Startup India Government of India
Accreate Additive Labs Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹2.12 Cr
▲ 1109% YoY
Net profit · FY 2022
₹1.54 Lakh
Net margin 0.7%
EBITDA · FY 2022
₹45.56 Lakh
EBITDA margin 21.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹62.57 Lakh
Issued & subscribed
Open charges
₹3.52 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Accreate Additive Labs Private Limited
Data last updated:
Accreate Additive Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74994KA2017PTC108455. Its GSTIN is 29AAQCA2933F1ZI (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹62.57 Lakh. It is led by directors Ravi Shankar Suddekunte Nanjundarao (Managing Director) and Lokikere Kenchappa Lingaraj.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 22/1 Smruthi West Park Road 10th Cross Near Ing Vysya Bank Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.54 Lakh (net margin 0.7%) and EBITDA of ₹45.56 Lakh (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years.
The company is associated with 1 brand: Accreate Labs. As per MCA filings, the company has open charges of ₹3.52 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 6 cases are pending. The company has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹1.22 Cr; the latest was in October 2019.
Accreate Additive Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0134714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accreatelabs.com.
Company details
CIN U74994KA2017PTC108455
Registration Number 108455
Incorporation Date 06 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0134714
Key People
Ravi Shankar Suddekunte Nanjundarao Managing Director Lokikere Kenchappa Lingaraj Director Recognitions & Rankings of Accreate Additive Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0134714
Contact details
Accreate Additive Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is accreatelabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22/1 Smruthi West Park Road 10th Cross Near Ing Vysya Bank Malleswaram, Bangalore, Karnataka, India – 560003
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Accreate Additive Labs Private Limited, buy the company report.
Comprehensive company report
Accreate Additive Labs 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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Brands
Accreate Additive Labs operates one associated brand: Accreate Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive 3D printing solutions for various applications. | accreatelabs.com |
Business activity
The main business activity of Accreate Additive Labs is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Accreate Additive Labs Private Limited, buy the company report.
Financials of Accreate Additive Labs Private Limited
FY 2022 filings availableAccreate Additive Labs Private Limited reported revenue of ₹2.12 Cr (up 1109% YoY) for FY 2022.
Revenue · FY 2022
₹2.12 Cr ▲ 1109%
Net profit · FY 2022
₹1.54 Lakh margin 0.7%
EBITDA · FY 2022
₹45.56 Lakh margin 21.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▲ 291%
3 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 122% over three years. EBITDA rose 291% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.12 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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To see the full financial statements and ratios of Accreate Additive Labs Private Limited, buy the company report.
Board of directors of Accreate Additive Labs Private Limited
Accreate Additive Labs has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokikere Kenchappa Lingaraj Also directs: Alpstech Innovations Private Limited | Director | 13 May 2021 | 5 Years 5 Months | Current |
| Ravi Shankar Suddekunte Nanjundarao | Managing Director | 06 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Accreate Additive Labs Private Limited is audited by SANGEETHA AND RAMYA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGEETHA AND RAMYA | FY 2022 | 015045S |
Shareholding
The shareholding of Accreate Additive Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accreate Additive Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2018 | 100199311 | State Bank of India | ₹3.52 Cr | Open |
To see the full charge records of Accreate Additive Labs Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Accreate Additive Labs Private Limited has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹1.22 Cr; the latest was in October 2019.
Total deals
4
Rights issues
2
Funding rounds
2
Disclosed funding
₹1.22 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Funding round | ₹15.8 Lakh | Investors: Dev Components Private Limited , 3 individuals |
| Oct 2018 | Rights issue | ₹30 Lakh | Investors: 4 individuals |
| May 2018 | Funding round | ₹1.06 Cr | Investors: Dev Components Private Limited , Mahesh BV, 2 individuals |
| Feb 2018 | Rights issue | ₹59 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Accreate Additive Labs Private Limited has 7 court cases on record: 7 filed against it. 6 cases are pending and 1 is disposed.
Total cases
7
Filed against the company
7
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Prajwal Surgical and Scientifics Private Limited | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Antaral Finance and Investment Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Prajwal Surgical and Scientifics Private Limited | Disposed |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Antaral Finence and Investment Pra. LT. | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Antral Finence and Investment Private. LT. | Pending |
To see the full case history of Accreate Additive Labs 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 Accreate Additive Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Accreate Additive Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA2933F1ZI | Karnataka | Active | 25 Jan 2018 |
To see the full GST registrations and return filing status of Accreate Additive Labs Private Limited, buy the company report.
Recent activity
Accreate Additive Labs Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Kusuma Ravi Shankar ceased to be Director on 10 Feb 2022.
AGM
Accreate Additive Labs Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 352.00 Lakh registered on 23 Jul 2018 with Charge ID 100199311 was modified on 30 Apr 2022.
Filing
Accreate Additive Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Kusuma Ravi Shankar ceased to be Director.
Ceased
Srinivasamurthy Satish ceased to be Director.
Ceased
Lokikere Kenchappa Lingaraj ceased to be Additional Director.
Ceased
Asha Nanjundaswamy ceased to be Director.
Appointed
Lokikere Kenchappa Lingaraj was appointed as Director.
Ceased
Tamilmani Kandasamy ceased to be Director.
Ceased
Ravi Kumar Ganjigunta Seshadri ceased to be Director.
Ceased
Byrana Nagappa Suresh ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 352.00 Lakh with Charge ID 100199311 was registered on 23 Jul 2018.
3 earlier events are in the company report.
Frequently asked questions
Accreate Additive Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 06 December 2017 (9+ years old) and is registered under CIN U74994KA2017PTC108455.
Accreate Additive Labs has 2 current directors:
- Ravi Shankar Suddekunte Nanjundarao - Managing Director
- Lokikere Kenchappa Lingaraj - Director
The latest financial statements of Accreate Additive Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Accreate Additive Labs is 29AAQCA2933F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Accreate Additive Labs is U74994KA2017PTC108455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accreate Additive Labs has 7 court cases on record: 7 filed against it. 6 are pending.
Accreate Additive Labs was incorporated on 06 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Accreate Additive Labs has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹1.22 Cr; the latest was in October 2019.
Kusuma Ravi Shankar ceased to be Director on 10 Feb 2022. Srinivasamurthy Satish ceased to be Director on 10 Feb 2022. Lokikere Kenchappa Lingaraj ceased to be Additional Director on 30 Nov 2021. Accreate Additive Labs has 10 board changes on record in total.
Yes, Accreate Additive Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).