Ace Remedies Private Limited

Pharmaceutical trading company offering antidiabetic, cardiovascular, peptic ulcer, antihypertensive, and antiplatelet medicines.

2014 | Pune, Maharashtra (India) | Active
Last Updated: October 23, 2024

Ace Remedies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.08 M
  • Company Age 10 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 7.34%
  • Profit Growth 1075.02%
  • Ebitda -44.97%
  • Net Worth 24.84%
  • Total Assets -17.85%

About Ace Remedies

Ace Remedies Private Limited (ARPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 October 2014 and has a history of Ten years and three months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Pharma 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 1.00 Cr and a paid-up capital of Rs 9.08 M.

The company currently has active open charges totaling ₹1.00 Cr.

Pravin Agarwal and Pawankumar Goyal serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aceremedies.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2014PTC152941

  • Company No.

    152941

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Pharma

What products or services does Ace Remedies Private Limited offer?

Ace Remedies Private Limited offers a wide range of products and services, including Cardiovascular Drugs & Medication, Antianginal Drugs, Anticoagulant and Antiplatelet Drugs, Anti Infective Drugs & Medicines, Antibacterial Drugs, Digestive System Drugs & Medicines, Antacid Drugs, Brain & Nervous System Drugs, Antiepileptic Drugs, Pain Relief Drugs & Pharmaceuticals.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pawankumar Goyal Country flag representing In Managing Director31-Oct-2014Current

Board Members (1)

NameDesignationAppointment DateStatus
Pravin Agarwal Country flag representing In Director 31-Oct-2014Current

Financial Performance of Ace Remedies.

Ace Remedies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.34% increase. The company also saw a substantial improvement in profitability, with a 1075.02% increase in profit. The company's net worth Soared by an impressive increase of 24.84%.

Graph illustrating revenue growth over time
Graph showing 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
7.34%
Revenue from Operations
-23.93%
Total Assets
-17.85%
Profit or Loss
1075.02%
Net Worth
24.84%
EBITDA
-44.97%

What is the Ownership and Shareholding Structure of Ace Remedies?

In 2023, Ace Remedies 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

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jul 2020Others₹1.00 CrOpen

How Many Employees Work at Ace Remedies?

Ace Remedies has a workforce of 3 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Ace Remedies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ace Remedies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100350993 was registered on 08 Jul 2020.

    08 Jul 2020

  • Director Appointment

    Pravin Ishwarchand Agarwal was appointed as a Director was appointed as a Director on 31 Oct 2014 & has been associated with this company since 10 years 3 months .

    31 Oct 2014

  • Director Appointment

    Pawankumar Jagdishchand Goyal was appointed as a Managing Director was appointed as a Managing Director on 31 Oct 2014 & has been associated with this company since 10 years 3 months .

    31 Oct 2014

  • Company Incorporation

    Ace Remedies Private Limited was registered on 31 Oct 2014 with Roc Pune & aged 10 years 3 months as per MCA records.

    31 Oct 2014

Frequently asked questions

  • Ace Remedies Private Limited was incorporated on 31 Oct 2014.

  • The authorized share capital of Ace Remedies Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.08 M.

  • Currently 2 directors are associated with Ace Remedies Private Limited.

    • Pravin Ishwarchand Agarwal
    • Pawankumar Jagdishchand Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Remedies Private Limited is Shop No.213 Second Floor Pride Purple Square At Survey No. 210/2 210/5And 211/2 Plt No.1 0, Wakad India, Pune, Maharashtra, 411057.

  • The corporate identification number (CIN) of Ace Remedies Private Limited is U74999PN2014PTC152941 and the company number is 152941 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Remedies Private Limited is https://www.aceremedies.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Remedies Private Limited has risen by 7.34%.

  • As Per 2023 financial reports, 3 employees are currently employed by Ace Remedies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Remedies Private Limited has experienced an upsurge of 24.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Remedies Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Ace Remedies Private Limited was filed with the ROC on 31 Mar 2023.