
Elgin Sales Promotion Ltd
About Elgin Sales Promotion Ltd
Data last updated:
Elgin Sales Promotion Ltd is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Jyotilinga Tradelinks Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1993PLC060829.
The company has an authorised share capital of ₹6.7 Cr and a paid-up capital of ₹6.62 Cr. It was formerly known as Elgin Sales Promotion Pvt Ltd. It is led by directors including Tanmoy Chakraborty and Kaushik Palit.
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 7/1A Grant Lane 3rd Floor Room No – 4J, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.94 Lakh, a growth of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -5%) and EBITDA of -₹1.6 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 21% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Elgin Sales Promotion has one previous CIN (Corporate Identification Number): U51909WB1993PTC060829. The current CIN is U51909WB1993PLC060829, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1993PLC060829 | Current |
| U51909WB1993PTC060829 | Previous |
Contact details
Elgin Sales Promotion Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7/1A Grant Lane 3rd Floor Room No – 4J, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Elgin Sales Promotion Ltd, 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 activity of Elgin Sales Promotion is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Elgin Sales Promotion Ltd, buy the company report.
Financials of Elgin Sales Promotion Ltd
FY 2025 filings availableElgin Sales Promotion Ltd reported revenue of ₹31.94 Lakh (up 90% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 90% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA rose 32% 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 |
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| Total Expenses | |||||
| EBITDA | -₹1.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.6 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Elgin Sales Promotion Ltd, buy the company report.
Board of directors of Elgin Sales Promotion Ltd
Elgin Sales Promotion has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanmoy Chakraborty Also directs: Swarnganga Vinimay Ltd., Balashri Suppliers Limited, Jyotilinga Tradelinks Limited and 1 more | Additional Director | 23 Jul 2021 | 5 Years 3 Months | Current |
| Kaushik Palit Also directs: Swarnganga Vinimay Ltd., Balashri Suppliers Limited, Jyotilinga Tradelinks Limited and 5 more | Additional Director | 23 Jul 2021 | 5 Years 3 Months | Current |
| Aparna Palit Also directs: Swarnganga Vinimay Ltd., Balashri Suppliers Limited, Jyotilinga Tradelinks Limited and 4 more | Additional Director | 23 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Elgin Sales Promotion Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Banwari Securities Private Limited | ₹32.09 Lakh (FY 2024) | 36.0% | New Delhi, Delhi, India | |||
| Elgin Sales Promotion Ltdthis company | ₹31.94 Lakh (FY 2024) | -₹1.6 Lakh | -5% | 90.0% | Kolkata, West Bengal, India | |
| Bhillai Holdings Pvt Ltd | ₹31.94 Lakh (FY 2025) | -29.0% | Barabani, West Bengal, India | |||
| Suasion Finvest Pvt Ltd | ₹31.89 Lakh (FY 2025) | -53.0% | Kolkata, West Bengal, India | |||
| Glamour Jewels Pvt Ltd | ₹31.83 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Bothra Motor Finance Ltd | ₹31.83 Lakh (FY 2025) | 3.0% | Guwahati, Assam, India |
To see the full peer comparison of Elgin Sales Promotion Ltd, buy the company report.
Auditor
Elgin Sales Promotion Ltd is audited by M. K. K. AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. K. AGARWAL & ASSOCIATES | FY 2023 | 328816E |
Shareholding
The shareholding of Elgin Sales Promotion Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elgin Sales Promotion Ltd, buy the company report.
Legal cases
Elgin Sales Promotion Ltd has 1 court case on record: 1 filed by Elgin Sales Promotion. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Elgin Sales Promotion Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elgin Sales Promotion Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Elgin Sales Promotion Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Elgin Sales Promotion Ltd has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Navneet Kumar Singhania ceased to be Additional Director on 18 Jun 2022.
Frequently asked questions
Elgin Sales Promotion is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 25 November 1993 (33+ years old) and is registered under CIN U51909WB1993PLC060829.
Elgin Sales Promotion has 3 current directors:
- Tanmoy Chakraborty - Additional Director
- Kaushik Palit - Additional Director
- Aparna Palit - Additional Director
The latest financial statements of Elgin Sales Promotion 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 CIN (Corporate Identification Number) of Elgin Sales Promotion is U51909WB1993PLC060829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elgin Sales Promotion has 1 court case on record: 1 filed by the company.
Elgin Sales Promotion was incorporated on 25 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Elgin Sales Promotion by revenue are Banwari Securities Private Limited, Bhillai Holdings Pvt Ltd, Suasion Finvest Pvt Ltd, Glamour Jewels Pvt Ltd, Bothra Motor Finance Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Navneet Kumar Singhania ceased to be Additional Director on 18 Jun 2022. Rythamm Singhania ceased to be Additional Director on 18 Jun 2022. Sanjay Kumar Chaturvedi ceased to be Director on 18 Jun 2022. Elgin Sales Promotion has 9 board changes on record in total.
The registered office of Elgin Sales Promotion is at 71A Grant Lane 3rd Floor Room No – 4J, Kolkata, West Bengal, India – 700012.
Elgin Sales Promotion operates in the financial services industry, in the nbfc segment.
The compliance status of Elgin Sales Promotion is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.

