Ace Innovative Engineering Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 3.90 Cr
- Satisfied Charges ₹ 4.12 Cr
- Revenue Growth -48.90%
- Profit Growth -606.77%
- Ebitda -51.58%
- Net Worth -10.56%
- Total Assets -20.17%
About Ace Innovative Engineering Services
Ace Innovative Engineering Services Private Limited (AIESPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 2008 and has a history of 16 years and four months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.
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.
Company Details
- Location
Tiruchirappalli, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
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
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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 LimitedRenuka Kannan and Venkatraman Kannan are mutual person
Charges (Loans)
Open Charges
₹39.00 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Ace Innovative Engineering Services
Recent activity within the organization
- Annual General Meeting
Ace Innovative Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Charges
A charge with Canara Bank of Rs. 39.00 M registered on 28 Sep 2018 with Charge ID 100232058 was modified on 04 Apr 2022.
- Balance Sheet
Ace Innovative Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
- Charges
A charge registered on 27 Apr 2016 via Charge ID 100027953 with Others was fully satisfied on 05 Jun 2020.
- Charges
A charge with Canara Bank amounted to Rs. 39.00 M with Charge ID 100232058 was registered on 28 Sep 2018.
- Charges
A charge registered on 14 Jan 2011 via Charge ID 10263335 with Indian Bank was fully satisfied on 13 Jun 2018.
Frequently asked questions
What is the Incorporation or founding date of Ace Innovative Engineering Services Private Limited?
Ace Innovative Engineering Services Private Limited was incorporated on 29 Oct 2008.
What is authorized share capital and paid-up capital of Ace Innovative Engineering Services Private Limited?
The authorized share capital of Ace Innovative Engineering Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Ace Innovative Engineering Services Private Limited?
Currently 2 directors are associated with Ace Innovative Engineering Services Private Limited.
- Renuka Kannan
- Venkatraman Kannan
What is the registered address of Ace Innovative Engineering Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ace Innovative Engineering Services Private Limited is B4/19 Industrial Estate Marimalai Nagar, India, Chegalpattu, Tamil Nadu, 620001.
What is the corporate identification number (CIN) and company number of Ace Innovative Engineering Services Private Limited?
The corporate identification number (CIN) of Ace Innovative Engineering Services Private Limited is U74200TN2008PTC069697 and the company number is 069697 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ace Innovative Engineering Services Private Limited?
The Official website of Ace Innovative Engineering Services Private Limited is https://www.aceinnovative.in
What has been the recent revenue trend for Ace Innovative Engineering Services Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ace Innovative Engineering Services Private Limited has fallen by -48.90%.
What change has been observed in the net worth of Ace Innovative Engineering Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ace Innovative Engineering Services Private Limited has experienced an downturn of -10.56%.
What are the total open charges for Ace Innovative Engineering Services Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ace Innovative Engineering Services Private Limited amount to ₹ 3.90 Cr.
When was the last Balance Sheet of Ace Innovative Engineering Services Private Limited filed with the ROC?
The most recent Balance Sheet for Ace Innovative Engineering Services Private Limited was filed with the ROC on 31 Mar 2022.
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