About Top India Elevator Private Limited
Data last updated:
Top India Elevator Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 10 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29150GJ2009PTC058080. Its GSTIN is 24AADCT2569H1ZA (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vimal Dhirubhai Dholakia (Managing Director) and Jignaben Vimalbhai Dholakiya (Whole-Time Director).
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 205 – B Crystal Complex 150 Ft. Ring Road Near K.K.V. Hall, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.28 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.87 Lakh (net margin 0.3%) and EBITDA of ₹25.22 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 18% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.31 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website topindiaelevator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address205 – B Crystal Complex 150 Ft. Ring Road Near K.K.V. Hall, Rajkot, Gujarat, India – 360005
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Top India Elevator Private Limited
The main business activities of Top India Elevator are manufacturing and construction. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Top India Elevator Private Limited FY 2025 filings available
Top India Elevator Private Limited reported revenue of ₹14.28 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Top India Elevator Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 47% 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 of Top India Elevator Private Limited
| 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 | ₹25.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.87 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 of Top India Elevator Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Top India Elevator are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Top India Elevator Private Limited
Top India Elevator Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indeva Ergomatic India Private Limited | •••• | •••• | •••• | •••• | 36 | Pune, Maharashtra, India |
| Light Lift India Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Malik Polychem Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bakelite Electrical Manufacturing Company Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ascent Lifts & Escalators Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Top India Elevator Private Limited this company | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Cradle Runways (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Presito Technologies (India) Private Limited | •••• | •••• | •••• | •••• | - | Punjabi Bagh, Delhi, India |
| Fulcrum Lift Components Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Chaudhari Futuretech Private Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Elecon Hydraulics Private Limited | •••• | •••• | •••• | •••• | 12 | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Top India Elevator by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Top India Elevator Private Limited
Top India Elevator Private Limited is audited by PURVI RAVAL & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PURVI RAVAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Top India Elevator Private Limited
Top India Elevator has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignaben Vimalbhai Dholakiya | Whole-Time Director | 15 Dec 2014 | 11 Years 9 Months | Current |
| Vivek Vimalkumar Dholakia | Director | 15 Dec 2014 | 11 Years 9 Months | Current |
| Vimal Dhirubhai Dholakia | Managing Director | 10 Sep 2009 | 17 Years 0 Months | Current |
Ownership and Shareholding of Top India Elevator Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Top India Elevator Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2018 | Hdfc Bank Limited | ₹1.31 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Top India Elevator Private Limited
Top India Elevator Private Limited has a workforce of 13 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Top India Elevator Private Limited
Top India Elevator Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Jignaben Vimalbhai Dholakiya ceased to be Whole-Time Director on 13 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Top India Elevator Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Top India Elevator Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Top India Elevator Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Top India Elevator Private Limited
Top India Elevator has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT2569H1ZA | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Top India Elevator Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Top India Elevator Private Limited
Top India Elevator is an active private limited company based in Rajkot, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 10 September 2009 (17+ years old) and is registered under CIN U29150GJ2009PTC058080.
Top India Elevator reported revenue of ₹14.28 Cr for FY 2025 (down 3% YoY).
Top India Elevator has 3 current directors:
- Vimal Dhirubhai Dholakia - Managing Director
- Jignaben Vimalbhai Dholakiya - Whole-Time Director
- Vivek Vimalkumar Dholakia - Director
Top India Elevator reported a net profit of ₹4.87 Lakh (net margin 0.3%) and EBITDA of ₹25.22 Lakh (EBITDA margin 1.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Top India Elevator is 9% over three years and 18% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Top India Elevator is 24AADCT2569H1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Top India Elevator is U29150GJ2009PTC058080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Top India Elevator was incorporated on 10 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Top India Elevator by revenue are Indeva Ergomatic India Private Limited, Light Lift India Private Limited, Malik Polychem Private Limited, Bakelite Electrical Manufacturing Company Private Limited, Ascent Lifts & Escalators Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Jignaben Vimalbhai Dholakiya ceased to be Whole-Time Director on 13 Dec 2019. Jayantibhai Ramjibhai Rola ceased to be Managing Director on 15 Dec 2014. Jignaben Vimalbhai Dholakiya was appointed as Whole-Time Director on 15 Dec 2014. Top India Elevator has 6 board changes on record in total.
Top India Elevator can be reached through the website topindiaelevator.com. Its registered office is in Rajkot, Gujarat, India.