Ace Fabrics Llp

Textile company providing various fabric processing services and manufacturing clothing, carpets, and other fibrous products.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 25, 2023

Ace Fabrics Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 0.30 M
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.36 Cr
  • Revenue Growth 1443.04%
  • Profit Growth 4899.54%
  • Ebitda 1441.61%
  • Total Assets 189.36%

About Ace Fabrics Llp

Ace Fabrics Llp (AFL) is 5 Year, 1 Month old Limited Liability Partnership 23 December 2019. Its registered office is in Ahmedabad, Gujarat, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 0.30 M as per MCA.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAR-3852

  • Incorporation Date

    23 Dec 2019

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Ahmedabad

  • Company Classification

    Limited Liability Partnership

Industry

Fashion and Textile
Consumer Goods

Who are the key members and board of directors at Ace Fabrics Llp?

Designated Partners (5)

Name Designation Appointment Date Status
Rajesh Bindal Country flag representing In Designated Partner 18-Feb-2021 Current
Rahul Shah Country flag representing In Designated Partner 23-Dec-2019 Current
Mikul Patel Country flag representing Us Designated Partner 10-Jul-2020 Current
Priyen Patel Country flag representing Us Designated Partner 10-Jul-2020 Current
Jay Bhagat Country flag representing In Designated Partner 23-Dec-2019 Current

Financial Performance of Ace Fabrics Llp.

Ace Fabrics Llp, for the financial year ended 2021, experienced significant growth in revenue, with a 1443.04% increase. The company also saw a substantial improvement in profitability, with a 4899.54% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
1443.04%
Revenue from Operations
1442.79%
Total Assets
189.36%
Profit or Loss
4899.54%
Net Worth
EBITDA
1441.61%

What is the Ownership and Shareholding Structure of Ace Fabrics Llp?

Unlock access to Ace Fabrics Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹423.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.36 Cr
  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Nov 2021 Hdfc Bank Limited ₹20.00 Cr Open
25 May 2020 State Bank Of India ₹22.36 Cr Open

How Many Employees Work at Ace Fabrics Llp?

Unlock and access historical data on people associated with Ace Fabrics Llp, 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 Fabrics Llp, 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 Fabrics Llp's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Ace Fabrics Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Ace Fabrics Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 223.60 M registered on 25 May 2020 with Charge ID 100343038 was modified on 27 Dec 2021.

    27 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 200.00 M with Charge ID 100516736 was registered on 20 Nov 2021.

    20 Nov 2021

  • Director Appointment

    Rajesh Premchand Bindal was appointed as a Designated Partner was appointed as a Designated Partner on 18 Feb 2021 & has been associated with this company since 3 years 11 months .

    18 Feb 2021

  • Director Appointment

    Mikul Dashrathbhai Patel was appointed as a Designated Partner was appointed as a Designated Partner on 10 Jul 2020 & has been associated with this company since 4 years 6 months .

    10 Jul 2020

  • Director Appointment

    Priyen Dashrathbhai Patel was appointed as a Designated Partner was appointed as a Designated Partner on 10 Jul 2020 & has been associated with this company since 4 years 6 months .

    10 Jul 2020

Frequently asked questions

  • Ace Fabrics Llp was incorporated on 23 Dec 2019.

  • The Obligation of Contribution of Ace Fabrics Llp is ₹ 0.30 M.

  • Currently 5 partners are associated with Ace Fabrics Llp.

    • Rajesh Premchand Bindal
    • Rahul Jitendrakumar Shah
    • Mikul Dashrathbhai Patel
    • Priyen Dashrathbhai Patel
    • Jay Gaurangkumar Bhagat
    Rajesh Premchand BindalRahul Jitendrakumar ShahMikul Dashrathbhai PatelPriyen Dashrathbhai PatelJay Gaurangkumar Bhagat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Fabrics Llp is Survey No: 174 Saijpur-Gopalpur Pirana Road Piplej, Na, Ahmedabad, Gujarat, India, 382405.

  • The Limited Liability Partnership Identification Number (LLPIN) of Ace Fabrics Llp is AAR-3852.

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ace Fabrics Llp has risen by 1443.04%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ace Fabrics Llp amount to ₹ 42.36 Cr.

  • The most recent Balance Sheet for Ace Fabrics Llp was filed with the ROC on 31 Mar 2023.