- Udyam number
- UDYAM-MH-19-0000225

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
Recognitions & Rankings of Elara Capital (India)
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
- Website
- Registered AddressOne International Center Tower 3 21st Floor Senapati Bapat Marg Elphinstone, Road West, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Elara Capital (India) Private 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial 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 availableElara Capital (India) Private Limited reported revenue of ₹178.45 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹41.77 Cr | ||||
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| Net Profit (PAT) | ₹23.95 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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| EBITDA Margin | 23.4% | ||||
| Net Profit Margin | 13.4% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Puri | Director | 12 Jan 2007 | 19 Years 9 Months | Current |
| Kamal Kishore Sati | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Rajendra Bhatt | Director | 18 Sep 2006 | 20 Years 1 Months | Current |
| Ajaykumar Amarnath Pandey | Director | 04 Jan 2007 | 19 Years 10 Months | Current |
| Sameer Shetty | Managing Director | 04 Aug 2025 | 1 Years 3 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 13.4% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chadiok & CoLLP | FY 2024 | 001076N/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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| 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.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹10.23 Cr | Investors: Elara Capital |
| Jul 2017 | Rights issue | ₹15.11 Cr | Investors: Elara Capital |
| Mar 2015 | Rights issue | ₹10 Cr | Investors: Elara Capital |
| Jun 2013 | Funding round | ₹5.2 Cr | Investors: Elara Capital |
| Mar 2011 | Funding round | ₹9.23 Cr | Investors: 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.
Legal cases
No court or tribunal cases involving Elara Capital (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 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.
| Company Name | CIN | Shares held |
|---|---|---|
| Elara Securities (India) Private Limited | U74992MH2007PTC172297 |
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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE6487B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 27AABCE6487B2ZN | Maharashtra | Active | 25 Mar 2025 |
| 06AABCE6487B1ZS | Haryana | Active | 23 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.
7 earlier events are in the company report.
News
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:
- Sameer Shetty - Managing Director
- Rakesh Puri - Director
- Kamal Kishore Sati - Director
- Rajendra Bhatt - Director
- Ajaykumar Amarnath Pandey - Director
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.

