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Kiel Elevators Private Limited
Kiel Elevators Private Limited - electrical in Baddi, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.5 Lakh
▲ 22% YoY
Net loss · FY 2024
₹17.27 Lakh
Net margin -58.5%
EBITDA · FY 2024
-₹17.08 Lakh
EBITDA margin -57.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Kiel Elevators Private Limited
Data last updated:
Kiel Elevators Private Limited is a private limited company based in Baddi, Himachal Pradesh, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U31909HP2020PTC008178. Its GSTIN is 02AAICK4087A1ZX (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akash Singh and Vinod Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Dharam Pal Shop No.2 Near Hpsidc Extension Bilanwali P.O.Baddi Teh. Baddi, Himachal Pradesh, India – 173205.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.5 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹17.27 Lakh (net margin -58.5%) and EBITDA of -₹17.08 Lakh (EBITDA margin -57.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
Court records list 9 cases involving the company, including 9 filed against it; 8 cases are pending.
Kiel Elevators Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0009196).
Company details
CIN U31909HP2020PTC008178
Registration Number 008178
Incorporation Date 29 October 2020
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-HP-11-0009196
Key People
Akash Singh Director Vinod Kumar Singh Director Recognitions & Rankings of Kiel Elevators
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-HP-11-0009196
Contact details
Kiel Elevators Private Limited's registered office is in Baddi, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Dharam Pal Shop No.2 Near Hpsidc Extension Bilanwali P.O.Baddi Teh. Baddi, Himachal Pradesh, India – 173205
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Kiel Elevators Private Limited, buy the company report.
Comprehensive company report
Kiel Elevators Private Limited - one report that includes everything
- 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
The main business activity of Kiel Elevators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kiel Elevators Private Limited, buy the company report.
Financials of Kiel Elevators Private Limited
FY 2024 filings availableKiel Elevators Private Limited reported revenue of ₹29.5 Lakh (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹29.5 Lakh ▲ 22%
Net loss · FY 2024
₹17.27 Lakh margin -58.5%
EBITDA · FY 2024
-₹17.08 Lakh margin -57.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 150%
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 22% growth in the latest year. EBITDA rose 28% 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 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 | -₹17.08 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17.27 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -57.9% | |||
| Net Profit Margin | -58.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Kiel Elevators Private Limited, buy the company report.
Board of directors of Kiel Elevators Private Limited
Kiel Elevators has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Singh | Director | 29 Oct 2020 | 6 Years 0 Months | Current |
| Vinod Kumar Singh | Director | 29 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Kiel Elevators Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mafteck Electronics and Appliances Private Limited | ₹29.64 Lakh (FY 2023) | Kundli, Haryana, India | ||||
| East Alpha Alliance Technology Private Limited | ₹29.63 Lakh (FY 2019) | 23754.0% | Noida, Uttar Pradesh, India | |||
| Murali Machine Works Limited | ₹29.58 Lakh (FY 2024) | -39.0% | Chennai, Tamil Nadu, India | |||
| Aashna Electronics Private Limited | ₹29.58 Lakh (FY 2022) | -13.0% | Ahmedabad, Gujarat, India | |||
| Syntel Elevator and Escalator Company Private Limited | ₹29.56 Lakh (FY 2024) | -16.0% | Jaipur, Rajasthan, India | |||
| Kiel Elevators Private Limitedthis company | ₹29.5 Lakh (FY 2024) | -₹17.27 Lakh | -58.5% | 22.0% | Baddi, Himachal Pradesh, India | |
| Qlife Water Solutions India Private Limited | ₹29.47 Lakh (FY 2023) | Palsana, Gujarat, India | ||||
| Gipitronix Pvt Ltd | ₹29.47 Lakh (FY 2025) | 22.0% | Vadodara, Gujarat, India | |||
| Mahalaxmi Investment and Trading Pvt Ltd | ₹29.46 Lakh (FY 2024) | -63.0% | Madhya Pradesh, India | |||
| Polycrafts Tech Private Limited | ₹29.45 Lakh (FY 2025) | 160.0% | Pune, Maharashtra, India | |||
| Airview Robotics Private Limited | ₹29.4 Lakh (FY 2025) | -4.0% | Jayankondam, Tamil Nadu, India |
To see the full peer comparison of Kiel Elevators Private Limited, buy the company report.
Auditor
Kiel Elevators Private Limited is audited by B R G H T AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R G H T AND CO | FY 2022 | 036737N |
Shareholding
The shareholding of Kiel Elevators Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kiel Elevators Private Limited, buy the company report.
Legal cases
Kiel Elevators Private Limited has 9 court cases on record: 9 filed against it. 8 cases are pending and 1 is disposed.
Total cases
9
Filed against the company
9
Pending
8
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 8 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Civil suit | Filed against the company by an individual | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by M/S Hotel Lime Tree | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Kiel Elevators Private Limited, buy 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kiel Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kiel Elevators has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAICK4087A1ZX | Himachal Pradesh | Active | 17 Nov 2020 |
To see the full GST registrations and return filing status of Kiel Elevators Private Limited, buy the company report.
Recent activity
Kiel Elevators Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Akash Singh was appointed as Director on 29 Oct 2020.
AGM
Kiel Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kiel Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.
Appointed
Akash Singh was appointed as Director.
Appointed
Vinod Kumar Singh was appointed as Director.
Incorporation
29 Oct 2020
Kiel Elevators Private Limited was registered on 29 Oct 2020 with Roc Himachal Pradesh & aged 6 years 7 days as per MCA records.
Frequently asked questions
Kiel Elevators is an active private limited company based in Baddi, Himachal Pradesh, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U31909HP2020PTC008178.
Kiel Elevators has 2 current directors:
- Akash Singh - Director
- Vinod Kumar Singh - Director
The latest financial statements of Kiel Elevators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Kiel Elevators is 02AAICK4087A1ZX, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kiel Elevators is U31909HP2020PTC008178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kiel Elevators has 9 court cases on record: 9 filed against it. 8 are pending.
Kiel Elevators was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Kiel Elevators by revenue are Mafteck Electronics and Appliances Private Limited, East Alpha Alliance Technology Private Limited, Murali Machine Works Limited, Aashna Electronics Private Limited, Syntel Elevator and Escalator Company Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Akash Singh was appointed as Director on 29 Oct 2020. Vinod Kumar Singh was appointed as Director on 29 Oct 2020.
Yes, Kiel Elevators is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kiel Elevators is registered as a micro enterprise under Udyam registration (number: UDYAM-HP-11-0009196).
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