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.
Company details
Contact details
Elveego Circuits Private Limited's registered office is in Bangalore, Karnataka. Its website is elveegocircuits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Elveego Circuits 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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Elveego Circuits Private Limited, buy the company report.
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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹5.83 Cr | ||||
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| EBITDA | -₹74.69 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.8% | ||||
| Net Profit Margin | -18.5% | ||||
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To see the full financial statements and ratios of Elveego Circuits Private Limited, buy 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
Elveego Circuits Private Limited is audited by RVKS And ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RVKS And ASSOCIATES | FY 2023 | 008572S |
Shareholding
The shareholding of Elveego Circuits 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elveego Circuits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elveego Circuits 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 Elveego Circuits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elveego Circuits Private Limited has a workforce of 20 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Elveego Circuits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE4909R1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elveego Circuits Private Limited, buy 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.
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.