Ace Textiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.96 Cr
- Satisfied Charges ₹ 4.00 M
- Revenue Growth -25.93%
- Profit Growth -2845.26%
- Ebitda -76.27%
- Net Worth -7.28%
- Total Assets -32.12%
About Ace Textiles
Ace Textiles Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 September 2005 and has a history of 19 years and four months. Its registered office is in Amritsar, Punjab, India.
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 2024. 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.
Neelam Kapoor, Vineet Kapoor, and Aakash Kapoor serve as directors at the Company.
Company Details
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Location
Amritsar, Punjab, 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
U17110PB2005PTC028981
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Company No.
028981
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Sep 2005
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Date of AGM
30 Nov 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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 |
|---|---|---|---|
|
Neelam Kapoor
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Additional Director | 31-Mar-2015 | Current |
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Aakash Kapoor
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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%.
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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)
₹19.56 M
₹4.00 M
Charges Breakdown by Lending Institutions
- The Karnataka Bank Limited : 1.21 Cr
- Karnataka Bank Ltd. : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2018 | Karnataka Bank Ltd. | ₹2.00 M | Open |
| 17 Dec 2010 | Karnataka Bank Ltd. | ₹5.50 M | Open |
| 29 Jul 2008 | The Karnataka Bank Limited | ₹0.46 M | Open |
| 28 Feb 2006 | The Karnataka Bank Limited | ₹1.16 Cr | Open |
| 17 May 2006 | The Karnataka Bank Limited | ₹4.00 M | Satisfied |
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.
