Ace Build Private Limited

Constructs industrial and residential buildings, offices, and stadiums in Northern India.

1983 | Chandigarh (India) | Active
Last Updated: January 09, 2025

Ace Build Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.93 M
  • Company Age 42 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.90 Cr
  • Revenue Growth 86.74%
  • Profit Growth 116.46%
  • Ebitda 125.67%
  • Net Worth 9.15%
  • Total Assets 33.22%

About Ace Build

Ace Build Private Limited (ABPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 1983 and has a history of 42 years and one month. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Akal Constructors And Engineers Pvt Ltd. The Company is engaged in the Real Estate And Construction 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 1.50 M and a paid-up capital of Rs 0.93 M.

The company currently has active open charges totaling ₹3.90 Cr.

Bhupinder Singh and Narender Bishnoi serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201CH1983PTC005243

  • Company No.

    005243

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Real Estate and Construction

Who are the key members and board of directors at Ace Build?

Executive Team (1)

Name Designation Appointment Date Status
Bhupinder Singh Country flag representing In Managing Director 21-Dec-1983 Current

Board Members (1)

Name Designation Appointment Date Status
Narender Bishnoi Country flag representing In Director 28-Apr-2016 Current

Financial Performance of Ace Build.

Ace Build Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.74% increase. The company also saw a substantial improvement in profitability, with a 116.46% increase in profit. The company's net worth moved up by a moderate rise of 9.15%.

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
86.74%
Revenue from Operations
87.54%
Total Assets
33.22%
Profit or Loss
116.46%
Net Worth
9.15%
EBITDA
125.67%

What is the Ownership and Shareholding Structure of Ace Build?

Unlock access to Ace Build's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.10 Cr
  • Andhra Bank : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
24 Feb 1996 Others ₹3.10 Cr Open
24 Feb 1996 Andhra Bank ₹8.00 M Open

How Many Employees Work at Ace Build?

Ace Build has a workforce of 199 employees as of Mar 29, 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 Ace Build, 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 Build'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 Ace Build

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ace Build Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 31.00 M registered on 24 Feb 1996 with Charge ID 80051951 was modified on 21 Sep 2016.

    21 Sep 2016

  • Director Appointment

    Narender Bishnoi was appointed as a Director was appointed as a Director on 28 Apr 2016 & has been associated with this company since 8 years 9 months .

    28 Apr 2016

  • Charges

    A charge with Andhra Bank amounted to Rs. 8.00 M with Charge ID 90170752 was registered on 24 Feb 1996.

    24 Feb 1996

  • Charges

    A charge with Others amounted to Rs. 31.00 M with Charge ID 80051951 was registered on 24 Feb 1996.

    24 Feb 1996

Frequently asked questions

  • Ace Build Private Limited was incorporated on 05 Jan 1983.

  • The authorized share capital of Ace Build Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.93 M.

  • Currently 2 directors are associated with Ace Build Private Limited.

    • Bhupinder Singh
    • Narender Bishnoi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Build Private Limited is Sco 10 11 12Sector 17 B India, U T, Chandigarh, 160017.

  • The corporate identification number (CIN) of Ace Build Private Limited is U45201CH1983PTC005243 and the company number is 005243 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Build Private Limited is https://www.acebuild.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Build Private Limited has risen by 86.74%.

  • As Per 2023 financial reports, 199 employees are currently employed by Ace Build Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Build Private Limited has experienced an upsurge of 9.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Build Private Limited amount to ₹ 3.90 Cr.

  • The most recent Balance Sheet for Ace Build Private Limited was filed with the ROC on 31 Mar 2024.

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