Accord Laser Machining Private Limited

Specializing in laser cutting sheet metal parts for various industries using advanced technology.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: December 22, 2024

Accord Laser Machining Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.73 M
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -1.04%
  • Profit Growth 24.97%
  • Ebitda 2.68%
  • Net Worth 8.69%
  • Total Assets 10.85%

About Accord Laser Machining

Accord Laser Machining Private Limited (ALMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2004 and has a history of 20 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 8.00 M and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹7.73 M. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Banavadi Varadarajasetty, Kengeri Prasannalakshmi, Kunigal Nagendra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    accordlaser.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28939KA2004PTC034308

  • Company No.

    034308

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Accord Laser Machining Private Limited offer?

Accord Laser Machining Private Limited offers a wide range of products and services, including Power Packs, Hydraulic Power Pack, CNC Cutting Service, CNC Laser Cutting Services.

Who are the key members and board of directors at Accord Laser Machining?

Board Members (5)

NameDesignationAppointment DateStatus
Banavadi Varadarajasetty Country flag representing In Director 12-Jul-2004Current
Kengeri Prasannalakshmi Country flag representing In Director 30-Sep-2005Current
Kunigal Nagendra Country flag representing In Director 30-Sep-2005Current
Latha Venkatesh Country flag representing In Director 12-Jul-2004Current
Narendra Setty Country flag representing In Director 30-Sep-2005Current

Financial Performance of Accord Laser Machining.

Accord Laser Machining Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.04% decrease. The company also saw a substantial improvement in profitability, with a 24.97% increase in profit. The company's net worth moved up by a moderate rise of 8.69%.

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
-1.04%
Revenue from Operations
-2.03%
Total Assets
10.85%
Profit or Loss
24.97%
Net Worth
8.69%
EBITDA
2.68%

What is the Ownership and Shareholding Structure of Accord Laser Machining?

In 2021, Accord Laser Machining 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

₹7.73 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corporation : 0.75 Cr
  • Canara Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2019Canara Bank₹0.20 MOpen
16 Dec 2004Karnataka State Financial Corporation₹7.53 MOpen
21 Jun 2006Karnataka State Financial Corporation₹1.50 CrSatisfied

How Many Employees Work at Accord Laser Machining?

Accord Laser Machining has a workforce of 20 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accord Laser Machining, 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 Laser Machining'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 Accord Laser Machining

Recent activity within the organization

  • Annual General Meeting

    Accord Laser Machining Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Accord Laser Machining Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.20 M with Charge ID 100287165 was registered on 28 Aug 2019.

    28 Aug 2019

  • Charges

    A charge registered on 21 Jun 2006 via Charge ID 10145552 with Karnataka State Financial Corporation was fully satisfied on 25 Jul 2019.

    25 Jul 2019

  • Charges

    A charge with Karnataka State Financial Corporation of Rs. 7.53 M registered on 16 Dec 2004 with Charge ID 90192925 was modified on 21 Jun 2008.

    21 Jun 2008

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 15.00 M with Charge ID 10145552 was registered on 21 Jun 2006.

    21 Jun 2006

Frequently asked questions

  • Accord Laser Machining Private Limited was incorporated on 12 Jul 2004.

  • The authorized share capital of Accord Laser Machining Private Limited is ₹ 8.00 M and paid-up capital is ₹ 8.00 M.

  • Currently 5 directors are associated with Accord Laser Machining Private Limited.

    • Banavadi Narayanasetty Varadarajasetty
    • Kengeri Suresh Prasannalakshmi
    • Kunigal Nagaraj Nagendra
    • Latha Venkatesh
    • Narendra Gupta Cotha Venkatachalapathi Setty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accord Laser Machining Private Limited is No.52A Next To Kiadb Office Bommasandra Industrial Area, Hosur Road India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Accord Laser Machining Private Limited is U28939KA2004PTC034308 and the company number is 034308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accord Laser Machining Private Limited is https://www.accordlaser.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Accord Laser Machining Private Limited has fallen by -1.04%.

  • As Per 2021 financial reports, 20 employees are currently employed by Accord Laser Machining Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Accord Laser Machining Private Limited has experienced an upsurge of 8.69%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Accord Laser Machining Private Limited amount to ₹ 7.73 M.

  • The most recent Balance Sheet for Accord Laser Machining Private Limited was filed with the ROC on 31 Mar 2024.

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