Salzgitter Lifts Private Limited

Manufactures and installs elevators and escalators for domestic and commercial use, also offers maintenance services.

2007 | Medak, Telangana (India) | Active
Last Updated: November 15, 2024

Salzgitter Lifts Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.71 Cr
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 5.43 Cr
  • Revenue Growth 18.06%
  • Profit Growth 293.12%
  • Ebitda 137.04%
  • Net Worth 3.50%
  • Total Assets 7.82%

About Salzgitter Lifts

Salzgitter Lifts Private Limited (SLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 2007 and has a history of 17 years and six months. Its registered office is in Medak, Telangana, India.

The Corporate was formerly known as Straubel Engineering Designs Private Limited. 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 3.00 Cr and a paid-up capital of Rs 2.71 Cr.

The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹5.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bindu Kunati, Rohan Kunati, and Rajitha Nalapapireddi serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74900TG2007PTC055057

  • Company No.

    055057

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Salzgitter Lifts Private Limited offer?

Salzgitter Lifts Private Limited offers a wide range of products and services, including Automotive Repair Tools & Equipments, Car Lift, Security & Inspection Devices, Car Parking System.

Who are the key members and board of directors at Salzgitter Lifts?

Executive Team (1)

NameDesignationAppointment DateStatus
Bindu Kunati Country flag representing Us Managing Director13-Feb-2012Current

Board Members (2)

NameDesignationAppointment DateStatus
Rohan Kunati Country flag representing Us Director 09-Jul-2021Current
Rajitha Nalapapireddi Country flag representing In Director 19-Aug-2020Current

Financial Performance of Salzgitter Lifts.

Salzgitter Lifts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.06% increase. The company also saw a substantial improvement in profitability, with a 293.12% increase in profit. The company's net worth moved up by a moderate rise of 3.5%.

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
18.06%
Revenue from Operations
18.55%
Total Assets
7.82%
Profit or Loss
293.12%
Net Worth
3.50%
EBITDA
137.04%

What is the Ownership and Shareholding Structure of Salzgitter Lifts?

In 2023, Salzgitter Lifts 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

₹4.50 Cr

Satisfied Charges

₹5.43 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2024Hdfc Bank Limited₹4.50 CrOpen
27 Oct 2022Others₹3.31 CrSatisfied
28 Oct 2020Canara Bank₹1.00 CrSatisfied
17 Oct 2020Canara Bank₹0.90 MSatisfied
17 Oct 2020Canara Bank₹1.30 MSatisfied

How Many Employees Work at Salzgitter Lifts?

Salzgitter Lifts has a workforce of 17 employees as of Mar 21, 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 Salzgitter Lifts, 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 Salzgitter Lifts'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 Salzgitter Lifts

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.50 Cr registered on 25 Jun 2024 with Charge ID 100961890 was modified on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge registered on 27 Oct 2022 via Charge ID 100643552 with Others was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.50 Cr with Charge ID 100961890 was registered on 25 Jun 2024.

    25 Jun 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Salzgitter Lifts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 28 Oct 2020 via Charge ID 100382996 with Canara Bank was fully satisfied on 11 Nov 2022.

    11 Nov 2022

Frequently asked questions

  • Salzgitter Lifts Private Limited was incorporated on 07 Aug 2007.

  • The authorized share capital of Salzgitter Lifts Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.71 Cr.

  • Currently 3 directors are associated with Salzgitter Lifts Private Limited.

    • Bindu Madhavi Kunati
    • Rohan Reddy Kunati
    • Rajitha Reddy Nalapapireddi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salzgitter Lifts Private Limited is F-30 Ficci-Flo Medical Devices Park Sulthanpur (V) Ameenpur (M), Sangareddy India, Hyderabad, Telangana, 502319.

  • The corporate identification number (CIN) of Salzgitter Lifts Private Limited is U74900TG2007PTC055057 and the company number is 055057 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salzgitter Lifts Private Limited is https://www.salzgitterlifts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salzgitter Lifts Private Limited has risen by 18.06%.

  • As Per 2023 financial reports, 17 employees are currently employed by Salzgitter Lifts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salzgitter Lifts Private Limited has experienced an upsurge of 3.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salzgitter Lifts Private Limited amount to ₹ 4.50 Cr.

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

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