MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0005478
Elegant Business Solutions Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.89 Cr
▼ 26% YoY
Net loss · FY 2024
₹1.31 Cr
Net margin -11%
EBITDA · FY 2024
-₹1.26 Cr
EBITDA margin -10.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.12 Lakh
Issued & subscribed
Open charges
₹1.77 Cr
Satisfied ₹40 Lakh
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Elegant Business Solutions Private Limited
Data last updated:
Elegant Business Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2014PTC267965. Its GSTIN is 07AADCE6870A1ZV (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.12 Lakh. It is led by directors Geetha Binu and Binu Thomas.
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 409/55 Madhuban Building Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.89 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Cr (net margin -11%) and EBITDA of -₹1.26 Cr (EBITDA margin -10.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
The company is associated with 1 brand: Elegant Business Solution. As per MCA filings, the company has open charges of ₹1.77 Cr and satisfied charges of ₹40 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
Elegant Business Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0005478). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ebsitindia.com.
Company details
CIN U72900DL2014PTC267965
Registration Number 267965
Incorporation Date 11 June 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0005478
Key People
Geetha Binu Director Binu Thomas Director Recognitions & Rankings of Elegant Business Solutions
Contact details
Elegant Business Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is ebsitindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address409/55 Madhuban Building Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Elegant Business Solutions Private Limited, buy the company report.
Comprehensive company report
Elegant Business Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Elegant Business Solutions operates one associated brand: Elegant Business Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Comprehensive tools and support are provided for companies and employees. | ebselegant.com |
Business activity
The main business activity of Elegant Business Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Elegant Business Solutions Private Limited, buy the company report.
Financials of Elegant Business Solutions Private Limited
FY 2024 filings availableElegant Business Solutions Private Limited reported revenue of ₹11.89 Cr (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹11.89 Cr ▼ 26%
Net loss · FY 2024
₹1.31 Cr margin -11%
EBITDA · FY 2024
-₹1.26 Cr margin -10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 13%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 22%
5 years · compounded
▼ 45%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 26% fall in the latest year. EBITDA fell 18% 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 |
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| EBITDA | -₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.31 Cr | ||||
| Balance Sheet | |||||
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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 | -10.6% | ||||
| Net Profit Margin | -11% | ||||
| 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 Elegant Business Solutions Private Limited, buy the company report.
Board of directors of Elegant Business Solutions Private Limited
Elegant Business Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetha Binu | Director | 11 Jun 2014 | 12 Years 4 Months | Current |
| Binu Thomas | Director | 11 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Elegant Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jupiter Software & Systems Private Limited | ₹11.92 Cr (FY 2025) | -3.0% | Jamshedpur, Jharkhand, India | |||
| FNLK Development Private Limited | ₹11.9 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| Solulever India Private Limited | ₹11.89 Cr (FY 2024) | 46.0% | Noida, Uttar Pradesh, India | |||
| Startech Software Private Limited | ₹11.89 Cr (FY 2025) | 28.0% | Bhopal, Madhya Pradesh, India | |||
| Confianz Information Technologies Private Limited | ₹11.89 Cr (FY 2024) | 51.0% | Thiruvananthapuram, Kerala, India | |||
| Elegant Business Solutions Private Limitedthis company | ₹11.89 Cr (FY 2024) | -₹1.31 Cr | -11% | -26.0% | New Delhi, Delhi, India | |
| Perscitus Solutions Private Limited | ₹11.87 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India | |||
| Qurhealth Solutions India Private Limited | ₹11.84 Cr (FY 2024) | -23.0% | Chennai, Tamil Nadu, India | |||
| Peterson Technology Partners (India) Private Limited | ₹11.84 Cr (FY 2024) | -1.0% | Ahmedabad, Gujarat, India | |||
| Nodding Heads Games Private Limited | ₹11.84 Cr (FY 2024) | 7.0% | Pune, Maharashtra, India | |||
| Precision Pyramid Private Limited | ₹11.8 Cr (FY 2025) | 20.0% | Delhi, India |
To see the full peer comparison of Elegant Business Solutions Private Limited, buy the company report.
Auditor
Elegant Business Solutions Private Limited is audited by RANGAMANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANGAMANI & CO. | FY 2023 | 226394 |
Shareholding
The shareholding of Elegant Business Solutions 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 Elegant Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.77 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2020 | 100409605 | Others | ₹1.32 Cr | Open | |
| 11 Jun 2018 | 100186322 | Yes Bank Limited | ₹45 Lakh | Open | |
| 30 Sep 2014 | 10581210 | Icici Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Elegant Business Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Elegant Business Solutions Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Total cases
4
Filed against the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S. Savex Technologies Pvt. Ltd. | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Tech Data Advanced Pvt Ltd Through Authorized Representative Mr Jaypaul Peter | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Iris Global Services Pvt Ltd | Pending |
To see the full case history of Elegant Business Solutions 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
Elegant Business Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 73 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Net-Asia Technologies Private Limited | |||
| K Computers | |||
| Sheeltron Digital Systems Private Limited | |||
| Solaris Computers P Ltd | |||
| Sunce Info Solution Private Limited |
To see the full MSME payment records of Elegant Business Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Elegant Business Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCE6870A1ZV | Delhi | Active | 01 Jul 2017 |
| 29AADCE6870A1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elegant Business Solutions Private Limited, buy the company report.
Recent activity
Elegant Business Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Binu Thomas was appointed as Director on 11 Jun 2014.
AGM
Elegant Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elegant Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 132.00 Lakh with Charge ID 100409605 was registered on 23 Dec 2020.
Charges
A charge with Yes Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100186322 was registered on 11 Jun 2018.
Charges
A charge registered on 30 Sep 2014 via Charge ID 10581210 with Icici Bank Limited was fully satisfied on 30 Nov 2017.
Charges
A charge with Icici Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 10581210 was registered on 30 Sep 2014.
Appointed
Binu Thomas was appointed as Director.
Appointed
Geetha Binu was appointed as Director.
Incorporation
11 Jun 2014
Elegant Business Solutions Private Limited was registered on 11 Jun 2014 with Roc Delhi & aged 12 years 4 months as per MCA records.
Frequently asked questions
Elegant Business Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 June 2014 (12+ years old) and is registered under CIN U72900DL2014PTC267965.
Elegant Business Solutions has 2 current directors:
- Geetha Binu - Director
- Binu Thomas - Director
The latest financial statements of Elegant Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elegant Business Solutions is 07AADCE6870A1ZV, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AADCE6870A1ZP (Karnataka).
The CIN (Corporate Identification Number) of Elegant Business Solutions is U72900DL2014PTC267965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Business Solutions has 4 court cases on record: 4 filed against it. 4 are pending.
Elegant Business Solutions was incorporated on 11 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Elegant Business Solutions by revenue are Jupiter Software & Systems Private Limited, FNLK Development Private Limited, Solulever India Private Limited, Startech Software Private Limited, Confianz Information Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Binu Thomas was appointed as Director on 11 Jun 2014. Geetha Binu was appointed as Director on 11 Jun 2014.
Yes, Elegant Business Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0005478).
Elegant Business Solutions has 6 MSME Form 1 returns on record between 2019 and 2023, listing 73 overdue payments to 12 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Elegant Business Solutions can be reached through the website ebsitindia.com. Its registered office is in New Delhi, Delhi, India.