Acuvate Software Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.26 Cr
- Company Age 18 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.51 Cr
- Revenue Growth 33.18%
- Profit Growth 2.72%
- Ebitda -4.30%
- Net Worth 36.39%
- Total Assets 31.74%
About Acuvate Software
Acuvate Software Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 2006 and has a history of 18 years and three months. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.26 Cr.
The company currently has active open charges totaling ₹3.51 Cr.
Mekala Reddy, Mekala Reddy, and Mekala Reddy serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200TG2006PTC051469
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Company No.
051469
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Oct 2006
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Acuvate Software?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mekala Reddy
|
Managing Director | 20-Oct-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mekala Reddy
|
Director | 20-Oct-2006 | Current |
|
Mekala Reddy
|
Director | 30-Sep-2014 | Current |
Financial Performance of Acuvate Software.
Acuvate Software Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.18% increase. The company also saw a slight improvement in profitability, with a 2.72% increase in profit. The company's net worth Soared by an impressive increase of 36.39%.
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What is the Ownership and Shareholding Structure of Acuvate Software?
In 2022, Acuvate Software had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mjr Constructions Private LimitedMekala Reddy, Mekala Reddy and 1 more are mutual person
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Redon Systems Private LimitedMekala Reddy and Mekala Reddy are mutual person
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Mjr Hospitality LlpMekala Reddy and Mekala Reddy are mutual person
Charges (Loans)
₹3.51 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.51 Cr
- Axis Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2022 | Hdfc Bank Limited | ₹2.61 M | Open |
| 29 Jun 2022 | Hdfc Bank Limited | ₹2.54 M | Open |
| 28 Jul 2021 | Hdfc Bank Limited | ₹2.00 Cr | Open |
| 07 Apr 2021 | Axis Bank Limited | ₹1.00 Cr | Open |
How Many Employees Work at Acuvate Software?
Acuvate Software has a workforce of 383 employees as of Apr 07, 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 Acuvate Software, 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 Acuvate Software'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.
