Acevector Profile
Key Indicators
- Authorised Capital ₹ 206.08 Cr
as on 23-10-2024
- Paid Up Capital ₹ 39.75 Cr
as on 23-10-2024
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 95.00 K
as on 23-10-2024
- Satisfied Charges ₹ 1,158.84 Cr
as on 23-10-2024
- Revenue -43.14%
(FY 2023)
- Profit 21.56%
(FY 2023)
- Ebitda 19.64%
(FY 2023)
- Net Worth -48.64%
(FY 2023)
- Total Assets -44.12%
(FY 2023)
About Acevector
The Corporate was formerly known as Snapdeal Private Limited. The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 206.08 Cr and a paid-up capital of Rs 39.75 Cr.
The company currently has active open charges totaling ₹95,000.00. The company has closed loans amounting to ₹1,158.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Acevector Limited India are Bharat Venishetti as CFO and Ajinkya Bannore as Company Secretary. Akhil Gupta, Kasaragod Kamath, Kunal Bahl, and Three other members serve as directors at the Company.
- CIN/LLPIN
U72300DL2007PLC168097
- Company No.
168097
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Sep 2007
- Date of AGM
28 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Acevector Limited offer?
Acevector Limited offers a wide range of products and services, including Switches & Switch Boxes, Limit Switches, Te Homef, Quilted Bed Sheets, Massage Equipments, Toning Table, Surgical Forceps, Tongue Holding Forceps, Leather Stationery, Bill Folder.
Who are the key members and board of directors at Acevector?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajinkya Bannore  | Company Secretary | 01-Aug-2022 | Current |
| Bharat Venishetti | CFO | 20-Sep-2024 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Simran Khara | Director | 26-Apr-2023 | Current |
| Kasaragod Kamath | Director | 19-Oct-2021 | Current |
| Akhil Gupta | Nominee Director | 08-May-2014 | Current |
| Kunal Bahl | Whole-Time Director | 12-Sep-2007 | Current |
| Rohit Bansal | Whole-Time Director | 16-Nov-2007 | Current |
| Varun Khurana | Nominee Director | Current |
Financial Performance and Corporate Structure Insights of Acevector.
Acevector Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.14% decrease. The company also saw a substantial improvement in profitability, with a 21.56% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Acevector?
In 2023, Acevector had a public holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 11 Aug 2018 | ₹0.10 M | Open |
Others Creation Date: 03 Nov 2023 | ₹9.75 Cr | Satisfied |
Others Creation Date: 27 Apr 2023 | ₹40.00 Cr | Satisfied |
How Many Employees Work at Acevector?
Acevector has a workforce of 391 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Acevector, 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 Acevector'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.
