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Fittech Elevators Private Limited
Fittech Elevators Private Limited - electrnoics in Ludhiana, Punjab, India. Directors, charges & compliance details.
Revenue · FY 2024
₹78.52 Lakh
▲ 74% YoY
Net profit · FY 2024
₹66,106
Net margin 0.8%
EBITDA · FY 2024
₹1.45 Lakh
EBITDA margin 1.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
4
Provident fund records
Directors on board
2
As per MCA filings
About Fittech Elevators Private Limited
Data last updated:
Fittech Elevators Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 28 February 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29309PB2022PTC055331.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suraj Verma and Chamkaur Singh.
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 Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.52 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹66,106 (net margin 0.8%) and EBITDA of ₹1.45 Lakh (EBITDA margin 1.8%).
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Company Details of Fittech Elevators Private Limited
CIN U29309PB2022PTC055331
Registration Number 055331
Incorporation Date 28 February 2022
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Suraj Verma Director Chamkaur Singh Director Recognitions & Rankings of Fittech Elevators
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2690 – 1, Ajit Nagar, Ludhiana, Punjab, India – 141008
- IndustryElectrnoics, Home Appliance, Manufacturing
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Business Activity of Fittech Elevators Private Limited
The main business activity of Fittech Elevators is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Fittech Elevators Private Limited FY 2025 filings available
Fittech Elevators Private Limited reported revenue of ₹78.52 Lakh (up 74% YoY) for FY 2024.
Revenue · FY 2024
₹78.52 Lakh ▲ 74%
Net profit · FY 2024
₹66,106 margin 0.8%
EBITDA · FY 2024
₹1.45 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR) of Fittech Elevators Private Limited
Revenue CAGR growth
1 year
▲ 74%
EBITDA CAGR growth
1 year
▲ 43%
Revenue rose 74% in the latest year. EBITDA rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Fittech Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.45 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66,106 | •••• | •••• |
| 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 Fittech Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• |
| 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 Fittech Elevators are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Fittech Elevators Private Limited
Fittech Elevators has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Verma | Director | 28 Feb 2022 | 4 Years 7 Months | Current |
| Chamkaur Singh | Director | 28 Feb 2022 | 4 Years 7 Months | Current |
Peer Comparison of Fittech Elevators Private Limited
Fittech Elevators Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Luxus Interiors and Infra Private Limited | ₹78.74 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Sanathnagar, Telangana, India |
| Adroit Railsystems Private Limited | ₹78.71 Lakh (FY 2022) | •••• | •••• | 106.0% | •••• | Indore, Madhya Pradesh, India |
| October Constructions Private Limited | ₹78.63 Lakh (FY 2022) | •••• | •••• | 167.0% | •••• | Arrah, Bihar, India |
| Markmen Multiventures Private Limited | ₹78.58 Lakh (FY 2019) | •••• | •••• | •••• | Navi Mumbai Thane, Maharashtra, India | |
| Shreeja Infratech Private Limited | ₹78.53 Lakh (FY 2024) | •••• | •••• | 189.0% | •••• | Delhi, India |
| Fittech Elevators Private Limited this company | ₹78.52 Lakh (FY 2024) | •••• | •••• | 74.0% | •••• | Ludhiana, Punjab, India |
| Worldwide Asp India Private Limited | ₹78.5 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Uday Contractors Private Limited | ₹78.5 Lakh (FY 2022) | •••• | •••• | -53.0% | •••• | Hyderabad, Telangana, India |
| Snutttam Construction Private Limited | ₹78.46 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Bihar, India |
| Taisei Oncho India Private Limited | ₹78.3 Lakh (FY 2022) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Creative Structures Engineering Private Limited | ₹78.29 Lakh (FY 2018) | •••• | •••• | 85.0% | •••• | Nanded, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fittech Elevators by revenue in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Fittech Elevators Private Limited
Fittech Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Fittech Elevators Private Limited
Fittech Elevators Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Total cases
3
Filed against the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Kotak Mahindra Prime Ltd Rep by Santhoshkumar | Pending |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by Ashoka Group of Colleges | Pending |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Fittech Elevators Private Limited
Employment history and EPFO contributions of people linked to Fittech Elevators.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Fittech Elevators Private Limited
Fittech Elevators Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Chamkaur Singh was appointed as Director on 28 Feb 2022.
AGM
Fittech Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fittech Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Chamkaur Singh was appointed as Director.
Appointed
Suraj Verma was appointed as Director.
Incorporation
28 Feb 2022
Fittech Elevators Private Limited was registered on 28 Feb 2022 with Roc Chandigarh & aged 4 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Fittech Elevators Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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- Director-linked violations
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MSME Payment Delays by Fittech Elevators Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Fittech Elevators Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Fittech Elevators Private Limited
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GST registrations and filing compliance
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MCA Filings & Documents of Fittech Elevators Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Fittech Elevators Private Limited
Fittech Elevators is an active private limited company based in Ludhiana, Punjab, India. The company works in home appliance, within the electronics industry. It was incorporated on 28 February 2022 (4+ years old) and is registered under CIN U29309PB2022PTC055331.
Fittech Elevators reported revenue of ₹78.52 Lakh for FY 2024 (up 74% YoY).
Fittech Elevators has 2 current directors:
- Suraj Verma - Director
- Chamkaur Singh - Director
Fittech Elevators reported a net profit of ₹66,106 (net margin 0.8%) and EBITDA of ₹1.45 Lakh (EBITDA margin 1.8%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Fittech Elevators is U29309PB2022PTC055331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fittech Elevators has 3 court cases on record: 3 filed against it. 3 are pending.
Fittech Elevators was incorporated on 28 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Fittech Elevators by revenue are Luxus Interiors and Infra Private Limited, Adroit Railsystems Private Limited, October Constructions Private Limited, Markmen Multiventures Private Limited, Shreeja Infratech Private Limited and 5 more, all in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities).
Chamkaur Singh was appointed as Director on 28 Feb 2022. Suraj Verma was appointed as Director on 28 Feb 2022.
Yes, Fittech Elevators is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Fittech Elevators is at 2690 – 1, Ajit Nagar, Ludhiana, Punjab, India – 141008.