Element Retail Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 9 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 43.96 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 12399.36%
- Profit Growth 17941.79%
- Ebitda 203975.45%
- Net Worth 15684.56%
- Total Assets 16199.90%
About Element Retail
Element Retail Private Limited (ERPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 September 2015 (Nine years and four months 23 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Fashion And Textile 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 1.00 Cr.
The company currently has active open charges totaling ₹43.96 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aditya Bafna and Varun Bagadiya serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74120MH2015PTC268332
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Company No.
268332
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Sep 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Element Retail?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Bagadiya
|
Director | 26-Nov-2015 | Current |
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Aditya Bafna
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Director | 11-Sep-2015 | Current |
Financial Performance of Element Retail.
Element Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12399.36% increase. The company also saw a substantial improvement in profitability, with a 17941.79% increase in profit. The company's net worth Soared by an impressive increase of 15684.56%.
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What is the Ownership and Shareholding Structure of Element Retail?
In 2023, Element Retail 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)
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Seva Automotive Private LimitedAditya Bafna is a mutual person
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Rushabh Motors Private LimitedAditya Bafna is a mutual person
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Seva Trucking Private LimitedAditya Bafna is a mutual person
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Sewa Finance Limited
Aditya Bafna is a mutual person
Charges (Loans)
₹43.96 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 43.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2018 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 05 Jul 2017 | Hdfc Bank Limited | ₹36.96 Cr | Open |
| 21 Feb 2022 | Hdfc Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Element Retail?
Element Retail has a workforce of 18 employees as of Jul 12, 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 Element Retail, 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 Element Retail'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.
