Ace Textiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 30-06-2024
- Paid Up Capital ₹ 2.00 M
as on 30-06-2024
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.96 Cr
as on 30-06-2024
- Satisfied Charges ₹ 4.00 M
as on 30-06-2024
- Revenue -25.93%
(FY 2020)
- Profit -2845.26%
(FY 2020)
- Ebitda -76.27%
(FY 2020)
- Net Worth -7.28%
(FY 2020)
- Total Assets -32.12%
(FY 2020)
About Ace Textiles
The Company is engaged in the Manufacturing 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 2.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹1.96 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.
Vineet Kapoor, Aakash Kapoor, and Neelam Kapoor serve as directors at the Company.
- CIN/LLPIN
U17110PB2005PTC028981
- Company No.
028981
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Sep 2005
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Amritsar, Punjab, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Ace Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vineet Kapoor  | Managing Director | 31-Mar-2006 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aakash Kapoor | Additional Director | 31-Mar-2015 | Current |
| Neelam Kapoor | Additional Director | 31-Mar-2015 | Current |
Financial Performance of Ace Textiles.
Ace Textiles Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 25.93% decrease. The company also saw a substantial fall in profitability, with a 2845.26% decrease in profit. The company's net worth dipped by a decrease of 7.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ace Textiles?
In 2020, Ace Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 24 May 2018 | ₹2.00 M | Open |
Karnataka Bank Ltd. Creation Date: 17 Dec 2010 | ₹5.50 M | Open |
The Karnataka Bank Limited Creation Date: 29 Jul 2008 | ₹0.46 M | Open |
How Many Employees Work at Ace Textiles?
Unlock and access historical data on people associated with Ace Textiles, 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 Textiles, 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 Textiles'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.
