Ace Finepack Private Limited

Provides packaging and coding solutions for various industries since 1998.

1998 | Ernakulam, Kerala (India) | Active
Last Updated: January 27, 2025

Ace Finepack Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 27 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.14 Cr
  • Satisfied Charges ₹ 3.65 Cr
  • Revenue Growth -18.83%
  • Profit Growth -68.42%
  • Ebitda 7.33%
  • Net Worth 1.07%
  • Total Assets 5.47%

About Ace Finepack

Ace Finepack Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 1998 and has a history of 27 years. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Mahavir Fine Pack Systems Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹15.14 Cr. The company has closed loans amounting to ₹3.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayakumar Sivasankaradas, Jayasree Jayakumar, Jithin Jayakumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74950KL1998PTC012052

  • Company No.

    012052

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Machinery and Equipment

What products or services does Ace Finepack Private Limited offer?

Ace Finepack Private Limited offers a wide range of products and services, including Printing Machinery & Equipment, Printing Rollers, Industrial Printer, Strapping & Sealing Machines, Strapping Machines, Strapping Tools, Seal Machines, Printing Inks & Other Supplies, Printer Consumables, Machines & Equipments.

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

Executive Team (1)

Name Designation Appointment Date Status
Jayakumar Sivasankaradas Country flag representing In Managing Director 03-Feb-1998 Current

Board Members (3)

Name Designation Appointment Date Status
Jayasree Jayakumar Country flag representing In Director 03-Feb-1998 Current
Jithin Jayakumar Country flag representing In Director 29-Sep-2012 Current
Jaidev Jayakumar Country flag representing In Director 01-Feb-2018 Current

Financial Performance of Ace Finepack.

Ace Finepack Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.83% decrease. The company also saw a substantial fall in profitability, with a 68.42% decrease in profit. The company's net worth moved up by a moderate rise of 1.07%.

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
-18.83%
Revenue from Operations
-18.85%
Total Assets
5.47%
Profit or Loss
-68.42%
Net Worth
1.07%
EBITDA
7.33%

What is the Ownership and Shareholding Structure of Ace Finepack?

Unlock access to Ace Finepack'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

₹151.38 M

Satisfied Charges

₹36.49 M

Charges Breakdown by Lending Institutions

  • Others : 14.88 Cr
  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
24 Jul 2024 Others ₹6.58 Cr Open
29 Apr 2022 Hdfc Bank Limited ₹2.60 M Open
26 Feb 2019 Others ₹1.21 Cr Open
31 Aug 2015 Others ₹7.08 Cr Open
04 Jan 2010 Indian Bank ₹2.20 M Satisfied

How Many Employees Work at Ace Finepack?

Ace Finepack has a workforce of 11 employees as of Apr 04, 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 Finepack, 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 Finepack'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 Finepack

Recent activity within the organization

  • Annual General Meeting

    Ace Finepack Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 65.83 M with Charge ID 100956588 was registered on 24 Jul 2024.

    24 Jul 2024

  • Balance Sheet

    Ace Finepack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.60 M with Charge ID 100574868 was registered on 29 Apr 2022.

    29 Apr 2022

  • Charges

    A charge with Others of Rs. 70.80 M registered on 31 Aug 2015 with Charge ID 10599994 was modified on 04 Dec 2021.

    04 Dec 2021

  • Charges

    A charge with Others of Rs. 12.14 M registered on 26 Feb 2019 with Charge ID 100245427 was modified on 29 May 2019.

    29 May 2019

Frequently asked questions

  • Ace Finepack Private Limited was incorporated on 03 Feb 1998.

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

  • Currently 4 directors are associated with Ace Finepack Private Limited.

    • Jayakumar Sivasankaradas
    • Jayasree Jayakumar
    • Jithin Das Jayakumar
    • Jaidev Jayakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Finepack Private Limited is Chittoor Roadpulleppady Junction Cochin India, Ernakulam, Kerala, 682035.

  • The corporate identification number (CIN) of Ace Finepack Private Limited is U74950KL1998PTC012052 and the company number is 012052 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Finepack Private Limited is https://www.finepackindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Finepack Private Limited has fallen by -18.83%.

  • As Per 2023 financial reports, 11 employees are currently employed by Ace Finepack Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Finepack Private Limited has experienced an upsurge of 1.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Finepack Private Limited amount to ₹ 15.14 Cr.

  • The most recent Balance Sheet for Ace Finepack Private Limited was filed with the ROC on 31 Mar 2024.

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