Ace Software Exports Limited

Provides software and services for document management, digital publishing, and data conversion in India.

1994 | Rajkot, Gujarat (India) | Active
Last Updated:

Ace Software Exports Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.60 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -2.99%
  • Profit Growth 117.07%
  • Ebitda 99.63%
  • Net Worth 1.43%
  • Total Assets 1.02%

About Ace Software Exports

Ace Software Exports Limited (ASEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 August 1994 and has a history of 30 years and seven months. Its registered office is in Rajkot, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531525.

The Company is engaged in the Information Technology 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 15.00 Cr and a paid-up capital of Rs 9.60 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ace Software Exports Limited India are Mansi Patel as Company Secretary, Amit Mehta as Ceo, and Jyotin Vasavad as Cfo. Sanjay Dhamsania, Dharmesh Dadhania, Divyeshkumar Aghera, and Five other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200GJ1994PLC022781

  • Company No.

    022781

  • Stock Symbol

    BSE : 531525

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology
Company report

Ace Software Exports Limited

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

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

Executive Team (3)

NameDesignationAppointment DateStatus
Mansi Patel Country flag representing In Company Secretary14-Aug-2019Current
Amit Mehta CEO30-Aug-2024Current
Jyotin Vasavad Country flag representing In CFO02-Jun-2014Current

Board Members (7)

NameDesignationAppointment DateStatus
Vikram Sanghani Country flag representing In Whole-Time Director 29-Mar-2005Current
Rahul Kalaria Country flag representing In Whole-Time Director 30-May-2024Current
Divyeshkumar Aghera Country flag representing In Director 01-Aug-2024Current
Sanjay Dhamsania Country flag representing In Whole-Time Director 15-Oct-2007Current
Dharmesh Dadhania Director 09-Aug-2024Current
Sanjiv Punjani Country flag representing In Director 01-Aug-2024Current

Financial Performance of Ace Software Exports.

Ace Software Exports Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.99% decrease. The company also saw a substantial improvement in profitability, with a 117.07% increase in profit. The company's net worth moved up by a moderate rise of 1.43%.

Ace Software Exports revenue growth over time
Ace Software Exports 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
-2.99%
Revenue from Operations
1.64%
Total Assets
1.02%
Profit or Loss
117.07%
Net Worth
1.43%
EBITDA
99.63%

What is the Ownership and Shareholding Structure of Ace Software Exports?

In 2023, Ace Software Exports had a promoter holding of 68.08% and a public holding of 31.92%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2024Others₹5.00 CrOpen
27 May 2005State Bank Of India₹5.00 MSatisfied

How Many Employees Work at Ace Software Exports?

Ace Software Exports has a workforce of 39 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.

Employee growth trends for Ace Software Exports Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Amit Mansukhlal Mehta was appointed as a Ceo was appointed as a Ceo on 30 Aug 2024 & has been associated with this company since 7 months 15 days .

  • Director Appointment

    Dharmesh Chandulal Dadhania was appointed as a Director was appointed as a Director on 09 Aug 2024 & has been associated with this company since 8 months 5 days .

  • Director Appointment

    Divyeshkumar Babulal Aghera was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 8 months 13 days .

  • Director Appointment

    Sanjiv Pravinchandra Punjani was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 8 months 13 days .

  • Director Appointment

    Malini Mitesh Shah was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 8 months 13 days .

Frequently asked questions

  • What is the Incorporation or founding date of Ace Software Exports Limited?

    Ace Software Exports Limited was incorporated on 17 Aug 1994.

  • What is authorized share capital and paid-up capital of Ace Software Exports Limited?

    The authorized share capital of Ace Software Exports Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.60 Cr.

  • Who are the current board members & directors of Ace Software Exports Limited?

    Currently 11 directors are associated with Ace Software Exports Limited.

    • Sanjay Harilal Dhamsania
    • Mansi Patel
    • Amit Mansukhlal Mehta
    • Jyotin Bhadrakant Vasavad
    • Dharmesh Chandulal Dadhania
    • Divyeshkumar Babulal Aghera
    • Amit Mansukhlal Mehta
    • Rahul Jayantibhai Kalaria
    • Sanjiv Pravinchandra Punjani
    • Vikram Bhupat Sanghani
    • Malini Mitesh Shah

  • What is the registered address of Ace Software Exports Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Software Exports Limited is 801 Everest Commercial Complexopp:Shastri Maidan India, Rajkot, Gujarat, 360001.

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

    The corporate identification number (CIN) of Ace Software Exports Limited is L72200GJ1994PLC022781 and the company number is 022781 as per Ministry of Corporate Affairs (MCA).

  • Is Ace Software Exports Limited registered with any stock exchange in India?

    Yes, Ace Software Exports Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Ace Software Exports Limited?

    The Official website of Ace Software Exports Limited is https://www.acesoftex.com

  • What has been the recent revenue trend for Ace Software Exports Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ace Software Exports Limited has fallen by -2.99%.

  • How many employees does Ace Software Exports Limited currently have?

    As Per 2023 financial reports, 39 employees are currently employed by Ace Software Exports Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Ace Software Exports Limited has experienced an upsurge of 1.43%.

  • What are the total open charges for Ace Software Exports Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ace Software Exports Limited amount to ₹ 5.00 Cr.

  • When was the last Balance Sheet of Ace Software Exports Limited filed with the ROC?

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

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