MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0041565
Maruti Elevators Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.87 Cr
▲ 11% YoY
Net loss · FY 2025
₹30.54 Lakh
Net margin -7.9%
EBITDA · FY 2025
-₹9.75 Lakh
EBITDA margin -2.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹69.75 Lakh
Issued & subscribed
Satisfied charges
₹60 Lakh
No open charges
Company age
28 yrs
Est. 1998
Employees · EPFO
12
Provident fund records
About Maruti Elevators Private Limited
Data last updated:
Maruti Elevators Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 19 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1998PTC033841. Its GSTIN is 24AADCM0208N1ZO (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹69.75 Lakh. It is led by directors including Shobhanaben Patel and Bipinbhai Ranchhodbhai Patel.
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 D – 54/A Diamond Park GIDC Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.87 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹30.54 Lakh (net margin -7.9%) and EBITDA of -₹9.75 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ParkMax. As per MCA filings, the company has satisfied charges of ₹60 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company.
Maruti Elevators Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0041565). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parkmax.co.in.
Company details
CIN U31909GJ1998PTC033841
Registration Number 033841
Incorporation Date 19 March 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0041565
Key People
Shobhanaben Patel Director Bipinbhai Ranchhodbhai Patel Director Milan Bipinbhai Patel Director Recognitions & Rankings of Maruti Elevators
Contact details
Maruti Elevators Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parkmax.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 54/A Diamond Park GIDC Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Maruti Elevators Private Limited, buy the company report.
Comprehensive company report
Maruti Elevators 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
Maruti Elevators operates one associated brand: ParkMax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of elevator traction machines and provision of parking solutions in India. | parkmax.co.in |
Business activity
The main business activity of Maruti Elevators is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Maruti Elevators Private Limited, buy the company report.
Financials of Maruti Elevators Private Limited
FY 2025 filings availableMaruti Elevators Private Limited reported revenue of ₹3.87 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹3.87 Cr ▲ 11%
Net loss · FY 2025
₹30.54 Lakh margin -7.9%
EBITDA · FY 2025
-₹9.75 Lakh margin -2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 4%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 130%
3 years · compounded
▼ 36%
5 years · compounded
▼ 22%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA fell 130% 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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| Total Expenses | |||||
| EBITDA | -₹9.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.54 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -7.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Maruti Elevators Private Limited, buy the company report.
Board of directors of Maruti Elevators Private Limited
Maruti Elevators has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobhanaben Patel | Director | 30 Nov 2006 | 19 Years 10 Months | Current |
| Bipinbhai Ranchhodbhai Patel | Director | 30 Nov 2006 | 19 Years 10 Months | Current |
| Milan Bipinbhai Patel Also directs: Nutoni Foods and Beverages LLP | Director | 25 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Maruti Elevators Private Limited is audited by RAMESHCHANDRA B PATEL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESHCHANDRA B PATEL & CO | FY 2020 | 119205W |
Shareholding
The shareholding of Maruti Elevators Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maruti Elevators Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2018 | 100193057 | Yes Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Maruti Elevators Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Maruti Elevators Private Limited has 8 court cases on record: 8 filed by Maruti Elevators. All cases are disposed.
Total cases
8
Filed by the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. K. J. Space Lifts LLP | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Nocee Elevators Limited and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Nocee Elevators Limited and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Wings Industries Owners Tapan Santosh Garg | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S. Modern Elevators | Disposed |
To see the full case history of Maruti Elevators Private 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 Maruti Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maruti Elevators Private Limited has a workforce of 12 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%
GST
Maruti Elevators has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM0208N1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maruti Elevators Private Limited, buy the company report.
Recent activity
Maruti Elevators Private Limited has 7 board changes on record since 1998: 5 appointments and 2 cessations. The latest: Ranchhodbhai Somdas Patel ceased to be Director on 05 Feb 2022.
AGM
Maruti Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maruti Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ranchhodbhai Somdas Patel ceased to be Director.
Charges
A charge registered on 27 Jul 2018 via Charge ID 100193057 with Yes Bank Limited was fully satisfied on 16 Dec 2020.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100193057 was registered on 27 Jul 2018.
Ceased
Dilipkumar Ramanbhai Patel ceased to be Director.
Appointed
Milan Bipinbhai Patel was appointed as Director.
Appointed
Bipinbhai Ranchhodbhai Patel was appointed as Director.
Appointed
Dilipkumar Ramanbhai Patel was appointed as Director.
Appointed
Shobhanaben Patel was appointed as Director.
Appointed
Ranchhodbhai Somdas Patel was appointed as Director.
Incorporation
19 Mar 1998
Maruti Elevators Private Limited was registered on 19 Mar 1998 with Roc Ahmedabad & aged 28 years 7 months as per MCA records.
Frequently asked questions
Maruti Elevators is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 19 March 1998 (28+ years old) and is registered under CIN U31909GJ1998PTC033841.
Maruti Elevators has 3 current directors:
- Shobhanaben Patel - Director
- Bipinbhai Ranchhodbhai Patel - Director
- Milan Bipinbhai Patel - Director
The latest financial statements of Maruti Elevators 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 2015 are in the company report.
The GSTIN of Maruti Elevators is 24AADCM0208N1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Maruti Elevators is U31909GJ1998PTC033841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Elevators has 8 court cases on record: 8 filed by the company.
Maruti Elevators was incorporated on 19 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ranchhodbhai Somdas Patel ceased to be Director on 05 Feb 2022. Dilipkumar Ramanbhai Patel ceased to be Director on 25 Mar 2014. Milan Bipinbhai Patel was appointed as Director on 25 Mar 2014. Maruti Elevators has 7 board changes on record in total.
Yes, Maruti Elevators is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0041565).
Maruti Elevators can be reached through the website parkmax.co.in. Its registered office is in Ahmedabad, Gujarat, India.