About Acia Communications Technology (India) Private Limited
Data last updated:
Acia Communications Technology (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Acacia Communications (Ireland) Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 24 August 2016.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC095984. Its GSTIN is 29AAOCA8549H1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Navneet Hrishikesan and Pankaj Mitra.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Brigade South Parade No. 10 Mahatma Gandhi Road Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.97 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹46.21 Lakh (net margin -23.5%) and EBITDA of -₹28.18 Lakh (EBITDA margin -14.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The company is associated with 1 brand: Acacia Inc.
The last known website on record is acacia-inc.com.
Company details
Contact details
Acia Communications Technology (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is acacia-inc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBrigade South Parade No. 10 Mahatma Gandhi Road Bangalore, Karnataka, India – 560001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Acia Communications Technology (India) 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
Brands
Acia Communications Technology (India) operates one associated brand: Acacia Inc. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-speed coherent optical interconnect products are provided for data transmission. | acacia-inc.com |
Business activity
The main business activity of Acia Communications Technology (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Acia Communications Technology (India) Private Limited, buy the company report.
Financials of Acia Communications Technology (India) Private Limited
FY 2022 filings availableAcia Communications Technology (India) Private Limited reported revenue of ₹1.97 Cr (down 76% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 76% fall in the latest year. EBITDA fell 120% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹1.97 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹28.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.21 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.3% | ||||
| Net Profit Margin | -23.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Acia Communications Technology (India) Private Limited, buy the company report.
Board of directors of Acia Communications Technology (India) Private Limited
Acia Communications Technology (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Hrishikesan | Director | 23 Apr 2021 | 5 Years 6 Months | As last reported |
| Pankaj Mitra | Director | 11 May 2022 | 4 Years 5 Months | As last reported |
| Vasudevan Gopu | Irp/Rp/Liquidator | 21 Apr 2023 | 3 Years 6 Months | As last reported |
Auditor
Acia Communications Technology (India) Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2021 | 121750W/W100010 |
Shareholding
The shareholding of Acia Communications Technology (India) Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Acia Communications Technology (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Acia Communications Technology (India) 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 Acia Communications Technology (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acia Communications Technology (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA8549H1Z0 | Karnataka | Active | 17 Apr 2018 |
To see the full GST registrations and return filing status of Acia Communications Technology (India) Private Limited, buy the company report.
Recent activity
Acia Communications Technology (India) Private Limited has 10 board changes on record since 2021: 3 appointments and 7 cessations. The latest: Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 21 Apr 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Acia Communications Technology (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Acia Communications Technology (India) is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 24 August 2016 and is registered under CIN U74999KA2016FTC095984. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Acia Communications Technology (India) has 3 current directors:
- Navneet Hrishikesan - Director
- Pankaj Mitra - Director
- Vasudevan Gopu - Irp/Rp/Liquidator
The latest financial statements of Acia Communications Technology (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Acia Communications Technology (India) is U74999KA2016FTC095984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acia Communications Technology (India) was incorporated on 24 August 2016. It is registered with the Registrar of Companies, Bangalore.
Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 21 Apr 2023. Pankaj Mitra ceased to be Additional Director on 30 Sep 2022. Pankaj Mitra was appointed as Director on 11 May 2022. Acia Communications Technology (India) has 10 board changes on record in total.
Acia Communications Technology (India) can be reached through the website acacia-inc.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Acia Communications Technology (India) is at Brigade South Parade No. 10 Mahatma Gandhi Road Bangalore, Karnataka, India – 560001.
The GSTIN of Acia Communications Technology (India) is 29AAOCA8549H1Z0, registered in Karnataka.
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