Sannidhi Elevators Private Limited
About Sannidhi Elevators Private Limited
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Sannidhi Elevators Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2016PTC095229. Its GSTIN is 29AAXCS3838A1ZX (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Solanki Prabhakar Rao and Kadam Ramesh Rao.
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 No. 673/2 Anjanappa Layout Hari Nagar Cross J.P Nagar 8th Phase, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.86 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹8.7 Lakh (net margin 3%) and EBITDA of ₹12.09 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 673/2 Anjanappa Layout Hari Nagar Cross J.P Nagar 8th Phase, Bangalore, Karnataka, India – 560062
- 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
- One PDF report, delivered after checkout
Business Activity of Sannidhi Elevators Private Limited
The main business activity of Sannidhi Elevators is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support 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 Sannidhi Elevators Private Limited FY 2025 filings available
Sannidhi Elevators Private Limited reported revenue of ₹2.86 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sannidhi Elevators Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 6% growth in the latest year. EBITDA rose 4% 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 Sannidhi 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 | ₹12.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.7 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 Sannidhi Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Sannidhi Elevators are in the company report.
Financial statements from FY 2017
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 Sannidhi Elevators Private Limited
Sannidhi 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 |
|---|---|---|---|---|---|---|
| Ramasa Cranes Private Limited | ₹2.96 Cr (FY 2024) | •••• | •••• | -61.0% | •••• | Pune, Maharashtra, India |
| Bhaavika Machine Tools Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ajmer, Rajasthan, India |
| Verticon Equipments Private Limited | ₹2.94 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Halcon Elevators Private Limited | ₹2.94 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Rve Technoprint Private Limited | ₹2.87 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Thane, Maharashtra, India |
| Sannidhi Elevators Private Limited this company | ₹2.86 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Hoysala Technologies India Private Limited | ₹2.86 Cr (FY 2017) | •••• | •••• | -51.0% | •••• | Bangalore, Karnataka, India |
| Lift Up Solutions India Private Limited | ₹2.86 Cr (FY 2021) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Aguatech Engineers Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| Anchor3g Lifts Private Limited | ₹2.84 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Impex Lift Private Limited | ₹2.84 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sannidhi 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.
Auditor Details of Sannidhi Elevators Private Limited
Sannidhi Elevators Private Limited is audited by G RAJU & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G RAJU & 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 Sannidhi Elevators Private Limited
Sannidhi Elevators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Solanki Prabhakar Rao | Director | 22 Jul 2016 | 10 Years 2 Months | Current |
| Kadam Ramesh Rao | Director | 22 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Sannidhi 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 Sannidhi Elevators Private Limited
Sannidhi Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sannidhi Elevators Private Limited
Employment history and EPFO contributions of people linked to Sannidhi 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 Sannidhi Elevators Private Limited
Sannidhi Elevators Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kadam Ramesh Rao was appointed as Director on 22 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Sannidhi 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 Sannidhi 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 Sannidhi 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 Sannidhi Elevators Private Limited
Sannidhi Elevators has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS3838A1ZX | Karnataka | Active | 01 Jul 2017 |
| 37AAXCS3838A1Z0 | Andhra Pradesh | Active | 12 Jul 2017 |
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 Sannidhi 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 Sannidhi Elevators Private Limited
Sannidhi Elevators is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 22 July 2016 (10+ years old) and is registered under CIN U29309KA2016PTC095229.
Sannidhi Elevators reported revenue of ₹2.86 Cr for FY 2024 (up 6% YoY).
Sannidhi Elevators has 2 current directors:
- Solanki Prabhakar Rao - Director
- Kadam Ramesh Rao - Director
Sannidhi Elevators reported a net profit of ₹8.7 Lakh (net margin 3%) and EBITDA of ₹12.09 Lakh (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sannidhi Elevators is 20% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sannidhi Elevators is 29AAXCS3838A1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAXCS3838A1Z0 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Sannidhi Elevators is U29309KA2016PTC095229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sannidhi Elevators was incorporated on 22 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sannidhi Elevators by revenue are Ramasa Cranes Private Limited, Bhaavika Machine Tools Private Limited, Verticon Equipments Private Limited, Halcon Elevators Private Limited, Rve Technoprint Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Kadam Ramesh Rao was appointed as Director on 22 Jul 2016. Solanki Prabhakar Rao was appointed as Director on 22 Jul 2016.
The registered office of Sannidhi Elevators is at No. 6732 Anjanappa Layout Hari Nagar Cross J.P Nagar 8th Phase, Bangalore, Karnataka, India – 560062.