About Elevate Services India Private Limited
Data last updated:
Elevate Services India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Elevate Services Singapore Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74140HR2012FTC085295. Its GSTIN is 06AADCE2322D1ZC (Haryana).
The company has an authorised share capital of ₹6.5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Steven Gene Harmon and Neetika Narula.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.48 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹10.88 Cr (net margin 9.8%) and EBITDA of ₹16.65 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
The company has about 465 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in May 2026. Its 7 peer companies in the Outsourcing industry (Legal Process Outsourcing) are compared by revenue, 2 larger and 5 smaller; the largest is Shangrila Corporate Services Private Limited with revenue of ₹840.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elevateservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address15th Floor Of Block A Building No.9, DLF Cyber City Phase – III, Gurgaon, Haryana, India – 122002
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Elevate Services India Private Limited
The main business activity of Elevate Services India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Elevate Services India Private Limited FY 2025 filings available
Elevate Services India Private Limited reported revenue of ₹111.48 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elevate Services India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 26% growth in the latest year. EBITDA rose 24% 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 Elevate Services 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 | ₹16.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.88 Cr | •••• | •••• | •••• | •••• |
| 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 Elevate Services India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.8% | •••• | •••• | •••• | •••• |
| 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 Elevate Services India 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 Elevate Services India Private Limited
Elevate Services India Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Legal Process Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shangrila Corporate Services Private Limited | ₹840.54 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Quislex Legal Services Private Limited | ₹155.93 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Elevate Services India Private Limited this company | ₹111.48 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Gurgaon, Haryana, India |
| Pangea3 Legal Database Systems Private Limited | ₹94.35 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Lex Orbis Consulting Private Limited | ₹93.92 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Astreya Consultancy India Private Limited | ₹68.43 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Delhi, India |
| Ramsakhi Trading Private Limited | ₹62.33 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Kolkata, West Bengal, India |
| Incorp Advisory Services Private Limited | ₹60.28 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Elevate Services India by revenue in the Outsourcing industry (Legal Process Outsourcing), 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 Elevate Services India Private Limited
Elevate Services India Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suresh Surana & Associates LLP | 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 Elevate Services India Private Limited
Elevate Services India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Steven Gene Harmon | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
| Neetika Narula | Director | 15 Jan 2024 | 2 Years 8 Months | Current |
| Christopher Wellington Penka | Director | 12 Jun 2023 | 3 Years 3 Months | Current |
Ownership and Shareholding of Elevate Services 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 Elevate Services India Private Limited
Elevate Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Elevate Services India Private Limited
Elevate Services India Private Limited has 1 deal on record (1 rights issue); the latest was in May 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Rights issue | ₹17.7 Cr | Investors: Elevate Services Singapore Pte Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Elevate Services India Private Limited
Elevate Services India Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 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, Gurugram, Haryana | Commercial 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.
Employees and EPFO Compliance at Elevate Services India Private Limited
Elevate Services India Private Limited has a workforce of 465 employees as of Apr 03, 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.
CIN History of Elevate Services India Private Limited
Elevate Services India has one previous CIN (Corporate Identification Number): U74140DL2012FTC245726. The current CIN is U74140HR2012FTC085295, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140HR2012FTC085295 | Current |
| U74140DL2012FTC245726 | Previous |
Recent Activity on Elevate Services India Private Limited
Elevate Services India Private Limited has 17 board changes on record since 2012: 10 appointments and 7 cessations. The latest: Nishant Handa ceased to be Director on 01 Mar 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elevate Services 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 Elevate Services 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 Elevate Services 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 Elevate Services India Private Limited
Elevate Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCE2322D1ZC | Haryana | 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 Elevate Services 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 Elevate Services India Private Limited
Elevate Services India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 December 2012 (14+ years old) and is registered under CIN U74140HR2012FTC085295.
Elevate Services India reported revenue of ₹111.48 Cr for FY 2025 (up 26% YoY).
Elevate Services India has 3 current directors:
- Steven Gene Harmon - Director
- Neetika Narula - Director
- Christopher Wellington Penka - Director
Elevate Services India reported a net profit of ₹10.88 Cr (net margin 9.8%) and EBITDA of ₹16.65 Cr (EBITDA margin 14.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elevate Services India is 17% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elevate Services India is 06AADCE2322D1ZC, registered in Haryana.
The CIN (Corporate Identification Number) of Elevate Services India is U74140HR2012FTC085295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elevate Services India has 1 court case on record: 1 filed against it.
Elevate Services India was incorporated on 05 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Haryana.
Elevate Services India has 1 deal on record (1 rights issue); the latest was in May 2026.
The peers of Elevate Services India by revenue are Shangrila Corporate Services Private Limited, Quislex Legal Services Private Limited, Pangea3 Legal Database Systems Private Limited, Lex Orbis Consulting Private Limited, Astreya Consultancy India Private Limited and 2 more, all in the Outsourcing industry (Legal Process Outsourcing).