Mahindra Accelo Limited logo

Mahindra Accelo Limited

Steel trading and processing for automotive and electrical industries.
1978 | Mumbai, Maharashtra (India) | Active

Last Updated:

June 25, 2024
HomeCompanyMahindra Accelo Limited

Who are the key members and board of directors at Mahindra Accelo?

Executive Team (3)

NameDesignationAppointment DateStatus
Sumit Issar InManaging Director01-Oct-2015Current
Romali MalvankarCompany Secretary18-Jan-2016Current
Saroj KhuntiaCFO01-Aug-2020Current

Board Members(8)

NameDesignationAppointment DateStatus
Punita Sinha Us Director 27-Oct-2014Current
Parag Shah In Director 22-Jul-2010Current
Ashok Barat In Director 02-Feb-2018Current
Mohit Kapoor In Director 26-Apr-2021Current
Anil Chopra In Director 23-Jun-2022Current
Bharat Doshi In Director 27-Dec-1990Current

Financial Performance and Corporate Structure Insights of Mahindra Accelo.

Mahindra Accelo Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.88% increase. The company also saw a substantial fall in profitability, with a 21.42% decrease in profit. The company's net worth moved up by a moderate rise of 9.34%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
31.88%
Revenue from Operations
31.83%
Total Assets
2.69%
Profit or Loss
-21.42%
Net Worth
9.34%
EBITDA
-20.14%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹567.50 Cr

₹186.00 Cr

LenderAmountStatus

Others

Creation Date: 08 Jun 2023
₹200.00 CrOpen

Others

Creation Date: 24 Nov 2021
₹160.00 CrOpen

Axis Bank Limited

Creation Date: 18 Apr 2006
₹15.00 CrOpen

How Many Employees Work at Mahindra Accelo?

Mahindra Accelo has a workforce of 137 employees as of Mar 21, 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.

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Latest Updates, News, and FAQs on Mahindra Accelo

Recent activity within the organization

  • Annual General Meeting

    Mahindra Accelo Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100735067 was registered on 08 Jun 2023.

    08 Jun 2023

  • Director Appointment

    Bharat Goenka was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 1 year 6 months .

    30 May 2023

  • Balance Sheet

    Mahindra Accelo Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 160.00 Cr registered on 24 Nov 2021 with Charge ID 100511833 was modified on 30 Jan 2023.

    30 Jan 2023

  • Director Appointment

    Anil Kumar Chopra was appointed as a Director was appointed as a Director on 23 Jun 2022 & has been associated with this company since 2 years 5 months .

    23 Jun 2022

Frequently asked questions

  • Mahindra Accelo Limited was incorporated on 20 Mar 1978.

  • The authorized share capital of Mahindra Accelo Limited is ₹ 46.75 Cr and paid-up capital is ₹ 16.60 Cr.

  • Currently 11 directors are associated with Mahindra Accelo Limited.

    • Punita Kumar Sinha
    • Sumit Issar
    • Mohit Kapoor
    • Anil Kumar Chopra
    • Ashok Kumar Barat
    • Parag Chandulal Shah
    • Bharat Narotam Doshi
    • Ranjan Pant
    • Romali Mahesh Malvankar
    • Saroj Khuntia
    • Bharat Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Accelo Limited is Mahindra Towers, P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Accelo Limited is U51900MH1978PLC020222 and the company number is 020222 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Accelo Limited is https://www.mahindraintertrade.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Accelo Limited has risen by 31.88%.

  • As Per 2023 financial reports, 137 employees are currently employed by Mahindra Accelo Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Accelo Limited has experienced an upsurge of 9.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Accelo Limited amount to ₹ 567.50 Cr.

  • The most recent Balance Sheet for Mahindra Accelo Limited was filed with the ROC on 31 Mar 2023.

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