Elite Motors Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.90 Cr
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.95 Cr
- Satisfied Charges ₹ 33.30 Cr
- Revenue Growth 13.38%
- Profit Growth -7.01%
- Ebitda 6.25%
- Net Worth 9.89%
- Total Assets 5.51%
About Elite Motors
Elite Motors Private Limited (EMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 2007 and has a history of 17 years and four months. Its registered office is in Bangaluru, Karnataka, India.
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 7.90 Cr.
The company currently has active open charges totaling ₹31.95 Cr. The company has closed loans amounting to ₹33.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gurjit Singh, Sonia Singh, and Jaspreet 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
U50100KA2007PTC043907
-
Company No.
043907
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
19 Sep 2007
-
Date of AGM
13 Nov 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Elite Motors?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurjit Singh
|
Director | 19-Sep-2007 | Current |
|
Sonia Singh
|
Director | 19-Sep-2007 | Current |
|
Jaspreet Singh
|
Director | 29-Dec-2023 | Current |
Financial Performance of Elite Motors.
Elite Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.38% increase. The company also saw a slight decrease in profitability, with a 7.01% decrease in profit. The company's net worth moved up by a moderate rise of 9.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Elite Motors?
In 2023, Elite Motors 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)
-
Elite Vehicles Private LimitedGurjit Singh and Sonia Singh are mutual person
-
Elite Automobiles Private LimitedGurjit Singh and Sonia Singh are mutual person
-
Food-For-Thought Hospitality Private LimitedGurjit Singh is a mutual person
-
Tia Ventures Llp
Jaspreet Singh is a mutual person
-
Rtliving Private Limited
Jaspreet Singh is a mutual person
-
Tia Home Private Limited
Jaspreet Singh is a mutual person
Charges (Loans)
₹31.95 Cr
₹33.30 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.00 Cr
- Others : 11.36 Cr
- Tata Capital Financial Services Limited : 3.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2021 | State Bank Of India | ₹17.00 Cr | Open |
| 27 Aug 2020 | Tata Capital Financial Services Limited | ₹5.90 M | Open |
| 31 Jul 2020 | Others | ₹0.79 M | Open |
| 31 Jul 2020 | Others | ₹0.79 M | Open |
| 31 Jul 2020 | Others | ₹0.67 M | Open |
How Many Employees Work at Elite Motors?
Elite Motors has a workforce of 73 employees as of Apr 08, 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 Motors, 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 Motors'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.