Elite Auction Services Private Limited
About Elite Auction Services Private Limited
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Elite Auction Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC121635. Its GSTIN is 29AAFCE3848N1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rachna Dewangan and Lokesh Devgan.
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 #5 18th B Cross Muthylanagar Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.27 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹2.09 Lakh (net margin -11.5%) and EBITDA of ₹24,000 (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 60% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Elite Auction Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#5 18th B Cross Muthylanagar Bangalore, Karnataka, India – 560013
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Elite Auction Services Private Limited, 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 Elite Auction Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Elite Auction Services Private Limited, buy the company report.
Financials of Elite Auction Services Private Limited
FY 2025 filings availableElite Auction Services Private Limited reported revenue of ₹18.27 Lakh (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 34% growth in the latest year. EBITDA rose 125% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24,000 | ||||
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| Net Profit (PAT) | -₹2.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | -11.5% | ||||
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To see the full financial statements and ratios of Elite Auction Services Private Limited, buy the company report.
Board of directors of Elite Auction Services Private Limited
Elite Auction Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachna Dewangan | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Lokesh Devgan | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Ashish Verma Also directs: Saursha Herbs Private Limited | Director | 07 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Elite Auction Services Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wincept Technologies Private Limited | ₹18.28 Lakh (FY 2025) | 155.0% | Mullampara, Kerala, India | |||
| Maroof Raza Associates Private Limited | ₹18.28 Lakh (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Ramappa Enterprises Private Limited | ₹18.28 Lakh (FY 2022) | 81.0% | Warangal, Telangana, India | |||
| Namrata Holidays Private Limited | ₹18.27 Lakh (FY 2016) | Vadodara, Gujarat, India | ||||
| Elite Auction Services Private Limitedthis company | ₹18.27 Lakh (FY 2025) | -₹2.09 Lakh | -11.5% | 34.0% | Bangalore, Karnataka, India | |
| Zinnox Business and Technology Solutions Private Limited | ₹18.27 Lakh (FY 2021) | -55.0% | Bangalore, Karnataka, India | |||
| Aglom Trades Private Limited | ₹18.26 Lakh (FY 2025) | 892.0% | Bharuch, Gujarat, India | |||
| Limitless Itc Private Limited | ₹18.26 Lakh (FY 2025) | 25.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Elite Auction Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elite Auction Services 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 Elite Auction Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elite Auction Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCE3848N1Z0 | Karnataka | Active | 07 Mar 2019 |
To see the full GST registrations and return filing status of Elite Auction Services Private Limited, buy the company report.
Recent activity
Elite Auction Services Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ashish Verma was appointed as Director on 07 Mar 2024.
Frequently asked questions
Elite Auction Services is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U74999KA2019PTC121635.
Elite Auction Services has 3 current directors:
- Rachna Dewangan - Director
- Lokesh Devgan - Director
- Ashish Verma - Director
The latest financial statements of Elite Auction Services 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 FY 2019 are in the company report.
The GSTIN of Elite Auction Services is 29AAFCE3848N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Elite Auction Services is U74999KA2019PTC121635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Auction Services was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elite Auction Services by revenue are Wincept Technologies Private Limited, Maroof Raza Associates Private Limited, Ramappa Enterprises Private Limited, Namrata Holidays Private Limited, Zinnox Business and Technology Solutions Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Ashish Verma was appointed as Director on 07 Mar 2024. Lokesh Devgan was appointed as Director on 20 Feb 2019. Rachna Dewangan was appointed as Director on 20 Feb 2019.
The registered office of Elite Auction Services is at #5 18th B Cross Muthylanagar Bangalore, Karnataka, India – 560013.
Elite Auction Services operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Elite Auction Services is compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.
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