Elance Services Private Limited
About Elance Services Private Limited
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Elance Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 31 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2014PTC079493.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Elance Financial Services Private Limited. It is led by directors including Mukeshbhai Govindbhai Rabari and Manisha Jaymin Panchal.
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 B/2 Shikhar Apartment Nr. Cadila Bridge Ghodasar, Ahmedabad, Gujarat, India – 380050.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.16 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹39,007 (net margin 2.1%) and EBITDA of ₹39,007 (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB/2 Shikhar Apartment Nr. Cadila Bridge Ghodasar, Ahmedabad, Gujarat, India – 380050
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
- 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 of Elance Services Private Limited
The main business activity of Elance Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elance Services Private Limited FY 2025 filings available
Elance Services Private Limited reported revenue of ₹18.16 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elance Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 1% growth in the latest year. EBITDA rose 18% 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 of Elance Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹39,007 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39,007 | •••• | •••• | •••• | •••• |
| 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 of Elance Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elance Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Elance Services Private Limited
Elance Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukeshbhai Govindbhai Rabari | Director | 15 Jul 2025 | 1 Years 3 Months | Current |
| Manisha Jaymin Panchal | Director | 25 Feb 2019 | 7 Years 7 Months | Current |
| Nikunjkumar Mafatlal Patel | Director | 01 Jan 2024 | 2 Years 9 Months | Current |
Peer Comparison of Elance Services Private Limited
Elance Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Titan Advisory Services Private Limited | ₹18.22 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Thane, Maharashtra, India |
| Andromeda Finstock Pvt Ltd | ₹18.21 Lakh (FY 2024) | •••• | •••• | 69.0% | •••• | Vadodara, Gujarat, India |
| Blaze Finvest Private Limited | ₹18.2 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Luzon Associates Private Limited | ₹18.19 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Delhi, India |
| Northstella Wealth Private Limited | ₹18.18 Lakh (FY 2025) | •••• | •••• | 123.0% | •••• | Mumbai, Maharashtra, India |
| Elance Services Private Limited this company | ₹18.16 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Zoro Exim Private Limited | ₹18.16 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Delhi, India |
| Minal Credit Capital Private Limited | ₹18.15 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Indore, Madhya Pradesh, India |
| Hariyani Advisory Services Private Limited | ₹18.15 Lakh (FY 2025) | •••• | •••• | 75.0% | •••• | Ahmedabad, Gujarat, India |
| Anil Projects Pvt. Ltd. | ₹18.14 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Kolkata, West Bengal, India |
| Brajodeep Infracon Private Limited | ₹18.1 Lakh (FY 2023) | •••• | •••• | 99.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Elance Services by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Elance Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elance Services Private Limited
Elance Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elance Services Private Limited
Employment history and EPFO contributions of people linked to Elance Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elance Services Private Limited
Elance Services Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Mukeshbhai Govindbhai Rabari was appointed as Director on 15 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Elance Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elance Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elance Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elance Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elance Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elance Services Private Limited
Elance Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 31 March 2014 (12+ years old) and is registered under CIN U67120GJ2014PTC079493.
Elance Services reported revenue of ₹18.16 Lakh for FY 2025 (up 1% YoY).
Elance Services has 3 current directors:
- Mukeshbhai Govindbhai Rabari - Director
- Manisha Jaymin Panchal - Director
- Nikunjkumar Mafatlal Patel - Director
Elance Services reported a net profit of ₹39,007 (net margin 2.1%) and EBITDA of ₹39,007 (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elance Services is 27% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Elance Services is U67120GJ2014PTC079493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elance Services was incorporated on 31 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elance Services by revenue are Titan Advisory Services Private Limited, Andromeda Finstock Pvt Ltd, Blaze Finvest Private Limited, Luzon Associates Private Limited, Northstella Wealth Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Mukeshbhai Govindbhai Rabari was appointed as Director on 15 Jul 2025. Mukeshbhai Govindbhai Rabari ceased to be Director on 01 Jan 2024. Nikunjkumar Mafatlal Patel was appointed as Director on 01 Jan 2024. Elance Services has 7 board changes on record in total.
The registered office of Elance Services is at B2 Shikhar Apartment Nr. Cadila Bridge Ghodasar, Ahmedabad, Gujarat, India – 380050.
Elance Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.