Tycon Elevators Private Limited

Specializes in elevator construction, installation, repairs, and maintenance for various industries.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated:

Tycon Elevators Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 56.23%
  • Profit Growth -2.38%
  • Ebitda -18.86%
  • Net Worth 54.33%
  • Total Assets 7.46%

About Tycon Elevators

Tycon Elevators Private Limited (TEPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 May 2013 and has a history of 11 years and nine months. Its registered office is in Bangaluru, Karnataka, 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 2019. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Subhashchandra Reddy, Savitha Reddy, and Karanakara Reddy serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29150KA2013PTC068936

  • Company No.

    068936

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 2013

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Tycon Elevators Private Limited offer?

Tycon Elevators Private Limited offers a wide range of products and services, including Elevators, Elevators & Escalators, Elevator Doors, Passenger Lifts, Otis Passenger Lifts, Automatic Elevator, Building Lift, Elevator Cabin, Traction Elevator, Residential Elevator.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Subhashchandra Reddy Country flag representing In Managing Director06-May-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Savitha Reddy Country flag representing In Director 06-May-2013Current
Karanakara Reddy Country flag representing In Director 25-Jan-2019Current

Financial Performance of Tycon Elevators.

Tycon Elevators Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 56.23% increase. The company also saw a slight decrease in profitability, with a 2.38% decrease in profit. The company's net worth Soared by an impressive increase of 54.33%.

Tycon Elevators revenue growth over time
Tycon Elevators 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
56.23%
Revenue from Operations
67.07%
Total Assets
7.46%
Profit or Loss
-2.38%
Net Worth
54.33%
EBITDA
-18.86%

What is the Ownership and Shareholding Structure of Tycon Elevators?

In 2019, Tycon 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Tycon Elevators?

Tycon Elevators has a workforce of 6 employees as of Apr 06, 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.

Employee growth trends for Tycon Elevators Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tycon 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 Tycon 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 Tycon Elevators

Recent activity within the organization

  • Annual General Meeting

    Tycon Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Tycon Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

  • Director Appointment

    Karanakara Reddy Srinivasa Reddy was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 6 years 1 month .

  • Director Appointment

    Subhashchandra Srinivas Reddy was appointed as a Managing Director was appointed as a Managing Director on 06 May 2013 & has been associated with this company since 11 years 9 months .

  • Director Appointment

    Savitha Venkataswamy Reddy was appointed as a Director was appointed as a Director on 06 May 2013 & has been associated with this company since 11 years 9 months .

  • Company Incorporation

    Tycon Elevators Private Limited was registered on 06 May 2013 with Roc Bangalore & aged 11 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Tycon Elevators Private Limited?

    Tycon Elevators Private Limited was incorporated on 06 May 2013.

  • What is authorized share capital and paid-up capital of Tycon Elevators Private Limited?

    The authorized share capital of Tycon Elevators Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Tycon Elevators Private Limited?

    Currently 3 directors are associated with Tycon Elevators Private Limited.

    • Subhashchandra Srinivas Reddy
    • Savitha Venkataswamy Reddy
    • Karanakara Reddy Srinivasa Reddy
  • What is the registered address of Tycon Elevators Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tycon Elevators Private Limited is No 1085 23Rd Main 24Th Cross 2Nd Sector, H S R Layout India, Bangalore, Karnataka, 560102.

  • What is the corporate identification number (CIN) and company number of Tycon Elevators Private Limited?

    The corporate identification number (CIN) of Tycon Elevators Private Limited is U29150KA2013PTC068936 and the company number is 068936 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tycon Elevators Private Limited?

    The Official website of Tycon Elevators Private Limited is https://www.tycon-elevators.business.site

  • What has been the recent revenue trend for Tycon Elevators Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Tycon Elevators Private Limited has risen by 56.23%.

  • How many employees does Tycon Elevators Private Limited currently have?

    As Per 2019 financial reports, 6 employees are currently employed by Tycon Elevators Private Limited.

  • What change has been observed in the net worth of Tycon Elevators Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Tycon Elevators Private Limited has experienced an upsurge of 54.33%.

  • When was the last Balance Sheet of Tycon Elevators Private Limited filed with the ROC?

    The most recent Balance Sheet for Tycon Elevators Private Limited was filed with the ROC on 31 Mar 2019.