Ace Renewtech Engineering Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 31-10-2024
- Paid Up Capital ₹ 4.65 M
as on 31-10-2024
- Company Age 3 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 M
as on 31-10-2024
- Revenue 45.98%
(FY 2023)
- Profit 101.29%
(FY 2023)
- Ebitda 120.42%
(FY 2023)
- Net Worth 102.92%
(FY 2023)
- Total Assets -31.17%
(FY 2023)
About Ace Renewtech Engineering
The Company is engaged in the Energy And Power 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 4.65 M.
The company currently has active open charges totaling ₹4.00 M.
Pramasivam Kumar and Subramanian Karthikeyan serve as directors at the Company.
- CIN/LLPIN
U74999TN2021PTC141431
- Company No.
141431
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 2021
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Ace Renewtech Engineering?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subramanian Karthikeyan  | Director | 17-Feb-2021 | Current |
| Pramasivam Kumar | Director | 17-Feb-2021 | Current |
Financial Performance of Ace Renewtech Engineering.
Ace Renewtech Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.98% increase. The company also saw a substantial improvement in profitability, with a 101.29% increase in profit. The company's net worth Soared by an impressive increase of 102.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Renewtech Engineering?
In 2021, Ace Renewtech Engineering had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ace Renewtech Green Energie Private LimitedActive 1 year 2 monthsPramasivam Kumar and Subramanian Karthikeyan are mutual person
- Acelion Energy Storage Solution Private LimitedActive 3 years 11 months
Pramasivam Kumar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 23 May 2021 | ₹4.00 M | Open |
How Many Employees Work at Ace Renewtech Engineering?
Ace Renewtech Engineering has a workforce of 34 employees as of Apr 04, 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 Renewtech Engineering, 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 Renewtech Engineering'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.
