Elest Private Limited

Manufactures lithium-ion cells, battery packs, and electric vehicles since 2020.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Elest Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 53.48 Cr
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 87.66%
  • Profit Growth 97.88%
  • Ebitda -4.08%
  • Net Worth 3.56%
  • Total Assets 15.24%

About Elest

Elest Private Limited (EPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 October 2020 (Four years and three months 27 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive 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 175.00 Cr and a paid-up capital of Rs 53.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Elest Private Limited India is Anand Lohia as COMPANY SECRETARY. Rajesh Mehta and Vijaya Lakshmi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    elest.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909KA2020PTC140253

  • Company No.

    140253

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Elest?

Executive Team (1)

NameDesignationAppointment DateStatus
Anand Lohia Company Secretary07-Sep-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Rajesh Mehta Country flag representing In Director 26-Oct-2020Current
Vijaya Lakshmi Country flag representing In Director 10-Feb-2022Current

Financial Performance of Elest.

Elest Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.66% increase. The company also saw a substantial improvement in profitability, with a 97.88% increase in profit. The company's net worth moved up by a moderate rise of 3.56%.

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
87.66%
Revenue from Operations
Total Assets
15.24%
Profit or Loss
97.88%
Net Worth
3.56%
EBITDA
-4.08%

What is the Ownership and Shareholding Structure of Elest?

In 2023, Elest had a promoter holding of 91.93% and a public holding of 8.07%. 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 Elest?

Elest has a workforce of 0 employees as of Mar 22, 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 Elest, 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 Elest'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 Elest

Recent activity within the organization

  • Annual General Meeting

    Elest Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Anand Lohia was appointed as a Company Secretary was appointed as a Company Secretary on 07 Sep 2023 & has been associated with this company since 1 year 5 months .

    07 Sep 2023

  • Balance Sheet

    Elest Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Vijaya Lakshmi was appointed as a Director was appointed as a Director on 10 Feb 2022 & has been associated with this company since 3 years 11 days .

    10 Feb 2022

  • Director Appointment

    Rajesh Jaswanth Rai Mehta was appointed as a Director was appointed as a Director on 26 Oct 2020 & has been associated with this company since 4 years 3 months .

    26 Oct 2020

  • Company Incorporation

    Elest Private Limited was registered on 26 Oct 2020 with Roc Bangalore & aged 4 years 3 months as per MCA records.

    26 Oct 2020

Frequently asked questions

  • Elest Private Limited was incorporated on 26 Oct 2020.

  • The authorized share capital of Elest Private Limited is ₹ 175.00 Cr and paid-up capital is ₹ 53.48 Cr.

  • Currently 3 directors are associated with Elest Private Limited.

    • Rajesh Jaswanth Rai Mehta
    • Vijaya Lakshmi
    • Anand Lohia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elest Private Limited is No.1 Brunton Road, India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Elest Private Limited is U31909KA2020PTC140253 and the company number is 140253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elest Private Limited is https://www.elest.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elest Private Limited has risen by 87.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elest Private Limited has experienced an upsurge of 3.56%.

  • The most recent Balance Sheet for Elest Private Limited was filed with the ROC on 31 Mar 2023.

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