About Arise Elevators Private Limited
Data last updated:
Arise Elevators Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 10 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29150GJ2009PTC057745. Its GSTIN is 24AAHCA8925C1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Axis Elevators Private Limited. It is led by directors Minaxi Mukeshkumar Patel and Mukeshbhai Shankarlal Patel.
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 B – 301 Ugati Elegance Science City Road, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.05 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Lakh (net margin 2.8%) and EBITDA of ₹3.12 Lakh (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.14 Lakh and satisfied charges of ₹8.23 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axiselevators.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 301 Ugati Elegance Science City Road, Ahmedabad, Gujarat, India – 380060
- 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 Arise Elevators Private Limited
The main business activity of Arise Elevators is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Arise Elevators Private Limited FY 2025 filings available
Arise Elevators Private Limited reported revenue of ₹56.05 Lakh (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Arise Elevators Private Limited
Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 21% 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 Arise Elevators Private Limited
| Metrics | FY 2024-25 | 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 | ₹3.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.54 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 Arise Elevators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 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 Arise Elevators 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.
Peer Comparison of Arise Elevators Private Limited
Arise Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grand Power Solutions Private Limited | ₹56.69 Lakh (FY 2021) | •••• | •••• | 67.0% | •••• | Ernakulam, Kerala, India |
| Plicare Material Handling Pvt Ltd | ₹56.51 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Syndicate Bearings Private Limited | ₹56.5 Lakh (FY 2021) | •••• | •••• | -48.0% | •••• | Changodar, Gujarat, India |
| Ifa Machine and Equipment Private Limited | ₹56.44 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Delhi, India |
| Hje Tech India Private Limited | ₹56.14 Lakh (FY 2024) | •••• | •••• | -80.0% | •••• | Noida, Uttar Pradesh, India |
| Arise Elevators Private Limited this company | ₹56.05 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Ahmedabad, Gujarat, India |
| Sagar Overseas Private Limited | ₹55.92 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Alphabetics Private Limited | ₹55.89 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Unikversal Private Limited | ₹55.7 Lakh (FY 2025) | •••• | •••• | 79.0% | •••• | New Delhi, Delhi, India |
| Allzmart Network Private Limited | ₹55.42 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Zoomer Impex Private Limited | ₹55.31 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Arise Elevators by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Arise Elevators Private Limited
Arise Elevators Private Limited is audited by H R PATEL AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H R PATEL AND ASSOCIATES | 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 Arise Elevators Private Limited
Arise Elevators has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minaxi Mukeshkumar Patel | Director | 10 Aug 2009 | 17 Years 2 Months | Current |
| Mukeshbhai Shankarlal Patel | Director | 10 Aug 2009 | 17 Years 2 Months | Current |
Ownership and Shareholding of Arise 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 Arise Elevators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2023 | Hdfc Bank Limited | ₹7.14 Lakh | Open |
| 12 Oct 2012 | Punjab National Bank | ₹3 Lakh | Satisfied |
| 06 Aug 2012 | Punjab National Bank | ₹5.23 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Arise Elevators Private Limited
Arise Elevators Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
Full case history
All 3 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 Arise Elevators Private Limited
Arise Elevators Private Limited has a workforce of 7 employees as of Apr 07, 2024.
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.
Name History of Arise Elevators Private Limited
Arise Elevators has undergone 2 name changes throughout its history. The company was previously known as Axis Elevators Private Limited, and Arise Elevators Private Limited. The current legal name is Arise Elevators Private Limited.
| Company Name | Status |
|---|---|
| Arise Elevators Private Limited | Current |
| Axis Elevators Private Limited | Previous |
Recent Activity on Arise Elevators Private Limited
Arise Elevators Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Kamleshbhai Gordhanbhai Patel ceased to be Director on 19 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Arise 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 Arise 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 Arise 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 Arise Elevators Private Limited
Arise Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCA8925C1ZV | Gujarat | Active | 01 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 Arise 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 Arise Elevators Private Limited
Arise Elevators is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 10 August 2009 (17+ years old) and is registered under CIN U29150GJ2009PTC057745.
Arise Elevators reported revenue of ₹56.05 Lakh for FY 2025 (up 44% YoY).
Arise Elevators has 2 current directors:
- Minaxi Mukeshkumar Patel - Director
- Mukeshbhai Shankarlal Patel - Director
Arise Elevators reported a net profit of ₹1.54 Lakh (net margin 2.8%) and EBITDA of ₹3.12 Lakh (EBITDA margin 5.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Arise Elevators is 10% over three years and -8% over five years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Arise Elevators is 24AAHCA8925C1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Arise Elevators is U29150GJ2009PTC057745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arise Elevators has 3 court cases on record: 3 filed against it.
Arise Elevators was incorporated on 10 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Arise Elevators by revenue are Grand Power Solutions Private Limited, Plicare Material Handling Pvt Ltd, Syndicate Bearings Private Limited, Ifa Machine and Equipment Private Limited, Hje Tech India Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Kamleshbhai Gordhanbhai Patel ceased to be Director on 19 Dec 2020. Rakeshbhai Gordhanbhai Patel ceased to be Director on 19 Dec 2020. Minaxi Mukeshkumar Patel was appointed as Director on 10 Aug 2009. Arise Elevators has 4 board changes on record in total.