Aic Verve Accelerator Private Limited
About Aic Verve Accelerator Private Limited
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Aic Verve Accelerator Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 11 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2019PTC030660. Its GSTIN is 21AASCA0303P1ZR (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Makrand Dekhane and Debasish Mahapatro.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot Hig – 32 Jaydev Vihar, Bhubaneswar, Odisha, India – 751013.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.8 Lakh (net margin 0.9%) and EBITDA of ₹3 Lakh (EBITDA margin 0.9%).
Company details
Contact details
Aic Verve Accelerator Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot Hig – 32 Jaydev Vihar, Bhubaneswar, Odisha, India – 751013
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Aic Verve Accelerator 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
Business activity
The main business activity of Aic Verve Accelerator 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 Aic Verve Accelerator Private Limited, buy the company report.
Financials of Aic Verve Accelerator Private Limited
FY 2024 filings availableAic Verve Accelerator Private Limited reported revenue of ₹3.29 Cr (up 881% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 881% in the latest year. EBITDA rose 383% 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
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| EBITDA | ₹3 Lakh | ||||
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| Net Profit (PAT) | ₹2.8 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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| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Aic Verve Accelerator Private Limited, buy the company report.
Board of directors of Aic Verve Accelerator Private Limited
Aic Verve Accelerator has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makrand Dekhane | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Debasish Mahapatro Also directs: Dwija Seedlings LLP, Wovinova Private Limited, East Coast Nickel Private Limited and 5 more | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Aic Verve Accelerator Private Limited is audited by MANOJ CHOUDHURY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ CHOUDHURY & ASSOCIATES | FY 2023 | 327294E |
Shareholding
The shareholding of Aic Verve Accelerator Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aic Verve Accelerator Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aic Verve Accelerator 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 Aic Verve Accelerator Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aic Verve Accelerator has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AASCA0303P1ZR | Odisha | Active | 19 Apr 2023 |
To see the full GST registrations and return filing status of Aic Verve Accelerator Private Limited, buy the company report.
Recent activity
Aic Verve Accelerator Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Debasish Mahapatro was appointed as Director on 11 Mar 2019.
Frequently asked questions
Aic Verve Accelerator is an active private limited company based in Bhubaneswar, Odisha, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 11 March 2019 (7+ years old) and is registered under CIN U74999OR2019PTC030660.
Aic Verve Accelerator has 2 current directors:
- Makrand Dekhane - Director
- Debasish Mahapatro - Director
The latest financial statements of Aic Verve Accelerator on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Aic Verve Accelerator is 21AASCA0303P1ZR, registered in Odisha.
The CIN (Corporate Identification Number) of Aic Verve Accelerator is U74999OR2019PTC030660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aic Verve Accelerator was incorporated on 11 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
Debasish Mahapatro was appointed as Director on 11 Mar 2019. Makrand Dekhane was appointed as Director on 11 Mar 2019.
The registered office of Aic Verve Accelerator is at Plot Hig – 32 Jaydev Vihar, Bhubaneswar, Odisha, India – 751013.
Aic Verve Accelerator operates in the travel and hospitality industry, in the consumer professional services segment.
Aic Verve Accelerator can be reached at its registered office: Plot Hig – 32 Jaydev Vihar, Bhubaneswar, Odisha, India – 751013.