About Aculance IT Solutions Private Limited
Data last updated:
Aculance IT Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2018PTC045416. Its GSTIN is 23AAQCA7131D1ZY (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ankit Dave and Maharishi Gautam.
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 Nrk Biz Park, Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.05 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹54,461 (net margin 0.7%) and EBITDA of ₹13.82 Lakh (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 29% over five years.
The company is associated with 1 brand: Aculance. As per MCA filings, the company has open charges of ₹12 Lakh on record.
For more details, the company can be reached via its website aculance.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address202 Plot No. 405, Nrk Biz Park Pu4 Vijay Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Aculance IT Solutions Private Limited
The main business activity of Aculance IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aculance IT Solutions Private Limited FY 2025 filings available
Aculance IT Solutions Private Limited reported revenue of ₹77.05 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aculance IT Solutions Private Limited
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 19% 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 of Aculance IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54,461 | •••• | •••• | •••• | •••• |
| 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 of Aculance IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aculance IT Solutions are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aculance IT Solutions Private Limited
Aculance IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ampliz Private Limited | ₹77.13 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Bangalore, Karnataka, India |
| SMBP Software Solutions Private Limited | ₹77.08 Lakh (FY 2024) | •••• | •••• | 61.0% | •••• | Bhubaneswar, Odisha, India |
| Gdigital Media Solutions India Private Limited | ₹77.06 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Jaipur, Rajasthan, India |
| Ezeegro Ventures Private Limited | ₹77.06 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Noida, Uttar Pradesh, India |
| VGD Technologies Private Limited | ₹77.05 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Ahmedabad, Gujarat, India |
| Aculance IT Solutions Private Limited this company | ₹77.05 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Indore, Madhya Pradesh, India |
| Wenour Enterprises Private Limited | ₹77.02 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Cfo Angle AI Solutions Private Limited | ₹77.01 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Bluehole (OPC) Private Limited | ₹77 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Resilient Artificial Intelligence Solutions Private Limited | ₹76.99 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Gurgaon, Haryana, India |
| Asoori Software Solutions Private Limited | ₹76.99 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Aculance IT Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aculance IT Solutions Private Limited
Aculance IT Solutions Private Limited is audited by G J SHAH & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G J SHAH & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aculance IT Solutions Private Limited
Aculance IT Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Dave Also directs: Bizz Park Maintenance LLP | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Maharishi Gautam | Director | 15 Jan 2020 | 6 Years 9 Months | Current |
| Arnit Dave | Director | 27 Mar 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Aculance IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aculance IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 2021 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Aculance IT Solutions Private Limited
Aculance IT Solutions operates one associated brand: Aculance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers application development and digital marketing services to enhance business strategies. | aculance.com |
Employees and EPFO Compliance at Aculance IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Aculance IT Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aculance IT Solutions Private Limited
Aculance IT Solutions Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Ankit Dave was appointed as Director on 04 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Aculance IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aculance IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aculance IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aculance IT Solutions Private Limited
Aculance IT Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAQCA7131D1ZY | Madhya Pradesh | Active | 20 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aculance IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aculance IT Solutions Private Limited
Aculance IT Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 March 2018 (8+ years old) and is registered under CIN U72900MP2018PTC045416.
Aculance IT Solutions reported revenue of ₹77.05 Lakh for FY 2025 (down 51% YoY).
Aculance IT Solutions has 3 current directors:
- Ankit Dave - Director
- Maharishi Gautam - Director
- Arnit Dave - Director
Aculance IT Solutions reported a net profit of ₹54,461 (net margin 0.7%) and EBITDA of ₹13.82 Lakh (EBITDA margin 17.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aculance IT Solutions is 31% over three years and 29% over five years. In the latest year (FY 2025) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aculance IT Solutions is 23AAQCA7131D1ZY, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Aculance IT Solutions is U72900MP2018PTC045416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aculance IT Solutions was incorporated on 27 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Aculance IT Solutions by revenue are Ampliz Private Limited, SMBP Software Solutions Private Limited, Gdigital Media Solutions India Private Limited, Ezeegro Ventures Private Limited, VGD Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ankit Dave was appointed as Director on 04 Feb 2020. Maharishi Gautam was appointed as Director on 15 Jan 2020. Vishal Dubey ceased to be Director on 15 Jan 2020. Aculance IT Solutions has 4 board changes on record in total.
Yes, Aculance IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).