Elegant Capitals Private Limited
About Elegant Capitals Private Limited
Data last updated:
Elegant Capitals Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 March 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC087060. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹99 Lakh. It was led by directors Rajesh Kumar Bhutara and Sachinkumar Ratilal Shah.
Its last annual general meeting (AGM) was held on 24 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 47 – A Floor – 3rd Plot – 308 Hanuman Building Perin Nariman Street Fort Market Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.7 Lakh (net margin -0.9%) and EBITDA of ₹1.24 Cr (EBITDA margin 6.8%).
Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 1 case is pending.
Company details
Contact details
Elegant Capitals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address47 – A Floor – 3rd Plot – 308 Hanuman Building Perin Nariman Street Fort Market Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Elegant Capitals 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
Business activity
The main business activity of Elegant Capitals is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Elegant Capitals Private Limited, buy the company report.
Financials of Elegant Capitals Private Limited
FY 2017 filings availableElegant Capitals Private Limited reported revenue of ₹18.4 Cr (up 322% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 322% in the latest year. EBITDA fell 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹18.4 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.24 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹15.7 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.8% | ||
| Net Profit Margin | -0.9% | ||
| 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 | |||
To see the full financial statements and ratios of Elegant Capitals Private Limited, buy the company report.
Board of directors of Elegant Capitals Private Limited
Elegant Capitals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Bhutara Also directs: Ar Digital Wealth Private Limited, Freedom Wealth Solutions Private Limited, Anand Rathi Fme (Ifsc) Private Limited and 1 more | Director | 19 May 2008 | 18 Years 5 Months | As last reported |
| Sachinkumar Ratilal Shah | Director | 04 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Elegant Capitals Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramsisaria Builders Limited | ₹18.52 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Janki Textile and Industries Private Limited | ₹18.5 Cr (FY 2024) | 10.0% | Kolkata, West Bengal, India | |||
| Perfect Homfin Private Limited | ₹18.41 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Elegant Capitals Private Limitedthis company | ₹18.4 Cr (FY 2017) | -₹15.7 Lakh | -0.9% | 322.0% | Mumbai, Maharashtra, India | |
| Shivalik Securities Private Limited | ₹18.39 Cr (FY 2025) | 43.0% | Ludhiana, Punjab, India | |||
| M3 Investment Private Limited | ₹18.27 Cr (FY 2018) | -71.0% | Vapi, Gujarat, India | |||
| Lopax Marketing Pvt Ltd | ₹18.27 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Art Special Situations Finance (India) Limited | ₹18.26 Cr (FY 2019) | 659.0% | New Delhi, Delhi, India |
To see the full peer comparison of Elegant Capitals Private Limited, buy the company report.
Auditor
Elegant Capitals Private Limited is audited by SHRAVAN GANDHI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRAVAN GANDHI & ASSOCIATES | FY 2017 | QWFR-14135/1 |
Shareholding
The shareholding of Elegant Capitals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Elegant Capitals Private Limited, buy the company report.
Legal cases
Elegant Capitals Private Limited has 14 court cases on record: 6 filed by Elegant Capitals, 8 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 1 |
| District courts | 5 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against Incable Net (Andhra) Ltd. | Pending |
| Bombay High Court | Court case (APP) | Filed against the company by Incablenet (Andhra) Ltd | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Incablenet (Andhra) Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Incable Net (Andhra) Ltd and Anr | Disposed |
| High Court, TELANGANA | Court case (CAPPEAL) | Filed against the company by Incable Net ( Andhra ) Limited, and 1 other | Disposed |
To see the full case history of Elegant Capitals 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 Elegant Capitals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elegant Capitals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Elegant Capitals Private Limited, buy the company report.
Recent activity
Elegant Capitals Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Sachinkumar Ratilal Shah ceased to be Additional Director on 24 Sep 2015.
Frequently asked questions
Elegant Capitals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Elegant Capitals was a private limited company based in Mumbai, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 31 March 1995 and is registered under CIN U67120MH1995PTC087060. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Elegant Capitals was incorporated on 31 March 1995. It is registered with the Registrar of Companies, Mumbai.
Elegant Capitals had 2 directors:
- Rajesh Kumar Bhutara - Director
- Sachinkumar Ratilal Shah - Director
The CIN (Corporate Identification Number) of Elegant Capitals is U67120MH1995PTC087060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Elegant Capitals is at 47 – A Floor – 3rd Plot – 308 Hanuman Building Perin Nariman Street Fort Market Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Elegant Capitals on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 24 September 2017. Year-wise statements from 2015 are in the company report.
No. Elegant Capitals has 1 GST registration on record and it is cancelled or inactive.
Elegant Capitals operated in the financial services industry, in the nbfc segment.
The peers of Elegant Capitals by revenue are Ramsisaria Builders Limited, Janki Textile and Industries Private Limited, Perfect Homfin Private Limited, Shivalik Securities Private Limited, M3 Investment Private Limited and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Elegant Capitals has 14 court cases on record: 6 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.