MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CG-14-0001310
Elgin System (India) Private Limited - machinery and equipment in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.8 Lakh
▼ 20% YoY
Net loss · FY 2024
₹13.44 Lakh
Net margin -25.9%
EBITDA · FY 2024
-₹18.05 Lakh
EBITDA margin -34.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Elgin System (India) Private Limited
Data last updated:
Elgin System (India) Private Limited is a private limited company based in Raipur, Chhattisgarh, India, a subsidiary of Elgin System Inc.. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U74999CT2016PTC007464. Its GSTIN is 22AAECE3620M1ZV (Chattisgarh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Shubham Choudhari and Balaji Karaneeswar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 408 4th Floor Wallfort Ozone Fafadih Chowk, Raipur Chhattisgarh, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.8 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹13.44 Lakh (net margin -25.9%) and EBITDA of -₹18.05 Lakh (EBITDA margin -34.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 39% over five years.
Elgin System (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0001310). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elginsystem.in.
Company details
CIN U74999CT2016PTC007464
Registration Number 007464
Incorporation Date 10 August 2016
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Elgin System Inc.
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CG-14-0001310
Recognitions & Rankings of Elgin System (India)
Contact details
Elgin System (India) Private Limited's registered office is in Raipur, Chhattisgarh. Its website is elginsystem.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 408 4th Floor Wallfort Ozone Fafadih Chowk, Raipur Chhattisgarh, Chhattisgarh, India – 492001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Elgin System (India) Private Limited, buy the company report.
Comprehensive company report
Elgin System (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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Elgin System (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Elgin System (India) Private Limited, buy the company report.
Financials of Elgin System (India) Private Limited
FY 2025 filings availableElgin System (India) Private Limited reported revenue of ₹51.8 Lakh (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹51.8 Lakh ▼ 20%
Net loss · FY 2024
₹13.44 Lakh margin -25.9%
EBITDA · FY 2024
-₹18.05 Lakh margin -34.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 12%
5 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▲ 6%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 20% fall in the latest year. EBITDA fell 86% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹18.05 Lakh | ||||
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| Net Profit (PAT) | -₹13.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -34.9% | ||||
| Net Profit Margin | -25.9% | ||||
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To see the full financial statements and ratios of Elgin System (India) Private Limited, buy the company report.
Board of directors of Elgin System (India) Private Limited
Elgin System (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Choudhari | Director | 10 Aug 2016 | 10 Years 2 Months | Current |
| Balaji Karaneeswar | Director | 30 May 2017 | 9 Years 4 Months | Current |
Auditor
Elgin System (India) Private Limited is audited by BHARTI PARIMAL JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARTI PARIMAL JAIN & CO. | FY 2023 | 015366C |
Shareholding
The shareholding of Elgin System (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elgin System (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elgin System (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elgin System (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elgin System (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAECE3620M1ZV | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elgin System (India) Private Limited, buy the company report.
Recent activity
Elgin System (India) Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Malaya Kishore Harichandan ceased to be Director on 15 Dec 2018.
AGM
Elgin System (India) Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Elgin System (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Ceased
Malaya Kishore Harichandan ceased to be Director.
Ceased
Daoming Gong ceased to be Director.
Ceased
Anand Sharma ceased to be Additional Director.
Ceased
Balaji Karaneeswar ceased to be Additional Director.
Appointed
Balaji Karaneeswar was appointed as Director.
Ceased
Simar Cheema Sethi ceased to be Additional Director.
Appointed
Shubham Choudhari was appointed as Director.
Incorporation
10 Aug 2016
Elgin System (India) Private Limited was registered on 10 Aug 2016 with Roc Chhattisgarh & aged 10 years 2 months as per MCA records.
Frequently asked questions
Elgin System (India) is an active private limited company based in Raipur, Chhattisgarh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 August 2016 (10+ years old) and is registered under CIN U74999CT2016PTC007464.
Elgin System (India) has 2 current directors:
- Shubham Choudhari - Director
- Balaji Karaneeswar - Director
The latest financial statements of Elgin System (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Elgin System (India) is 22AAECE3620M1ZV, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Elgin System (India) is U74999CT2016PTC007464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elgin System (India) was incorporated on 10 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Malaya Kishore Harichandan ceased to be Director on 15 Dec 2018. Daoming Gong ceased to be Director on 29 Nov 2017. Anand Sharma ceased to be Additional Director on 29 Sep 2017. Elgin System (India) has 7 board changes on record in total.
Yes, Elgin System (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-CG-14-0001310).
Elgin System (India) can be reached through the website elginsystem.in. Its registered office is in Raipur, Chhattisgarh, India.
The registered office of Elgin System (India) is at F – 408 4th Floor Wallfort Ozone Fafadih Chowk, Raipur Chhattisgarh, Chhattisgarh, India – 492001.