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Acevector Profile
Key Indicators
- Authorised Capital ₹ 206.08 Cr
- Paid Up Capital ₹ 39.75 Cr
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 95.00 K
- Satisfied Charges ₹ 1,158.84 Cr
- Revenue Growth -43.14%
- Profit Growth 21.56%
- Ebitda 19.64%
- Net Worth -48.64%
- Total Assets -44.12%
About Acevector
Acevector Limited (AL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 2007 and has a history of 17 years and five months. Its registered office is in Delhi, India.
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.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- 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
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 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%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Related Corporates (Common Directorship)
- Inversion Advisory Services Private Limited
Akhil Gupta is a mutual person
- Sami-Sabinsa Group Limited
Kasaragod Kamath is a mutual person
- 360 One Wam Limited
Akhil Gupta is a mutual person
- V Guard Industries Limited
Kasaragod Kamath is a mutual person
- Juggernaut Books Private Limited
Simran Khara is a mutual person
- Ekanek Networks Private Limited
Simran Khara is a mutual person
Charges (Loans)
₹0.01 Cr
₹1,158.84 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 0.01 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
11 Aug 2018 | Yes Bank Limited | ₹0.10 M | Open |
03 Nov 2023 | Others | ₹9.75 Cr | Satisfied |
27 Apr 2023 | Others | ₹40.00 Cr | Satisfied |
08 Feb 2023 | Others | ₹25.00 Cr | Satisfied |
01 Feb 2019 | Hdfc Bank Limited | ₹5.00 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.
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Deals i
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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
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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
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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 Acevector
Recent activity within the organization
- Director Appointment
Bharat Venishetti was appointed as a Cfo was appointed as a Cfo on 20 Sep 2024 & has been associated with this company since 5 months 9 days .
20 Sep 2024
- Annual General Meeting
Acevector Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.
28 Dec 2023
- Charges
A charge registered on 03 Nov 2023 via Charge ID 100838359 with Others was fully satisfied on 22 Dec 2023.
22 Dec 2023
- Charges
A charge registered on 27 Apr 2023 via Charge ID 100718852 with Others was fully satisfied on 22 Dec 2023.
22 Dec 2023
- Charges
A charge with Others of Rs. 9.75 Cr registered on 03 Nov 2023 with Charge ID 100838359 was modified on 15 Dec 2023.
15 Dec 2023
- Charges
A charge with Others amounted to Rs. 9.75 Cr with Charge ID 100838359 was registered on 03 Nov 2023.
03 Nov 2023
Recent News, Updates & Announcement
- Leading E-Commerce SaaS-platform Unicommerce eSolutions Limited files DRHP with SEBI.
Unicommerce eSolutions Limited (“The Company”), which is India’s largest e-commerce enablement Software-as-a-Service (“SaaS”) platform in the transaction processing layer, in terms of revenue for the financial year ended March 31, 2022 (Source: Reds.
- Snapdeal Co-founders commit 100% Honasa IPO gains for startup funding | Bansal, Bahl co-founded Titan Capital too | Inshorts.
Snapdeal Co-founders Kunal Bahl and Rohit Bansal, both investors in Mamaearth-parent Honasa, have committed 10.
- Retail, E-commerce Likely To See Fairly Good Year Ahead: Snapdeal CEO.
"As we are seeing currently, our economy is in a very good shape and all aspects of the business, specifically the categories that we operate in, which is in the in disposable income categories... I think we're going to see a significant boost-up next year," Chakrawarti told PTI..
Frequently asked questions
What is the Incorporation or founding date of Acevector Limited?
Acevector Limited was incorporated on 12 Sep 2007.
What is authorized share capital and paid-up capital of Acevector Limited?
The authorized share capital of Acevector Limited is ₹ 206.08 Cr and paid-up capital is ₹ 39.75 Cr.
Who are the current board members & directors of Acevector Limited?
Currently 8 directors are associated with Acevector Limited.
- Akhil Kumar Gupta
- Kasaragod Ullas Kamath
- Kunal Bahl
- Rohit Kumar Bansal
- Varun Khurana
- Simran Khara
- Bharat Venishetti
- Ajinkya Rajendra Bannore
What is the registered address of Acevector Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Acevector Limited is Mezzanine Floor A-83 Okhla Industrial Area, Phase-Ii India, New Delhi, 110020.
What is the corporate identification number (CIN) and company number of Acevector Limited?
The corporate identification number (CIN) of Acevector Limited is U72300DL2007PLC168097 and the company number is 168097 as per Ministry of Corporate Affairs (MCA).
What is the official website of Acevector Limited?
The Official website of Acevector Limited is https://www.snapdeal.com
What has been the recent revenue trend for Acevector Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Acevector Limited has fallen by -43.14%.
How many employees does Acevector Limited currently have?
As Per 2023 financial reports, 391 employees are currently employed by Acevector Limited.
What change has been observed in the net worth of Acevector Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Acevector Limited has experienced an downturn of -48.64%.
What are the total open charges for Acevector Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Acevector Limited amount to ₹ 95.00 K .
When was the last Balance Sheet of Acevector Limited filed with the ROC?
The most recent Balance Sheet for Acevector Limited was filed with the ROC on 31 Mar 2023.
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