Elevate Business Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.10 M
- Company Age 13 Year, 5 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 five 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
- 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
Elevate Business Solutions Private Limited
Explore comprehensive data for Elevate Business Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Elevate Business Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govindan Thamaraikannan  | Managing Director | 26-Nov-2012 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghu Venkataraman | Additional Director | 01-Jun-2018 | Current |
| Shanthi Kannan | Director | 09-Jul-2015 | Current |
| Reenu Jha | Director | 01-Sep-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
V Max Consultants Private LimitedRaghu Venkataraman is a mutual person
Wahi Sons LimitedRaghu Venkataraman is a mutual person
Gujarat Polybutenes Private LimitedRaghu Venkataraman is a mutual person
Charges (Loans)
Open Charges
₹2.70 M
Satisfied Charges
₹1.88 M
Charges Breakdown by Lending Institutions
- Others : 0.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2015 | Others | ₹2.70 M | Open |
| 06 Jun 2020 | Bank Of India | ₹0.36 M | Satisfied |
| 22 May 2019 | Axis Bank Limited | ₹1.22 M | Satisfied |
| 23 Nov 2015 | Bank Of India | ₹0.30 M | Satisfied |
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.
Deals i
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
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.
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.
- Balance Sheet
Elevate Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 23 Nov 2015 via Charge ID 10605934 with Bank Of India was fully satisfied on 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.
- Charges
A charge registered on 06 Jun 2020 via Charge ID 100397962 with Bank Of India was fully satisfied on 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 8 months .
Frequently asked questions
What is the Incorporation or founding date of Elevate Business Solutions Private Limited?
Elevate Business Solutions Private Limited was incorporated on 24 Nov 2011.
What is authorized share capital and paid-up capital of Elevate Business Solutions Private Limited?
The authorized share capital of Elevate Business Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.10 M.
Who are the current board members & directors of Elevate Business Solutions Private Limited?
Currently 4 directors are associated with Elevate Business Solutions Private Limited.
- Raghu Venkataraman
- Govindan Thamaraikannan
- Shanthi Kannan
- Reenu Jha
What is the registered address of Elevate Business Solutions Private Limited?
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.
What is the corporate identification number (CIN) and company number of Elevate Business Solutions Private Limited?
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).
What is the official website of Elevate Business Solutions Private Limited?
The Official website of Elevate Business Solutions Private Limited is https://www.elevatebusiness.in
What has been the recent revenue trend for Elevate Business Solutions Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Elevate Business Solutions Private Limited has fallen by -14.24%.
What change has been observed in the net worth of Elevate Business Solutions Private Limited, and by what percentage?
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%.
What are the total open charges for Elevate Business Solutions Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Elevate Business Solutions Private Limited amount to ₹ 2.70 M.
When was the last Balance Sheet of Elevate Business Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Elevate Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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