Ace Textiles Private Limited

Textile manufacturing company specializing in various materials and processes.

2005 | Amritsar, Punjab (India) | Active
Last Updated:

Ace Textiles Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 19 Year, 5 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 five 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

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110PB2005PTC028981

  • Company No.

    028981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2005

  • Date of AGM

    30 Nov 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Ace Textiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Vineet Kapoor Country flag representing In Managing Director31-Mar-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Neelam Kapoor Country flag representing In Additional Director 31-Mar-2015Current
Aakash Kapoor Country flag representing In Additional Director 31-Mar-2015Current

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%.

Ace Textiles revenue growth over time
Ace Textiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.93%
Revenue from Operations
-26.92%
Total Assets
-32.12%
Profit or Loss
-2845.26%
Net Worth
-7.28%
EBITDA
-76.27%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.56 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • The Karnataka Bank Limited : 1.21 Cr
  • Karnataka Bank Ltd. : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2018Karnataka Bank Ltd.₹2.00 MOpen
17 Dec 2010Karnataka Bank Ltd.₹5.50 MOpen
29 Jul 2008The Karnataka Bank Limited₹0.46 MOpen
28 Feb 2006The Karnataka Bank Limited₹1.16 CrOpen
17 May 2006The Karnataka Bank Limited₹4.00 MSatisfied

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.

Employee growth trends for Ace Textiles Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Textiles

Recent activity within the organization

  • Annual General Meeting

    Ace Textiles Private Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.

  • Balance Sheet

    Ace Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 2.00 M with Charge ID 100186240 was registered on 24 May 2018.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 5.50 M registered on 17 Dec 2010 with Charge ID 10262959 was modified on 24 May 2018.

  • Director Appointment

    Aakash Kapoor was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Neelam Rattana Kapoor was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ace Textiles Private Limited?

    Ace Textiles Private Limited was incorporated on 23 Sep 2005.

  • What is authorized share capital and paid-up capital of Ace Textiles Private Limited?

    The authorized share capital of Ace Textiles Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Ace Textiles Private Limited?

    Currently 3 directors are associated with Ace Textiles Private Limited.

    • Neelam Rattana Kapoor
    • Vineet Kapoor
    • Aakash Kapoor

  • What is the registered address of Ace Textiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ace Textiles Private Limited is V.P.O Cheetah Kalan Rampur Road G.T Road Opp. Gill Farm, Daburji India, Amritsar, Punjab, 143001.

  • What is the corporate identification number (CIN) and company number of Ace Textiles Private Limited?

    The corporate identification number (CIN) of Ace Textiles Private Limited is U17110PB2005PTC028981 and the company number is 028981 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ace Textiles Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Ace Textiles Private Limited has fallen by -25.93%.

  • What change has been observed in the net worth of Ace Textiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Ace Textiles Private Limited has experienced an downturn of -7.28%.

  • What are the total open charges for Ace Textiles Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Ace Textiles Private Limited amount to ₹ 1.96 Cr.

  • When was the last Balance Sheet of Ace Textiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Ace Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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