Ace Plastics Private Limited

Provides rental/leasing services for buildings and manufactures/sells plastic articles and materials.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ace Plastics Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 54 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.77 M
  • Revenue Growth -0.71%
  • Profit Growth -20.03%
  • Ebitda -64.20%
  • Net Worth -11.78%
  • Total Assets -3.41%

About Ace Plastics

Ace Plastics Private Limited (APPL) was founded in India on 25 January 1971 and has a glorious history of 54 years and three months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹5.77 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Niranjan Naik, Anjali Piramal, Nandini Naik, and Two other members 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

    U25200MH1971PTC014980

  • Company No.

    014980

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Manufacturing
Company report

Ace Plastics Private Limited

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

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

Board Members (5)

NameDesignationAppointment DateStatus
Niranjan Naik Country flag representing In Whole-Time Director 18-Jul-1977Current
Anjali Piramal Country flag representing In Director 07-Jan-2009Current
Nandini Naik Country flag representing In Director 12-Sep-2023Current
Avinash Naik Country flag representing In Whole-Time Director 18-Apr-1995Current
Nita Naik Country flag representing In Whole-Time Director 22-Sep-1986Current

Financial Performance of Ace Plastics.

Ace Plastics Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.71% decrease. The company also saw a substantial fall in profitability, with a 20.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.78%.

Ace Plastics revenue growth over time
Ace Plastics 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
-0.71%
Revenue from Operations
0.56%
Total Assets
-3.41%
Profit or Loss
-20.03%
Net Worth
-11.78%
EBITDA
-64.20%

What is the Ownership and Shareholding Structure of Ace Plastics?

In 2019, Ace Plastics 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

₹0

Satisfied Charges

₹5.77 M

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Operative Bank Ltd. : 0.50 Cr
  • Kotak Mahindra Prime Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2014Kotak Mahindra Prime Limited₹0.77 MSatisfied
31 Dec 2007The Saraswat Co-Operative Bank Ltd.₹5.00 MSatisfied

How Many Employees Work at Ace Plastics?

Ace Plastics has a workforce of 4 employees as of Mar 30, 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 Plastics Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Nandini Avinash Naik was appointed as a Director was appointed as a Director on 12 Sep 2023 & has been associated with this company since 1 year 7 months .

  • Charges

    A charge registered on 26 Apr 2014 via Charge ID 10502892 with Kotak Mahindra Prime Limited was fully satisfied on 29 Jan 2018.

  • Charges

    A charge with Kotak Mahindra Prime Limited amounted to Rs. 0.77 M with Charge ID 10502892 was registered on 26 Apr 2014.

  • Director Appointment

    Anjali Nandan Piramal was appointed as a Director was appointed as a Director on 07 Jan 2009 & has been associated with this company since 16 years 4 months .

Frequently asked questions

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

    Ace Plastics Private Limited was incorporated on 25 Jan 1971.

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

    The authorized share capital of Ace Plastics Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

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

    Currently 5 directors are associated with Ace Plastics Private Limited.

    • Niranjan Vasantrao Naik
    • Anjali Nandan Piramal
    • Nandini Avinash Naik
    • Avinash Vasantrao Naik
    • Nita Avinash Naik
  • What is the registered address of Ace Plastics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Plastics Private Limited is 13/16 Floor- Ground Nirman Kendra Compound Dr. E. Moses Road Famous Studio Lane, Mahalaxmi India, Mumbai, Maharashtra, 400011.

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

    The corporate identification number (CIN) of Ace Plastics Private Limited is U25200MH1971PTC014980 and the company number is 014980 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Ace Plastics Private Limited has fallen by -0.71%.

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

    As Per 2022 financial reports, 4 employees are currently employed by Ace Plastics Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Ace Plastics Private Limited has experienced an downturn of -11.78%.

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

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

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