Ace Software Exports Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 6.40 Cr
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- 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 six 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 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 6.40 Cr.
The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ace Software Exports Limited India are Jyotin Vasavad as CFO and Mansi Patel as Company Secretary. Sanjay Dhamsania, Dharamsibhai Vadalia, Vimal Kalaria, and Three 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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Ace Software Exports?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Sanghani  | Managing Director | 29-Mar-2005 | Current |
| Sanjay Dhamsania | Managing Director | 15-Oct-2007 | Current |
| Jyotin Vasavad | CFO | 02-Jun-2014 | Current |
| Mansi Patel | Company Secretary | 14-Aug-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vimal Kalaria | Director | 25-Aug-2003 | Current |
| Dharamsibhai Vadalia | Director | 25-Sep-2001 | Current |
| Pratikkumar Dadhania | Director | 30-Jan-2010 | Current |
| Dhara Shah | Director | 29-Sep-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Neorajkot FoundationVikram Sanghani is a mutual person
Fairdeal Components LimitedDhara Shah is a mutual person
Nandan Terry LimitedDhara Shah is a mutual person
Ace Infoway Private LimitedSanjay Dhamsania and Vikram Sanghani are mutual person
Qenomy Digital LlpSanjay Dhamsania and Vikram Sanghani are mutual person
- Ace Nature Cure Llp
Sanjay Dhamsania and Vikram Sanghani are mutual person
Charges (Loans)
₹0
₹0.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2005 | State Bank Of India | ₹5.00 M | Satisfied |
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.
Deals i
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
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.
