Accel Limited

IT and media services, engineering, R&D, product development, IT infrastructure management, software development, animation content development.

1991 | Aminjikarai Chennai 29, Tamil Nadu (India) | Merged
Last Updated:

Accel Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.23 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 37.10 Cr
  • Satisfied Charges ₹ 135.45 Cr
  • Revenue Growth -17.18%
  • Profit Growth -47.08%
  • Ebitda -11.20%
  • Net Worth 1.48%
  • Total Assets 1.94%

About Accel

Accel Limited (AL) is Amalgamated company established on 13 Mar 1991 with its office registered at and has been running since 33 Year, 11 Months with a paid up capital of 3.23 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location Aminjikarai, Chennai 29, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    accel-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309TN1991PLC020471

  • Company No.

    020471

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1991

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Accel?

Board Members (3)

NameDesignationAppointment DateStatus
Chandrasekaran Kolumam Country flag representing In Additional Director 07-Mar-2008Current
Narayana Panicker Country flag representing In Director 13-Mar-1991Current
Chaniyilparampu Ramchand Country flag representing Gb Additional Director 27-Oct-2016Current

Financial Performance of Accel.

Accel Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 17.18% decrease. The company also saw a substantial fall in profitability, with a 47.08% decrease in profit. The company's net worth moved up by a moderate rise of 1.48%.

Accel revenue growth over time
Accel profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.18%
Revenue from Operations
Total Assets
1.94%
Profit or Loss
-47.08%
Net Worth
1.48%
EBITDA
-11.20%

What is the Ownership and Shareholding Structure of Accel?

In 2017, Accel had a promoter holding of 75.61% and a public holding of 24.39%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.10 Cr

Satisfied Charges

₹135.45 Cr

Charges Breakdown by Lending Institutions

  • Icici Banking Corporation Ltd. : 15.50 Cr
  • Icici Bank Ltd. : 14.00 Cr
  • Icici Emerging Sectors Fund : 4.00 Cr
  • Indian Overseas Bank : 2.65 Cr
  • Sundaram Finance Services Ltd. : 0.70 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2003Icici Emerging Sectors Fund₹4.00 CrOpen
13 Feb 2001Icici Bank Ltd.₹14.00 CrOpen
01 Dec 1999Icici Banking Corporation Ltd.₹15.50 CrOpen
01 Oct 1997Indian Overseas Bank₹1.85 CrOpen
10 Mar 1997Manakchand Chordia₹2.50 MOpen

How Many Employees Work at Accel?

Unlock and access historical data on people associated with Accel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Accel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accel, 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 Accel's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Accel

Recent activity within the organization

  • Charges

    A charge registered on 26 Mar 2009 via Charge ID 10158478 with State Bank Of India was fully satisfied on 22 Dec 2017.

  • Charges

    A charge registered on 26 Mar 2009 via Charge ID 10159073 with State Bank Of India was fully satisfied on 22 Dec 2017.

  • Annual General Meeting

    Accel Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

  • Balance Sheet

    Accel Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.

  • Director Appointment

    Chaniyilparampu Nanappan Ramchand was appointed as a Additional Director was appointed as a Additional Director on 27 Oct 2016 & has been associated with this company since 8 years 4 months .

  • Charges

    A charge registered on 04 Aug 2010 via Charge ID 10236055 with City Union Bank Ltd was fully satisfied on 31 Mar 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Accel Limited?

    Accel Limited was incorporated on 13 Mar 1991.

  • What is authorized share capital and paid-up capital of Accel Limited?

    The authorized share capital of Accel Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.23 Cr.

  • Who are the current board members & directors of Accel Limited?

    Currently 3 directors are associated with Accel Limited.

    • Chandrasekaran Ramakrishnan Kolumam
    • Narayana Pillai Reghoothama Panicker
    • Chaniyilparampu Nanappan Ramchand

  • What is the registered address of Accel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Accel Limited is No.124, 3Rd Floor Nelson Manickam Road India, Aminjikarai Chennai 29, Tamil Nadu, 600029.

  • What is the corporate identification number (CIN) and company number of Accel Limited?

    The corporate identification number (CIN) of Accel Limited is U29309TN1991PLC020471 and the company number is 020471 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Accel Limited?

    The Official website of Accel Limited is https://www.accel-india.com

  • What has been the recent revenue trend for Accel Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Accel Limited has fallen by -17.18%.

  • What change has been observed in the net worth of Accel Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Accel Limited has experienced an upsurge of 1.48%.

  • What are the total open charges for Accel Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Accel Limited amount to ₹ 37.10 Cr.

  • When was the last Balance Sheet of Accel Limited filed with the ROC?

    The most recent Balance Sheet for Accel Limited was filed with the ROC on 31 Mar 2017.

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