Ace Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.05 M
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.30 Cr
- Revenue Growth 28.03%
- Profit Growth 83.10%
- Ebitda 35.51%
- Net Worth 3.38%
- Total Assets 0.64%
About Ace Automobiles
Ace Automobiles Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 1996 and has a history of 28 years and seven months. Its registered office is in Calicut, Kerala, India.
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.
Company Details
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Location
Calicut, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50101KL1996PTC010517
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Company No.
010517
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Jun 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
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 |
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Pranav Kamath
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Director | 12-Apr-2017 | Current |
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Sadanand Kamath
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Director | 26-Jun-1996 | Current |
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Sachin Kamath
|
Director | 17-Jul-2015 | Current |
Financial Performance 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
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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)
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The Malabar Chamber Of CommerceNityanand Kamath is a mutual person
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Ace Transworld Engineering Private LimtedSadanand Kamath, Nityanand Kamath and 1 more are mutual person
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Ace Structures Private Limited
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
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Ace Motors Private Limited
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
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Ace Finlease Private Limited
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
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Trio Holdings Private LimitedSadanand Kamath, Nityanand Kamath and 1 more are mutual person
Charges (Loans)
₹10.30 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of Travancore : 6.30 Cr
- Axis Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2017 | Axis Bank Limited | ₹4.00 Cr | Open |
| 16 Oct 2007 | State Bank Of Travancore | ₹1.50 Cr | Open |
| 16 Oct 2007 | State Bank Of Travancore | ₹3.00 M | Open |
| 16 Oct 2007 | State Bank Of Travancore | ₹4.00 Cr | Open |
| 03 Jul 2000 | State Bank Of Travancore | ₹5.00 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.
