We Build More Than Elevators.
We Build More Than Elevators.
Built on engineering. Driven by purpose. Ricardo exists to make vertical mobility safe, beautiful, and seamlessly integrated into every Indian home. 18 years of engineering. One purpose — to transform the way India moves at home.
Trusted by the Best. Recognised for Excellence.
Trusted by the Best. Recognised for Excellence.
Ricardo Elevators and its parent company L. T. Elevator Limited are backed by India's most respected institutional names — a reflection of the credibility, governance, and long-term vision that defines everything we build.
Subsidiary of L. T. Elevator Limited
A BSE-listed elevator company (BSE: 544518)
Subsidiary of L. T. Elevator Limited
A BSE-listed elevator company (BSE: 544518)
The People Behind Ricardo
Meet the people behind Ricardo — engineers, strategists, and builders who believe great elevators start with great people.
Yash Gupta
MD (Director)
Leading Ricardo's market expansion and strategic direction with entrepreneurial precision. He is committed to building Ricardo Elevators and L. T. Elevators into India's most trusted brand in premium vertical transportation.
Yash Gupta
MD (Director)
Leading Ricardo's market expansion and strategic direction with entrepreneurial precision. He is committed to building Ricardo Elevators and L. T. Elevators into India's most trusted brand in premium vertical transportation.
Yash Gupta
MD (Director)
Leading Ricardo's market expansion and strategic direction with entrepreneurial precision. He is committed to building Ricardo Elevators and L. T. Elevators into India's most trusted brand in premium vertical transportation.
Neeraj Hemnani
CEO
Driving innovation and strategic growth across Ricardo's operations. He leads with a customer-first philosophy and a clear vision — to establish Ricardo Elevators as a globally respected name in vertical mobility.
Neeraj Hemnani
CEO
Driving innovation and strategic growth across Ricardo's operations. He leads with a customer-first philosophy and a clear vision — to establish Ricardo Elevators as a globally respected name in vertical mobility.
Neeraj Hemnani
CEO
Driving innovation and strategic growth across Ricardo's operations. He leads with a customer-first philosophy and a clear vision — to establish Ricardo Elevators as a globally respected name in vertical mobility.
Avinash Thampy
COO
Overseeing end-to-end project execution, quality assurance, and service delivery across all Ricardo installations. He ensures every elevator that leaves our factory and every installation that reaches a home meets Ricardo's highest standards.
Avinash Thampy
COO
Overseeing end-to-end project execution, quality assurance, and service delivery across all Ricardo installations. He ensures every elevator that leaves our factory and every installation that reaches a home meets Ricardo's highest standards.
Avinash Thampy
COO
Overseeing end-to-end project execution, quality assurance, and service delivery across all Ricardo installations. He ensures every elevator that leaves our factory and every installation that reaches a home meets Ricardo's highest standards.
18 Years in the Making. 1 Brand Born from Conviction
18 Years in the Making. 1 Brand Born from Conviction
From one office in Hyderabad to 30+ cities across India and an international presence in Malaysia and Australia— Ricardo now delivers 2,000+ elevators a year and counting.
2006
L. T. Elevator Limited founded
2009
Kolkata manufacturing plant commissioned
2024
Ricardo Elevators brand launched
2025
BSE listing — BSE: 544518
2025
Expanded globally to Australia & Malaysia
Today
30+ cities · 2,000+ orders · 3 countries
2006
L.T. Elevator Limited founded
2009
Kolkata manufacturing plant commissioned
2024
Ricardo Elevators brand launched
2025
BSW listing - BSE: 544518
2025
Expanded globally to Australia & Malaysia
Today
30+ cities · 2,000+ orders · 3 countries
Built Here. Tested Thoroughly. Delivered Ready.
Built Here. Tested Thoroughly. Delivered Ready.
Every Ricardo elevator is born in our inhouse manufacturing plant — in Kolkata and Hydrabad— and leaves only after passing the most rigorous quality checks in the industry.
Facility
Our manufacturing plant in Kolkata has been operational since 2009. It is ISO 9001:2015 certified, licensed under the Directorate of Factories, Government of West Bengal, and is the foundation of every Ricardo elevator ever delivered.
Facility
Our manufacturing plant in Kolkata has been operational since 2009. It is ISO 9001:2015 certified, licensed under the Directorate of Factories, Government of West Bengal, and is the foundation of every Ricardo elevator ever delivered.
Technology
Ricardo pairs precision in-house fabrication with premium European technology — integrating world-class traction systems, control electronics, and hydraulic power units into every unit we build. We are also home to India's first powder-coated Malaysian Shaft — engineered specifically for pitless, headroom-free residential installations.
Technology
Ricardo pairs precision in-house fabrication with premium European technology — integrating world-class traction systems, control electronics, and hydraulic power units into every unit we build. We are also home to India's first powder-coated Malaysian Shaft — engineered specifically for pitless, headroom-free residential installations.
Quality Assurance
Every Ricardo elevator passes:
Material inspection & stress testing
Full assembly audit
Load-bearing simulation
Pre-dispatch commissioning
Installed exclusively by Ricardo engineers.
Quality Assurance
Every Ricardo elevator passes:
Material inspection & stress testing
Full assembly audit
Load-bearing simulation
Pre-dispatch commissioning
Installed exclusively by Ricardo engineers.
Certifications
Certifications
Quality
Quality
ISO 9001:2015 certified
Udyam MSME registered
Licensed under Directorate of Factories, Govt. of West Bengal
Licensed under Directorate of Factories, Govt. of West Bengal
ISO 9001:2015 certified
Udyam MSME registered
Licensed under Directorate of Factories, Govt. of West Bengal
Compliance
Compliance
Bureau of Indian Standards — IS 14665 & IS 17900
Bureau of Indian Standards — IS 14665 & IS 17900
European Machinery Directive 2006/42/EC
European Machinery Directive 2006/42/EC
CE-marked components
Registered under State Lifts & Escalators Acts nationwide
Registered under State Lifts & Escalators Acts nationwide
Bureau of Indian Standards — IS 14665 & IS 17900
European Machinery Directive 2006/42/EC
CE-marked components
Registered under State Lifts & Escalators Acts nationwide
Want to join the team?
Different skills. One shared vision. Join the family.
Want to join the team?
Different skills. One shared vision. Join the family.
Built for Life's Next Chapter
Visit an experience centre or get a quote — our team responds within 24 hours.
Address:
3 Gobinda Auddy Road, Alipore, Kolkata — 700027
CIN:
U31909WB2008PLC128871
GST:
36AANCR6753R1ZA
Address:
3 Gobinda Auddy Road, Alipore, Kolkata — 700027
CIN:
U31909WB2008PLC128871
GST:
36AANCR6753R1ZA
Address:
3 Gobinda Auddy Road, Alipore, Kolkata — 700027
CIN:
U31909WB2008PLC128871
GST:
36AANCR6753R1ZA