Ace Electromagnetics Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 18 Year, 7 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 seven 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29308MH2006PTC162739
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Company No.
162739
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jun 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Shetty
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Director | 20-Jun-2006 | Current |
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Dayakshini Shetty
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Director | 20-Jun-2006 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Papsco Private LimitedYogesh Shetty is a mutual person
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Iglow Lighting Solutions Private LimitedYogesh Shetty is a mutual person
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Phoenix Cellulose Private LimitedYogesh Shetty is a mutual person
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Aufait Impex Private Limited
Yogesh Shetty is a mutual person
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Ndv Healthcare Private Limited
Yogesh Shetty and Dayakshini Shetty are mutual person
Charges (Loans)
₹65.00 M
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2023 | Hdfc Bank Limited | ₹7.50 M | Open |
| 13 Apr 2022 | Others | ₹1.55 Cr | Open |
| 18 Jul 2020 | Others | ₹2.50 M | Open |
| 28 Jan 2018 | Others | ₹1.45 Cr | Open |
| 13 Mar 2014 | Others | ₹1.20 Cr | Open |
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.
Deals i
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
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.