Ace Clothing Company Private Limited

Manufactures and exports readymade garments for nationwide brands and private labels.

2004 | Umbergaon, Gujarat (India) | Active
Last Updated: July 05, 2024

Ace Clothing Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.36 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.63 Cr
  • Revenue Growth 36.26%
  • Profit Growth 388.85%
  • Ebitda -16.51%
  • Net Worth 3.16%
  • Total Assets -17.40%

About Ace Clothing Company

Ace Clothing Company Private Limited (ACCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 2004 and has a history of 20 years and ten months. Its registered office is in Umbergaon, Gujarat, India.

The Company is engaged in the Fashion And Textile 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 9.36 M.

The company currently has active open charges totaling ₹15.63 Cr.

Rishit Kapadia and Binal Kapadia serve as directors at the Company.

Company Details

  • Location

    Umbergaon, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111GJ2004PTC043884

  • Company No.

    043884

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

What products or services does Ace Clothing Company Private Limited offer?

Ace Clothing Company Private Limited offers a wide range of products and services, including Extension Springs, Tension Springs, Torsion Springs, Precise Torsion Spring, Compression Springs.

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

Board Members (2)

Name Designation Appointment Date Status
Rishit Kapadia Country flag representing In Director 30-Mar-2004 Current
Binal Kapadia Country flag representing In Director 30-Mar-2004 Current

Financial Performance of Ace Clothing Company.

Ace Clothing Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.26% increase. The company also saw a substantial improvement in profitability, with a 388.85% increase in profit. The company's net worth moved up by a moderate rise of 3.16%.

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
36.26%
Revenue from Operations
35.66%
Total Assets
-17.40%
Profit or Loss
388.85%
Net Worth
3.16%
EBITDA
-16.51%

What is the Ownership and Shareholding Structure of Ace Clothing Company?

In 2023, Ace Clothing Company had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.63 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 15.63 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2008 Others ₹7.81 Cr Open
14 Feb 2008 Others ₹7.81 Cr Open

How Many Employees Work at Ace Clothing Company?

Ace Clothing Company has a workforce of 8 employees as of Mar 21, 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 Clothing Company, 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 Clothing Company'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 Clothing Company

Recent activity within the organization

  • Annual General Meeting

    Ace Clothing Company 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 Clothing Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 7.81 Cr registered on 14 Feb 2008 with Charge ID 10090563 was modified on 22 Sep 2020.

    22 Sep 2020

  • Charges

    A charge with Others of Rs. 7.81 Cr registered on 14 Feb 2008 with Charge ID 10090576 was modified on 14 Sep 2020.

    14 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 7.81 Cr with Charge ID 10090576 was registered on 14 Feb 2008.

    14 Feb 2008

  • Charges

    A charge with Others amounted to Rs. 7.81 Cr with Charge ID 10090563 was registered on 14 Feb 2008.

    14 Feb 2008

Frequently asked questions

  • Ace Clothing Company Private Limited was incorporated on 30 Mar 2004.

  • The authorized share capital of Ace Clothing Company Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.36 M.

  • Currently 2 directors are associated with Ace Clothing Company Private Limited.

    • Rishit Satish Kapadia
    • Binal Kirtikumar Kapadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Clothing Company Private Limited is 103-104 New Gidc Industrialestate, Umbergaon, Gujarat, India, 306171.

  • The corporate identification number (CIN) of Ace Clothing Company Private Limited is U17111GJ2004PTC043884 and the company number is 043884 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Clothing Company Private Limited is https://www.aceclothing.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Clothing Company Private Limited has risen by 36.26%.

  • As Per 2023 financial reports, 8 employees are currently employed by Ace Clothing Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Clothing Company Private Limited has experienced an upsurge of 3.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Clothing Company Private Limited amount to ₹ 15.63 Cr.

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