Elite Wealth Limited

Offers wealth-generation solutions, stock and commodity broking, financial planning, and more.

1990 | Gurugram, Haryana (India) | Active
Last Updated:

Elite Wealth Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 34 Year, 11 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 11 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

Financial Services

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.

Company report

Elite Wealth Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ravinder Seth Country flag representing In Managing Director29-May-1990Current

Board Members (4)

NameDesignationAppointment DateStatus
Vikram Luthra Country flag representing In Director 17-Aug-2016Current
Tarun Gera Country flag representing In Director 17-Aug-2016Current
Dheeraj Bhatia Country flag representing In Director 17-Aug-2016Current
Ankur Seth Country flag representing Ca Director 01-Jul-2009Current

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%.

Elite Wealth revenue growth over time
Elite Wealth 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
-5.29%
Revenue from Operations
-11.35%
Total Assets
-6.04%
Profit or Loss
-43.74%
Net Worth
3.50%
EBITDA
-96.52%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.16 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
23 Jan 2023Bank Of India₹3.50 MOpen
18 Oct 2022Hdfc Bank Limited₹3.10 MOpen
29 Jul 2021Others₹1.00 CrOpen
10 Mar 2021Hdfc Bank Limited₹1.50 CrOpen
18 Mar 2020Hdfc Bank Limited₹20.00 CrOpen

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.

Employee growth trends for Elite Wealth Limited

Deals i

Graph showing company valuation over time

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

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 Wealth

Recent activity within the organization

  • Annual General Meeting

    Elite Wealth Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Elite Wealth Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 18 Mar 2020 with Charge ID 100334448 was modified on 03 Feb 2023.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.35 Cr with Charge ID 100680485 was registered on 23 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100684482 was registered on 18 Oct 2022.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100465400 was registered on 29 Jul 2021.

Frequently asked questions

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

    Elite Wealth Limited was incorporated on 29 May 1990.

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

    The authorized share capital of Elite Wealth Limited is ₹ 6.25 Cr and paid-up capital is ₹ 4.99 Cr.

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

    Currently 5 directors are associated with Elite Wealth Limited.

    • Ravinder Parkash Seth
    • Tarun Gera
    • Dheeraj Bhatia
    • Vikram Luthra
    • Ankur Seth

  • What is the registered address of Elite Wealth Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Elite Wealth Limited is Casa Picasso Golf Course Extension Near Rajesh Pilot Chowk Radha Swami, Se Ctor-61 India, Gurgaon, Haryana, 122001.

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

    The corporate identification number (CIN) of Elite Wealth Limited is U74899HR1990PLC035764 and the company number is 035764 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Elite Wealth Limited?

    The Official website of Elite Wealth Limited is https://www.elitewealth.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Elite Wealth Limited has fallen by -5.29%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Elite Wealth Limited has experienced an upsurge of 3.50%.

  • What are the total open charges for Elite Wealth Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Elite Wealth Limited amount to ₹ 23.16 Cr.

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

    The most recent Balance Sheet for Elite Wealth Limited was filed with the ROC on 31 Mar 2024.

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