Ace Carbide Tools Private Limited

Manufacturer and trader of hand tools, dies, and cutting tools for various industries.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: July 05, 2024

Ace Carbide Tools Profile

Key Indicators

  • Authorised Capital ₹ 5.30 M
  • Paid Up Capital ₹ 5.30 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.29 Cr
  • Satisfied Charges ₹ 2.22 Cr
  • Revenue Growth 47.02%
  • Profit Growth 23.20%
  • Ebitda 51.76%
  • Net Worth 15.34%
  • Total Assets 18.48%

About Ace Carbide Tools

Ace Carbide Tools Private Limited (ACTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 December 2007 and has a history of 17 years and two months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Machinery And Equipment 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 5.30 M and a paid-up capital of Rs 5.30 M.

The company currently has active open charges totaling ₹8.29 Cr. The company has closed loans amounting to ₹2.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tellakula Sasikala and Srinivasa Tellakula serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acecarbidetools.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910TG2007PTC056656

  • Company No.

    056656

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Ace Carbide Tools Private Limited offer?

Ace Carbide Tools Private Limited offers a wide range of products and services, including Office Stationery & Calculator, Office Stationery, Chisels & Professional Hand Tools, Punches, Jewellery Making Tools & Machines, Jewellery Making Tools, Ball Bearing Assemblies & Components, Bearing Rollers, Saw Blades & Grinding Wheels, Industrial Blades.

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

Board Members (2)

NameDesignationAppointment DateStatus
Tellakula Sasikala Country flag representing In Director 19-Nov-2008Current
Srinivasa Tellakula Country flag representing In Director 01-May-2008Current

Financial Performance of Ace Carbide Tools.

Ace Carbide Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.02% increase. The company also saw a substantial improvement in profitability, with a 23.2% increase in profit. The company's net worth Soared by an impressive increase of 15.34%.

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
47.02%
Revenue from Operations
48.76%
Total Assets
18.48%
Profit or Loss
23.20%
Net Worth
15.34%
EBITDA
51.76%

What is the Ownership and Shareholding Structure of Ace Carbide Tools?

In 2023, Ace Carbide Tools 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

₹82.87 M

Satisfied Charges

₹22.17 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.29 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2020Canara Bank₹3.40 MOpen
09 Sep 2019Canara Bank₹7.95 CrOpen
14 Oct 2019Canara Bank₹0.07 MSatisfied
09 Nov 2011Indian Overseas Bank₹2.15 CrSatisfied
03 Jan 2011Canara Bank₹0.60 MSatisfied

How Many Employees Work at Ace Carbide Tools?

Ace Carbide Tools has a workforce of 19 employees as of Apr 03, 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 Carbide Tools, 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 Carbide Tools'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 Carbide Tools

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ace Carbide Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 79.47 M registered on 09 Sep 2019 with Charge ID 100286725 was modified on 11 Feb 2022.

    11 Feb 2022

  • Charges

    A charge registered on 14 Oct 2019 via Charge ID 100297895 with Canara Bank was fully satisfied on 26 Mar 2021.

    26 Mar 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 3.40 M with Charge ID 100391594 was registered on 05 Mar 2020.

    05 Mar 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 0.07 M with Charge ID 100297895 was registered on 14 Oct 2019.

    14 Oct 2019

Frequently asked questions

  • Ace Carbide Tools Private Limited was incorporated on 12 Dec 2007.

  • The authorized share capital of Ace Carbide Tools Private Limited is ₹ 5.30 M and paid-up capital is ₹ 5.30 M.

  • Currently 2 directors are associated with Ace Carbide Tools Private Limited.

    • Tellakula Sasikala
    • Srinivasa Rao Tellakula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Carbide Tools Private Limited is H.No: 5-5-35/269Plot No:6 Block A Sy No .451 Shakthipeetam Prasanthi Nagar Kukatpall, Y, Hyderabad, Telangana, India, 500072.

  • The corporate identification number (CIN) of Ace Carbide Tools Private Limited is U28910TG2007PTC056656 and the company number is 056656 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Carbide Tools Private Limited is https://www.acecarbidetools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Carbide Tools Private Limited has risen by 47.02%.

  • As Per 2023 financial reports, 19 employees are currently employed by Ace Carbide Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Carbide Tools Private Limited has experienced an upsurge of 15.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Carbide Tools Private Limited amount to ₹ 8.29 Cr.

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

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