Ace Transworld Engineering Private Limted

Sells electrical, electronic, and mechanical items and provides engineering services for industrial and commercial purposes.

2006 | Bangalore, Karnataka (India) | Active
Last Updated: December 12, 2024

Ace Transworld Engineering Limted Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth 142.49%
  • Profit Growth 75.30%
  • Ebitda 74.41%
  • Net Worth -1.62%
  • Total Assets -0.78%

About Ace Transworld Engineering Limted

Ace Transworld Engineering Private Limted (ATEPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 2006 and has a history of 18 years and seven months. Its registered office is in Bangalore, Karnataka.

The Company is engaged in the Consumer Electronics & Durables 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹4.00 Cr.

Nityanand Kamath, Maya Prabhu, Sadanand Kamath, and One other member serve as directors at the Company.

Company Details

  • Location
    Bangalore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29268KA2006PTC039853

  • Company No.

    039853

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Ace Transworld Engineering Limted?

Board Members (4)

Name Designation Appointment Date Status
Nityanand Kamath Country flag representing In Director 30-Jun-2006 Current
Maya Prabhu Country flag representing In Director 18-Jul-2018 Current
Sadanand Kamath Country flag representing In Director 01-Jan-2012 Current
Krishnanand Kamath Country flag representing In Director 01-Jan-2012 Current

Financial Performance of Ace Transworld Engineering Limted.

Ace Transworld Engineering Private Limted, for the financial year ended 2022, experienced significant growth in revenue, with a 142.49% increase. The company also saw a substantial improvement in profitability, with a 75.3% increase in profit. The company's net worth dipped by a decrease of 1.62%.

Graph illustrating revenue growth over time
Graph showing 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
142.49%
Revenue from Operations
Total Assets
-0.78%
Profit or Loss
75.30%
Net Worth
-1.62%
EBITDA
74.41%

What is the Ownership and Shareholding Structure of Ace Transworld Engineering Limted?

In 2019, Ace Transworld Engineering Limted 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

₹4.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Jun 2018 Axis Bank Limited ₹4.00 Cr Open

How Many Employees Work at Ace Transworld Engineering Limted?

Unlock and access historical data on people associated with Ace Transworld Engineering Limted, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Transworld Engineering Limted, 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 Transworld Engineering Limted'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 Transworld Engineering Limted

Recent activity within the organization

  • Annual General Meeting

    Ace Transworld Engineering Private Limted last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ace Transworld Engineering Private Limted has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Maya Sadasiv Prabhu was appointed as a Director was appointed as a Director on 18 Jul 2018 & has been associated with this company since 6 years 6 months .

    18 Jul 2018

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100186027 was registered on 01 Jun 2018.

    01 Jun 2018

  • Director Appointment

    Sadanand Kamath was appointed as a Director was appointed as a Director on 01 Jan 2012 & has been associated with this company since 13 years 30 days .

    01 Jan 2012

  • Director Appointment

    Krishnanand Kamath was appointed as a Director was appointed as a Director on 01 Jan 2012 & has been associated with this company since 13 years 30 days .

    01 Jan 2012

Frequently asked questions

  • Ace Transworld Engineering Private Limted was incorporated on 30 Jun 2006.

  • The authorized share capital of Ace Transworld Engineering Private Limted is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Ace Transworld Engineering Private Limted.

    • Nityanand Kamath
    • Maya Sadasiv Prabhu
    • Sadanand Kamath
    • Krishnanand Kamath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Transworld Engineering Private Limted is 113 First Floor, Mota Chambers Millers Road India, Bangalore, Karnataka, 560052.

  • The corporate identification number (CIN) of Ace Transworld Engineering Private Limted is U29268KA2006PTC039853 and the company number is 039853 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Transworld Engineering Private Limted is https://www.acegroup.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ace Transworld Engineering Private Limted has risen by 142.49%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ace Transworld Engineering Private Limted has experienced an downturn of -1.62%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ace Transworld Engineering Private Limted amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Ace Transworld Engineering Private Limted was filed with the ROC on 31 Mar 2024.

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