Accel Limited - information technology in Aminjikarai, Chennai 29, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U29309TN1991PLC020471 Incorporated 13 March 1991 ROC Chennai HQ Aminjikarai, Chennai 29, Tamil Nadu, India
Merged Public Limited Company information technology
Data last updated
Revenue · FY 2017
₹2.8 Cr
▼ 17.18% YoY
EBITDA · FY 2017
Locked
In full report
Net profit · FY 2017
Locked
In full report
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3.23 Cr
Issued & subscribed
Open charges
₹37.1 Cr
Satisfied ₹172.55 Cr
Company age
35 yrs
Est. 1991
Last financials
Mar 2017
Balance sheet date

About Accel Limited

Data last updated: 24 July 2025

Accel Limited was a public limited company based in Aminjikarai, Chennai 29, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 13 March 1991.

Registered with ROC Chennai under CIN U29309TN1991PLC020471.

Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.23 Cr. It was led by directors including Narayana Pillai Reghoothama Panicker and Chandrasekaran Ramakrishnan Kolumam.

Last AGM: 30 September 2017. Financial statements filed for year ended 31 March 2017. Office: No.124 3Rd Floor Nelson Manickam Road Aminjikarai Chennai 29, Tamil Nadu, India – 600029.

As per the financials filed for FY 2017, the company reported a revenue of ₹2.8 Cr, a decline of 17.18% compared to the previous year.

Its group structure included 3 subsidiaries.

As per MCA filings, the company had open charges of ₹37.1 Cr and satisfied charges of ₹172.55 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is accel-india.com.

Company Details of Accel Limited
CIN U29309TN1991PLC020471
Registration Number 020471
Incorporation Date 13 March 1991
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    No.124 3Rd Floor Nelson Manickam Road Aminjikarai Chennai 29, Tamil Nadu, India – 600029
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Accel Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Accel Limited

Accel Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
Locked Financial and insurance Service Locked Other financial activities Locked
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Auditor Details of Accel Limited

Accel Limited is audited by S K RAM ASSOCIATES for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S K RAM ASSOCIATES Locked Locked Locked
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Board of Directors of Accel Limited

Accel Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Narayana Pillai Reghoothama Panicker Director 13 Mar 1991 35 Years 5 Months As last reported
Chandrasekaran Ramakrishnan Kolumam Additional Director 07 Mar 2008 18 Years 5 Months As last reported
Chaniyilparampu Nanappan Ramchand Additional Director 27 Oct 2016 9 Years 9 Months As last reported

Financials of Accel Limited FY 2017 filings available

Accel Limited reported revenue of ₹2.8 Cr (down 17.18% YoY) for FY 2017.

Revenue · FY 2017
₹2.8 Cr ▼ 17.18%
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Ten-year financial statements for Accel Limited

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Ownership and Shareholding of Accel Limited

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Shareholding and ownership data for Accel Limited

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Group Structure of Accel Limited

Accel Limited has 3 subsidiary companies. This group structure data is as of FY 2017. The corporate group structure reflects Accel Limited's business expansion strategy and organizational complexity.

3
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Accel Transmatic Limited L30007TN1986PLC100219 Locked
Accel Tele.Net Limited U64201TN2000PLC044470 Locked
Accel Media Ventures Limited U74999TN1987PLC014976 Locked

Showing major subsidiaries. Total: 3.

Charges & Borrowings of Accel Limited

Open charges
₹37.1 Cr
Satisfied charges
₹172.55 Cr
Breakdown by lending institutions
State Bank of India₹122.50 Cr
Icici Banking Corporation Ltd.₹15.50 Cr
Icici Bank Ltd.₹14.00 Cr
Indian Overseas Bank₹7.65 Cr
Icici Equity Fund₹7.00 Cr
Others₹5.90 Cr
Latest charge details
DateLenderAmountStatus
04 Aug 2010 City Union Bank Ltd ₹75 Lakh Satisfied
26 Mar 2009 State Bank of India ₹8 Cr Satisfied
26 Mar 2009 State Bank of India ₹8 Cr Satisfied
22 Feb 2007 The Federal Bank Limited ₹20 Lakh Satisfied
22 Apr 2003 State Bank of India ₹106.5 Cr Satisfied

Total charge records: 17 View all charges

Employees and EPFO Compliance at Accel Limited

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Employee and EPFO history for Accel Limited

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GST Compliance of Accel Limited

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GST registrations and filing compliance for Accel Limited

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Credit Ratings, Litigation & Regulatory Alerts for Accel Limited

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Credit ratings, litigation, and regulatory alerts for Accel Limited

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MSME Payment Delays by Accel Limited

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MSME payment history for Accel Limited

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Subsidiaries & Group Companies of Accel Limited

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Corporate group structure for Accel Limited

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MCA Filings & Documents of Accel Limited

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MCA filings and documents for Accel Limited

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Recent Activity on Accel Limited

Charges
22 Dec 2017
A charge registered on 26 Mar 2009 via Charge ID 10158478 with State Bank Of India was fully satisfied on 22 Dec 2017.
Charges
22 Dec 2017
A charge registered on 26 Mar 2009 via Charge ID 10159073 with State Bank Of India was fully satisfied on 22 Dec 2017.
Activity
30 Sep 2017
Accel Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Activity
31 Mar 2017
Accel Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Directors
27 Oct 2016
Chaniyilparampu Nanappan Ramchand was appointed as a Additional Director on 27 Oct 2016 & has been associated with this company since 9 years 9 months.
Charges
31 Mar 2016
A charge registered on 04 Aug 2010 via Charge ID 10236055 with City Union Bank Ltd was fully satisfied on 31 Mar 2016.

Recent News on Accel Limited

Frequently Asked Questions about Accel Limited

Accel Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Accel Limited is a amalgamated public limited company in the information technology sector based in Aminjikarai, Chennai 29, Tamil Nadu, India. It was incorporated on 13 March 1991 and is registered under CIN U29309TN1991PLC020471. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Accel Limited was incorporated on 13 March 1991. Registered with ROC Chennai.

The current directors of Accel Limited are:

The CIN (Corporate Identification Number) of Accel Limited is U29309TN1991PLC020471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Accel Limited is information technology. The company specifically operates in IT consulting and support services.

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