About us: Accel Transmatic Limited was originally established as Transmatic Systems Ltd (TSL) in the year 1986 by two entrepreneurs from Kerala, M R Narayanan and T Ravindran, with equity participation from Kerala State Industrial Development Corporation, and IDBI. The company was promoted to develop and manufacture professional electronic products and communication systems in the state of Kerala, India.
In 1991 TDICI , the venture capital arm of ICICI provided funding for expansion/diversification to manufacture High Speed Dot matrix printers in colaboration with OutPut Technology Corporation (OTC) of USA.
In 1994 the company had its IPO, the issue was oversubscribed and the company got listed in the Mumbai, Chennai, Cochin Stock Exchanges. Over the years the company developed a strong product portfolio and marketing infrastructure and established as a leading manufacturer and solution provider in the IT industry.
In 2002, the company wanted to diversify into software and technologies space by merging with other technology companies. It approached Accel Limited, an established IT business group based in Chennai for a possible acquisition of the company. Accel Limited acquired the shares held by one of the promoters of the company and the acquisition was completed by August 2003 and thus the company became an Accel group company. Accel's management decided to create a new diversified portfolio for Transmatic Systems by merging two of the group entities namely, Accel Software and Technologies and Accel IT Academy. It was also decided to acquire an embedded software development company based in Technopark, Thiruvananthapuram, namely Ushus Technologies Pvt Ltd (UTPL) into TSL through the merger process, since they were complimentary to the business of TSL. Accordingly a merged entity had been formed effective from 01-01-2004 by the name, Accel Transmatic Ltd (ATL). The legal completion of the merger was completed on 9th February, 2005.
Other-Info:
Date of Establishment 1986
Revenue 7.62885 ( USD in Millions )
Market Cap 148.23229543 ( Rs. in Millions )
Corporate Address T C 17 / 27,Jagathy, Thiruvananthapuram-695014, Kerala
Web-Url: www.acceltransmatic.com
Management Details
Chairperson - N R Panicker
MD - N R Panicker
Directors - A Mohan Rao, John Joseph Hanlon, M R Narayanan, Mark Joseph Emkjer, N R Panicker, Philip John, S T Prabhu, T Ravindran
Business Operation IT - Hardware
Background
Accel Transmatic was originally established as Transmatic Systems (TSL) in the year 1986 by two entrepreneurs from Kerala, M R Narayanan and T Ravindran, with equity participation from Kerala State Industrial Development Corporation, and IDBI. The company was promoted to develop and manufacture professional electronic products and communication systems in the state of Kerala, India.
Financials Total Income - Rs. 382.026258 Million ( year ending Mar 2009)
Net Profit - Rs. -44.282698 Million ( year ending Mar 2009)
Company Secretary S T Prabhu
Bankers Auditors Varma & Varma
Key-Executives:
Name Designation
N R Panicker Chairman
S T Prabhu Company Secretary
M R Narayanan Independent Director
A Mohan Rao Independent Director
Contact-Info:
Accel Transmatic Limited
Corporate Office
75, Nelson Manickam Road,
Aminjikarai, Chennai 600029.
India.
Phone No: +91-44-4225 2309/4225 2000
Fax No: +91-44- 42252315
Email: info@acceltransmatic.com
Head Office
311, Nila, Technopark,
Thiruvananthapuram - 695581.
Kerla, India.
Phone No: +91-471-2527654
Fax No : +91-471-2527651
Email: info@ushustech.com
Accel Animation Studios
(3D Animation, VFX, Post Production)
#9, Porur Somasundaram Street, T.Nagar, Chennai 600 017. India
India.
Phone No: 91-44-28341465, 42071332
Email: murali@accelanimation.com
Accel North America Inc
(A 100% Subsidiary of Accel Transmatic Limited)
101 Metro Drive, Suite 660
San Jose CA 95110
Phone No: 408-392-9689, 408-234-5103
Email: info@accelna.com
Accel North America Inc
Japan , Tokyo
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