Ace Multi Axes Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.70 M
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 112.55 Cr
- Satisfied Charges ₹ 19.99 Cr
- Revenue Growth 13.01%
- Profit Growth 61.66%
- Ebitda 45.47%
- Net Worth 37.32%
- Total Assets 21.45%
About Ace Multi Axes Systems
Ace Multi Axes Systems Limited (AMASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 August 1995 and has a history of 29 years and five months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Engineering 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 2.00 Cr and a paid-up capital of Rs 2.70 M.
The company currently has active open charges totaling ₹112.55 Cr. The company has closed loans amounting to ₹19.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thiruvengadam Parthasarathi, Shrinivas Govindrao, Benedict Machado, and Four other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1995PLC018544
- Company No.
018544
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Aug 1995
- Date of AGM
19 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Ace Multi Axes Systems Limited offer?
Ace Multi Axes Systems Limited offers a wide range of products and services, including Drilling & Boring Equipment, Tapping Machine, Milling & Grinding Tools, Milling Machines, Dentist Tools, Equipment & Supplies, Dental Equipment.
Who are the key members and board of directors at Ace Multi Axes Systems?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghavendra Badkilaya  | Director | 16-Aug-1995 | Current |
| Prashanth Ramesh | Whole-Time Director | 01-Feb-2020 | Current |
| Kaleginanaoor Sharma | Director | 19-Feb-2022 | Current |
| Thiruvengadam Parthasarathi | Director | 19-Feb-2022 | Current |
| Shrinivas Govindrao | Director | 16-Aug-1995 | Current |
| Benedict Machado | Director | 16-Aug-1995 | Current |
Financial Performance of Ace Multi Axes Systems.
Ace Multi Axes Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.01% increase. The company also saw a substantial improvement in profitability, with a 61.66% increase in profit. The company's net worth Soared by an impressive increase of 37.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ace Multi Axes Systems?
In 2023, Ace Multi Axes Systems had a promoter holding of 61.75% and a public holding of 38.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Micromatic Grinding Technologies Private LimitedKaleginanaoor Sharma is a mutual person
Indian Machine Tool Manufacturers AssociationShrinivas Govindrao is a mutual person
Fine Organic Industries LimitedThiruvengadam Parthasarathi is a mutual person
- Auto Cnc Machining Limited
Shrinivas Govindrao and Benedict Machado are mutual person
- Ace Designers Limited
Shrinivas Govindrao and Benedict Machado are mutual person
Charges (Loans)
₹112.55 Cr
₹19.99 Cr
Charges Breakdown by Lending Institutions
- Others : 63.50 Cr
- Tata Capital Financial Services Limited : 25.00 Cr
- Canara Bank : 24.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2023 | Others | ₹62.00 Cr | Open |
| 03 Feb 2021 | Others | ₹1.50 Cr | Open |
| 04 Dec 2015 | Tata Capital Financial Services Limited | ₹25.00 Cr | Open |
| 07 Feb 2006 | Canara Bank | ₹24.05 Cr | Open |
| 05 Dec 2018 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Ace Multi Axes Systems?
Ace Multi Axes Systems has a workforce of 298 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Multi Axes Systems, 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 Multi Axes Systems'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.
