Elevate Retail Private Limited
About Elevate Retail Private Limited
Data last updated:
Elevate Retail Private Limited was a private limited company based in New, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 30 September 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U52100DL2011PTC225690. Its GSTIN is 07AACCE8651N1Z6 (Delhi). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Praduman Raina and Omprakash Gupta.
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 was at C/O Goyal Sadan G – 1/7 A Phase – I Block G – 1 Budh Vihar, New, Delhi, India – 110086.
As per the financials filed for FY 2021, the company reported a revenue of ₹43.2 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Lakh (net margin -6.6%) and EBITDA of -₹1.09 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
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- Registered AddressC/O Goyal Sadan G – 1/7 A Phase – I Block G – 1 Budh Vihar, New, Delhi, India – 110086
- IndustryConsumer Goods, Footwear Retail & Distribution
- 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
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Financials of Elevate Retail Private Limited FY 2024 filings available
Elevate Retail Private Limited reported revenue of ₹43.2 Lakh (down 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Elevate Retail Private Limited
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. 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 Elevate Retail Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹43.2 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.85 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 Elevate Retail Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Elevate Retail 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 Elevate Retail Private Limited
Elevate Retail Private Limited is audited by PAWAN CHAGTI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PAWAN CHAGTI & ASSOCIATES | 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 Elevate Retail Private Limited
Elevate Retail has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praduman Raina Also directs: Maira Lifestyle Private Limited | Director | 01 Feb 2018 | 8 Years 8 Months | As last reported |
| Omprakash Gupta Also directs: Ridhaan Retail Private Limited | Director | 25 Apr 2018 | 8 Years 5 Months | As last reported |
Ownership and Shareholding of Elevate Retail 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 Elevate Retail Private Limited
Elevate Retail Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elevate Retail Private Limited
Employment history and EPFO contributions of people linked to Elevate Retail.
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.
Recent Activity on Elevate Retail Private Limited
Elevate Retail Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Amita Gupta ceased to be Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Elevate Retail 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 Elevate Retail 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 Elevate Retail 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 Elevate Retail Private Limited
Elevate Retail has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCE8651N1Z6 | Delhi | Active | 01 Jul 2017 |
| 01AACCE8651N1ZI | Jammu and Kashmir | Active | 19 Sep 2017 |
| 06AACCE8651N1Z8 | Haryana | Active | 14 Feb 2018 |
| 08AACCE8651N1Z4 | Rajasthan | Active | 22 Feb 2018 |
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 Elevate Retail 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 Elevate Retail Private Limited
Elevate Retail has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Elevate Retail was a private limited company based in New, Delhi, India. The company worked in footwear retail and distribution, within the consumer goods industry. It was incorporated on 30 September 2011 and is registered under CIN U52100DL2011PTC225690. The company has been struck off by the Registrar of Companies and is no longer operational.
Elevate Retail had 2 directors:
- Praduman Raina - Director
- Omprakash Gupta - Director
The CIN (Corporate Identification Number) of Elevate Retail is U52100DL2011PTC225690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Elevate Retail is at CO Goyal Sadan G – 17 A Phase – I Block G – 1 Budh Vihar, New, Delhi, India – 110086.
Elevate Retail was incorporated on 30 September 2011. It is registered with the Registrar of Companies, Delhi.
Elevate Retail reported revenue of ₹43.2 Lakh for FY 2021 (down 46% YoY).
Elevate Retail has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Elevate Retail reported a net loss of ₹2.85 Lakh (net margin -6.6%) and EBITDA of -₹1.09 Lakh (EBITDA margin -2.5%) for FY 2021, as per its filed financial statements.
The GSTIN of Elevate Retail is 07AACCE8651N1Z6, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 01AACCE8651N1ZI (Jammu and Kashmir), 06AACCE8651N1Z8 (Haryana), 08AACCE8651N1Z4 (Rajasthan).