About Ia Accel Private Limited
Data last updated:
Ia Accel Private Limited was a private limited company based in Gurgaon, Haryana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 24 January 2018.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2018PTC072419. Its GSTIN is 06AAECI7518Q1Z0 (Haryana).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.36 Lakh. It was led by directors Ashish Bhatia and Abhay Chawla.
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 was at 336 Second Floor Udyog Vihar Phase IV, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.39 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 13.1%) and EBITDA of ₹1.29 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 47% over five years.
Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 2 cases are pending.
The last known website on record is indiaaccelerator.co.
Company details
Contact details
Ia Accel Private Limited's registered office is in Gurgaon, Haryana. Its website is indiaaccelerator.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address336 Second Floor Udyog Vihar Phase IV, Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Ia Accel 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 Ia Accel is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ia Accel Private Limited, buy the company report.
Financials of Ia Accel Private Limited
FY 2024 filings availableIa Accel Private Limited reported revenue of ₹8.39 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 46% growth in the latest year. EBITDA rose 361% 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 | ₹1.29 Cr | ||||
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| Net Profit (PAT) | ₹1.1 Cr | ||||
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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 | 15.3% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Ia Accel Private Limited, buy the company report.
Board of directors of Ia Accel Private Limited
Ia Accel has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Bhatia Also directs: Scale and Grow Innovations LLP, Variance India Accelerator Business Growth LLP, Finvolve Advisors LLP and 5 more | Director | 24 Jan 2018 | 8 Years 8 Months | As last reported |
| Abhay Chawla | Director | 24 Jan 2018 | 8 Years 8 Months | As last reported |
Auditor
Ia Accel Private Limited is audited by APAM & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APAM & CO. | FY 2024 | 019238C |
Shareholding
The shareholding of Ia Accel Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ia Accel Private Limited, buy the company report.
Legal cases
Ia Accel Private Limited has 11 court cases on record: 2 filed by Ia Accel, 9 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 3 | 3 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Super Highway Labs Pvt. Ltd. | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Cha Engineering and Construction Pvt. Ltd. | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Cha Engineering Construction | Pending |
| High Court of Karnataka | Court case (RP) | Filed against the company by M/S Cha Engineering and | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ia Accel Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ia Accel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ia Accel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECI7518Q1Z0 | Haryana | Active | 28 Jun 2018 |
To see the full GST registrations and return filing status of Ia Accel Private Limited, buy the company report.
Recent activity
Ia Accel Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Sarupriya Dang ceased to be Director on 16 Jul 2020.
News
Frequently asked questions
Ia Accel has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ia Accel was a private limited company based in Gurgaon, Haryana, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 24 January 2018 and is registered under CIN U74999HR2018PTC072419. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ia Accel was incorporated on 24 January 2018. It is registered with the Registrar of Companies, Delhi.
Ia Accel had 2 directors:
- Ashish Bhatia - Director
- Abhay Chawla - Director
The CIN (Corporate Identification Number) of Ia Accel is U74999HR2018PTC072419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ia Accel is at 336 Second Floor Udyog Vihar Phase IV, Gurgaon, Haryana, India – 122001.
Ia Accel can be reached through the website indiaaccelerator.co. Its registered office is in Gurgaon, Haryana, India.
The latest financial statements of Ia Accel 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 2018 are in the company report.
The GSTIN of Ia Accel is 06AAECI7518Q1Z0, registered in Haryana.
Ia Accel operated in the financial services industry, in the real estate financing segment.