MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0085653
Elvestro Enterprises Private Limited
Elvestro Enterprises Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.95 Cr
▼ 66% YoY
Net loss · FY 2024
₹1.1 Cr
Net margin -5.2%
EBITDA · FY 2024
-₹53.91 Lakh
EBITDA margin -2.6%
Authorised capital
₹54 Lakh
Registered with MCA
Paid-up capital
₹44.09 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
About Elvestro Enterprises Private Limited
Data last updated:
Elvestro Enterprises Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18209GJ2019PTC110663. Its GSTIN is 24AAHCV1598E1Z7 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹54 Lakh and a paid-up capital of ₹44.09 Lakh. It was formerly known as Vax Fashion Private Limited. It is led by directors including Murlidhar Joshi and Vishwambar Kameshwar Singh.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.95 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -5.2%) and EBITDA of -₹53.91 Lakh (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 259% over three years.
Elvestro Enterprises Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0085653).
Company details
CIN U18209GJ2019PTC110663
Registration Number 110663
Incorporation Date 05 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0085653
Recognitions & Rankings of Elvestro Enterprises
Contact details
Elvestro Enterprises Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSarkari Ghar Vihona, Palodia Tekara, Ahmedabad, Gujarat, India – 380059
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Elvestro Enterprises Private Limited, buy the company report.
Comprehensive company report
Elvestro Enterprises 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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Business activity
The main business activity of Elvestro Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Elvestro Enterprises Private Limited, buy the company report.
Financials of Elvestro Enterprises Private Limited
FY 2025 filings availableElvestro Enterprises Private Limited reported revenue of ₹20.95 Cr (down 66% YoY) for FY 2024.
Revenue · FY 2024
₹20.95 Cr ▼ 66%
Net loss · FY 2024
₹1.1 Cr margin -5.2%
EBITDA · FY 2024
-₹53.91 Lakh margin -2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▲ 259%
EBITDA CAGR growth
1 year
▼ 193%
3 years · compounded
▼ 122%
Revenue fell 66% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 259%. EBITDA fell 193% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹53.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.1 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.6% | ||||
| Net Profit Margin | -5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elvestro Enterprises Private Limited, buy the company report.
Board of directors of Elvestro Enterprises Private Limited
Elvestro Enterprises has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murlidhar Joshi Also directs: Hemo Organic Limited, Shree Kishan Medicare Private Limited | Director | 14 Dec 2022 | 3 Years 10 Months | Current |
| Vishwambar Kameshwar Singh Also directs: Hemo Organic Limited, Shree Kishan Medicare Private Limited | Director | 14 Dec 2022 | 3 Years 10 Months | Current |
| Shani Bhati | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Elvestro Enterprises Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lamarc Asia Private Limited | ₹20.95 Cr (FY 2025) | -58.0% | Kolkata, West Bengal, India | |||
| Elvestro Enterprises Private Limitedthis company | ₹20.95 Cr (FY 2024) | -₹1.1 Cr | -5.2% | -66.0% | Ahmedabad, Gujarat, India | |
| Anchal Vincom Private Limited | ₹20.86 Cr (FY 2023) | 7.0% | Kolkata, West Bengal, India | |||
| Aman Intratradex Private Limited | ₹20.84 Cr (FY 2015) | 24.0% | New Delhi, Delhi, India | |||
| S.Kamlesh Fashion Private Limited | ₹20.83 Cr (FY 2025) | -10.0% | Bhilwara, Rajasthan, India | |||
| Shoeknot Dolphin Sales Private Limited | ₹20.83 Cr (FY 2025) | -5.0% | Rohtak, Haryana, India |
To see the full peer comparison of Elvestro Enterprises Private Limited, buy the company report.
Auditor
Elvestro Enterprises Private Limited is audited by NIRANJAN JAIN & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRANJAN JAIN & CO. | FY 2022 | 113913W |
Shareholding
The shareholding of Elvestro Enterprises Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Elvestro Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elvestro Enterprises 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 Elvestro Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elvestro Enterprises has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV1598E1Z7 | Gujarat | Active | 06 Jan 2021 |
| 24AAHCV1598E2Z6 | Gujarat | Active | 27 Aug 2021 |
To see the full GST registrations and return filing status of Elvestro Enterprises Private Limited, buy the company report.
Recent activity
Elvestro Enterprises Private Limited has 9 board changes on record since 2021: 3 appointments and 6 cessations. The latest: Murlidhar Joshi ceased to be Additional Director on 29 Sep 2023.
AGM
Elvestro Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elvestro Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Murlidhar Joshi ceased to be Additional Director.
Ceased
Vishwambar Kameshwar Singh ceased to be Additional Director.
Appointed
Murlidhar Joshi was appointed as Director.
Appointed
Vishwambar Kameshwar Singh was appointed as Director.
Ceased
Pratapsingh Bhoorsingh Zala ceased to be Additional Director.
Ceased
Tarachand Gangasahay Agrawal ceased to be Director.
Ceased
Shani Bhati ceased to be Additional Director.
Ceased
Mithleshkumar M Agrawal ceased to be Director.
Appointed
Shani Bhati was appointed as Director.
Incorporation
05 Nov 2019
Elvestro Enterprises Private Limited was registered on 05 Nov 2019 with Roc Ahmedabad & aged 7 years 8 days as per MCA records.
Frequently asked questions
Elvestro Enterprises is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 November 2019 (7+ years old) and is registered under CIN U18209GJ2019PTC110663.
Elvestro Enterprises has 3 current directors:
- Murlidhar Joshi - Director
- Vishwambar Kameshwar Singh - Director
- Shani Bhati - Director
The latest financial statements of Elvestro Enterprises 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 FY 2020 are in the company report.
The GSTIN of Elvestro Enterprises is 24AAHCV1598E1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAHCV1598E2Z6 (Gujarat).
The CIN (Corporate Identification Number) of Elvestro Enterprises is U18209GJ2019PTC110663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elvestro Enterprises was incorporated on 05 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elvestro Enterprises by revenue are Lamarc Asia Private Limited, Anchal Vincom Private Limited, Aman Intratradex Private Limited, S.Kamlesh Fashion Private Limited, Shoeknot Dolphin Sales Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Murlidhar Joshi ceased to be Additional Director on 29 Sep 2023. Vishwambar Kameshwar Singh ceased to be Additional Director on 29 Sep 2023. Murlidhar Joshi was appointed as Director on 14 Dec 2022. Elvestro Enterprises has 9 board changes on record in total.
Yes, Elvestro Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0085653).
The registered office of Elvestro Enterprises is at Sarkari Ghar Vihona, Palodia Tekara, Ahmedabad, Gujarat, India – 380059.
Elvestro Enterprises operates in the home and lifestyle industry, in the textile retail and distribution segment.
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