Elevate IT Services Private Limited
About Elevate IT Services Private Limited
Data last updated:
Elevate IT Services Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 January 2012.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2012PTC229701.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.63 Lakh. It is led by directors including Arun Kumar Garg and Ajay Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 216(72B) Lane No.12 East Azad Nagar Krishna Nagar, Delhi, India – 110051.
Court records list 1 case involving the company, including 1 filed against it.
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- Registered Address216(72B) Lane No.12 East Azad Nagar Krishna Nagar, Delhi, India – 110051
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
- 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 Elevate IT Services Private Limited
The main business activity of Elevate IT Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Elevate IT Services Private Limited FY 2016 filings available
Elevate IT Services Private Limited reported revenue of ₹5,760 (up 70% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Elevate IT Services Private Limited
Revenue rose 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Elevate IT Services Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹5,760 | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 Elevate IT Services Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 Elevate IT Services are in the company report.
Financial statements from 2015
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.
Auditor Details of Elevate IT Services Private Limited
Elevate IT Services Private Limited is audited by GOEL GARG & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOEL GARG & CO | 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 Elevate IT Services Private Limited
Elevate IT Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Liam Jerry Michael Brown | Additional Director | 08 Feb 2012 | 14 Years 8 Months | As last reported |
| Arun Kumar Garg | Director | 07 Jun 2014 | 12 Years 4 Months | As last reported |
| Ajay Agrawal Also directs: Sirion Labs Private Limited | Director | 03 Jun 2014 | 12 Years 4 Months | As last reported |
Ownership and Shareholding of Elevate IT Services 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 Elevate IT Services Private Limited
Elevate IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Elevate IT Services Private Limited
Elevate IT Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Elevate IT Services Private Limited
Employment history and EPFO contributions of people linked to Elevate IT Services.
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 Elevate IT Services Private Limited
Elevate IT Services Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Ajay Agrawal ceased to be Additional Director on 30 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Elevate IT Services 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 Elevate IT Services 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 Elevate IT Services 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 Elevate IT Services Private Limited
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 Elevate IT Services 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 Elevate IT Services Private Limited
Elevate IT Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Elevate IT Services is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 January 2012 and is registered under CIN U72900DL2012PTC229701. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Elevate IT Services has 3 current directors:
- Liam Jerry Michael Brown - Additional Director
- Arun Kumar Garg - Director
- Ajay Agrawal - Director
The CIN (Corporate Identification Number) of Elevate IT Services is U72900DL2012PTC229701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elevate IT Services has 1 court case on record: 1 filed against it.
Elevate IT Services was incorporated on 06 January 2012. It is registered with the Registrar of Companies, Delhi.
Ajay Agrawal ceased to be Additional Director on 30 Sep 2014. Madhvi Ahuja ceased to be Director on 09 Jun 2014. Arun Kumar Garg was appointed as Director on 07 Jun 2014. Elevate IT Services has 7 board changes on record in total.
The registered office of Elevate IT Services is at 21672B Lane No.12 East Azad Nagar Krishna Nagar, Delhi, India – 110051.
Elevate IT Services has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.63 Lakh.
Elevate IT Services operates in the information technology industry, in the IT consulting and support services segment.