Elevate Business Solutions Private Limited

Provides financial advice and services to various industries, including hospitality, real estate, and pharmaceuticals.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: December 17, 2024

Elevate Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.70 M
  • Satisfied Charges ₹ 1.88 M
  • Revenue Growth -14.24%
  • Profit Growth -30.14%
  • Ebitda -21.17%
  • Net Worth 14.26%
  • Total Assets 26.06%

About Elevate Business Solutions

Elevate Business Solutions Private Limited (EBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 November 2011 and has a history of 13 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing 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 1.50 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹2.70 M. The company has closed loans amounting to ₹1.88 M, as per Ministry of Corporate Affairs (MCA) records.

Raghu Venkataraman, Govindan Thamaraikannan, Shanthi Kannan, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    elevatebusiness.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2011PTC061344

  • Company No.

    061344

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

Who are the key members and board of directors at Elevate Business Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Govindan Thamaraikannan Country flag representing In Managing Director26-Nov-2012Current

Board Members (3)

NameDesignationAppointment DateStatus
Raghu Venkataraman Country flag representing In Additional Director 01-Jun-2018Current
Shanthi Kannan Country flag representing In Director 09-Jul-2015Current
Reenu Jha Country flag representing In Director 01-Sep-2023Current

Financial Performance of Elevate Business Solutions.

Elevate Business Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 14.24% decrease. The company also saw a substantial fall in profitability, with a 30.14% decrease in profit. The company's net worth Soared by an impressive increase of 14.26%.

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
-14.24%
Revenue from Operations
-15.75%
Total Assets
26.06%
Profit or Loss
-30.14%
Net Worth
14.26%
EBITDA
-21.17%

What is the Ownership and Shareholding Structure of Elevate Business Solutions?

In 2021, Elevate Business Solutions had a public holding of 16.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.70 M

Satisfied Charges

₹1.88 M

Charges Breakdown by Lending Institutions

  • Others : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2015Others₹2.70 MOpen
06 Jun 2020Bank Of India₹0.36 MSatisfied
22 May 2019Axis Bank Limited₹1.22 MSatisfied
23 Nov 2015Bank Of India₹0.30 MSatisfied

How Many Employees Work at Elevate Business Solutions?

Unlock and access historical data on people associated with Elevate Business Solutions, 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 Elevate Business Solutions, 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 Elevate Business Solutions'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 Elevate Business Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Elevate Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 23 Nov 2015 via Charge ID 10605934 with Bank Of India was fully satisfied on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge registered on 22 May 2019 via Charge ID 100283946 with Axis Bank Limited was fully satisfied on 17 Nov 2023.

    17 Nov 2023

  • Charges

    A charge registered on 06 Jun 2020 via Charge ID 100397962 with Bank Of India was fully satisfied on 16 Nov 2023.

    16 Nov 2023

  • Director Appointment

    Reenu Jha was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

Frequently asked questions

  • Elevate Business Solutions Private Limited was incorporated on 24 Nov 2011.

  • The authorized share capital of Elevate Business Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.10 M.

  • Currently 4 directors are associated with Elevate Business Solutions Private Limited.

    • Raghu Venkataraman
    • Govindan Thamaraikannan
    • Shanthi Kannan
    • Reenu Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elevate Business Solutions Private Limited is No. 449 2Nd Floor Ll Cross 4Th Block I Stage Hbr Lagout Near Axis Bank, Bangalore - North India, Bangalore North, Karnataka, 560043.

  • The corporate identification number (CIN) of Elevate Business Solutions Private Limited is U74900KA2011PTC061344 and the company number is 061344 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elevate Business Solutions Private Limited is https://www.elevatebusiness.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Elevate Business Solutions Private Limited has fallen by -14.24%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Elevate Business Solutions Private Limited has experienced an upsurge of 14.26%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Elevate Business Solutions Private Limited amount to ₹ 2.70 M.

  • The most recent Balance Sheet for Elevate Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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