Elite Wealth Profile
Key Indicators
- Authorised Capital ₹ 6.25 Cr
- Paid Up Capital ₹ 4.99 Cr
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.16 Cr
- Revenue Growth -5.29%
- Profit Growth -43.74%
- Ebitda -96.52%
- Net Worth 3.50%
- Total Assets -6.04%
About Elite Wealth
Elite Wealth Limited (EWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 May 1990 and has a history of 34 years and eight months. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Elite Wealth Advisors Limited. The Company is engaged in the Financial Services 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 6.25 Cr and a paid-up capital of Rs 4.99 Cr.
The company currently has active open charges totaling ₹23.16 Cr.
Ravinder Seth, Tarun Gera, Dheeraj Bhatia, and Two other members serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74899HR1990PLC035764
- Company No.
035764
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 May 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Elite Wealth Limited offer?
Elite Wealth Limited offers a wide range of products and services, including Commodities Trading Service, Demat Account Services, Business Planning and Management, Business Consultant, Stock Trading/Money Market, Currency Trading Services, Financial Service, Financial Planning, Corporate Finance & Leasing Advisors, Fund Management Services.
Who are the key members and board of directors at Elite Wealth?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravinder Seth  | Managing Director | 29-May-1990 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikram Luthra | Director | 17-Aug-2016 | Current |
| Tarun Gera | Director | 17-Aug-2016 | Current |
| Dheeraj Bhatia | Director | 17-Aug-2016 | Current |
Ankur Seth  | Director | 01-Jul-2009 | Current |
Financial Performance of Elite Wealth.
Elite Wealth Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.29% decrease. The company also saw a substantial fall in profitability, with a 43.74% decrease in profit. The company's net worth moved up by a moderate rise of 3.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Elite Wealth?
In 2023, Elite Wealth had a promoter holding of 91.90% and a public holding of 8.10%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Elite Realty Infratech Private LimitedRavinder Seth and Ankur Seth are mutual person
Elite Insurance Brokers Private LimitedRavinder Seth, Tarun Gera and 3 more are mutual person
Elite Realty Consultants Private LimitedRavinder Seth, Dheeraj Bhatia and 1 more are mutual person
Brand Realty Private LimitedRavinder Seth is a mutual person
Gsu E Consulting LlpRavinder Seth is a mutual person
- Era Resorts Private Limited
Ravinder Seth is a mutual person
Charges (Loans)
₹23.16 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 21.81 Cr
- Others : 1.00 Cr
- Bank Of India : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2023 | Bank Of India | ₹3.50 M | Open |
| 18 Oct 2022 | Hdfc Bank Limited | ₹3.10 M | Open |
| 29 Jul 2021 | Others | ₹1.00 Cr | Open |
| 10 Mar 2021 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 18 Mar 2020 | Hdfc Bank Limited | ₹20.00 Cr | Open |
How Many Employees Work at Elite Wealth?
Unlock and access historical data on people associated with Elite Wealth, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Elite Wealth, 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 Wealth'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.
