Ace Exports Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 5.39 Cr
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.66 Cr
- Satisfied Charges ₹ 2.35 Cr
- Revenue Growth 31.25%
- Profit Growth -53.74%
- Ebitda 12.99%
- Net Worth 0.75%
- Total Assets -22.44%
About Ace Exports
Ace Exports Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 July 1990 and has a history of 34 years and eight months. Its registered office is in Kanpur Dehat, Uttar Pradesh, India.
The Corporate was formerly known as Kanpur Saddles Private Limited. The Company is engaged in the Consumer Goods 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 7.50 Cr and a paid-up capital of Rs 5.39 Cr.
The company currently has active open charges totaling ₹3.66 Cr. The company has closed loans amounting to ₹2.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ace Exports Limited India are Khursheed Warsi as CFO and Sajid Iqbal as Company Secretary. Riaz Waki, Shabana Roofi, Shariq Jamal, and Three other members serve as directors at the Company.
Company Details
- Location
Kanpur Dehat, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L19111UP1990PLC012053
- Company No.
012053
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jul 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Kanpur
Industry
Consumer Goods
What products or services does Ace Exports Limited offer?
Ace Exports Limited offers a wide range of products and services, including Ladies Slippers, Designer Slipper, Fancy Slipper.
Who are the key members and board of directors at Ace Exports?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Riaz Waki  | Managing Director | 12-Sep-2000 | Current |
| Khursheed Warsi | CFO | 28-Mar-2019 | Current |
| Sajid Iqbal | Company Secretary | 01-Oct-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shabana Roofi | Director | 28-Sep-2001 | Current |
| Shariq Jamal | Director | 01-Dec-2016 | Current |
| Anwar Warsi | Director | 22-Aug-2024 | Current |
| Ahsan Zaheer | Director | 30-Sep-2020 | Current |
| Nuzhat Ramzi | Director | 07-Nov-2012 | Current |
Financial Performance of Ace Exports.
Ace Exports Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.25% increase. The company also saw a substantial fall in profitability, with a 53.74% decrease in profit. The company's net worth moved up by a moderate rise of 0.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Exports?
In 2023, Ace Exports had a promoter holding of 43.27% and a public holding of 56.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹3.66 Cr
Satisfied Charges
₹2.35 Cr
Charges Breakdown by Lending Institutions
- Others : 3.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2021 | Others | ₹1.35 M | Open |
| 13 Aug 2020 | Others | ₹2.70 M | Open |
| 29 Mar 2010 | Others | ₹3.25 Cr | Open |
| 23 Aug 2014 | Punjab National Bank | ₹0.95 M | Satisfied |
| 27 Mar 2010 | Punjab National Bank | ₹1.25 Cr | Satisfied |
How Many Employees Work at Ace Exports?
Ace Exports has a workforce of 55 employees as of Mar 23, 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 Exports, 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 Exports'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.
Latest Updates, News, and FAQs on Ace Exports
Recent activity within the organization
- Annual General Meeting
Ace Exports Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Anwar Ahmad Warsi was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 6 months 13 days .
- Balance Sheet
Ace Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Charges
A charge with Others of Rs. 3.25 Cr registered on 29 Mar 2010 with Charge ID 10214123 was modified on 15 Apr 2023.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100515825 was registered on 14 Dec 2021.
- Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100377687 was registered on 13 Aug 2020.
Frequently asked questions
What is the Incorporation or founding date of Ace Exports Limited?
Ace Exports Limited was incorporated on 05 Jul 1990.
What is authorized share capital and paid-up capital of Ace Exports Limited?
The authorized share capital of Ace Exports Limited is ₹ 7.50 Cr and paid-up capital is ₹ 5.39 Cr.
Who are the current board members & directors of Ace Exports Limited?
Currently 8 directors are associated with Ace Exports Limited.
- Riaz Saeed Roofi Waki
- Shabana Roofi
- Shariq Jamal
- Anwar Ahmad Warsi
- Khursheed Ahmad Warsi
- Sajid Iqbal
- Ahsan Zaheer
- Nuzhat Ramzi
What is the registered address of Ace Exports Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ace Exports Limited is 20/157Patkapur Kanpur India, Uttar Pradesh, 208001.
What is the corporate identification number (CIN) and company number of Ace Exports Limited?
The corporate identification number (CIN) of Ace Exports Limited is L19111UP1990PLC012053 and the company number is 012053 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ace Exports Limited?
The Official website of Ace Exports Limited is https://www.ace-shoes.com
What has been the recent revenue trend for Ace Exports Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ace Exports Limited has risen by 31.25%.
How many employees does Ace Exports Limited currently have?
As Per 2023 financial reports, 55 employees are currently employed by Ace Exports Limited.
What change has been observed in the net worth of Ace Exports Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ace Exports Limited has experienced an upsurge of 0.75%.
What are the total open charges for Ace Exports Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ace Exports Limited amount to ₹ 3.66 Cr.
When was the last Balance Sheet of Ace Exports Limited filed with the ROC?
The most recent Balance Sheet for Ace Exports Limited was filed with the ROC on 31 Mar 2024.
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