MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-13-0016876
Elveety Industries Private Limited
Elveety Industries Private Limited - food and beverages in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹150.25 Cr
▲ 3% YoY
Net profit · FY 2025
₹6.93 Cr
Net margin 4.6%
EBITDA · FY 2025
₹10.24 Cr
EBITDA margin 6.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹4.99 Cr
Satisfied ₹20.72 Cr
Company age
31 yrs
Est. 1995
Directors on board
5
As per MCA filings
About Elveety Industries Private Limited
Data last updated:
Elveety Industries Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 26 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01111KA1995PTC018130. Its GSTIN is 29AAACE4277C1ZR (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It is led by directors including Mahendra Laxmikant Thakkar (Managing Director) and Nikhil Praveen Thakkar (Whole-Time Director).
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 M – 15 – 16 Industrial Estatepost Box No 26 Gokul Road, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹150.25 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹6.93 Cr (net margin 4.6%) and EBITDA of ₹10.24 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹4.99 Cr and satisfied charges of ₹20.72 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it.
Elveety Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0016876). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01111KA1995PTC018130
Registration Number 018130
Incorporation Date 26 June 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-13-0016876
Key People
Mahendra Laxmikant Thakkar Managing Director Nikhil Praveen Thakkar Whole-Time Director Jatin Mahendra Thakkar Whole-Time Director Recognitions & Rankings of Elveety Industries
Contact details
Elveety Industries Private Limited's registered office is in Hubli, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressM – 15 – 16 Industrial Estatepost Box No 26 Gokul Road, Hubli, Karnataka, India – 580030
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Elveety Industries Private Limited, buy the company report.
Comprehensive company report
Elveety Industries Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Elveety Industries is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Elveety Industries Private Limited, buy the company report.
Financials of Elveety Industries Private Limited
FY 2025 filings availableElveety Industries Private Limited reported revenue of ₹150.25 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹150.25 Cr ▲ 3%
Net profit · FY 2025
₹6.93 Cr margin 4.6%
EBITDA · FY 2025
₹10.24 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 17%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 27%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 3% growth in the latest year. EBITDA rose 30% 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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| Total Expenses | |||||
| EBITDA | ₹10.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.93 Cr | ||||
| Balance Sheet | |||||
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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 | 6.8% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Elveety Industries Private Limited, buy the company report.
Board of directors of Elveety Industries Private Limited
Elveety Industries has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Praveen Thakkar | Whole-Time Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Jatin Mahendra Thakkar Also directs: Elveety Products Private Limited | Whole-Time Director | 28 Jun 1995 | 31 Years 3 Months | Current |
| Mahendra Laxmikant Thakkar Also directs: Elveety Products Private Limited | Managing Director | 26 Jun 1995 | 31 Years 3 Months | Current |
| Dhiren Jitendra Thakkar | Whole-Time Director | 28 Jun 1995 | 31 Years 3 Months | Current |
| Praveen Laxmikant Thakkar | Whole-Time Director | 26 Jun 1995 | 31 Years 3 Months | Current |
Auditor
Elveety Industries Private Limited is audited by R H Agrawal & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R H Agrawal & Co | FY 2023 |
Shareholding
The shareholding of Elveety Industries 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 Elveety Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.99 Cr
Satisfied charges
₹20.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2023 | 100764813 | State Bank of India | ₹24 Lakh | Open | |
| 09 Aug 2016 | 100047417 | State Bank of India | ₹4.75 Cr | Open | |
| 28 Apr 2016 | 100029176 | Others | ₹1.48 Lakh | Satisfied | |
| 26 Sep 2012 | 10381571 | Tata Capital Financial Services Limited | ₹6.5 Cr | Satisfied | |
| 04 Sep 2012 | 10376733 | The South Indian Bank Limited | ₹12.15 Cr | Satisfied |
To see the full charge records of Elveety Industries Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Elveety Industries Private Limited has 8 court cases on record: 4 filed by Elveety Industries, 4 filed against it. All cases are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Microfinish Valves Pvt Ltd | Disposed |
| NCLT, Bengaluru | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Elveety Industries Private 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 Elveety Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elveety Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE4277C1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elveety Industries Private Limited, buy the company report.
Recent activity
Elveety Industries Private Limited has 6 board changes on record since 1995: 5 appointments and 1 cessation. The latest: Jitendra Thakkar Laxmikant ceased to be Managing Director on 24 Aug 2015.
AGM
Elveety Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elveety Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 0.24 Cr with Charge ID 100764813 was registered on 28 Jul 2023.
Charges
A charge with State Bank Of India of Rs. 4.75 Cr registered on 09 Aug 2016 with Charge ID 100047417 was modified on 30 Mar 2022.
Charges
A charge registered on 28 Apr 2016 via Charge ID 100029176 with Others was fully satisfied on 05 Feb 2020.
Charges
A charge registered on 04 Sep 2012 via Charge ID 10376733 with The South Indian Bank Limited was fully satisfied on 05 Feb 2020.
Charges
A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 100047417 was registered on 09 Aug 2016.
Charges
A charge registered on 26 Sep 2012 via Charge ID 10381571 with Tata Capital Financial Services Limited was fully satisfied on 06 Jun 2016.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100029176 was registered on 28 Apr 2016.
Ceased
Jitendra Thakkar Laxmikant ceased to be Managing Director.
Charges
A charge with The South Indian Bank Limited of Rs. 12.15 Cr registered on 04 Sep 2012 with Charge ID 10376733 was modified on 30 Apr 2015.
Charges
A charge registered on 22 Feb 2002 via Charge ID 80026474 with State Bank Of India was fully satisfied on 12 Sep 2013.
11 earlier events are in the company report.
Frequently asked questions
Elveety Industries is an active private limited company based in Hubli, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 26 June 1995 (31+ years old) and is registered under CIN U01111KA1995PTC018130.
Elveety Industries has 5 current directors:
- Mahendra Laxmikant Thakkar - Managing Director
- Nikhil Praveen Thakkar - Whole-Time Director
- Jatin Mahendra Thakkar - Whole-Time Director
- Dhiren Jitendra Thakkar - Whole-Time Director
- Praveen Laxmikant Thakkar - Whole-Time Director
The latest financial statements of Elveety Industries 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 Elveety Industries is 29AAACE4277C1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Elveety Industries is U01111KA1995PTC018130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elveety Industries has 8 court cases on record: 4 filed by the company and 4 filed against it. Most are in the high courts.
Elveety Industries was incorporated on 26 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Jitendra Thakkar Laxmikant ceased to be Managing Director on 24 Aug 2015. Nikhil Praveen Thakkar was appointed as Whole-Time Director on 01 Apr 2002. Dhiren Jitendra Thakkar was appointed as Whole-Time Director on 28 Jun 1995. Elveety Industries has 6 board changes on record in total.
Yes, Elveety Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-13-0016876).
The registered office of Elveety Industries is at M – 15 – 16 Industrial Estatepost Box No 26 Gokul Road, Hubli, Karnataka, India – 580030.