About Asco Elevator India Private Limited
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Asco Elevator India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2019PTC127374. Its GSTIN is 33AARCA9054E1ZK (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Francis Dharma Raj (Managing Director) and Rosy Dharmaraj.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.47 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹79,089 (net margin 0.1%) and EBITDA of ₹1.46 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 97% over five years.
The company is associated with 1 brand: Asco Elevator. Court records list 1 case involving the company, including 1 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 ascoelevators.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressP.No.27 Ragupathy Street Lakshmi Nagar, Moondram Kattalai Kundrathur, Chennai, Tamil Nadu, India – 600128
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Asco Elevator India Private Limited
The main business activity of Asco Elevator India 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 Asco Elevator India Private Limited FY 2025 filings available
Asco Elevator India Private Limited reported revenue of ₹5.47 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asco Elevator India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 51% growth in the latest year. EBITDA fell 89% 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 Asco Elevator India 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 | ₹1.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹79,089 | •••• | •••• | •••• | •••• |
| 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 Asco Elevator India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Asco Elevator India 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.
Peer Comparison of Asco Elevator India Private Limited
Asco Elevator India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products 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 |
|---|---|---|---|---|---|---|
| Transmission Tech Engineers LLP | ₹5.51 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Macon Enviro Technologies Private Limited | ₹5.5 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Worldref Technologies Private Limited | ₹5.5 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Noida, Uttar Pradesh, India |
| Ardee Hi-Tech Private Limited | ₹5.49 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Japan Gauge India Private Limited | ₹5.49 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Gurgaon, Haryana, India |
| Asco Elevator India Private Limited this company | ₹5.47 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
| Eminent Power Engineering Private Limited | ₹5.44 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Vadodara, Gujarat, India |
| Victorian Utility Solution Private Limited | ₹5.44 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Delhi, India |
| Karpagam Industries Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Tamil Nadu, India |
| Greenwire Earthing Solutions Private Limited | ₹5.42 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Surat, Gujarat, India |
| Dcpower Products Private Limited | ₹5.42 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Asco Elevator India by revenue in the Machinery and Equipment industry (Industrial Products 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.
Board of Directors of Asco Elevator India Private Limited
Asco Elevator India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rosy Dharmaraj | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Francis Dharma Raj | Managing Director | 08 Feb 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Asco Elevator India 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 Asco Elevator India Private Limited
Asco Elevator India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Asco Elevator India Private Limited
Asco Elevator India Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvannamalai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 1 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.
Associated Brands with Asco Elevator India Private Limited
Asco Elevator India operates one associated brand: Asco Elevator. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and installation of lifts and elevators in Chennai. | ascoelevators.com |
Employees and EPFO Compliance at Asco Elevator India Private Limited
Asco Elevator India Private Limited has a workforce of 0 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.
Recent Activity on Asco Elevator India Private Limited
Asco Elevator India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Francis Dharma Raj was appointed as Managing Director on 08 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Asco Elevator India 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 Asco Elevator India 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 Asco Elevator India 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 Asco Elevator India Private Limited
Asco Elevator India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA9054E1ZK | Tamil Nadu | Active | 06 Feb 2020 |
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 Asco Elevator India 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 Asco Elevator India Private Limited
Asco Elevator India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 08 February 2019 (7+ years old) and is registered under CIN U29309TN2019PTC127374.
Asco Elevator India reported revenue of ₹5.47 Cr for FY 2025 (up 51% YoY).
Asco Elevator India has 2 current directors:
- Francis Dharma Raj - Managing Director
- Rosy Dharmaraj - Director
Asco Elevator India reported a net profit of ₹79,089 (net margin 0.1%) and EBITDA of ₹1.46 Lakh (EBITDA margin 0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asco Elevator India is 55% over three years and 97% over five years. In the latest year (FY 2025) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asco Elevator India is 33AARCA9054E1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asco Elevator India is U29309TN2019PTC127374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asco Elevator India has 1 court case on record: 1 filed against it.
Asco Elevator India was incorporated on 08 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Asco Elevator India by revenue are Transmission Tech Engineers LLP, Macon Enviro Technologies Private Limited, Worldref Technologies Private Limited, Ardee Hi-Tech Private Limited, Japan Gauge India Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Francis Dharma Raj was appointed as Managing Director on 08 Feb 2019. Rosy Dharmaraj was appointed as Director on 08 Feb 2019.