Enovate Lifestyles Private Limited

Online jewelry retailer offering a variety of gold and diamond products under the brand 'Candere'.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated:

Enovate Lifestyles Profile

Key Indicators

  • Authorised Capital ₹ 1.37 Cr
  • Paid Up Capital ₹ 3.82 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.75 Cr
  • Revenue Growth 11.73%
  • Profit Growth -383.98%
  • Ebitda -5154.28%
  • Net Worth -39.96%
  • Total Assets 45.06%

About Enovate Lifestyles

Enovate Lifestyles Private Limited (ELPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 December 2010 and has a history of 14 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Enovate Information Technologies Private Limited. The Company is engaged in the Trading 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 1.37 Cr and a paid-up capital of Rs 3.82 M.

The company currently has active open charges totaling ₹3.75 Cr.

Chathamur Rajagopal, Anil Nair, Arun Sankar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2010PTC211692

  • Company No.

    211692

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 2010

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Trading

What products or services does Enovate Lifestyles Private Limited offer?

Enovate Lifestyles Private Limited offers a wide range of products and services, including Gold & Gold Jewellery, Gold Jewelry, Gold Bracelets, Ladies Earring, Gold Earrings, Gold Chains, Gold Kada, Costume & Fashion Jewelry, Pendant, Gold Bangles.

Company report

Enovate Lifestyles Private Limited

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

Who are the key members and board of directors at Enovate Lifestyles?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjay Raghuraman Country flag representing In Managing Director28-Apr-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Trikkur Seetharaman Country flag representing In Director 01-Nov-2022Current
Chathamur Rajagopal Country flag representing In Additional Director 01-Dec-2024Current
Anil Nair Country flag representing In Director 01-Nov-2022Current
Arun Sankar Country flag representing In Director 28-Apr-2017Current

Financial Performance of Enovate Lifestyles.

Enovate Lifestyles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.73% increase. The company also saw a substantial fall in profitability, with a 383.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.96%.

Enovate Lifestyles revenue growth over time
Enovate Lifestyles 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
11.73%
Revenue from Operations
10.99%
Total Assets
45.06%
Profit or Loss
-383.98%
Net Worth
-39.96%
EBITDA
-5154.28%

What is the Ownership and Shareholding Structure of Enovate Lifestyles?

In 2023, Enovate Lifestyles had a promoter holding of 15.00% and a public holding of 85.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 3.75 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2023Tata Capital Financial Services Limited₹3.75 CrOpen

How Many Employees Work at Enovate Lifestyles?

Enovate Lifestyles has a workforce of 154 employees as of Apr 09, 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 Enovate Lifestyles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Enovate Lifestyles, 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 Enovate Lifestyles'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 Enovate Lifestyles

Recent activity within the organization

  • Director Appointment

    Chathamur Raman Rajagopal was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2024 & has been associated with this company since 5 months 7 days .

  • Annual General Meeting

    Enovate Lifestyles Private Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Enovate Lifestyles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.75 Cr with Charge ID 100676813 was registered on 16 Feb 2023.

  • Director Appointment

    Anil Sadasivan Nair was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Trikkur Anantharaman Seetharaman was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 6 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Enovate Lifestyles Private Limited?

    Enovate Lifestyles Private Limited was incorporated on 31 Dec 2010.

  • What is authorized share capital and paid-up capital of Enovate Lifestyles Private Limited?

    The authorized share capital of Enovate Lifestyles Private Limited is ₹ 1.37 Cr and paid-up capital is ₹ 3.82 M.

  • Who are the current board members & directors of Enovate Lifestyles Private Limited?

    Currently 5 directors are associated with Enovate Lifestyles Private Limited.

    • Chathamur Raman Rajagopal
    • Anil Sadasivan Nair
    • Arun Sankar
    • Sanjay Raghuraman
    • Trikkur Anantharaman Seetharaman

  • What is the registered address of Enovate Lifestyles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Enovate Lifestyles Private Limited is 506 Sej Plaza Marve Road Nr. Nutan Vidya Mandir School, India, Malad West, Maharashtra, 400064.

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

    The corporate identification number (CIN) of Enovate Lifestyles Private Limited is U74900MH2010PTC211692 and the company number is 211692 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Enovate Lifestyles Private Limited?

    The Official website of Enovate Lifestyles Private Limited is https://www.candere.com

  • What has been the recent revenue trend for Enovate Lifestyles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Enovate Lifestyles Private Limited has risen by 11.73%.

  • How many employees does Enovate Lifestyles Private Limited currently have?

    As Per 2023 financial reports, 154 employees are currently employed by Enovate Lifestyles Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Enovate Lifestyles Private Limited has experienced an downturn of -39.96%.

  • What are the total open charges for Enovate Lifestyles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Enovate Lifestyles Private Limited amount to ₹ 3.75 Cr.

  • When was the last Balance Sheet of Enovate Lifestyles Private Limited filed with the ROC?

    The most recent Balance Sheet for Enovate Lifestyles Private Limited was filed with the ROC on 31 Mar 2024.

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