Ace Designers Profile
Key Indicators
- Authorised Capital ₹ 21.50 Cr
as on 12-12-2024
- Paid Up Capital ₹ 18.45 Cr
as on 12-12-2024
- Company Age 38 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 495.73 Cr
as on 12-12-2024
- Satisfied Charges ₹ 195.85 Cr
as on 12-12-2024
- Revenue 51.65%
(FY 2022)
- Profit 361.00%
(FY 2022)
- Ebitda 162.73%
(FY 2022)
- Net Worth 9.23%
(FY 2022)
- Total Assets 5.46%
(FY 2022)
About Ace Designers
The Corporate was formerly known as Anupam Machine Tools Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 21.50 Cr and a paid-up capital of Rs 18.45 Cr.
The company currently has active open charges totaling ₹495.73 Cr. The company has closed loans amounting to ₹195.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ace Designers Limited India are Rajesh Ramegowda as COMPANY SECRETARY and Chakravarthy Srinivas as Cfo. Srinivasan Rangarajan, Shrinivas Govindrao, Benedict Machado, and Four other members serve as directors at the Company.
- CIN/LLPIN
U29199KA1986PLC007816
- Company No.
007816
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1986
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Ace Designers Limited offer?
Ace Designers Limited offers a wide range of products and services, including CNC Machines, CNC Lathe Machine, CNC Machines & Lathe Machine, CNC Vertical Machining Centers, CNC Turning Centers, IT, Networking & Automation Solution, IT Solutions, VFD, PLC, HMI & Control Equipments, Industrial Automation Systems, Industrial Casting.
Who are the key members and board of directors at Ace Designers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thirumalaimuppur Ramesh  | Managing Director | 11-Feb-2023 | Current |
| Rajesh Ramegowda | Company Secretary | 01-Oct-2021 | Current |
| Chakravarthy Srinivas | CFO | 05-Jan-2024 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Benne Dwarakanath | Director | 06-Oct-2023 | Current |
| Srinivasan Rangarajan | Director | 09-Feb-2002 | Current |
| Shrinivas Govindrao | Director | 25-Sep-1986 | Current |
| Benedict Machado | Director | 25-Sep-1986 | Current |
| Ramadas Puttige | Director | 06-Oct-2023 | Current |
| Shubha Mayya | Director | 01-Jul-2021 | Current |
Financial Performance and Corporate Structure Insights of Ace Designers.
Ace Designers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 51.65% increase. The company also saw a substantial improvement in profitability, with a 361% increase in profit. The company's net worth moved up by a moderate rise of 9.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ace Designers?
In 2022, Ace Designers had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Subsidiary and 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sinar Sheetmetal Solutions Private LimitedActive 5 years 5 monthsRamadas Puttige is a mutual person
Murugappa Morgan Thermal Ceramics LtdActive 42 years 8 monthsSrinivasan Rangarajan is a mutual person
Indian Machine Tool Manufacturers AssociationActive 51 years 8 monthsSrinivasan Rangarajan, Shrinivas Govindrao and 1 more are mutual person
Amace Solutions Private LimitedActive 6 years 2 monthsRajesh Ramegowda and Chakravarthy Srinivas are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Aug 2021 | ₹40.00 Cr | Open |
Others Creation Date: 06 Jul 2021 | ₹15.00 Cr | Open |
Hdfc Bank Limited Creation Date: 20 Mar 2021 | ₹19.00 Cr | Open |
How Many Employees Work at Ace Designers?
Ace Designers has a workforce of 729 employees as of Mar 28, 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 Designers, 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 Designers'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.
