Tech Elante Private Limited
About Tech Elante Private Limited
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Tech Elante Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2017PTC045994. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kusum Singla and Rajnish Kumar Singla.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 61 Maya Nagar Civil Lines, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.14 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.75 Lakh (net margin -1.5%) and EBITDA of ₹4.82 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Registered Address61 Maya Nagar Civil Lines, Ludhiana, Punjab, India – 141001
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
Business Activity of Tech Elante Private Limited
The main business activity of Tech Elante is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tech Elante Private Limited FY 2021 filings available
Tech Elante Private Limited reported revenue of ₹1.14 Cr (down 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Tech Elante Private Limited
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 68%. EBITDA fell 39% 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 of Tech Elante Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.75 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 of Tech Elante Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 Tech Elante are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Tech Elante Private Limited
Tech Elante Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JML Enterprises Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Ahiraulia Agro Energy Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Muzaffarpur, Bihar, India |
| Redwing Pharma Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Milage Vanijya Pvt Ltd | ₹1.14 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Patna, Bihar, India |
| Maha Bharati Foot Wear India Private Limited | ₹1.14 Cr (FY 2018) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Tech Elante Private Limited this company | ₹1.14 Cr (FY 2021) | •••• | •••• | -23.0% | •••• | Ludhiana, Punjab, India |
| Balaji Foods Hub Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Sanatan Trademart Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bareilly, Uttar Pradesh, India |
| Lovely Intermediate Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Haryana, India |
| Alexa Medicare Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Hari Prasad Vyapar Private Limited | ₹1.14 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below Tech Elante by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tech Elante Private Limited
Tech Elante Private Limited is audited by R P M G AND ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R P M G AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tech Elante Private Limited
Tech Elante has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Singla | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
| Rajnish Kumar Singla | Director | 03 Jan 2017 | 9 Years 9 Months | Current |
Ownership and Shareholding of Tech Elante 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 Tech Elante Private Limited
Tech Elante Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tech Elante Private Limited
Employment history and EPFO contributions of people linked to Tech Elante.
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.
Recent Activity on Tech Elante Private Limited
Tech Elante Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Kusum Singla ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Tech Elante 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 Tech Elante 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 Tech Elante 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 Tech Elante Private Limited
Tech Elante has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Tech Elante 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 Tech Elante Private Limited
Tech Elante is an active private limited company based in Ludhiana, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 January 2017 (9+ years old) and is registered under CIN U51909PB2017PTC045994.
Tech Elante reported revenue of ₹1.14 Cr for FY 2021 (down 23% YoY).
Tech Elante has 2 current directors:
- Kusum Singla - Director
- Rajnish Kumar Singla - Director
Tech Elante reported a net loss of ₹1.75 Lakh (net margin -1.5%) and EBITDA of ₹4.82 Lakh (EBITDA margin 4.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tech Elante is 68% over three years. In the latest year (FY 2021) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
No. Tech Elante has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tech Elante is U51909PB2017PTC045994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Elante was incorporated on 03 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Tech Elante by revenue are JML Enterprises Private Limited, Ahiraulia Agro Energy Private Limited, Redwing Pharma Private Limited, Milage Vanijya Pvt Ltd, Maha Bharati Foot Wear India Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Kusum Singla ceased to be Additional Director on 31 Dec 2020. Gourish Singla ceased to be Director on 13 Mar 2020. Kusum Singla was appointed as Director on 12 Mar 2020. Tech Elante has 4 board changes on record in total.
Yes, Tech Elante is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).