Elgi Ultra Private Limited

Manufactures kitchen appliances under 'Ultra' brand, established in 2017.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 29, 2024

Elgi Ultra Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 0.12 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.50 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 three months 3 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 2023. 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 ₹36.50 Cr. The company has closed loans amounting to ₹18.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jairam Varadaraj, Balasubramaniyan Balakrishnan, and Anvarjay Varadaraj serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 Country flag representing In Managing Director 30-Oct-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Jairam Varadaraj Country flag representing In Director 30-Oct-2017 Current
Anvarjay Varadaraj Country flag representing Us 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%.

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
-18.01%
Revenue from Operations
-18.22%
Total Assets
-18.44%
Profit or Loss
-235.49%
Net Worth
-11.73%
EBITDA
-144.16%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.50 Cr

Satisfied Charges

₹18.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.50 Cr
  • Axis Bank Limited : 10.00 Cr
  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
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
17 Oct 2020 Others ₹2.00 Cr Satisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Elgi Ultra

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100805923 was registered on 26 Oct 2023.

    26 Oct 2023

  • Charges

    A charge registered on 17 Oct 2020 via Charge ID 100384767 with Others was fully satisfied on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge registered on 22 May 2020 via Charge ID 100339599 with Others was fully satisfied on 17 Aug 2023.

    17 Aug 2023

  • Annual General Meeting

    Elgi Ultra Private Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Balance Sheet

    Elgi Ultra Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 17 Oct 2020 with Charge ID 100384767 was modified on 04 Aug 2021.

    04 Aug 2021

Frequently asked questions

  • Elgi Ultra Private Limited was incorporated on 30 Oct 2017.

  • The authorized share capital of Elgi Ultra Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Elgi Ultra Private Limited.

    • Jairam Varadaraj
    • Balasubramaniyan Balakrishnan
    • Anvarjay Varadaraj
  • 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.

  • 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).

  • The Official website of Elgi Ultra Private Limited is https://www.elgiultra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elgi Ultra Private Limited has fallen by -18.01%.

  • As Per 2023 financial reports, 321 employees are currently employed by Elgi Ultra Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elgi Ultra Private Limited amount to ₹ 36.50 Cr.

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

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