005

Frequently asked questions

  • Elegance Metal Private Limited was incorporated on 08 Dec 2005.

  • The authorized share capital of Elegance Metal Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Elegance Metal Private Limited.

    • Bhavesh Shailesh Nayak
    • Vaishali Bhaveshkumar Nayak
    • Harshida Shailesh Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elegance Metal Private Limited is Suthar Karkhana Road Bhvesh Telecom Opp. Shri Ram Appartment, India, Naroda, Gujarat, 382330.

  • The corporate identification number (CIN) of Elegance Metal Private Limited is U51502GJ2005PTC047235 and the company number is 047235 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elegance Metal Private Limited is https://www.elegancemetal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elegance Metal Private Limited has fallen by -24.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elegance Metal Private Limited has experienced an upsurge of 69.89%.

  • The most recent Balance Sheet for Elegance Metal Private Limited was filed with the ROC on 31 Mar 2024.

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