Ace Innovative Engineering Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 06-12-2024
- Paid Up Capital ₹ 0.10 M
as on 06-12-2024
- Company Age 16 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 3.90 Cr
as on 06-12-2024
- Satisfied Charges ₹ 4.12 Cr
as on 06-12-2024
- Revenue -48.90%
(FY 2022)
- Profit -606.77%
(FY 2022)
- Ebitda -51.58%
(FY 2022)
- Net Worth -10.56%
(FY 2022)
- Total Assets -20.17%
(FY 2022)
About Ace Innovative Engineering Services
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹3.90 Cr. The company has closed loans amounting to ₹4.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Renuka Kannan and Venkatraman Kannan serve as directors at the Company.
- CIN/LLPIN
U74200TN2008PTC069697
- Company No.
069697
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Oct 2008
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tiruchirappalli, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ace Innovative Engineering Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Renuka Kannan  | Director | 30-Mar-2009 | Current |
| Venkatraman Kannan | Director | 03-Mar-2016 | Current |
Financial Performance of Ace Innovative Engineering Services.
Ace Innovative Engineering Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.9% decrease. The company also saw a substantial fall in profitability, with a 606.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Innovative Engineering Services?
In 2022, Ace Innovative Engineering 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.
Related Corporates (Common Directorship)
Greenocare Engineering Private LimitedActive 9 years 9 monthsRenuka Kannan and Venkatraman Kannan are mutual person
Charges (Loans)
₹39.00 M
₹41.15 M
Charges Breakdown by Lending Institutions
- Canara Bank : 3.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2018 | Canara Bank | ₹3.90 Cr | Open |
| 27 Apr 2016 | Others | ₹3.10 Cr | Satisfied |
| 14 Jan 2011 | Indian Bank | ₹1.02 Cr | Satisfied |
How Many Employees Work at Ace Innovative Engineering Services?
Unlock and access historical data on people associated with Ace Innovative Engineering Services, 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 Innovative Engineering 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 Innovative Engineering Services'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.
