MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0201316
Elgiva Business Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.7 Cr
▲ 24% YoY
Net profit · FY 2024
₹30.54 Lakh
Net margin 8.3%
EBITDA · FY 2024
₹51.79 Lakh
EBITDA margin 14%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹53 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
21
Provident fund records
About Elgiva Business Solutions Private Limited
Data last updated:
Elgiva Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 25 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2004PTC033627. Its GSTIN is 29AABCE3828N1Z8 (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sheelu Joseph and Vinita Jayakumar.
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 #402 Carlton Towers No.1 Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.7 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹30.54 Lakh (net margin 8.3%) and EBITDA of ₹51.79 Lakh (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 30% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53 Lakh on record.
Elgiva Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0201316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elgiva.in.
Company details
CIN U74140KA2004PTC033627
Registration Number 033627
Incorporation Date 25 March 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0201316
Recognitions & Rankings of Elgiva Business Solutions
Contact details
Elgiva Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is elgiva.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#402 Carlton Towers No.1 Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Elgiva Business Solutions Private Limited, buy the company report.
Comprehensive company report
Elgiva Business Solutions 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Elgiva Business Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Elgiva Business Solutions Private Limited, buy the company report.
Financials of Elgiva Business Solutions Private Limited
FY 2024 filings availableElgiva Business Solutions Private Limited reported revenue of ₹3.7 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹3.7 Cr ▲ 24%
Net profit · FY 2024
₹30.54 Lakh margin 8.3%
EBITDA · FY 2024
₹51.79 Lakh margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 60%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 146%
5 years · compounded
▲ 80%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 24% growth in the latest year. EBITDA rose 73% 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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| EBITDA | ₹51.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.54 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 | 14% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elgiva Business Solutions Private Limited, buy the company report.
Board of directors of Elgiva Business Solutions Private Limited
Elgiva Business Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheelu Joseph | Director | 25 Mar 2004 | 22 Years 7 Months | Current |
| Vinita Jayakumar | Additional Director | 10 May 2025 | 1 Years 6 Months | Current |
Auditor
Elgiva Business Solutions Private Limited is audited by DIAS AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIAS AND ASSOCIATES | FY 2023 | 007104S |
Shareholding
The shareholding of Elgiva Business Solutions Private Limited 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elgiva Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101045581 | Others | ₹53 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Elgiva Business Solutions 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
Elgiva Business Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Roca Bathroom Products Private Limited | |||
| Mann and Hummel Filter Private Limited |
To see the full MSME payment records of Elgiva Business Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elgiva Business Solutions Private Limited has a workforce of 21 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
31.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 21 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Elgiva Business Solutions Private Limited, buy the company report.
GST
Elgiva Business Solutions has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE3828N1Z8 | Karnataka | Active | 01 Jul 2017 |
| 27AABCE3828N1ZC | Maharashtra | Active | 08 Jan 2025 |
To see the full GST registrations and return filing status of Elgiva Business Solutions Private Limited, buy the company report.
Recent activity
Elgiva Business Solutions Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Vinita Jayakumar was appointed as Additional Director on 10 May 2025.
Appointed
Vinita Jayakumar was appointed as Additional Director.
Ceased
Joseph Thomas ceased to be Director.
Charges
A charge with Others amounted to Rs. 53.00 Lakh with Charge ID 101045581 was registered on 31 Jan 2025.
AGM
Elgiva Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elgiva Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Joseph Thomas was appointed as Managing Director.
Appointed
Sheelu Joseph was appointed as Director.
Incorporation
25 Mar 2004
Elgiva Business Solutions Private Limited was registered on 25 Mar 2004 with Roc Bangalore & aged 22 years 7 months as per MCA records.
Frequently asked questions
Elgiva Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 25 March 2004 (22+ years old) and is registered under CIN U74140KA2004PTC033627.
Elgiva Business Solutions has 2 current directors:
- Sheelu Joseph - Director
- Vinita Jayakumar - Additional Director
The latest financial statements of Elgiva Business Solutions 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 2015 are in the company report.
The GSTIN of Elgiva Business Solutions is 29AABCE3828N1Z8, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCE3828N1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Elgiva Business Solutions is U74140KA2004PTC033627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elgiva Business Solutions was incorporated on 25 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinita Jayakumar was appointed as Additional Director on 10 May 2025. Joseph Thomas ceased to be Director on 09 May 2025. Joseph Thomas was appointed as Managing Director on 25 Mar 2004. Elgiva Business Solutions has 4 board changes on record in total.
Yes, Elgiva Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0201316).
Elgiva Business Solutions has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Elgiva Business Solutions can be reached through the website elgiva.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Elgiva Business Solutions is at #402 Carlton Towers No.1 Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008.
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