Ace Pipeline Contracts Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 5.99 Cr
as on 05-07-2024
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 417.39 Cr
as on 05-07-2024
- Satisfied Charges ₹ 142.87 Cr
as on 05-07-2024
- Revenue 23.80%
(FY 2023)
- Profit 14.25%
(FY 2023)
- Ebitda 22.69%
(FY 2023)
- Net Worth 43.02%
(FY 2023)
- Total Assets 61.35%
(FY 2023)
About Ace Pipeline Contracts
The Corporate was formerly known as Mideast Construction Private Limited. The Company is engaged in the Infrastructure And Utilities 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 12.00 Cr and a paid-up capital of Rs 5.99 Cr.
The company currently has active open charges totaling ₹417.39 Cr. The company has closed loans amounting to ₹142.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tarun Singh, Ravneet Singh, Gurmeet Singh, and One other member serve as directors at the Company.
- CIN/LLPIN
U45200MH1989PTC051308
- Company No.
051308
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Apr 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ace Pipeline Contracts?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anoop Singh  | Managing Director | 07-Apr-1989 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tarun Singh | Director | 01-Apr-2015 | Current |
| Ravneet Singh | Director | 01-Apr-2015 | Current |
| Gurmeet Singh | Director | 07-Apr-1989 | Current |
Financial Performance and Corporate Structure Insights of Ace Pipeline Contracts.
Ace Pipeline Contracts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.8% increase. The company also saw a substantial improvement in profitability, with a 14.25% increase in profit. The company's net worth Soared by an impressive increase of 43.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ace Pipeline Contracts?
In 2023, Ace Pipeline Contracts had a promoter holding of 90.55% and a public holding of 9.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ace Energy Infrastructure Private Limited
Active 17 years 8 monthsTarun Singh, Ravneet Singh and 1 more are mutual person
Quartz Warehousing Solutions Llp
Active 3 years 1 monthTarun Singh and Ravneet Singh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 22 Nov 2023 | ₹1.24 Cr | Open |
Others Creation Date: 30 Oct 2023 | ₹2.10 Cr | Open |
Axis Bank Limited Creation Date: 18 Sep 2023 | ₹4.75 Cr | Open |
How Many Employees Work at Ace Pipeline Contracts?
Ace Pipeline Contracts has a workforce of 483 employees as of Apr 07, 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 Pipeline Contracts, 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 Pipeline Contracts'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.
