HPV Elevate Hvac Engineers Private Limited

HPV Elevate Hvac Engineers Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29309MH2018PTC312122 Incorporated 20 July 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2024
₹23.64 Cr
▲ 257% YoY
Net profit · FY 2024
₹1.98 Cr
Net margin 8.4%
EBITDA · FY 2024
₹2.66 Cr
EBITDA margin 11.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
32
Provident fund records

About HPV Elevate Hvac Engineers Private Limited

Data last updated:

HPV Elevate Hvac Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 20 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2018PTC312122. Its GSTIN is 27AAECH6071K1ZB (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priyanka Vishal Shah and Vishal Ashok Shah.

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 Unit No.112 Plot No.856 1st Flr Ghanshyam Enclave New Link Road Kandivali – West, Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2024, the company reported a revenue of ₹23.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 8.4%) and EBITDA of ₹2.66 Cr (EBITDA margin 11.3%).

The company has about 32 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Elevate HVAC Engineers. As per MCA filings, the company has open charges of ₹2.5 Cr on record.

HPV Elevate Hvac Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0158326). For more details, the company can be reached via its website elevategroup.in.

Company details

CIN U29309MH2018PTC312122
Registration Number 312122
Incorporation Date 20 July 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-18-0158326

Recognitions & Rankings of HPV Elevate Hvac Engineers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0158326

Contact details

HPV Elevate Hvac Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is elevategroup.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No.112 Plot No.856 1st Flr Ghanshyam Enclave New Link Road Kandivali – West, Mumbai, Maharashtra, India – 400067
  • Industry
    Engineering, Industrial Maintenance & Repair Services

To see the full contact details of HPV Elevate Hvac Engineers Private Limited, buy the company report.

Comprehensive company report
HPV Elevate Hvac Engineers Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

HPV Elevate Hvac Engineers operates one associated brand: Elevate HVAC Engineers. Each brand links to its own profile.

BrandDescriptionWebsite
Specializes in HVAC, electrical, fire protection, and civil services in India.elevategroup.in

Business activity

The main business activity of HPV Elevate Hvac Engineers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities

To see the full business activity and turnover split of HPV Elevate Hvac Engineers Private Limited, buy the company report.

Financials of HPV Elevate Hvac Engineers Private Limited

FY 2025 filings available

HPV Elevate Hvac Engineers Private Limited reported revenue of ₹23.64 Cr (up 257% YoY) for FY 2024.

Revenue · FY 2024
₹23.64 Cr ▲ 257%
Net profit · FY 2024
₹1.98 Cr margin 8.4%
EBITDA · FY 2024
₹2.66 Cr margin 11.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 257%
EBITDA CAGR growth
1 year
▲ 359%
3 years · compounded
▲ 795%
5 years · compounded
▲ 344%

Revenue rose 257% in the latest year. EBITDA rose 359% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.98 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.3%
Net Profit Margin8.4%
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

To see the full financial statements and ratios of HPV Elevate Hvac Engineers Private Limited, buy the company report.

Board of directors of HPV Elevate Hvac Engineers Private Limited

HPV Elevate Hvac Engineers has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Priyanka Vishal ShahDirector20 Jul 20188 Years 3 MonthsCurrent
Vishal Ashok ShahDirector20 Jul 20188 Years 3 MonthsCurrent

Auditor

HPV Elevate Hvac Engineers Private Limited is audited by MANTHAN RUPARELIA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MANTHAN RUPARELIA & ASSOCIATESFY 2023135814W

Shareholding

The shareholding of HPV Elevate Hvac Engineers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of HPV Elevate Hvac Engineers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Nov 2024101011652Hdfc Bank Limited₹2.5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for HPV Elevate Hvac Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

HPV Elevate Hvac Engineers Private Limited has a workforce of 32 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
32
Active EPFO establishments
1
Employee growth
540%

GST

HPV Elevate Hvac Engineers has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAECH6071K1ZBMaharashtraActive15 Nov 2018
29AAECH6071K1Z7KarnatakaActive17 Apr 2025
36AAECH6071K1ZCTelanganaActive28 Jun 2025

To see the full GST registrations and return filing status of HPV Elevate Hvac Engineers Private Limited, buy the company report.

Recent activity

HPV Elevate Hvac Engineers Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Priyanka Vishal Shah was appointed as Director on 20 Jul 2018.

AGM
Hpv Elevate Hvac Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hpv Elevate Hvac Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 101011652 was registered on 22 Nov 2024.
Appointed
Priyanka Vishal Shah was appointed as Director.
Appointed
Vishal Ashok Shah was appointed as Director.
Incorporation
20 Jul 2018
Hpv Elevate Hvac Engineers Private Limited was registered on 20 Jul 2018 with Roc Mumbai I & aged 8 years 3 months as per MCA records.

Frequently asked questions

HPV Elevate Hvac Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 20 July 2018 (8+ years old) and is registered under CIN U29309MH2018PTC312122.

HPV Elevate Hvac Engineers has 2 current directors:

The latest financial statements of HPV Elevate Hvac Engineers 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 FY 2019 are in the company report.

The GSTIN of HPV Elevate Hvac Engineers is 27AAECH6071K1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAECH6071K1Z7 (Karnataka), 36AAECH6071K1ZC (Telangana).

The CIN (Corporate Identification Number) of HPV Elevate Hvac Engineers is U29309MH2018PTC312122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

HPV Elevate Hvac Engineers was incorporated on 20 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Priyanka Vishal Shah was appointed as Director on 20 Jul 2018. Vishal Ashok Shah was appointed as Director on 20 Jul 2018.

Yes, HPV Elevate Hvac Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0158326).

HPV Elevate Hvac Engineers can be reached through the website elevategroup.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of HPV Elevate Hvac Engineers is at Unit No.112 Plot No.856 1st Flr Ghanshyam Enclave New Link Road Kandivali – West, Mumbai, Maharashtra, India – 400067.