
Fittech Elevators Private Limited
About Fittech Elevators Private Limited
Data last updated:
Fittech Elevators Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 28 February 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29309PB2022PTC055331.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suraj Verma and Chamkaur Singh.
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 Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.52 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹66,106 (net margin 0.8%) and EBITDA of ₹1.45 Lakh (EBITDA margin 1.8%).
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Recognitions & Rankings of Fittech Elevators
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2690 – 1, Ajit Nagar, Ludhiana, Punjab, India – 141008
- IndustryElectrnoics, Home Appliance, Manufacturing
- 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
The main business activity of Fittech Elevators is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction 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
Financials of Fittech Elevators Private Limited
FY 2025 filings availableFittech Elevators Private Limited reported revenue of ₹78.52 Lakh (up 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 74% in the latest year. EBITDA rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹1.45 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹66,106 | |
| 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
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.8% | |
| Net Profit Margin | 0.8% | |
| 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, and every line for FY 2021-22 to FY 2022-23, 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 Fittech Elevators are in the company report.
: available in the company report
Board of Directors of Fittech Elevators Private Limited
Fittech Elevators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Verma | Director | 28 Feb 2022 | 4 Years 7 Months | Current |
| Chamkaur Singh | Director | 28 Feb 2022 | 4 Years 7 Months | Current |
Peer Comparison
Fittech Elevators Private Limited is compared with the companies closest to it by revenue in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Luxus Interiors and Infra Private Limited | ₹78.74 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Sanathnagar, Telangana, India |
| Adroit Railsystems Private Limited | ₹78.71 Lakh (FY 2022) | •••• | •••• | 106.0% | •••• | Indore, Madhya Pradesh, India |
| October Constructions Private Limited | ₹78.63 Lakh (FY 2022) | •••• | •••• | 167.0% | •••• | Arrah, Bihar, India |
| Markmen Multiventures Private Limited | ₹78.58 Lakh (FY 2019) | •••• | •••• | •••• | Navi Mumbai Thane, Maharashtra, India | |
| Shreeja Infratech Private Limited | ₹78.53 Lakh (FY 2024) | •••• | •••• | 189.0% | •••• | Delhi, India |
| Fittech Elevators Private Limited this company | ₹78.52 Lakh (FY 2024) | •••• | •••• | 74.0% | •••• | Ludhiana, Punjab, India |
| Worldwide Asp India Private Limited | ₹78.5 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Uday Contractors Private Limited | ₹78.5 Lakh (FY 2022) | •••• | •••• | -53.0% | •••• | Hyderabad, Telangana, India |
| Snutttam Construction Private Limited | ₹78.46 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Bihar, India |
| Taisei Oncho India Private Limited | ₹78.3 Lakh (FY 2022) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Creative Structures Engineering Private Limited | ₹78.29 Lakh (FY 2018) | •••• | •••• | 85.0% | •••• | Nanded, Maharashtra, India |
Peers are the companies nearest to Fittech Elevators by revenue, above and below it, in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Fittech Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Fittech Elevators Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Kotak Mahindra Prime Ltd Rep by Santhoshkumar | Pending |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by Ashoka Group of Colleges | Pending |
: available in the company report
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
Employment history and EPFO contributions of people linked to Fittech Elevators.
: available in the company report
Recent Activity
Fittech Elevators Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Chamkaur Singh was appointed as Director on 28 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Fittech Elevators is an active private limited company based in Ludhiana, Punjab, India. The company works in home appliance, within the electronics industry. It was incorporated on 28 February 2022 (4+ years old) and is registered under CIN U29309PB2022PTC055331.
Fittech Elevators has 2 current directors:
- Suraj Verma - Director
- Chamkaur Singh - Director
The latest financial statements of Fittech Elevators on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Fittech Elevators is U29309PB2022PTC055331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fittech Elevators has 3 court cases on record: 3 filed against it. 3 are pending.
Fittech Elevators was incorporated on 28 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Fittech Elevators by revenue are Luxus Interiors and Infra Private Limited, Adroit Railsystems Private Limited, October Constructions Private Limited, Markmen Multiventures Private Limited, Shreeja Infratech Private Limited and 5 more, all in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Chamkaur Singh was appointed as Director on 28 Feb 2022. Suraj Verma was appointed as Director on 28 Feb 2022.
Yes, Fittech Elevators is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Fittech Elevators is at 2690 – 1, Ajit Nagar, Ludhiana, Punjab, India – 141008.
Fittech Elevators operates in the electronics industry, in the home appliance segment.