Accelerate Automotives Private Limited - Company Profile

It is a automotive private limited company based in Bangalore, Karnataka, India, established in 2012.
2012 Bangalore, Karnataka, India Active
Last Updated:
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About Accelerate Automotives Private Limited

Accelerate Automotives Private Limited, a active private limited company, was established on 14 November 2012 in Bangalore, Karnataka, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50404KA2012PTC066717. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 98 professional, Its leadership includes Vamsi Karthik Parvathaneni (Managing Director), Raghuveer Kunduru (Director), Lakshmi Reddy Kunduru (Director). Past directors included Vamsi Karthik Parvathaneni, Kanuri Aparna. It holds ₹6.06 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No2, Shiva Garden Hoskote, Bangalore, Karnataka, 562114.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U50404KA2012PTC066717

  • Registration Number

    066717

  • Incorporation Date

    14 November 2012

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 6.06 Cr
  • Revenue Growth **** -5.30%
  • Profit Growth **** -29.47%
  • Ebitda **** -27.39%
  • Net Worth -24.44%
  • Total Assets -9.22%
Company report

Accelerate Automotives Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Accelerate Automotives Private 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 Accelerate Automotives Private Limited?
Current Directors
Name Designation Appointment Date Status
Vamsi Karthik Parvathaneni Managing Director 14 Nov 2012 Current
Raghuveer Kunduru Director 14 Nov 2012 Current
Lakshmi Reddy Kunduru Director 14 Nov 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Nov 2012 Past
Pramod Abcsdd Whole-Time Director 14 Jun 2017 Past

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Financial Performance of Accelerate Automotives.

Accelerate Automotives Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.3% decrease. The company also saw a substantial fall in profitability, with a 29.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.44%.

Accelerate Automotives revenue growth over time
Accelerate Automotives profit and loss trends over time
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
  • 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
********
 -5.30%
*******
*******
*******
*******
Revenue from Operations
*******
 -5.30%
*******
*******
*******
*******
Total Assets
*******
 -9.22%
*******
*******
*******
*******
Profit or Loss
*******
 -29.47%
*******
*******
*******
*******
Net Worth
*******
 -24.44%
*******
*******
*******
*******
EBITDA
*******
 -27.39%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Accelerate Automotives?

Unlock access to Accelerate Automotives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹60,648,681.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 6.06 Cr
Latest Charge Details
Date Lender Amount Status
17 Feb 2023 Hdfc Bank Limited ₹2.48 M Open
27 Feb 2013 Hdfc Bank Limited ₹5.82 Cr Open

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How Many Employees Work at Accelerate Automotives?

Accelerate Automotives has a workforce of 98 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accelerate Automotives, 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 Accelerate Automotives'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

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 Accelerate Automotives
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Accelerate Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.82 Cr registered on 27 Feb 2013 with Charge ID 10419522 was modified on 02 Jun 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on Accelerate Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100717119 was registered on 17 Feb 2023. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.82 Cr with Charge ID 10419522 was registered on 27 Feb 2013. was recorded as a recent event.

  • Director Appointment

    Progress on Vamsi Karthik Parvathaneni was appointed as a Managing Director was appointed as a Managing Director on 14 Nov 2012 & has been associated with this company since 13 years 5 months . was documented.

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Frequently Asked Questions
What is the CIN of Accelerate Automotives Private Limited?

The CIN of Accelerate Automotives Private Limited is U50404KA2012PTC066717.

Where is Accelerate Automotives Private Limited headquartered?

Accelerate Automotives Private Limited is headquartered at Plot No2, Shiva Garden Hoskote, Bangalore, Karnataka, 562114.

When was Accelerate Automotives Private Limited incorporated?

Accelerate Automotives Private Limited was incorporated on 14 November 2012.

Who are the current directors of Accelerate Automotives Private Limited?

The current directors of Accelerate Automotives Private Limited are

What is the primary industry of Accelerate Automotives Private Limited?

The primary industry of Accelerate Automotives Private Limited is Trade.

Is Accelerate Automotives Private Limited a listed company?

Accelerate Automotives Private Limited is unlisted.

What is the capital structure of Accelerate Automotives Private Limited?

The authorized capital of Accelerate Automotives Private Limited is ₹1.00 Cr, and the paid-up capital is ₹5.00 M.

What is the compliance status of Accelerate Automotives Private Limited?

The compliance status of Accelerate Automotives Private Limited is Compliant.

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