Accelere Development Solutions Private Limited

Accelere Development Solutions Private Limited - engineering in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U45205KA2011PTC056635 Incorporated 17 January 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company engineering
Data last updated
Revenue · FY 2021
₹499
▼ 100% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
GST registrations
2
None active
Last financials
Mar 2021
Balance sheet date
Last AGM
30 Nov 2021
Annual general meeting

About Accelere Development Solutions Private Limited

Data last updated:

Accelere Development Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 17 January 2011.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2011PTC056635. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hareesh Chataram Asnani and Raakhee Asnani Hareesh.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.85/1 2nd Floor 19th Main Sector – 1 H S R Layout, Bangalore, Karnataka, India – 560102.

Company details

CIN U45205KA2011PTC056635
Registration Number 056635
Incorporation Date 17 January 2011
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Contact details

Accelere Development Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.85/1 2nd Floor 19th Main Sector – 1 H S R Layout, Bangalore, Karnataka, India – 560102
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)

To see the full contact details of Accelere Development Solutions Private Limited, buy the company report.

Comprehensive company report
Accelere Development Solutions Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Accelere Development Solutions Private Limited

FY 2021 filings available

Accelere Development Solutions Private Limited reported revenue of ₹499 (down 100% YoY) for FY 2021.

Revenue · FY 2021
₹499 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 87%
5 years · compounded
▼ 76%

Revenue has declined at a compounded annual rate (CAGR) of 76% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Accelere Development Solutions Private Limited, buy the company report.

Board of directors of Accelere Development Solutions Private Limited

Accelere Development Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Hareesh Chataram AsnaniDirector05 Nov 20215 Years 0 MonthsAs last reported
Raakhee Asnani HareeshDirector11 Jan 20179 Years 9 MonthsAs last reported

Peer comparison

Accelere Development Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Envocon Engineers Private Limited₹700 (FY 2025)-100.0%Ranchi, Jharkhand, India
Algotech India Private Limited₹608 (FY 2023)11.0%New Delhi, Delhi, India
T.S.D.S. Enterprises Private Limited₹600 (FY 2025)Faridabad, Haryana, India
BSM Infrastructure India Private Limited₹591 (FY 2025)Morena, Madhya Pradesh, India
Kankyo Enertek Green Fuels Private Limited₹586 (FY 2022)Chennai, Tamil Nadu, India
Accelere Development Solutions Private Limitedthis company₹499 (FY 2021)-100.0%Bangalore, Karnataka, India
Team One Infra Consultants Private Limited₹480 (FY 2023)Hyderabad, Telangana, India
Swavik Engineering Services Private Limited₹364 (FY 2024)-100.0%Thane, Maharashtra, India
Struttura Critica Engineers India Private Limited₹320 (FY 2024)-100.0%New Delhi, Delhi, India
Creative Sugar Centrifuge India Private Limited₹274 (FY 2016)-100.0%Pune, Maharashtra, India
Intricate Building Services Design Private Limited₹273 (FY 2025)-100.0%Bangalore, Karnataka, India

To see the full peer comparison of Accelere Development Solutions Private Limited, buy the company report.

Auditor

Accelere Development Solutions Private Limited is audited by MARUTHI & MOHANA for the financial year 2016.

Auditor firmFinancial yearFirm registration number
MARUTHI & MOHANAFY 2016014330S

Shareholding

The shareholding of Accelere Development Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Accelere Development Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Accelere Development Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Accelere Development Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Accelere Development Solutions Private Limited, buy the company report.

Recent activity

Accelere Development Solutions Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Bharat Kumar Patel ceased to be Director on 21 Dec 2021.

Ceased
Bharat Kumar Patel ceased to be Director.
AGM
Accelere Development Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Hareesh Chataram Asnani ceased to be Additional Director.
Appointed
Hareesh Chataram Asnani was appointed as Director.
Filing
Accelere Development Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Raakhee Asnani Hareesh ceased to be Additional Director.
Appointed
Raakhee Asnani Hareesh was appointed as Director.
Ceased
Prashanth Kashyap ceased to be Director.
Ceased
Anil Gururao Mutalik ceased to be Director.
Incorporation
17 Jan 2011
Accelere Development Solutions Private Limited was registered on 17 Jan 2011 with Roc Bangalore & aged 15 years 9 months as per MCA records.

Frequently asked questions

Accelere Development Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Accelere Development Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 17 January 2011 and is registered under CIN U45205KA2011PTC056635. The company has been struck off by the Registrar of Companies and is no longer operational.

Accelere Development Solutions had 2 directors:

The CIN (Corporate Identification Number) of Accelere Development Solutions is U45205KA2011PTC056635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Accelere Development Solutions is at No.851 2nd Floor 19th Main Sector – 1 H S R Layout, Bangalore, Karnataka, India – 560102.

Accelere Development Solutions was incorporated on 17 January 2011. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Accelere Development Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

No. Accelere Development Solutions has 2 GST registrations on record and all of them are cancelled or inactive.

Accelere Development Solutions operated in the engineering industry, in the engineering, procurement and construction (epc) segment. It worked in this industry before it was struck off.

The peers of Accelere Development Solutions by revenue are Envocon Engineers Private Limited, Algotech India Private Limited, T.S.D.S. Enterprises Private Limited, BSM Infrastructure India Private Limited, Kankyo Enertek Green Fuels Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).

Bharat Kumar Patel ceased to be Director on 21 Dec 2021. Hareesh Chataram Asnani ceased to be Additional Director on 30 Nov 2021. Hareesh Chataram Asnani was appointed as Director on 05 Nov 2021. Accelere Development Solutions has 7 board changes on record in total.