About Acetech Innovative Media Solutions Private Limited
Data last updated:
Acetech Innovative Media Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 19 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2005PTC056021. Its GSTIN is 33AAFCA1915L1ZV (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nandakumar Venugopal and Palaniyappan Shenbaga Saravanan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 265B Ammayee Ammal Street Ayyavoo Colony Aminjikarai, Chennai, Tamil Nadu, India – 600029.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.49 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹14.39 Lakh (net margin -412%) and EBITDA of -₹11.89 Lakh (EBITDA margin -340.3%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.
As per MCA filings, the company has open charges of ₹24 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aims-web.com.
Company details
Contact details
Acetech Innovative Media Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is aims-web.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 265B Ammayee Ammal Street Ayyavoo Colony Aminjikarai, Chennai, Tamil Nadu, India – 600029
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Acetech Innovative Media 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 Acetech Innovative Media Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Acetech Innovative Media Solutions Private Limited, buy the company report.
Financials of Acetech Innovative Media Solutions Private Limited
FY 2020 filings availableAcetech Innovative Media Solutions Private Limited reported revenue of ₹3.49 Lakh (down 78% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over three years, including a 78% fall in the latest year. EBITDA fell 67% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.39 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -340.3% | ||||
| Net Profit Margin | -412% | ||||
| 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 Acetech Innovative Media Solutions Private Limited, buy the company report.
Board of directors of Acetech Innovative Media Solutions Private Limited
Acetech Innovative Media Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandakumar Venugopal | Director | 19 Apr 2005 | 21 Years 6 Months | Current |
| Palaniyappan Shenbaga Saravanan Also directs: Thulir Learning Solutions Private Limited | Director | 19 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Acetech Innovative Media Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ciphervaults Technologies Private Limited | ₹3.5 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Bethelight IT Solutions Private Limited | ₹3.5 Lakh (FY 2025) | -40.0% | Bareilly, Uttar Pradesh, India | |||
| Apms Engineering Private Limited | ₹3.5 Lakh (FY 2022) | Bhopal, Madhya Pradesh, India | ||||
| Peacegate International Private Limited | ₹3.5 Lakh (FY 2025) | Ernakulam, Kerala, India | ||||
| Pratuk Innovation Private Limited | ₹3.5 Lakh (FY 2020) | 1202.0% | Fatehpur, Uttar Pradesh, India | |||
| Acetech Innovative Media Solutions Private Limitedthis company | ₹3.49 Lakh (FY 2020) | -₹14.39 Lakh | -412% | -78.0% | Chennai, Tamil Nadu, India | |
| Fordeal Technology Private Limited | ₹3.49 Lakh (FY 2025) | 525.0% | New Delhi, Delhi, India | |||
| Vedhas Biz Private Limited | ₹3.49 Lakh (FY 2025) | -26.0% | Kalyan, Maharashtra, India | |||
| Auto Safe Industries Private Limited | ₹3.49 Lakh (FY 2022) | 169.0% | Nagpur, Maharashtra, India | |||
| Pankaj Toshniwal Designs Private Limited | ₹3.49 Lakh (FY 2017) | 48.0% | Kolkata, West Bengal, India | |||
| Hello Infinity Business Solutions Private Limited | ₹3.49 Lakh (FY 2020) | -87.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Acetech Innovative Media Solutions Private Limited, buy the company report.
Auditor
Acetech Innovative Media Solutions Private Limited is audited by SANJIV SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJIV SHAH & ASSOCIATES | FY 2017 | 003572S |
Shareholding
The shareholding of Acetech Innovative Media Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Acetech Innovative Media Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2011 | 10283258 | Indian Bank | ₹15 Lakh | Open | |
| 19 Oct 2009 | 10182267 | Indian Bank | ₹5 Lakh | Open | |
| 04 Jan 2008 | 10085587 | Indian Bank | ₹2 Lakh | Open | |
| 10 May 2007 | 10057564 | Indian Bank | ₹2 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Acetech Innovative Media Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acetech Innovative Media Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acetech Innovative Media Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA1915L1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acetech Innovative Media Solutions Private Limited, buy the company report.
Recent activity
Acetech Innovative Media Solutions Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Prabhakaran Kanchana ceased to be Director on 20 Apr 2005.
Frequently asked questions
Acetech Innovative Media Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in retail trading, within the trading industry. It was incorporated on 19 April 2005 (21+ years old) and is registered under CIN U72200TN2005PTC056021.
Acetech Innovative Media Solutions has 2 current directors:
- Nandakumar Venugopal - Director
- Palaniyappan Shenbaga Saravanan - Director
The latest financial statements of Acetech Innovative Media Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Acetech Innovative Media Solutions is 33AAFCA1915L1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Acetech Innovative Media Solutions is U72200TN2005PTC056021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acetech Innovative Media Solutions was incorporated on 19 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Acetech Innovative Media Solutions by revenue are Ciphervaults Technologies Private Limited, Bethelight IT Solutions Private Limited, Apms Engineering Private Limited, Peacegate International Private Limited, Pratuk Innovation Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).
Prabhakaran Kanchana ceased to be Director on 20 Apr 2005. Prabhakaran Sivakumar ceased to be Director on 20 Apr 2005. Nandakumar Venugopal was appointed as Director on 19 Apr 2005. Acetech Innovative Media Solutions has 4 board changes on record in total.
Acetech Innovative Media Solutions can be reached through the website aims-web.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Acetech Innovative Media Solutions is at No. 265B Ammayee Ammal Street Ayyavoo Colony Aminjikarai, Chennai, Tamil Nadu, India – 600029.
Acetech Innovative Media Solutions operates in the trading industry, in the retail trading segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
