Elevare Training Ventures Private Limited
About Elevare Training Ventures Private Limited
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Elevare Training Ventures Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 03 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2009PTC195675. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as New Age Technology Solutions Private Limited. It is led by directors Srikant and Meghna Agarwal.
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 316/274 2nd Floor Saidulajab Westend Marg Saket, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.64 Lakh. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 29.8%) and EBITDA of -₹4.6 Lakh (EBITDA margin -47.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address316/274 2nd Floor Saidulajab Westend Marg Saket, New Delhi, Delhi, India – 110030
- IndustryEducation, Vocational & Skill Development Training
- 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
- One PDF report, delivered after checkout
Business Activity of Elevare Training Ventures Private Limited
The main business activity of Elevare Training Ventures is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elevare Training Ventures Private Limited FY 2024 filings available
Elevare Training Ventures Private Limited reported revenue of ₹9.64 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR) of Elevare Training Ventures Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% 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 of Elevare Training Ventures Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹9.64 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.87 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 of Elevare Training Ventures Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 29.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elevare Training Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Elevare Training Ventures Private Limited
Elevare Training Ventures Private Limited is audited by Fank and Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Fank and Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elevare Training Ventures Private Limited
Elevare Training Ventures has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikant Also directs: Umitech Services Private Limited, Rollatainers Limited, Newtime Infrastructure Limited and 5 more | Director | 05 Aug 2015 | 11 Years 2 Months | Current |
| Meghna Agarwal | Director | 25 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Elevare Training Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elevare Training Ventures Private Limited
Elevare Training Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elevare Training Ventures Private Limited
Employment history and EPFO contributions of people linked to Elevare Training Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Elevare Training Ventures Private Limited
Elevare Training Ventures has one previous CIN (Corporate Identification Number): U72900DL2009PTC195675. The current CIN is U74900DL2009PTC195675, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL2009PTC195675 | Current |
| U72900DL2009PTC195675 | Previous |
Recent Activity on Elevare Training Ventures Private Limited
Elevare Training Ventures Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Meghna Agarwal ceased to be Additional Director on 30 Sep 2016.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elevare Training Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elevare Training Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elevare Training Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elevare Training Ventures Private Limited
Elevare Training Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elevare Training Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elevare Training Ventures Private Limited
Elevare Training Ventures is an active private limited company based in New Delhi, Delhi, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 03 November 2009 (17+ years old) and is registered under CIN U74900DL2009PTC195675.
Elevare Training Ventures reported revenue of ₹9.64 Lakh for FY 2023.
Elevare Training Ventures has 2 current directors:
- Srikant - Director
- Meghna Agarwal - Director
Elevare Training Ventures reported a net profit of ₹2.87 Lakh (net margin 29.8%) and EBITDA of -₹4.6 Lakh (EBITDA margin -47.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elevare Training Ventures is -6% over three years and -2% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Elevare Training Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Elevare Training Ventures is U74900DL2009PTC195675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elevare Training Ventures was incorporated on 03 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Meghna Agarwal ceased to be Additional Director on 30 Sep 2016. Srikant ceased to be Additional Director on 30 Sep 2016. Danish Anis Ahmad ceased to be Director on 05 Aug 2015. Elevare Training Ventures has 10 board changes on record in total.
The registered office of Elevare Training Ventures is at 316274 2nd Floor Saidulajab Westend Marg Saket, New Delhi, Delhi, India – 110030.