Ace Commercial Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.63 Cr
- Company Age 32 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.39 Cr
- Satisfied Charges ₹ 57.05 Cr
- Revenue Growth -24.62%
- Profit Growth -70.15%
- Ebitda -39.34%
- 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 ten 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
- 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
Ace Commercial Company Private Limited
Explore comprehensive data for Ace Commercial Company Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ace Commercial Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharmaditya Patnaik  | Managing Director | 29-Jun-1992 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjana Das | Director | 01-Apr-2003 | Current |
| Dibyalok Patnaik | Director | 29-Jun-1992 | Current |
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 70.15% decrease in profit. The company's net worth moved up by a moderate rise of 4.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Commercial Company?
In 2022, Ace Commercial Company had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ace Minerals Company Private Limited
Dharmaditya Patnaik and Dibyalok Patnaik are mutual person
- Orizon Resources Private Limited
Dharmaditya Patnaik, Sanjana Das and 1 more are mutual person
- Acechem Remedy Private Limited
Dharmaditya Patnaik and Sanjana Das are mutual person
- Ace Air Service Private Limited
Dharmaditya Patnaik, Sanjana Das and 1 more are mutual person
- Falcon Finance Limited
Dharmaditya Patnaik is a mutual person
- B.D.A. City Centre Limited
Dharmaditya Patnaik is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2024 | Others | ₹3.50 M | Open |
| 06 Sep 2024 | Others | ₹3.50 M | Open |
| 25 Jul 2024 | Others | ₹3.50 M | Open |
| 19 Mar 2024 | Hdfc Bank Limited | ₹4.99 M | Open |
| 22 Jan 2024 | Hdfc Bank Limited | ₹9.20 Cr | Open |
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.
Deals i
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
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
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.
- Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100980080 was registered on 06 Sep 2024.
- Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100977585 was registered on 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100925335 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Ace Commercial Company Private Limited?
Ace Commercial Company Private Limited was incorporated on 29 Jun 1992.
What is authorized share capital and paid-up capital of Ace Commercial Company Private Limited?
The authorized share capital of Ace Commercial Company Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.63 Cr.
Who are the current board members & directors of Ace Commercial Company Private Limited?
Currently 3 directors are associated with Ace Commercial Company Private Limited.
- Dharmaditya Patnaik
- Sanjana Sanghamitra Das
- Dibyalok Patnaik
What is the registered address of Ace Commercial Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ace Commercial Company Private Limited is 70 Forest Park India, Bhubaneswar, Orissa, 751009.
What is the corporate identification number (CIN) and company number of Ace Commercial Company Private Limited?
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).
What is the official website of Ace Commercial Company Private Limited?
The Official website of Ace Commercial Company Private Limited is https://www.acecommercialco.com
What has been the recent revenue trend for Ace Commercial Company Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ace Commercial Company Private Limited has fallen by -24.62%.
How many employees does Ace Commercial Company Private Limited currently have?
As Per 2022 financial reports, 191 employees are currently employed by Ace Commercial Company Private Limited.
What change has been observed in the net worth of Ace Commercial Company Private Limited, and by what percentage?
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%.
What are the total open charges for Ace Commercial Company Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ace Commercial Company Private Limited amount to ₹ 18.39 Cr.
When was the last Balance Sheet of Ace Commercial Company Private Limited filed with the ROC?
The most recent Balance Sheet for Ace Commercial Company Private Limited was filed with the ROC on 31 Mar 2023.
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