About Shivshakti Elevator Components Private Limited
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Shivshakti Elevator Components Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 March 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2022PTC130198. Its GSTIN is 24ABICS0802J1ZJ (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Devarsh Chetan Siddhapura and Chetan Mahendrabhai Siddhapura.
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 Plot No 2 Hi – Tech Park Siddharth Nagar Canal Road Opp. Navin Florin Bhestan, Surat, Gujarat, India – 394540.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.23 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹10.24 Cr (net margin 11.5%) and EBITDA of ₹14.81 Cr (EBITDA margin 16.6%).
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.38 Cr on record.
For more details, the company can be reached via its website shivsteel.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 2 Hi – Tech Park Siddharth Nagar Canal Road Opp. Navin Florin Bhestan, Surat, Gujarat, India – 394540
- 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 Shivshakti Elevator Components Private Limited
The main business activity of Shivshakti Elevator Components is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Shivshakti Elevator Components Private Limited FY 2025 filings available
Shivshakti Elevator Components Private Limited reported revenue of ₹89.23 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shivshakti Elevator Components Private Limited
Revenue rose 25% in the latest year. EBITDA rose 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Shivshakti Elevator Components Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹14.81 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.24 Cr | •••• | •••• | •••• |
| 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 Shivshakti Elevator Components Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.6% | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• |
| 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 Shivshakti Elevator Components are in the company report.
Financial statements from FY 2022
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 Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pullman Engineering Co Pvt Ltd | ₹94.17 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Kolkata, West Bengal, India |
| Hyquip Systems Limited | ₹94.15 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Schmalz India Private Limited | ₹92.68 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Nido Machineries Private Limited | ₹90.96 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Brady & Morris Engineering Company Limited Listed | ₹90.9 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Shivshakti Elevator Components Private Limited this company | ₹89.23 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Surat, Gujarat, India |
| Jindal Infrastructures Private Limited | ₹88.66 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Crown Mitali Engineering (India) Private Limited | ₹87.77 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bhiwadi, Rajasthan, India |
| Unique Industrial Handlers Pvt Ltd | ₹86.95 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Green Field Material Handling Private Limited | ₹86.75 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Thane, Maharashtra, India |
| Orbis Elevator Company Limited | ₹85.29 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Shivshakti Elevator Components by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components Private Limited is audited by MANISH R. BAJRANG & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANISH R. BAJRANG & 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 Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarsh Chetan Siddhapura | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Chetan Mahendrabhai Siddhapura Also directs: Firozger Elevator Private Limited | Director | 21 Mar 2022 | 4 Years 6 Months | Current |
| Dharmesh Mahendrabhai Siddhapura Also directs: Firozger Elevator Private Limited | Director | 21 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Shivshakti Elevator Components 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 Shivshakti Elevator Components Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2022 | Hdfc Bank Limited | ₹8.38 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 15 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aggarwal Art and Pattern Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Firozger Elevator Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components Private Limited has a workforce of 80 employees as of Apr 07, 2024.
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 Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Devarsh Chetan Siddhapura was appointed as Director on 29 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Shivshakti Elevator Components 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.
Subsidiaries & Group Companies of Shivshakti Elevator Components 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 Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABICS0802J1ZJ | Gujarat | Active | 05 May 2022 |
| 23ABICS0802J1ZL | Madhya Pradesh | Active | 16 Jul 2022 |
| 09ABICS0802J1ZB | Uttar Pradesh | Active | 08 Aug 2023 |
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 Shivshakti Elevator Components 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 Shivshakti Elevator Components Private Limited
Shivshakti Elevator Components is an active private limited company based in Surat, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 March 2022 (4+ years old) and is registered under CIN U29100GJ2022PTC130198.
Shivshakti Elevator Components reported revenue of ₹89.23 Cr for FY 2025 (up 25% YoY).
Shivshakti Elevator Components has 3 current directors:
- Devarsh Chetan Siddhapura - Director
- Chetan Mahendrabhai Siddhapura - Director
- Dharmesh Mahendrabhai Siddhapura - Director
Shivshakti Elevator Components reported a net profit of ₹10.24 Cr (net margin 11.5%) and EBITDA of ₹14.81 Cr (EBITDA margin 16.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Shivshakti Elevator Components is 24ABICS0802J1ZJ, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23ABICS0802J1ZL (Madhya Pradesh), 09ABICS0802J1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Shivshakti Elevator Components is U29100GJ2022PTC130198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivshakti Elevator Components was incorporated on 21 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shivshakti Elevator Components by revenue are Pullman Engineering Co Pvt Ltd, Hyquip Systems Limited, Schmalz India Private Limited, Nido Machineries Private Limited, Brady & Morris Engineering Company Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Devarsh Chetan Siddhapura was appointed as Director on 29 Jan 2024. Chetan Mahendrabhai Siddhapura was appointed as Director on 21 Mar 2022. Dharmesh Mahendrabhai Siddhapura was appointed as Director on 21 Mar 2022.
Shivshakti Elevator Components has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 15 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Mar 2024.
Shivshakti Elevator Components can be reached through the website shivsteel.net. Its registered office is in Surat, Gujarat, India.
The registered office of Shivshakti Elevator Components is at Plot No 2 Hi – Tech Park Siddharth Nagar Canal Road Opp. Navin Florin Bhestan, Surat, Gujarat, India – 394540.