DPIIT recognised startup Government of India
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Acon Innovations Private Limited
Acon Innovations Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.67 Cr
▲ 69% YoY
Net profit · FY 2024
₹22.13 Lakh
Net margin 13.3%
EBITDA · FY 2024
₹29.96 Lakh
EBITDA margin 17.9%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Acon Innovations Private Limited
Data last updated:
Acon Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2018PTC103532. Its GSTIN is 24AARCA1795Q1ZU (Gujarat).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Khush Kartik Bakeri and Kartik Prafull Bakeri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11th Floor – 1104 Sakar – 9 Nr.Old Reserve Bank Opp. Times Of India, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.67 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹22.13 Lakh (net margin 13.3%) and EBITDA of ₹29.96 Lakh (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 24% over five years.
Company details
CIN U31909GJ2018PTC103532
Registration Number 103532
Incorporation Date 06 August 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Acon Innovations
Contact details
Acon Innovations Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address11th Floor – 1104 Sakar – 9 Nr.Old Reserve Bank Opp. Times Of India, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Acon Innovations Private Limited, buy the company report.
Comprehensive company report
Acon Innovations 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
Business activity
The main business activity of Acon Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Acon Innovations Private Limited, buy the company report.
Financials of Acon Innovations Private Limited
FY 2025 filings availableAcon Innovations Private Limited reported revenue of ₹1.67 Cr (up 69% YoY) for FY 2024.
Revenue · FY 2024
₹1.67 Cr ▲ 69%
Net profit · FY 2024
₹22.13 Lakh margin 13.3%
EBITDA · FY 2024
₹29.96 Lakh margin 17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 65%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 39%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 69% growth in the latest year. EBITDA rose 17% 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 | ₹29.96 Lakh | ||||
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| Net Profit (PAT) | ₹22.13 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 | 17.9% | ||||
| Net Profit Margin | 13.3% | ||||
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To see the full financial statements and ratios of Acon Innovations Private Limited, buy the company report.
Board of directors of Acon Innovations Private Limited
Acon Innovations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khush Kartik Bakeri Also directs: Chintamani Power Infra Private Limited | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Kartik Prafull Bakeri Also directs: Bakeri Foods Pvt Ltd | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Jayesh B Patel | Director | 08 Apr 2024 | 2 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Acon Innovations 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 Acon Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acon Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCA1795Q1ZU | Gujarat | Active | 15 Feb 2019 |
To see the full GST registrations and return filing status of Acon Innovations Private Limited, buy the company report.
Recent activity
Acon Innovations Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Jayesh B Patel ceased to be Additional Director on 15 Sep 2024.
AGM
Acon Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Acon Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jayesh B Patel ceased to be Additional Director.
Appointed
Jayesh B Patel was appointed as Director.
Appointed
Kartik Prafull Bakeri was appointed as Director.
Appointed
Khush Kartik Bakeri was appointed as Director.
Incorporation
06 Aug 2018
Acon Innovations Private Limited was registered on 06 Aug 2018 with Roc Ahmedabad & aged 8 years 2 months as per MCA records.
Frequently asked questions
Acon Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 August 2018 (8+ years old) and is registered under CIN U31909GJ2018PTC103532.
Acon Innovations has 3 current directors:
- Khush Kartik Bakeri - Director
- Kartik Prafull Bakeri - Director
- Jayesh B Patel - Director
The latest financial statements of Acon Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Acon Innovations is 24AARCA1795Q1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Acon Innovations is U31909GJ2018PTC103532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acon Innovations was incorporated on 06 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayesh B Patel ceased to be Additional Director on 15 Sep 2024. Jayesh B Patel was appointed as Director on 08 Apr 2024. Kartik Prafull Bakeri was appointed as Director on 06 Aug 2018. Acon Innovations has 4 board changes on record in total.
Yes, Acon Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Acon Innovations is at 11th Floor – 1104 Sakar – 9 Nr.Old Reserve Bank Opp. Times Of India, Ahmedabad, Gujarat, India – 380009.
Acon Innovations operates in the consumer electronics and durables industry, in the electronics manufacturing segment.