Ace Merchandisers Private Limited

Provides construction services and trades, exports, and distributes various products and goods.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ace Merchandisers Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 30 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.75 Cr
  • Satisfied Charges ₹ 10.40 Cr
  • Revenue Growth -12.17%
  • Profit Growth -55.74%
  • Ebitda -49.24%
  • Net Worth 4.64%
  • Total Assets -2.08%

About Ace Merchandisers

Ace Merchandisers Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 March 1995 and has a history of 30 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Trading Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹13.75 Cr. The company has closed loans amounting to ₹10.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Garg and Ajay Garg serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1995PTC086506

  • Company No.

    086506

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Trading

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

Board Members (2)

NameDesignationAppointment DateStatus
Harsh Garg Country flag representing In Director 06-Jul-1999Current
Ajay Garg Country flag representing In Director 06-Jul-1999Current

Financial Performance of Ace Merchandisers.

Ace Merchandisers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 12.17% decrease. The company also saw a substantial fall in profitability, with a 55.74% decrease in profit. The company's net worth moved up by a moderate rise of 4.64%.

Ace Merchandisers revenue growth over time
Ace Merchandisers 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
-12.17%
Revenue from Operations
-12.41%
Total Assets
-2.08%
Profit or Loss
-55.74%
Net Worth
4.64%
EBITDA
-49.24%

What is the Ownership and Shareholding Structure of Ace Merchandisers?

In 2021, Ace Merchandisers 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

₹137.50 M

Satisfied Charges

₹104.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr
  • Punjab National Bank : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2012Others₹12.00 CrOpen
21 Apr 2011Punjab National Bank₹1.75 CrOpen
21 Apr 2011Punjab National Bank₹1.75 CrSatisfied
27 Jan 2006Punjab National Bank₹8.65 CrSatisfied

How Many Employees Work at Ace Merchandisers?

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

Employee growth trends for Ace Merchandisers Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Ace Merchandisers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ace Merchandisers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 120.00 M registered on 06 Feb 2012 with Charge ID 10342979 was modified on 23 Oct 2017.

  • Charges

    A charge registered on 21 Apr 2011 via Charge ID 10290781 with Punjab National Bank was fully satisfied on 23 Oct 2017.

  • Charges

    A charge registered on 27 Jan 2006 via Charge ID 90351555 with Punjab National Bank was fully satisfied on 23 Oct 2017.

  • Charges

    A charge with Others amounted to Rs. 120.00 M with Charge ID 10342979 was registered on 06 Feb 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Ace Merchandisers Private Limited?

    Ace Merchandisers Private Limited was incorporated on 15 Mar 1995.

  • What is authorized share capital and paid-up capital of Ace Merchandisers Private Limited?

    The authorized share capital of Ace Merchandisers Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Ace Merchandisers Private Limited?

    Currently 2 directors are associated with Ace Merchandisers Private Limited.

    • Harsh Rekha Garg
    • Ajay Kumar Garg

  • What is the registered address of Ace Merchandisers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Merchandisers Private Limited is 417 Maker Chambers Vnariman Point India, Mumbai, Maharashtra, 400021.

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

    The corporate identification number (CIN) of Ace Merchandisers Private Limited is U99999MH1995PTC086506 and the company number is 086506 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ace Merchandisers Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Ace Merchandisers Private Limited has fallen by -12.17%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Ace Merchandisers Private Limited has experienced an upsurge of 4.64%.

  • What are the total open charges for Ace Merchandisers Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Ace Merchandisers Private Limited amount to ₹ 13.75 Cr.

  • When was the last Balance Sheet of Ace Merchandisers Private Limited filed with the ROC?

    The most recent Balance Sheet for Ace Merchandisers Private Limited was filed with the ROC on 31 Mar 2024.

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