Elite Automobiles Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.30 Cr
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.17 Cr
- Satisfied Charges ₹ 179.67 Cr
- Revenue Growth 2.77%
- Profit Growth 16.07%
- Ebitda 55.75%
- Net Worth 4.43%
- Total Assets 11.21%
About Elite Automobiles
Elite Automobiles Private Limited (EAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2003 and has a history of 21 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Japson Automobiles Private Limited. 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 10.00 Cr and a paid-up capital of Rs 9.30 Cr.
The company currently has active open charges totaling ₹63.17 Cr. The company has closed loans amounting to ₹179.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gurjit Singh, Sonia Singh, and Pavandeep Singh serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U50403KA2003PTC032875
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Company No.
032875
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Nov 2003
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Date of AGM
14 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Elite Automobiles?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurjit Singh
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Director | 18-Nov-2003 | Current |
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Sonia Singh
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Director | 18-Nov-2003 | Current |
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Pavandeep Singh
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Additional Director | Current |
Financial Performance of Elite Automobiles.
Elite Automobiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.77% increase. The company also saw a substantial improvement in profitability, with a 16.07% increase in profit. The company's net worth moved up by a moderate rise of 4.43%.
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What is the Ownership and Shareholding Structure of Elite Automobiles?
In 2023, Elite Automobiles had a promoter holding of 100.00%. 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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Elite Vehicles Private LimitedGurjit Singh and Sonia Singh are mutual person
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Tangy Turmeric Private LimitedPavandeep Singh is a mutual person
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Elite Motors Private LimitedGurjit Singh and Sonia Singh are mutual person
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Food-For-Thought Hospitality Private Limited
Gurjit Singh and Pavandeep Singh are mutual person
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Elite Cars Private Limited
Pavandeep Singh is a mutual person
Charges (Loans)
₹63.17 Cr
₹179.67 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 44.42 Cr
- Others : 18.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2023 | Others | ₹18.75 Cr | Open |
| 29 Oct 2022 | State Bank Of India | ₹44.42 Cr | Open |
| 01 Oct 2016 | Axis Bank Limited | ₹55.30 Cr | Satisfied |
| 18 Dec 2012 | Bank Of India | ₹48.75 Cr | Satisfied |
| 30 Oct 2009 | Dena Bank | ₹41.57 Cr | Satisfied |
How Many Employees Work at Elite Automobiles?
Elite Automobiles has a workforce of 108 employees as of Mar 23, 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 Elite Automobiles, 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 Elite Automobiles'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.