About Team Liftss-It Systems and Solutions Private Limited
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Team Liftss-It Systems and Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 01 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72100TN2005PTC056478. Its GSTIN is 33AACCT2529C1ZU (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vijayagopal and Venkataprasad Sri Prabha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 31/3A1 & 31/3 B1 A1 Poonamallee High Road Vanagaram, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.5 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹8.3 Lakh (net margin 0.9%) and EBITDA of ₹26.67 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹23.48 Lakh on record. Court records list 14 cases involving the company, including 14 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamliftss.com.
Company details
Contact details
Team Liftss-It Systems and Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is teamliftss.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 31/3A1 & 31/3 B1 A1 Poonamallee High Road Vanagaram, Chennai, Tamil Nadu, India – 600095
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Team Liftss-It Systems and Solutions 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 Team Liftss-It Systems and Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Team Liftss-It Systems and Solutions Private Limited, buy the company report.
Financials of Team Liftss-It Systems and Solutions Private Limited
FY 2024 filings availableTeam Liftss-It Systems and Solutions Private Limited reported revenue of ₹9.5 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 19% growth in the latest year. EBITDA fell 5% 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 | ₹26.67 Lakh | ||||
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| Net Profit (PAT) | ₹8.3 Lakh | ||||
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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 | 2.8% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Team Liftss-It Systems and Solutions Private Limited, buy the company report.
Board of directors of Team Liftss-It Systems and Solutions Private Limited
Team Liftss-It Systems and Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayagopal | Director | 01 Aug 2005 | 21 Years 3 Months | Current |
| Venkataprasad Sri Prabha | Director | 01 Jun 2005 | 21 Years 5 Months | Current |
| Nithyanandan | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
Auditor
Team Liftss-It Systems and Solutions Private Limited is audited by S SARAVANAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SARAVANAN & ASSOCIATES | FY 2023 | 011086S |
Shareholding
The shareholding of Team Liftss-It Systems and Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Team Liftss-It Systems and Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2025 | 101092529 | Others | ₹13.48 Lakh | Open | |
| 02 May 2016 | 100031141 | Indian Bank | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Team Liftss-It Systems and Solutions Private Limited has 14 court cases on record: 14 filed by Team Liftss-It Systems and Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 0 | 0 |
Cases on record (2 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The State of Tamil Nadu | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The State of Tamil Nadu | Disposed |
To see the full case history of Team Liftss-It Systems and Solutions 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 Team Liftss-It Systems and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Team Liftss-It Systems and Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCT2529C1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Team Liftss-It Systems and Solutions Private Limited, buy the company report.
Recent activity
Team Liftss-It Systems and Solutions Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Nithyanandan was appointed as Director on 01 Sep 2016.
Frequently asked questions
Team Liftss-It Systems and Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 01 June 2005 (21+ years old) and is registered under CIN U72100TN2005PTC056478.
Team Liftss-It Systems and Solutions has 3 current directors:
- Vijayagopal - Director
- Venkataprasad Sri Prabha - Director
- Nithyanandan - Director
The latest financial statements of Team Liftss-It Systems and Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Team Liftss-It Systems and Solutions is 33AACCT2529C1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Team Liftss-It Systems and Solutions is U72100TN2005PTC056478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Team Liftss-It Systems and Solutions has 14 court cases on record: 14 filed by the company.
Team Liftss-It Systems and Solutions was incorporated on 01 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Nithyanandan was appointed as Director on 01 Sep 2016. Veeraraghavan Venkatesa Prasad ceased to be Managing Director on 01 Sep 2016. Vijayagopal was appointed as Director on 01 Aug 2005. Team Liftss-It Systems and Solutions has 4 board changes on record in total.
Team Liftss-It Systems and Solutions can be reached through the website teamliftss.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Team Liftss-It Systems and Solutions is at No 313A1 & 313 B1 A1 Poonamallee High Road Vanagaram, Chennai, Tamil Nadu, India – 600095.
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