Elara Capital (India) Private Limited

Elara Capital (India) Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65993MH2006PTC164708 Incorporated 18 September 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME
Data last updated
Revenue · FY 2025
₹178.45 Cr
▲ 41% YoY
Net profit · FY 2025
₹23.95 Cr
Net margin 13.4%
EBITDA · FY 2025
₹41.77 Cr
EBITDA margin 23.4%
Authorised capital
₹74 Cr
Registered with MCA
Paid-up capital
₹73.34 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
5
As per MCA filings
Active GSTINs
3
GST registered

About Elara Capital (India) Private Limited

Data last updated:

Elara Capital (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elara Capital Plc.. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 18 September 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH2006PTC164708. Its GSTIN is 27AABCE6487B1ZO (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹74 Cr and a paid-up capital of ₹73.34 Cr. It is led by directors including Sameer Shetty (Managing Director) and Rakesh Puri.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹178.45 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹23.95 Cr (net margin 13.4%) and EBITDA of ₹41.77 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 34% over five years.

Its group structure includes 1 subsidiary.

The company has 8 deals on record (4 funding rounds, 3 rights issues, 1 acquisition), with disclosed funding of ₹26 Cr; the latest was in March 2019. Its 3 peer companies in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 1 larger and 2 smaller; the largest is JM Financial Institutional Securities Limited with revenue of ₹225.87 Cr.

Elara Capital (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000225). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elaracapital.com.

Company details

CIN U65993MH2006PTC164708
Registration Number 164708
Incorporation Date 18 September 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Elara Capital Plc.
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0000225

Recognitions & Rankings of Elara Capital (India)

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0000225

Contact details

Elara Capital (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is elaracapital.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    One International Center Tower 3 21st Floor Senapati Bapat Marg Elphinstone, Road West, Mumbai, Maharashtra, India – 400013
  • Industry
    Financial Services, Investment Banking & Advisory

To see the full contact details of Elara Capital (India) Private Limited, buy the company report.

Comprehensive company report
Elara Capital (India) Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Elara Capital (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Elara Capital (India) Private Limited, buy the company report.

Financials of Elara Capital (India) Private Limited

FY 2025 filings available

Elara Capital (India) Private Limited reported revenue of ₹178.45 Cr (up 41% YoY) for FY 2025.

Revenue · FY 2025
₹178.45 Cr ▲ 41%
Net profit · FY 2025
₹23.95 Cr margin 13.4%
EBITDA · FY 2025
₹41.77 Cr margin 23.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 19%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 2%
5 years · compounded
▲ 60%

Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 41% growth in the latest year. EBITDA rose 63% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹41.77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.95 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.4%
Net Profit Margin13.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Elara Capital (India) Private Limited, buy the company report.

Board of directors of Elara Capital (India) Private Limited

Elara Capital (India) has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh PuriDirector12 Jan 200719 Years 9 MonthsCurrent
Kamal Kishore SatiDirector15 Dec 20232 Years 10 MonthsCurrent
Rajendra BhattDirector18 Sep 200620 Years 1 MonthsCurrent
Ajaykumar Amarnath PandeyDirector04 Jan 200719 Years 10 MonthsCurrent
Sameer ShettyManaging Director04 Aug 20251 Years 3 MonthsCurrent

Peer comparison

Elara Capital (India) Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
JM Financial Institutional Securities Limited₹225.87 Cr (FY 2017)27.0%Mumbai, Maharashtra, India
Elara Capital (India) Private Limitedthis company₹178.45 Cr (FY 2025)₹23.95 Cr13.4%41.0%Mumbai, Maharashtra, India
Idbi Capital Markets & Securities Limited₹143.79 Cr (FY 2025)17.0%Mumbai, Maharashtra, India
Religare Capital Markets Limited₹134.69 Cr (FY 2016)-6.0%New Delhi, Delhi, India

To see the full peer comparison of Elara Capital (India) Private Limited, buy the company report.

Auditor

Elara Capital (India) Private Limited is audited by Walker Chadiok & CoLLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Walker Chadiok & CoLLPFY 2024001076N/N500013

Shareholding

The shareholding of Elara Capital (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Elara Capital (India) Private Limited, buy the company report.

Deals & funding

Elara Capital (India) Private Limited has 8 deals on record (4 funding rounds, 3 rights issues, 1 acquisition), with disclosed funding of ₹26 Cr; the latest was in March 2019.

Total deals
8
Funding rounds
4
Rights issues
3
Acquisition
1
Disclosed funding
₹26 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2019Rights issue₹10.23 CrInvestors: Elara Capital
Jul 2017Rights issue₹15.11 CrInvestors: Elara Capital
Mar 2015Rights issue₹10 CrInvestors: Elara Capital
Jun 2013Funding round₹5.2 CrInvestors: Elara Capital
Mar 2011Funding round₹9.23 CrInvestors: Elara Capital

To see the full deal history of Elara Capital (India) Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Elara Capital (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Elara Capital (India) has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Elara Securities (India) Private LimitedU74992MH2007PTC172297

To see the full group structure of Elara Capital (India) Private Limited, buy the company report.

GST

Elara Capital (India) has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AABCE6487B1ZOMaharashtraActive01 Jul 2017
27AABCE6487B2ZNMaharashtraActive25 Mar 2025
06AABCE6487B1ZSHaryanaActive23 Feb 2025

To see the full GST registrations and return filing status of Elara Capital (India) Private Limited, buy the company report.

Recent activity

Elara Capital (India) Private Limited has 16 board changes on record since 2006: 5 appointments and 11 cessations. The latest: Sameer Shetty was appointed as Managing Director on 04 Aug 2025.

AGM
Elara Capital (India) Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Sameer Shetty was appointed as Managing Director.
Filing
Elara Capital (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Kamal Kishore Sati ceased to be Additional Director.
Ceased
Manoj Kumar Kohli ceased to be Additional Director.
Appointed
Kamal Kishore Sati was appointed as Director.
Ceased
Ravi Sundar Muthukrishnan ceased to be Managing Director.
Ceased
Avinash Kalia ceased to be Director.
Ceased
Mark Alastair Runacres ceased to be Director.
Ceased
Saurabh Ambika Drolia ceased to be Whole-Time Director.
Ceased
Kashyap Anil Chanchani ceased to be Additional Director.
Ceased
Abhishek Anand Bhagat ceased to be Managing Director.

7 earlier events are in the company report.

Frequently asked questions

Elara Capital (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 18 September 2006 (20+ years old) and is registered under CIN U65993MH2006PTC164708.

Elara Capital (India) has 5 current directors:

The latest financial statements of Elara Capital (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Elara Capital (India) is 27AABCE6487B1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCE6487B2ZN (Maharashtra), 06AABCE6487B1ZS (Haryana).

The CIN (Corporate Identification Number) of Elara Capital (India) is U65993MH2006PTC164708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Elara Capital (India) was incorporated on 18 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Elara Capital (India) has 8 deals on record (4 funding rounds, 3 rights issues, 1 acquisition), with disclosed funding of ₹26 Cr; the latest was in March 2019.

The peers of Elara Capital (India) by revenue are JM Financial Institutional Securities Limited, Idbi Capital Markets & Securities Limited, Religare Capital Markets Limited, all in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services).

Sameer Shetty was appointed as Managing Director on 04 Aug 2025. Kamal Kishore Sati ceased to be Additional Director on 25 Sep 2024. Manoj Kumar Kohli ceased to be Additional Director on 25 Sep 2024. Elara Capital (India) has 16 board changes on record in total.

Yes, Elara Capital (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0000225).

Elara Capital (India) can be reached through the website elaracapital.com. Its registered office is in Mumbai, Maharashtra, India.