Elite Automobiles Private Limited

Authorized dealer of Honda vehicles and spare parts, with showrooms and service center in Bangalore.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated:

Elite Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.30 Cr
  • Company Age 21 Year, 4 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 four 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

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50403KA2003PTC032875

  • Company No.

    032875

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2003

  • Date of AGM

    14 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive
Company report

Elite Automobiles Private Limited

Explore comprehensive data for Elite Automobiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Elite Automobiles?

Board Members (3)

NameDesignationAppointment DateStatus
Gurjit Singh Country flag representing In Director 18-Nov-2003Current
Sonia Singh Country flag representing In Director 18-Nov-2003Current
Pavandeep Singh Country flag representing In 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%.

Elite Automobiles revenue growth over time
Elite Automobiles 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
2.77%
Revenue from Operations
4.67%
Total Assets
11.21%
Profit or Loss
16.07%
Net Worth
4.43%
EBITDA
55.75%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.17 Cr

Satisfied Charges

₹179.67 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 44.42 Cr
  • Others : 18.75 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2023Others₹18.75 CrOpen
29 Oct 2022State Bank Of India₹44.42 CrOpen
01 Oct 2016Axis Bank Limited₹55.30 CrSatisfied
18 Dec 2012Bank Of India₹48.75 CrSatisfied
30 Oct 2009Dena Bank₹41.57 CrSatisfied

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.

Employee growth trends for Elite Automobiles Private Limited

Deals i

Graph showing company valuation over time

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

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 Elite Automobiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 18.75 Cr registered on 08 Sep 2023 with Charge ID 100781688 was modified on 19 Feb 2024.

  • Annual General Meeting

    Elite Automobiles Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 44.42 Cr registered on 29 Oct 2022 with Charge ID 100655776 was modified on 16 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 18.75 Cr with Charge ID 100781688 was registered on 08 Sep 2023.

  • Balance Sheet

    Elite Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge registered on 01 Oct 2016 via Charge ID 100061958 with Axis Bank Limited was fully satisfied on 27 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Elite Automobiles Private Limited?

    Elite Automobiles Private Limited was incorporated on 18 Nov 2003.

  • What is authorized share capital and paid-up capital of Elite Automobiles Private Limited?

    The authorized share capital of Elite Automobiles Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.30 Cr.

  • Who are the current board members & directors of Elite Automobiles Private Limited?

    Currently 3 directors are associated with Elite Automobiles Private Limited.

    • Gurjit Singh
    • Sonia Singh
    • Pavandeep Singh
  • What is the registered address of Elite Automobiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Elite Automobiles Private Limited is New No.97/1A, Singasandra Village Hosur Road India, Bangalore, Karnataka, 560068.

  • What is the corporate identification number (CIN) and company number of Elite Automobiles Private Limited?

    The corporate identification number (CIN) of Elite Automobiles Private Limited is U50403KA2003PTC032875 and the company number is 032875 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Elite Automobiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Elite Automobiles Private Limited has risen by 2.77%.

  • How many employees does Elite Automobiles Private Limited currently have?

    As Per 2023 financial reports, 108 employees are currently employed by Elite Automobiles Private Limited.

  • What change has been observed in the net worth of Elite Automobiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Elite Automobiles Private Limited has experienced an upsurge of 4.43%.

  • What are the total open charges for Elite Automobiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Elite Automobiles Private Limited amount to ₹ 63.17 Cr.

  • When was the last Balance Sheet of Elite Automobiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Elite Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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