MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0036989
Acesoft Labs (India) Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.5 Cr
▲ 17% YoY
Net profit · FY 2024
₹87.15 Lakh
Net margin 4.1%
EBITDA · FY 2024
₹1.5 Cr
EBITDA margin 7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹5.24 Lakh
Issued & subscribed
Open charges
₹3.51 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
86
Provident fund records
About Acesoft Labs (India) Private Limited
Data last updated:
Acesoft Labs (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052070. Its GSTIN is 29AAICA1795R1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5.24 Lakh. It is led by directors Renuka Velamati (Managing Director) and Brahmananda Chowdary Garapati.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.5 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹87.15 Lakh (net margin 4.1%) and EBITDA of ₹1.5 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 913% over three years and 2% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Acesoft Labs. As per MCA filings, the company has open charges of ₹3.51 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Acesoft Labs (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0036989). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acesoftlabs.com.
Company details
CIN U72200KA2010PTC052070
Registration Number 052070
Incorporation Date 05 January 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0036989
Recognitions & Rankings of Acesoft Labs (India)
Contact details
Acesoft Labs (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is acesoftlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo:60 Zenith Square First Floor Above Mezzanine Floor Rj Garden Anandnagar Chinnapanna, Halli, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Acesoft Labs (India) Private Limited, buy the company report.
Comprehensive company report
Acesoft Labs (India) 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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Secure checkout · GST invoice included
Brands
Acesoft Labs (India) operates one associated brand: Acesoft Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT staffing, managed services, and technology solutions for businesses. | acesoftlabs.com |
Business activity
The main business activity of Acesoft Labs (India) 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 Acesoft Labs (India) Private Limited, buy the company report.
Financials of Acesoft Labs (India) Private Limited
FY 2024 filings availableAcesoft Labs (India) Private Limited reported revenue of ₹21.5 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹21.5 Cr ▲ 17%
Net profit · FY 2024
₹87.15 Lakh margin 4.1%
EBITDA · FY 2024
₹1.5 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 913%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 705%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 17% growth in the latest year. EBITDA rose 34% 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 | ₹1.5 Cr | ||||
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| Net Profit (PAT) | ₹87.15 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 4.1% | ||||
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To see the full financial statements and ratios of Acesoft Labs (India) Private Limited, buy the company report.
Board of directors of Acesoft Labs (India) Private Limited
Acesoft Labs (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Velamati | Managing Director | 17 Jul 2012 | 14 Years 3 Months | Current |
| Brahmananda Chowdary Garapati Also directs: Sree Ramanjaneya Enterprise LLP, La Hospin Hotels and Resorts Private Limited, Shelton Hospitality Private Limited and 4 more | Director | 10 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Acesoft Labs (India) Private Limited is audited by PAVULURI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVULURI & CO | FY 2023 | 247514 |
Shareholding
The shareholding of Acesoft Labs (India) 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acesoft Labs (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.51 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2015 | 10577579 | Hdfc Bank Limited | ₹3.51 Cr | Open |
To see the full charge records of Acesoft Labs (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Acesoft Labs (India) Private Limited has 4 court cases on record: 3 filed by Acesoft Labs (India), 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Prisha Properties India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Prisha Properties India Pvt. Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Acesoft Labs (India) 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 Acesoft Labs (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Acesoft Labs (India) Private Limited has a workforce of 86 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
86
Active EPFO establishments
1
Employee growth
-25.86%
GST
Acesoft Labs (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA1795R1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acesoft Labs (India) Private Limited, buy the company report.
Recent activity
Acesoft Labs (India) Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Rao Chittabathina Mallikharjuna ceased to be Additional Director on 29 Sep 2018.
AGM
Acesoft Labs (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 351.00 Lakh registered on 25 Jun 2015 with Charge ID 10577579 was modified on 06 May 2024.
Filing
Acesoft Labs (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Rao Chittabathina Mallikharjuna ceased to be Additional Director.
Ceased
Sai Roopkumar Vegunta ceased to be Director.
Ceased
Brahmananda Chowdary Garapati ceased to be Additional Director.
Appointed
Brahmananda Chowdary Garapati was appointed as Director.
Ceased
Renuka Velamati ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 351.00 Lakh with Charge ID 10577579 was registered on 25 Jun 2015.
Ceased
Katta Sreekanth Reddy ceased to be Director.
Ceased
Shilpa Shivalingaiah ceased to be Director.
Ceased
Hosamani Chandrashekar ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Acesoft Labs (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 05 January 2010 (16+ years old) and is registered under CIN U72200KA2010PTC052070.
Acesoft Labs (India) has 2 current directors:
- Renuka Velamati - Managing Director
- Brahmananda Chowdary Garapati - Director
The latest financial statements of Acesoft Labs (India) 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 Acesoft Labs (India) is 29AAICA1795R1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Acesoft Labs (India) is U72200KA2010PTC052070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acesoft Labs (India) has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Acesoft Labs (India) was incorporated on 05 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Rao Chittabathina Mallikharjuna ceased to be Additional Director on 29 Sep 2018. Sai Roopkumar Vegunta ceased to be Director on 30 Aug 2018. Brahmananda Chowdary Garapati ceased to be Additional Director on 30 Sep 2017. Acesoft Labs (India) has 9 board changes on record in total.
Yes, Acesoft Labs (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0036989).
Acesoft Labs (India) can be reached through the website acesoftlabs.com. Its registered office is in Bangalore, Karnataka, India.