Stepup Elevator Equipments Manufacturers Private Limited

Stepup Elevator Equipments Manufacturers Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29241KA2018PTC118833 Incorporated 27 November 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment MSME
Data last updated
Revenue · FY 2025
₹13.26 Cr
▲ 42% YoY
Net profit · FY 2025
₹9.93 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹54.27 Lakh
EBITDA margin 4.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹2.48 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Stepup Elevator Equipments Manufacturers Private Limited

Data last updated:

Stepup Elevator Equipments Manufacturers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29241KA2018PTC118833. Its GSTIN is 29ABBCS1804R1ZW (Karnataka).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24 Lakh. It was formerly known as Stepup Lifts Private Limited and Stepup Industry Private Limited. It is led by directors Prajwal Nagaraj (Managing Director) and Manjula Javare Gowda.

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 No. 344 9th Cross Kavika Layout Bapujinagar, Bangalore, Karnataka, India – 560026.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.26 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹9.93 Lakh (net margin 0.7%) and EBITDA of ₹54.27 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 56% over five years.

As per MCA filings, the company has open charges of ₹2.48 Cr on record.

Stepup Elevator Equipments Manufacturers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0091380). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stepuplifts.com.

Company details

CIN U29241KA2018PTC118833
Registration Number 118833
Incorporation Date 27 November 2018
ROC Bangalore
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 MSME
Udyam Registration UDYAM-KR-03-0091380

Name history

Stepup Elevator Equipments Manufacturers has undergone 4 name changes throughout its history. The current legal name is Stepup Elevator Equipments Manufacturers Private Limited.

Company NameStatus
Stepup Elevator Equipments Manufacturers Private LimitedCurrent
Stepup Lifts Private LimitedPrevious
Stepup Industry Private LimitedPrevious
Stepup Lift Components Private LimitedPrevious
Stepup Industries Private LimitedPrevious
Key People
Prajwal Nagaraj Managing Director Manjula Javare Gowda Director

Recognitions & Rankings of Stepup Elevator Equipments Manufacturers

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0091380

Contact details

Stepup Elevator Equipments Manufacturers Private Limited's registered office is in Bangalore, Karnataka. Its website is stepuplifts.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    stepuplifts.com
  • Social Media
  • Registered Address
    No. 344 9th Cross Kavika Layout Bapujinagar, Bangalore, Karnataka, India – 560026
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Stepup Elevator Equipments Manufacturers Private Limited, buy the company report.

Comprehensive company report
Stepup Elevator Equipments Manufacturers 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

Business activity

The main business activity of Stepup Elevator Equipments Manufacturers is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Stepup Elevator Equipments Manufacturers Private Limited, buy the company report.

Financials of Stepup Elevator Equipments Manufacturers Private Limited

FY 2025 filings available

Stepup Elevator Equipments Manufacturers Private Limited reported revenue of ₹13.26 Cr (up 42% YoY) for FY 2025.

Revenue · FY 2025
₹13.26 Cr ▲ 42%
Net profit · FY 2025
₹9.93 Lakh margin 0.7%
EBITDA · FY 2025
₹54.27 Lakh margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 83%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 103%
5 years · compounded
▲ 70%

Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 42% growth in the latest year. EBITDA rose 55% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹54.27 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.93 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.1%
Net Profit Margin0.7%
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

To see the full financial statements and ratios of Stepup Elevator Equipments Manufacturers Private Limited, buy the company report.

Board of directors of Stepup Elevator Equipments Manufacturers Private Limited

Stepup Elevator Equipments Manufacturers has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Prajwal NagarajManaging Director27 Nov 20187 Years 11 MonthsCurrent
Manjula Javare GowdaDirector27 Nov 20187 Years 11 MonthsCurrent
View all directors

Auditor

Stepup Elevator Equipments Manufacturers Private Limited is audited by RANGA AND CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RANGA AND COFY 2023003042S

Shareholding

The shareholding of Stepup Elevator Equipments Manufacturers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Stepup Elevator Equipments Manufacturers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹2.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jun 2025101116446Indian Bank₹17.5 LakhOpen
12 Oct 2020100376814Indian Bank₹2.3 CrOpen

To see the full charge records of Stepup Elevator Equipments Manufacturers Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Stepup Elevator Equipments Manufacturers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Stepup Elevator Equipments Manufacturers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABBCS1804R1ZWKarnatakaActive12 Mar 2019

To see the full GST registrations and return filing status of Stepup Elevator Equipments Manufacturers Private Limited, buy the company report.

Recent activity

Stepup Elevator Equipments Manufacturers Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Manjula Javare Gowda was appointed as Director on 27 Nov 2018.

AGM
Stepup Elevator Equipments Manufacturers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 17.50 Lakh with Charge ID 101116446 was registered on 05 Jun 2025.
Filing
Stepup Elevator Equipments Manufacturers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Indian Bank of Rs. 230.00 Lakh registered on 12 Oct 2020 with Charge ID 100376814 was modified on 11 Jul 2024.
Charges
A charge with Indian Bank amounted to Rs. 230.00 Lakh with Charge ID 100376814 was registered on 12 Oct 2020.
Appointed
Manjula Javare Gowda was appointed as Director.
Appointed
Prajwal Nagaraj was appointed as Managing Director.
Incorporation
27 Nov 2018
Stepup Elevator Equipments Manufacturers Private Limited was registered on 27 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.

Frequently asked questions

Stepup Elevator Equipments Manufacturers is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U29241KA2018PTC118833.

Stepup Elevator Equipments Manufacturers has 2 current directors:

The latest financial statements of Stepup Elevator Equipments Manufacturers 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 FY 2019 are in the company report.

The GSTIN of Stepup Elevator Equipments Manufacturers is 29ABBCS1804R1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Stepup Elevator Equipments Manufacturers is U29241KA2018PTC118833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Stepup Elevator Equipments Manufacturers was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Manjula Javare Gowda was appointed as Director on 27 Nov 2018. Prajwal Nagaraj was appointed as Managing Director on 27 Nov 2018.

Yes, Stepup Elevator Equipments Manufacturers is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0091380).

Stepup Elevator Equipments Manufacturers can be reached through the website stepuplifts.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Stepup Elevator Equipments Manufacturers is at No. 344 9th Cross Kavika Layout Bapujinagar, Bangalore, Karnataka, India – 560026.