- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0054346

About Raj Lifters Private Limited
Data last updated:
Raj Lifters Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 07 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC177475. Its GSTIN is 27AADCR9054M1ZT (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.77 Cr. It was formerly known as Raj Rental Private Limited. It is led by directors including Rashmin Khimji Shah and Jyoti Rashmin 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 401 Neelkanth Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.92 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.43 Cr (net margin 5.5%) and EBITDA of ₹20.77 Cr (EBITDA margin 47.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.
The company has about 217 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Raj Lifters. As per MCA filings, the company has open charges of ₹105.79 Cr and satisfied charges of ₹60.65 Cr on record. Court records list 35 cases involving the company, including 25 filed by the company and 10 filed against it; 6 cases are pending.
Raj Lifters Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054346). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajlifters.in.
Company details
Recognitions & Rankings of Raj Lifters
Contact details
Raj Lifters Private Limited's registered office is in Mumbai, Maharashtra. Its website is rajlifters.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 401 Neelkanth Business Park Nathani Rd Nr Vidyavihar Rly Station Vidyavihar (W, Est), Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Raj Lifters Private 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
Brands
Raj Lifters operates one associated brand: Raj Lifters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Crane rental and lifting services for infrastructure projects in India. | rajlifters.in |
Business activity
The main business activity of Raj Lifters is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Raj Lifters Private Limited, buy the company report.
Financials of Raj Lifters Private Limited
FY 2025 filings availableRaj Lifters Private Limited reported revenue of ₹43.92 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 8% growth in the latest year. EBITDA rose 1% 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 | ₹20.77 Cr | ||||
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| Net Profit (PAT) | ₹2.43 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 | 47.3% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Raj Lifters Private Limited, buy the company report.
Board of directors and KMP of Raj Lifters Private Limited
Raj Lifters Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmin Khimji Shah Also directs: Ivana Commercial LLP, Aria Aerial Platforms Private Limited | Director | 07 Jan 2008 | 18 Years 9 Months | Current |
| Smita Agrawal Also directs: Shreeya Girls Education & Women Welfare Foundation | Company Secretary | 01 Nov 2022 | 4 Years 0 Months | Current |
| Jyoti Rashmin Shah | Director | 07 Jan 2008 | 18 Years 9 Months | Current |
| Rajit Rashmin Shah Also directs: Ivana Commercial LLP, Aria Aerial Platforms Private Limited, Inoovate Building Solutions LLP and 2 more | Director | 26 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Raj Lifters Private Limited is audited by D P S & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P S & CO | FY 2023 | 128576W |
Shareholding
The shareholding of Raj Lifters Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raj Lifters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2025 | 101177098 | Axis Bank Limited | ₹2.41 Cr | Open | |
| 12 Sep 2025 | 101166914 | Yes Bank Limited | ₹11.11 Cr | Open | |
| 04 Sep 2025 | 101164546 | Others | ₹1.29 Cr | Open | |
| 27 Feb 2025 | 101066496 | Axis Bank Limited | ₹8.5 Cr | Open | |
| 03 Feb 2025 | 101048262 | Hdfc Bank Limited | ₹1.95 Cr | Open |
To see the full charge records of Raj Lifters Private Limited, buy the company report.
Total charge records: 53 View all charges
Legal cases
Raj Lifters Private Limited has 35 court cases on record: 25 filed by Raj Lifters, 10 filed against it. 6 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 2 | 3 |
| High courts | 15 | 8 | 2 |
| NCLT | 3 | 0 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Thirani Buildcon Pvt Ltd and 2 others | Pending |
| High Court, TELANGANA | Company petition | Filed by the company against Ivrcl Ltd. | Pending |
| District court, Jamnagar, Gujarat | Commercial matter | Filed by the company against M/S. Kashyap Infratech Pvt. Ltd. and 3 others | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Kedar Ram Laddha Liquidator of Steel Konnect India Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Kapil Infracon Pvt Ltd and 3 others | Disposed |
To see the full case history of Raj Lifters 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 Raj Lifters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raj Lifters Private Limited has a workforce of 217 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Raj Lifters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR9054M1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raj Lifters Private Limited, buy the company report.
Recent activity
Raj Lifters Private Limited has 6 board changes on record since 2008: 5 appointments and 1 cessation. The latest: Smita Agrawal was appointed as Company Secretary on 01 Nov 2022.
84 earlier events are in the company report.
Frequently asked questions
Raj Lifters is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 07 January 2008 (18+ years old) and is registered under CIN U74900MH2008PTC177475.
Raj Lifters has 4 current directors and KMP:
- Rashmin Khimji Shah - Director
- Jyoti Rashmin Shah - Director
- Rajit Rashmin Shah - Director
- Smita Agrawal - Company Secretary
The latest financial statements of Raj Lifters 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 Raj Lifters is 27AADCR9054M1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Raj Lifters is U74900MH2008PTC177475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raj Lifters has 35 court cases on record: 25 filed by the company and 10 filed against it. 6 are pending. Most are in the district courts.
Raj Lifters was incorporated on 07 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Smita Agrawal was appointed as Company Secretary on 01 Nov 2022. Satish Harkunath Deshmukh ceased to be Company Secretary on 02 Feb 2021. Satish Harkunath Deshmukh was appointed as Company Secretary on 01 Oct 2020. Raj Lifters has 6 board changes on record in total.
Yes, Raj Lifters is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0054346).
Raj Lifters can be reached through the website rajlifters.in. Its registered office is in Mumbai, Maharashtra, India.

