Lift Tech Equipments Private Limited

Manufacturer of various types of lifting and handling equipment, established in 2020 in Chennai.

2020 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: October 31, 2024

Lift Tech Equipments Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.50 M
  • Revenue Growth 163.88%
  • Profit Growth 18.98%
  • Ebitda -202.08%
  • Net Worth 41.81%
  • Total Assets 50.31%

About Lift Tech Equipments

Lift Tech Equipments Private Limited (LTEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 November 2020 (Four years and three months 5 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹9.50 M.

Mahendran and Vijay Adith serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29100TN2020PTC139370

  • Company No.

    139370

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Lift Tech Equipments Private Limited offer?

Lift Tech Equipments Private Limited offers a wide range of products and services, including Material Handling Machines & Systems, Warehouse Stacker, Elevators & Escalators, Goods Lift, Assembly Robots, Pallet Truck, Electric Stacker, Cranes, Forklift & Lifting Machines, Hydraulic Crane, Light Crane.

Who are the key members and board of directors at Lift Tech Equipments?

Board Members (2)

Name Designation Appointment Date Status
Vijay Adith Country flag representing In Director 11-Nov-2020 Current
Mahendran Country flag representing In Director 11-Nov-2020 Current

Financial Performance of Lift Tech Equipments.

Lift Tech Equipments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 163.88% increase. The company also saw a substantial improvement in profitability, with a 18.98% increase in profit. The company's net worth Soared by an impressive increase of 41.81%.

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
163.88%
Revenue from Operations
163.09%
Total Assets
50.31%
Profit or Loss
18.98%
Net Worth
41.81%
EBITDA
-202.08%

What is the Ownership and Shareholding Structure of Lift Tech Equipments?

Unlock access to Lift Tech Equipments's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.60 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2023 City Union Bank Limited ₹6.00 M Open
26 Oct 2022 Hdfc Bank Limited ₹3.50 M Open

How Many Employees Work at Lift Tech Equipments?

Lift Tech Equipments has a workforce of 25 employees as of Apr 04, 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 Lift Tech Equipments, 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 Lift Tech Equipments'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 Lift Tech Equipments

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 6.00 M with Charge ID 100831408 was registered on 30 Aug 2023.

    30 Aug 2023

  • Balance Sheet

    Lift Tech Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.50 M with Charge ID 100672113 was registered on 26 Oct 2022.

    26 Oct 2022

  • Director Appointment

    Mahendran was appointed as a Director was appointed as a Director on 11 Nov 2020 & has been associated with this company since 4 years 3 months .

    11 Nov 2020

  • Director Appointment

    Vijay Adith was appointed as a Director was appointed as a Director on 11 Nov 2020 & has been associated with this company since 4 years 3 months .

    11 Nov 2020

Frequently asked questions

  • Lift Tech Equipments Private Limited was incorporated on 11 Nov 2020.

  • The authorized share capital of Lift Tech Equipments Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Lift Tech Equipments Private Limited.

    • Mahendran
    • Vijay Adith
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lift Tech Equipments Private Limited is Plot No.239, Lig Phase-Ii Nolambur India, Chennai, Tamil Nadu, 600095.

  • The corporate identification number (CIN) of Lift Tech Equipments Private Limited is U29100TN2020PTC139370 and the company number is 139370 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lift Tech Equipments Private Limited is https://www.lifttechequipments.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lift Tech Equipments Private Limited has risen by 163.88%.

  • As Per 2023 financial reports, 25 employees are currently employed by Lift Tech Equipments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lift Tech Equipments Private Limited has experienced an upsurge of 41.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lift Tech Equipments Private Limited amount to ₹ 9.50 M.

  • The most recent Balance Sheet for Lift Tech Equipments Private Limited was filed with the ROC on 31 Mar 2023.