About Shivangi Elevators Private Limited
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Shivangi Elevators Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC102696. Its GSTIN is 24ABACS4171N1Z5 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jignesh Babulal Solanki and Sumitra Jigneshkumar Solanki.
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 F No:102 Vastu Residancy Honey Park Road Near I.P Sawani School Adajan Surat City, Gujarat, India – 395009.
As per the financials filed for FY 2024, the company reported a revenue of ₹25,000. For the same year it recorded a net loss of ₹25,496 (net margin -102%) and EBITDA of -₹22,900 (EBITDA margin -91.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 56% over five years.
For more details, the company can be reached via its website sahastrakshi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF No:102 Vastu Residancy Honey Park Road Near I.P Sawani School Adajan Surat City, Gujarat, India – 395009
- 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 Shivangi Elevators Private Limited
The main business activity of Shivangi 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
Verified entity values are shown only after access is granted.
Financials of Shivangi Elevators Private Limited FY 2025 filings available
Shivangi Elevators Private Limited reported revenue of ₹25,000 for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shivangi Elevators Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years. EBITDA fell 6% 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 Shivangi 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 | -₹22,900 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25,496 | •••• | •••• | •••• | •••• |
| 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 Shivangi Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -91.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -102% | •••• | •••• | •••• | •••• |
| 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 Shivangi Elevators are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Shivangi Elevators Private Limited
Shivangi Elevators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Babulal Solanki | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
| Sumitra Jigneshkumar Solanki | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
Peer Comparison of Shivangi Elevators Private Limited
Shivangi 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 |
|---|---|---|---|---|---|---|
| Robocat Attachments and Equipments Private Limited | ₹30,000 (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Sanyo Engineering Private Limited | ₹29,400 (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Orison Elevators Private Limited | ₹28,000 (FY 2024) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| Sirius Gears Private Limited | ₹27,201 (FY 2021) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Motiwale Techno Ventures Private Limited | ₹26,695 (FY 2024) | •••• | •••• | 31.0% | •••• | Indore, Madhya Pradesh, India |
| Shivangi Elevators Private Limited this company | ₹25,000 (FY 2024) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Zyxel Logistics (India) Private Limited | ₹23,482 (FY 2018) | •••• | •••• | -85.0% | •••• | New Delhi, Delhi, India |
| Taikone Elevator India Private Limited | ₹22,750 (FY 2020) | •••• | •••• | •••• | Howrah, West Bengal, India | |
| Taiheiyo Promac Engineering Private Limited | ₹22,506 (FY 2021) | •••• | •••• | -26.0% | •••• | Bangalore, Karnataka, India |
| Superfine Translogistics Private Limited | ₹21,140 (FY 2020) | •••• | •••• | 1055.0% | •••• | New Delhi, Delhi, India |
| Holtzman International Ltd | ₹20,535 (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Shivangi 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.
Ownership and Shareholding of Shivangi 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 Shivangi Elevators Private Limited
Shivangi Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shivangi Elevators Private Limited
Employment history and EPFO contributions of people linked to Shivangi 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 Shivangi Elevators Private Limited
Shivangi Elevators Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jignesh Babulal Solanki was appointed as Director on 06 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Shivangi 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 Shivangi 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 Shivangi 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 Shivangi Elevators Private Limited
Shivangi Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABACS4171N1Z5 | Gujarat | Active | 06 Sep 2018 |
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 Shivangi 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 Shivangi Elevators Private Limited
Shivangi Elevators is an active private limited company based in Surat, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 06 June 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC102696.
Shivangi Elevators reported revenue of ₹25,000 for FY 2024.
Shivangi Elevators has 2 current directors:
- Jignesh Babulal Solanki - Director
- Sumitra Jigneshkumar Solanki - Director
Shivangi Elevators reported a net loss of ₹25,496 (net margin -102%) and EBITDA of -₹22,900 (EBITDA margin -91.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shivangi Elevators is -42% over three years and -56% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shivangi Elevators is 24ABACS4171N1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Shivangi Elevators is U74999GJ2018PTC102696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivangi Elevators was incorporated on 06 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shivangi Elevators by revenue are Robocat Attachments and Equipments Private Limited, Sanyo Engineering Private Limited, Orison Elevators Private Limited, Sirius Gears Private Limited, Motiwale Techno Ventures Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Jignesh Babulal Solanki was appointed as Director on 06 Jun 2018. Sumitra Jigneshkumar Solanki was appointed as Director on 06 Jun 2018.
Shivangi Elevators can be reached through the website sahastrakshi.com. Its registered office is in Surat, Gujarat, India.