Ace Distributors Private Limited

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
HomeCompanyAce Distributors Private Limited

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

Board Members(3)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹3.55 M

₹4.55 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 24 May 2024
₹0.91 MOpen

City Union Bank Limited

Creation Date: 23 Mar 2021
₹2.50 MOpen

Lord Krishna Bank

Creation Date: 17 Jan 1998
₹0.13 MOpen

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.

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Rating

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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.

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