Aace Hitech Engineering Private Limited

Manufactures motor pump parts, stainless steel components, precision machined components, water pumps, and industrial motors.

2010 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Aace Hitech Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.84 Cr
  • Satisfied Charges ₹ 2.03 Cr
  • Revenue Growth 15.00%
  • Profit Growth 175.53%
  • Ebitda 103.27%
  • Net Worth 25.19%
  • Total Assets 33.56%

About Aace Hitech Engineering

Aace Hitech Engineering Private Limited (AHEPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 December 2010 and has a history of 14 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.84 Cr. The company has closed loans amounting to ₹2.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balakrishnan Srividhyha and Damodharaswamy Balakrishnan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29300TZ2010PTC016573

  • Company No.

    016573

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

Who are the key members and board of directors at Aace Hitech Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Balakrishnan Srividhyha Country flag representing In Director 27-Mar-2020Current
Damodharaswamy Balakrishnan Country flag representing In Director 03-Dec-2010Current

Financial Performance of Aace Hitech Engineering.

Aace Hitech Engineering Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 15% increase. The company also saw a substantial improvement in profitability, with a 175.53% increase in profit. The company's net worth Soared by an impressive increase of 25.19%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.00%
Revenue from Operations
17.00%
Total Assets
33.56%
Profit or Loss
175.53%
Net Worth
25.19%
EBITDA
103.27%

What is the Ownership and Shareholding Structure of Aace Hitech Engineering?

In 2021, Aace Hitech Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.38 M

Satisfied Charges

₹20.25 M

Charges Breakdown by Lending Institutions

  • Others : 2.84 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023Others₹3.50 MOpen
27 Mar 2023Others₹1.30 CrOpen
25 Feb 2022Others₹9.50 MOpen
25 Sep 2021Others₹2.38 MOpen
23 Dec 2020Others₹6.75 MSatisfied

How Many Employees Work at Aace Hitech Engineering?

Aace Hitech Engineering has a workforce of 37 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aace Hitech Engineering, 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 Aace Hitech Engineering's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Aace Hitech Engineering

Recent activity within the organization

  • Annual General Meeting

    Aace Hitech Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Aace Hitech Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.50 M with Charge ID 100708186 was registered on 30 Mar 2023.

    30 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 13.00 M with Charge ID 100700283 was registered on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge registered on 23 Dec 2020 via Charge ID 100408342 with Others was fully satisfied on 19 Apr 2022.

    19 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 9.50 M with Charge ID 100556190 was registered on 25 Feb 2022.

    25 Feb 2022

Frequently asked questions

  • Aace Hitech Engineering Private Limited was incorporated on 03 Dec 2010.

  • The authorized share capital of Aace Hitech Engineering Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Aace Hitech Engineering Private Limited.

    • Balakrishnan Srividhyha
    • Damodharaswamy Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aace Hitech Engineering Private Limited is Lakshmi Vinayagar Thottam No 624 A Sf 399/1 C Pothiyampalayam Naranapuram Village India, Coimbatore North, Tamil Nadu, 641107.

  • The corporate identification number (CIN) of Aace Hitech Engineering Private Limited is U29300TZ2010PTC016573 and the company number is 016573 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aace Hitech Engineering Private Limited is https://www.aace-hitech-engineering-private-limited.business.site

  • According to the financial reports for the fiscal year 2021, the revenue trend for Aace Hitech Engineering Private Limited has risen by 15.00%.

  • As Per 2021 financial reports, 37 employees are currently employed by Aace Hitech Engineering Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Aace Hitech Engineering Private Limited has experienced an upsurge of 25.19%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Aace Hitech Engineering Private Limited amount to ₹ 2.84 Cr.

  • The most recent Balance Sheet for Aace Hitech Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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