Ace Distributors Private Limited

Provides newspaper, magazine, and book delivery services as a trading agent since 1983 in Chennai.

1983 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Ace Distributors Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.55 M
  • Satisfied Charges ₹ 4.55 M
  • Revenue Growth 16.99%
  • Profit Growth 444.20%
  • Ebitda 27.78%
  • Net Worth 7.41%
  • Total Assets 14.89%

About Ace Distributors

Ace Distributors Private Limited (ADPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 December 1983 and has a history of 41 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Media And Publishing 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 1.60 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.55 M. The company has closed loans amounting to ₹4.55 M, as per Ministry of Corporate Affairs (MCA) records.

Kalpana Sonthalia, Neha Periwal, and Siddharth Sonthalia serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101TN1983PTC010500

  • Company No.

    010500

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 1983

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Media and Publishing

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

Board Members (3)

NameDesignationAppointment DateStatus
Kalpana Sonthalia Country flag representing In Director 06-Dec-1983Current
Neha Periwal Country flag representing In Director 18-Mar-2015Current
Siddharth Sonthalia Country flag representing In Director 18-Apr-2012Current

Financial Performance of Ace Distributors.

Ace Distributors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.99% increase. The company also saw a substantial improvement in profitability, with a 444.2% increase in profit. The company's net worth moved up by a moderate rise of 7.41%.

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
16.99%
Revenue from Operations
18.35%
Total Assets
14.89%
Profit or Loss
444.20%
Net Worth
7.41%
EBITDA
27.78%

What is the Ownership and Shareholding Structure of Ace Distributors?

In 2021, Ace Distributors 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

₹3.55 M

Satisfied Charges

₹4.55 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.25 Cr
  • Hdfc Bank Limited : 0.09 Cr
  • Lord Krishna Bank : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2024Hdfc Bank Limited₹0.91 MOpen
23 Mar 2021City Union Bank Limited₹2.50 MOpen
17 Jan 1998Lord Krishna Bank₹0.13 MOpen
10 Nov 2017Others₹0.58 MSatisfied
27 Jul 2006Indian Bank₹2.00 MSatisfied

How Many Employees Work at Ace Distributors?

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

Recent activity within the organization

  • Annual General Meeting

    Ace Distributors Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.91 M with Charge ID 100939070 was registered on 24 May 2024.

    24 May 2024

  • Balance Sheet

    Ace Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jul 2006 via Charge ID 10219782 with Indian Bank was fully satisfied on 05 Jun 2021.

    05 Jun 2021

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.50 M with Charge ID 100451558 was registered on 23 Mar 2021.

    23 Mar 2021

  • Charges

    A charge registered on 10 Nov 2017 via Charge ID 100139684 with Others was fully satisfied on 13 Jan 2020.

    13 Jan 2020

Frequently asked questions

  • Ace Distributors Private Limited was incorporated on 06 Dec 1983.

  • The authorized share capital of Ace Distributors Private Limited is ₹ 1.60 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Ace Distributors Private Limited.

    • Kalpana Sonthalia
    • Neha Periwal
    • Siddharth Sonthalia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Distributors Private Limited is Resolute Tower First Floor No2/41 Mc Nichols Road 2Nd Lane, Chetpet India, Egmore Nungambakkam, Tamil Nadu, 600031.

  • The corporate identification number (CIN) of Ace Distributors Private Limited is U51101TN1983PTC010500 and the company number is 010500 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ace Distributors Private Limited has risen by 16.99%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ace Distributors Private Limited has experienced an upsurge of 7.41%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ace Distributors Private Limited amount to ₹ 3.55 M.

  • The most recent Balance Sheet for Ace Distributors Private Limited was filed with the ROC on 31 Mar 2024.