About Accord Fintech Private Limited
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Accord Fintech Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Brics Securities Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC173398. Its GSTIN is 27AADCB2159B1Z4 (Maharashtra). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹14.5 Cr and a paid-up capital of ₹13.98 Cr. It was formerly known as Brics Fintech Private Limited. It is led by directors including Mukund Bal Shinde (Whole-Time Director) and Samuel Lesly Martis (Whole-Time Director).
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.53 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.98 Cr (net margin 18.1%) and EBITDA of ₹7.65 Cr (EBITDA margin 27.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 164 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Ace Analyser, AceAnalyser and Ace Equity Nxt. As per MCA filings, the company has open charges of ₹51.35 Cr and satisfied charges of ₹13.53 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2011. Its 4 peer companies in the Consumer Services industry (Application Development, Fintech, Information Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger; the largest is Kritikal Solutions Private Limited with revenue of ₹27.78 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accordfintech.com.
Company details
Contact details
Accord Fintech Private Limited's registered office is in Thane, Maharashtra. Its website is accordfintech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRupa Renaissance Plot No. D – 33 Unit No. 1201B 12th Floor, MIDC Road Ttc Industrial Area Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance Services
To see the full contact details of Accord Fintech 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
Accord Fintech operates multiple associated brands including Ace Analyser, AceAnalyser, and Ace Equity Nxt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive data solutions and analytics for private companies. | aceanalyzer.com | |
| A platform delivering financial data and analysis for Indian companies. | aceanalyser.com | |
| A financial database and analytics tool for professionals and businesses. | aceequitynxt.com |
Business activity
The main business activity of Accord Fintech 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 Accord Fintech Private Limited, buy the company report.
Financials of Accord Fintech Private Limited
FY 2025 filings availableAccord Fintech Private Limited reported revenue of ₹27.53 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 13% growth in the latest year. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.65 Cr | ||||
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| Net Profit (PAT) | ₹4.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | 18.1% | ||||
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To see the full financial statements and ratios of Accord Fintech Private Limited, buy the company report.
Board of directors of Accord Fintech Private Limited
Accord Fintech has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Bal Shinde | Whole-Time Director | 29 Jan 2018 | 8 Years 9 Months | Current |
| Samuel Lesly Martis | Whole-Time Director | 29 Jan 2018 | 8 Years 9 Months | Current |
| Nayan Jagjivan | Director | 15 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Accord Fintech Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Application Development, Fintech, Information Services), with 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 |
|---|---|---|---|---|---|---|
| Kritikal Solutions Private Limited | ₹27.78 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Tecknodreams Software Consulting Private Limited | ₹27.75 Cr (FY 2024) | -9.0% | Bengaluru, Karnataka, India | |||
| Vyshnavi Information Technologies (India)Private Limited | ₹27.61 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India | |||
| Chayowo Technology Solutions Private Limited | ₹27.58 Cr (FY 2025) | 10.0% | Kochi, Kerala, India | |||
| Accord Fintech Private Limitedthis company | ₹27.53 Cr (FY 2024) | ₹4.98 Cr | 18.1% | 13.0% | 164 | Thane, Maharashtra, India |
To see the full peer comparison of Accord Fintech Private Limited, buy the company report.
Auditor
Accord Fintech Private Limited is audited by Akshay Chouhan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Akshay Chouhan & Associates | FY 2023 | 152936W |
Shareholding
The shareholding of Accord Fintech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Accord Fintech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2026 | 101244183 | Others | ₹11.35 Cr | Open | |
| 07 Apr 2025 | 101097721 | Yes Bank Limited | ₹40 Cr | Open | |
| 23 Feb 2016 | 100053265 | Hdfc Bank Limited | ₹13.53 Lakh | Satisfied |
To see the full charge records of Accord Fintech Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Accord Fintech Private Limited has 1 deal on record (1 acquisition); the latest was in March 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Acquisition | ₹13.5 Cr | Buyer: Brics Securities Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Accord Fintech Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North East, Delhi | Court case (Civ Suit) | Filed against the company by Ms Kumar Share Brokers Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Accord Fintech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Accord Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accord Fintech Private Limited has a workforce of 164 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Accord Fintech has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB2159B1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 24AADCB2159B1ZA | Gujarat | Active | 01 Jul 2017 |
| 32AADCB2159B1ZD | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accord Fintech Private Limited, buy the company report.
Recent activity
Accord Fintech Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Rahul Kumar ceased to be Director on 03 May 2019.
6 earlier events are in the company report.
Frequently asked questions
Accord Fintech is an active private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 August 2007 (19+ years old) and is registered under CIN U72900MH2007PTC173398.
Accord Fintech has 3 current directors:
- Mukund Bal Shinde - Whole-Time Director
- Samuel Lesly Martis - Whole-Time Director
- Nayan Jagjivan - Director
The latest financial statements of Accord Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Accord Fintech is 27AADCB2159B1Z4, registered in Maharashtra. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 24AADCB2159B1ZA (Gujarat), 32AADCB2159B1ZD (Kerala).
The CIN (Corporate Identification Number) of Accord Fintech is U72900MH2007PTC173398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accord Fintech has 4 court cases on record: 4 filed against it. 1 is pending.
Accord Fintech was incorporated on 23 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Accord Fintech has 1 deal on record (1 acquisition); the latest was in March 2011.
The peers of Accord Fintech by revenue are Kritikal Solutions Private Limited, Tecknodreams Software Consulting Private Limited, Vyshnavi Information Technologies (India)Private Limited, Chayowo Technology Solutions Private Limited, all in the Consumer Services industry (Application Development, Fintech, Information Services), with the same principal business activity (computer programming, consultancy and related activities).
Rahul Kumar ceased to be Director on 03 May 2019. Mukund Bal Shinde ceased to be Additional Director on 14 Sep 2018. Samuel Lesly Martis ceased to be Additional Director on 14 Sep 2018. Accord Fintech has 11 board changes on record in total.
Accord Fintech can be reached through the website accordfintech.com. Its registered office is in Thane, Maharashtra, India.
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