
Acclivate Technologies Private Limited
About Acclivate Technologies Private Limited
Data last updated:
Acclivate Technologies Private Limited was a private limited company based in Gurgaon, Haryana, 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 IT consulting services segment of the technology and IT services sector. It was incorporated on 16 September 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2010PTC041226. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vasantkumar Urkudaji Sahare and Sanjay Bisen Charanlal.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at H. No. 1064 Sector – 15 Part – 2 Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2020, the company reported a revenue of ₹57,700. For the same year it recorded a net profit of ₹20,642 (net margin 35.8%) and EBITDA of ₹20,700 (EBITDA margin 35.9%). Revenue has declined at a compounded annual rate (CAGR) of 398% over three years and 43% over five years.
Company details
Contact details
Acclivate Technologies Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 1064 Sector – 15 Part – 2 Gurgaon, Haryana, India – 122001
- IndustryInformation Technology, IT Consulting Services
To see the full contact details of Acclivate Technologies Private Limited, buy the company report.
- 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
Financials of Acclivate Technologies Private Limited
FY 2020 filings availableAcclivate Technologies Private Limited reported revenue of ₹57,700 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years. EBITDA rose 307% in the latest year. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57,700 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20,700 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20,642 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.9% | ||||
| Net Profit Margin | 35.8% | ||||
| 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 Acclivate Technologies Private Limited, buy the company report.
Board of directors of Acclivate Technologies Private Limited
Acclivate Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantkumar Urkudaji Sahare | Director | 19 Sep 2014 | 12 Years 1 Months | As last reported |
| Sanjay Bisen Charanlal Also directs: Wavenet Solutions Private Limited, Skillboxes (India) Private Limited, Amantya Technologies Private Limited and 1 more | Director | 19 Sep 2014 | 12 Years 1 Months | As last reported |
Auditor
Acclivate Technologies Private Limited is audited by VIKAS KUKREJA & CO. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS KUKREJA & CO. | FY 2018 | 031450N |
Shareholding
The shareholding of Acclivate Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Acclivate Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Acclivate Technologies 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 Acclivate Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acclivate Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Acclivate Technologies Private Limited, buy the company report.
Recent activity
Acclivate Technologies Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Mona Jindal ceased to be Director on 31 Mar 2015.
Frequently asked questions
Acclivate Technologies 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.
Acclivate Technologies was a private limited company based in Gurgaon, Haryana, India. The company worked in IT consulting services, within the information technology industry. It was incorporated on 16 September 2010 and is registered under CIN U72200HR2010PTC041226. The company has been struck off by the Registrar of Companies and is no longer operational.
Acclivate Technologies had 2 directors:
- Vasantkumar Urkudaji Sahare - Director
- Sanjay Bisen Charanlal - Director
The CIN (Corporate Identification Number) of Acclivate Technologies is U72200HR2010PTC041226. 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 Acclivate Technologies is at H. No. 1064 Sector – 15 Part – 2 Gurgaon, Haryana, India – 122001.
Acclivate Technologies was incorporated on 16 September 2010. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Acclivate Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.
No. Acclivate Technologies has 1 GST registration on record and it is cancelled or inactive.
Acclivate Technologies operated in the information technology industry, in the IT consulting services segment. It worked in this industry before it was struck off.
Mona Jindal ceased to be Director on 31 Mar 2015. Manish Jindal ceased to be Director on 19 Sep 2014. Sanjay Bisen Charanlal was appointed as Director on 19 Sep 2014. Acclivate Technologies has 4 board changes on record in total.