Elegant Coatings Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.38 M
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.95 Cr
- Satisfied Charges ₹ 26.14 Cr
- Revenue Growth 23.78%
- Profit Growth -17.72%
- Ebitda -7.13%
- Net Worth 12.81%
- Total Assets 19.18%
About Elegant Coatings
Elegant Coatings Private Limited (ECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 1995 and has a history of 29 years and six months. Its registered office is in Aurangabad, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 7.38 M.
The company currently has active open charges totaling ₹54.95 Cr. The company has closed loans amounting to ₹26.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kalpana Kale, Ashok Kale, Pandurang Kale, and Two other members serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27108MH1995PTC092094
- Company No.
092094
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Aug 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Who are the key members and board of directors at Elegant Coatings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Kale  | Managing Director | 18-Mar-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalpana Kale | Director | 17-Jan-2013 | Current |
| Pandurang Kale | Director | 23-Aug-1995 | Current |
| Ankit Kale | Director | 02-Feb-2024 | Current |
| Madhusudan Sharma | Director | 01-Sep-2021 | Current |
Financial Performance of Elegant Coatings.
Elegant Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.78% increase. The company also saw a substantial fall in profitability, with a 17.72% decrease in profit. The company's net worth Soared by an impressive increase of 12.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Elegant Coatings?
In 2023, Elegant Coatings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Clad Metal India Private LimitedKalpana Kale, Ashok Kale and 1 more are mutual person
A.K. Social FoundationKalpana Kale and Ashok Kale are mutual person
- Marathwada Environmental Care Cluster
Ashok Kale is a mutual person
- Massia Auto Component Cluster
Ashok Kale is a mutual person
- Kamp Energy Solutions Llp
Madhusudan Sharma is a mutual person
- Duracraft Packaging Private Limited
Madhusudan Sharma is a mutual person
Charges (Loans)
Open Charges
₹54.95 Cr
Satisfied Charges
₹26.14 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 49.97 Cr
- Sidbi : 4.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Sidbi | ₹4.98 Cr | Open |
| 31 Mar 2018 | Axis Bank Limited | ₹49.97 Cr | Open |
| 03 Mar 2007 | Bank Of Maharashtra | ₹6.26 Cr | Satisfied |
| 27 Sep 2006 | Others | ₹19.50 Cr | Satisfied |
| 17 Jun 1999 | Bank Of Maharastra | ₹3.50 M | Satisfied |
How Many Employees Work at Elegant Coatings?
Elegant Coatings has a workforce of 154 employees as of Apr 03, 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 Elegant Coatings, 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 Elegant Coatings'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.
