Ace Software Solutions (India)) Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 51 Year, 8 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.65 Cr
- Satisfied Charges ₹ 0.53 M
- Revenue Growth 30.44%
- Profit Growth 45.70%
- Ebitda -53.53%
- Net Worth 18.94%
- Total Assets 43.93%
About Ace Software Solutions (India))
Ace Software Solutions (India)) Private Limited (ASSIPL) was founded in India on 24 January 1974 and has a glorious history of 51 years . Its registered office is in Mumbai, Maharashtra, India.
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 1.00 Cr and a paid-up capital of Rs 9.60 M.
The company currently has active open charges totaling ₹14.65 Cr. The company has closed loans amounting to ₹0.53 M, as per Ministry of Corporate Affairs (MCA) records.
Parth Desai and Monisha Desai serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U30007MH1974PTC017154
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Company No.
017154
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Jan 1974
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Ace Software Solutions (India))?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parth Desai
|
Director | 17-Aug-2001 | Current |
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Monisha Desai
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Director | 31-Mar-2000 | Current |
Financial Performance of Ace Software Solutions (India)).
Ace Software Solutions (India)) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.44% increase. The company also saw a substantial improvement in profitability, with a 45.7% increase in profit. The company's net worth Soared by an impressive increase of 18.94%.
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What is the Ownership and Shareholding Structure of Ace Software Solutions (India))?
In 2023, Ace Software Solutions (India)) had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Infotech Solutions Private LimitedParth Desai and Monisha Desai are mutual person
Charges (Loans)
₹14.65 Cr
₹0.05 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 14.53 Cr
- Hdfc Bank Limited : 0.09 Cr
- Dena Bank : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2022 | Hdfc Bank Limited | ₹0.88 M | Open |
| 12 Apr 2022 | Bank Of India | ₹2.65 Cr | Open |
| 12 Apr 2022 | Bank Of India | ₹1.35 Cr | Open |
| 22 Mar 2018 | Bank Of India | ₹4.53 Cr | Open |
| 11 Jun 2010 | Bank Of India | ₹6.00 Cr | Open |
How Many Employees Work at Ace Software Solutions (India))?
Unlock and access historical data on people associated with Ace Software Solutions (India)), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Software Solutions (India)), 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 Solutions (India))'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.
