About Elan Limited
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Elan Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70200DL2013PLC250600. Its GSTIN is 06AADCE3341G1Z1 (Haryana).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹80.5 Lakh. It is led by directors including Ravish Kapoor (Managing Director) and Akash Kapoor.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L – 1/1100 First Floor Street No 25 Sangam Vihar, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2025, the company reported a revenue of ₹324.85 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹15.03 Cr (net margin -4.6%) and EBITDA of ₹94.74 Cr (EBITDA margin 29.2%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years and 31% over five years.
The company has about 59 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Elan Limited. As per MCA filings, the company has open charges of ₹1,790.7 Cr and satisfied charges of ₹2,050 Cr on record. Court records list 16 cases involving the company, including 5 filed by the company and 11 filed against it; 3 cases are pending. The company has 10 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1,625.2 Cr; the latest was in October 2024. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is One Place Commercials Private Limited with revenue of ₹325.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elanlimited.com.
Company details
Contact details
Elan Limited's registered office is in New Delhi, Delhi. Its website is elanlimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL – 1/1100 First Floor Street No 25 Sangam Vihar, New Delhi, Delhi, India – 110062
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Elan Limited, buy the company report.
- 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
Brands
Elan operates one associated brand: Elan Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial real estate development services are provided. | elanlimited.com |
Business activity
The main business activity of Elan is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Elan Limited, buy the company report.
Financials of Elan Limited
FY 2025 filings availableElan Limited reported revenue of ₹324.85 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 44% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹94.74 Cr | ||||
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| Net Profit (PAT) | -₹15.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 29.2% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Elan Limited, buy the company report.
Board of directors and KMP of Elan Limited
Elan Limited currently reports 3 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Agarwal | Cfo | 01 Nov 2022 | 4 Years 0 Months | Current |
| Akash Kapoor | Director | 10 Apr 2013 | 13 Years 7 Months | Current |
| Ravish Kapoor | Managing Director | 10 Apr 2013 | 13 Years 7 Months | Current |
| Gaurav Khandelwal Also directs: Elan Imperial Private Limited, Elan Avenue Limited, Elan Hotels Private Limited and 5 more | Director | 07 Jul 2018 | 8 Years 4 Months | Current |
Peer comparison
Elan Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| One Place Commercials Private Limited | ₹325.67 Cr (FY 2024) | -5.0% | Mumbai, Maharashtra, India | |||
| Elan Limitedthis company | ₹324.85 Cr (FY 2025) | -₹15.03 Cr | -4.6% | -17.0% | New Delhi, Delhi, India | |
| Cci Projects Private Limited | ₹321.16 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Saha Infratech Private Limited | ₹320.32 Cr (FY 2018) | 39782.0% | Delhi, India | |||
| Ozone Projects Private Limited | ₹319.93 Cr (FY 2020) | 66.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Elan Limited, buy the company report.
Auditor
Elan Limited is audited by A P R A & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P R A & Associates LLP | FY 2023 | 011078N/ N500064 |
Shareholding
The shareholding of Elan 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 Elan Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2025 | 101157019 | Axis Bank Limited | ₹70 Cr | Open | |
| 07 Jul 2025 | 101122152 | Others | ₹250 Cr | Open | |
| 29 Jan 2025 | 101047296 | Others | ₹250 Cr | Open | |
| 21 Sep 2024 | 100986905 | Idbi Trusteeship Services Limited | ₹1,200 Cr | Open | |
| 09 Jul 2024 | 100955633 | Hdfc Bank Limited | ₹5 Cr | Open |
To see the full charge records of Elan Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Elan Limited has 10 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1,625.2 Cr; the latest was in October 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Funding round | ₹1,200 Cr | Investors: Kotak Real Estate Fund (Kotak Realty Fund) |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Rights issue | ₹11 Lakh | Investors: Elan Buildcon Private Limited |
| Jul 2018 | Funding round | ₹19.5 Lakh | Investors: Elan Buildcon Private Limited |
To see the full deal history of Elan Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elan Limited has 16 court cases on record: 5 filed by Elan, 11 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 2 |
| High courts | 5 | 3 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by B.L. Kashyap and Sons Limited | Pending |
| High Court of Punjab and Haryana | Court case (FAO-CARB) | Filed against the company by M/S BL Kashyap and Sons Ltd and 1 other | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by B.L. Kashyap and Sons Limited | Disposed |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed against the company by B.L.Kashyap and Sons Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Sana Realtors Pvt Ltd | Disposed |
To see the full case history of Elan Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elan Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Elan has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Elan Imperial Private Limited | U45200DL2008PTC173009 | |
| Elan Avenue Limited | U45400HR2007PLC104996 | |
| Elan Infra Private Limited | U70109HR2020PTC090491 | |
| Elan Enclave Private Limited | U70109HR2021PTC099477 | |
| Ecotown Facility Private Limited | U74999HR2021PTC098608 |
To see the full group structure of Elan Limited, buy the company report.
GST
Elan has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCE3341G1Z1 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elan Limited, buy the company report.
Recent activity
Elan Limited has 24 board changes on record since 2013: 14 appointments and 10 cessations. The latest: Sandeep Agarwal was appointed as CFO on 01 Nov 2022.
61 earlier events are in the company report.
News
Frequently asked questions
Elan is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 April 2013 (13+ years old) and is registered under CIN U70200DL2013PLC250600.
Elan has 4 current directors and KMP:
- Ravish Kapoor - Managing Director
- Akash Kapoor - Director
- Gaurav Khandelwal - Director
- Sandeep Agarwal - Cfo
The latest financial statements of Elan on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elan is 06AADCE3341G1Z1, registered in Haryana.
The CIN (Corporate Identification Number) of Elan is U70200DL2013PLC250600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elan has 16 court cases on record: 5 filed by the company and 11 filed against it. 3 are pending. Most are in the district courts.
Elan was incorporated on 10 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Elan has 10 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1,625.2 Cr; the latest was in October 2024.
The peers of Elan by revenue are One Place Commercials Private Limited, Cci Projects Private Limited, Saha Infratech Private Limited, Ozone Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sandeep Agarwal was appointed as CFO on 01 Nov 2022. Anjali Poddar ceased to be Director on 07 Jul 2018. Gaurav Khandelwal was appointed as Director on 07 Jul 2018. Elan has 24 board changes on record in total.
Elan can be reached through the website elanlimited.com. Its registered office is in New Delhi, Delhi, India.
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