Mahindra Accelo Profile
Key Indicators
- Authorised Capital ₹ 46.75 Cr
as on 25-06-2024
- Paid Up Capital ₹ 16.60 Cr
as on 25-06-2024
- Company Age 46 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 567.50 Cr
as on 25-06-2024
- Satisfied Charges ₹ 186.00 Cr
as on 25-06-2024
- Revenue 31.88%
(FY 2023)
- Profit -21.42%
(FY 2023)
- Ebitda -20.14%
(FY 2023)
- Net Worth 9.34%
(FY 2023)
- Total Assets 2.69%
(FY 2023)
About Mahindra Accelo
The Corporate was formerly known as Mahindra Exports Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 46.75 Cr and a paid-up capital of Rs 16.60 Cr.
The company currently has active open charges totaling ₹567.50 Cr. The company has closed loans amounting to ₹186.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahindra Accelo Limited India are Romali Malvankar as COMPANY SECRETARY and Saroj Khuntia as Cfo. Punita Sinha, Sumit Issar, Mohit Kapoor, and Six other members serve as directors at the Company.
- CIN/LLPIN
U51900MH1978PLC020222
- Company No.
020222
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Mar 1978
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Mahindra Accelo Limited offer?
Mahindra Accelo Limited offers a wide range of products and services, including Logistics Service, Electrical & Electronic Goods Repair, Electrical Repairing Services, Stamping Services.
Who are the key members and board of directors at Mahindra Accelo?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumit Issar  | Managing Director | 01-Oct-2015 | Current |
| Romali Malvankar | Company Secretary | 18-Jan-2016 | Current |
| Saroj Khuntia | CFO | 01-Aug-2020 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Punita Sinha  | Director | 27-Oct-2014 | Current |
| Parag Shah | Director | 22-Jul-2010 | Current |
| Ashok Barat | Director | 02-Feb-2018 | Current |
| Mohit Kapoor | Director | 26-Apr-2021 | Current |
| Anil Chopra | Director | 23-Jun-2022 | Current |
| Bharat Doshi | Director | 27-Dec-1990 | Current |
Financial Performance of Mahindra Accelo.
Mahindra Accelo Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.88% increase. The company also saw a substantial fall in profitability, with a 21.42% decrease in profit. The company's net worth moved up by a moderate rise of 9.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahindra Accelo?
In 2022, Mahindra Accelo had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹567.50 Cr
₹186.00 Cr
Charges Breakdown by Lending Institutions
- Others : 360.00 Cr
- State Bank Of India : 137.50 Cr
- Hdfc Bank Ltd. : 55.00 Cr
- Axis Bank Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2023 | Others | ₹200.00 Cr | Open |
| 24 Nov 2021 | Others | ₹160.00 Cr | Open |
| 18 Apr 2006 | Axis Bank Limited | ₹15.00 Cr | Open |
| 20 Feb 2006 | Hdfc Bank Ltd. | ₹55.00 Cr | Open |
| 12 Oct 1999 | State Bank Of India | ₹137.50 Cr | Open |
How Many Employees Work at Mahindra Accelo?
Mahindra Accelo has a workforce of 137 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahindra Accelo, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahindra Accelo's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
