Ace Forge Private Limited logo

Ace Forge Private Limited

Supplier of cold forged products for automotive, aerospace, locomotive, and industrial sectors.
1996 | Bangaluru, Karnataka (India) | Active

Last Updated:

November 16, 2024
HomeCompanyAce Forge Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Madhavi Arun In Director 04-Jan-2016Current
Arun Ballakur In Director 31-Mar-2003Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-22.92%
Revenue from Operations
-23.09%
Total Assets
-11.03%
Profit or Loss
-103.45%
Net Worth
-0.57%
EBITDA
-105.45%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.71 Cr

LenderAmountStatus

Bank Of India

Creation Date: 11 Mar 1997
₹7.07 MOpen

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.

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Latest Updates, News, and FAQs on Ace Forge

Recent activity within the organization

  • Annual General Meeting

    Ace Forge 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 Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Madhavi Arun was appointed as a Director was appointed as a Director on 04 Jan 2016 & has been associated with this company since 8 years 11 months .

    04 Jan 2016

  • Charges

    A charge with Bank Of India of Rs. 0.71 Cr registered on 11 Mar 1997 with Charge ID 80015781 was modified on 26 Sep 2006.

    26 Sep 2006

  • Director Appointment

    Arun Ballakur was appointed as a Director was appointed as a Director on 31 Mar 2003 & has been associated with this company since 21 years 8 months .

    31 Mar 2003

  • Charges

    A charge with Bank Of India amounted to Rs. 0.71 Cr with Charge ID 80015781 was registered on 11 Mar 1997.

    11 Mar 1997

Frequently asked questions

  • Ace Forge Private Limited was incorporated on 01 Jul 1996.

  • The authorized share capital of Ace Forge Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.46 M.

  • Currently 2 directors are associated with Ace Forge Private Limited.

    • Madhavi Arun
    • Arun Ballakur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Forge Private Limited is No.131 Ground Floor 2Nd Cross 19Th Main 6Th Block, Koramangala India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Ace Forge Private Limited is U28910KA1996PTC020722 and the company number is 020722 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Forge Private Limited is https://www.aceforge.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Forge Private Limited has fallen by -22.92%.

  • As Per 2023 financial reports, 35 employees are currently employed by Ace Forge Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Forge Private Limited has experienced an downturn of -0.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Forge Private Limited amount to ₹ 7.07 M.

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

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