About Elvee Spring
Data last updated:
Elvee Spring is a company based in India. The company has 58 employees. Elvee Spring offers products and services including Compression Springs and Wire Forms.
- Headquarter India
- Employees 58
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics
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- Legal Name Elvee Springs Pvt. Ltd
- Date of Incorporation 17 Nov, 2003
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue$1.48 M (USD)20.06as on Mar 31, 2023
- Net Profit$193.48 K (USD)58.63as on Mar 31, 2023
- EBITDA$630.89 K (USD)38.38as on Mar 31, 2023
- Employee Count58
Associated legal entities of Elvee Spring
Elvee Spring operates through Elvee Springs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Report |
|---|---|---|---|---|---|---|---|
| Elvee Springs Private Limited CIN U02720KA2003PTC032873 | Active | 17 Nov 2003 | Bangalore, Karnataka | ₹11.7 Cr | 58 | 4 | Buy report |
Board of directors of Elvee Springs Private Limited (Elvee Spring)
Elvee Springs Private Limited is the primary company behind Elvee Spring. The board of Elvee Springs Private Limited currently have 4 directors; the longest-serving is Prakash Venkataramaiah, appointed in 2003. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Venkataramaiah DIN 00444182 | Managing Director | 17 Nov 2003 | 22 yrs 10 mo | Elvee Springs Private Limited |
| Pradeep Kumar Prakash DIN 00445131 | Director | 17 Nov 2003 | 22 yrs 10 mo | Elvee Springs Private Limited |
| Renuka Prakash DIN 00445586 | Director | 17 Nov 2003 | 22 yrs 10 mo | Elvee Springs Private Limited |
| Praveen Prakash DIN 07120182 | Director | 12 Mar 2015 | 11 yrs 6 mo | Elvee Springs Private Limited |
Products & Services of Elvee Spring
Elvee Spring offers a comprehensive portfolio of products and services, including Compression Springs and Wire Forms.
Compression springs are produced using advanced CNC machines and superior raw materials to meet specific technical specifications.
Wire forms are created with precision and tight tolerances, catering to needs in various industries such as automotive and electrical.
Financials of Elvee Spring
Figures of Elvee Springs Private Limited, the primary company behind Elvee Spring, for FY 2024. Revenue was ₹11.71 Cr (-5% year on year). Net profit was ₹0.64 Cr (6% margin). EBITDA was ₹1.74 Cr (15% margin). Revenue has grown at a compounded annual rate of +16% over three years and +9% over five years.
- ₹11.71 CrRevenue · FY 2024 · -5% YoY
- ₹0.64 CrNet profit · 6% margin
- ₹1.74 CrEBITDA · 15% margin
- ₹0.10 CrPaid-up capital
- 58Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elvee Springs Private Limited are on its company page.
Buy the company report of Elvee Springs Private LimitedDetailed financial statements for Elvee Spring
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Frequently Asked Questions about Elvee Spring
Elvee Spring is headquartered in India.
Elvee Spring has 58 employees.
Annual revenue of Elvee Spring is $1.48M as on Mar 31, 2023.
Elvee Spring is recognized as a manufacturer of precision springs and wire forms that has operated since 1983. Products are produced using advanced CNC machines and high-quality raw materials, adhering to ISO 9001:2015 standards. Services are extended to sectors like automobile, electrical, electronics, medical, and defense, with a focus on import substitution for OEMs and MNCs. The companys infrastructure supports efficient production and timely deliveries, while technical expertise is applied in RD to address industry needs.
Elvee Spring offers Compression Springs and Wire Forms.
Elvee Spring operates through Elvee Springs Pvt. Ltd.
The legal entities of Elvee Spring currently have 4 directors, including Praveen Prakash, Prakash Venkataramaiah, Pradeep Kumar Prakash and others.