Ace Engineerings & Chemicals Private Limited

Manufactures polymer, synthetics, and PVC water storage tanks and plastic products for automobile and engineering industries.

2006 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Ace Engineerings & Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 2.06 Cr
  • Paid Up Capital ₹ 1.63 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.50 Cr
  • Satisfied Charges ₹ 1.34 Cr
  • Revenue Growth 74.68%
  • Profit Growth 132.25%
  • Ebitda 112.82%
  • Net Worth 40.46%
  • Total Assets 57.11%

About Ace Engineerings & Chemicals

Ace Engineerings & Chemicals Private Limited (AECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 2006 and has a history of 18 years and six months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Ace Engineerings & Chemicals Limited. The Company is engaged in the Automotive 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 2.06 Cr and a paid-up capital of Rs 1.63 Cr.

The company currently has active open charges totaling ₹19.50 Cr. The company has closed loans amounting to ₹1.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manoj Ojha and Siddharth Verma serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MP2006PTC018836

  • Company No.

    018836

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2006

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Automotive

What products or services does Ace Engineerings & Chemicals Private Limited offer?

Ace Engineerings & Chemicals Private Limited offers a wide range of products and services, including Automobile Body Coach Building, Automotive Body Parts, Plastic & Glass Labware, Laboratory Glass Components, Tyre, Tube & Flaps, Tyre Accessories, Tractor, Tractor Parts & Assemblies, Tractor Accessories, Excavator and Earth Moving Machinery, Excavator Parts.

Who are the key members and board of directors at Ace Engineerings & Chemicals?

Board Members (2)

Name Designation Appointment Date Status
Siddharth Verma Country flag representing In Director 02-Mar-2019 Current
Manoj Ojha Country flag representing In Director 03-Mar-2007 Current

Financial Performance of Ace Engineerings & Chemicals.

Ace Engineerings & Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.68% increase. The company also saw a substantial improvement in profitability, with a 132.25% increase in profit. The company's net worth Soared by an impressive increase of 40.46%.

Graph illustrating revenue growth over time
Graph showing 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
74.68%
Revenue from Operations
74.67%
Total Assets
57.11%
Profit or Loss
132.25%
Net Worth
40.46%
EBITDA
112.82%

What is the Ownership and Shareholding Structure of Ace Engineerings & Chemicals?

In 2022, Ace Engineerings & Chemicals had a promoter holding of 92.02% and a public holding of 7.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.50 Cr

Satisfied Charges

₹1.34 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.50 Cr

Latest Charge Details

Date Lender Amount Status
13 Oct 2023 Others ₹6.85 M Open
15 Nov 2007 Others ₹18.81 Cr Open
06 Aug 2015 Bank Of Baroda ₹0.40 M Satisfied
19 Mar 2008 State Bank Of Indore ₹1.30 Cr Satisfied

How Many Employees Work at Ace Engineerings & Chemicals?

Unlock and access historical data on people associated with Ace Engineerings & Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Engineerings & Chemicals, 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 Engineerings & Chemicals'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 Engineerings & Chemicals

Recent activity within the organization

  • Annual General Meeting

    Ace Engineerings & Chemicals Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 0.69 Cr with Charge ID 100845240 was registered on 13 Oct 2023.

    13 Oct 2023

  • Balance Sheet

    Ace Engineerings & Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 18.81 Cr registered on 15 Nov 2007 with Charge ID 10081529 was modified on 22 Mar 2023.

    22 Mar 2023

  • Director Appointment

    Siddharth Verma was appointed as a Director was appointed as a Director on 02 Mar 2019 & has been associated with this company since 5 years 11 months .

    02 Mar 2019

  • Charges

    A charge registered on 06 Aug 2015 via Charge ID 10593646 with Bank Of Baroda was fully satisfied on 08 Aug 2016.

    08 Aug 2016

Frequently asked questions

  • Ace Engineerings & Chemicals Private Limited was incorporated on 04 Aug 2006.

  • The authorized share capital of Ace Engineerings & Chemicals Private Limited is ₹ 2.06 Cr and paid-up capital is ₹ 1.63 Cr.

  • Currently 2 directors are associated with Ace Engineerings & Chemicals Private Limited.

    • Manoj Ojha
    • Siddharth Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Engineerings & Chemicals Private Limited is 659/1 Industrial Area, Near Kishkindha Dham Mandir -Rangwasa Road India, Rau, Madhya Pradesh, 453331.

  • The corporate identification number (CIN) of Ace Engineerings & Chemicals Private Limited is U25209MP2006PTC018836 and the company number is 018836 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Engineerings & Chemicals Private Limited is https://www.aceengineerings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Engineerings & Chemicals Private Limited has risen by 74.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Engineerings & Chemicals Private Limited has experienced an upsurge of 40.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Engineerings & Chemicals Private Limited amount to ₹ 19.50 Cr.

  • The most recent Balance Sheet for Ace Engineerings & Chemicals Private Limited was filed with the ROC on 31 Mar 2023.

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