Ve Lifts Private Limited

Provides a variety of lifts and elevators for residential and commercial use.

2011 | Chandigarh (India) | Active
Last Updated: November 16, 2024

Ve Lifts Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 M
  • Revenue Growth 51.22%
  • Profit Growth 60.45%
  • Ebitda 7.84%
  • Net Worth 61.25%
  • Total Assets -33.43%

About Ve Lifts

Ve Lifts Private Limited (VLPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2011 and has a history of 13 years and nine months. Its registered office is in Chandigarh, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.50 M.

Ajay Sharma and Kanav Sharma serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velifts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45400CH2011PTC032913

  • Company No.

    032913

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Ve Lifts Private Limited offer?

Ve Lifts Private Limited offers a wide range of products and services, including Elevators, Industrial Elevators, Hospital Elevator, Elevators & Escalators, Elevator Part, Goods Lift, Traction Goods Lift, Passenger Lifts, Residential Elevator.

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

Executive Team (1)

Name Designation Appointment Date Status
Ajay Sharma Country flag representing In Managing Director 02-May-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Kanav Sharma Country flag representing In Director 07-Aug-2015 Current

Financial Performance of Ve Lifts.

Ve Lifts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.22% increase. The company also saw a substantial improvement in profitability, with a 60.45% increase in profit. The company's net worth Soared by an impressive increase of 61.25%.

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
51.22%
Revenue from Operations
50.51%
Total Assets
-33.43%
Profit or Loss
60.45%
Net Worth
61.25%
EBITDA
7.84%

What is the Ownership and Shareholding Structure of Ve Lifts?

In 2023, Ve 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

₹6.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2017 Others ₹6.50 M Open

How Many Employees Work at Ve Lifts?

Ve Lifts has a workforce of 1 employees as of Apr 03, 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 Ve 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 Ve 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 Ve Lifts

Recent activity within the organization

  • Annual General Meeting

    Ve Lifts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ve Lifts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 6.50 M registered on 20 May 2017 with Charge ID 100113336 was modified on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 6.50 M with Charge ID 100113336 was registered on 20 May 2017.

    20 May 2017

  • Director Appointment

    Kanav Sharma was appointed as a Director was appointed as a Director on 07 Aug 2015 & has been associated with this company since 9 years 6 months .

    07 Aug 2015

  • Director Appointment

    Ajay Sharma was appointed as a Managing Director was appointed as a Managing Director on 02 May 2011 & has been associated with this company since 13 years 9 months .

    02 May 2011

Frequently asked questions

  • Ve Lifts Private Limited was incorporated on 02 May 2011.

  • The authorized share capital of Ve Lifts Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ve Lifts Private Limited.

    • Ajay Sharma
    • Kanav Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ve Lifts Private Limited is 3106/3 Sector 44 D India, Chandigarh, 160047.

  • The corporate identification number (CIN) of Ve Lifts Private Limited is U45400CH2011PTC032913 and the company number is 032913 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ve Lifts Private Limited is https://www.velifts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ve Lifts Private Limited has risen by 51.22%.

  • As Per 2023 financial reports, 1 employees are currently employed by Ve Lifts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ve Lifts Private Limited has experienced an upsurge of 61.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ve Lifts Private Limited amount to ₹ 6.50 M.

  • The most recent Balance Sheet for Ve Lifts Private Limited was filed with the ROC on 31 Mar 2024.

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