About Innovative Elevator Private Limited
Data last updated:
Innovative Elevator Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 08 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29309DL2021PTC379730. Its GSTIN is 07AAGCI1045Q1ZA (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajat Sharma and Sarwan Kumar.
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 Wz – 201B Ground Floor Gali No – 2 Village Dabri, Delhi, India – 110045.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.41 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹13,144 (net margin 0.3%) and EBITDA of ₹2.74 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
As per MCA filings, the company has open charges of ₹5.13 Lakh on record. Court records list 1 case involving the company; 1 case is pending.
For more details, the company can be reached via its website innovativeelevator.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWz – 201B Ground Floor Gali No – 2 Village Dabri, Delhi, India – 110045
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Innovative Elevator Private Limited
The main business activities of Innovative Elevator are manufacturing and trade. In detail, this covers repair & installation of machinery & equipment, motor vehicles and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Innovative Elevator Private Limited FY 2025 filings available
Innovative Elevator Private Limited reported revenue of ₹39.41 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Innovative Elevator Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 1% growth in the latest year. EBITDA rose 30% 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 Innovative Elevator Private Limited
| Metrics | FY 2024-25 | 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 | ₹2.74 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13,144 | •••• | •••• | •••• |
| 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 Innovative Elevator Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7% | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• |
| 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 Innovative Elevator are in the company report.
Financial statements from FY 2022
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 Innovative Elevator Private Limited
Innovative Elevator Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global Conveyor Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Nextway Elevators Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Svar Associates P Ltd | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Sway Elevators Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| VSS Lifts and Elevators Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Innovative Elevator Private Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Flylifts KSK India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Jesus Lifts Private Limited | •••• | •••• | •••• | •••• | - | Tirunelveli, Tamil Nadu, India |
| Zeltron Elevators India Private Limited | •••• | •••• | •••• | •••• | - | Tirumalagiri, Telangana, India |
| Energevo Engineerings Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Unique Wepretail Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Innovative Elevator by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Innovative Elevator Private Limited
Innovative Elevator Private Limited is audited by SVARAJ & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SVARAJ & ASSOCIATES | 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 Innovative Elevator Private Limited
Innovative Elevator has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Sharma | Director | 08 Apr 2021 | 5 Years 6 Months | Current |
| Sarwan Kumar | Director | 08 Apr 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Innovative Elevator 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 Innovative Elevator Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2022 | Hdfc Bank Limited | ₹5.13 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Innovative Elevator Private Limited
Innovative Elevator Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Company is another party | Pending |
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 Innovative Elevator Private Limited
Innovative Elevator Private Limited has a workforce of 0 employees as of Apr 09, 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.
Recent Activity on Innovative Elevator Private Limited
Innovative Elevator Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Rajat Sharma was appointed as Director on 08 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Elevator 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 Innovative Elevator 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 Innovative Elevator 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 Innovative Elevator Private Limited
Innovative Elevator has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCI1045Q1ZA | Delhi | Active | 10 Jun 2021 |
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 Innovative Elevator 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 Innovative Elevator Private Limited
Innovative Elevator is an active private limited company based in Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 08 April 2021 (5+ years old) and is registered under CIN U29309DL2021PTC379730.
Innovative Elevator reported revenue of ₹39.41 Lakh for FY 2025 (up 1% YoY).
Innovative Elevator has 2 current directors:
- Rajat Sharma - Director
- Sarwan Kumar - Director
Innovative Elevator reported a net profit of ₹13,144 (net margin 0.3%) and EBITDA of ₹2.74 Lakh (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovative Elevator is 34% over three years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovative Elevator is 07AAGCI1045Q1ZA, registered in Delhi.
The CIN (Corporate Identification Number) of Innovative Elevator is U29309DL2021PTC379730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Elevator has 1 court case on record. 1 is pending.
Innovative Elevator was incorporated on 08 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Innovative Elevator by revenue are Global Conveyor Technologies Private Limited, Nextway Elevators Private Limited, Svar Associates P Ltd, Sway Elevators Private Limited, VSS Lifts and Elevators Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Rajat Sharma was appointed as Director on 08 Apr 2021. Sarwan Kumar was appointed as Director on 08 Apr 2021.