Ace Cabs Limited

Rental car company with online portal offering various models for events, travel, and weddings.

2010 | Delhi (India) | Active
Last Updated: December 11, 2024

Ace Cabs Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 M
  • Satisfied Charges ₹ 9.08 Cr
  • Revenue Growth -12.40%
  • Profit Growth -159.91%
  • Ebitda -79.23%
  • Net Worth -17.21%
  • Total Assets -0.82%

About Ace Cabs

Ace Cabs Limited (ACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 2010 and has a history of 14 years and ten months. Its registered office is in Delhi, India.

The Corporate was formerly known as Ace Cabs Private Limited. The Company is engaged in the Transport And Logistics 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 7.00 Cr and a paid-up capital of Rs 4.09 Cr.

The company currently has active open charges totaling ₹7.00 M. The company has closed loans amounting to ₹9.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ace Cabs Limited India is Aman Julka as CEO. Aman Julka, Arjun Julka, Hitesh Sindwani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acecabs.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040DL2010PLC292071

  • Company No.

    292071

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does Ace Cabs Limited offer?

Ace Cabs Limited offers a wide range of products and services, including Air Taxi, Bus Rentals & Services, Car Rental.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Aman Julka Country flag representing In Managing Director05-Apr-2010Current

Board Members (4)

NameDesignationAppointment DateStatus
Arjun Julka Country flag representing In Whole-Time Director 05-Apr-2010Current
Hitesh Sindwani Country flag representing In Director 26-Feb-2019Current
Pallavi Sharma Country flag representing In Director 26-Feb-2019Current
Simarpreet Kohli Country flag representing In Additional Director 14-Nov-2019Current

Financial Performance of Ace Cabs.

Ace Cabs Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 12.4% decrease. The company also saw a substantial fall in profitability, with a 159.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.21%.

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
-12.40%
Revenue from Operations
-13.63%
Total Assets
-0.82%
Profit or Loss
-159.91%
Net Worth
-17.21%
EBITDA
-79.23%

What is the Ownership and Shareholding Structure of Ace Cabs?

In 2020, Ace Cabs 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

₹0.70 Cr

Satisfied Charges

₹9.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2018Others₹7.00 MOpen
15 Jul 2019Others₹1.50 MSatisfied
20 Jun 2019Others₹8.95 MSatisfied
20 Apr 2018Others₹2.70 MSatisfied
20 Apr 2018Others₹2.90 MSatisfied

How Many Employees Work at Ace Cabs?

Unlock and access historical data on people associated with Ace Cabs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Cabs, 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 Cabs'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 Cabs

Recent activity within the organization

  • Annual General Meeting

    Ace Cabs Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 15 Jul 2019 via Charge ID 100294569 with Others was fully satisfied on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge registered on 20 Jun 2019 via Charge ID 100294674 with Others was fully satisfied on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge registered on 02 Sep 2016 via Charge ID 100053568 with Others was fully satisfied on 23 May 2023.

    23 May 2023

  • Charges

    A charge registered on 21 Jul 2016 via Charge ID 100046779 with Others was fully satisfied on 23 May 2023.

    23 May 2023

  • Charges

    A charge registered on 25 May 2016 via Charge ID 100033395 with Others was fully satisfied on 23 May 2023.

    23 May 2023

Frequently asked questions

  • Ace Cabs Limited was incorporated on 05 Apr 2010.

  • The authorized share capital of Ace Cabs Limited is ₹ 7.00 Cr and paid-up capital is ₹ 4.09 Cr.

  • Currently 6 directors are associated with Ace Cabs Limited.

    • Aman Julka
    • Arjun Julka
    • Hitesh Sindwani
    • Pallavi Sharma
    • Simarpreet Singh Kohli
    • Aman Julka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Cabs Limited is 562 Silver Oak Lane Ghitorni Mg Road, India, New Delhi, 110030.

  • The corporate identification number (CIN) of Ace Cabs Limited is U63040DL2010PLC292071 and the company number is 292071 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Cabs Limited is https://www.acecabs.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ace Cabs Limited has fallen by -12.40%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ace Cabs Limited has experienced an downturn of -17.21%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Ace Cabs Limited amount to ₹ 7.00 M.

  • The most recent Balance Sheet for Ace Cabs Limited was filed with the ROC on 31 Mar 2023.

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