About Accendo Technologies Private Limited
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Accendo Technologies 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 December 2012.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2012PTC084809. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.08 Cr. It was led by directors Suseela Challa and Kotisurya Prakasa Rao Challa.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 16 – 3 – 207 Plot No 83 Vasantha Nagar Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500085.
As per the financials filed for FY 2018, the company reported a revenue of ₹42.8 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹12.9 Lakh (net margin 30.1%) and EBITDA of ₹15.22 Lakh (EBITDA margin 35.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
The company had about 3 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Accendo Technologies.
The last known website on record is accendotechnologies.com.
Company details
CIN history
Accendo Technologies has one previous CIN (Corporate Identification Number): U72200AP2012PTC084809. The current CIN is U72200TG2012PTC084809, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2012PTC084809 | Current |
| U72200AP2012PTC084809 | Previous |
Contact details
Accendo Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is accendotechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address16 – 3 – 207 Plot No 83 Vasantha Nagar Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500085
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Accendo Technologies 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
Brands
Accendo Technologies operates one associated brand: Accendo Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based applicant tracking and recruitment tools are provided. | accendotechnologies.com |
Business activity
The main business activity of Accendo Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Accendo Technologies Private Limited, buy the company report.
Financials of Accendo Technologies Private Limited
FY 2018 filings availableAccendo Technologies Private Limited reported revenue of ₹42.8 Lakh (up 74% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over three years, including 74% growth in the latest year. EBITDA rose 51% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹42.8 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹15.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.9 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 35.6% | |||
| Net Profit Margin | 30.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Accendo Technologies Private Limited, buy the company report.
Board of directors of Accendo Technologies Private Limited
Accendo Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suseela Challa | Director | 19 Mar 2015 | 11 Years 7 Months | As last reported |
| Kotisurya Prakasa Rao Challa | Director | 19 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Accendo Technologies Private Limited is audited by AKASAM & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKASAM & ASSOCIATES | FY 2018 | 005832S |
Shareholding
The shareholding of Accendo Technologies Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Accendo Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Accendo Technologies 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 Accendo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accendo Technologies Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Accendo Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Accendo Technologies Private Limited, buy the company report.
Recent activity
Accendo Technologies Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Bende Goutham ceased to be Director on 12 Jun 2017.
Frequently asked questions
Accendo Technologies 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.
Accendo Technologies was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 13 December 2012 and is registered under CIN U72200TG2012PTC084809. The company has been struck off by the Registrar of Companies and is no longer operational.
Accendo Technologies had 2 directors:
- Suseela Challa - Director
- Kotisurya Prakasa Rao Challa - Director
The CIN (Corporate Identification Number) of Accendo Technologies is U72200TG2012PTC084809. 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 Accendo Technologies is at 16 – 3 – 207 Plot No 83 Vasantha Nagar Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500085.
Accendo Technologies was incorporated on 13 December 2012. It is registered with the Registrar of Companies, Hyderabad.
Accendo Technologies can be reached through the website accendotechnologies.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Accendo Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Accendo Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
Accendo Technologies operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.