- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0003314

About Aceller Steels Private Limited
Data last updated:
Aceller Steels Private Limited is a private limited company based in Angamaly, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U28112KL2009PTC024890. Its GSTIN is 32AAJCA1459M1ZK (Kerala).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.3 Cr. It is led by directors Gowtham Vattappara Pavithran (Managing Director) and Bindu Pavithran.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Angamaly, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.11 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹2.34 Cr (net margin -209.8%) and EBITDA of -₹91.91 Lakh (EBITDA margin -82.5%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 39% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹5.57 Cr and satisfied charges of ₹29.75 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
Aceller Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0003314). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website 139.162.48.133.
Company details
Recognitions & Rankings of Aceller Steels
Contact details
Aceller Steels Private Limited's registered office is in Angamaly, Kerala. Its website is 139.162.48.133. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAceller Steels Private Limited Xxii / 327 – H Industrial Development A, Rea, Angamaly, Kerala, India – 683573
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Aceller Steels 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
Financials of Aceller Steels Private Limited
FY 2024 filings availableAceller Steels Private Limited reported revenue of ₹1.11 Cr (down 91% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 91% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.11 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹91.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.34 Cr | ||||
| 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 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -82.5% | ||||
| Net Profit Margin | -209.8% | ||||
| 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 Aceller Steels Private Limited, buy the company report.
Board of directors of Aceller Steels Private Limited
Aceller Steels has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindu Pavithran Also directs: Travancore Estate Private Limited, Crown Aggregates Private Limited, Pazhayannur Aggregate Private Limited and 5 more | Director | 03 Nov 2014 | 11 Years 11 Months | Current |
| Gowtham Vattappara Pavithran Also directs: Travancore Estate Private Limited, Crown Aggregates Private Limited, Pazhayannur Aggregate Private Limited and 5 more | Managing Director | 03 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Aceller Steels Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Kumaran Steels India Private Limited | ₹13.62 Cr (FY 2025) | -60.0% | Coimbatore, Tamil Nadu, India | |||
| Arham Iron Limited | ₹13.61 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| RJD Machinery (India) Private Limited | ₹13.56 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Banas Steel Private Limited | ₹13.54 Cr (FY 2024) | 19.0% | Palanpur, Gujarat, India | |||
| Aceller Steels Private Limitedthis company | ₹1.11 Cr (FY 2023) | -₹2.34 Cr | -209.8% | -91.0% | Angamaly, Kerala, India |
To see the full peer comparison of Aceller Steels Private Limited, buy the company report.
Auditor
Aceller Steels Private Limited is audited by SAJEEV & AJITH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAJEEV & AJITH | FY 2023 | 014219S |
Shareholding
The shareholding of Aceller Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aceller Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2021 | 100424809 | Others | ₹5.57 Cr | Open | |
| 26 Feb 2021 | 100424785 | Others | ₹5.97 Cr | Satisfied | |
| 14 Oct 2020 | 100390888 | Others | ₹2.3 Cr | Satisfied | |
| 02 Nov 2018 | 100232643 | Others | ₹1.28 Cr | Satisfied | |
| 30 Mar 2015 | 10567539 | The Federal Bank Ltd | ₹9 Cr | Satisfied |
To see the full charge records of Aceller Steels Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Aceller Steels Private Limited has 6 court cases on record: 4 filed by Aceller Steels, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against Kerala State Electricity Board and 5 others | Pending |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| High Court | Appeal | Filed against the company by Kerala State Electricity Board and 4 others | Disposed |
| High Court | Appeal | Filed against the company by Kerala State Electricty Board and 4 others | Disposed |
To see the full case history of Aceller Steels 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 Aceller Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aceller Steels has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Marktiles Industries Private Limited | U74110KL1994PTC007788 |
To see the full group structure of Aceller Steels Private Limited, buy the company report.
GST
Aceller Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCA1459M1ZK | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aceller Steels Private Limited, buy the company report.
Recent activity
Aceller Steels Private Limited has 13 board changes on record since 2011: 2 appointments and 11 cessations. The latest: Gowtham Vattappara Pavithran ceased to be Director on 04 Apr 2017.
20 earlier events are in the company report.
Frequently asked questions
Aceller Steels is an active private limited company based in Angamaly, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 October 2009 (17+ years old) and is registered under CIN U28112KL2009PTC024890.
Aceller Steels has 2 current directors:
- Gowtham Vattappara Pavithran - Managing Director
- Bindu Pavithran - Director
The latest financial statements of Aceller Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aceller Steels is 32AAJCA1459M1ZK, registered in Kerala.
The CIN (Corporate Identification Number) of Aceller Steels is U28112KL2009PTC024890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aceller Steels has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Aceller Steels was incorporated on 19 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Aceller Steels by revenue are Sri Kumaran Steels India Private Limited, Arham Iron Limited, RJD Machinery (India) Private Limited, Banas Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Gowtham Vattappara Pavithran ceased to be Director on 04 Apr 2017. Pavithran Vattappara Narayanan ceased to be Managing Director on 01 Apr 2017. Bindu Pavithran ceased to be Additional Director on 29 Sep 2015. Aceller Steels has 13 board changes on record in total.
Yes, Aceller Steels is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0003314).
Aceller Steels can be reached through the website 139.162.48.133. Its registered office is in Angamaly, Kerala, India.