Ace Electromagnetics Private Limited

Manufacturer of transformers, relays, ballasts, chokes, and other electrical products with ISO certification.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ace Electromagnetics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 Cr
  • Revenue Growth 56.93%
  • Profit Growth 308.48%
  • Ebitda 24.57%
  • Net Worth 109.34%
  • Total Assets 7.22%

About Ace Electromagnetics

Ace Electromagnetics Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 2006 and has a history of 18 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.50 Cr.

Yogesh Shetty and Dayakshini Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308MH2006PTC162739

  • Company No.

    162739

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Ace Electromagnetics Private Limited offer?

Ace Electromagnetics Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Line Load Reactors, Resistors & Other Passive Devices, Electronic Choke, Diodes & Electronic Active Devices, Thyristors, Voltage & Power Stabilizers, Voltage Stabilizers, Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers.

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

Board Members (2)

NameDesignationAppointment DateStatus
Yogesh Shetty Country flag representing In Director 20-Jun-2006Current
Dayakshini Shetty Country flag representing In Director 20-Jun-2006Current

Financial Performance of Ace Electromagnetics.

Ace Electromagnetics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.93% increase. The company also saw a substantial improvement in profitability, with a 308.48% increase in profit. The company's net worth Soared by an impressive increase of 109.34%.

Ace Electromagnetics revenue growth over time
Ace Electromagnetics 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
56.93%
Revenue from Operations
56.92%
Total Assets
7.22%
Profit or Loss
308.48%
Net Worth
109.34%
EBITDA
24.57%

What is the Ownership and Shareholding Structure of Ace Electromagnetics?

In 2022, Ace Electromagnetics 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

₹65.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.45 Cr
  • The Bharat Co-Operative Bank (Mumbai) Limited : 1.30 Cr
  • Hdfc Bank Limited : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
06 Dec 2023Hdfc Bank Limited₹7.50 MOpen
13 Apr 2022Others₹1.55 CrOpen
18 Jul 2020Others₹2.50 MOpen
28 Jan 2018Others₹1.45 CrOpen
13 Mar 2014Others₹1.20 CrOpen

How Many Employees Work at Ace Electromagnetics?

Ace Electromagnetics has a workforce of 11 employees as of Apr 08, 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.

Employee growth trends for Ace Electromagnetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Electromagnetics, 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 Electromagnetics'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 Electromagnetics

Recent activity within the organization

  • Annual General Meeting

    Ace Electromagnetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.50 M with Charge ID 100865439 was registered on 06 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 15.50 M with Charge ID 100586203 was registered on 13 Apr 2022.

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100368553 was registered on 18 Jul 2020.

  • Charges

    A charge with Others amounted to Rs. 14.50 M with Charge ID 100179371 was registered on 28 Jan 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Ace Electromagnetics Private Limited?

    Ace Electromagnetics Private Limited was incorporated on 20 Jun 2006.

  • What is authorized share capital and paid-up capital of Ace Electromagnetics Private Limited?

    The authorized share capital of Ace Electromagnetics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Ace Electromagnetics Private Limited?

    Currently 2 directors are associated with Ace Electromagnetics Private Limited.

    • Yogesh Balakrishna Shetty
    • Dayakshini Yogesh Shetty

  • What is the registered address of Ace Electromagnetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Electromagnetics Private Limited is 61 Bindal Industrial Premises Chs. Behind Lathia Rubber Sakinaka, Andheri (East) India, Mumbai, Maharashtra, 400072.

  • What is the corporate identification number (CIN) and company number of Ace Electromagnetics Private Limited?

    The corporate identification number (CIN) of Ace Electromagnetics Private Limited is U29308MH2006PTC162739 and the company number is 162739 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ace Electromagnetics Private Limited?

    The Official website of Ace Electromagnetics Private Limited is https://www.aceelectromagnetics.com

  • What has been the recent revenue trend for Ace Electromagnetics Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ace Electromagnetics Private Limited has risen by 56.93%.

  • How many employees does Ace Electromagnetics Private Limited currently have?

    As Per 2022 financial reports, 11 employees are currently employed by Ace Electromagnetics Private Limited.

  • What change has been observed in the net worth of Ace Electromagnetics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ace Electromagnetics Private Limited has experienced an upsurge of 109.34%.

  • What are the total open charges for Ace Electromagnetics Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Ace Electromagnetics Private Limited amount to ₹ 6.50 Cr.

  • When was the last Balance Sheet of Ace Electromagnetics Private Limited filed with the ROC?

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