Ace Engineering Solutions India Private Limited

Manufactures oil & gas packages, tanks, and enclosures in Pune, India.

2018 | Pune, Maharashtra (India) | Active
Last Updated:

Ace Engineering Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.25 Cr
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.11 Cr
  • Revenue Growth 32.05%
  • Profit Growth 94.54%
  • Ebitda 81.63%
  • Net Worth 54.18%
  • Total Assets 63.65%

About Ace Engineering Solutions India

Ace Engineering Solutions India Private Limited (AESIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 09 July 2018 (Six years and eight months 5 days old ). Its registered office is in Pune, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.25 Cr.

The company currently has active open charges totaling ₹27.11 Cr.

Ashok Shaw, Angad Kalra, and Prasanna Udupi serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308PN2018PTC177591

  • Company No.

    177591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power
Company report

Ace Engineering Solutions India Private Limited

Explore comprehensive data for Ace Engineering Solutions India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ace Engineering Solutions India?

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Shaw Country flag representing In Director 18-Jul-2024Current
Angad Kalra Country flag representing In Director 18-Dec-2018Current
Prasanna Udupi Country flag representing In Director 09-Jul-2018Current

Financial Performance of Ace Engineering Solutions India.

Ace Engineering Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.05% increase. The company also saw a substantial improvement in profitability, with a 94.54% increase in profit. The company's net worth Soared by an impressive increase of 54.18%.

Ace Engineering Solutions India revenue growth over time
Ace Engineering Solutions India 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
32.05%
Revenue from Operations
31.81%
Total Assets
63.65%
Profit or Loss
94.54%
Net Worth
54.18%
EBITDA
81.63%

What is the Ownership and Shareholding Structure of Ace Engineering Solutions India?

In 2023, Ace Engineering Solutions India 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

₹27.11 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 26.58 Cr
  • Others : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 2024Axis Bank Limited₹1.52 MOpen
03 May 2024Others₹2.80 MOpen
26 Jul 2023Axis Bank Limited₹1.72 MOpen
08 Oct 2022Others₹2.50 MOpen
04 Jun 2022Axis Bank Limited₹20.00 CrOpen

How Many Employees Work at Ace Engineering Solutions India?

Ace Engineering Solutions India has a workforce of 110 employees as of Mar 27, 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 Engineering Solutions India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Engineering Solutions India, 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 Engineering Solutions India'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 Engineering Solutions India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 04 Jun 2022 with Charge ID 100589007 was modified on 05 Nov 2024.

  • Director Appointment

    Ashok Kumar Sadhairam Shaw was appointed as a Director was appointed as a Director on 18 Jul 2024 & has been associated with this company since 7 months 26 days .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100932765 was registered on 06 May 2024.

  • Charges

    A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100929244 was registered on 03 May 2024.

  • Annual General Meeting

    Ace Engineering Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100780248 was registered on 26 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ace Engineering Solutions India Private Limited?

    Ace Engineering Solutions India Private Limited was incorporated on 09 Jul 2018.

  • What is authorized share capital and paid-up capital of Ace Engineering Solutions India Private Limited?

    The authorized share capital of Ace Engineering Solutions India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.25 Cr.

  • Who are the current board members & directors of Ace Engineering Solutions India Private Limited?

    Currently 3 directors are associated with Ace Engineering Solutions India Private Limited.

    • Ashok Kumar Sadhairam Shaw
    • Angad Satvinder Kalra
    • Prasanna Rama Rao Udupi
  • What is the registered address of Ace Engineering Solutions India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Engineering Solutions India Private Limited is Plot No. Pap-K-11 Chakan Midc Area Phase Ii Khalumbre, Taluka Khed India, Pune, Maharashtra, 410501.

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

    The corporate identification number (CIN) of Ace Engineering Solutions India Private Limited is U29308PN2018PTC177591 and the company number is 177591 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ace Engineering Solutions India Private Limited?

    The Official website of Ace Engineering Solutions India Private Limited is https://www.acegroup.me

  • What has been the recent revenue trend for Ace Engineering Solutions India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ace Engineering Solutions India Private Limited has risen by 32.05%.

  • How many employees does Ace Engineering Solutions India Private Limited currently have?

    As Per 2023 financial reports, 110 employees are currently employed by Ace Engineering Solutions India Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Ace Engineering Solutions India Private Limited has experienced an upsurge of 54.18%.

  • What are the total open charges for Ace Engineering Solutions India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ace Engineering Solutions India Private Limited amount to ₹ 27.11 Cr.

  • When was the last Balance Sheet of Ace Engineering Solutions India Private Limited filed with the ROC?

    The most recent Balance Sheet for Ace Engineering Solutions India Private Limited was filed with the ROC on 31 Mar 2023.

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