Escon Elevators Private Limited

Provides mobility and parking solutions through manufacturing, installation, and servicing of elevators and escalators.

1990 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: February 08, 2025

Escon Elevators Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.73 Cr
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 69.07 Cr
  • Satisfied Charges ₹ 77.07 Cr
  • Revenue Growth 24.64%
  • Profit Growth 17.48%
  • Ebitda 3.62%
  • Net Worth 12.76%
  • Total Assets 1.40%

About Escon Elevators

Escon Elevators Private Limited (EEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 April 1990 and has a history of 34 years and ten months. Its registered office is in Navi Mumbai, Maharashtra.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.73 Cr.

The company currently has active open charges totaling ₹69.07 Cr. The company has closed loans amounting to ₹77.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hussain Putheyedthu and Shamy Kunnel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1990PTC056081

  • Company No.

    056081

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Escon Elevators Private Limited offer?

Escon Elevators Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Elevators & Escalators, Elevator Part, Passenger Lifts, Automatic Elevator, Elevators, Elevator Doors, Telescopic Elevator Door, Residential Elevator.

Who are the key members and board of directors at Escon Elevators?

Executive Team (1)

Name Designation Appointment Date Status
Hussain Putheyedthu Country flag representing In Managing Director 04-Apr-1990 Current

Board Members (1)

Name Designation Appointment Date Status
Shamy Kunnel Country flag representing In Whole-Time Director 16-Feb-2017 Current

Financial Performance of Escon Elevators.

Escon Elevators Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.64% increase. The company also saw a substantial improvement in profitability, with a 17.48% increase in profit. The company's net worth Soared by an impressive increase of 12.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
24.64%
Revenue from Operations
26.00%
Total Assets
1.40%
Profit or Loss
17.48%
Net Worth
12.76%
EBITDA
3.62%

What is the Ownership and Shareholding Structure of Escon Elevators?

In 2023, Escon Elevators had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.07 Cr

Satisfied Charges

₹77.07 Cr

Charges Breakdown by Lending Institutions

  • Others : 59.07 Cr
  • The South Indian Bank Limited : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
05 Mar 2024 Others ₹3.29 M Open
04 Jan 2023 Others ₹20.00 Cr Open
22 Nov 2022 Others ₹22.00 Cr Open
14 Nov 2022 Others ₹5.00 Cr Open
07 Nov 2022 Others ₹5.00 Cr Open

How Many Employees Work at Escon Elevators?

Escon Elevators has a workforce of 348 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Escon Elevators, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Escon Elevators's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Escon Elevators

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100911008 was registered on 05 Mar 2024.

    05 Mar 2024

  • Annual General Meeting

    Escon Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Escon Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100672141 was registered on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 14 Nov 2022 with Charge ID 100662706 was modified on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge registered on 25 Feb 2022 via Charge ID 100548601 with Others was fully satisfied on 06 Dec 2022.

    06 Dec 2022

Frequently asked questions

  • Escon Elevators Private Limited was incorporated on 04 Apr 1990.

  • The authorized share capital of Escon Elevators Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.73 Cr.

  • Currently 2 directors are associated with Escon Elevators Private Limited.

    • Hussain Kunnel Putheyedthu
    • Shamy Hussain Kunnel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Escon Elevators Private Limited is Escon Houseel-116/2 Ttc Electronic Zone Mhape India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Escon Elevators Private Limited is U74999MH1990PTC056081 and the company number is 056081 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Escon Elevators Private Limited is https://www.esconelevators.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Escon Elevators Private Limited has risen by 24.64%.

  • As Per 2022 financial reports, 348 employees are currently employed by Escon Elevators Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Escon Elevators Private Limited has experienced an upsurge of 12.76%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Escon Elevators Private Limited amount to ₹ 69.07 Cr.

  • The most recent Balance Sheet for Escon Elevators Private Limited was filed with the ROC on 31 Mar 2023.

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