Accelerate Productx Ventures Private Limited

Company specializes in trading FMCG and food products.

2019 | Delhi (India) | Active
Last Updated: October 23, 2024

Accelerate Productx Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.12 M
  • Paid Up Capital ₹ 0.43 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth -86.76%
  • Profit Growth -260.30%
  • Ebitda -265.78%
  • Net Worth -523.42%
  • Total Assets -42.13%

About Accelerate Productx Ventures

Accelerate Productx Ventures Private Limited (APVPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 February 2019 (Five years and 11 months 16 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Food And Beverages 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 1.12 M and a paid-up capital of Rs 0.43 M.

The company currently has active open charges totaling ₹1.00 M.

Aastha Almast, Charak Almast, and Mani Gyawali serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    thenewshop.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2019PTC346742

  • Company No.

    346742

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2019

  • Date of AGM

    06 Apr 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

Who are the key members and board of directors at Accelerate Productx Ventures?

Board Members (3)

Name Designation Appointment Date Status
Mani Gyawali Country flag representing Np Director 28-Feb-2019 Current
Charak Almast Country flag representing In Director 28-Feb-2019 Current
Aastha Almast Country flag representing In Director 28-Feb-2019 Current

Financial Performance of Accelerate Productx Ventures.

Accelerate Productx Ventures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 86.76% decrease. The company also saw a substantial fall in profitability, with a 260.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 523.42%.

Graph illustrating revenue growth over time
Graph showing 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
-86.76%
Revenue from Operations
-87.03%
Total Assets
-42.13%
Profit or Loss
-260.30%
Net Worth
-523.42%
EBITDA
-265.78%

What is the Ownership and Shareholding Structure of Accelerate Productx Ventures?

In 2023, Accelerate Productx Ventures had a promoter holding of 55.16% and a public holding of 44.84%. The company had 2 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

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
13 Oct 2020 Others ₹1.00 M Open

How Many Employees Work at Accelerate Productx Ventures?

Accelerate Productx Ventures has a workforce of 20 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accelerate Productx Ventures, 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 Accelerate Productx Ventures'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 Accelerate Productx Ventures

Recent activity within the organization

  • Annual General Meeting

    Accelerate Productx Ventures Private Limited last Annual general meeting of members was held on 06 Apr 2024 as per latest MCA records.

    06 Apr 2024

  • Balance Sheet

    Accelerate Productx Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100382656 was registered on 13 Oct 2020.

    13 Oct 2020

  • Director Appointment

    Aastha Almast was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 5 years 11 months .

    28 Feb 2019

  • Director Appointment

    Charak Almast was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 5 years 11 months .

    28 Feb 2019

  • Director Appointment

    Mani Dev Gyawali was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 5 years 11 months .

    28 Feb 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Accelerate Productx Ventures Private Limited was incorporated on 28 Feb 2019.

  • The authorized share capital of Accelerate Productx Ventures Private Limited is ₹ 1.12 M and paid-up capital is ₹ 0.43 M.

  • Currently 3 directors are associated with Accelerate Productx Ventures Private Limited.

    • Aastha Almast
    • Charak Almast
    • Mani Dev Gyawali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accelerate Productx Ventures Private Limited is C-39 East Of Kailash New South India, Delhi, 110065.

  • The corporate identification number (CIN) of Accelerate Productx Ventures Private Limited is U74999DL2019PTC346742 and the company number is 346742 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accelerate Productx Ventures Private Limited is https://www.thenewshop.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accelerate Productx Ventures Private Limited has fallen by -86.76%.

  • As Per 2023 financial reports, 20 employees are currently employed by Accelerate Productx Ventures Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accelerate Productx Ventures Private Limited has experienced an downturn of -523.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accelerate Productx Ventures Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Accelerate Productx Ventures Private Limited was filed with the ROC on 31 Mar 2023.