Elgi Ultra Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 0.12 M
- Company Age 7 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 46.50 Cr
- Satisfied Charges ₹ 18.93 Cr
- Revenue Growth -18.01%
- Profit Growth -235.49%
- Ebitda -144.16%
- Net Worth -11.73%
- Total Assets -18.44%
About Elgi Ultra
Elgi Ultra Private Limited (EUPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 October 2017 (Seven years and four months 4 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Consumer Electronics & Durables 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 7.00 Cr and a paid-up capital of Rs 0.12 M.
The company currently has active open charges totaling ₹46.50 Cr. The company has closed loans amounting to ₹18.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jairam Varadaraj, Anvarjay Varadaraj, and Balasubramaniyan Balakrishnan serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U29309TZ2017PTC029610
- Company No.
029610
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Oct 2017
- Date of AGM
26 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Consumer Electronics & Durables
What products or services does Elgi Ultra Private Limited offer?
Elgi Ultra Private Limited offers a wide range of products and services, including Grind, Bowl Mill Spares, Tractor Parts, Tractor Spindle, Bushings Parts, Torque Rod Bushes, Drill, Boring Spindles, Split Bushes, Gaskets.
Who are the key members and board of directors at Elgi Ultra?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasubramaniyan Balakrishnan  | Managing Director | 30-Oct-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jairam Varadaraj | Director | 30-Oct-2017 | Current |
Anvarjay Varadaraj  | Director | 03-Jun-2020 | Current |
Financial Performance of Elgi Ultra.
Elgi Ultra Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.01% decrease. The company also saw a substantial fall in profitability, with a 235.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Elgi Ultra?
In 2023, Elgi Ultra had a promoter holding of 99.98% and a public holding of 0.02%. 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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Ats Elgi LimitedJairam Varadaraj and Anvarjay Varadaraj are mutual person
Elgi Equipments LimitedJairam Varadaraj and Anvarjay Varadaraj are mutual person
Elgi Rubber Company LimitedJairam Varadaraj is a mutual person
Thermax Limited.Jairam Varadaraj is a mutual person
Dark Horse Portfolio Investment Private LimitedJairam Varadaraj is a mutual person
Charges (Loans)
Open Charges
₹46.50 Cr
Satisfied Charges
₹18.93 Cr
Charges Breakdown by Lending Institutions
- Others : 31.50 Cr
- Axis Bank Limited : 10.00 Cr
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2024 | Others | ₹10.00 Cr | Open |
| 26 Oct 2023 | Others | ₹6.50 Cr | Open |
| 13 Jul 2020 | Axis Bank Limited | ₹10.00 Cr | Open |
| 03 Jul 2020 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 14 Jan 2020 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Elgi Ultra?
Elgi Ultra has a workforce of 321 employees as of Apr 07, 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 Elgi Ultra, 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 Elgi Ultra'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 Elgi Ultra
Recent activity within the organization
- Annual General Meeting
Elgi Ultra Private Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.
- Balance Sheet
Elgi Ultra Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100877624 was registered on 20 Feb 2024.
- Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100805923 was registered on 26 Oct 2023.
- Charges
A charge registered on 17 Oct 2020 via Charge ID 100384767 with Others was fully satisfied on 18 Aug 2023.
- Charges
A charge registered on 22 May 2020 via Charge ID 100339599 with Others was fully satisfied on 17 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Elgi Ultra Private Limited?
Elgi Ultra Private Limited was incorporated on 30 Oct 2017.
What is authorized share capital and paid-up capital of Elgi Ultra Private Limited?
The authorized share capital of Elgi Ultra Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 0.12 M.
Who are the current board members & directors of Elgi Ultra Private Limited?
Currently 3 directors are associated with Elgi Ultra Private Limited.
- Jairam Varadaraj
- Anvarjay Varadaraj
- Balasubramaniyan Balakrishnan
What is the registered address of Elgi Ultra Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Elgi Ultra Private Limited is India House New No.1443/1 Trichy Road, Coimbatore, Tamil Nadu, 641018.
What is the corporate identification number (CIN) and company number of Elgi Ultra Private Limited?
The corporate identification number (CIN) of Elgi Ultra Private Limited is U29309TZ2017PTC029610 and the company number is 029610 as per Ministry of Corporate Affairs (MCA).
What is the official website of Elgi Ultra Private Limited?
The Official website of Elgi Ultra Private Limited is https://www.elgiultra.com
What has been the recent revenue trend for Elgi Ultra Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Elgi Ultra Private Limited has fallen by -18.01%.
How many employees does Elgi Ultra Private Limited currently have?
As Per 2023 financial reports, 321 employees are currently employed by Elgi Ultra Private Limited.
What change has been observed in the net worth of Elgi Ultra Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Elgi Ultra Private Limited has experienced an downturn of -11.73%.
What are the total open charges for Elgi Ultra Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Elgi Ultra Private Limited amount to ₹ 46.50 Cr.
When was the last Balance Sheet of Elgi Ultra Private Limited filed with the ROC?
The most recent Balance Sheet for Elgi Ultra Private Limited was filed with the ROC on 31 Mar 2024.
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