About Leaseaccelerator India Private Limited
Data last updated:
Leaseaccelerator India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Leaseaccelerator Inc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 July 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016FTC283391. Its GSTIN is 27AADCL1031A1ZB (Maharashtra).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors Vasanta Rao Palakodety and Vinod Patrick Noronha.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.32 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹24.73 Lakh (net margin -1.9%) and EBITDA of ₹1.75 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 33% over five years.
The last known website on record is explore.leaseaccelerator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWework Enam Sambhav, C – 20 G Block Bandra – Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Leaseaccelerator India Private Limited
The main business activity of Leaseaccelerator India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Auditor Details of Leaseaccelerator India Private Limited
Leaseaccelerator India Private Limited is audited by SUDIT K PAREKH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDIT K PAREKH & CO | 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 Leaseaccelerator India Private Limited
Leaseaccelerator India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasanta Rao Palakodety Also directs: Insightsoftware International Private Limited | Director | 09 Jul 2024 | 2 Years 2 Months | As last reported |
| Vinod Patrick Noronha Also directs: Insightsoftware International Private Limited | Director | 09 Jul 2024 | 2 Years 2 Months | As last reported |
Financials of Leaseaccelerator India Private Limited FY 2025 filings available
Leaseaccelerator India Private Limited reported revenue of ₹13.32 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Leaseaccelerator India Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 14% 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 Leaseaccelerator India 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 | ₹1.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24.73 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 of Leaseaccelerator India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• | •••• |
| 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 Leaseaccelerator India are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Leaseaccelerator India 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 Leaseaccelerator India Private Limited
Leaseaccelerator India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Leaseaccelerator India Private Limited
Employment history and EPFO contributions of people linked to Leaseaccelerator India.
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.
GST Compliance of Leaseaccelerator India Private Limited
Leaseaccelerator India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL1031A1ZB | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Leaseaccelerator India 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 Leaseaccelerator India 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 Leaseaccelerator India 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.
MCA Filings & Documents of Leaseaccelerator India 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.
Recent Activity on Leaseaccelerator India Private Limited
Frequently Asked Questions about Leaseaccelerator India Private Limited
Leaseaccelerator India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Leaseaccelerator India is a company under liquidation, formerly operating as a foreign private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 July 2016 and is registered under CIN U72900MH2016FTC283391. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Leaseaccelerator India reported revenue of ₹13.32 Cr for FY 2025 (down 14% YoY).
Leaseaccelerator India has 2 current directors:
- Vasanta Rao Palakodety - Director
- Vinod Patrick Noronha - Director
Leaseaccelerator India reported a net loss of ₹24.73 Lakh (net margin -1.9%) and EBITDA of ₹1.75 Cr (EBITDA margin 13.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Leaseaccelerator India is 57% over three years and 33% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Leaseaccelerator India is U72900MH2016FTC283391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leaseaccelerator India was incorporated on 08 July 2016. It is registered with the Registrar of Companies, Mumbai.
Leaseaccelerator India can be reached through the website explore.leaseaccelerator.com. Its registered office is in Mumbai, Maharashtra, India.