MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-21-0005526
Acetec Automotives Private Limited
Acetec Automotives Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.49 Cr
▲ 16% YoY
Net profit · FY 2024
₹98,433
Net margin 0.2%
EBITDA · FY 2024
₹8.9 Lakh
EBITDA margin 1.4%
Authorised capital
₹62.5 Lakh
Registered with MCA
Paid-up capital
₹62.5 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Satisfied ₹3 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
11
Provident fund records
About Acetec Automotives Private Limited
Data last updated:
Acetec Automotives Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U42909KA2010PTC053562. Its GSTIN is 29AAICA4348J1ZC (Karnataka).
The company has an authorised share capital of ₹62.5 Lakh and a paid-up capital of ₹62.5 Lakh. It is led by directors including Amir Ahamed Vazeer Halaganahalli (Whole-Time Director) and Sachidananda Murudappa (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.1230 10th Cross 1st Phase 1st Stage Chandra Layout, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.49 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹98,433 (net margin 0.2%) and EBITDA of ₹8.9 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Acetec Automotives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-21-0005526). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U42909KA2010PTC053562
Registration Number 053562
Incorporation Date 10 May 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-21-0005526
CIN history
Acetec Automotives has one previous CIN (Corporate Identification Number): U50401KA2010PTC053562. The current CIN is U42909KA2010PTC053562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U42909KA2010PTC053562 | Current |
| U50401KA2010PTC053562 | Previous |
Key People
Amir Ahamed Vazeer Halaganahalli Whole-Time Director Sachidananda Murudappa Whole-Time Director Karasavadi Javaregowda Shivakumara Whole-Time Director Recognitions & Rankings of Acetec Automotives
Contact details
Acetec Automotives Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.1230 10th Cross 1st Phase 1st Stage Chandra Layout, Bangalore, Karnataka, India – 560072
- IndustryAutomotive, Auto Dealership & Trading
Comprehensive company report
Acetec Automotives 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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Business activity
The main business activity of Acetec Automotives is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Acetec Automotives Private Limited, buy the company report.
Financials of Acetec Automotives Private Limited
FY 2024 filings availableAcetec Automotives Private Limited reported revenue of ₹6.49 Cr (up 16% YoY) for FY 2024.
Revenue · FY 2024
₹6.49 Cr ▲ 16%
Net profit · FY 2024
₹98,433 margin 0.2%
EBITDA · FY 2024
₹8.9 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▼ 7%
5 years · compounded
▼ 12%
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 16% growth in the latest year. EBITDA rose 133% 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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| Total Expenses | |||||
| EBITDA | ₹8.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98,433 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Acetec Automotives Private Limited, buy the company report.
Board of directors of Acetec Automotives Private Limited
Acetec Automotives has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amir Ahamed Vazeer Halaganahalli | Whole-Time Director | 12 Aug 2024 | 2 Years 3 Months | Current |
| Sachidananda Murudappa Also directs: Usica Teknoservices Private Limited | Whole-Time Director | 12 Aug 2024 | 2 Years 3 Months | Current |
| Karasavadi Javaregowda Shivakumara | Whole-Time Director | 22 Nov 2019 | 6 Years 11 Months | Current |
| Vijayakumar Naganna | Director | 10 May 2017 | 9 Years 6 Months | Current |
| Basavaraju Raghupathy Madhusudhan | Whole-Time Director | 12 Aug 2024 | 2 Years 3 Months | Current |
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2011 | 10314235 | Kotak Mahindra Bank Limited | ₹60 Lakh | Open | |
| 15 Jun 2019 | 100275122 | Others | ₹80 Lakh | Satisfied | |
| 25 Aug 2016 | 100051605 | Tata Capital Financial Services Limited | ₹80 Lakh | Satisfied | |
| 29 Mar 2012 | 10365702 | Bank of India | ₹1.4 Cr | Satisfied |
To see the full charge records of Acetec Automotives Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Acetec Automotives Private Limited has 4 court cases on record: 4 filed by Acetec Automotives. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MANDYA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MANDYA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, MANDYA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, MANDYA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Acetec Automotives 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 Acetec Automotives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acetec Automotives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA4348J1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acetec Automotives Private Limited, buy the company report.
Recent activity
Acetec Automotives Private Limited has 16 board changes on record since 2016: 5 appointments and 11 cessations. The latest: Amir Ahamed Vazeer Halaganahalli ceased to be Director on 29 Sep 2024.
AGM
Acetec Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Amir Ahamed Vazeer Halaganahalli ceased to be Director.
Ceased
Basavaraju Raghupathy Madhusudhan ceased to be Director.
Ceased
Sachidananda Murudappa ceased to be Director.
Appointed
Amir Ahamed Vazeer Halaganahalli was appointed as Whole-Time Director.
Appointed
Basavaraju Raghupathy Madhusudhan was appointed as Whole-Time Director.
Appointed
Sachidananda Murudappa was appointed as Whole-Time Director.
Filing
Acetec Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 15 Jun 2019 via Charge ID 100275122 with Others was fully satisfied on 13 Jan 2021.
Ceased
Karasavadi Javaregowda Shivakumara ceased to be Additional Director.
Ceased
Maraliga Uttam Heggade ceased to be Whole-Time Director.
Appointed
Karasavadi Javaregowda Shivakumara was appointed as Whole-Time Director.
14 earlier events are in the company report.
Frequently asked questions
Acetec Automotives is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 May 2010 (16+ years old) and is registered under CIN U42909KA2010PTC053562.
Acetec Automotives has 5 current directors:
- Amir Ahamed Vazeer Halaganahalli - Whole-Time Director
- Sachidananda Murudappa - Whole-Time Director
- Karasavadi Javaregowda Shivakumara - Whole-Time Director
- Basavaraju Raghupathy Madhusudhan - Whole-Time Director
- Vijayakumar Naganna - Director
The latest financial statements of Acetec Automotives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Acetec Automotives is 29AAICA4348J1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Acetec Automotives is U42909KA2010PTC053562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acetec Automotives has 4 court cases on record: 4 filed by the company. 1 is pending.
Acetec Automotives was incorporated on 10 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Amir Ahamed Vazeer Halaganahalli ceased to be Director on 29 Sep 2024. Basavaraju Raghupathy Madhusudhan ceased to be Director on 29 Sep 2024. Sachidananda Murudappa ceased to be Director on 29 Sep 2024. Acetec Automotives has 16 board changes on record in total.
Yes, Acetec Automotives is registered as a small enterprise under Udyam registration (number: UDYAM-KR-21-0005526).
The registered office of Acetec Automotives is at No.1230 10th Cross 1st Phase 1st Stage Chandra Layout, Bangalore, Karnataka, India – 560072.
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