
About Acsz Tech Private Limited
Data last updated:
Acsz Tech Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 19 June 2019.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC130006. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹34.03 Lakh. It is led by directors including Rangarajan Madhusudanan and Muthukumar Ayyakkannu.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 17 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹60.24 Lakh (net margin -34.1%) and EBITDA of -₹2.6 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 571% over three years.
The company is associated with 1 brand: Wizi. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.08 Cr; the latest was in October 2021. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Mufinpay Payment Solutions Private Limited with revenue of ₹1.96 Cr.
The last known website on record is acsz.in.
Recognitions & Rankings of Acsz Tech
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address17 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryFinancial Services, Digital Payment Solutions
- 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 Acsz Tech Private Limited
The main business activity of Acsz Tech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Acsz Tech Private Limited FY 2024 filings available
Acsz Tech Private Limited reported revenue of ₹1.76 Cr (up 2037% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Acsz Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 571% over three years. EBITDA rose 73% 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 of Acsz Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹2.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹60.24 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 Acsz Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -34.1% | •••• | •••• | •••• | •••• |
| 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 Acsz Tech are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Acsz Tech Private Limited
Acsz Tech has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangarajan Madhusudanan Also directs: Finana Partners LLP, Chennai-Falcons E-Cricket League LLP, FF Payments Tech Private Limited and 5 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Muthukumar Ayyakkannu Also directs: FF Payments Tech Private Limited, Conflux Technologies Private Limited, M2p BSG Itsoft Private Limited and 5 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Prabhu Rangarajan Also directs: Finana Partners LLP, FF Payments Tech Private Limited, Conflux Technologies Private Limited and 5 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
Peer Comparison of Acsz Tech Private Limited
Acsz Tech Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mufinpay Payment Solutions Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Anshika Fintech Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Sakchi, Jharkhand, India |
| Waf Entrepreneurs Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mohali, Punjab, India |
| At Moon Ventures Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | 1763.0% | •••• | Thane, Maharashtra, India |
| Cojective Digital Payment and Trading Services Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
| Acsz Tech Private Limited this company | ₹1.76 Cr (FY 2024) | •••• | •••• | 2037.0% | •••• | Chennai, Tamil Nadu, India |
| Buckzy Payments Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ernakulam, Kerala, India |
| Troika Transsolutions Private Limited | ₹1.74 Cr (FY 2021) | •••• | •••• | 19.0% | •••• | Delhi, India |
| PJD Technologies India Limited | ₹1.73 Cr (FY 2020) | •••• | •••• | 2033.0% | •••• | New Delhi, Delhi, India |
| Wireattire Technology Private Limited | ₹1.69 Cr (FY 2023) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Fly India Paytech Private Limited | ₹1.68 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Acsz Tech by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Acsz Tech Private Limited
Acsz Tech Private Limited is audited by K N P & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N P & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Acsz Tech 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 Acsz Tech Private Limited
Acsz Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Acsz Tech Private Limited
Acsz Tech Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.08 Cr; the latest was in October 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: M2p Solutions Private Limited Seller: 4 individuals |
| Mar 2021 | Funding round | ₹10 Lakh | Investors: an individual |
| Oct 2020 | Funding round | ₹82.9 Lakh | Investors: Anicut Angel Fund, 3 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2019 | Rights issue | ₹78 Lakh | Investors: Mse Financial Services Limited, 3 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Acsz Tech Private Limited
Employment history and EPFO contributions of people linked to Acsz Tech.
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 Acsz Tech Private Limited
Acsz Tech Private Limited has 8 board changes on record since 2023: 3 appointments and 5 cessations. The latest: Muthukumar Ayyakkannu ceased to be Additional Director on 14 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Acsz Tech 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 Acsz Tech 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 Acsz Tech 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 Acsz Tech Private Limited
Acsz Tech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Acsz Tech 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 Acsz Tech Private Limited
Acsz Tech is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Acsz Tech is a company pending strike off, currently registered as a private limited company based in Chennai, Tamil Nadu, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 19 June 2019 and is registered under CIN U72900TN2019PTC130006. The company may be struck off soon - caution is advised.
Acsz Tech has 3 current directors:
- Rangarajan Madhusudanan - Director
- Muthukumar Ayyakkannu - Director
- Prabhu Rangarajan - Director
The CIN (Corporate Identification Number) of Acsz Tech is U72900TN2019PTC130006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acsz Tech was incorporated on 19 June 2019. It is registered with the Registrar of Companies, Chennai.
Yes, Acsz Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Acsz Tech can be reached through the website acsz.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Acsz Tech is at 17 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004.
Acsz Tech reported revenue of ₹1.76 Cr for FY 2024 (up 2037% YoY).
Acsz Tech has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹34.03 Lakh.
Acsz Tech reported a net loss of ₹60.24 Lakh (net margin -34.1%) and EBITDA of -₹2.6 Lakh (EBITDA margin -1.5%) for FY 2024, as per its filed financial statements.