Acel Solutions Private Limited

Software innovation and product development, consulting, and delivery services for businesses.

2011 | Khorda, Odisha (India) | Active
Last Updated: December 17, 2024

Acel Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.38 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 524.39%
  • Profit Growth 268.02%
  • Ebitda 293.77%
  • Net Worth 60.37%
  • Total Assets 76.31%

About Acel Solutions

Acel Solutions Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 August 2011 and has a history of 13 years and six months. Its registered office is in Khorda, Odisha, 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 3.00 Cr and a paid-up capital of Rs 2.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chitta Pattanayak, Chandra Pattanayak, Vasant Kini, and One other member serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acelsolutions.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200OR2011PTC014009

  • Company No.

    014009

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Information Technology

Who are the key members and board of directors at Acel Solutions?

Board Members (4)

Name Designation Appointment Date Status
Chitta Pattanayak Country flag representing In Director 10-Aug-2011 Current
Chandra Pattanayak Country flag representing In Additional Director 18-May-2022 Current
Vasant Kini Country flag representing In Director 10-Aug-2011 Current
Vidya Kini Country flag representing In Additional Director 18-May-2022 Current

Financial Performance of Acel Solutions.

Acel Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 524.39% increase. The company also saw a substantial improvement in profitability, with a 268.02% increase in profit. The company's net worth Soared by an impressive increase of 60.37%.

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
524.39%
Revenue from Operations
517.11%
Total Assets
76.31%
Profit or Loss
268.02%
Net Worth
60.37%
EBITDA
293.77%

What is the Ownership and Shareholding Structure of Acel Solutions?

In 2020, Acel Solutions 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 Acel Solutions?

Acel Solutions has a workforce of 46 employees as of Apr 09, 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 Acel Solutions, 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 Acel Solutions'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 Acel Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Acel Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Chandra Lekha Pattanayak was appointed as a Additional Director was appointed as a Additional Director on 18 May 2022 & has been associated with this company since 2 years 8 months .

    18 May 2022

  • Director Appointment

    Vidya Vasant Kini was appointed as a Additional Director was appointed as a Additional Director on 18 May 2022 & has been associated with this company since 2 years 8 months .

    18 May 2022

  • Director Appointment

    Chitta Ranjan Pattanayak was appointed as a Director was appointed as a Director on 10 Aug 2011 & has been associated with this company since 13 years 6 months .

    10 Aug 2011

  • Director Appointment

    Vasant Nagappa Kini was appointed as a Director was appointed as a Director on 10 Aug 2011 & has been associated with this company since 13 years 6 months .

    10 Aug 2011

Frequently asked questions

  • Acel Solutions Private Limited was incorporated on 10 Aug 2011.

  • The authorized share capital of Acel Solutions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.38 Cr.

  • Currently 4 directors are associated with Acel Solutions Private Limited.

    • Chitta Ranjan Pattanayak
    • Chandra Lekha Pattanayak
    • Vasant Nagappa Kini
    • Vidya Vasant Kini
  • As per Ministry of Corporate Affairs (Mca), the registered address of Acel Solutions Private Limited is 10 Su-Sri Villa Siripur-Jagamara Road Near Nilakantheswar Temple, Baramunda India, Bhubaneswar, Orissa, 751003.

  • The corporate identification number (CIN) of Acel Solutions Private Limited is U72200OR2011PTC014009 and the company number is 014009 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Acel Solutions Private Limited is https://www.acelsolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Acel Solutions Private Limited has risen by 524.39%.

  • As Per 2022 financial reports, 46 employees are currently employed by Acel Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Acel Solutions Private Limited has experienced an upsurge of 60.37%.

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

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