Accordion Technology Private Limited

Provides technology consulting services such as software development, testing, project management, and business consulting.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: February 05, 2025

Accordion Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 41.57%
  • Profit Growth 4.04%
  • Ebitda -1.59%
  • Net Worth 30.51%
  • Total Assets 28.32%

About Accordion Technology

Accordion Technology Private Limited (ATPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 18 June 2016 (Eight years and eight months 5 days old ). Its registered office is in Hyderabad, Telangana, 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Prabhala Kumar and Srinivas Prabhala serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    accordiontec.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2016FTC110363

  • Company No.

    110363

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    18 Jun 2016

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Accordion Technology?

Board Members (2)

NameDesignationAppointment DateStatus
Prabhala Kumar Country flag representing In Director 12-Jul-2016Current
Srinivas Prabhala Country flag representing Gb Director 12-Jul-2016Current

Financial Performance of Accordion Technology.

Accordion Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.57% increase. The company also saw a slight improvement in profitability, with a 4.04% increase in profit. The company's net worth Soared by an impressive increase of 30.51%.

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
41.57%
Revenue from Operations
40.14%
Total Assets
28.32%
Profit or Loss
4.04%
Net Worth
30.51%
EBITDA
-1.59%

What is the Ownership and Shareholding Structure of Accordion Technology?

In 2023, Accordion Technology 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Accordion Technology?

Accordion Technology has a workforce of 49 employees as of Apr 05, 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 Accordion Technology, 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 Accordion Technology'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 Accordion Technology

Recent activity within the organization

  • Annual General Meeting

    Accordion Technology Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Accordion Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Prabhala Hari Hara Bala Kumar was appointed as a Director was appointed as a Director on 12 Jul 2016 & has been associated with this company since 8 years 7 months .

    12 Jul 2016

  • Director Appointment

    Srinivas Prabhala was appointed as a Director was appointed as a Director on 12 Jul 2016 & has been associated with this company since 8 years 7 months .

    12 Jul 2016

  • Company Incorporation

    Accordion Technology Private Limited was registered on 18 Jun 2016 with Roc Hyderabad & aged 8 years 8 months as per MCA records.

    18 Jun 2016

Frequently asked questions

  • Accordion Technology Private Limited was incorporated on 18 Jun 2016.

  • The authorized share capital of Accordion Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Accordion Technology Private Limited.

    • Prabhala Hari Hara Bala Kumar
    • Srinivas Prabhala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accordion Technology Private Limited is Module A1 Q4 10Th Floor Cyber Towers Hitech City Main Road Survey No.64, (Part) Madhapur India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Accordion Technology Private Limited is U72900TG2016FTC110363 and the company number is 110363 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accordion Technology Private Limited is https://www.accordiontec.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accordion Technology Private Limited has risen by 41.57%.

  • As Per 2023 financial reports, 49 employees are currently employed by Accordion Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accordion Technology Private Limited has experienced an upsurge of 30.51%.

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

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