Ace Gas Conversions Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.61 Cr
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 52.94 Cr
- Satisfied Charges ₹ 3.49 Cr
- Revenue Growth 19.87%
- Profit Growth -87.15%
- Ebitda 3.46%
- Net Worth 4.31%
- Total Assets 9.45%
About Ace Gas Conversions
Ace Gas Conversions Private Limited (AGCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 July 2001 and has a history of 23 years and six months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Ace Lpg Car Kits Private Limited. The Company is engaged in the Automotive 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 4.00 Cr and a paid-up capital of Rs 3.61 Cr.
The company currently has active open charges totaling ₹52.94 Cr. The company has closed loans amounting to ₹3.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sunil Mathur, Amitkumar Shah, and Vardhaman Shah serve as directors at the Company.
Company Details
-
Location
Thane, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U50200MH2001PTC132654
-
Company No.
132654
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
09 Jul 2001
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Ace Gas Conversions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Mathur
|
Director | 22-Jun-2022 | Current |
|
Amitkumar Shah
|
Director | 09-Jul-2001 | Current |
|
Vardhaman Shah
|
Director | 15-Sep-2022 | Current |
Financial Performance of Ace Gas Conversions.
Ace Gas Conversions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.87% increase. The company also saw a substantial fall in profitability, with a 87.15% decrease in profit. The company's net worth moved up by a moderate rise of 4.31%.
- 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 Gas Conversions?
In 2023, Ace Gas Conversions had a promoter holding of 99.68% and a public holding of 0.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Tomasetto Achille India Private LimitedAmitkumar Shah and Vardhaman Shah are mutual person
-
Light Dynamics Cylinders India Private LimitedAmitkumar Shah is a mutual person
Charges (Loans)
₹52.94 Cr
₹3.49 Cr
Charges Breakdown by Lending Institutions
- Others : 48.44 Cr
- Janata Sahakari Bank Ltd Pune : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2024 | Others | ₹1.50 Cr | Open |
| 24 May 2024 | Others | ₹15.00 Cr | Open |
| 30 Apr 2024 | Others | ₹2.90 M | Open |
| 26 Oct 2023 | Others | ₹15.00 Cr | Open |
| 20 Sep 2023 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Ace Gas Conversions?
Unlock and access historical data on people associated with Ace Gas Conversions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Gas Conversions, 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 Gas Conversions'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.
