Accrevent Solutions Private Limited

Accrevent Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U27104PN2018PTC177100 Incorporated 08 June 2018 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2024
₹15.31 Cr
▲ 69% YoY
Net profit · FY 2024
₹3.16 Cr
Net margin 20.7%
EBITDA · FY 2024
₹4.66 Cr
EBITDA margin 30.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
40
Provident fund records
Directors on board
2
As per MCA filings

About Accrevent Solutions Private Limited

Data last updated:

Accrevent Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27104PN2018PTC177100. Its GSTIN is 27AAGCD7286E1ZF (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Driven-4 Systems India Private Limited. It is led by directors Pravin Bansidhar Ikhe and Swapneel Ashok Gawande.

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 Flat No B6/504 Atul Nagar S.No.79/B Phase II Warje, Pune, Maharashtra, India – 411052.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.31 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Cr (net margin 20.7%) and EBITDA of ₹4.66 Cr (EBITDA margin 30.4%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 114% over five years.

The company has about 40 employees on its provident fund (EPFO) records.

For more details, the company can be reached via its website accrevent.com.

Company details

CIN U27104PN2018PTC177100
Registration Number 177100
Incorporation Date 08 June 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup

CIN history

Accrevent Solutions has one previous CIN (Corporate Identification Number): U72900PN2018PTC177100. The current CIN is U27104PN2018PTC177100, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27104PN2018PTC177100Current
U72900PN2018PTC177100Previous

Recognitions & Rankings of Accrevent Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Accrevent Solutions Private Limited's registered office is in Pune, Maharashtra.

  • Social Media
  • Registered Address
    Flat No B6/504 Atul Nagar S.No.79/B Phase II Warje, Pune, Maharashtra, India – 411052
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Accrevent Solutions Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Accrevent Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Accrevent Solutions Private Limited, buy the company report.

Financials of Accrevent Solutions Private Limited

FY 2024 filings available

Accrevent Solutions Private Limited reported revenue of ₹15.31 Cr (up 69% YoY) for FY 2024.

Revenue · FY 2024
₹15.31 Cr ▲ 69%
Net profit · FY 2024
₹3.16 Cr margin 20.7%
EBITDA · FY 2024
₹4.66 Cr margin 30.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 72%
5 years · compounded
▲ 114%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 69%
5 years · compounded
▲ 134%

Revenue has grown at a compounded annual rate (CAGR) of 114% over five years, including 69% growth in the latest year. EBITDA rose 22% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.16 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin30.4%
Net Profit Margin20.7%
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 Accrevent Solutions Private Limited, buy the company report.

Board of directors of Accrevent Solutions Private Limited

Accrevent Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pravin Bansidhar IkheDirector08 Jun 20188 Years 4 MonthsCurrent
Swapneel Ashok GawandeDirector08 Jun 20188 Years 4 MonthsCurrent

MSME payment delays

Accrevent Solutions Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Accrevent Solutions Private Limited
First Advantage Private Limited

To see the full MSME payment records of Accrevent Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Accrevent Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCD7286E1ZFMaharashtraActive19 Nov 2018

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

Recent activity

Accrevent Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Pravin Bansidhar Ikhe was appointed as Director on 08 Jun 2018.

AGM
Accrevent Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Accrevent Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Pravin Bansidhar Ikhe was appointed as Director.
Appointed
Swapneel Ashok Gawande was appointed as Director.
Incorporation
08 Jun 2018
Accrevent Solutions Private Limited was registered on 08 Jun 2018 with Roc Pune & aged 8 years 4 months as per MCA records.

Frequently asked questions

Accrevent Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 2018 (8+ years old) and is registered under CIN U27104PN2018PTC177100.

Accrevent Solutions has 2 current directors:

The latest financial statements of Accrevent 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 2019 are in the company report.

The GSTIN of Accrevent Solutions is 27AAGCD7286E1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Accrevent Solutions is U27104PN2018PTC177100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Accrevent Solutions was incorporated on 08 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.

Pravin Bansidhar Ikhe was appointed as Director on 08 Jun 2018. Swapneel Ashok Gawande was appointed as Director on 08 Jun 2018.

Yes, Accrevent Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Accrevent Solutions has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 16 Oct 2020.

Accrevent Solutions can be reached through the website accrevent.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Accrevent Solutions is at Flat No B6504 Atul Nagar S.No.79B Phase II Warje, Pune, Maharashtra, India – 411052.