Startup India Government of India
Elevar Infotech Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.62 Cr
▲ 25% YoY
Net profit · FY 2025
₹1.53 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.57 Lakh
EBITDA margin 0.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
3
Provident fund records
Directors on board
4
As per MCA filings
About Elevar Infotech Private Limited
Data last updated:
Elevar Infotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 07 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC116263. Its GSTIN is 24AAGCE0697N1Z8 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Seema Vikram Bhojani and Nipa Bhojani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 605 Ratnakar Nine Square Opp. Keshavbaug Party Plot Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.62 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Lakh (net margin 0.4%) and EBITDA of ₹1.57 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company; 1 case is pending.
Elevar Infotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0122967). For more details, the company can be reached via its website elevarhq.com.
Company Details of Elevar Infotech Private Limited
CIN U72900GJ2020PTC116263
Registration Number 116263
Incorporation Date 07 September 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0122967
Recognitions & Rankings of Elevar Infotech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0122967
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 605 Ratnakar Nine Square Opp. Keshavbaug Party Plot Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
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Business Activity of Elevar Infotech Private Limited
The main business activity of Elevar Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Elevar Infotech Private Limited FY 2025 filings available
Elevar Infotech Private Limited reported revenue of ₹3.62 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹3.62 Cr ▲ 25%
Net profit · FY 2025
₹1.53 Lakh margin 0.4%
EBITDA · FY 2025
₹1.57 Lakh margin 0.4%
Compounded Annual Growth Rate (CAGR) of Elevar Infotech Private Limited
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▲ 179%
3 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 55% over three years, including 25% growth in the latest year. EBITDA rose 179% 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 Elevar Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.53 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 Elevar Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Elevar Infotech are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Elevar Infotech Private Limited
Elevar Infotech has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Vikram Bhojani | Director | 15 May 2021 | 5 Years 5 Months | Current |
| Nipa Bhojani | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
| Sapna Nihir Shah Also directs: Finqube Accounting Private Limited | Director | 07 Sep 2020 | 6 Years 1 Months | Current |
| Dhara Sudhirkumar Mehta | Director | 07 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of Elevar Infotech Private Limited
Elevar Infotech Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hemsworth Consulting Private Limited | ₹3.65 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Fibact Consulting and Compliance Services Private Limited | ₹3.65 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Bengaluru, Karnataka, India |
| Walnut Heights (India) Private Limited | ₹3.65 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Valufocus Corporate Services Private Limited | ₹3.65 Cr (FY 2022) | •••• | •••• | 36.0% | •••• | Bengaluru, Karnataka, India |
| KMS Advisory Services Private Limited | ₹3.64 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Elevar Infotech Private Limited this company | ₹3.62 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Techwine Consultancy Services Private Limited | ₹3.58 Cr (FY 2023) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Rapid Estates Private Limited | ₹3.57 Cr (FY 2021) | •••• | •••• | 164.0% | •••• | Mumbai, Maharashtra, India |
| Nirbhay Consultants Private Limited | ₹3.56 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| Mangal Capital Services Private Limited | ₹3.56 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Ripe Accountancy Services Private Limited | ₹3.53 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Elevar Infotech by revenue in the Outsourcing industry (Accounting and Financial Analysis), 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 Elevar Infotech Private Limited
Elevar Infotech Private Limited is audited by BDSD & CO. LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BDSD & CO. LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Elevar Infotech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Elevar Infotech Private Limited
Elevar Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Elevar Infotech Private Limited
Elevar Infotech Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Total cases
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Company is another party | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Elevar Infotech Private Limited
Elevar Infotech Private Limited has a workforce of 3 employees as of Apr 09, 2024.
Employee count
3
Active EPFO establishments
1
Employee growth
-40%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Elevar Infotech Private Limited
Elevar Infotech Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Nipa Bhojani ceased to be Additional Director on 20 Dec 2021.
AGM
Elevar Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elevar Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Nipa Bhojani ceased to be Additional Director.
Appointed
Nipa Bhojani was appointed as Director.
Appointed
Seema Vikram Bhojani was appointed as Director.
Appointed
Dhara Sudhirkumar Mehta was appointed as Director.
Appointed
Sapna Nihir Shah was appointed as Director.
Incorporation
07 Sep 2020
Elevar Infotech Private Limited was registered on 07 Sep 2020 with Roc Ahmedabad & aged 6 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Elevar Infotech Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Elevar Infotech Private Limited
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Subsidiaries & Group Companies of Elevar Infotech Private Limited
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Corporate group structure
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GST Compliance of Elevar Infotech Private Limited
Elevar Infotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCE0697N1Z8 | Gujarat | Active | 29 Jun 2021 |
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MCA Filings & Documents of Elevar Infotech Private Limited
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Frequently Asked Questions about Elevar Infotech Private Limited
Elevar Infotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 07 September 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC116263.
Elevar Infotech reported revenue of ₹3.62 Cr for FY 2025 (up 25% YoY).
Elevar Infotech has 4 current directors:
- Seema Vikram Bhojani - Director
- Nipa Bhojani - Director
- Sapna Nihir Shah - Director
- Dhara Sudhirkumar Mehta - Director
Elevar Infotech reported a net profit of ₹1.53 Lakh (net margin 0.4%) and EBITDA of ₹1.57 Lakh (EBITDA margin 0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elevar Infotech is 55% over three years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elevar Infotech is 24AAGCE0697N1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Elevar Infotech is U72900GJ2020PTC116263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elevar Infotech has 1 court case on record. 1 is pending.
Elevar Infotech was incorporated on 07 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elevar Infotech by revenue are Hemsworth Consulting Private Limited, Fibact Consulting and Compliance Services Private Limited, Walnut Heights (India) Private Limited, Valufocus Corporate Services Private Limited, KMS Advisory Services Private Limited and 5 more, all in the Outsourcing industry (Accounting and Financial Analysis).
Nipa Bhojani ceased to be Additional Director on 20 Dec 2021. Nipa Bhojani was appointed as Director on 07 Jun 2021. Seema Vikram Bhojani was appointed as Director on 15 May 2021. Elevar Infotech has 5 board changes on record in total.