Ace Global Aircon Services Limited

Provides air conditioning and refrigeration services as an authorized dealer for top brands.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 10, 2025

Ace Global Aircon Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.55 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.55 Cr
  • Revenue Growth 9.83%
  • Profit Growth 2.85%
  • Ebitda -15.19%
  • Net Worth 9.37%
  • Total Assets 36.70%

About Ace Global Aircon Services

Ace Global Aircon Services Limited (AGASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 November 2005 and has a history of 19 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.55 M.

The company currently has active open charges totaling ₹1.55 Cr.

Ajay Ubale, Mohammed Bhaji, Amin Sirguroh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH2005PLC157772

  • Company No.

    157772

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Ace Global Aircon Services?

Board Members (7)

Name Designation Appointment Date Status
Ajay Ubale Country flag representing In Director 24-Nov-2005 Current
Mohammed Bhaji Country flag representing In Director 24-Nov-2005 Current
Amin Sirguroh Country flag representing In Director 24-Nov-2005 Current
Sandeep Ubale Country flag representing In Director 24-Nov-2005 Current
Jacqueline Ubale Country flag representing In Additional Director 22-Oct-2020 Current
Ekta Ubale Country flag representing In Director 16-Feb-2023 Current

Financial Performance of Ace Global Aircon Services.

Ace Global Aircon Services Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.83% increase. The company also saw a slight improvement in profitability, with a 2.85% increase in profit. The company's net worth moved up by a moderate rise of 9.37%.

Graph illustrating revenue growth over time
Graph showing 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
9.83%
Revenue from Operations
8.97%
Total Assets
36.70%
Profit or Loss
2.85%
Net Worth
9.37%
EBITDA
-15.19%

What is the Ownership and Shareholding Structure of Ace Global Aircon Services?

In 2023, Ace Global Aircon Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.55 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.55 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2018 Others ₹1.55 Cr Open

How Many Employees Work at Ace Global Aircon Services?

Ace Global Aircon Services has a workforce of 195 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Global Aircon Services, 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 Global Aircon Services'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 Global Aircon Services

Recent activity within the organization

  • Annual General Meeting

    Ace Global Aircon Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ace Global Aircon Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ekta Ubale was appointed as a Director was appointed as a Director on 16 Feb 2023 & has been associated with this company since 1 year 11 months .

    16 Feb 2023

  • Director Appointment

    Isha Ubale was appointed as a Director was appointed as a Director on 16 Feb 2023 & has been associated with this company since 1 year 11 months .

    16 Feb 2023

  • Director Appointment

    Jacqueline Ajay Ubale was appointed as a Additional Director was appointed as a Additional Director on 22 Oct 2020 & has been associated with this company since 4 years 3 months .

    22 Oct 2020

  • Charges

    A charge with Others of Rs. 1.55 Cr registered on 26 Feb 2018 with Charge ID 100158550 was modified on 29 Sep 2020.

    29 Sep 2020

Frequently asked questions

  • Ace Global Aircon Services Limited was incorporated on 24 Nov 2005.

  • The authorized share capital of Ace Global Aircon Services Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.55 M.

  • Currently 7 directors are associated with Ace Global Aircon Services Limited.

    • Ajay Gulab Ubale
    • Mohammed Sadique Mehmood Bhaji
    • Amin Ibrahim Sirguroh
    • Sandeep Gulab Ubale
    • Jacqueline Ajay Ubale
    • Ekta Ubale
    • Isha Ubale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Global Aircon Services Limited is Office No.4B 41 4Th Floor Phoenix Paragaon Plaza Lbs Marg, Kurla W) India, Mumbai, Maharashtra, 400070.

  • The corporate identification number (CIN) of Ace Global Aircon Services Limited is U45200MH2005PLC157772 and the company number is 157772 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Global Aircon Services Limited is https://www.aceglobal.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Global Aircon Services Limited has risen by 9.83%.

  • As Per 2023 financial reports, 195 employees are currently employed by Ace Global Aircon Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Global Aircon Services Limited has experienced an upsurge of 9.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Global Aircon Services Limited amount to ₹ 1.55 Cr.

  • The most recent Balance Sheet for Ace Global Aircon Services Limited was filed with the ROC on 31 Mar 2024.

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