About Accutech Power Solutions Private Limited
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Accutech Power Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2005PTC152149. Its GSTIN is 27AAFCA1377A1Z3 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Vishnu Baburao Desai (Managing Director) and Nilesh Narayan Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 603 Madhu Industrial Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.19 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹69.48 Lakh (net margin 1.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.
The company has about 163 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.37 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹50 Lakh; the latest was in July 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accutech.co.in.
Company details
Contact details
Accutech Power Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is accutech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address601/602/603 Madhu Industrial Park Near Apollo Industries Opp.Willson Pen House Andheri, (East), Mumbai, Maharashtra, India – 400069
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Accutech Power Solutions 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 activity of Accutech Power Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Accutech Power Solutions Private Limited, buy the company report.
Financials of Accutech Power Solutions Private Limited
FY 2024 filings availableAccutech Power Solutions Private Limited reported revenue of ₹60.19 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 8% 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 | ₹1.67 Cr | ||||
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| Net Profit (PAT) | ₹69.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Accutech Power Solutions Private Limited, buy the company report.
Board of directors of Accutech Power Solutions Private Limited
Accutech Power Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Baburao Desai | Managing Director | 23 Mar 2005 | 21 Years 7 Months | Current |
| Nilesh Narayan Desai | Director | 26 Apr 2015 | 11 Years 5 Months | Current |
| Chandrakant Baburao Desai | Director | 26 Apr 2015 | 11 Years 5 Months | Current |
| Pranobh Narayan Desai | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
Auditor
Accutech Power Solutions Private Limited is audited by Hemanshu Gupta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemanshu Gupta & Co | FY 2023 | 139543 |
Shareholding
The shareholding of Accutech Power Solutions 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Accutech Power Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2024 | 100923409 | Others | ₹15 Lakh | Open | |
| 16 Jul 2020 | 100433688 | Others | ₹72 Lakh | Open | |
| 23 Jul 2019 | 100287159 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 07 Aug 2015 | 10604507 | Corporation Bank | ₹5 Cr | Open | |
| 20 Jun 2007 | 10058433 | Corporation Bank | ₹4 Cr | Open |
To see the full charge records of Accutech Power Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Accutech Power Solutions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹50 Lakh; the latest was in July 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Accutech Power Solutions Private Limited has 5 court cases on record: 3 filed by Accutech Power Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARBP) | Filed against the company by Vertiv Energy Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ms Soman Electomech Engineers Pvt Ltd and Others | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Compuage Infocom Limited Through Interim Resolution Professional, Arun Kapoor | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against M S Baid Electronices Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Accutech Power Solutions 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 Accutech Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accutech Power Solutions Private Limited has a workforce of 163 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Accutech Power Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA1377A1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 24AAFCA1377A1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accutech Power Solutions Private Limited, buy the company report.
Recent activity
Accutech Power Solutions Private Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Chandrakant Baburao Desai was appointed as Director on 26 Apr 2015.
4 earlier events are in the company report.
Frequently asked questions
Accutech Power Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 March 2005 (21+ years old) and is registered under CIN U51505MH2005PTC152149.
Accutech Power Solutions has 4 current directors:
- Vishnu Baburao Desai - Managing Director
- Nilesh Narayan Desai - Director
- Chandrakant Baburao Desai - Director
- Pranobh Narayan Desai - Director
The latest financial statements of Accutech Power Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Accutech Power Solutions is 27AAFCA1377A1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAFCA1377A1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Accutech Power Solutions is U51505MH2005PTC152149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accutech Power Solutions has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Accutech Power Solutions was incorporated on 23 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Accutech Power Solutions has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹50 Lakh; the latest was in July 2015.
Chandrakant Baburao Desai was appointed as Director on 26 Apr 2015. Nilesh Narayan Desai was appointed as Director on 26 Apr 2015. Akash Vishnu Desai ceased to be Director on 30 Mar 2015. Accutech Power Solutions has 7 board changes on record in total.
Accutech Power Solutions can be reached through the website accutech.co.in. Its registered office is in Mumbai, Maharashtra, India.