Ace Housing And Construction Private Limited

Develops commercial and residential properties since 1996, based in Mumbai.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: June 15, 2024

Ace Housing And Construction Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.91 M
  • Company Age 29 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.42 Cr
  • Satisfied Charges ₹ 389.78 Cr
  • Revenue Growth 2327.80%
  • Profit Growth 283.17%
  • Ebitda 301.81%
  • Net Worth 7.23%
  • Total Assets -17.79%

About Ace Housing And Construction

Ace Housing And Construction Private Limited (AHACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ace Housing And Construction Limited. The Company is engaged in the Real Estate And Construction 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 5.00 M and a paid-up capital of Rs 4.91 M.

The company currently has active open charges totaling ₹12.42 Cr. The company has closed loans amounting to ₹389.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anam Sadiq, Hurmat Merchant, Kalu Kamble, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH1996PTC096396

  • Company No.

    096396

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Ace Housing And Construction?

Board Members (4)

NameDesignationAppointment DateStatus
Anam Sadiq Country flag representing In Director 03-Feb-2017Current
Hurmat Merchant Country flag representing In Director 24-Jun-2015Current
Kalu Kamble Country flag representing In Director 15-May-2007Current
Danishmand Merchant Country flag representing In Whole-Time Director 18-Jan-1996Current

Financial Performance of Ace Housing And Construction.

Ace Housing And Construction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2327.8% increase. The company also saw a substantial improvement in profitability, with a 283.17% increase in profit. The company's net worth moved up by a moderate rise of 7.23%.

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
2327.80%
Revenue from Operations
Total Assets
-17.79%
Profit or Loss
283.17%
Net Worth
7.23%
EBITDA
301.81%

What is the Ownership and Shareholding Structure of Ace Housing And Construction?

In 2023, Ace Housing And Construction had a promoter holding of 96.70% and a public holding of 3.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.20 M

Satisfied Charges

₹3,897.83 M

Charges Breakdown by Lending Institutions

  • Shivshahi Punarvasan Prakalp Ltd : 12.42 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 1999Shivshahi Punarvasan Prakalp Ltd₹12.42 CrOpen
12 Dec 2019Others₹5.00 CrSatisfied
16 May 2018Others₹25.00 CrSatisfied
22 Dec 2017Others₹30.00 CrSatisfied
07 Jul 2015Others₹28.63 CrSatisfied

How Many Employees Work at Ace Housing And Construction?

Ace Housing And Construction has a workforce of 5 employees as of Apr 04, 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 Housing And Construction, 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 Housing And Construction'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 Housing And Construction

Recent activity within the organization

  • Annual General Meeting

    Ace Housing And Construction 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 Housing And Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 12 Dec 2019 via Charge ID 100312748 with Others was fully satisfied on 09 Nov 2022.

    09 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100312748 was registered on 12 Dec 2019.

    12 Dec 2019

  • Charges

    A charge registered on 16 May 2018 via Charge ID 100199412 with Others was fully satisfied on 14 Aug 2019.

    14 Aug 2019

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100154243 with Others was fully satisfied on 13 Mar 2019.

    13 Mar 2019

Frequently asked questions

  • Ace Housing And Construction Private Limited was incorporated on 18 Jan 1996.

  • The authorized share capital of Ace Housing And Construction Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.91 M.

  • Currently 4 directors are associated with Ace Housing And Construction Private Limited.

    • Anam Merchant Sadiq
    • Hurmat Mohamadali Merchant
    • Kalu Shankar Kamble
    • Danishmand Mohamed Ali Merchant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Housing And Construction Private Limited is 1 Rock Dale Streetsebastian Road Bandra West, Mumbai, Maharashtra, India, 400050.

  • The corporate identification number (CIN) of Ace Housing And Construction Private Limited is U45200MH1996PTC096396 and the company number is 096396 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Housing And Construction Private Limited has risen by 2327.80%.

  • As Per 2023 financial reports, 5 employees are currently employed by Ace Housing And Construction Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Housing And Construction Private Limited has experienced an upsurge of 7.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Housing And Construction Private Limited amount to ₹ 12.42 Cr.

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

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