- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0002095

About Elara Finance (India) Private Limited
Data last updated:
Elara Finance (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elara Capital (Mauritius) Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 13 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65191MH2011PTC213471. Its GSTIN is 27AACCE6211G1ZZ (Maharashtra).
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹36.23 Cr. It is led by directors including Rakesh Puri and Rajendra Bhatt.
Its last annual general meeting (AGM) was held on 25 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 ₹7.59 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Cr (net margin 59.2%) and EBITDA of ₹5.96 Cr (EBITDA margin 78.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
Elara Finance (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002095). 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 Finance (India)
Contact details
Elara Finance (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 AddressIndiabulls Finance Centre Tower 3 21st Floor Senapati Bapat Marg Elphinstone Road We, St, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Elara Finance (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 Finance (India) is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Elara Finance (India) Private Limited, buy the company report.
Financials of Elara Finance (India) Private Limited
FY 2025 filings availableElara Finance (India) Private Limited reported revenue of ₹7.59 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 9% fall in the latest year. EBITDA fell 10% 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 | ₹5.96 Cr | ||||
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| Net Profit (PAT) | ₹4.5 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 | 78.4% | ||||
| Net Profit Margin | 59.2% | ||||
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To see the full financial statements and ratios of Elara Finance (India) Private Limited, buy the company report.
Board of directors and KMP of Elara Finance (India) Private Limited
Elara Finance (India) Private Limited currently reports 4 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Puri | Director | 13 Feb 2011 | 15 Years 9 Months | Current |
| Rajendra Bhatt | Director | 15 Feb 2011 | 15 Years 8 Months | Current |
| Ajaykumar Amarnath Pandey | Director | 15 Feb 2011 | 15 Years 8 Months | Current |
| Kamal Kishore Sati | Director | 05 Jun 2018 | 8 Years 5 Months | Current |
| Ashok Kumar Jangir | Company Secretary | 23 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Elara Finance (India) Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magenta Finance Services Private Limited | ₹7.61 Cr (FY 2024) | 67.0% | New Delhi, Delhi, India | |||
| Transcont (India) Finvest Private Limited | ₹7.61 Cr (FY 2024) | 246.0% | Kanpur, Uttar Pradesh, India | |||
| Elara Finance (India) Private Limitedthis company | ₹7.59 Cr (FY 2025) | ₹4.5 Cr | 59.2% | -9.0% | Mumbai, Maharashtra, India | |
| Jothi Housing and Mortgage Finance Private Limited | ₹7.59 Cr (FY 2025) | 13.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Premium Exchange & Finance Ltd. | ₹7.59 Cr (FY 2024) | 163.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Elara Finance (India) Private Limited, buy the company report.
Auditor
Elara Finance (India) Private Limited is audited by RUPESH PARIKSHIT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUPESH PARIKSHIT & ASSOCIATES | FY 2023 | 017309N |
Shareholding
The shareholding of Elara Finance (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elara Finance (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elara Finance (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 Finance (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elara Finance (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE6211G1ZZ | Maharashtra | Active | 05 Nov 2018 |
To see the full GST registrations and return filing status of Elara Finance (India) Private Limited, buy the company report.
Recent activity
Elara Finance (India) Private Limited has 11 board changes on record since 2011: 8 appointments and 3 cessations. The latest: Ashok Kumar Jangir was appointed as Company Secretary on 23 Jul 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Elara Finance (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 13 February 2011 (15+ years old) and is registered under CIN U65191MH2011PTC213471.
Elara Finance (India) has 5 current directors and KMP:
- Rakesh Puri - Director
- Rajendra Bhatt - Director
- Ajaykumar Amarnath Pandey - Director
- Kamal Kishore Sati - Director
- Ashok Kumar Jangir - Company Secretary
The latest financial statements of Elara Finance (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elara Finance (India) is 27AACCE6211G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elara Finance (India) is U65191MH2011PTC213471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elara Finance (India) was incorporated on 13 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elara Finance (India) by revenue are Magenta Finance Services Private Limited, Transcont (India) Finvest Private Limited, Jothi Housing and Mortgage Finance Private Limited, Premium Exchange & Finance Ltd, all in the BFSI industry (Finance, Large NBFC, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities).
Ashok Kumar Jangir was appointed as Company Secretary on 23 Jul 2024. Harendra Kumar Nishankar ceased to be Director on 26 Feb 2019. Harendra Kumar Nishankar was appointed as Director on 05 Jun 2018. Elara Finance (India) has 11 board changes on record in total.
Yes, Elara Finance (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0002095).
Elara Finance (India) can be reached through the website elaracapital.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Elara Finance (India) is at Indiabulls Finance Centre Tower 3 21st Floor Senapati Bapat Marg Elphinstone Road We, St, Mumbai, Maharashtra, India – 400013.

