Open Elite Developers Limited Company Logo

Open Elite Developers Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2000.

2000 | Mumbai, Maharashtra, India | Active
Last Updated:

About Open Elite Developers Limited

Open Elite Developers Limited, a active public limited company, was established on 17 August 2000 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U68200MH2000PLC128301. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,000.20 Cr and a paid-up capital of ₹535.47 Cr.

Formerly known as Reliance Gilts Limited, Open Elite Developers Limited. It upholds a compliant status. Employing 270 professional, Its leadership includes Bhaviika Bharatkumar Jain (Director), Rahul Arun Bagaria (Director), Amit K Dangi (Director). Past directors included Sushilkumar Agrawal, Deena Asit Mehta, Hari Sethumadhavan Nair. It holds ₹1,780.05 Cr open charges and ₹13,605.66 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at The Ruby, 11Th Floor, North-West Wing, Plot No. 29,, Senapati Bapat Marg, Dadar (West), Mumba, Mumbai, Maharashtra, 400028.

Company Details

  • CIN/LLPIN

    U68200MH2000PLC128301

  • Registration Number

    128301

  • Incorporation Date

    17 August 2000

  • Authorized Capital

    ₹1,000.20 Cr

  • Paid-Up Capital

    ₹535.47 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1,000.20 Cr
  • Paid Up Capital ₹ 535.47 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,780.05 Cr
  • Satisfied Charges ₹ 13,605.66 Cr
  • Revenue Growth -16.08%
  • Profit Growth 157.12%
  • Ebitda 172.20%
  • Net Worth 69.86%
  • Total Assets 54.88%
Company report

Open Elite Developers Limited

Company Report FY 2025-2026

Explore comprehensive insights into Open Elite Developers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Open Elite Developers Limited?

Current Directors

NameDesignationAppointment DateStatus
Bhaviika Bharatkumar JainDirector09 Jan 2023Current
Rahul Arun BagariaDirector05 Nov 2022Current
Amit K DangiDirector14 Oct 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector30 Apr 2019Past
Pramod AbcsddDirector15 Dec 2010Past
Pramod AbcsddWhole-Time Director24 Jan 2020Past
Pramod AbcsddAdditional Director31 Mar 2023Past
Pramod AbcsddDirector26 Feb 2018Past

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Financial Performance of Open Elite Developers.

Reliance Commercial Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.08% decrease. The company also saw a substantial improvement in profitability, with a 157.12% increase in profit. The company's net worth Soared by an impressive increase of 69.86%.

Open Elite Developers revenue growth over time
Open Elite Developers profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-16.08%
Revenue from Operations
-16.05%
Total Assets
54.88%
Profit or Loss
157.12%
Net Worth
69.86%
EBITDA
172.20%

What is the Ownership and Shareholding Structure of Open Elite Developers?

In 2023, Open Elite Developers had a promoter holding of 100.00%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹17,800,453,513.00

Satisfied Charges

₹136,056,640,860.87

Charges Breakdown by Lending Institutions

  • Others : 1780.05 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2022Others₹250.00 CrOpen
18 Jun 2018Others₹732.02 CrOpen
23 Feb 2018Others₹398.03 CrOpen
03 May 2017Others₹100.00 CrOpen
31 Mar 2017Others₹300.00 CrOpen

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How Many Employees Work at Open Elite Developers?

Unlock and access historical data on people associated with Open Elite Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Open Elite Developers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Open Elite Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Open Elite Developers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Open Elite Developers

Recent Activity within the Organization

  • Director Appointment

    The activity Dipyanti Ajaykumar Jaiswar was appointed as a Company Secretary was appointed as a Company Secretary on 25 Sep 2025 & has been associated with this company since 2 months 21 days . was completed.

  • Charges

    The activity A charge registered on 27 Apr 2018 via Charge ID 100224806 with Others was fully satisfied on 04 Jan 2025. was completed.

  • Charges

    The activity A charge registered on 28 Jul 2017 via Charge ID 100116566 with State Bank Of India was fully satisfied on 09 Dec 2024. was completed.

  • Charges

    Progress on A charge registered on 28 Jul 2017 via Charge ID 100116571 with State Bank Of India was fully satisfied on 09 Dec 2024. was documented.

  • Charges

    A charge registered on 16 Jun 2017 via Charge ID 100108286 with Bank Of India was fully satisfied on 03 Dec 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 16 Jun 2017 via Charge ID 100107460 with Bank Of India was fully satisfied on 03 Dec 2024. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Open Elite Developers Limited?

    The CIN of Open Elite Developers Limited is U68200MH2000PLC128301.

  • Where is Open Elite Developers Limited headquartered?

    Open Elite Developers Limited is headquartered at The Ruby, 11Th Floor, North-West Wing, Plot No. 29,, Senapati Bapat Marg, Dadar (West), Mumba, Mumbai, Maharashtra, 400028.

  • When was Open Elite Developers Limited incorporated?

    Open Elite Developers Limited was incorporated on 17 August 2000.

  • Who are the current directors of Open Elite Developers Limited?

    The current directors of Open Elite Developers Limited are

  • What is the primary industry of Open Elite Developers Limited?

    The primary industry of Open Elite Developers Limited is Financial And Insurance Service.

  • Is Open Elite Developers Limited a listed company?

    Open Elite Developers Limited is unlisted.

  • What is the capital structure of Open Elite Developers Limited?

    The authorized capital of Open Elite Developers Limited is ₹1,000.20 Cr, and the paid-up capital is ₹535.47 Cr.

  • What is the compliance status of Open Elite Developers Limited?

    The compliance status of Open Elite Developers Limited is Compliant.

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