Accelgrowth Technology Private Limited
About Accelgrowth Technology Private Limited
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Accelgrowth Technology Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2020PTC352071. Its GSTIN is 27AAUCA5345B1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Aniket Kanfade and Devidas Fulchand Kanfade.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at P No 33 Diamond Nagar, Nagpur, Maharashtra, India – 440024.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.35 Lakh (net margin 1.4%) and EBITDA of ₹3.17 Lakh (EBITDA margin 3.2%).
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- Registered AddressP No 33 Diamond Nagar, Nagpur, Maharashtra, India – 440024
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Accelgrowth Technology Private Limited
The main business activity of Accelgrowth Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Accelgrowth Technology Private Limited FY 2023 filings available
Accelgrowth Technology Private Limited reported revenue of ₹97.48 Lakh (up 205% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Accelgrowth Technology Private Limited
Revenue rose 205% in the latest year. EBITDA rose 201% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Accelgrowth Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | ₹3.17 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.35 Lakh | •••• | •••• |
| 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 of Accelgrowth Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.2% | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Accelgrowth Technology are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Accelgrowth Technology Private Limited
Accelgrowth Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yellowfish Digital Innovations Private Limited | ₹97.87 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Kochi, Kerala, India |
| Ignited Intellectual Private Limited | ₹97.77 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Bhopal, Madhya Pradesh, India |
| Faaz Technology Solutions Private Limited | ₹97.63 Lakh (FY 2024) | •••• | •••• | 90.0% | •••• | Chennai, Tamil Nadu, India |
| Kittle Private Limited | ₹97.62 Lakh (FY 2024) | •••• | •••• | 103.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Merse AI India Private Limited | ₹97.61 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Gurgaon, Haryana, India |
| Accelgrowth Technology Private Limited this company | ₹97.48 Lakh (FY 2023) | •••• | •••• | 205.0% | •••• | Nagpur, Maharashtra, India |
| Sensabyte Technologies Private Limited | ₹97.35 Lakh (FY 2024) | •••• | •••• | 199.0% | •••• | Kolkata, West Bengal, India |
| 8 Miles Solution Private Limited | ₹97.33 Lakh (FY 2024) | •••• | •••• | 96.0% | •••• | Pune, Maharashtra, India |
| Cityfashion IT Services Private Limited | ₹97.21 Lakh (FY 2019) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Superblocks (OPC) Private Limited | ₹97.16 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
| Mitz AI Minds Private Limited | ₹97.13 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Kanayannur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Accelgrowth Technology by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Accelgrowth Technology Private Limited
Accelgrowth Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniket Kanfade | Director | 17 Dec 2021 | 4 Years 9 Months | Current |
| Devidas Fulchand Kanfade | Director | 17 Dec 2020 | 5 Years 9 Months | Current |
Ownership and Shareholding of Accelgrowth Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Accelgrowth Technology Private Limited
Accelgrowth Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Accelgrowth Technology Private Limited
Accelgrowth Technology Private Limited has a workforce of 0 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Accelgrowth Technology Private Limited
Accelgrowth Technology Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Aniket Kanfade was appointed as Director on 17 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Accelgrowth Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Accelgrowth Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Accelgrowth Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Accelgrowth Technology Private Limited
Accelgrowth Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA5345B1ZM | Maharashtra | Active | 08 Oct 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Accelgrowth Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Accelgrowth Technology Private Limited
Accelgrowth Technology is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 December 2020 (6+ years old) and is registered under CIN U72200MH2020PTC352071.
Accelgrowth Technology reported revenue of ₹97.48 Lakh for FY 2023 (up 205% YoY).
Accelgrowth Technology has 2 current directors:
- Aniket Kanfade - Director
- Devidas Fulchand Kanfade - Director
Accelgrowth Technology reported a net profit of ₹1.35 Lakh (net margin 1.4%) and EBITDA of ₹3.17 Lakh (EBITDA margin 3.2%) for FY 2023, as per its filed financial statements.
The GSTIN of Accelgrowth Technology is 27AAUCA5345B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Accelgrowth Technology is U72200MH2020PTC352071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accelgrowth Technology was incorporated on 17 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Accelgrowth Technology by revenue are Yellowfish Digital Innovations Private Limited, Ignited Intellectual Private Limited, Faaz Technology Solutions Private Limited, Kittle Private Limited, Merse AI India Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Aniket Kanfade was appointed as Director on 17 Dec 2021. Shubham Devidas Kanfade ceased to be Director on 17 Dec 2021. Devidas Fulchand Kanfade was appointed as Director on 17 Dec 2020.
The registered office of Accelgrowth Technology is at P No 33 Diamond Nagar, Nagpur, Maharashtra, India – 440024.
Accelgrowth Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000.