Ace Commercial Company Private Limited

Provides stevedoring and transportation services for dry cargo at Paradip Port.

1992 | Khorda, Odisha (India) | Active
Last Updated: December 18, 2024

Ace Commercial Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.63 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.39 Cr
  • Satisfied Charges ₹ 57.05 Cr
  • Revenue Growth -24.62%
  • Profit Growth -69.71%
  • Ebitda -56.08%
  • Net Worth 4.47%
  • Total Assets -3.09%

About Ace Commercial Company

Ace Commercial Company Private Limited (ACCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 June 1992 and has a history of 32 years and seven months. Its registered office is in Khorda, Odisha, India.

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 5.00 Cr and a paid-up capital of Rs 4.63 Cr.

The company currently has active open charges totaling ₹18.39 Cr. The company has closed loans amounting to ₹57.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dharmaditya Patnaik, Sanjana Das, and Dibyalok Patnaik serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acecommercialco.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60210OR1992PTC003097

  • Company No.

    003097

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Transport and Logistics

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

Executive Team (1)

NameDesignationAppointment DateStatus
Dharmaditya Patnaik Country flag representing In Managing Director29-Jun-1992Current

Board Members (2)

NameDesignationAppointment DateStatus
Sanjana Das Country flag representing In Director 01-Apr-2003Current
Dibyalok Patnaik Country flag representing In Director 29-Jun-1992Current

Financial Performance of Ace Commercial Company.

Ace Commercial Company Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.62% decrease. The company also saw a substantial fall in profitability, with a 69.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.47%.

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
-24.62%
Revenue from Operations
-26.96%
Total Assets
-3.09%
Profit or Loss
-69.71%
Net Worth
4.47%
EBITDA
-56.08%

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

In 2022, Ace Commercial Company 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

₹18.39 Cr

Satisfied Charges

₹57.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 17.34 Cr
  • Others : 1.05 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Others₹3.50 MOpen
06 Sep 2024Others₹3.50 MOpen
25 Jul 2024Others₹3.50 MOpen
19 Mar 2024Hdfc Bank Limited₹4.99 MOpen
22 Jan 2024Hdfc Bank Limited₹9.20 CrOpen

How Many Employees Work at Ace Commercial Company?

Ace Commercial Company has a workforce of 191 employees as of Apr 05, 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 Commercial 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 Commercial 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 Commercial Company

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100999194 was registered on 29 Oct 2024.

    29 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100980080 was registered on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100977585 was registered on 25 Jul 2024.

    25 Jul 2024

  • Charges

    A charge registered on 24 Oct 2013 via Charge ID 10460223 with State Bank Of India was fully satisfied on 31 May 2024.

    31 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100925335 was registered on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.20 Cr with Charge ID 100872545 was registered on 22 Jan 2024.

    22 Jan 2024

Frequently asked questions

  • Ace Commercial Company Private Limited was incorporated on 29 Jun 1992.

  • The authorized share capital of Ace Commercial Company Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.63 Cr.

  • Currently 3 directors are associated with Ace Commercial Company Private Limited.

    • Dharmaditya Patnaik
    • Sanjana Sanghamitra Das
    • Dibyalok Patnaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Commercial Company Private Limited is 70 Forest Park India, Bhubaneswar, Orissa, 751009.

  • The corporate identification number (CIN) of Ace Commercial Company Private Limited is U60210OR1992PTC003097 and the company number is 003097 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Commercial Company Private Limited is https://www.acecommercialco.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ace Commercial Company Private Limited has fallen by -24.62%.

  • As Per 2022 financial reports, 191 employees are currently employed by Ace Commercial Company Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ace Commercial Company Private Limited has experienced an upsurge of 4.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ace Commercial Company Private Limited amount to ₹ 18.39 Cr.

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