Elastic Lace (India) Private Limited
About Elastic Lace (India) Private Limited
Data last updated:
Elastic Lace (India) Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 19 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25199WB2002PTC094918. Its GSTIN is 19AABCE2243D1Z3 (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.61 Lakh. It is led by directors Samkit Sethia and Sanjay Sethia.
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 195/1/1 Mahatma Gandhi Road, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.01 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.76 Lakh (net margin 10.7%) and EBITDA of ₹13.88 Lakh (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Elastic Lace (India) Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address195/1/1 Mahatma Gandhi Road, Kolkata, West Bengal, India – 700007
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Elastic Lace (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 activities of Elastic Lace (India) are manufacturing and real estate. In detail, this covers textile, leather and other apparel products and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Elastic Lace (India) Private Limited, buy the company report.
Financials of Elastic Lace (India) Private Limited
FY 2025 filings availableElastic Lace (India) Private Limited reported revenue of ₹1.01 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 27% 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 | ₹13.88 Lakh | ||||
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| Net Profit (PAT) | ₹10.76 Lakh | ||||
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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 | 13.8% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Elastic Lace (India) Private Limited, buy the company report.
Board of directors of Elastic Lace (India) Private Limited
Elastic Lace (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samkit Sethia | Director | 28 Dec 2012 | 13 Years 9 Months | Current |
| Sanjay Sethia | Director | 21 Mar 2005 | 21 Years 7 Months | Current |
Auditor
Elastic Lace (India) Private Limited is audited by D C BHANDARI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D C BHANDARI & ASSOCIATES | FY 2019 | 314178E |
Shareholding
The shareholding of Elastic Lace (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Elastic Lace (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elastic Lace (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 Elastic Lace (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elastic Lace (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCE2243D1Z3 | West Bengal | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Elastic Lace (India) Private Limited, buy the company report.
Recent activity
Elastic Lace (India) Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Sanjay Sethia ceased to be Director on 23 Jun 2022.
Frequently asked questions
Elastic Lace (India) is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 19 July 2002 (24+ years old) and is registered under CIN U25199WB2002PTC094918.
Elastic Lace (India) has 2 current directors:
- Samkit Sethia - Director
- Sanjay Sethia - Director
The latest financial statements of Elastic Lace (India) 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 Elastic Lace (India) is 19AABCE2243D1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Elastic Lace (India) is U25199WB2002PTC094918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elastic Lace (India) was incorporated on 19 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Sethia ceased to be Director on 23 Jun 2022. Laxmipat Kothari ceased to be Director on 28 Dec 2012. Samkit Sethia was appointed as Director on 28 Dec 2012. Elastic Lace (India) has 5 board changes on record in total.
The registered office of Elastic Lace (India) is at 19511 Mahatma Gandhi Road, Kolkata, West Bengal, India – 700007.
Elastic Lace (India) operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Elastic Lace (India) is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.