Accelerate Automotives Private Limited
About Accelerate Automotives Private Limited
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Accelerate Automotives Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50404KA2012PTC066717. Its GSTIN is 29AALCA0974F1ZI (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Vamsi Karthik Parvathaneni (Managing Director) and Raghuveer Kunduru.
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 Plot No2 Shiva Garden Hoskote, Bangalore, Karnataka, India – 562114.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.71 Cr, a growth of 5% compared to the previous year.
The company has about 98 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No2 Shiva Garden Hoskote, Bangalore, Karnataka, India – 562114
- IndustryAutomotive, Auto Dealership & Trading
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Accelerate Automotives
The main business activity of Accelerate Automotives is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
Business activity turnover details for Accelerate Automotives Private Limited
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.
Auditor Details of Accelerate Automotives
Accelerate Automotives Private Limited is audited by G P ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G P ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Accelerate Automotives Private Limited
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 Accelerate Automotives Private Limited
Accelerate Automotives has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vamsi Karthik Parvathaneni | Managing Director | 14 Nov 2012 | 13 Years 10 Months | Current |
| Raghuveer Kunduru Also directs: Aarathi Energy Ventures Private Limited | Director | 14 Nov 2012 | 13 Years 10 Months | Current |
| Lakshmi Reddy Kunduru | Director | 14 Nov 2012 | 13 Years 10 Months | Current |
Financials of Accelerate Automotives Private Limited FY 2025 filings available
Accelerate Automotives Private Limited reported revenue of ₹44.71 Cr (up 5.00% YoY) for FY 2025.
Ten-year financial statements for Accelerate Automotives Private Limited
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.
Ownership and Shareholding of Accelerate Automotives
Shareholding and ownership data for Accelerate Automotives Private Limited
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 Accelerate Automotives
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2023 | Hdfc Bank Limited | ₹24.82 Lakh | Open |
| 27 Feb 2013 | Hdfc Bank Limited | ₹5.82 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Accelerate Automotives
Accelerate Automotives Private Limited has a workforce of 98 employees as of Apr 07, 2024.
Employee and EPFO history for Accelerate Automotives Private Limited
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.
GST Compliance of Accelerate Automotives
Accelerate Automotives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA0974F1ZI | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance for Accelerate Automotives Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Accelerate Automotives
Credit ratings, litigation, and regulatory alerts for Accelerate Automotives Private Limited
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 Accelerate Automotives
MSME payment history for Accelerate Automotives Private Limited
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 Accelerate Automotives
Corporate group structure for Accelerate Automotives Private Limited
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.
MCA Filings & Documents of Accelerate Automotives
MCA filings and documents for Accelerate Automotives Private Limited
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.
Recent Activity on Accelerate Automotives
Frequently Asked Questions about Accelerate Automotives Private Limited
Accelerate Automotives is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 November 2012 (14+ years old) and is registered under CIN U50404KA2012PTC066717.
Accelerate Automotives reported revenue of ₹44.71 Cr for FY 2025 (up 5.00% YoY).
Accelerate Automotives has 3 current directors:
- Vamsi Karthik Parvathaneni - Managing Director
- Raghuveer Kunduru - Director
- Lakshmi Reddy Kunduru - Director
The GSTIN of Accelerate Automotives is 29AALCA0974F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Accelerate Automotives is U50404KA2012PTC066717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accelerate Automotives was incorporated on 14 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Accelerate Automotives is at Plot No2 Shiva Garden Hoskote, Bangalore, Karnataka, India – 562114.
Accelerate Automotives has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh.
Accelerate Automotives operates in the automotive industry, in the auto dealership and trading segment.