Assure Elevators Private Limited
About Assure Elevators Private Limited
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Assure Elevators Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 27 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC124900. Its GSTIN is 33AARCA3548B1ZV (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mohamed Hanif and Pattinathar Kattuwa Mohamed Feroz Syed Ibrahim.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ashika Chambers No. 22 2nd Floor Chamiers Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.27 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹4.28 Lakh (net margin -9%) and EBITDA of -₹3.77 Lakh (EBITDA margin -8%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 137% over five years.
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- Registered AddressAshika Chambers No. 22 2nd Floor Chamiers Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
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Business Activity of Assure Elevators Private Limited
The main business activity of Assure Elevators is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Assure Elevators Private Limited FY 2024 filings available
Assure Elevators Private Limited reported revenue of ₹47.27 Lakh (down 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Assure Elevators Private Limited
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 137%. EBITDA fell 215% 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 Assure Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.28 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 Assure Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
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 Assure Elevators are in the company report.
Financial statements from FY 2019
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 Assure Elevators Private Limited
Assure Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avon Cranes Private Ltd. | ₹51.06 Lakh (FY 2018) | •••• | •••• | 351.0% | •••• | New Delhi, Delhi, India |
| Ziasun Engineering India Private Limited | ₹50.79 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Motrron Electricals Private Limited | ₹49.03 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Nashik, Maharashtra, India |
| Himenviro-Fuji Singapore Elevators Private Limited | ₹48.58 Lakh (FY 2023) | •••• | •••• | -45.0% | •••• | Delhi, India |
| Kropivnik Cableways Pvt Ltd | ₹47.68 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Chandigarh, India |
| Assure Elevators Private Limited this company | ₹47.27 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Chennai, Tamil Nadu, India |
| Sumahi Industries Private Limited | ₹47.2 Lakh (FY 2024) | •••• | •••• | •••• | Ballabgarh, Haryana, India | |
| Elegant Creations Private Limited | ₹46.64 Lakh (FY 2023) | •••• | •••• | -80.0% | •••• | Mumbai, Maharashtra, India |
| Kohinoor Elevators Private Limited | ₹45.67 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Fortune Lift and Escalator Private Limited | ₹45.34 Lakh (FY 2021) | •••• | •••• | 129.0% | •••• | Chennai, Tamil Nadu, India |
| Shalini Cranes and Equipments Private Limited | ₹45.19 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Assure Elevators by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Assure Elevators Private Limited
Assure Elevators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Hanif | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
| Pattinathar Kattuwa Mohamed Feroz Syed Ibrahim Also directs: Abdul Basit Syed Private Limited, Science Bazaar Private Limited | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Assure Elevators 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 Assure Elevators Private Limited
Assure Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Assure Elevators Private Limited
Employment history and EPFO contributions of people linked to Assure Elevators.
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 Assure Elevators Private Limited
Assure Elevators Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohamed Hanif was appointed as Director on 27 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Assure Elevators 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 Assure Elevators 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 Assure Elevators 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 Assure Elevators Private Limited
Assure Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA3548B1ZV | Tamil Nadu | Active | 23 Oct 2018 |
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 Assure Elevators 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 Assure Elevators Private Limited
Assure Elevators is an active private limited company based in Chennai, Tamil Nadu, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 27 September 2018 (8+ years old) and is registered under CIN U74999TN2018PTC124900.
Assure Elevators reported revenue of ₹47.27 Lakh for FY 2024 (down 43% YoY).
Assure Elevators has 2 current directors:
- Mohamed Hanif - Director
- Pattinathar Kattuwa Mohamed Feroz Syed Ibrahim - Director
Assure Elevators reported a net loss of ₹4.28 Lakh (net margin -9%) and EBITDA of -₹3.77 Lakh (EBITDA margin -8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Assure Elevators is 75% over three years and 137% over five years. In the latest year (FY 2024) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Assure Elevators is 33AARCA3548B1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Assure Elevators is U74999TN2018PTC124900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assure Elevators was incorporated on 27 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Assure Elevators by revenue are Avon Cranes Private Ltd, Ziasun Engineering India Private Limited, Motrron Electricals Private Limited, Himenviro-Fuji Singapore Elevators Private Limited, Kropivnik Cableways Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Mohamed Hanif was appointed as Director on 27 Sep 2018. Pattinathar Kattuwa Mohamed Feroz Syed Ibrahim was appointed as Director on 27 Sep 2018.
The registered office of Assure Elevators is at Ashika Chambers No. 22 2nd Floor Chamiers Road Alwarpet, Chennai, Tamil Nadu, India – 600018.