Elara Wealth Investment Advisers (India) Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2018.

2018 Mumbai, Maharashtra, India Struck Off

Last Updated: July 23, 2025

About Elara Wealth Investment Advisers (India) Private Limited

Elara Wealth Investment Advisers (India) Private Limited, a struck off private limited company, was established on 05 September 2018 in Mumbai, Maharashtra, India. Engaging in auxiliary to financial intermediatory within the financial services sector, it holds CIN: U67190MH2018PTC313548. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

Its leadership includes Rakesh Puri (Director), Nitesh Vinaychandra Shah (Director), Kamal Kishore Sati (Director). Past directors included Kamal Kishore Sati, Rajendra Bhatt, Ajaykumar Amarnath Pandey. Its latest AGM occurred on 07 September 2021, with the balance sheet filed on 31 March 2021. It is based at Indiabulls Finance Centre, Tower 3, 21 Floor,S B Marg, Elphinstone Road West, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U67190MH2018PTC313548
Registration Number
313548
Incorporation Date
05 September 2018
Authorized Capital
₹5.00 M
Paid-Up Capital
₹5.00 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 5.00 M as on 23-07-2025
Paid Up Capital ₹ 5.00 M as on 23-07-2025
Company Age 7 Year, 5 Months
Last Filing with ROC 31 Mar 2021
Revenue Growth **** 503.54% (FY 2021)
Profit Growth **** -21.96% (FY 2021)
Ebitda **** -73.01% (FY 2021)
Net Worth -87.58% (FY 2021)
Total Assets -88.07% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Elara Wealth Investment Advisers (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Elara Wealth Investment Advisers (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rakesh Puri	Director	05 Sep 2018	Current
Nitesh Vinaychandra Shah	Director	05 Sep 2018	Current
Kamal Kishore Sati	Director	06 Sep 2018	Current
Rajendra Bhatt	Director	06 Sep 2018	Current
Ajaykumar Amarnath Pandey	Director	06 Sep 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Sep 2019	Past
Pramod Abcsdd	Additional Director	27 Sep 2019	Past
Pramod Abcsdd	Additional Director	27 Sep 2019	Past

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Financial Performance of Elara Wealth Investment Advisers (India).

Elara Wealth Investment Advisers (India) Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 503.54% increase. The company also saw a substantial fall in profitability, with a 21.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 87.58%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

503.54%

*******

Revenue from Operations

*******

Total Assets

*******

-88.07%

*******

Profit or Loss

*******

-21.96%

*******

Net Worth

*******

-87.58%

*******

EBITDA

*******

-73.01%

*******

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What is the Ownership and Shareholding Structure of Elara Wealth Investment Advisers (India)?

Unlock access to Elara Wealth Investment Advisers (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Elara Wealth Investment Advisers (India)?

Unlock and access historical data on people associated with Elara Wealth Investment Advisers (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Elara Wealth Investment Advisers (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Elara Wealth Investment Advisers (India)'s trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Elara Wealth Investment Advisers (India)

Recent Activity within the Organization

Annual General Meeting

Progress on Elara Wealth Investment Advisers (India) Private Limited last Annual general meeting of members was held on 07 Sep 2021 as per latest MCA records. was documented.
07 Sep 2021
Balance Sheet

The activity Elara Wealth Investment Advisers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was completed.
31 Mar 2021
Director Appointment

Progress on Kamal Kishore Sati was appointed as a Director was appointed as a Director on 06 Sep 2018 & has been associated with this company since 7 years 5 months . was documented.
06 Sep 2018
Director Appointment

Rajendra Bhatt was appointed as a Director was appointed as a Director on 06 Sep 2018 & has been associated with this company since 7 years 5 months . was recorded as a recent event.
06 Sep 2018
Director Appointment

The activity Ajaykumar Amarnath Pandey was appointed as a Director was appointed as a Director on 06 Sep 2018 & has been associated with this company since 7 years 5 months . was completed.
06 Sep 2018
Director Appointment

The activity Rakesh Puri was appointed as a Director was appointed as a Director on 05 Sep 2018 & has been associated with this company since 7 years 5 months . was completed.
05 Sep 2018

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