Ace Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 6.05 M
as on 17-06-2024
- Company Age 28 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.30 Cr
as on 17-06-2024
- Revenue 28.03%
(FY 2023)
- Profit 83.10%
(FY 2023)
- Ebitda 35.51%
(FY 2023)
- Net Worth 3.38%
(FY 2023)
- Total Assets 0.64%
(FY 2023)
About Ace Automobiles
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 1.00 Cr and a paid-up capital of Rs 6.05 M.
The company currently has active open charges totaling ₹10.30 Cr.
Pranav Kamath, Sadanand Kamath, Nityanand Kamath, and Two other members serve as directors at the Company.
- CIN/LLPIN
U50101KL1996PTC010517
- Company No.
010517
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Calicut, Kerala, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ace Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnanand Kamath  | Managing Director | 26-Jun-1996 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nityanand Kamath | Director | 26-Jun-1996 | Current |
| Pranav Kamath | Director | 12-Apr-2017 | Current |
| Sadanand Kamath | Director | 26-Jun-1996 | Current |
| Sachin Kamath | Director | 17-Jul-2015 | Current |
Financial Performance and Corporate Structure Insights of Ace Automobiles.
Ace Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.03% increase. The company also saw a substantial improvement in profitability, with a 83.1% increase in profit. The company's net worth moved up by a moderate rise of 3.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Automobiles?
In 2023, Ace Automobiles had a promoter holding of 64.46% and a public holding of 35.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ace Transworld Engineering Private LimtedActive 18 years 5 monthsSadanand Kamath, Nityanand Kamath and 1 more are mutual person
- Ace Structures Private LimitedActive 23 years 5 months
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
- Ace Motors Private LimitedActive 29 years 3 months
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
- Ace Finlease Private LimitedActive 28 years 4 months
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
Trio Holdings Private LimitedActive 27 years 7 monthsSadanand Kamath, Nityanand Kamath and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 28 Aug 2017 | ₹4.00 Cr | Open |
State Bank Of Travancore Creation Date: 16 Oct 2007 | ₹1.50 Cr | Open |
State Bank Of Travancore Creation Date: 16 Oct 2007 | ₹3.00 M | Open |
How Many Employees Work at Ace Automobiles?
Ace Automobiles has a workforce of 17 employees as of Apr 04, 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 Automobiles, 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 Automobiles'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.
