Ace Infracity Developers Profile
Key Indicators
- Authorised Capital ₹ 71.59 Cr
as on 24-06-2024
- Paid Up Capital ₹ 31.69 Cr
as on 24-06-2024
- Company Age 12 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 200.45 Cr
as on 24-06-2024
- Satisfied Charges ₹ 537.54 Cr
as on 24-06-2024
- Revenue -54.30%
(FY 2022)
- Profit -74.95%
(FY 2022)
- Ebitda -273.81%
(FY 2022)
- Net Worth -42.49%
(FY 2022)
- Total Assets 21.98%
(FY 2022)
About Ace Infracity Developers
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 71.59 Cr and a paid-up capital of Rs 31.69 Cr.
The company currently has active open charges totaling ₹200.45 Cr. The company has closed loans amounting to ₹537.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ace Infracity Developers Private Limited India is Garima Arora as COMPANY SECRETARY. Jagdeep Gill, Ajay Kumar, and Pratap Rathi serve as directors at the Company.
- CIN/LLPIN
U70102UP2012PTC052254
- Company No.
052254
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Gautam Buddha Nagar, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Ace Infracity Developers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Kumar  | Managing Director | 29-Aug-2012 | Current |
| Garima Arora | Company Secretary | 24-Jun-2017 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jagdeep Gill | Director | 29-Aug-2012 | Current |
| Pratap Rathi | Director | 30-Jan-2015 | Current |
Financial Performance and Corporate Structure Insights of Ace Infracity Developers.
Ace Infracity Developers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 54.3% decrease. The company also saw a substantial fall in profitability, with a 74.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ace Infracity Developers?
In 2022, Ace Infracity Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Starcity Buildcon Private LimitedActive 15 years 2 monthsJagdeep Gill, Ajay Kumar and 1 more are mutual person
Star Landcraft Private LimitedActive 12 years 20 daysJagdeep Gill, Ajay Kumar and 1 more are mutual person
Saanidhanam Infrastructure Development Private LimitedActive 11 years 4 monthsPratap Rathi is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 08 Aug 2023 | ₹4.50 M | Open |
Others Creation Date: 28 Dec 2020 | ₹200.00 Cr | Open |
Others Creation Date: 30 Nov 2022 | ₹25.00 Cr | Satisfied |
How Many Employees Work at Ace Infracity Developers?
Ace Infracity Developers has a workforce of 220 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Infracity Developers, 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 Infracity Developers'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.
