About Elite Wealth Limited
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Elite Wealth Limited is a public limited company based in Gurgaon, Haryana, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 29 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74899HR1990PLC035764. Its GSTIN is 05AAACE0759K1ZP (Uttarakhand).
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹4.99 Cr. It was formerly known as Elite Wealth Advisors Limited and Elite Stock Management Limited Tfr. from Delhi to Haryana. It is led by directors including Ravinder Parkash Seth (Managing Director) and Ankur Seth.
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 Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.41 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Cr (net margin 6.9%) and EBITDA of ₹3.58 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Elite Wealth Advisors. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹3.16 Cr on record. Court records list 30 cases involving the company, including 13 filed by the company and 17 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elitewealth.in.
Company details
Name history
Elite Wealth has undergone 3 name changes throughout its history. The company was previously known as Elite Wealth Advisors Limited, Elite Stock Management Limited Tfr. From Delhi To Haryana, and Elite Stock & Wealth Management Limited. The current legal name is Elite Wealth Limited.
| Company Name | Status |
|---|---|
| Elite Wealth Limited | Current |
| Elite Wealth Advisors Limited | Previous |
| Elite Stock Management Limited Tfr. From Delhi To Haryana | Previous |
| Elite Stock & Wealth Management Limited | Previous |
CIN history
Elite Wealth has one previous CIN (Corporate Identification Number): U74899HR2005PLC035764. The current CIN is U74899HR1990PLC035764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1990PLC035764 | Current |
| U74899HR2005PLC035764 | Previous |
Contact details
Elite Wealth Limited's registered office is in Gurgaon, Haryana. Its website is elitewealth.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressCasa Picasso Golf Course Extension Near Rajesh Pilot Chowk Radha Swami Se, Ctor – 61, Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Elite Wealth 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
Brands
Elite Wealth operates one associated brand: Elite Wealth Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides investment products like equity, mutual funds, and wealth advisory services. | elitewealth.in |
Business activity
The main business activity of Elite Wealth 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 Elite Wealth Limited, buy the company report.
Financials of Elite Wealth Limited
FY 2025 filings availableElite Wealth Limited reported revenue of ₹15.41 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 35% 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 | ₹3.58 Cr | ||||
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| Net Profit (PAT) | ₹1.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.3% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Elite Wealth Limited, buy the company report.
Board of directors and KMP of Elite Wealth Limited
Elite Wealth Limited currently reports 4 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Parkash Seth Also directs: Gsu E Consulting LLP, Era Resorts Private Limited, Picasso Hospitality Private Limited and 5 more | Managing Director | 29 May 1990 | 36 Years 4 Months | Current |
| Ankur Seth | Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Dheeraj Bhatia | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
| Tarun Gera Also directs: Elite Insurance Brokers Private Limited | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
| Gurpreet Singh Sidana | Ceo | 14 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Elite Wealth Limited is audited by K N A ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N A ASSOCIATES | FY 2023 | 014111N |
Shareholding
The shareholding of Elite Wealth Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elite Wealth Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2020 | 100334448 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 23 Jan 2023 | 100680485 | Bank of India | ₹35 Lakh | Satisfied | |
| 18 Oct 2022 | 100684482 | Hdfc Bank Limited | ₹31 Lakh | Satisfied | |
| 29 Jul 2021 | 100465400 | Others | ₹1 Cr | Satisfied | |
| 10 Mar 2021 | 100428108 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Elite Wealth Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Elite Wealth Limited has 30 court cases on record: 13 filed by Elite Wealth, 17 filed against it. 6 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 17 | 3 |
| High courts | 7 | 0 | 3 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Criminal case | Filed against the company by an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer, Ward 8(1), Delhi & Ors. | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
To see the full case history of Elite Wealth Limited, 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 Elite Wealth Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Elite Wealth has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Elite Insurance Brokers Private Limited | U66030DL2006PTC153802 |
To see the full group structure of Elite Wealth Limited, buy the company report.
GST
Elite Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACE0759K1ZP | Uttarakhand | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Elite Wealth Limited, buy the company report.
Recent activity
Elite Wealth Limited has 21 board changes on record since 1990: 13 appointments and 8 cessations. The latest: Gurpreet Singh Sidana was appointed as CEO on 14 Nov 2025.
22 earlier events are in the company report.
Frequently asked questions
Elite Wealth is an active public limited company based in Gurgaon, Haryana, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 29 May 1990 (36+ years old) and is registered under CIN U74899HR1990PLC035764.
Elite Wealth has 5 current directors and KMP:
- Ravinder Parkash Seth - Managing Director
- Ankur Seth - Director
- Dheeraj Bhatia - Director
- Tarun Gera - Director
- Gurpreet Singh Sidana - Ceo
The latest financial statements of Elite Wealth 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 GSTIN of Elite Wealth is 05AAACE0759K1ZP, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Elite Wealth is U74899HR1990PLC035764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Wealth has 30 court cases on record: 13 filed by the company and 17 filed against it. 6 are pending. Most are in the district courts.
Elite Wealth was incorporated on 29 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Haryana.
Gurpreet Singh Sidana was appointed as CEO on 14 Nov 2025. Vikram Luthra ceased to be Director on 10 Jan 2025. Dheeraj Bhatia was appointed as Director on 17 Aug 2016. Elite Wealth has 21 board changes on record in total.
Elite Wealth can be reached through the website elitewealth.in. Its registered office is in Gurgaon, Haryana, India.
The registered office of Elite Wealth is at Casa Picasso Golf Course Extension Near Rajesh Pilot Chowk Radha Swami Se, Ctor – 61, Gurgaon, Haryana, India – 122001.