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Accel Limited - Company Profile

It is a information technology public limited company based in Aminjikarai, Chennai 29, Tamil Nadu, India, established in 1991.

1991 | Aminjikarai, Chennai 29, Tamil Nadu, India | Amalgamated
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About Accel Limited

Accel Limited, a amalgamated public limited company, was established on 13 March 1991 in Aminjikarai, Chennai 29, Tamil Nadu, India. Engaging in it consulting & support services within the financial and insurance service sector, it holds CIN: U29309TN1991PLC020471. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹3.23 Cr.

Its leadership includes Narayana Pillai Reghoothama Panicker (Director), Chandrasekaran Ramakrishnan Kolumam (Additional Director), Chaniyilparampu Nanappan Ramchand (Additional Director). Past directors included Shanthi Chandrasekaran, Ganesh Ramamoorthi, Trivikrama Sadananda Prabhu. It holds ₹37.10 Cr open charges and ₹172.55 Cr settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at No.124, 3Rd Floor Nelson Manickam Road Aminjikarai, Chennai 29, Aminjikarai, Chennai 29, Tamil Nadu, 600029.

Company Details

  • CIN/LLPIN

    U29309TN1991PLC020471

  • Registration Number

    020471

  • Incorporation Date

    13 March 1991

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹3.23 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.23 Cr
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 37.10 Cr
  • Satisfied Charges ₹ 172.55 Cr
  • Revenue Growth -17.18%
  • Profit Growth -47.08%
  • Ebitda -11.20%
  • Net Worth 1.48%
  • Total Assets 1.94%
Company report

Accel Limited

Company Report FY 2025-2026

Explore comprehensive insights into Accel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Accel Limited?

Current Directors

NameDesignationAppointment DateStatus
Narayana Pillai Reghoothama PanickerDirector13 Mar 1991Current
Chandrasekaran Ramakrishnan KolumamAdditional Director07 Mar 2008Current
Chaniyilparampu Nanappan RamchandAdditional Director27 Oct 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary01 Dec 2011Past
Pramod AbcsddDirector01 Mar 2016Past
Pramod AbcsddDirector27 Oct 2016Past
Pramod AbcsddAdditional Director01 Apr 2016Past
Pramod AbcsddDirector07 Mar 2008Past

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Financial Performance of Accel.

Accel Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 17.18% decrease. The company also saw a substantial fall in profitability, with a 47.08% decrease in profit. The company's net worth moved up by a moderate rise of 1.48%.

Accel revenue growth over time
Accel profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.18%
Revenue from Operations
Total Assets
1.94%
Profit or Loss
-47.08%
Net Worth
1.48%
EBITDA
-11.20%

What is the Ownership and Shareholding Structure of Accel?

In 2017, Accel had a promoter holding of 75.61% and a public holding of 24.39%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹371,000,000.00

Satisfied Charges

₹1,725,500,000.00

Charges 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 2010City Union Bank Ltd₹7.50 MSatisfied
26 Mar 2009State Bank Of India₹8.00 CrSatisfied
26 Mar 2009State Bank Of India₹8.00 CrSatisfied
22 Feb 2007The Federal Bank Limited₹2.00 MSatisfied
22 Apr 2003State Bank Of India₹106.50 CrSatisfied

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How Many Employees Work at Accel?

Unlock and access historical data on people associated with Accel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Accel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Accel's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Accel

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 26 Mar 2009 via Charge ID 10158478 with State Bank Of India was fully satisfied on 22 Dec 2017. was completed.

  • Charges

    The activity A charge registered on 26 Mar 2009 via Charge ID 10159073 with State Bank Of India was fully satisfied on 22 Dec 2017. was completed.

  • Annual General Meeting

    The activity Accel Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Accel Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai. was completed.

  • Director Appointment

    The activity Chaniyilparampu Nanappan Ramchand was appointed as a Additional Director was appointed as a Additional Director on 27 Oct 2016 & has been associated with this company since 9 years 1 month . was completed.

  • Charges

    The activity A charge registered on 04 Aug 2010 via Charge ID 10236055 with City Union Bank Ltd was fully satisfied on 31 Mar 2016. was completed.

Frequently Asked Questions

  • What is the CIN of Accel Limited?

    The CIN of Accel Limited is U29309TN1991PLC020471.

  • Where is Accel Limited headquartered?

    Accel Limited is headquartered at No.124, 3Rd Floor Nelson Manickam Road Aminjikarai, Chennai 29, Aminjikarai, Chennai 29, Tamil Nadu, 600029.

  • When was Accel Limited incorporated?

    Accel Limited was incorporated on 13 March 1991.

  • Who are the current directors of Accel Limited?

    The current directors of Accel Limited are

  • What is the primary industry of Accel Limited?

    The primary industry of Accel Limited is Financial And Insurance Service.

  • Is Accel Limited a listed company?

    Accel Limited is unlisted.

  • What is the capital structure of Accel Limited?

    The authorized capital of Accel Limited is ₹6.00 Cr, and the paid-up capital is ₹3.23 Cr.

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