Accend Systems Private Limited

Provides sales and support for IT, audio-video, and wireless telecommunication products.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated:

Accend Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.29 M
  • Revenue Growth %
  • Profit Growth 7.47%
  • Ebitda 7.47%
  • Net Worth -0.10%
  • Total Assets %

About Accend Systems

Accend Systems Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 October 2010 and has a history of 14 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Service 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹6.29 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandru and Gachhin Prashanth serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC055610

  • Company No.

    055610

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2010

  • Date of AGM

    01 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Service
Company report

Accend Systems Private Limited

Explore comprehensive data for Accend Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Accend Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Chandru Country flag representing In Director 24-Jun-2024Current
Gachhin Prashanth Country flag representing In Director 24-Jun-2024Current

Financial Performance of Accend Systems.

Accend Systems Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 7.47% increase in profit. The company's net worth dipped by a decrease of 0.1%.

Accend Systems revenue growth over time
Accend Systems 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
Revenue from Operations
Total Assets
Profit or Loss
7.47%
Net Worth
-0.10%
EBITDA
7.47%

What is the Ownership and Shareholding Structure of Accend Systems?

In 2023, Accend Systems had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.29 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.63 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2013Canara Bank₹0.74 MSatisfied
18 May 2011Canara Bank₹5.54 MSatisfied

How Many Employees Work at Accend Systems?

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

Employee growth trends for Accend Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accend Systems, 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 Accend Systems'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 Accend Systems

Recent activity within the organization

  • Annual General Meeting

    Accend Systems Private Limited last Annual general meeting of members was held on 01 Jul 2024 as per latest MCA records.

  • Director Appointment

    Chandru was appointed as a Director was appointed as a Director on 24 Jun 2024 & has been associated with this company since 9 months 20 days .

  • Director Appointment

    Gachhin Prashanth was appointed as a Director was appointed as a Director on 24 Jun 2024 & has been associated with this company since 9 months 20 days .

  • Balance Sheet

    Accend Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 17 Aug 2013 via Charge ID 10445265 with Canara Bank was fully satisfied on 11 Oct 2023.

  • Charges

    A charge registered on 18 May 2011 via Charge ID 10292490 with Canara Bank was fully satisfied on 06 Mar 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Accend Systems Private Limited?

    Accend Systems Private Limited was incorporated on 22 Oct 2010.

  • What is authorized share capital and paid-up capital of Accend Systems Private Limited?

    The authorized share capital of Accend Systems Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Accend Systems Private Limited?

    Currently 2 directors are associated with Accend Systems Private Limited.

    • Chandru
    • Gachhin Prashanth

  • What is the registered address of Accend Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Accend Systems Private Limited is 164 1St Cross 1 St Main Aecs Layout Rmv 2 Stage, Saniaynagar India, Bangalore North, Karnataka, 560094.

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

    The corporate identification number (CIN) of Accend Systems Private Limited is U72200KA2010PTC055610 and the company number is 055610 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Accend Systems Private Limited?

    The Official website of Accend Systems Private Limited is https://www.accendini.org

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Accend Systems Private Limited has experienced an downturn of -0.10%.

  • When was the last Balance Sheet of Accend Systems Private Limited filed with the ROC?

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

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