

Ace Software Solutions (India)) Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 51 Year, 3 Months
- 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 and three months. 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30007MH1974PTC017154
- Company No.
017154
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Jan 1974
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- 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 |
Monisha Desai ![]() | 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)
- Infotech Solutions Private Limited
Parth 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.
Latest Updates, News, and FAQs on Ace Software Solutions (India))
Recent activity within the organization
- Annual General Meeting
Ace Software Solutions (India)) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Bank Of India of Rs. 6.00 Cr registered on 11 Jun 2010 with Charge ID 10230155 was modified on 29 May 2023.
- Balance Sheet
Ace Software Solutions (India)) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100696352 was registered on 30 Sep 2022.
- Charges
A charge with Bank Of India amounted to Rs. 2.65 Cr with Charge ID 100564085 was registered on 12 Apr 2022.
- Charges
A charge with Bank Of India amounted to Rs. 1.35 Cr with Charge ID 100564087 was registered on 12 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Ace Software Solutions (India)) Private Limited?
Ace Software Solutions (India)) Private Limited was incorporated on 24 Jan 1974.
What is authorized share capital and paid-up capital of Ace Software Solutions (India)) Private Limited?
The authorized share capital of Ace Software Solutions (India)) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.60 M.
Who are the current board members & directors of Ace Software Solutions (India)) Private Limited?
Currently 2 directors are associated with Ace Software Solutions (India)) Private Limited.
- Parth Balvantrai Desai
- Monisha Desai
What is the registered address of Ace Software Solutions (India)) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ace Software Solutions (India)) Private Limited is Unit No 21 Sdf Bldg1 Seepz Andheri (East) India, Mumbai, Maharashtra, 400096.
What is the corporate identification number (CIN) and company number of Ace Software Solutions (India)) Private Limited?
The corporate identification number (CIN) of Ace Software Solutions (India)) Private Limited is U30007MH1974PTC017154 and the company number is 017154 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ace Software Solutions (India)) Private Limited?
The Official website of Ace Software Solutions (India)) Private Limited is https://www.pelican.ai
What has been the recent revenue trend for Ace Software Solutions (India)) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ace Software Solutions (India)) Private Limited has risen by 30.44%.
What change has been observed in the net worth of Ace Software Solutions (India)) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ace Software Solutions (India)) Private Limited has experienced an upsurge of 18.94%.
What are the total open charges for Ace Software Solutions (India)) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ace Software Solutions (India)) Private Limited amount to ₹ 14.65 Cr.
When was the last Balance Sheet of Ace Software Solutions (India)) Private Limited filed with the ROC?
The most recent Balance Sheet for Ace Software Solutions (India)) Private Limited was filed with the ROC on 31 Mar 2023.
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