Accolade Energy Private Limited

Specializes in solar power generation and renewable energy projects in India and globally.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Accolade Energy Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth %
  • Profit Growth 18.54%
  • Ebitda 18.48%
  • Net Worth -13.63%
  • Total Assets -0.05%

About Accolade Energy

Accolade Energy Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 2016 (Eight years and three months 10 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Environment 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 Cr.

Seetha Somashekar and Janivara Somashekar 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

    U40300KA2016PTC097819

  • Company No.

    097819

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2016

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

Who are the key members and board of directors at Accolade Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Janivara Somashekar Country flag representing In Managing Director16-Nov-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Seetha Somashekar Country flag representing In Director 01-Sep-2023Current

Financial Performance of Accolade Energy.

Accolade Energy Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 18.54% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.63%.

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
Revenue from Operations
Total Assets
-0.05%
Profit or Loss
18.54%
Net Worth
-13.63%
EBITDA
18.48%

What is the Ownership and Shareholding Structure of Accolade Energy?

In 2023, Accolade Energy 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

₹25.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2022Hdfc Bank Limited₹2.50 CrOpen

How Many Employees Work at Accolade Energy?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accolade Energy, 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 Accolade Energy'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 Accolade Energy

Recent activity within the organization

  • Annual General Meeting

    Accolade Energy Private Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Seetha Somashekar was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 100543940 was registered on 05 Mar 2022.

    05 Mar 2022

  • Director Appointment

    Janivara Manjunath Somashekar was appointed as a Managing Director was appointed as a Managing Director on 16 Nov 2016 & has been associated with this company since 8 years 3 months .

    16 Nov 2016

  • Company Incorporation

    Accolade Energy Private Limited was registered on 16 Nov 2016 with Roc Bangalore & aged 8 years 3 months as per MCA records.

    16 Nov 2016

Frequently asked questions

  • Accolade Energy Private Limited was incorporated on 16 Nov 2016.

  • The authorized share capital of Accolade Energy Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Accolade Energy Private Limited.

    • Seetha Somashekar
    • Janivara Manjunath Somashekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accolade Energy Private Limited is 561 Boohbcs 6Th Main 4Th Cross Narayana Nagara 2Nd Block, Jp Nagar 9Th Phase India, Bengaluru, Karnataka, 560062.

  • The corporate identification number (CIN) of Accolade Energy Private Limited is U40300KA2016PTC097819 and the company number is 097819 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accolade Energy Private Limited has experienced an downturn of -13.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accolade Energy Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Accolade Energy Private Limited was filed with the ROC on 31 Mar 2024.

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