Ace Motors Private Limited

Authorized dealer for two major motorcycle brands, offering sales, service, and genuine parts and accessories.

1995 | Kozhikode, Kerala (India) | Active
Last Updated:

Ace Motors Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 3.52 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.90 Cr
  • Satisfied Charges ₹ 7.11 Cr
  • Revenue Growth 16.77%
  • Profit Growth 231.70%
  • Ebitda -78.40%
  • Net Worth 12.14%
  • Total Assets 29.52%

About Ace Motors

Ace Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 1995 and has a history of 29 years and five months. Its registered office is in Kozhikode, Kerala, India.

The Corporate was formerly known as Ace Motors 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 2024. It's a company limited by shares with an authorized capital of Rs 5.25 Cr and a paid-up capital of Rs 3.52 Cr.

The company currently has active open charges totaling ₹6.90 Cr. The company has closed loans amounting to ₹7.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnanand Kamath, Sadanand Kamath, and Nityanand Kamath serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acegroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102KL1995PTC009405

  • Company No.

    009405

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

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

Executive Team (2)

NameDesignationAppointment DateStatus
Nityanand Kamath Country flag representing In Managing Director13-Sep-1995Current
Krishnanand Kamath Country flag representing In Managing Director13-Sep-1995Current

Board Members (1)

NameDesignationAppointment DateStatus
Sadanand Kamath Country flag representing In Director 13-Sep-1995Current

Financial Performance of Ace Motors.

Ace Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.77% increase. The company also saw a substantial improvement in profitability, with a 231.7% increase in profit. The company's net worth Soared by an impressive increase of 12.14%.

Ace Motors revenue growth over time
Ace Motors 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
16.77%
Revenue from Operations
13.58%
Total Assets
29.52%
Profit or Loss
231.70%
Net Worth
12.14%
EBITDA
-78.40%

What is the Ownership and Shareholding Structure of Ace Motors?

In 2023, Ace Motors 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

₹6.90 Cr

Satisfied Charges

₹7.11 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.90 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2005State Bank Of India₹6.90 CrOpen
16 Sep 2020State Bank Of India₹1.65 CrSatisfied
28 Mar 2008State Bank Of Travancore₹1.00 CrSatisfied
24 Aug 2007State Bank Of Travancore₹1.00 CrSatisfied
12 Jun 2007State Bank Of Travancore₹1.00 CrSatisfied

How Many Employees Work at Ace Motors?

Ace Motors has a workforce of 79 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 Motors Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 16 Sep 2020 via Charge ID 100385091 with State Bank Of India was fully satisfied on 18 Apr 2023.

  • Charges

    A charge with State Bank Of India of Rs. 6.90 Cr registered on 07 Jan 2005 with Charge ID 90023110 was modified on 31 Mar 2023.

  • Charges

    A charge registered on 12 Jun 2007 via Charge ID 10058584 with State Bank Of Travancore was fully satisfied on 18 Nov 2020.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.65 Cr with Charge ID 100385091 was registered on 16 Sep 2020.

Frequently asked questions

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

    Ace Motors Private Limited was incorporated on 13 Sep 1995.

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

    The authorized share capital of Ace Motors Private Limited is ₹ 5.25 Cr and paid-up capital is ₹ 3.52 Cr.

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

    Currently 3 directors are associated with Ace Motors Private Limited.

    • Krishnanand Kamath
    • Sadanand Kamath
    • Nityanand Kamath

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Motors Private Limited is Leela Towersdoor No 19/1970 A Kallai Road India, Calicut, Kerala, 673002.

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

    The corporate identification number (CIN) of Ace Motors Private Limited is U50102KL1995PTC009405 and the company number is 009405 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ace Motors Private Limited?

    The Official website of Ace Motors Private Limited is https://www.acegroup.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Ace Motors Private Limited has risen by 16.77%.

  • How many employees does Ace Motors Private Limited currently have?

    As Per 2023 financial reports, 79 employees are currently employed by Ace Motors Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Ace Motors Private Limited has experienced an upsurge of 12.14%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Ace Motors Private Limited amount to ₹ 6.90 Cr.

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

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

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