Ace Fastening Solutions Private Limited

Manufactures hardware, hand tools, and industrial power tools since 2015.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Ace Fastening Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 63.04%
  • Profit Growth 151.42%
  • Ebitda 108.03%
  • Net Worth -4.73%
  • Total Assets 67.16%

About Ace Fastening Solutions

Ace Fastening Solutions Private Limited (AFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 June 2015 (Nine years and seven months 29 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Anand Mohan, Rajendran Uma, and Sathyanarayana Kumar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29249TN2015PTC100788

  • Company No.

    100788

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Ace Fastening Solutions Private Limited offer?

Ace Fastening Solutions Private Limited offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Torque Wrench, Hydraulic & Pneumatic Tools, Hydraulic Tools, Electric Motors and Components, Air Motors, Drills, Grinders, Saws & Power Tools, Grinding & Polishing Tools, Electric Screwdrivers & Impact Wrenches, Pneumatic Grinders & Polishers.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anand Mohan Country flag representing In Managing Director04-Jun-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Rajendran Uma Country flag representing In Director 04-Jun-2015Current
Sathyanarayana Kumar Country flag representing In Director 04-Jun-2015Current

Financial Performance of Ace Fastening Solutions.

Ace Fastening Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.04% increase. The company also saw a substantial improvement in profitability, with a 151.42% increase in profit. The company's net worth dipped by a decrease of 4.73%.

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
63.04%
Revenue from Operations
62.84%
Total Assets
67.16%
Profit or Loss
151.42%
Net Worth
-4.73%
EBITDA
108.03%

What is the Ownership and Shareholding Structure of Ace Fastening Solutions?

In 2023, Ace Fastening Solutions 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ace Fastening Solutions?

Unlock and access historical data on people associated with Ace Fastening Solutions, 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 Fastening Solutions, 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 Fastening Solutions'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 Fastening Solutions

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Director Appointment

    Rajendran Uma was appointed as a Director was appointed as a Director on 04 Jun 2015 & has been associated with this company since 9 years 7 months .

    04 Jun 2015

  • Director Appointment

    Sathyanarayana Naren Kumar was appointed as a Director was appointed as a Director on 04 Jun 2015 & has been associated with this company since 9 years 7 months .

    04 Jun 2015

  • Director Appointment

    Anand Mohan was appointed as a Managing Director was appointed as a Managing Director on 04 Jun 2015 & has been associated with this company since 9 years 7 months .

    04 Jun 2015

  • Company Incorporation

    Ace Fastening Solutions Private Limited was registered on 04 Jun 2015 with Roc Chennai & aged 9 years 7 months as per MCA records.

    04 Jun 2015

Frequently asked questions

  • Ace Fastening Solutions Private Limited was incorporated on 04 Jun 2015.

  • The authorized share capital of Ace Fastening Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Ace Fastening Solutions Private Limited.

    • Anand Mohan
    • Rajendran Uma
    • Sathyanarayana Naren Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Fastening Solutions Private Limited is No.2/19 Muthalamman Koil Street West Mambalam, Chennai, Tamil Nadu, India, 600033.

  • The corporate identification number (CIN) of Ace Fastening Solutions Private Limited is U29249TN2015PTC100788 and the company number is 100788 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Fastening Solutions Private Limited is https://www.acefastening.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Fastening Solutions Private Limited has risen by 63.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Fastening Solutions Private Limited has experienced an downturn of -4.73%.

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