Accel Shipping Private Limited

Provides shipping, freight forwarding, customs clearing, and other port and cargo handling services.

2016 | Cuttack, Odisha (India) | Active
Last Updated:

Accel Shipping Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.83 Cr
  • Satisfied Charges ₹ 9.99 M
  • Revenue Growth 78.70%
  • Profit Growth 159.16%
  • Ebitda 183.48%
  • Net Worth 87.65%
  • Total Assets 120.61%

About Accel Shipping

Accel Shipping Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 December 2016 (Eight years and two months 30 days old ). Its registered office is in Cuttack, Odisha, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹46.83 Cr. The company has closed loans amounting to ₹9.99 M, as per Ministry of Corporate Affairs (MCA) records.

Akhandal Mohanty, Lingaraj Panigrahy, and Harihar Dash serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090OR2016PTC026223

  • Company No.

    026223

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Transport and Logistics

What products or services does Accel Shipping Private Limited offer?

Accel Shipping Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Custom Clearing Service.

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

Board Members (3)

NameDesignationAppointment DateStatus
Akhandal Mohanty Country flag representing In Director 01-Jun-2022Current
Lingaraj Panigrahy Country flag representing In Director 30-Dec-2016Current
Harihar Dash Country flag representing In Director 30-Dec-2016Current

Financial Performance of Accel Shipping.

Accel Shipping Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.7% increase. The company also saw a substantial improvement in profitability, with a 159.16% increase in profit. The company's net worth Soared by an impressive increase of 87.65%.

Accel Shipping revenue growth over time
Accel Shipping 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
78.70%
Revenue from Operations
78.68%
Total Assets
120.61%
Profit or Loss
159.16%
Net Worth
87.65%
EBITDA
183.48%

What is the Ownership and Shareholding Structure of Accel Shipping?

In 2023, Accel Shipping had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹468.31 M

Satisfied Charges

₹9.99 M

Charges Breakdown by Lending Institutions

  • Others : 26.91 Cr
  • Axis Bank Limited : 7.96 Cr
  • Hdfc Bank Limited : 6.03 Cr
  • Yes Bank Limited : 3.27 Cr
  • Uco Bank : 1.40 Cr
  • Others : 1.26 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2024Others₹6.02 CrOpen
06 Aug 2024Others₹1.30 CrOpen
06 Jun 2024Others₹2.23 CrOpen
06 May 2024Hdfc Bank Limited₹9.70 MOpen
11 Apr 2024Others₹4.01 MOpen

How Many Employees Work at Accel Shipping?

Accel Shipping has a workforce of 178 employees as of Jul 01, 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.

Employee growth trends for Accel Shipping Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accel Shipping, 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 Shipping'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 Shipping

Recent activity within the organization

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100385289 with Others was fully satisfied on 29 Oct 2024.

  • Annual General Meeting

    Accel Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 60.21 M with Charge ID 100993612 was registered on 28 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 13.00 M with Charge ID 100968108 was registered on 06 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 22.29 M with Charge ID 100945348 was registered on 06 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.70 M with Charge ID 100951750 was registered on 06 May 2024.

Frequently asked questions

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

    Accel Shipping Private Limited was incorporated on 30 Dec 2016.

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

    The authorized share capital of Accel Shipping Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    Currently 3 directors are associated with Accel Shipping Private Limited.

    • Akhandal Mohanty
    • Lingaraj Panigrahy
    • Harihar Dash

  • What is the registered address of Accel Shipping Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Accel Shipping Private Limited is Osl Tower-Ii Link Road India, Cuttack Sadar, Orissa, 753012.

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

    The corporate identification number (CIN) of Accel Shipping Private Limited is U63090OR2016PTC026223 and the company number is 026223 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Accel Shipping Private Limited has risen by 78.70%.

  • How many employees does Accel Shipping Private Limited currently have?

    As Per 2023 financial reports, 178 employees are currently employed by Accel Shipping Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Accel Shipping Private Limited has experienced an upsurge of 87.65%.

  • What are the total open charges for Accel Shipping Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Accel Shipping Private Limited amount to ₹ 46.83 Cr.

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

    The most recent Balance Sheet for Accel Shipping Private Limited was filed with the ROC on 31 Mar 2024.

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