Newgen Elevators Private Limited
About Newgen Elevators Private Limited
Data last updated:
Newgen Elevators Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the industrial manufacturing sector. It was incorporated on 25 January 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA2016PTC085532.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Raju Srivathsa and Raju Sri Raksha.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at R/A #69 B J Lic Colony West Of Chord Road, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2018, the company reported a revenue of ₹50.49 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19,404 (net margin 0.4%) and EBITDA of ₹1.15 Lakh (EBITDA margin 2.3%).
Company details
Contact details
Newgen Elevators Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressR/A #69 B J Lic Colony West Of Chord Road, Bangalore, Karnataka, India – 560079
- IndustryIndustrial Manufacturing, Manufacturing, Special Purpose Machinery
- 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 Newgen Elevators 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 Newgen Elevators Private Limited, buy the company report.
Financials of Newgen Elevators Private Limited
FY 2018 filings availableNewgen Elevators Private Limited reported revenue of ₹50.49 Lakh (up 207% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 207% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.15 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹19,404 | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.3% | ||
| Net Profit Margin | 0.4% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Newgen Elevators Private Limited, buy the company report.
Board of directors of Newgen Elevators Private Limited
Newgen Elevators has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Srivathsa Also directs: Sportro Sports Management Private Limited | Director | 25 Jan 2016 | 10 Years 8 Months | As last reported |
| Raju Sri Raksha | Director | 09 Jul 2018 | 8 Years 3 Months | As last reported |
Peer comparison
Newgen Elevators Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chartered Auto Private Limited | ₹50.54 Lakh (FY 2025) | -48.0% | Ahmedabad, Gujarat, India | |||
| Inkoop Hype Services Private Limited | ₹50.53 Lakh (FY 2024) | -79.0% | Kolkata, West Bengal, India | |||
| Real Estate Kings Association | ₹50.52 Lakh (FY 2024) | 82.0% | Mumbai, Maharashtra, India | |||
| Sarvamithra Gym & Multi Fitness Private Limited | ₹50.51 Lakh (FY 2024) | 46.0% | Hyderabad, Telangana, India | |||
| Unitech Electronics Private Limited | ₹50.51 Lakh (FY 2025) | 35.0% | Nashik, Maharashtra, India | |||
| Newgen Elevators Private Limitedthis company | ₹50.49 Lakh (FY 2018) | ₹19,404 | 0.4% | 207.0% | Bangalore, Karnataka, India | |
| Triwatt Tools Private Limited | ₹50.49 Lakh (FY 2024) | 16.0% | Pune, Maharashtra, India | |||
| Corpserv Private Limited | ₹50.46 Lakh (FY 2025) | 10.0% | Jalandhar, Punjab, India | |||
| Kimclick E Solution Private Limited | ₹50.45 Lakh (FY 2025) | 64.0% | Mangrol, Gujarat, India | |||
| Peerage Properties Private Limited | ₹50.45 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Gaukarn Ventures Private Limited | ₹50.45 Lakh (FY 2025) | 6.0% | Howrah, West Bengal, India |
To see the full peer comparison of Newgen Elevators Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Newgen Elevators Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Newgen Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Newgen Elevators Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Newgen Elevators Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Raju Sri Raksha was appointed as Director on 09 Jul 2018.
Frequently asked questions
Newgen Elevators has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Newgen Elevators was a private limited company based in Bangalore, Karnataka, India. The company worked in manufacturing, within the industrial manufacturing industry. It was incorporated on 25 January 2016 and is registered under CIN U29248KA2016PTC085532. The company has been struck off by the Registrar of Companies and is no longer operational.
Newgen Elevators had 2 directors:
- Raju Srivathsa - Director
- Raju Sri Raksha - Director
The CIN (Corporate Identification Number) of Newgen Elevators is U29248KA2016PTC085532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Newgen Elevators is at RA #69 B J Lic Colony West Of Chord Road, Bangalore, Karnataka, India – 560079.
Newgen Elevators was incorporated on 25 January 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Newgen Elevators on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2016 are in the company report.
Newgen Elevators operated in the industrial manufacturing industry, in the manufacturing segment. It worked in this industry before it was struck off.
The peers of Newgen Elevators by revenue are Chartered Auto Private Limited, Inkoop Hype Services Private Limited, Real Estate Kings Association, Sarvamithra Gym & Multi Fitness Private Limited, Unitech Electronics Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Raju Sri Raksha was appointed as Director on 09 Jul 2018. Saravanakumar ceased to be Director on 09 Jul 2018. Raju Srivathsa was appointed as Director on 25 Jan 2016.
The compliance status of Newgen Elevators is active non-compliant as of 16 July 2026.