Ace Urban Developers Private Limited

Develops smart cities, urban townships, and infrastructure including cyber towers and commercial buildings.

2015 | Machilipatnam, Andhra Pradesh (India) | Active
Last Updated: June 17, 2024

Ace Urban Developers Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 389.53 Cr
  • Company Age 10 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 545.78 Cr
  • Satisfied Charges ₹ 732.50 Cr
  • Revenue Growth 5574.94%
  • Profit Growth 56.98%
  • Ebitda 138.44%
  • Net Worth -36.40%
  • Total Assets 38.69%

About Ace Urban Developers

Ace Urban Developers Private Limited (AUDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 February 2015 and has a history of Ten years. Its registered office is in Machilipatnam, Andhra Pradesh, India.

The Company is engaged in the Infrastructure And Utilities 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 1,500.00 Cr and a paid-up capital of Rs 389.53 Cr.

The company currently has active open charges totaling ₹545.78 Cr. The company has closed loans amounting to ₹732.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ace Urban Developers Private Limited India is Kumar Raghavan as COMPANY SECRETARY. Chalamalasetty Swathi, Anil Chalamalasetty, and Mahesh Kolli serve as directors at the Company.

Company Details

  • Location

    Machilipatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aceurban.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45209AP2015PTC096147

  • Company No.

    096147

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Infrastructure and Utilities

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kumar Raghavan Country flag representing In Company Secretary01-Aug-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Chalamalasetty Swathi Country flag representing In Director 25-Nov-2015Current
Anil Chalamalasetty Country flag representing In Director 04-Feb-2015Current
Mahesh Kolli Country flag representing In Director 04-Feb-2015Current

Financial Performance of Ace Urban Developers.

Ace Urban Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 5574.94% increase. The company also saw a substantial improvement in profitability, with a 56.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.4%.

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
5574.94%
Revenue from Operations
6198.21%
Total Assets
38.69%
Profit or Loss
56.98%
Net Worth
-36.40%
EBITDA
138.44%

What is the Ownership and Shareholding Structure of Ace Urban Developers?

In 2023, Ace Urban Developers had a promoter holding of 100.00%. The company had 13 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹545.78 Cr

Satisfied Charges

₹732.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 545.00 Cr
  • Hdfc Bank Limited : 0.78 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2024Others₹440.00 CrOpen
21 Apr 2022Others₹105.00 CrOpen
30 Jul 2021Hdfc Bank Limited₹7.82 MOpen
29 Dec 2017Idbi Trusteeship Services Limited₹560.00 CrSatisfied
15 Nov 2017Yes Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Ace Urban Developers?

Ace Urban Developers has a workforce of 25 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Urban Developers, 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 Urban Developers'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 Urban Developers

Recent activity within the organization

  • Charges

    A charge registered on 15 Nov 2017 via Charge ID 100148614 with Yes Bank Limited was fully satisfied on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge registered on 29 Dec 2017 via Charge ID 100148350 with Idbi Trusteeship Services Limited was fully satisfied on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 440.00 Cr with Charge ID 100898504 was registered on 15 Feb 2024.

    15 Feb 2024

  • Annual General Meeting

    Ace Urban Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ace Urban Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Kumar Raghavan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

Frequently asked questions

  • Ace Urban Developers Private Limited was incorporated on 04 Feb 2015.

  • The authorized share capital of Ace Urban Developers Private Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 389.53 Cr.

  • Currently 4 directors are associated with Ace Urban Developers Private Limited.

    • Kumar Raghavan
    • Chalamalasetty Swathi
    • Anil Kumar Chalamalasetty
    • Mahesh Kolli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Urban Developers Private Limited is No.20-339/5 Opp: Collector Bungalow Chilakalapudi, Machilipatnam, Andhra Pradesh, India, 521001.

  • The corporate identification number (CIN) of Ace Urban Developers Private Limited is U45209AP2015PTC096147 and the company number is 096147 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Urban Developers Private Limited is https://www.aceurban.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Urban Developers Private Limited has risen by 5574.94%.

  • As Per 2023 financial reports, 25 employees are currently employed by Ace Urban Developers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Urban Developers Private Limited has experienced an downturn of -36.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ace Urban Developers Private Limited amount to ₹ 545.78 Cr.

  • The most recent Balance Sheet for Ace Urban Developers Private Limited was filed with the ROC on 31 Mar 2023.

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