Ace Latex And Steel Private Limited

Manufactures tires on contract basis since 2010 in Tamil Nadu.

2010 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Ace Latex And Steel Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.66 Cr
  • Revenue Growth -67.47%
  • Profit Growth -1780.41%
  • Ebitda -509.90%
  • Net Worth -273.42%
  • Total Assets -77.36%

About Ace Latex And Steel

Ace Latex And Steel Private Limited (ALASPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 December 2010 and has a history of 14 years and four months. Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Plastics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹1.66 Cr.

Subathra Periakaruppan and Ponnusamy Deivasigamani serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25190TN2010PTC078596

  • Company No.

    078596

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2010

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Plastics
Company report

Ace Latex And Steel Private Limited

Explore comprehensive data for Ace Latex And Steel Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ace Latex And Steel?

Board Members (2)

NameDesignationAppointment DateStatus
Subathra Periakaruppan Country flag representing In Director 28-Dec-2010Current
Ponnusamy Deivasigamani Country flag representing In Director 09-Mar-2017Current

Financial Performance of Ace Latex And Steel.

Ace Latex And Steel Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 67.47% decrease. The company also saw a substantial fall in profitability, with a 1780.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 273.42%.

Ace Latex And Steel revenue growth over time
Ace Latex And Steel 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
-67.47%
Revenue from Operations
-67.49%
Total Assets
-77.36%
Profit or Loss
-1780.41%
Net Worth
-273.42%
EBITDA
-509.90%

What is the Ownership and Shareholding Structure of Ace Latex And Steel?

In 2019, Ace Latex And Steel 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

₹16.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr
  • State Bank Of India : 0.66 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2015Hdfc Bank Limited₹5.00 MOpen
23 Jun 2015Hdfc Bank Limited₹5.00 MOpen
31 Dec 2011State Bank Of India₹6.60 MOpen

How Many Employees Work at Ace Latex And Steel?

Ace Latex And Steel has a workforce of 5 employees as of Apr 08, 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.

Employee growth trends for Ace Latex And Steel Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Latex And Steel, 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 Latex And Steel'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 Latex And Steel

Recent activity within the organization

  • Annual General Meeting

    Ace Latex And Steel Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Ace Latex And Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

  • Director Appointment

    Ponnusamy Deivasigamani was appointed as a Director was appointed as a Director on 09 Mar 2017 & has been associated with this company since 8 years 2 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 10594975 was registered on 26 Aug 2015.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 10599441 was registered on 23 Jun 2015.

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.60 M with Charge ID 10510208 was registered on 31 Dec 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Ace Latex And Steel Private Limited?

    Ace Latex And Steel Private Limited was incorporated on 28 Dec 2010.

  • What is authorized share capital and paid-up capital of Ace Latex And Steel Private Limited?

    The authorized share capital of Ace Latex And Steel Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Ace Latex And Steel Private Limited?

    Currently 2 directors are associated with Ace Latex And Steel Private Limited.

    • Subathra Periakaruppan
    • Ponnusamy Deivasigamani

  • What is the registered address of Ace Latex And Steel Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Latex And Steel Private Limited is No.1 Muthupatti Kanmaikarai Road Vellaripatti Behind Tvs Srichakara Poosaripatti Post, India, Madurai, Tamil Nadu, 625122.

  • What is the corporate identification number (CIN) and company number of Ace Latex And Steel Private Limited?

    The corporate identification number (CIN) of Ace Latex And Steel Private Limited is U25190TN2010PTC078596 and the company number is 078596 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ace Latex And Steel Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Ace Latex And Steel Private Limited has fallen by -67.47%.

  • How many employees does Ace Latex And Steel Private Limited currently have?

    As Per 2019 financial reports, 5 employees are currently employed by Ace Latex And Steel Private Limited.

  • What change has been observed in the net worth of Ace Latex And Steel Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Ace Latex And Steel Private Limited has experienced an downturn of -273.42%.

  • What are the total open charges for Ace Latex And Steel Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Ace Latex And Steel Private Limited amount to ₹ 1.66 Cr.

  • When was the last Balance Sheet of Ace Latex And Steel Private Limited filed with the ROC?

    The most recent Balance Sheet for Ace Latex And Steel Private Limited was filed with the ROC on 31 Mar 2019.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Rubber Products