Ace Electromagnetics Private Limited logo

Ace Electromagnetics Private Limited

Manufacturer of transformers, relays, ballasts, chokes, and other electrical products with ISO certification.
2006 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 20, 2024
HomeCompanyAce Electromagnetics Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Yogesh Shetty In Director 20-Jun-2006Current
Dayakshini Shetty 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%.

Revenue Growth Graph
Profit Loss Graph
  • 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
56.93%
Revenue from Operations
56.92%
Total Assets
7.22%
Profit or Loss
308.48%
Net Worth
109.34%
EBITDA
24.57%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹65.00 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 06 Dec 2023
₹7.50 MOpen

Others

Creation Date: 13 Apr 2022
₹1.55 CrOpen

Others

Creation Date: 18 Jul 2020
₹2.50 MOpen

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 Graph

Deals i

Rating

Alerts

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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

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

    06 Dec 2023

  • Charges

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

    13 Apr 2022

  • Charges

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

    18 Jul 2020

  • Charges

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

    28 Jan 2018

Frequently asked questions

  • Ace Electromagnetics Private Limited was incorporated on 20 Jun 2006.

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

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

    • Yogesh Balakrishna Shetty
    • Dayakshini Yogesh Shetty
  • 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.

  • 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).

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

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

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

  • 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%.

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

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

Similar Companies Based on Power Equipment Manufacturers