MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-20-0017611
Ve Lifts Private Limited - machinery and equipment in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.55 Lakh
▼ 10% YoY
Net profit · FY 2025
₹2.3 Lakh
Net margin 2.9%
EBITDA · FY 2025
₹3.95 Lakh
EBITDA margin 4.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹65 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
1
Provident fund records
About Ve Lifts Private Limited
Data last updated:
Ve Lifts Private Limited is a private limited company based in Chandigarh, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45400CH2011PTC032913. Its GSTIN is 03AADCV7996C1Z5 (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Sharma (Managing Director) and Kanav Sharma.
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 # 3106/3 Sector 44 D, Chandigarh, India – 160047.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.55 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Lakh (net margin 2.9%) and EBITDA of ₹3.95 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 9% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: VE Lifts. As per MCA filings, the company has open charges of ₹65 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Ve Lifts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0017611). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velifts.com.
Company details
CIN U45400CH2011PTC032913
Registration Number 032913
Incorporation Date 02 May 2011
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0017611
Recognitions & Rankings of Ve Lifts
Contact details
Ve Lifts Private Limited's registered office is in Chandigarh, Chandigarh. Its website is velifts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 3106/3 Sector 44 D, Chandigarh, India – 160047
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Ve Lifts Private Limited, buy the company report.
Comprehensive company report
Ve Lifts 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ve Lifts operates one associated brand: VE Lifts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator solutions and services for residential, commercial, and industrial sectors in India. | velifts.com |
Business activity
The main business activity of Ve Lifts is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Ve Lifts Private Limited, buy the company report.
Financials of Ve Lifts Private Limited
FY 2025 filings availableVe Lifts Private Limited reported revenue of ₹80.55 Lakh (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹80.55 Lakh ▼ 10%
Net profit · FY 2025
₹2.3 Lakh margin 2.9%
EBITDA · FY 2025
₹3.95 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 23%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 17%
5 years · compounded
▲ 16%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 6% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.9% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Ve Lifts Private Limited, buy the company report.
Board of directors of Ve Lifts Private Limited
Ve Lifts has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanav Sharma | Director | 07 Aug 2015 | 11 Years 2 Months | Current |
| Ajay Sharma | Managing Director | 02 May 2011 | 15 Years 5 Months | Current |
Auditor
Ve Lifts Private Limited is audited by DEOL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEOL & ASSOCIATES | FY 2023 | 510589 |
Shareholding
The shareholding of Ve Lifts 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 Ve Lifts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹65 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2017 | 100113336 | Others | ₹65 Lakh | Open |
To see the full charge records of Ve Lifts Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ve Lifts Private Limited has 4 court cases on record: 4 filed by Ve Lifts. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jammu, Jammu and Kashmir | Court case (EXECUITION CASESCivil) | Filed by the company against Government Medical College Jammu Through Its Principal and Dean | Pending |
| High Court, JAMMUKASHMIR | Arbitration matter | Filed by the company against Govt. Medical College Jammu Th. Its Principal and Others | Disposed |
| High Court, JAMMUKASHMIR | Arbitration matter | Filed by the company against Municipal Corporation Jammu Th Its Commissioner and Others | Disposed |
| High Court, JAMMUKASHMIR | Arbitration matter | Filed by the company against Municipal Corp.Jammu and Ors. | Disposed |
To see the full case history of Ve Lifts 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 Ve Lifts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ve Lifts Private Limited has a workforce of 1 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Ve Lifts has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCV7996C1Z5 | Punjab | Active | 01 Jul 2017 |
| 01AADCV7996C1Z9 | Jammu and Kashmir | Active | 01 May 2018 |
To see the full GST registrations and return filing status of Ve Lifts Private Limited, buy the company report.
Recent activity
Ve Lifts Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Jagdeep Singh ceased to be Director on 07 Aug 2015.
AGM
Ve Lifts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ve Lifts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others of Rs. 65.00 Lakh registered on 20 May 2017 with Charge ID 100113336 was modified on 20 Oct 2023.
Charges
A charge with Others amounted to Rs. 65.00 Lakh with Charge ID 100113336 was registered on 20 May 2017.
Ceased
Jagdeep Singh ceased to be Director.
Appointed
Kanav Sharma was appointed as Director.
Appointed
Ajay Sharma was appointed as Managing Director.
Incorporation
02 May 2011
Ve Lifts Private Limited was registered on 02 May 2011 with Roc Chandigarh & aged 15 years 5 months as per MCA records.
Frequently asked questions
Ve Lifts is an active private limited company based in Chandigarh, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 02 May 2011 (15+ years old) and is registered under CIN U45400CH2011PTC032913.
Ve Lifts has 2 current directors:
- Ajay Sharma - Managing Director
- Kanav Sharma - Director
The latest financial statements of Ve Lifts 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 2015 are in the company report.
The GSTIN of Ve Lifts is 03AADCV7996C1Z5, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 01AADCV7996C1Z9 (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Ve Lifts is U45400CH2011PTC032913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ve Lifts has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
Ve Lifts was incorporated on 02 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Jagdeep Singh ceased to be Director on 07 Aug 2015. Kanav Sharma was appointed as Director on 07 Aug 2015. Ajay Sharma was appointed as Managing Director on 02 May 2011.
Yes, Ve Lifts is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0017611).
Ve Lifts can be reached through the website velifts.com. Its registered office is in Chandigarh, India.