DPIIT recognised startup Government of India
Startup India
Elegocart Technology Private Limited - business services in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹67.78 Lakh
▲ 28% YoY
Net loss · FY 2024
₹1.76 Lakh
Net margin -2.6%
EBITDA · FY 2024
₹3.04 Lakh
EBITDA margin 4.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Elegocart Technology Private Limited
Data last updated:
Elegocart Technology Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 19 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109736. Its GSTIN is 29AAECE9155F1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Amrut Sanjay Maliye and Abhishek Manjunath Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kle Technological University Bvb Campus Vidyanagar, Hubli, Karnataka, India – 580021.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.78 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Lakh (net margin -2.6%) and EBITDA of ₹3.04 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 99% over five years.
Elegocart Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0006666). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lattech.in.
Company details
CIN U74999KA2018PTC109736
Registration Number 109736
Incorporation Date 19 January 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0006666
Recognitions & Rankings of Elegocart Technology
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-13-0006666
Contact details
Elegocart Technology Private Limited's registered office is in Hubli, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressKle Technological University Bvb Campus Vidyanagar, Hubli, Karnataka, India – 580021
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Elegocart Technology Private Limited, buy the company report.
Comprehensive company report
Elegocart Technology Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Elegocart Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Elegocart Technology Private Limited, buy the company report.
Financials of Elegocart Technology Private Limited
FY 2024 filings availableElegocart Technology Private Limited reported revenue of ₹67.78 Lakh (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹67.78 Lakh ▲ 28%
Net loss · FY 2024
₹1.76 Lakh margin -2.6%
EBITDA · FY 2024
₹3.04 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 60%
5 years · compounded
▲ 99%
EBITDA CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 10%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 99% over five years, including 28% growth in the latest year. EBITDA fell 78% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.76 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | -2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elegocart Technology Private Limited, buy the company report.
Board of directors of Elegocart Technology Private Limited
Elegocart Technology has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrut Sanjay Maliye | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
| Abhishek Manjunath Bhandari | Director | 19 Jan 2018 | 8 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Elegocart Technology 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 Elegocart Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elegocart Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE9155F1ZE | Karnataka | Active | 06 Feb 2018 |
To see the full GST registrations and return filing status of Elegocart Technology Private Limited, buy the company report.
Recent activity
Elegocart Technology Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Amrut Sanjay Maliye ceased to be Additional Director on 30 Sep 2019.
AGM
Elegocart Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elegocart Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Amrut Sanjay Maliye ceased to be Additional Director.
Ceased
Shreehari Bagalkot Dheerendra ceased to be Additional Director.
Ceased
Sushant Babasaheb Kudagi ceased to be Director.
Appointed
Amrut Sanjay Maliye was appointed as Director.
Appointed
Abhishek Manjunath Bhandari was appointed as Director.
Incorporation
19 Jan 2018
Elegocart Technology Private Limited was registered on 19 Jan 2018 with Roc Bangalore & aged 8 years 9 months as per MCA records.
Frequently asked questions
Elegocart Technology is an active private limited company based in Hubli, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 19 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109736.
Elegocart Technology has 2 current directors:
- Amrut Sanjay Maliye - Director
- Abhishek Manjunath Bhandari - Director
The latest financial statements of Elegocart Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Elegocart Technology is 29AAECE9155F1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Elegocart Technology is U74999KA2018PTC109736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegocart Technology was incorporated on 19 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Amrut Sanjay Maliye ceased to be Additional Director on 30 Sep 2019. Shreehari Bagalkot Dheerendra ceased to be Additional Director on 30 Sep 2019. Sushant Babasaheb Kudagi ceased to be Director on 01 May 2019. Elegocart Technology has 5 board changes on record in total.
Yes, Elegocart Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Elegocart Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0006666).
Elegocart Technology can be reached through the website lattech.in. Its registered office is in Hubli, Karnataka, India.