Ace Conveyors Private Limited

Manufactures and supplies conveyors, offers machining and fabrication services for various machinery and systems.

2008 | Nagpur, Maharashtra (India) | Active
Last Updated: October 23, 2024

Ace Conveyors Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 46.11%
  • Profit Growth 49.18%
  • Ebitda 48.22%
  • Net Worth 39.74%
  • Total Assets 45.55%

About Ace Conveyors

Ace Conveyors Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 2008 and has a history of 16 years and ten months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Engineering 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 2.50 M and a paid-up capital of Rs 1.10 M.

The company has closed loans amounting to ₹4.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tapas Sarkar and Soma Sarkar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112MH2008PTC180527

  • Company No.

    180527

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

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

Executive Team (1)

Name Designation Appointment Date Status
Tapas Sarkar Country flag representing In Managing Director 27-Mar-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Soma Sarkar Country flag representing In Director 27-Mar-2008 Current

Financial Performance of Ace Conveyors.

Ace Conveyors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.11% increase. The company also saw a substantial improvement in profitability, with a 49.18% increase in profit. The company's net worth Soared by an impressive increase of 39.74%.

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
46.11%
Revenue from Operations
46.11%
Total Assets
45.55%
Profit or Loss
49.18%
Net Worth
39.74%
EBITDA
48.22%

What is the Ownership and Shareholding Structure of Ace Conveyors?

In 2023, Ace Conveyors 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

₹0

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2010 State Bank Of India ₹4.00 M Satisfied

How Many Employees Work at Ace Conveyors?

Ace Conveyors has a workforce of 46 employees as of Apr 04, 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 Conveyors, 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 Conveyors'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 Conveyors

Recent activity within the organization

  • Annual General Meeting

    Ace Conveyors 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 Conveyors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 29 Sep 2010 via Charge ID 10247174 with State Bank Of India was fully satisfied on 04 Feb 2015.

    04 Feb 2015

  • Charges

    A charge with State Bank Of India of Rs. 4.00 M registered on 29 Sep 2010 with Charge ID 10247174 was modified on 05 Oct 2010.

    05 Oct 2010

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 M with Charge ID 10247174 was registered on 29 Sep 2010.

    29 Sep 2010

  • Director Appointment

    Tapas Umapada Sarkar was appointed as a Managing Director was appointed as a Managing Director on 27 Mar 2008 & has been associated with this company since 16 years 10 months .

    27 Mar 2008

Frequently asked questions

  • Ace Conveyors Private Limited was incorporated on 27 Mar 2008.

  • The authorized share capital of Ace Conveyors Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.10 M.

  • Currently 2 directors are associated with Ace Conveyors Private Limited.

    • Tapas Umapada Sarkar
    • Soma Tarit Sarkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Conveyors Private Limited is N-55, M.I.D.C. Industrial Area Hingna India, Nagpur, Maharashtra, 440016.

  • The corporate identification number (CIN) of Ace Conveyors Private Limited is U28112MH2008PTC180527 and the company number is 180527 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Conveyors Private Limited has risen by 46.11%.

  • As Per 2023 financial reports, 46 employees are currently employed by Ace Conveyors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Conveyors Private Limited has experienced an upsurge of 39.74%.

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