About Acute Corporate Services Private Limited
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Acute Corporate Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2009PTC050491. Its GSTIN is 29AAHCA8365L3ZY (Karnataka). 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 Appusamy Sathya and Santhanam Devibala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 47 Ugadhi Road Akshaya Nagara Yelenahalli, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2015, the company reported a revenue of ₹34.32 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.13 Lakh (net margin -6.2%) and EBITDA of ₹72,156 (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acute.co.in.
Company details
Contact details
Acute Corporate Services Private Limited's registered office is in Bangalore, Karnataka. Its website is acute.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo 47 Ugadhi Road Akshaya Nagara Yelenahalli, Bangalore, Karnataka, India – 560045
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Acute Corporate Services 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
Financials of Acute Corporate Services Private Limited
FY 2022 filings availableAcute Corporate Services Private Limited reported revenue of ₹34.32 Lakh (down 14% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 14% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹34.32 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹72,156 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.13 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.1% |
| Net Profit Margin | -6.2% |
| 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 Acute Corporate Services Private Limited, buy the company report.
Board of directors of Acute Corporate Services Private Limited
Acute Corporate Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Appusamy Sathya | Director | 06 Dec 2019 | 6 Years 10 Months | Current |
| Santhanam Devibala | Director | 06 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Acute Corporate Services Private Limited is audited by G. Ravindra & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. Ravindra & Co. | FY 2015 |
Shareholding
The shareholding of Acute Corporate Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Acute Corporate Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Acute Corporate Services 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 Acute Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acute Corporate Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCA8365L3ZY | Karnataka | Active | 15 Sep 2017 |
To see the full GST registrations and return filing status of Acute Corporate Services Private Limited, buy the company report.
Recent activity
Acute Corporate Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Appusamy Sathya was appointed as Director on 06 Dec 2019.
Frequently asked questions
Acute Corporate Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 July 2009 (17+ years old) and is registered under CIN U74140KA2009PTC050491.
Acute Corporate Services has 2 current directors:
- Appusamy Sathya - Director
- Santhanam Devibala - Director
The latest financial statements of Acute Corporate Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Acute Corporate Services is 29AAHCA8365L3ZY, registered in Karnataka. 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 Acute Corporate Services is U74140KA2009PTC050491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acute Corporate Services was incorporated on 27 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Appusamy Sathya was appointed as Director on 06 Dec 2019. Jayaprakash Ashirwadam Thota ceased to be Director on 06 Dec 2019. Santhanam Devibala was appointed as Director on 06 Dec 2019. Acute Corporate Services has 5 board changes on record in total.
Acute Corporate Services can be reached through the website acute.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Acute Corporate Services is at No 47 Ugadhi Road Akshaya Nagara Yelenahalli, Bangalore, Karnataka, India – 560045.
Acute Corporate Services operates in the information technology industry, in the IT consulting and support services segment.
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