About Elite Inks Private Limited
Data last updated:
Elite Inks Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 22 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51495GJ2010PTC061225. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Elite Resins-Poly Trade Private Limited. It is led by directors Madhu Prakash Parekh and Velani Rajan Kantilal.
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 H.B. Jirawala House Navbharat Soc Nr. Panchshil Bus Stand Usmanpura, Ahmedabad, Gujarat, India – 380013.
As per MCA filings, the company has open charges of ₹271.92 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website champalalgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH.B. Jirawala House Navbharat Soc Nr. Panchshil Bus Stand Usmanpura, Ahmedabad, Gujarat, India – 380013
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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
Financials of Elite Inks Private Limited FY 2025 filings available
Elite Inks Private Limited reported revenue of ₹5,455 for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elite Inks Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 76% 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 Elite Inks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Elite Inks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Elite Inks 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.
Peer Comparison of Elite Inks Private Limited
Elite Inks Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments, Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greatlinx Impex Pvt Ltd | ₹5,700 (FY 2025) | •••• | •••• | 21.0% | •••• | Ernakulam, Kerala, India |
| VDR Colors and Chemicals Private Limited | ₹5,525 (FY 2022) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Natraj Mercantile Private Limited | ₹5,500 (FY 2024) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| SPBP Holdings Pvt Ltd | ₹5,500 (FY 2024) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Bluebird Commosales Private Limited | ₹5,489 (FY 2022) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Elite Inks Private Limited this company | ₹5,455 (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Ruia Global Nivesh Private Limited | ₹5,455 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Goldman Stocks & Share Brokers Pvt Ltd | ₹5,450 (FY 2024) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| SVSM Apparels Private Limited | ₹5,415 (FY 2024) | •••• | •••• | •••• | Tiruppur, Tamil Nadu, India | |
| Nightbird Fashion Private Limited | ₹5,410 (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Nisha & Nishant Textile Private Limited | ₹5,350 (FY 2016) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Elite Inks by revenue in the Chemicals industry (Dyes and Pigments, Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elite Inks Private Limited
Elite Inks Private Limited is audited by PATEL JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATEL JAIN & 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 Elite Inks Private Limited
Elite Inks 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 |
|---|---|---|---|---|
| Velani Rajan Kantilal Also directs: Plastene Infrastructure Limited, Plastene India Limited | Additional Director | 16 Apr 2025 | 1 Years 5 Months | Current |
| Madhu Prakash Parekh | Director | 18 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Elite Inks 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 Elite Inks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2023 | Others | ₹271.92 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Elite Inks Private Limited
Elite Inks Private Limited has 2 court cases on record: 2 filed by Elite Inks. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Sabar Flex Industries | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Elite Inks Private Limited
Elite Inks Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 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 |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| D R Coats Ink and Resins Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Elite Inks Private Limited
Employment history and EPFO contributions of people linked to Elite Inks.
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 Elite Inks Private Limited
Elite Inks Private Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Velani Rajan Kantilal was appointed as Additional Director on 16 Apr 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elite Inks 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.
Subsidiaries & Group Companies of Elite Inks 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 Elite Inks Private Limited
Elite Inks 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 Elite Inks 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 Elite Inks Private Limited
Elite Inks is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 22 June 2010 (16+ years old) and is registered under CIN U51495GJ2010PTC061225.
Elite Inks has 2 current directors:
- Velani Rajan Kantilal - Additional Director
- Madhu Prakash Parekh - Director
No. Elite Inks has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Elite Inks is U51495GJ2010PTC061225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Inks has 2 court cases on record: 2 filed by the company.
Elite Inks was incorporated on 22 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elite Inks by revenue are Greatlinx Impex Pvt Ltd, VDR Colors and Chemicals Private Limited, Natraj Mercantile Private Limited, SPBP Holdings Pvt Ltd, Bluebird Commosales Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments, Textile Retail and Distribution).
Velani Rajan Kantilal was appointed as Additional Director on 16 Apr 2025. Ansh Golechha ceased to be Additional Director on 30 Sep 2021. Sanjay Mahavirchand Salecha ceased to be Director on 19 Feb 2021. Elite Inks has 11 board changes on record in total.
Elite Inks has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Elite Inks can be reached through the website champalalgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Elite Inks is at H.B. Jirawala House Navbharat Soc Nr. Panchshil Bus Stand Usmanpura, Ahmedabad, Gujarat, India – 380013.
Elite Inks has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.