MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0215777
Accelerate Engineering Solutions Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.27 Lakh
▲ 52% YoY
Net loss · FY 2024
₹8,552
Net margin -0.4%
EBITDA · FY 2024
-₹8,552
EBITDA margin -0.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Accelerate Engineering Solutions Private Limited
Data last updated:
Accelerate Engineering Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 05 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2021PTC142871. Its GSTIN is 29AAUCA6005E1ZL (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raghunadhanreddy Panayala and Sucharitha Panyala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 698 2nd Floor 5th Block, Smv Layout Ullal Bangalore, Karnataka, India – 560056.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.27 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹8,552 (net margin -0.4%) and EBITDA of -₹8,552 (EBITDA margin -0.4%).
Accelerate Engineering Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0215777). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accelerateespl.com.
Company details
CIN U31909KA2021PTC142871
Registration Number 142871
Incorporation Date 05 January 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0215777
Recognitions & Rankings of Accelerate Engineering Solutions
Contact details
Accelerate Engineering Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is accelerateespl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 698 2nd Floor 5th Block, Smv Layout Ullal Bangalore, Karnataka, India – 560056
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Accelerate Engineering Solutions Private Limited, buy the company report.
Comprehensive company report
Accelerate Engineering Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Accelerate Engineering Solutions is personal and household service. In detail, this covers repair of computers and personal and household goods.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S2 | Repair of computers and personal and household goods |
To see the full business activity and turnover split of Accelerate Engineering Solutions Private Limited, buy the company report.
Financials of Accelerate Engineering Solutions Private Limited
FY 2024 filings availableAccelerate Engineering Solutions Private Limited reported revenue of ₹21.27 Lakh (up 52% YoY) for FY 2024.
Revenue · FY 2024
₹21.27 Lakh ▲ 52%
Net loss · FY 2024
₹8,552 margin -0.4%
EBITDA · FY 2024
-₹8,552 margin -0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
EBITDA CAGR growth
1 year
▲ 45%
Revenue rose 52% in the latest year. EBITDA rose 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | -₹8,552 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8,552 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.4% | |||
| Net Profit Margin | -0.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Accelerate Engineering Solutions Private Limited, buy the company report.
Board of directors of Accelerate Engineering Solutions Private Limited
Accelerate Engineering Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunadhanreddy Panayala | Director | 05 Jan 2021 | 5 Years 9 Months | Current |
| Sucharitha Panyala | Director | 05 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Accelerate Engineering Solutions Private Limited is audited by KANDULA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANDULA & ASSOCIATES | FY 2023 | 243393 |
Shareholding
The shareholding of Accelerate Engineering Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Accelerate Engineering Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Accelerate Engineering Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Accelerate Engineering Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accelerate Engineering Solutions Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Accelerate Engineering Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCA6005E1ZL | Karnataka | Active | 14 Dec 2022 |
To see the full GST registrations and return filing status of Accelerate Engineering Solutions Private Limited, buy the company report.
Recent activity
Accelerate Engineering Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Raghunadhanreddy Panayala was appointed as Director on 05 Jan 2021.
AGM
Accelerate Engineering Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Accelerate Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Raghunadhanreddy Panayala was appointed as Director.
Appointed
Sucharitha Panyala was appointed as Director.
Incorporation
05 Jan 2021
Accelerate Engineering Solutions Private Limited was registered on 05 Jan 2021 with Roc Bangalore & aged 5 years 9 months as per MCA records.
Frequently asked questions
Accelerate Engineering Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 05 January 2021 (5+ years old) and is registered under CIN U31909KA2021PTC142871.
Accelerate Engineering Solutions has 2 current directors:
- Raghunadhanreddy Panayala - Director
- Sucharitha Panyala - Director
The latest financial statements of Accelerate Engineering Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Accelerate Engineering Solutions is 29AAUCA6005E1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Accelerate Engineering Solutions is U31909KA2021PTC142871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accelerate Engineering Solutions was incorporated on 05 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Raghunadhanreddy Panayala was appointed as Director on 05 Jan 2021. Sucharitha Panyala was appointed as Director on 05 Jan 2021.
Yes, Accelerate Engineering Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0215777).
Accelerate Engineering Solutions can be reached through the website accelerateespl.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Accelerate Engineering Solutions is at No 698 2nd Floor 5th Block, Smv Layout Ullal Bangalore, Karnataka, India – 560056.