Elegance Malls Limited
About Elegance Malls Limited
Data last updated:
Elegance Malls Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Prius Commercial Projects Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 April 2005.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL2005PLC134697.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.77 Lakh. It is led by directors including Sahil Anand and Md Makhdoom Ahmad.
Its last annual general meeting (AGM) was held on 10 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 3 District Centre Saket, New Delhi, Delhi, India – 110017.
Its group structure includes 1 subsidiary.
The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹346.7 Cr; the latest was in January 2014. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Hitesh Land Developers Private Limited with revenue of ₹2,000.
Company details
Contact details
Elegance Malls Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 3 District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Elegance Malls 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
Financials of Elegance Malls Limited
FY 2024 filings availableElegance Malls Limited reported revenue of ₹2,000 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Elegance Malls Limited, buy the company report.
Board of directors of Elegance Malls Limited
Elegance Malls has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Anand Also directs: Prius Commercial Projects Private Limited | Director | 03 Mar 2022 | 4 Years 7 Months | As last reported |
| Md Makhdoom Ahmad | Director | 03 Mar 2022 | 4 Years 7 Months | As last reported |
| Praveen Kumar | Director | 03 Mar 2022 | 4 Years 7 Months | As last reported |
Peer comparison
Elegance Malls Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elegance Malls Limitedthis company | ₹2,000 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Hitesh Land Developers Private Limited | ₹2,000 (FY 2025) | -82.0% | Mumbai, Maharashtra, India | |||
| Nortex Fort Private Limited | ₹2,000 (FY 2024) | -89.0% | Kolkata, West Bengal, India | |||
| Different Earth Spaces Real Estate Private Limited | ₹2,000 (FY 2025) | Hisar, Haryana, India | ||||
| Arpana Consultancy Private Limited | ₹2,000 (FY 2024) | Kolkata, West Bengal, India | ||||
| Reddy Homes Private Limited | ₹2,000 (FY 2023) | Bangalore, Karnataka, India | ||||
| R. K. Buildcon Private Limited | ₹2,000 (FY 2025) | 100.0% | Mumbai, Maharashtra, India | |||
| Dhaataa Property Private Limited | ₹2,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Shivkripa Buildcon Private Limited | ₹2,000 (FY 2024) | -98.0% | Jaipur, Rajasthan, India | |||
| Yeshwanth Realtors Private Limited | ₹2,000 (FY 2025) | -50.0% | Secunderabad, Telangana, India | |||
| Labh Shelters Private Limited | ₹2,000 (FY 2019) | -100.0% | Pune, Maharashtra, India |
To see the full peer comparison of Elegance Malls Limited, buy the company report.
Auditor
Elegance Malls Limited is audited by DEEPAK K THAKKAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK K THAKKAR & ASSOCIATES | FY 2019 | 016853N |
Shareholding
The shareholding of Elegance Malls 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 |
|---|---|---|---|
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To see the full shareholding pattern of Elegance Malls Limited, buy the company report.
Deals & funding
Elegance Malls Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹346.7 Cr; the latest was in January 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round | ₹6.7 Lakh | Investors: Prius Commercial Projects Private Limited |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: Prius Commercial Projects Private Limited Seller: Unitech Limited |
| Jul 2009 | Funding round | ₹346.64 Cr | Investors: Prius Commercial Projects Private Limited |
| Jan 2006 | Secondary share transfer | Undisclosed | Buyer: Unitech Limited Seller: Unitel Holdings Limited |
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 Elegance Malls 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 Elegance Malls Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Elegance Malls has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rapid Buildwell Limited | U45201DL2005PLC135266 |
To see the full group structure of Elegance Malls Limited, buy the company report.
GST
No GST registration is on our record for Elegance Malls Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Elegance Malls Limited has 24 board changes on record since 2007: 3 appointments and 21 cessations. The latest: Md Makhdoom Ahmad ceased to be Additional Director on 19 Sep 2022.
15 earlier events are in the company report.
Frequently asked questions
Elegance Malls is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Elegance Malls is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 April 2005 and is registered under CIN U70101DL2005PLC134697. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Elegance Malls has 3 current directors:
- Sahil Anand - Director
- Md Makhdoom Ahmad - Director
- Praveen Kumar - Director
The latest financial statements of Elegance Malls on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Elegance Malls is U70101DL2005PLC134697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegance Malls was incorporated on 05 April 2005. It is registered with the Registrar of Companies, Delhi.
Elegance Malls has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹346.7 Cr; the latest was in January 2014.
The peers of Elegance Malls by revenue are Hitesh Land Developers Private Limited, Nortex Fort Private Limited, Different Earth Spaces Real Estate Private Limited, Arpana Consultancy Private Limited, Reddy Homes Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Md Makhdoom Ahmad ceased to be Additional Director on 19 Sep 2022. Praveen Kumar ceased to be Additional Director on 19 Sep 2022. Md Makhdoom Ahmad was appointed as Director on 03 Mar 2022. Elegance Malls has 24 board changes on record in total.
The registered office of Elegance Malls is at D – 3 District Centre Saket, New Delhi, Delhi, India – 110017.
Elegance Malls operates in the real estate and construction industry, in the real estate builders and developers segment.