Acetower Agencies Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Madurai, Tamil Nadu, India, established in 2013.
2013 Madurai, Tamil Nadu, India Active
Last Updated:
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About Acetower Agencies Private Limited

Acetower Agencies Private Limited, a active private limited company, was established on 15 July 2013 in Madurai, Tamil Nadu, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U52300TN2013PTC092150. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.60 M.

It upholds a active non-compliant status. Its leadership includes Murugan Kandasamy (Managing Director), Sabaridevi (Director). Past directors included Karthigai Kumar Suganthi, Annamalai Muthukumar. It holds ₹2.56 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2017, with the balance sheet filed on 31 March 2017. It is based at First Floor Old No 14-A New No 4A Kamala 2Nd Street Chinna Chokkikulam, Madurai, Tamil Nadu, 625002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U52300TN2013PTC092150

  • Registration Number

    092150

  • Incorporation Date

    15 July 2013

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.60 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 2.56 Cr
  • Revenue Growth **** -22.95%
  • Profit Growth **** 185.75%
  • Ebitda **** 474.12%
  • Net Worth 135.98%
  • Total Assets **** 15.90%
Company report

Acetower Agencies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Acetower Agencies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Acetower Agencies Private Limited?
Current Directors
Name Designation Appointment Date Status
Murugan Kandasamy Managing Director 15 Jul 2013 Current
Sabaridevi Director 15 Jul 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Director 28 Aug 2016 Past

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Financial Performance of Acetower Agencies.

Acetower Agencies Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 22.95% decrease. The company also saw a substantial improvement in profitability, with a 185.75% increase in profit. The company's net worth Soared by an impressive increase of 135.98%.

Acetower Agencies revenue growth over time
Acetower Agencies profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -22.95%
*******
*******
*******
*******
Revenue from Operations
*******
 -21.87%
*******
*******
*******
*******
Total Assets
*******
 15.90%
*******
*******
*******
*******
Profit or Loss
*******
 185.75%
*******
*******
*******
*******
Net Worth
*******
 135.98%
*******
*******
*******
*******
EBITDA
*******
 474.12%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Acetower Agencies?

In 2017, Acetower Agencies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹25,600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Lakshmi Vilas Bank Limited : 1.30 Cr
  • Hdfc Bank Limited : 1.20 Cr
  • Axis Bank Limited : 0.06 Cr
Latest Charge Details
Date Lender Amount Status
24 May 2016 Lakshmi Vilas Bank Limited ₹1.30 Cr Open
25 Aug 2015 Axis Bank Limited ₹0.60 M Open
18 May 2015 Hdfc Bank Limited ₹1.20 Cr Open

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How Many Employees Work at Acetower Agencies?

Unlock and access historical data on people associated with Acetower Agencies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Acetower Agencies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Acetower Agencies's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Acetower Agencies
Recent Activity within the Organization
  • Annual General Meeting

    The activity Acetower Agencies Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records. was completed.

  • Balance Sheet

    Acetower Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 13.00 M with Charge ID 100033687 was registered on 24 May 2016. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.60 M with Charge ID 10589765 was registered on 25 Aug 2015. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 12.00 M with Charge ID 10570226 was registered on 18 May 2015. was documented.

  • Director Appointment

    The activity Murugan Kandasamy was appointed as a Managing Director was appointed as a Managing Director on 15 Jul 2013 & has been associated with this company since 12 years 7 months . was completed.

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Frequently Asked Questions
What is the CIN of Acetower Agencies Private Limited?

The CIN of Acetower Agencies Private Limited is U52300TN2013PTC092150.

Where is Acetower Agencies Private Limited headquartered?

Acetower Agencies Private Limited is headquartered at First Floor Old No 14-A New No 4A Kamala 2Nd Street Chinna Chokkikulam, Madurai, Tamil Nadu, 625002.

When was Acetower Agencies Private Limited incorporated?

Acetower Agencies Private Limited was incorporated on 15 July 2013.

Who are the current directors of Acetower Agencies Private Limited?

The current directors of Acetower Agencies Private Limited are

What is the primary industry of Acetower Agencies Private Limited?

The primary industry of Acetower Agencies Private Limited is Trade.

Is Acetower Agencies Private Limited a listed company?

Acetower Agencies Private Limited is unlisted.

What is the capital structure of Acetower Agencies Private Limited?

The authorized capital of Acetower Agencies Private Limited is ₹1.00 M, and the paid-up capital is ₹0.60 M.

What is the compliance status of Acetower Agencies Private Limited?

The compliance status of Acetower Agencies Private Limited is Active Non-Compliant.

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