- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0035253

About City Elevators Private Limited
Data last updated:
City Elevators Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2006PTC161084. Its GSTIN is 33AACCC8797P1ZU (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Kavita Indra Kumar Swami and Sushila Rajagopalan.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.08 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹4.27 Cr (net margin 4%) and EBITDA of ₹9.65 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 39% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.03 Cr and satisfied charges of ₹33.61 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 3 cases are pending.
City Elevators Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0035253). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citylift.co.in.
Company details
Recognitions & Rankings of City Elevators
Contact details
City Elevators Private Limited's registered office is in Mumbai, Maharashtra. Its website is citylift.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor 1101 Ackruti Star Bldg Central Road MIDC Road Opp. Ackruti Trade Centre An, Dheri East, Mumbai, Maharashtra, India – 400093
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of City Elevators Private Limited, buy the company report.
- 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
Business activity
The main business activities of City Elevators are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of City Elevators Private Limited, buy the company report.
Financials of City Elevators Private Limited
FY 2025 filings availableCity Elevators Private Limited reported revenue of ₹107.08 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 30% growth in the latest year. EBITDA rose 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.65 Cr | ||||
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| Net Profit (PAT) | ₹4.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of City Elevators Private Limited, buy the company report.
Board of directors of City Elevators Private Limited
City Elevators has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Indra Kumar Swami Also directs: Maison Lift LLP | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Sushila Rajagopalan | Director | 12 Apr 2006 | 20 Years 6 Months | Current |
Auditor
City Elevators Private Limited is audited by SUVARNA & KATDARE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUVARNA & KATDARE | FY 2023 | 125080W |
Shareholding
The shareholding of City Elevators Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of City Elevators Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101191053 | Others | ₹1.98 Cr | Open | |
| 16 Nov 2024 | 101013018 | Yes Bank Limited | ₹38.74 Cr | Open | |
| 18 Mar 2020 | 100344353 | Axis Bank Limited | ₹30.99 Lakh | Open | |
| 21 Oct 2021 | 100493362 | State Bank of India | ₹5.44 Cr | Satisfied | |
| 01 Aug 2021 | 100487751 | State Bank of India | ₹22.97 Cr | Satisfied |
To see the full charge records of City Elevators Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
City Elevators Private Limited has 12 court cases on record: 3 filed by City Elevators, 9 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 5 | 3 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Hubtown Limited | Pending |
| High Court | Court case (APP) | Filed against the company by Hubtown Limited | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Hubtown Solaris Premises Co-Operative Society Ltd | Pending |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of City 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 City Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
City Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCC8797P1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of City Elevators Private Limited, buy the company report.
Recent activity
City Elevators Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Kavita Indra Kumar Swami was appointed as Director on 04 Dec 2017.
12 earlier events are in the company report.
Frequently asked questions
City Elevators is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 12 April 2006 (20+ years old) and is registered under CIN U51505MH2006PTC161084.
City Elevators has 2 current directors:
- Kavita Indra Kumar Swami - Director
- Sushila Rajagopalan - Director
The latest financial statements of City Elevators on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of City Elevators is 33AACCC8797P1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of City Elevators is U51505MH2006PTC161084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
City Elevators has 12 court cases on record: 3 filed by the company and 9 filed against it. 3 are pending. Most are in the high courts.
City Elevators was incorporated on 12 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Kavita Indra Kumar Swami was appointed as Director on 04 Dec 2017. Leena Rajagopalan ceased to be Director on 04 Dec 2017. Kavita Indra Kumar Swami ceased to be Additional Director on 27 Nov 2017. City Elevators has 5 board changes on record in total.
Yes, City Elevators is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0035253).
City Elevators can be reached through the website citylift.co.in. Its registered office is in Mumbai, Maharashtra, India.

