Ace Forge Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.46 M
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.07 M
- Revenue Growth -22.92%
- Profit Growth -103.45%
- Ebitda -105.45%
- Net Worth -0.57%
- Total Assets -11.03%
About Ace Forge
Ace Forge Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1996 and has a history of 28 years and seven months. Its registered office is in Bangaluru, Karnataka, 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 Cr and a paid-up capital of Rs 8.46 M.
The company currently has active open charges totaling ₹7.07 M.
Madhavi Arun and Arun Ballakur serve as directors at the Company.
Company Details
-
Location
Bangaluru, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U28910KA1996PTC020722
-
Company No.
020722
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
01 Jul 1996
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Ace Forge?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhavi Arun
|
Director | 04-Jan-2016 | Current |
|
Arun Ballakur
|
Director | 31-Mar-2003 | Current |
Financial Performance of Ace Forge.
Ace Forge Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.92% decrease. The company also saw a substantial fall in profitability, with a 103.45% decrease in profit. The company's net worth dipped by a decrease of 0.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Ace Forge?
In 2023, Ace Forge had a promoter holding of 90.53% and a public holding of 9.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Tamil Nadu Heat Treatment & Fettling Services Private LimitedArun Ballakur is a mutual person
-
Tahafet Fiber Exports Private LimitedMadhavi Arun and Arun Ballakur are mutual person
Charges (Loans)
₹0.71 Cr
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 0.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 1997 | Bank Of India | ₹7.07 M | Open |
How Many Employees Work at Ace Forge?
Ace Forge has a workforce of 35 employees as of Apr 08, 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 Forge, 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 Forge'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.
