Accelup Innovations Private Limited
About Accelup Innovations Private Limited
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Accelup Innovations Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 August 2019.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC135033. Its GSTIN is 36AASCA6605Q1ZX (Telangana).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Smitha Kareddy and Suresh Babu Redyam.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No # 1090 Road No – 55 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.36 Lakh. For the same year it recorded a net loss of ₹21.41 Lakh (net margin -491.6%) and EBITDA of -₹21.4 Lakh (EBITDA margin -491.2%).
Company details
Contact details
Accelup Innovations Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No # 1090 Road No – 55 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Accelup Innovations Private Limited, buy the company report.
- 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
Financials of Accelup Innovations Private Limited
FY 2021 filings availableAccelup Innovations Private Limited reported revenue of ₹4.36 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹4.36 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹21.4 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹21.41 Lakh |
| 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
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | -491.2% |
| Net Profit Margin | -491.6% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Accelup Innovations Private Limited, buy the company report.
Board of directors of Accelup Innovations Private Limited
Accelup Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smitha Kareddy | Director | 26 Aug 2019 | 7 Years 2 Months | As last reported |
| Suresh Babu Redyam Also directs: Exquisite Eats LLP, Exquisite Kitchens Private Limited, Jharoka Furniture LLP and 2 more | Director | 26 Aug 2019 | 7 Years 2 Months | As last reported |
Legal cases
No court or tribunal cases involving Accelup Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Accelup Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Accelup Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AASCA6605Q1ZX | Telangana | Active | 24 Oct 2019 |
To see the full GST registrations and return filing status of Accelup Innovations Private Limited, buy the company report.
Recent activity
Accelup Innovations Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Smitha Kareddy was appointed as Director on 26 Aug 2019.
Frequently asked questions
Accelup Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Accelup Innovations was a private limited company based in Hyderabad, Telangana, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 26 August 2019 and is registered under CIN U72900TG2019PTC135033. The company has been struck off by the Registrar of Companies and is no longer operational.
Accelup Innovations had 2 directors:
- Smitha Kareddy - Director
- Suresh Babu Redyam - Director
The CIN (Corporate Identification Number) of Accelup Innovations is U72900TG2019PTC135033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Accelup Innovations is at Plot No # 1090 Road No – 55 Jubilee Hills, Hyderabad, Telangana, India – 500033.
Accelup Innovations was incorporated on 26 August 2019. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Accelup Innovations on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Accelup Innovations is 36AASCA6605Q1ZX, registered in Telangana.
Accelup Innovations operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
Smitha Kareddy was appointed as Director on 26 Aug 2019. Suresh Babu Redyam was appointed as Director on 26 Aug 2019.