About Elveego Circuits Private Limited
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Elveego Circuits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 07 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2010PTC055084. Its GSTIN is 29AACCE4909R1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ningthoujam Uttamkumar Singh and Ravi Sanker Yadavalli.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.83 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Cr (net margin -18.5%) and EBITDA of -₹74.69 Lakh (EBITDA margin -12.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elveego.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elveegocircuits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFirst Floor Snr Vertex No 903/1 19th Main Road Hsr Layout 4th, Sector, Bangalore, Karnataka, India – 560102
- IndustryService, Information Technology Services
- 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
Associated Brands
Elveego Circuits operates one associated brand: ELVEEGO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers semiconductor IC designs, retargeting, and R&D services for global partners. | elveegocircuits.com |
Business Activity
The main business activity of Elveego Circuits is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Elveego Circuits Private Limited
FY 2023 filings availableElveego Circuits Private Limited reported revenue of ₹5.83 Cr (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 23% fall in the latest year. EBITDA fell 225% 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹5.83 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹74.69 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹1.08 Cr | |
| 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
| Metrics | FY 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -12.8% | |
| Net Profit Margin | -18.5% | |
| 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, and every line for FY 2018-19 to FY 2021-22, 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 Elveego Circuits are in the company report.
: available in the company report
Board of Directors of Elveego Circuits Private Limited
Elveego Circuits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ningthoujam Uttamkumar Singh Also directs: Elvigo Systems LLP | Director | 07 Sep 2010 | 16 Years 1 Months | Current |
| Ravi Sanker Yadavalli Also directs: Elvigo Systems LLP, Asopactn Technologies LLP | Director | 07 Sep 2010 | 16 Years 1 Months | Current |
Auditor Details
Elveego Circuits Private Limited is audited by RVKS And ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RVKS And ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Elveego Circuits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Elveego Circuits Private Limited has a workforce of 20 employees as of Mar 30, 2024.
: available in the company report
Recent Activity
Elveego Circuits Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Nanjundeswaran Sridhar ceased to be Director on 10 Dec 2014.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Elveego Circuits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE4909R1ZZ | Karnataka | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Elveego Circuits is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 07 September 2010 (16+ years old) and is registered under CIN U74999KA2010PTC055084.
Elveego Circuits has 2 current directors:
- Ningthoujam Uttamkumar Singh - Director
- Ravi Sanker Yadavalli - Director
The latest financial statements of Elveego Circuits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Elveego Circuits is 29AACCE4909R1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Elveego Circuits is U74999KA2010PTC055084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elveego Circuits was incorporated on 07 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Nanjundeswaran Sridhar ceased to be Director on 10 Dec 2014. Bethamkalyanchakravarthy was appointed as Director on 07 Sep 2010. Ningthoujam Uttamkumar Singh was appointed as Director on 07 Sep 2010. Elveego Circuits has 4 board changes on record in total.
Elveego Circuits can be reached through the website elveegocircuits.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Elveego Circuits is at First Floor Snr Vertex No 9031 19th Main Road Hsr Layout 4th, Sector, Bangalore, Karnataka, India – 560102.
Elveego Circuits operates in the service industry, in the information technology services segment.