Acasia Tele Services Private Limited
About Acasia Tele Services Private Limited
Data last updated:
Acasia Tele Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 June 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32202MH1998PTC115387. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2.53 Lakh. It was led by directors Mohnish Narayan Shete and Ravindranath Somnath Pujari.
Its last annual general meeting (AGM) was held on 21 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹14.88 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹94.99 Cr and EBITDA of -₹95.07 Cr. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years.
As per MCA filings, the company had satisfied charges of ₹7.5 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Company details
Contact details
Acasia Tele Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 303 Third Floor Gayatri S.R.A. Chs Ltd. Umeda Ashram Road Opp Rajada School Bo, Rivali (W), Mumbai, Maharashtra, India – 400092
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Acasia Tele Services 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 Acasia Tele Services Private Limited
FY 2018 filings availableAcasia Tele Services Private Limited reported revenue of ₹14.88 Lakh (up 5% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 92%. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹14.88 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹95.07 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹94.99 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Acasia Tele Services Private Limited, buy the company report.
Board of directors of Acasia Tele Services Private Limited
Acasia Tele Services 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 |
|---|---|---|---|---|
| Mohnish Narayan Shete | Director | 18 Jun 1998 | 28 Years 4 Months | As last reported |
| Ravindranath Somnath Pujari | Director | 03 Dec 2014 | 11 Years 11 Months | As last reported |
Auditor
Acasia Tele Services Private Limited is audited by J V KULKARNI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J V KULKARNI & ASSOCIATES | FY 2017 | 129601W |
Shareholding
The shareholding of Acasia Tele Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Acasia Tele Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2003 | 90236242 | Small Iindustries Development Bank of India | ₹7.5 Cr | Satisfied |
To see the full charge records of Acasia Tele Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Acasia Tele Services Private Limited has 5 court cases on record: 4 filed by Acasia Tele Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| NCLT | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by GTL Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Auspice Trading Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Shree Ram International | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Acasia Tele Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acasia Tele Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acasia Tele Services 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 Acasia Tele Services Private Limited, buy the company report.
Recent activity
Acasia Tele Services Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Ravindranath Somnath Pujari ceased to be Additional Director on 23 Dec 2014.
Frequently asked questions
Acasia Tele Services has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Acasia Tele Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 June 1998 and is registered under CIN U32202MH1998PTC115387. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Acasia Tele Services was incorporated on 18 June 1998. It is registered with the Registrar of Companies, Mumbai.
Acasia Tele Services had 2 directors:
- Mohnish Narayan Shete - Director
- Ravindranath Somnath Pujari - Director
The CIN (Corporate Identification Number) of Acasia Tele Services is U32202MH1998PTC115387. 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 Acasia Tele Services is at Flat No. 303 Third Floor Gayatri S.R.A. Chs Ltd. Umeda Ashram Road Opp Rajada School Bo, Rivali W, Mumbai, Maharashtra, India – 400092.
The latest financial statements of Acasia Tele Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 21 September 2018. Year-wise statements from 2015 are in the company report.
No. Acasia Tele Services has 1 GST registration on record and it is cancelled or inactive.
Acasia Tele Services operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Acasia Tele Services has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
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