Swiftway Lifts Work Private Limited
About Swiftway Lifts Work Private Limited
Data last updated:
Swiftway Lifts Work Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 21 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U29150CT2015PTC001727. Its GSTIN is 22AAVCS6764K1ZL (Chhattisgarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Surendra Kumar Burman and Tikendra Nayak.
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 Atari Sub Station Near Happy Dhaba Tatibandh, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.25 Lakh (net margin -50.2%) and EBITDA of -₹2.25 Lakh (EBITDA margin -50.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swiftway Lifts Work Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAtari Sub Station Near Happy Dhaba Tatibandh, Raipur, Chhattisgarh, India – 492001
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Swiftway Lifts Work 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
Business activity
The main business activity of Swiftway Lifts Work is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Swiftway Lifts Work Private Limited, buy the company report.
Financials of Swiftway Lifts Work Private Limited
FY 2025 filings availableSwiftway Lifts Work Private Limited reported revenue of ₹4.48 Lakh (up 719% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 719% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA fell 59% 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 |
|---|---|---|---|---|---|
| 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 | -₹2.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.25 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.2% | ||||
| Net Profit Margin | -50.2% | ||||
| 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 Swiftway Lifts Work Private Limited, buy the company report.
Board of directors of Swiftway Lifts Work Private Limited
Swiftway Lifts Work has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Burman | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Tikendra Nayak | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
Swiftway Lifts Work Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Heavy Engineering Limited | ₹4.5 Lakh (FY 2025) | -52.0% | Hyderabad, Telangana, India | |||
| Pneu-Val Private Limited | ₹4.5 Lakh (FY 2022) | Pune, Maharashtra, India | ||||
| Samudyogah Technologies Private Limited | ₹4.5 Lakh (FY 2024) | -92.0% | Raipur, Chhattisgarh, India | |||
| Seh Engineering Private Limited | ₹4.5 Lakh (FY 2022) | 10773.0% | Kanpur, Uttar Pradesh, India | |||
| Ms3 Luxury Private Limited | ₹4.48 Lakh (FY 2019) | -4.0% | Chennai, Tamil Nadu, India | |||
| Swiftway Lifts Work Private Limitedthis company | ₹4.48 Lakh (FY 2025) | -₹2.25 Lakh | -50.2% | 719.0% | Raipur, Chhattisgarh, India | |
| Saurya Renewable Energy Private Limited | ₹4.47 Lakh (FY 2020) | Ghaziabad, Uttar Pradesh, India | ||||
| Oberon Automation Private Limited | ₹4.46 Lakh (FY 2023) | -84.0% | Bangalore, Karnataka, India | |||
| Harsh Urja - Tech Private Limited | ₹4.44 Lakh (FY 2024) | -88.0% | Ahmedabad, Gujarat, India | |||
| Nuegen Manufacturing & Automation Technologies Private Limited | ₹4.44 Lakh (FY 2024) | -69.0% | Chennai, Tamil Nadu, India | |||
| Control Automation Projects Private Limited | ₹4.43 Lakh (FY 2023) | 79.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Swiftway Lifts Work Private Limited, buy the company report.
Auditor
Swiftway Lifts Work Private Limited is audited by ASHISHSARAOGI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISHSARAOGI | FY 2017 | 419275 |
Shareholding
The shareholding of Swiftway Lifts Work Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Swiftway Lifts Work Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swiftway Lifts Work 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 Swiftway Lifts Work Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swiftway Lifts Work has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAVCS6764K1ZL | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swiftway Lifts Work Private Limited, buy the company report.
Recent activity
Swiftway Lifts Work Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Himanshu Atkare ceased to be Director on 25 Feb 2019.
Frequently asked questions
Swiftway Lifts Work is an active private limited company based in Raipur, Chhattisgarh, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 21 April 2015 (11+ years old) and is registered under CIN U29150CT2015PTC001727.
Swiftway Lifts Work has 2 current directors:
- Surendra Kumar Burman - Director
- Tikendra Nayak - Director
The latest financial statements of Swiftway Lifts Work 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 2016 are in the company report.
The GSTIN of Swiftway Lifts Work is 22AAVCS6764K1ZL, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Swiftway Lifts Work is U29150CT2015PTC001727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swiftway Lifts Work was incorporated on 21 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Swiftway Lifts Work by revenue are Bajaj Heavy Engineering Limited, Pneu-Val Private Limited, Samudyogah Technologies Private Limited, Seh Engineering Private Limited, Ms3 Luxury Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Himanshu Atkare ceased to be Director on 25 Feb 2019. Budh Ram Ratrey ceased to be Director on 10 Jul 2015. Tikendra Nayak was appointed as Director on 10 Jul 2015. Swiftway Lifts Work has 4 board changes on record in total.
The registered office of Swiftway Lifts Work is at Atari Sub Station Near Happy Dhaba Tatibandh, Raipur, Chhattisgarh, India – 492001.
Swiftway Lifts Work operates in the electrical industry, in the electrical equipment segment.
The compliance status of Swiftway Lifts Work is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
