Ace Commodities Exports Limited

Exports various agricultural and pharmaceutical products, with registered office in Bangalore.

2007 | Bangalore, Karnataka (India) | Inactive
Last Updated: April 23, 2024

Ace Commodities Exports Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 2.53 Cr
  • Revenue Growth -39.81%
  • Profit Growth -68.76%
  • Ebitda -21.85%
  • Net Worth 0.01%
  • Total Assets 0.33%

About Ace Commodities Exports

Ace Commodities Exports Limited (ACEL) is Dormant Under Section 455 company established on 23 Mar 2007 with its office registered at Bangalore, Karnataka, India and has been running since 17 Year, 11 Months with a paid up capital of 1.40 Cr. According to MCA records, 3 Directors are linked to this company as of 23 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51219KA2007PLC042224

  • Company No.

    042224

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2007

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

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

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Jain Country flag representing In Director 23-Mar-2007Current
Anil Jain Country flag representing In Director 23-Mar-2007Current
Roy Dsouza Country flag representing In Director 23-Mar-2007Current

Financial Performance of Ace Commodities Exports.

Ace Commodities Exports Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 39.81% decrease. The company also saw a substantial fall in profitability, with a 68.76% decrease in profit. The company's net worth moved up by a moderate rise of 0.01%.

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
-39.81%
Revenue from Operations
Total Assets
0.33%
Profit or Loss
-68.76%
Net Worth
0.01%
EBITDA
-21.85%

What is the Ownership and Shareholding Structure of Ace Commodities Exports?

In 2017, Ace Commodities Exports had a promoter holding of 50.71% and a public holding of 49.29%. 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

Satisfied Charges

₹2.53 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.53 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2009Bank Of India₹1.00 CrSatisfied
28 Sep 2007Bank Of India₹1.53 CrSatisfied

How Many Employees Work at Ace Commodities Exports?

Unlock and access historical data on people associated with Ace Commodities Exports, 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 Commodities Exports, 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 Commodities Exports'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 Commodities Exports

Recent activity within the organization

  • Annual General Meeting

    Ace Commodities Exports Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Ace Commodities Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Charges

    A charge registered on 24 Mar 2009 via Charge ID 10157608 with Bank Of India was fully satisfied on 31 May 2013.

    31 May 2013

  • Charges

    A charge with Bank Of India of Rs. 1.00 Cr registered on 24 Mar 2009 with Charge ID 10157608 was modified on 24 Nov 2011.

    24 Nov 2011

  • Charges

    A charge with Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10157608 was registered on 24 Mar 2009.

    24 Mar 2009

  • Charges

    A charge registered on 28 Sep 2007 via Charge ID 10072960 with Bank Of India was fully satisfied on 22 Oct 2008.

    22 Oct 2008

Frequently asked questions

  • Ace Commodities Exports Limited was incorporated on 23 Mar 2007.

  • The authorized share capital of Ace Commodities Exports Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 3 directors are associated with Ace Commodities Exports Limited.

    • Anil Kumar Jain
    • Roy Daniel Dsouza
    • Ajay Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Commodities Exports Limited is Solus-Unit No. A8 No.2 1St CrossJ C Road, Bangalore, Karnataka, India, 560002.

  • The corporate identification number (CIN) of Ace Commodities Exports Limited is U51219KA2007PLC042224 and the company number is 042224 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Ace Commodities Exports Limited has fallen by -39.81%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Ace Commodities Exports Limited has experienced an upsurge of 0.01%.

  • The most recent Balance Sheet for Ace Commodities Exports Limited was filed with the ROC on 31 Mar 2019.