DPIIT recognised startup Government of India
Startup India
Accolades Systems Private Limited
Accolades Systems Private Limited - information technology in Howrah, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹80,716
▲ 76% YoY
Net loss · FY 2023
₹1.42 Lakh
Net margin -176.2%
EBITDA · FY 2023
-₹1.34 Lakh
EBITDA margin -166.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Accolades Systems Private Limited
Data last updated:
Accolades Systems Private Limited is a private limited company based in Howrah, West Bengal, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2021PTC245984. Its GSTIN is 19AAVCA3831D1ZJ (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Surya Ghosh and Tanmoy Chakraborty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 212 (3rd Floor Room No. – 334/2) Girish Ghosh Road, Howrah, West Bengal, India – 711202.
As per the financials filed for FY 2023, the company reported a revenue of ₹80,716, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Lakh (net margin -176.2%) and EBITDA of -₹1.34 Lakh (EBITDA margin -166.1%).
The company has about 2 employees on its provident fund (EPFO) records.
Accolades Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-14-0027566).
Company details
CIN U72900WB2021PTC245984
Registration Number 245984
Incorporation Date 25 June 2021
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-WB-14-0027566
Key People
Surya Ghosh Director Tanmoy Chakraborty Director Recognitions & Rankings of Accolades Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-WB-14-0027566
Contact details
Accolades Systems Private Limited's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address212 (3rd Floor Room No. – 334/2) Girish Ghosh Road, Howrah, West Bengal, India – 711202
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Accolades Systems Private Limited, buy the company report.
Comprehensive company report
Accolades Systems Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Accolades Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Accolades Systems Private Limited, buy the company report.
Financials of Accolades Systems Private Limited
FY 2023 filings availableAccolades Systems Private Limited reported revenue of ₹80,716 (up 76% YoY) for FY 2023.
Revenue · FY 2023
₹80,716 ▲ 76%
Net loss · FY 2023
₹1.42 Lakh margin -176.2%
EBITDA · FY 2023
-₹1.34 Lakh margin -166.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 76%
EBITDA CAGR growth
1 year
▲ 12%
Revenue rose 76% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.34 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.42 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -166.1% | |
| Net Profit Margin | -176.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| 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 Accolades Systems Private Limited, buy the company report.
Board of directors of Accolades Systems Private Limited
Accolades Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surya Ghosh Also directs: Softcell Developers Private Limited | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Tanmoy Chakraborty | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Accolades Systems Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DRP Global Tech Private Limited | ₹81,000 (FY 2022) | -88.0% | Nashik, Maharashtra, India | |||
| Productsdozen (OPC) Private Limited | ₹81,000 (FY 2023) | Erode, Tamil Nadu, India | ||||
| Tortoise Creative Private Limited | ₹81,000 (FY 2023) | 268.0% | Secunderabad, Telangana, India | |||
| Mflixworld Technologies Private Limited | ₹80,822 (FY 2021) | Hyderabad, Telangana, India | ||||
| Accolades Systems Private Limitedthis company | ₹80,716 (FY 2023) | -₹1.42 Lakh | -176.2% | 76.0% | 2 | Howrah, West Bengal, India |
| Conferway (OPC) Private Limited | ₹80,609 (FY 2021) | Malappuram, Kerala, India | ||||
| Accurth Global Services Private Limited | ₹80,480 (FY 2018) | -79.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Accolades Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Accolades Systems 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 Accolades Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accolades Systems Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Accolades Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAVCA3831D1ZJ | West Bengal | Active | 28 Oct 2021 |
To see the full GST registrations and return filing status of Accolades Systems Private Limited, buy the company report.
Recent activity
Accolades Systems Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Joy Adhikary ceased to be Director on 12 Feb 2024.
Ceased
Joy Adhikary ceased to be Director.
Ceased
Anamika Adhikary ceased to be Director.
Appointed
Surya Ghosh was appointed as Director.
Appointed
Tanmoy Chakraborty was appointed as Director.
AGM
Accolades Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Accolades Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata Ii.
Incorporation
25 Jun 2021
Accolades Systems Private Limited was registered on 25 Jun 2021 with Roc Kolkata Ii & aged 5 years 4 months as per MCA records.
Frequently asked questions
Accolades Systems is an active private limited company based in Howrah, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 June 2021 (5+ years old) and is registered under CIN U72900WB2021PTC245984.
Accolades Systems has 2 current directors:
- Surya Ghosh - Director
- Tanmoy Chakraborty - Director
The latest financial statements of Accolades Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Accolades Systems is 19AAVCA3831D1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of Accolades Systems is U72900WB2021PTC245984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accolades Systems was incorporated on 25 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Accolades Systems by revenue are DRP Global Tech Private Limited, Productsdozen (OPC) Private Limited, Tortoise Creative Private Limited, Mflixworld Technologies Private Limited, Conferway (OPC) Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Joy Adhikary ceased to be Director on 12 Feb 2024. Anamika Adhikary ceased to be Director on 01 Feb 2024. Surya Ghosh was appointed as Director on 01 Feb 2024. Accolades Systems has 4 board changes on record in total.
Yes, Accolades Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Accolades Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-14-0027566).
The registered office of Accolades Systems is at 212 3rd Floor Room No. – 3342 Girish Ghosh Road, Howrah, West Bengal, India – 711202.
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