Ace Express Logistics Impex Private Limited

Freight forwarding and logistics services for various industries, with multiple branch offices.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Ace Express Logistics Impex Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 16 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.19 Cr
  • Satisfied Charges ₹ 8.50 M
  • Revenue Growth -31.87%
  • Profit Growth -70.64%
  • Ebitda -29.40%
  • Net Worth 5.51%
  • Total Assets 1.46%

About Ace Express Logistics Impex

Ace Express Logistics Impex Private Limited (AELIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 2009 and has a history of 16 years. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Transport And Logistics 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹7.19 Cr. The company has closed loans amounting to ₹8.50 M, as per Ministry of Corporate Affairs (MCA) records.

Lokesh Sivanesaselvan and Aju Soman serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aceexpressindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U62100TN2009PTC070729

  • Company No.

    070729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

What products or services does Ace Express Logistics Impex Private Limited offer?

Ace Express Logistics Impex Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Project Cargo Services, Air Cargo Service, Freight Forwarding Services, Sea Freight Forwarding, Custom Clearing Service.

Who are the key members and board of directors at Ace Express Logistics Impex?

Board Members (2)

NameDesignationAppointment DateStatus
Lokesh Sivanesaselvan Country flag representing In Director 13-Feb-2009Current
Aju Soman Country flag representing In Director 13-Feb-2009Current

Financial Performance of Ace Express Logistics Impex.

Ace Express Logistics Impex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.87% decrease. The company also saw a substantial fall in profitability, with a 70.64% decrease in profit. The company's net worth moved up by a moderate rise of 5.51%.

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
-31.87%
Revenue from Operations
-31.80%
Total Assets
1.46%
Profit or Loss
-70.64%
Net Worth
5.51%
EBITDA
-29.40%

What is the Ownership and Shareholding Structure of Ace Express Logistics Impex?

In 2023, Ace Express Logistics Impex 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

₹71.90 M

Satisfied Charges

₹8.50 M

Charges Breakdown by Lending Institutions

  • Others : 5.27 Cr
  • Bank Of Baroda : 1.68 Cr
  • Hdfc Bank Limited : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2022Hdfc Bank Limited₹0.57 MOpen
31 Mar 2022Others₹2.90 MOpen
04 Sep 2021Others₹5.80 MOpen
02 Dec 2020Hdfc Bank Limited₹1.83 MOpen
07 Oct 2013Others₹4.40 CrOpen

How Many Employees Work at Ace Express Logistics Impex?

Ace Express Logistics Impex has a workforce of 22 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Express Logistics Impex, 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 Express Logistics Impex'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 Express Logistics Impex

Recent activity within the organization

  • Annual General Meeting

    Ace Express Logistics Impex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ace Express Logistics Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 44.00 M registered on 07 Oct 2013 with Charge ID 10503680 was modified on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.57 M with Charge ID 100586887 was registered on 16 Apr 2022.

    16 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 2.90 M with Charge ID 100563444 was registered on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 5.80 M with Charge ID 100484001 was registered on 04 Sep 2021.

    04 Sep 2021

Frequently asked questions

  • Ace Express Logistics Impex Private Limited was incorporated on 13 Feb 2009.

  • The authorized share capital of Ace Express Logistics Impex Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Ace Express Logistics Impex Private Limited.

    • Lokesh Kumar Sivanesaselvan
    • Aju Charuvila Soman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Express Logistics Impex Private Limited is No.A9 3Rd Floor 29/9 Saena Circle Duraiswamy Road T.Nagar Chennai 600 01, 7, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Ace Express Logistics Impex Private Limited is U62100TN2009PTC070729 and the company number is 070729 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Express Logistics Impex Private Limited is https://www.aceexpressindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Express Logistics Impex Private Limited has fallen by -31.87%.

  • As Per 2023 financial reports, 22 employees are currently employed by Ace Express Logistics Impex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Express Logistics Impex Private Limited has experienced an upsurge of 5.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Express Logistics Impex Private Limited amount to ₹ 7.19 Cr.

  • The most recent Balance Sheet for Ace Express Logistics Impex Private Limited was filed with the ROC on 31 Mar 2023.

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