Accel Shipping Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 01-07-2024
- Paid Up Capital ₹ 0.10 M
as on 01-07-2024
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.75 Cr
as on 01-07-2024
- Revenue 78.70%
(FY 2023)
- Profit 159.16%
(FY 2023)
- Ebitda 183.48%
(FY 2023)
- Net Worth 87.65%
(FY 2023)
- Total Assets 120.61%
(FY 2023)
About Accel Shipping
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 2023. 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 ₹24.75 Cr.
Lingaraj Panigrahy, Harihar Dash, and Akhandal Mohanty serve as directors at the Company.
- CIN/LLPIN
U63090OR2016PTC026223
- Company No.
026223
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Company Details
- Location
Cuttack Sadar, Orissa, India
- Telephone
- Email Address
- Website
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- Social Media-
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lingaraj Panigrahy  | Director | 30-Dec-2016 | Current |
| Harihar Dash | Director | 30-Dec-2016 | Current |
| Akhandal Mohanty | Director | 01-Jun-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Jagannath Infrastructure & Interior Private LimitedActive 7 years 3 months
Lingaraj Panigrahy is a mutual person
- Seaworthy Shipping And Logistics Private LimitedActive 5 years 5 months
Lingaraj Panigrahy is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tata Capital Financial Services Limited Creation Date: 31 Aug 2023 | ₹1.26 Cr | Open |
Yes Bank Limited Creation Date: 31 Jul 2023 | ₹6.30 M | Open |
Axis Bank Limited Creation Date: 26 Jul 2023 | ₹2.67 Cr | Open |
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.
Deals i
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
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.
