Accel Limited - Company Profile

Q: Who are the current directors of Accel Limited?

The current directors of Accel Limited are Narayana Pillai Reghoothama Panicker, Chandrasekaran Ramakrishnan Kolumam, Chaniyilparampu Nanappan Ramchand.

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

Last Updated: July 24, 2025

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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 Metrics

Authorised Capital ₹ 6.00 Cr as on 24-07-2025
Paid Up Capital ₹ 3.23 Cr as on 24-07-2025
Company Age 35 Year, 2 Days
Last Filing with ROC 31 Mar 2017
Open Charges ₹ 37.10 Cr as on 24-07-2025
Satisfied Charges ₹ 172.55 Cr as on 24-07-2025
Revenue Growth **** -17.18% (FY 2017)
Profit Growth **** -47.08% (FY 2017)
Ebitda **** -11.20% (FY 2017)
Net Worth 1.48% (FY 2017)
Total Assets **** 1.94% (FY 2017)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Narayana Pillai Reghoothama Panicker	Director	13 Mar 1991	Current
Chandrasekaran Ramakrishnan Kolumam	Additional Director	07 Mar 2008	Current
Chaniyilparampu Nanappan Ramchand	Additional Director	27 Oct 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	01 Dec 2011	Past
Pramod Abcsdd	Director	01 Mar 2016	Past
Pramod Abcsdd	Director	27 Oct 2016	Past
Pramod Abcsdd	Additional Director	01 Apr 2016	Past
Pramod Abcsdd	Director	07 Mar 2008	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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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

Date	Lender	Amount	Status
04 Aug 2010	City Union Bank Ltd	₹7.50 M	Satisfied
26 Mar 2009	State Bank Of India	₹8.00 Cr	Satisfied
26 Mar 2009	State Bank Of India	₹8.00 Cr	Satisfied
22 Feb 2007	The Federal Bank Limited	₹2.00 M	Satisfied
22 Apr 2003	State Bank Of India	₹106.50 Cr	Satisfied

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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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.
22 Dec 2017
Charges

Progress on A charge registered on 26 Mar 2009 via Charge ID 10159073 with State Bank Of India was fully satisfied on 22 Dec 2017. was documented.
22 Dec 2017
Annual General Meeting

Accel Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was recorded as a recent event.
30 Sep 2017
Balance Sheet

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

Progress on 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 4 months . was documented.
27 Oct 2016
Charges

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

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