Accordion Properties Private Limited
About Accordion Properties Private Limited
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Accordion Properties Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 02 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2001PTC093393.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.47 Lakh. It is led by directors Sanjay Kumar Bhuwalka and Akhilesh Bhuwalka.
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 12 Pretoria Street 5th Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.71 Lakh. For the same year it recorded a net loss of ₹1.08 Lakh (net margin -40%) and EBITDA of -₹397 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 31% over five years.
As per MCA filings, the company has satisfied charges of ₹11 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Accordion Properties Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 Pretoria Street 5th Floor, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Financial Activities
To see the full contact details of Accordion Properties 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
Business activity
The main business activities of Accordion Properties are trade, financial and insurance service and real estate. In detail, this covers wholesale trading, other financial activities and real estate activities with own or leased property. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Accordion Properties Private Limited
FY 2025 filings availableAccordion Properties Private Limited reported revenue of ₹2.71 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years. EBITDA rose 100% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹397 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -40% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Accordion Properties Private Limited, buy the company report.
Board of directors of Accordion Properties Private Limited
Accordion Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilesh Bhuwalka Also directs: Prithvi Tea Co. Private Limited | Additional Director | 08 Apr 2010 | 16 Years 6 Months | Current |
| Sanjay Kumar Bhuwalka Also directs: Prithvi Tea Co. Private Limited, Bally High Properties Pvt Ltd, Primetime Realtors Private Limited and 1 more | Director | 02 Jul 2001 | 25 Years 4 Months | Current |
Peer comparison
Accordion Properties Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Miracle Ferro Minerals Enterprises Private Limited | ₹2.71 Lakh (FY 2016) | Bangalore, Karnataka, India | ||||
| Trimala Electricals Private Limited | ₹2.71 Lakh (FY 2025) | -40.0% | G.B. Nagar, Uttar Pradesh, India | |||
| Lazy Crow Illusions (OPC) Private Limited | ₹2.71 Lakh (FY 2021) | -62.0% | New Delhi, Delhi, India | |||
| Shivanjali Exim Private Limited | ₹2.71 Lakh (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Wellbuild Suppliers Private Limited | ₹2.71 Lakh (FY 2025) | -56.0% | Jabalpur, Madhya Pradesh, India | |||
| Accordion Properties Private Limitedthis company | ₹2.71 Lakh (FY 2025) | -₹1.08 Lakh | -40% | Kolkata, West Bengal, India | ||
| Parshwanath Apparels Private Limited | ₹2.71 Lakh (FY 2018) | -16.0% | Bhopal, Madhya Pradesh, India | |||
| Mbix Pharmaceuticals Private Limited | ₹2.71 Lakh (FY 2021) | 144.0% | Patna, Bihar, India | |||
| Pharmazone India Private Limited | ₹2.71 Lakh (FY 2015) | Sivasagar, Assam, India | ||||
| Calcutta Mineral Supply Co Pvt Ltd | ₹2.71 Lakh (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Right Choice Vanijya Private Limited | ₹2.71 Lakh (FY 2016) | -80.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Accordion Properties Private Limited, buy the company report.
Auditor
Accordion Properties Private Limited is audited by DHANDHANIA&ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANDHANIA&ASSOCIATES | FY 2017 | 316052E |
Shareholding
The shareholding of Accordion Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Accordion Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2012 | 10393639 | Punjab & Sind Bank | ₹11 Cr | Satisfied |
To see the full charge records of Accordion Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Accordion Properties Private Limited has 2 court cases on record: 2 filed by Accordion Properties. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against Parekh Aluminex Limited & Ors. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against MBL Infrastructures Ltd | Disposed |
To see the full case history of Accordion Properties 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 Accordion Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Accordion Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Accordion Properties Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Sahul Agarwal ceased to be Director on 01 May 2016.
Frequently asked questions
Accordion Properties is an active private limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 02 July 2001 (25+ years old) and is registered under CIN U70101WB2001PTC093393.
Accordion Properties has 2 current directors:
- Akhilesh Bhuwalka - Additional Director
- Sanjay Kumar Bhuwalka - Director
The latest financial statements of Accordion Properties 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 CIN (Corporate Identification Number) of Accordion Properties is U70101WB2001PTC093393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accordion Properties has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Accordion Properties was incorporated on 02 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Accordion Properties by revenue are Miracle Ferro Minerals Enterprises Private Limited, Trimala Electricals Private Limited, Lazy Crow Illusions (OPC) Private Limited, Shivanjali Exim Private Limited, Wellbuild Suppliers Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sahul Agarwal ceased to be Director on 01 May 2016. Sitaram Bhuwalka ceased to be Director on 02 Jun 2014. Akhilesh Bhuwalka was appointed as Additional Director on 08 Apr 2010. Accordion Properties has 4 board changes on record in total.
The registered office of Accordion Properties is at 12 Pretoria Street 5th Floor, Kolkata, West Bengal, India – 700071.
Accordion Properties operates in the financial services industry, in the financial activities segment.
Accordion Properties has no open charges and satisfied charges of ₹11 Cr as per latest MCA filings.
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