Ace Autocars Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 02-07-2024
- Paid Up Capital ₹ 2.93 Cr
as on 02-07-2024
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.00 Cr
as on 02-07-2024
- Satisfied Charges ₹ 16.40 Cr
as on 02-07-2024
- Revenue -88.89%
(FY 2020)
- Profit 76.70%
(FY 2020)
- Ebitda 81.90%
(FY 2020)
- Net Worth -1803.21%
(FY 2020)
- Total Assets -5.98%
(FY 2020)
About Ace Autocars
The Company is engaged in the Automotive 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 4.00 Cr and a paid-up capital of Rs 2.93 Cr.
The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹16.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shaikh Hussain and Akhandal Mohanty serve as directors at the Company.
- CIN/LLPIN
U50100OR2008PTC010108
- Company No.
010108
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Company Details
- Location
Khorda, Odisha, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Ace Autocars?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaikh Hussain  | Director | 19-Aug-2020 | Current |
| Akhandal Mohanty | Director | 19-Aug-2020 | Current |
Financial Performance and Corporate Structure Insights of Ace Autocars.
Ace Autocars Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 88.89% decrease. The company also saw a substantial improvement in profitability, with a 76.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 1803.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Autocars?
In 2020, Ace Autocars had a promoter holding of 12.35% and a public holding of 87.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Disha Housing Private LimitedActive 20 years 2 monthsShaikh Hussain and Akhandal Mohanty are mutual person
- Green Field Amusement Private LimitedActive 18 years 9 months
Shaikh Hussain and Akhandal Mohanty are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Feb 2024 | ₹15.00 Cr | Open |
Others Creation Date: 18 Apr 2013 | ₹8.00 Cr | Satisfied |
Tata Capital Financial Services Limited Creation Date: 25 Feb 2013 | ₹6.50 Cr | Satisfied |
How Many Employees Work at Ace Autocars?
Ace Autocars has a workforce of 115 employees as of Apr 08, 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 Ace Autocars, 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 Ace Autocars'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.
