Ace Gas Conversions Private Limited

Provides CNG conversion kits and trades motor vehicle parts and accessories.

2001 | Thane, Maharashtra (India) | Active
Last Updated:

Ace Gas Conversions Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.61 Cr
  • Company Age 23 Year, 7 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 seven 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

    acegasconversions.com

  • 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

Automotive

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

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Mathur Country flag representing In Director 22-Jun-2022Current
Amitkumar Shah Country flag representing In Director 09-Jul-2001Current
Vardhaman Shah Country flag representing In Director 15-Sep-2022Current

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%.

Ace Gas Conversions revenue growth over time
Ace Gas Conversions 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
19.87%
Revenue from Operations
20.94%
Total Assets
9.45%
Profit or Loss
-87.15%
Net Worth
4.31%
EBITDA
3.46%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.94 Cr

Satisfied Charges

₹3.49 Cr

Charges Breakdown by Lending Institutions

  • Others : 48.44 Cr
  • Janata Sahakari Bank Ltd Pune : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2024Others₹1.50 CrOpen
24 May 2024Others₹15.00 CrOpen
30 Apr 2024Others₹2.90 MOpen
26 Oct 2023Others₹15.00 CrOpen
20 Sep 2023Others₹3.00 CrOpen

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.

Employee growth trends for Ace Gas Conversions Private Limited

Deals i

Graph showing company valuation over time

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

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 Gas Conversions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100937232 was registered on 24 May 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100937252 was registered on 24 May 2024.

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100916694 was registered on 30 Apr 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100803128 was registered on 26 Oct 2023.

  • Annual General Meeting

    Ace Gas Conversions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100794818 was registered on 20 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ace Gas Conversions Private Limited?

    Ace Gas Conversions Private Limited was incorporated on 09 Jul 2001.

  • What is authorized share capital and paid-up capital of Ace Gas Conversions Private Limited?

    The authorized share capital of Ace Gas Conversions Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.61 Cr.

  • Who are the current board members & directors of Ace Gas Conversions Private Limited?

    Currently 3 directors are associated with Ace Gas Conversions Private Limited.

    • Sunil Mathur
    • Amitkumar Lalitchandra Shah
    • Vardhaman Amitkumar Shah

  • What is the registered address of Ace Gas Conversions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Gas Conversions Private Limited is E/13 Krishna Complex Harihar Compound, Dapoda India, Bhiwandi, Maharashtra, 421302.

  • What is the corporate identification number (CIN) and company number of Ace Gas Conversions Private Limited?

    The corporate identification number (CIN) of Ace Gas Conversions Private Limited is U50200MH2001PTC132654 and the company number is 132654 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ace Gas Conversions Private Limited?

    The Official website of Ace Gas Conversions Private Limited is https://www.acegasconversions.com

  • What has been the recent revenue trend for Ace Gas Conversions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ace Gas Conversions Private Limited has risen by 19.87%.

  • What change has been observed in the net worth of Ace Gas Conversions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ace Gas Conversions Private Limited has experienced an upsurge of 4.31%.

  • What are the total open charges for Ace Gas Conversions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ace Gas Conversions Private Limited amount to ₹ 52.94 Cr.

  • When was the last Balance Sheet of Ace Gas Conversions Private Limited filed with the ROC?

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

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