- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0011631

About Techno Industries Private Limited
Data last updated:
Techno Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32109GJ2000PTC037915. Its GSTIN is 24AABCT6416B1ZU (Gujarat). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.5 Cr. It was formerly known as Techno Drive Electricals Private Limited and Techno Industries Limited. It is led by directors including Bharat Jivanlal Patel (Whole-Time Director) and Kishor Kumar Mohanlal Pradhan.
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 5002 Phase IV GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹157.36 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.27 Cr (net margin 2.1%) and EBITDA of ₹9.73 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 15% over five years.
The company has about 611 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Techno Industries and Techno Elevators. As per MCA filings, the company has open charges of ₹57.5 Cr and satisfied charges of ₹49.35 Cr on record. Court records list 32 cases involving the company, including 23 filed by the company and 9 filed against it; 8 cases are pending. The company has 8 deals on record (4 secondary share transfers, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹28.41 Cr; the latest was in July 2024. Its 10 peer companies in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Sieger Spintech Equipments Private Limited with revenue of ₹158.2 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 322 overdue payments to 102 micro and small suppliers.
Techno Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0011631). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technoelevators.com.
Company details
Name history
Techno Industries has undergone 2 name changes throughout its history. The company was previously known as Techno Drive Electricals Private Limited, and Techno Industries Limited. The current legal name is Techno Industries Private Limited.
| Company Name | Status |
|---|---|
| Techno Industries Private Limited | Current |
| Techno Drive Electricals Private Limited | Previous |
| Techno Industries Limited | Previous |
CIN history
Techno Industries has one previous CIN (Corporate Identification Number): U32109GJ2000PLC037915. The current CIN is U32109GJ2000PTC037915, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109GJ2000PTC037915 | Current |
| U32109GJ2000PLC037915 | Previous |
Recognitions & Rankings of Techno Industries
Contact details
Techno Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is technoelevators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5002 Phase IV GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Techno Industries 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
Brands
Techno Industries operates two associated brands: Techno Industries and Techno Elevators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pumps, motors, and elevators are manufactured by the company. | technoindustries.co.in | |
| Elevator and escalator manufacturing and services in India. | technoelevators.com |
Business activity
The main business activity of Techno Industries 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 Techno Industries Private Limited, buy the company report.
Financials of Techno Industries Private Limited
FY 2024 filings availableTechno Industries Private Limited reported revenue of ₹157.36 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 39% 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 | ₹9.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Techno Industries Private Limited, buy the company report.
Board of directors and KMP of Techno Industries Private Limited
Techno Industries Private Limited currently reports 5 directors and 2 key managerial personnel. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobha Bharti Also directs: Surili Music Symphony Limited | Company Secretary | 18 Jun 2025 | 1 Years 4 Months | Current |
| Ritul Rameshbhai Shah | Cfo | 19 Jun 2025 | 1 Years 4 Months | Current |
| Kishor Kumar Mohanlal Pradhan Also directs: Lloyds Engineering Works Limited | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
| Bharat Jivanlal Patel Also directs: Abd Diamonds Private Limited, Bara Machines Private Limited | Whole-Time Director | 01 May 2000 | 26 Years 5 Months | Current |
| Manveer Jagdishsinh Jhala | Director | 03 Jun 2023 | 3 Years 4 Months | Current |
| Pallavi Prasad Purandare | Director | 04 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Techno Industries 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 |
|---|---|---|---|---|---|---|
| Sieger Spintech Equipments Private Limited | ₹158.2 Cr (FY 2024) | 11.0% | Coimbatore, Tamil Nadu, India | |||
| Intech Digital Technology (India) Private Limited | ₹157.79 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Raisha Technodesign Private Limited | ₹157.67 Cr (FY 2025) | 55.0% | Pune, Maharashtra, India | |||
| Liebherr Machine Tools India Private Limited | ₹157.42 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Newtronic Lifecare Equipment Private Limited | ₹157.37 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Techno Industries Private Limitedthis company | ₹157.36 Cr (FY 2025) | ₹3.27 Cr | 2.1% | -6.0% | 611 | Ahmedabad, Gujarat, India |
| Deki Electronics Limited | ₹157.07 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Neologic Engineers Private Limited | ₹157.01 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Andritz Separation and Pump Technologies India Private Limited | ₹156.98 Cr (FY 2022) | 15.0% | Chennai, Tamil Nadu, India | |||
| Paul Wurth India Private Limited | ₹156.8 Cr (FY 2022) | 10.0% | New Delhi, Delhi, India | |||
| Unique Structures & Towers Limited | ₹156.59 Cr (FY 2025) | 79.0% | Chhattisgarh, India |
To see the full peer comparison of Techno Industries Private Limited, buy the company report.
Auditor
Techno Industries Private Limited is audited by DIPAL R SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPAL R SHAH & CO | FY 2023 | 126576W |
Shareholding
The shareholding of Techno Industries 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 Techno Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2014 | 10535878 | Hdfc Bank Limited | ₹57.5 Cr | Open | |
| 29 Feb 2024 | 100884818 | Others | ₹9 Cr | Satisfied | |
| 29 Feb 2024 | 100884821 | Others | ₹11 Cr | Satisfied | |
| 30 Jan 2008 | 10087329 | Bank of Baroda | ₹22.7 Cr | Satisfied | |
| 28 Dec 2006 | 10034838 | Indusind Bank Ltd | ₹3 Cr | Satisfied |
To see the full charge records of Techno Industries Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Techno Industries Private Limited has 8 deals on record (4 secondary share transfers, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹28.41 Cr; the latest was in July 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Acquisition | ₹200 Cr | Buyer: Lloyds Engineering Works Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Apollo Earthmovers Limited, an individual |
| Mar 2020 | Acquisition | Undisclosed | Buyer: an individual Seller: Rembrant Trading Private Limited , Sagitta Marketing Private Limited , an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Rembrant Trading Private Limited , Sagitta Marketing Private Limited Seller: 2 individuals |
| Oct 2015 | Funding round | ₹20 Cr | Investors: Apollo Earthmovers Limited, Sagitta Marketing Private Limited , 2 individuals |
To see the full deal history of Techno Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Techno Industries Private Limited has 32 court cases on record: 23 filed by Techno Industries, 9 filed against it. 8 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 7 | 7 |
| High courts | 9 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Apco Autosales Private Limited and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Apco Motors India Private Limited and 1 other | Pending |
| District court, South, Delhi | Court case (OMP (COMM.)) | Filed against the company by Rattanindia Power Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Rattan India Power Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Rattan India Nasik Power Ltd & Anr. | Disposed |
To see the full case history of Techno Industries 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
Techno Industries Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 322 overdue payments to 102 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 (5 of 102)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kalpesh Metals | |||
| an individual supplier | |||
| an individual supplier | |||
| New Tech Engineering | |||
| an individual supplier |
To see the full MSME payment records of Techno Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Techno Industries Private Limited has a workforce of 611 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Techno Industries has 9 GST registrations: 4 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT6416B1ZU | Gujarat | Active | 01 Jul 2017 |
| 07AABCT6416B1ZQ | Delhi | Active | 01 Jul 2017 |
| 29AABCT6416B1ZK | Karnataka | Active | 17 Sep 2022 |
| 27AABCT6416B1ZO | Maharashtra | Active | 31 Jan 2025 |
To see the full GST registrations and return filing status of Techno Industries Private Limited, buy the company report.
Recent activity
Techno Industries Private Limited has 30 board changes on record since 2000: 7 appointments and 23 cessations. The latest: Kishor Kumar Mohanlal Pradhan ceased to be Additional Director on 29 Sep 2025.
38 earlier events are in the company report.
Frequently asked questions
Techno Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 May 2000 (26+ years old) and is registered under CIN U32109GJ2000PTC037915.
Techno Industries has 7 current directors and KMP:
- Bharat Jivanlal Patel - Whole-Time Director
- Kishor Kumar Mohanlal Pradhan - Director
- Manveer Jagdishsinh Jhala - Director
- Pallavi Prasad Purandare - Director
- Shailesh Shah - Director
- Shobha Bharti - Company Secretary
- Ritul Rameshbhai Shah - Cfo
The latest financial statements of Techno Industries 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 Techno Industries is 24AABCT6416B1ZU, registered in Gujarat. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 07AABCT6416B1ZQ (Delhi), 29AABCT6416B1ZK (Karnataka), 27AABCT6416B1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Techno Industries is U32109GJ2000PTC037915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techno Industries has 32 court cases on record: 23 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
Techno Industries was incorporated on 01 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Techno Industries has 8 deals on record (4 secondary share transfers, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹28.41 Cr; the latest was in July 2024.
The peers of Techno Industries by revenue are Sieger Spintech Equipments Private Limited, Intech Digital Technology (India) Private Limited, Raisha Technodesign Private Limited, Liebherr Machine Tools India Private Limited, Newtronic Lifecare Equipment Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kishor Kumar Mohanlal Pradhan ceased to be Additional Director on 29 Sep 2025. Pallavi Prasad Purandare ceased to be Additional Director on 29 Sep 2025. Ritul Rameshbhai Shah was appointed as CFO on 19 Jun 2025. Techno Industries has 30 board changes on record in total.
Yes, Techno Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0011631).
Techno Industries has 12 MSME Form 1 returns on record between 2019 and 2023, listing 322 overdue payments to 102 micro and small suppliers. The latest return was filed on 14 Nov 2023.