About Rider Elevators Private Limited
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Rider Elevators Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC170790. Its GSTIN is 27AAICR3350F1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manisha Vitthal Bhapkar and Vitthal Dattaraya Bhapkar.
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 S No 179/2 Solitaire Heera Developers Off – 208 Near Hp Petrol Pump Phursungi, Pune, Maharashtra, India – 412308.
As per the financials filed for FY 2024, the company reported a revenue of ₹69 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹54,770 (net margin 0.8%) and EBITDA of ₹77,456 (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riderelevators.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS No 179/2 Solitaire Heera Developers Off – 208 Near Hp Petrol Pump Phursungi, Pune, Maharashtra, India – 412308
- 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 Rider Elevators Private Limited
The main business activity of Rider Elevators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Rider Elevators Private Limited FY 2025 filings available
Rider Elevators Private Limited reported revenue of ₹69 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rider Elevators Private Limited
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA rose 15% 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 Rider Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹77,456 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54,770 | •••• | •••• | •••• | •••• |
| 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 Rider Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Rider Elevators are in the company report.
Financial statements from FY 2018
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 Rider Elevators Private Limited
Rider Elevators 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 |
|---|---|---|---|---|---|---|
| Elezon Technology Private Limited | •••• | •••• | •••• | •••• | - | Dascroi, Gujarat, India |
| Hoist Craft Systems Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Prolific Belting Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Virak Engineering Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| A One Material Handling Equipments Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Rider Elevators Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ibiji Lifts Private Limited | •••• | •••• | •••• | •••• | 18 | Kolkata, West Bengal, India |
| Amogh Hydraulic Spares Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Jfta Elevator and Escalator Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Synergy Global Engineering Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Grapplers India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Rider Elevators 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 Rider Elevators Private Limited
Rider Elevators Private Limited is audited by SARDA SARDA & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARDA SARDA & Co. | 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 Rider Elevators Private Limited
Rider Elevators has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Vitthal Bhapkar | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
| Vitthal Dattaraya Bhapkar | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
| Yash Vitthal Bhapkar | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Rider Elevators 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 Rider Elevators Private Limited
Rider Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rider Elevators Private Limited
Employment history and EPFO contributions of people linked to Rider Elevators.
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 Rider Elevators Private Limited
Rider Elevators Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Manisha Vitthal Bhapkar was appointed as Director on 02 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Rider Elevators 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 Rider Elevators 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 Rider Elevators 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 Rider Elevators Private Limited
Rider Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR3350F1ZG | Maharashtra | Active | 15 Jul 2017 |
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 Rider Elevators 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 Rider Elevators Private Limited
Rider Elevators is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 02 June 2017 (9+ years old) and is registered under CIN U74999PN2017PTC170790.
Rider Elevators reported revenue of ₹69 Lakh for FY 2024 (down 15% YoY).
Rider Elevators has 3 current directors:
- Manisha Vitthal Bhapkar - Director
- Vitthal Dattaraya Bhapkar - Director
- Yash Vitthal Bhapkar - Director
Rider Elevators reported a net profit of ₹54,770 (net margin 0.8%) and EBITDA of ₹77,456 (EBITDA margin 1.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rider Elevators is 57% over three years. In the latest year (FY 2024) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rider Elevators is 27AAICR3350F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rider Elevators is U74999PN2017PTC170790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rider Elevators was incorporated on 02 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Rider Elevators by revenue are Elezon Technology Private Limited, Hoist Craft Systems Private Limited, Prolific Belting Private Limited, Virak Engineering Private Limited, A One Material Handling Equipments Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Manisha Vitthal Bhapkar was appointed as Director on 02 Jun 2017. Vitthal Dattaraya Bhapkar was appointed as Director on 02 Jun 2017. Yash Vitthal Bhapkar was appointed as Director on 02 Jun 2017.
Rider Elevators can be reached through the website riderelevators.com. Its registered office is in Pune, Maharashtra, India.