Accord Communications Profile
Key Indicators
- Authorised Capital ₹ 9.00 M
- Paid Up Capital ₹ 3.13 M
- Company Age 35 Year, 6 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.65 Cr
- Satisfied Charges ₹ 5.19 Cr
- Revenue Growth 23.29%
- Profit Growth 377.28%
- Ebitda -14.76%
- Net Worth 171.37%
- Total Assets 2.30%
About Accord Communications
Accord Communications Limited (ACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 January 1990 and has a history of 35 years. Its registered office is in Meerut, Uttar Pradesh, India.
The Company is engaged in the Information Technology 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 9.00 M and a paid-up capital of Rs 3.13 M.
The company currently has active open charges totaling ₹14.65 Cr. The company has closed loans amounting to ₹5.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aditya Mohta, Prabhat Mohta, Sushma Mohta, and One other member serve as directors at the Company.
Company Details
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Location
Meerut, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U51109UP1990PLC011587
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Company No.
011587
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
25 Jan 1990
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
What products or services does Accord Communications Limited offer?
Accord Communications Limited offers a wide range of products and services, including PBX System, EPABX System, Router, Cables & Networking Devices, Modems, Network Gateway, Tele Conferencing & VoIP Services, IP Telephony Service, Software Development & IT Consultant, Software Consulting Service, GSM Gateway Devices.
Who are the key members and board of directors at Accord Communications?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Mohta
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Director | 25-Jan-1990 | Current |
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Prabhat Mohta
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Director | 25-Jan-1990 | Current |
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Sushma Mohta
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Whole-Time Director | 25-Jan-2002 | Current |
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Shailly Mohta
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Director | 25-Jan-1990 | Current |
Financial Performance of Accord Communications.
Accord Communications Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.29% increase. The company also saw a substantial improvement in profitability, with a 377.28% increase in profit. The company's net worth Soared by an impressive increase of 171.37%.
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What is the Ownership and Shareholding Structure of Accord Communications?
In 2020, Accord Communications had a promoter holding of 99.38% and a public holding of 0.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹146.50 M
₹51.85 M
Charges Breakdown by Lending Institutions
- Allahabad Bank : 13.00 Cr
- Indian Bank : 1.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2022 | Indian Bank | ₹7.50 M | Open |
| 12 Jun 2020 | Indian Bank | ₹6.00 M | Open |
| 20 Apr 2020 | Indian Bank | ₹3.00 M | Open |
| 21 Nov 2007 | Allahabad Bank | ₹13.00 Cr | Open |
| 26 Sep 2001 | Allahabad Bank | ₹3.46 Cr | Satisfied |
How Many Employees Work at Accord Communications?
Accord Communications has a workforce of 23 employees as of Apr 06, 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 Accord Communications, 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 Accord Communications'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.