- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0122984

About Elevar Accounting Private Limited
Data last updated:
Elevar Accounting Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 01 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PTC118532. Its GSTIN is 24AAGCE2172G1ZX (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Rajendrakumar Chopra and Pankit Pravinkumar Shah.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A/806 And B/804 Sheetal Westpark Imperia, Nr. Ahmedabad One Mall Vastrapur, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.49 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹22.72 Lakh (net margin 5.1%) and EBITDA of ₹57.77 Lakh (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
As per MCA filings, the company has open charges of ₹1.25 Cr on record.
Elevar Accounting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0122984). For more details, the company can be reached via its website elevaracc.com.
Company details
Recognitions & Rankings of Elevar Accounting
Contact details
Elevar Accounting Private Limited's registered office is in Ahmedabad, Gujarat. Its website is elevaracc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA/806 And B/804 Sheetal Westpark Imperia, Nr. Ahmedabad One Mall Vastrapur, Gujarat, India – 380015
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Elevar Accounting 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 activity of Elevar Accounting is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Elevar Accounting Private Limited, buy the company report.
Financials of Elevar Accounting Private Limited
FY 2025 filings availableElevar Accounting Private Limited reported revenue of ₹4.49 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 17% growth in the latest year. EBITDA rose 62% 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 | ₹57.77 Lakh | ||||
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| Net Profit (PAT) | ₹22.72 Lakh | ||||
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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 | 12.9% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Elevar Accounting Private Limited, buy the company report.
Board of directors of Elevar Accounting Private Limited
Elevar Accounting has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Rajendrakumar Chopra | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Pankit Pravinkumar Shah | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Elevar Accounting Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elevar Accounting Private Limitedthis company | ₹4.49 Cr (FY 2025) | ₹22.72 Lakh | 5.1% | 17.0% | Ahmedabad, Gujarat, India | |
| Vipana Retail Private Limited | ₹4.48 Cr (FY 2025) | -17.0% | Ahmedabad, Gujarat, India | |||
| Altimus Advisory Private Limited | ₹4.42 Cr (FY 2024) | 184.0% | Ahmedabad, Gujarat, India | |||
| Alpha Alternate Assurance Services Private Limited | ₹4.42 Cr (FY 2025) | -17.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Elevar Accounting Private Limited, buy the company report.
Auditor
Elevar Accounting Private Limited is audited by B D S D & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D S D & CO LLP | FY 2023 | W100380 |
Shareholding
The shareholding of Elevar Accounting Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Elevar Accounting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2023 | 100831014 | Others | ₹1.25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Elevar Accounting Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elevar Accounting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elevar Accounting Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Elevar Accounting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCE2172G1ZX | Gujarat | Active | 07 Sep 2021 |
To see the full GST registrations and return filing status of Elevar Accounting Private Limited, buy the company report.
Recent activity
Elevar Accounting Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Shah Surbhi Pravinkumar ceased to be Director on 12 Jun 2021.
Frequently asked questions
Elevar Accounting is an active private limited company based in Ahmedabad, Gujarat, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 01 December 2020 (6+ years old) and is registered under CIN U74999GJ2020PTC118532.
Elevar Accounting has 2 current directors:
- Rahul Rajendrakumar Chopra - Director
- Pankit Pravinkumar Shah - Director
The latest financial statements of Elevar Accounting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Elevar Accounting is 24AAGCE2172G1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Elevar Accounting is U74999GJ2020PTC118532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elevar Accounting was incorporated on 01 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elevar Accounting by revenue are Vipana Retail Private Limited, Altimus Advisory Private Limited, Alpha Alternate Assurance Services Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Shah Surbhi Pravinkumar ceased to be Director on 12 Jun 2021. Rahul Rajendrakumar Chopra was appointed as Director on 10 Jun 2021. Pankit Pravinkumar Shah was appointed as Director on 01 Dec 2020.
Yes, Elevar Accounting is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0122984).
Elevar Accounting can be reached through the website elevaracc.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Elevar Accounting is at A806 And B804 Sheetal Westpark Imperia, Nr. Ahmedabad One Mall Vastrapur, Gujarat, India – 380015.

