About Ariel Elevators Private Limited
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Ariel Elevators Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2017PTC172301. Its GSTIN is 27AAPCA9825P1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Navnat Ganpat Jagtap and Sujata Navnath Jagtap.
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 S. No.11 Harshada Housing Soc. Flat No. B – 5 Sukhsagar Nagar Katraj, Pune, Maharashtra, India – 411046.
As per the financials filed for FY 2021, the company reported a revenue of ₹62.95 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹5,984 (net margin 0.1%) and EBITDA of ₹31,701 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arielelevators.com.
Company details
Contact details
Ariel Elevators Private Limited's registered office is in Pune, Maharashtra. Its website is arielelevators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No.11 Harshada Housing Soc. Flat No. B – 5 Sukhsagar Nagar Katraj, Pune, Maharashtra, India – 411046
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Ariel Elevators 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 Ariel Elevators is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Ariel Elevators Private Limited, buy the company report.
Financials of Ariel Elevators Private Limited
FY 2021 filings availableAriel Elevators Private Limited reported revenue of ₹62.95 Lakh (down 17% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 101% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹31,701 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5,984 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ariel Elevators Private Limited, buy the company report.
Board of directors of Ariel Elevators Private Limited
Ariel Elevators has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnat Ganpat Jagtap | Director | 31 Aug 2017 | 9 Years 2 Months | Current |
| Sujata Navnath Jagtap | Director | 02 Oct 2018 | 8 Years 1 Months | Current |
Auditor
Ariel Elevators Private Limited is audited by YUVRAJ DESHMUKH AND COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YUVRAJ DESHMUKH AND COMPANY | FY 2019 | 136223W |
Shareholding
The shareholding of Ariel Elevators Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ariel Elevators Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ariel Elevators Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ariel Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ariel Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA9825P1ZP | Maharashtra | Active | 26 Oct 2017 |
To see the full GST registrations and return filing status of Ariel Elevators Private Limited, buy the company report.
Recent activity
Ariel Elevators Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Subhash Shivaji Veer ceased to be Additional Director on 30 Jul 2025.
Frequently asked questions
Ariel Elevators is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 31 August 2017 (9+ years old) and is registered under CIN U29309PN2017PTC172301.
Ariel Elevators has 2 current directors:
- Navnat Ganpat Jagtap - Director
- Sujata Navnath Jagtap - Director
The latest financial statements of Ariel Elevators on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Ariel Elevators is 27AAPCA9825P1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ariel Elevators is U29309PN2017PTC172301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ariel Elevators was incorporated on 31 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Subhash Shivaji Veer ceased to be Additional Director on 30 Jul 2025. Ishwari Nitin Gaikwad ceased to be Director on 25 Apr 2021. Sharvesha Pravin Gaikwad ceased to be Director on 25 Apr 2021. Ariel Elevators has 8 board changes on record in total.
Ariel Elevators can be reached through the website arielelevators.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ariel Elevators is at S. No.11 Harshada Housing Soc. Flat No. B – 5 Sukhsagar Nagar Katraj, Pune, Maharashtra, India – 411046.
Ariel Elevators operates in the machinery and equipment industry, in the material handling and storage equipment segment.
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