Ace Kudale Corporation Limited

Auto dealership for MSIL and SMIL vehicles in Maharashtra.

2007 | Pune, Maharashtra (India) | Active
Last Updated: July 16, 2024

Ace Kudale Corporation Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 16.87 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 107.75 Cr
  • Satisfied Charges ₹ 63.81 Cr
  • Revenue Growth -16.14%
  • Profit Growth -9.58%
  • Ebitda 43.64%
  • Net Worth 68.89%
  • Total Assets 21.16%

About Ace Kudale Corporation

Ace Kudale Corporation Limited (AKCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 December 2007 and has a history of 17 years and one month. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Ace Kudale Car Private Limited. The Company is engaged in the Automotive 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 22.00 Cr and a paid-up capital of Rs 16.87 Cr.

The company currently has active open charges totaling ₹107.75 Cr. The company has closed loans amounting to ₹63.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Kudale, Preeti Kudale, Siddharth Savant, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34103PN2007PLC131095

  • Company No.

    131095

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Ace Kudale Corporation Limited offer?

Ace Kudale Corporation Limited offers a wide range of products and services, including Residential Construction Projects, Colony Construction Services.

Who are the key members and board of directors at Ace Kudale Corporation?

Executive Team (1)

Name Designation Appointment Date Status
Neeraj Kudale Country flag representing In Managing Director 10-Dec-2007 Current

Board Members (4)

Name Designation Appointment Date Status
Deepak Kudale Country flag representing In Director 10-Dec-2007 Current
Preeti Kudale Country flag representing In Director 30-Apr-2022 Current
Siddharth Savant Country flag representing In Director 27-Dec-2023 Current
Prakash Vaidya Country flag representing In Director 27-Dec-2023 Current

Financial Performance of Ace Kudale Corporation.

Ace Kudale Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.14% decrease. The company also saw a slight decrease in profitability, with a 9.58% decrease in profit. The company's net worth Soared by an impressive increase of 68.89%.

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
-16.14%
Revenue from Operations
-15.32%
Total Assets
21.16%
Profit or Loss
-9.58%
Net Worth
68.89%
EBITDA
43.64%

What is the Ownership and Shareholding Structure of Ace Kudale Corporation?

In 2023, Ace Kudale Corporation 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

₹107.75 Cr

Satisfied Charges

₹63.81 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 66.00 Cr
  • The Jalgaon Peoples Co-Op Bank Limited : 12.00 Cr
  • State Bank Of India : 11.50 Cr
  • Others : 9.09 Cr
  • Uco Bank : 5.22 Cr
  • Others : 3.94 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2024 Uco Bank ₹5.22 Cr Open
31 Aug 2023 Others ₹1.75 Cr Open
23 Mar 2023 The Jalgaon Peoples Co-Op Bank Limited ₹12.00 Cr Open
17 Aug 2022 Others ₹8.10 M Open
30 Jun 2022 Others ₹4.60 M Open

How Many Employees Work at Ace Kudale Corporation?

Unlock and access historical data on people associated with Ace Kudale Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Kudale Corporation, 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 Kudale Corporation'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 Kudale Corporation

Recent activity within the organization

  • Charges

    A charge with Uco Bank amounted to Rs. 5.22 Cr with Charge ID 100905077 was registered on 30 Mar 2024.

    30 Mar 2024

  • Director Appointment

    Siddharth Vikas Savant was appointed as a Director was appointed as a Director on 27 Dec 2023 & has been associated with this company since 1 year 1 month .

    27 Dec 2023

  • Director Appointment

    Prakash Chintaman Vaidya was appointed as a Director was appointed as a Director on 27 Dec 2023 & has been associated with this company since 1 year 1 month .

    27 Dec 2023

  • Charges

    A charge with State Bank Of India of Rs. 11.50 Cr registered on 12 Feb 2016 with Charge ID 10624104 was modified on 10 Nov 2023.

    10 Nov 2023

  • Annual General Meeting

    Ace Kudale Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100789993 was registered on 31 Aug 2023.

    31 Aug 2023

Frequently asked questions

  • Ace Kudale Corporation Limited was incorporated on 10 Dec 2007.

  • The authorized share capital of Ace Kudale Corporation Limited is ₹ 22.00 Cr and paid-up capital is ₹ 16.87 Cr.

  • Currently 5 directors are associated with Ace Kudale Corporation Limited.

    • Deepak Laxmanrao Kudale
    • Preeti Neeraj Kudale
    • Siddharth Vikas Savant
    • Neeraj Deepak Kudale
    • Prakash Chintaman Vaidya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Kudale Corporation Limited is 133/D/2 'Vijaya-Laxman' Bldg. Parvati Darshan Soc Nr. Sane Guruji Road Off. Sinhagad Road, Pune, Maharashtra, India, 411030.

  • The corporate identification number (CIN) of Ace Kudale Corporation Limited is U34103PN2007PLC131095 and the company number is 131095 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Kudale Corporation Limited is https://www.acekudalecar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Kudale Corporation Limited has fallen by -16.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Kudale Corporation Limited has experienced an upsurge of 68.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Kudale Corporation Limited amount to ₹ 107.75 Cr.

  • The most recent Balance Sheet for Ace Kudale Corporation Limited was filed with the ROC on 31 Mar 2023.

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