Accord Transformer & Switchgear Limited

Manufacturer of transformers, control panels, substations, and cable trays for various industries.

2014 | Gurugram, Haryana (India) | Active
Last Updated:

Accord Transformer & Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 20.75 Cr
  • Paid Up Capital ₹ 2.94 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.40 Cr
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth 87.80%
  • Profit Growth -35.48%
  • Ebitda 238.48%
  • Net Worth 14.24%
  • Total Assets 3.28%

About Accord Transformer & Switchgear

Accord Transformer & Switchgear Limited (ATSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 June 2014 and has a history of Ten years and ten months. Its registered office is in Gurugram, Haryana, India.

The Company is engaged in the Energy And Power 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 20.75 Cr and a paid-up capital of Rs 2.94 M.

The company currently has active open charges totaling ₹20.40 Cr. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Verma, Dipak Thakkar, and Shalini Singh serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31500HR2014PLC052544

  • Company No.

    052544

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Accord Transformer & Switchgear Limited offer?

Accord Transformer & Switchgear Limited offers a wide range of products and services, including Transformers & Transformer Parts, Industrial Transformer, Distribution Transformer, Electrical Panels & Distribution Box, Busbar Systems, Electric Control Panel.

Company report

Accord Transformer & Switchgear Limited

Explore comprehensive data for Accord Transformer & Switchgear Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Accord Transformer & Switchgear?

Board Members (3)

NameDesignationAppointment DateStatus
Pradeep Verma Country flag representing In Director 12-Jun-2019Current
Dipak Thakkar Country flag representing In Director 22-Oct-2024Current
Shalini Singh Country flag representing In Additional Director 18-Feb-2015Current

Financial Performance of Accord Transformer & Switchgear.

Accord Transformer & Switchgear Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 87.8% increase. The company also saw a substantial fall in profitability, with a 35.48% decrease in profit. The company's net worth Soared by an impressive increase of 14.24%.

Accord Transformer & Switchgear revenue growth over time
Accord Transformer & Switchgear 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
87.80%
Revenue from Operations
87.36%
Total Assets
3.28%
Profit or Loss
-35.48%
Net Worth
14.24%
EBITDA
238.48%

What is the Ownership and Shareholding Structure of Accord Transformer & Switchgear?

Unlock access to Accord Transformer & Switchgear's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.40 Cr

Satisfied Charges

₹1.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.40 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2024Hdfc Bank Limited₹4.01 MOpen
30 Jul 2019Hdfc Bank Limited₹20.00 CrOpen
22 Mar 2017Yes Bank Limited₹1.00 CrSatisfied
23 Mar 2016Idbi Bank Limited₹1.00 MSatisfied

How Many Employees Work at Accord Transformer & Switchgear?

Accord Transformer & Switchgear has a workforce of 34 employees as of Apr 11, 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.

Employee growth trends for Accord Transformer & Switchgear Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accord Transformer & Switchgear, 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 Transformer & Switchgear'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 Transformer & Switchgear

Recent activity within the organization

  • Director Appointment

    Dipak Chandrakantbhai Thakkar was appointed as a Director was appointed as a Director on 22 Oct 2024 & has been associated with this company since 6 months 5 days .

  • Annual General Meeting

    Accord Transformer & Switchgear Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 30 Jul 2019 with Charge ID 100295595 was modified on 30 Aug 2024.

  • Balance Sheet

    Accord Transformer & Switchgear Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100871096 was registered on 04 Jan 2024.

  • Charges

    A charge registered on 22 Mar 2017 via Charge ID 100104537 with Yes Bank Limited was fully satisfied on 20 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Accord Transformer & Switchgear Limited?

    Accord Transformer & Switchgear Limited was incorporated on 20 Jun 2014.

  • What is authorized share capital and paid-up capital of Accord Transformer & Switchgear Limited?

    The authorized share capital of Accord Transformer & Switchgear Limited is ₹ 20.75 Cr and paid-up capital is ₹ 2.94 M.

  • Who are the current board members & directors of Accord Transformer & Switchgear Limited?

    Currently 3 directors are associated with Accord Transformer & Switchgear Limited.

    • Pradeep Kumar Verma
    • Dipak Chandrakantbhai Thakkar
    • Shalini Singh
  • What is the registered address of Accord Transformer & Switchgear Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Accord Transformer & Switchgear Limited is 404 Plot No. Gh-45 Sector 1 India, Nsg Camp Manesar, Haryana, 122051.

  • What is the corporate identification number (CIN) and company number of Accord Transformer & Switchgear Limited?

    The corporate identification number (CIN) of Accord Transformer & Switchgear Limited is U31500HR2014PLC052544 and the company number is 052544 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Accord Transformer & Switchgear Limited?

    The Official website of Accord Transformer & Switchgear Limited is https://www.atsgroup.in

  • What has been the recent revenue trend for Accord Transformer & Switchgear Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Accord Transformer & Switchgear Limited has risen by 87.80%.

  • How many employees does Accord Transformer & Switchgear Limited currently have?

    As Per 2022 financial reports, 34 employees are currently employed by Accord Transformer & Switchgear Limited.

  • What change has been observed in the net worth of Accord Transformer & Switchgear Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Accord Transformer & Switchgear Limited has experienced an upsurge of 14.24%.

  • What are the total open charges for Accord Transformer & Switchgear Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Accord Transformer & Switchgear Limited amount to ₹ 20.40 Cr.

  • When was the last Balance Sheet of Accord Transformer & Switchgear Limited filed with the ROC?

    The most recent Balance Sheet for Accord Transformer & Switchgear Limited was filed with the ROC on 31 Mar 2024.

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