About Accelerate Productx Ventures Private Limited
Data last updated: 26 December 2025
Accelerate Productx Ventures Private Limited is a private limited company based in Delhi, Delhi, India, recognised as a startup by DPIIT. It specialises in food and beverage distribution, a part of the broader food and beverages sector. Incorporated on 28 February 2019, the company has been in operation for over 7 years.
Registered with ROC Delhi under CIN U74999DL2019PTC346742.
Capital: an authorised share capital of ₹11.2 Lakh and a paid-up capital of ₹4.34 Lakh. It is led by directors including Charak Almast and Mani Dev Gyawali.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: C – 39 East Of Kailash New Delhi South Delhi, Delhi, India – 110065.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.25 Cr, a decline of 80% compared to the previous year.
The company has a workforce of approximately 20 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands - Productx Ventures, New Shop. As per MCA filings, the company has open charges of ₹52.51 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thenewshop.in.
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Registered AddressC – 39 East Of Kailash New Delhi South Delhi, Delhi, India – 110065
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IndustryFood and Beverages, Food & Beverage Retail & Distribution
- 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
Associated Brands with Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited operates two associated brands: ProductX Ventures and New Shop. These brands represent Accelerate Productx Ventures Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Niche consumer products are sourced and supplied to clients. | productxventures.com | |
| New Shop is recognized as India's leading 24/7 convenience store chain. | thenewshop.in |
Business Activity of Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Accelerate Productx Ventures Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited is audited by SHAILENDRA K JAIN & ASSOCIATIES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAILENDRA K JAIN & ASSOCIATIES | Locked | Locked | Locked |
Complete auditor history for Accelerate Productx Ventures Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
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Charak Almast
Also directs:
Motion Punch Studios Private Limited
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Director | 28 Feb 2019 | 7 Years 5 Months | Current |
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Mani Dev Gyawali
Also directs:
Motion Punch Studios Private Limited
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Director | 28 Feb 2019 | 7 Years 5 Months | Current |
| Aastha Almast | Director | 28 Feb 2019 | 7 Years 5 Months | Current |
Financials of Accelerate Productx Ventures Private Limited FY 2024 filings available
Accelerate Productx Ventures Private Limited reported revenue of ₹8.25 Cr (down 80.00% YoY) for FY 2024.
Ten-year financial statements for Accelerate Productx Ventures Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Accelerate Productx Ventures Private Limited
Shareholding and ownership data for Accelerate Productx Ventures Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Accelerate Productx Ventures Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Blends Fruit Snacks Private Limited | U15400DL2019PTC352227 | Locked |
| New Shop Cstore Network Private Limited | U52609DL2021PTC388990 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Accelerate Productx Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2025 | Axis Bank Limited | ₹32.51 Lakh | Open |
| 09 Apr 2025 | Indian Overseas Bank | ₹10 Lakh | Open |
| 13 Oct 2020 | Others | ₹10 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited has a workforce of 20 employees as of Apr 07, 2024.
Employee and EPFO history for Accelerate Productx Ventures Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Accelerate Productx Ventures Private Limited
GST registrations and filing compliance for Accelerate Productx Ventures Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Accelerate Productx Ventures Private Limited
Credit ratings, litigation, and regulatory alerts for Accelerate Productx Ventures Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Accelerate Productx Ventures Private Limited
MSME payment history for Accelerate Productx Ventures Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Accelerate Productx Ventures Private Limited
Corporate group structure for Accelerate Productx Ventures Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Accelerate Productx Ventures Private Limited
MCA filings and documents for Accelerate Productx Ventures Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Accelerate Productx Ventures Private Limited
Recent News on Accelerate Productx Ventures Private Limited
Frequently Asked Questions about Accelerate Productx Ventures Private Limited
Accelerate Productx Ventures Private Limited is an active private limited company in the food and beverages sector based in Delhi, Delhi, India. It was incorporated on 28 February 2019 (7+ years old) and is registered under CIN U74999DL2019PTC346742. The company has 20 employees.
Accelerate Productx Ventures Private Limited reported revenue of ₹8.25 Cr for FY 2024 (down 80.00% YoY).
The current directors of Accelerate Productx Ventures Private Limited are:
- Charak Almast - Director
- Mani Dev Gyawali - Director
- Aastha Almast - Director
The primary industry of Accelerate Productx Ventures Private Limited is food and beverages. The company specifically operates in food and beverage retail and distribution. The company is currently active in this sector.
Yes, Accelerate Productx Ventures Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Accelerate Productx Ventures Private Limited can be reached at the registered office: C – 39 East Of Kailash New Delhi South Delhi, Delhi, India – 110065, or through the website thenewshop.in.