DPIIT recognised startup Government of India
Startup India
Acsz Tech Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.76 Cr
▲ 2037% YoY
Net loss · FY 2024
₹60.24 Lakh
Net margin -34.1%
EBITDA · FY 2024
-₹2.6 Lakh
EBITDA margin -1.5%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹34.03 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
GST registrations
1
None active
About Acsz Tech Private Limited
Data last updated:
Acsz Tech Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 19 June 2019.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC130006. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹34.03 Lakh. It is led by directors including Rangarajan Madhusudanan and Muthukumar Ayyakkannu.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 17 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹60.24 Lakh (net margin -34.1%) and EBITDA of -₹2.6 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 571% over three years.
The company is associated with 1 brand: Wizi. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.08 Cr; the latest was in October 2021.
The last known website on record is acsz.in.
Company details
CIN U72900TN2019PTC130006
Registration Number 130006
Incorporation Date 19 June 2019
ROC Chennai
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 15 November 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Rangarajan Madhusudanan Director Muthukumar Ayyakkannu Director Prabhu Rangarajan Director Recognitions & Rankings of Acsz Tech
Contact details
Acsz Tech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is acsz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address17 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Acsz Tech Private Limited, buy the company report.
Comprehensive company report
Acsz Tech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Acsz Tech 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 Acsz Tech Private Limited, buy the company report.
Financials of Acsz Tech Private Limited
FY 2024 filings availableAcsz Tech Private Limited reported revenue of ₹1.76 Cr (up 2037% YoY) for FY 2024.
Revenue · FY 2024
₹1.76 Cr ▲ 2037%
Net loss · FY 2024
₹60.24 Lakh margin -34.1%
EBITDA · FY 2024
-₹2.6 Lakh margin -1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 571%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 571% over three years. EBITDA rose 73% 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 |
|---|---|---|---|---|---|
| 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 | -₹2.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.24 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -34.1% | ||||
| 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 Acsz Tech Private Limited, buy the company report.
Board of directors of Acsz Tech Private Limited
Acsz Tech has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangarajan Madhusudanan Also directs: Finana Partners LLP, Chennai-Falcons E-Cricket League LLP, FF Payments Tech Private Limited and 5 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Muthukumar Ayyakkannu Also directs: FF Payments Tech Private Limited, Conflux Technologies Private Limited, M2p BSG Itsoft Private Limited and 5 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Prabhu Rangarajan Also directs: Finana Partners LLP, FF Payments Tech Private Limited, Conflux Technologies Private Limited and 5 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
Auditor
Acsz Tech Private Limited is audited by K N P & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N P & CO | FY 2022 | 018364S |
Shareholding
The shareholding of Acsz Tech Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Acsz Tech Private Limited, buy the company report.
Deals & funding
Acsz Tech Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.08 Cr; the latest was in October 2021.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹1.08 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: M2p Solutions Private Limited Seller: 4 individuals |
| Mar 2021 | Funding round | ₹10 Lakh | Investors: an individual |
| Oct 2020 | Funding round | ₹82.9 Lakh | Investors: Anicut Angel Fund, 3 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2019 | Rights issue | ₹78 Lakh | Investors: Mse Financial Services Limited, 3 individuals |
To see the full deal history of Acsz Tech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Acsz Tech 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 Acsz Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acsz Tech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Acsz Tech Private Limited, buy the company report.
Recent activity
Acsz Tech Private Limited has 8 board changes on record since 2023: 3 appointments and 5 cessations. The latest: Muthukumar Ayyakkannu ceased to be Additional Director on 14 Nov 2024.
AGM
Acsz Tech Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
Ceased
Muthukumar Ayyakkannu ceased to be Additional Director.
Ceased
Prabhu Rangarajan ceased to be Additional Director.
Ceased
Rangarajan Madhusudanan ceased to be Additional Director.
Filing
Acsz Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Anandaraj Venkatesan ceased to be Director.
Ceased
Sushma Rai Bhagamandala Venkatappa Rai ceased to be Director.
Appointed
Muthukumar Ayyakkannu was appointed as Director.
Appointed
Prabhu Rangarajan was appointed as Director.
Appointed
Rangarajan Madhusudanan was appointed as Director.
Incorporation
19 Jun 2019
Acsz Tech Private Limited was registered on 19 Jun 2019 with Roc Chennai & aged 7 years 4 months as per MCA records.
Frequently asked questions
Acsz Tech is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Acsz Tech is a company pending strike off, currently registered as a private limited company based in Chennai, Tamil Nadu, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 19 June 2019 and is registered under CIN U72900TN2019PTC130006. The company may be struck off soon - caution is advised.
Acsz Tech has 3 current directors:
- Rangarajan Madhusudanan - Director
- Muthukumar Ayyakkannu - Director
- Prabhu Rangarajan - Director
The CIN (Corporate Identification Number) of Acsz Tech is U72900TN2019PTC130006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acsz Tech was incorporated on 19 June 2019. It is registered with the Registrar of Companies, Chennai.
Yes, Acsz Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Acsz Tech can be reached through the website acsz.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Acsz Tech is at 17 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004.
The latest financial statements of Acsz Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from FY 2020 are in the company report.
No. Acsz Tech has 1 GST registration on record and it is cancelled or inactive.