MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0252498
Teknix Elevators Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹75.44 Cr
▲ 45% YoY
Net profit · FY 2025
₹11.21 Cr
Net margin 14.9%
EBITDA · FY 2025
₹16.66 Cr
EBITDA margin 22.1%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹8.11 Lakh
Issued & subscribed
Open charges
₹5.9 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
180
Provident fund records
About Teknix Elevators Private Limited
Data last updated:
Teknix Elevators 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 08 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA2013PTC070018. Its GSTIN is 29AAECT6880G1ZV (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹8.11 Lakh. It is led by directors including Ashvinkumar Maganlal Trambadiya (Managing Director) and Lalit Sapariya.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.44 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹11.21 Cr (net margin 14.9%) and EBITDA of ₹16.66 Cr (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 26% over five years.
The company has about 180 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Teknix Elevators. As per MCA filings, the company has open charges of ₹5.9 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Teknix Elevators Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0252498). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teknixelevators.com.
Company details
CIN U29220KA2013PTC070018
Registration Number 070018
Incorporation Date 08 July 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0252498
Key People
Ashvinkumar Maganlal Trambadiya Managing Director Lalit Sapariya Director Parthkumar Ashvin Trambadiya Director Recognitions & Rankings of Teknix Elevators
Contact details
Teknix Elevators Private Limited's registered office is in Bangalore, Karnataka. Its website is teknixelevators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 3354/210 Kr Road, Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Teknix Elevators Private Limited, buy the company report.
Comprehensive company report
Teknix Elevators 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
Brands
Teknix Elevators operates one associated brand: Teknix Elevators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and servicing of elevators and escalators with an emphasis on quality and innovation. | teknixelevators.com |
Business activity
The main business activity of Teknix Elevators is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Teknix Elevators Private Limited, buy the company report.
Financials of Teknix Elevators Private Limited
FY 2024 filings availableTeknix Elevators Private Limited reported revenue of ₹75.44 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹75.44 Cr ▲ 45%
Net profit · FY 2025
₹11.21 Cr margin 14.9%
EBITDA · FY 2025
₹16.66 Cr margin 22.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 29%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 127%
5 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 45% growth in the latest year. EBITDA rose 90% 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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| Total Expenses | |||||
| EBITDA | ₹16.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.21 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 | 22.1% | ||||
| Net Profit Margin | 14.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Teknix Elevators Private Limited, buy the company report.
Board of directors of Teknix Elevators Private Limited
Teknix Elevators has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Sapariya Also directs: Teknix Healthcare LLP | Director | 08 Jul 2013 | 13 Years 3 Months | Current |
| Parthkumar Ashvin Trambadiya Also directs: Teknix Healthcare LLP | Director | 08 Jul 2013 | 13 Years 3 Months | Current |
| Alkagauri Ashvinkumar Trambadiya Also directs: Teknix Healthcare LLP | Director | 08 Jul 2015 | 11 Years 3 Months | Current |
| Shilpa Lalitbhai Sapriya | Director | 03 Oct 2015 | 11 Years 0 Months | Current |
| Ashvinkumar Maganlal Trambadiya Also directs: Teknix Healthcare LLP | Managing Director | 08 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Teknix Elevators Private Limited is audited by ASCA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASCA & Associates | FY 2023 | 015515S |
Shareholding
The shareholding of Teknix Elevators 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 Teknix Elevators Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2023 | 100693972 | Axis Bank Limited | ₹1 Cr | Open | |
| 21 Oct 2022 | 100647843 | Others | ₹4.9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Teknix Elevators Private Limited has 2 court cases on record: 2 filed by Teknix Elevators. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Karnataka and 2 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against The Chief Commissioner BBMP | Disposed |
To see the full case history of Teknix Elevators 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 Teknix Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Teknix Elevators Private Limited has a workforce of 180 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
180
Active EPFO establishments
1
Employee growth
14.65%
GST
Teknix Elevators has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT6880G1ZV | Karnataka | Active | 01 Jul 2017 |
| 29AAECT6880G2ZU | Karnataka | Active | 01 Jun 2025 |
| 33AAECT6880G2Z5 | Tamil Nadu | Active | 28 Jun 2023 |
| 36AAECT6880G1Z0 | Telangana | Active | 20 Sep 2024 |
To see the full GST registrations and return filing status of Teknix Elevators Private Limited, buy the company report.
Recent activity
Teknix Elevators Private Limited has 5 board changes on record since 2013: 5 appointments. The latest: Shilpa Lalitbhai Sapriya was appointed as Director on 03 Oct 2015.
AGM
Teknix Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Teknix Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100693972 was registered on 20 Mar 2023.
Charges
A charge with Others amounted to Rs. 490.00 Lakh with Charge ID 100647843 was registered on 21 Oct 2022.
Appointed
Shilpa Lalitbhai Sapriya was appointed as Director.
Appointed
Alkagauri Ashvinkumar Trambadiya was appointed as Director.
Appointed
Ashvinkumar Maganlal Trambadiya was appointed as Managing Director.
Appointed
Lalit Sapariya was appointed as Director.
Appointed
Parthkumar Ashvin Trambadiya was appointed as Director.
Incorporation
08 Jul 2013
Teknix Elevators Private Limited was registered on 08 Jul 2013 with Roc Bangalore & aged 13 years 3 months as per MCA records.
Frequently asked questions
Teknix Elevators 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 08 July 2013 (13+ years old) and is registered under CIN U29220KA2013PTC070018.
Teknix Elevators has 5 current directors:
- Ashvinkumar Maganlal Trambadiya - Managing Director
- Lalit Sapariya - Director
- Parthkumar Ashvin Trambadiya - Director
- Alkagauri Ashvinkumar Trambadiya - Director
- Shilpa Lalitbhai Sapriya - Director
The latest financial statements of Teknix Elevators 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 Teknix Elevators is 29AAECT6880G1ZV, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECT6880G2ZU (Karnataka), 33AAECT6880G2Z5 (Tamil Nadu), 36AAECT6880G1Z0 (Telangana).
The CIN (Corporate Identification Number) of Teknix Elevators is U29220KA2013PTC070018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teknix Elevators has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Teknix Elevators was incorporated on 08 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Shilpa Lalitbhai Sapriya was appointed as Director on 03 Oct 2015. Alkagauri Ashvinkumar Trambadiya was appointed as Director on 08 Jul 2015. Ashvinkumar Maganlal Trambadiya was appointed as Managing Director on 08 Jul 2013. Teknix Elevators has 5 board changes on record in total.
Yes, Teknix Elevators is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0252498).
Teknix Elevators can be reached through the website teknixelevators.com. Its registered office is in Bangalore, Karnataka, India.