Ace Finlease Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
as on 15-06-2024
- Paid Up Capital ₹ 3.00 Cr
as on 15-06-2024
- Company Age 28 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
as on 15-06-2024
- Satisfied Charges ₹ 16.00 Cr
as on 15-06-2024
- Revenue -12.29%
(FY 2023)
- Profit -73.29%
(FY 2023)
- Ebitda 26.32%
(FY 2023)
- Net Worth 0.03%
(FY 2023)
- Total Assets 1.14%
(FY 2023)
About Ace Finlease
The Corporate was formerly known as Yemkey Finance & Leasing Pvt Ltd. The Company is engaged in the Financial Services 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 3.25 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹16.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Archana Kamath, Sadanand Kamath, Nityanand Kamath, and One other member serve as directors at the Company.
- CIN/LLPIN
U65910KL1996PTC010644
- Company No.
010644
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Aug 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Calicut, Kerala, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ace Finlease?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnanand Kamath  | Managing Director | 24-Aug-1999 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nityanand Kamath | Director | 24-Aug-1999 | Current |
| Archana Kamath | Director | 20-Dec-1999 | Current |
| Sadanand Kamath | Director | 20-Oct-1999 | Current |
Financial Performance and Corporate Structure Insights of Ace Finlease.
Ace Finlease Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.29% decrease. The company also saw a substantial fall in profitability, with a 73.29% decrease in profit. The company's net worth moved up by a moderate rise of 0.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Finlease?
In 2023, Ace Finlease had a promoter holding of 0.66% and a public holding of 99.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ace Transworld Engineering Private LimtedActive 18 years 5 monthsSadanand Kamath, Nityanand Kamath and 1 more are mutual person
- Ace Structures Private LimitedActive 23 years 5 months
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
- Ace Automobiles Private LimitedActive 28 years 5 months
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
- Ace Motors Private LimitedActive 29 years 3 months
Sadanand Kamath, Nityanand Kamath and 1 more are mutual person
Kamfin Leasing And Finance LtdActive 31 years 2 monthsArchana Kamath, Sadanand Kamath and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 17 Sep 2004 | ₹5.00 Cr | Open |
Dhanlaxmi Bank Limited Creation Date: 26 Jun 2013 | ₹15.00 Cr | Satisfied |
Uco Bank Creation Date: 12 Dec 2001 | ₹1.00 Cr | Satisfied |
How Many Employees Work at Ace Finlease?
Ace Finlease has a workforce of 6 employees as of Apr 07, 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 Finlease, 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 Finlease'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.
