About Essel Corporate Resources Private Limited
Data last updated:
Essel Corporate Resources Private Limited is a private limited company based in Maharashtra, India, a subsidiary of Veena Investments Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2002PTC136737. Its GSTIN is 27AABCE0473D1Z2 (Maharashtra).
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹52.36 Lakh. It was formerly known as Essel Corporate Services Private Limited. It is led by directors Sourabh Kumar and Basant Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 606 Gaurav Woods Phase – II C Wing Near Kankia Close To Mayor Bunglow Mira Road East, Thane, Maharashtra, India – 401107.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹385 Cr and satisfied charges of ₹2,270 Cr on record. Court records list 36 cases involving the company, including 12 filed by the company and 20 filed against it; 13 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 esselnewsletter.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 606 Gaurav Woods Phase – II C Wing Near Kankia Close To Mayor Bunglow Mira Road East, Thane, Maharashtra, India – 401107
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Financials of Essel Corporate Resources Private Limited FY 2024 filings available
Essel Corporate Resources Private Limited reported revenue of ₹6,000 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Essel Corporate Resources Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 89% over five years. 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 of Essel Corporate Resources Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6,000 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Essel Corporate Resources Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 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 Essel Corporate Resources are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Essel Corporate Resources Private Limited
Auditor information for Essel Corporate Resources Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Essel Corporate Resources Private Limited
Essel Corporate Resources has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Kumar | Director | 20 Jul 2024 | 2 Years 2 Months | Current |
| Basant Sharma Also directs: NBS Ventures LLP, World Crest Advisors LLP, Tatva Polymer Processing Private Limited and 5 more | Director | 30 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Essel Corporate Resources Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Essel Corporate Resources Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2018 | Others | ₹205 Cr | Open |
| 17 Dec 2015 | Idbi Trusteeship Services Limited | ₹180 Cr | Open |
| 24 Jul 2017 | Others | ₹250 Cr | Satisfied |
| 15 Jul 2017 | Others | ₹250 Cr | Satisfied |
| 05 Jul 2017 | Others | ₹250 Cr | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Essel Corporate Resources Private Limited
Essel Corporate Resources Private Limited has 36 court cases on record: 12 filed by Essel Corporate Resources, 20 filed against it, 4 where it is another party. 13 cases are pending and 23 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 8 | 8 |
| District courts | 11 | 8 | 1 |
| NCLAT | 4 | 4 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Stci Finance Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Stci Finance Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Stci Finance Limited | Pending |
| Bombay High Court | Court case (CARAP) | Filed against the company by Zee Entertainment Enterprises Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Stci Finance Limited | Disposed |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Essel Corporate Resources Private Limited
Employment history and EPFO contributions of people linked to Essel Corporate Resources.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Essel Corporate Resources Private Limited
Essel Corporate Resources has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Direct Media Distribution Ventures Private Limited | U40300MH2009PTC189362 | Locked |
Showing major subsidiaries. Total: 1.
News related to Essel Corporate Resources Private Limited
Recent Activity on Essel Corporate Resources Private Limited
Essel Corporate Resources Private Limited has 16 board changes on record since 2007: 2 appointments and 14 cessations. The latest: Sourabh Kumar ceased to be Additional Director on 29 Sep 2024.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Essel Corporate Resources Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Essel Corporate Resources Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Essel Corporate Resources Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Essel Corporate Resources Private Limited
Essel Corporate Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE0473D1Z2 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Essel Corporate Resources Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Essel Corporate Resources Private Limited
Essel Corporate Resources is an active private limited company based in Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 August 2002 (24+ years old) and is registered under CIN U74140MH2002PTC136737.
Essel Corporate Resources has 2 current directors:
- Sourabh Kumar - Director
- Basant Sharma - Director
The GSTIN of Essel Corporate Resources is 27AABCE0473D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Essel Corporate Resources is U74140MH2002PTC136737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essel Corporate Resources has 36 court cases on record: 12 filed by the company and 20 filed against it. 13 are pending. Most are in the high courts.
Essel Corporate Resources was incorporated on 06 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Sourabh Kumar ceased to be Additional Director on 29 Sep 2024. Shreesh Asthana ceased to be Additional Director on 22 Jul 2024. Sourabh Kumar was appointed as Director on 20 Jul 2024. Essel Corporate Resources has 16 board changes on record in total.
Essel Corporate Resources can be reached through the website esselnewsletter.com. Its registered office is in Maharashtra, India.
The registered office of Essel Corporate Resources is at C – 606 Gaurav Woods Phase – II C Wing Near Kankia Close To Mayor Bunglow Mira Road East, Thane, Maharashtra, India – 401107.
Essel Corporate Resources has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹52.36 Lakh.