About Accel Techinnova Private Limited
Data last updated:
Accel Techinnova Private Limited is a private limited company based in Udaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 31 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2019PTC067606. Its GSTIN is 08AATCA1186D1ZK (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.48 Lakh. It is led by directors including Chandan Singh Chhajed and Chhajed Hemlata.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 C – 4 Pebble Heights New Navratan Complex, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.72 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹72,234 (net margin -0.8%) and EBITDA of ₹2.69 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 702% over five years.
The company is associated with 1 brand: Mheguru. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in August 2022. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Pragyay Digitech Private Limited with revenue of ₹88.31 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mheguru.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address201 C – 4 Pebble Heights New Navratan Complex, Udaipur, Rajasthan, India – 313001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Accel Techinnova Private Limited
The main business activity of Accel Techinnova is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Accel Techinnova Private Limited FY 2025 filings available
Accel Techinnova Private Limited reported revenue of ₹87.72 Lakh (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Accel Techinnova Private Limited
Revenue fell 81% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 702%. EBITDA rose 107% 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 Accel Techinnova Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹72,234 | •••• | •••• | •••• | •••• |
| 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 Accel Techinnova Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.8% | •••• | •••• | •••• | •••• |
| 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 Accel Techinnova 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.
Peer Comparison of Accel Techinnova Private Limited
Accel Techinnova Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pragyay Digitech Private Limited | ₹88.31 Lakh (FY 2025) | •••• | •••• | 100.0% | •••• | Indore, Madhya Pradesh, India |
| Rte Transweigh India Private Limited | ₹88.15 Lakh (FY 2025) | •••• | •••• | 21625.0% | •••• | Mumbai, Maharashtra, India |
| Electro Pure Aqua Systems Private Limited | ₹88.09 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Pune, Maharashtra, India |
| Smarterz Lab Private Limited | ₹88 Lakh (FY 2023) | •••• | •••• | 1052.0% | •••• | Chennai, Tamil Nadu, India |
| Dynamic Engitech Private Limited | ₹87.9 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Ahmedabad, Gujarat, India |
| Accel Techinnova Private Limited this company | ₹87.72 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Udaipur, Rajasthan, India |
| Lenka Vanes Limited | ₹87.7 Lakh (FY 2023) | •••• | •••• | 90.0% | •••• | Hyderabad, Telangana, India |
| Mekar Air Handling Units Private Limited | ₹87.55 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| Spark Abrasive Private Limited | ₹87.5 Lakh (FY 2022) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| PSR Power Systems Research India Private Limited | ₹87.46 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Pune, Maharashtra, India |
| Accurate Moulds and Machines Private Limited | ₹87.41 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Accel Techinnova by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Accel Techinnova Private Limited
Accel Techinnova Private Limited is audited by DURGA KRISHNAMURTHI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHI & 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.
Board of Directors of Accel Techinnova Private Limited
Accel Techinnova has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Chhaajed | Additional Director | 16 Jul 2021 | 5 Years 2 Months | Current |
| Chandan Singh Chhajed | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Manish Chhajed | Additional Director | 16 Jul 2021 | 5 Years 2 Months | Current |
| Chhajed Hemlata | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Accel Techinnova 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 Accel Techinnova Private Limited
Accel Techinnova Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Accel Techinnova Private Limited
Accel Techinnova Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in August 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹1 Cr | Investors: an individual |
Full deal history
All 1 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.
Associated Brands with Accel Techinnova Private Limited
Accel Techinnova operates one associated brand: MHEGURU. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides repair, rental, and consultancy for material handling equipment services. | mheguru.com |
Employees and EPFO Compliance at Accel Techinnova Private Limited
Employment history and EPFO contributions of people linked to Accel Techinnova.
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 Accel Techinnova Private Limited
Accel Techinnova Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Jayant Chhaajed was appointed as Additional Director on 16 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Accel Techinnova 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 Accel Techinnova 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 Accel Techinnova 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 Accel Techinnova Private Limited
Accel Techinnova has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AATCA1186D1ZK | Rajasthan | Active | 16 Jan 2020 |
| 24AATCA1186D1ZQ | Gujarat | Active | 22 Jun 2020 |
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 Accel Techinnova 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 Accel Techinnova Private Limited
Accel Techinnova is an active private limited company based in Udaipur, Rajasthan, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 31 December 2019 (7+ years old) and is registered under CIN U74999RJ2019PTC067606.
Accel Techinnova reported revenue of ₹87.72 Lakh for FY 2025 (down 81% YoY).
Accel Techinnova has 4 current directors:
- Jayant Chhaajed - Additional Director
- Chandan Singh Chhajed - Director
- Manish Chhajed - Additional Director
- Chhajed Hemlata - Director
Accel Techinnova reported a net loss of ₹72,234 (net margin -0.8%) and EBITDA of ₹2.69 Lakh (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Accel Techinnova is -30% over three years and 702% over five years. In the latest year (FY 2025) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Accel Techinnova is 08AATCA1186D1ZK, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AATCA1186D1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Accel Techinnova is U74999RJ2019PTC067606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accel Techinnova was incorporated on 31 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
Accel Techinnova has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in August 2022.
The peers of Accel Techinnova by revenue are Pragyay Digitech Private Limited, Rte Transweigh India Private Limited, Electro Pure Aqua Systems Private Limited, Smarterz Lab Private Limited, Dynamic Engitech Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Jayant Chhaajed was appointed as Additional Director on 16 Jul 2021. Manish Chhajed was appointed as Additional Director on 16 Jul 2021. Chandan Singh Chhajed was appointed as Director on 31 Dec 2019. Accel Techinnova has 4 board changes on record in total.