- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0212504

About Kinetic Hyundai Elevator and Movement Technologies Limited
Data last updated:
Kinetic Hyundai Elevator and Movement Technologies Limited is a public limited company based in Pune, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50101MH1996PLC099643. Its GSTIN is 27AABCK3901G1ZV (Maharashtra). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.67 Cr. It was formerly known as Kinetic Escalator and Elevator Limited and Kinetic Auto Private Limited. It is led by directors including Manish Mohan Motwani (Managing Director) and Ajinkya Arun Firodia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. B – 1601 Amar Business Zone Swati Park Saykar Chowk Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.06 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹5.37 Cr (net margin 8%) and EBITDA of ₹8.18 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 11% over five years.
The company has about 259 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.5 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in February 2009.
Kinetic Hyundai Elevator and Movement Technologies Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0212504). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kinetic-hyundai.com.
Company details
Name history
Kinetic Hyundai Elevator and Movement Technologies has undergone 3 name changes throughout its history. The company was previously known as Kinetic Escalator And Elevator Limited, Kinetic Auto Private Limited, and Kinetic Escalator And Elevator Private Limited. The current legal name is Kinetic Hyundai Elevator And Movement Technologies Limited.
| Company Name | Status |
|---|---|
| Kinetic Hyundai Elevator and Movement Technologies Limited | Current |
| Kinetic Escalator And Elevator Limited | Previous |
| Kinetic Auto Private Limited | Previous |
| Kinetic Escalator And Elevator Private Limited | Previous |
Recognitions & Rankings of Kinetic Hyundai Elevator and Movement Technologies
Contact details
Kinetic Hyundai Elevator and Movement Technologies Limited's registered office is in Pune, Maharashtra. Its website is kinetic-hyundai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. B – 1601 Amar Business Zone Swati Park Saykar Chowk Baner, Pune, Maharashtra, India – 411045
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Kinetic Hyundai Elevator and Movement Technologies 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 Kinetic Hyundai Elevator and Movement Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Kinetic Hyundai Elevator and Movement Technologies Limited, buy the company report.
Financials of Kinetic Hyundai Elevator and Movement Technologies Limited
FY 2024 filings availableKinetic Hyundai Elevator and Movement Technologies Limited reported revenue of ₹67.06 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 24% growth in the latest year. EBITDA fell 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.18 Cr | ||||
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| Net Profit (PAT) | ₹5.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Kinetic Hyundai Elevator and Movement Technologies Limited, buy the company report.
Board of directors of Kinetic Hyundai Elevator and Movement Technologies Limited
Kinetic Hyundai Elevator and Movement Technologies has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajinkya Arun Firodia Also directs: Kinetic Engineering Ltd, Motoroyale Kinetic Private Limited, Kinetic Watts and Volts Limited and 5 more | Director | 09 Mar 2017 | 9 Years 7 Months | Current |
| Manish Mohan Motwani Also directs: M M Infra Investech Advisory LLP, Veljan Denison Limited, Chrysalis Casting Private Limited and 5 more | Managing Director | 17 Mar 2000 | 26 Years 7 Months | Current |
| Jayashree Arun Firodia Also directs: Kinetic Engineering Ltd, Motoroyale Kinetic Private Limited, Kinetic Watts and Volts Limited and 2 more | Director | 17 May 1996 | 30 Years 5 Months | Current |
| Won Hae Lee | Additional Director | 19 Feb 2025 | 1 Years 8 Months | Current |
| Sang Hoon Lee | Director | 22 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Kinetic Hyundai Elevator and Movement Technologies Limited is audited by P.G. Bhagwat LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.G. Bhagwat LLP | FY 2023 | 101118W/W100682 |
Shareholding
The shareholding of Kinetic Hyundai Elevator and Movement Technologies 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kinetic Hyundai Elevator and Movement Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2023 | 100723240 | Others | ₹10 Cr | Open | |
| 16 Feb 2010 | 10205295 | Hdfc Bank Limited | ₹4.5 Cr | Open |
To see the full charge records of Kinetic Hyundai Elevator and Movement Technologies Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Kinetic Hyundai Elevator and Movement Technologies Limited has 1 deal on record (1 acquisition); the latest was in February 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2009 | Acquisition | Undisclosed | Buyer: Hyundai Elevator Co. Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kinetic Hyundai Elevator and Movement Technologies Limited has 4 court cases on record: 3 filed by Kinetic Hyundai Elevator and Movement Technologies, 1 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed by the company against HDFC Bank Ltd. and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Rushabh Electriaa Inc and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Convention Hotels India Privat Limited and 6 others | Disposed |
To see the full case history of Kinetic Hyundai Elevator and Movement Technologies Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kinetic Hyundai Elevator and Movement Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kinetic Hyundai Elevator and Movement Technologies Limited has a workforce of 259 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kinetic Hyundai Elevator and Movement Technologies has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK3901G1ZV | Maharashtra | Active | 01 Jul 2017 |
| 03AABCK3901G1Z5 | Punjab | Active | 01 Jul 2017 |
| 06AABCK3901G1ZZ | Haryana | Active | 01 Jul 2017 |
| 07AABCK3901G1ZX | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kinetic Hyundai Elevator and Movement Technologies Limited, buy the company report.
Recent activity
Kinetic Hyundai Elevator and Movement Technologies Limited has 27 board changes on record since 1996: 16 appointments and 11 cessations. The latest: Seungho Yun ceased to be Director on 19 Feb 2025.
22 earlier events are in the company report.
Frequently asked questions
Kinetic Hyundai Elevator and Movement Technologies is an active public limited company based in Pune, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 17 May 1996 (30+ years old) and is registered under CIN U50101MH1996PLC099643.
Kinetic Hyundai Elevator and Movement Technologies has 5 current directors:
- Manish Mohan Motwani - Managing Director
- Ajinkya Arun Firodia - Director
- Jayashree Arun Firodia - Director
- Won Hae Lee - Additional Director
- Sang Hoon Lee - Director
The latest financial statements of Kinetic Hyundai Elevator and Movement Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kinetic Hyundai Elevator and Movement Technologies is 27AABCK3901G1ZV, registered in Maharashtra. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 03AABCK3901G1Z5 (Punjab), 06AABCK3901G1ZZ (Haryana), 07AABCK3901G1ZX (Delhi).
The CIN (Corporate Identification Number) of Kinetic Hyundai Elevator and Movement Technologies is U50101MH1996PLC099643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kinetic Hyundai Elevator and Movement Technologies has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending.
Kinetic Hyundai Elevator and Movement Technologies was incorporated on 17 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
Kinetic Hyundai Elevator and Movement Technologies has 1 deal on record (1 acquisition); the latest was in February 2009.
Seungho Yun ceased to be Director on 19 Feb 2025. Won Hae Lee was appointed as Additional Director on 19 Feb 2025. Gyeongcheon Yim ceased to be Additional Director on 22 Sep 2023. Kinetic Hyundai Elevator and Movement Technologies has 27 board changes on record in total.
Yes, Kinetic Hyundai Elevator and Movement Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0212504).

