Acecon Vitrified Private Limited

Manufacturer of ceramic tiles, including vitrified and double charge, with global exports.

2015 | Rajkot, Gujarat (India) | Active
Last Updated: November 16, 2024

Acecon Vitrified Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 32.00 Cr
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 102.66 Cr
  • Revenue Growth -11.15%
  • Profit Growth -34.35%
  • Ebitda 5.55%
  • Net Worth 13.72%
  • Total Assets 2.60%

About Acecon Vitrified

Acecon Vitrified Private Limited (AVPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 November 2015 (Nine years and three months 0 days old ). Its registered office is in Rajkot, Gujarat, 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 32.00 Cr and a paid-up capital of Rs 32.00 Cr.

The company currently has active open charges totaling ₹102.66 Cr.

The Key Managerial Personnel (KMP) at Acecon Vitrified Private Limited India is Hiral Shah as COMPANY SECRETARY. Chintukumar Sarodia, Nishant Faldu, and Bhavin Faldu serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26941GJ2015PTC084986

  • Company No.

    084986

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2015

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Acecon Vitrified?

Executive Team (1)

Name Designation Appointment Date Status
Hiral Shah Country flag representing In Company Secretary 01-Jan-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Chintukumar Sarodia Country flag representing In Director 22-Jul-2016 Current
Nishant Faldu Country flag representing In Director 04-Nov-2015 Current
Bhavin Faldu Country flag representing In Director 04-Nov-2015 Current

Financial Performance of Acecon Vitrified.

Acecon Vitrified Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.15% decrease. The company also saw a substantial fall in profitability, with a 34.35% decrease in profit. The company's net worth Soared by an impressive increase of 13.72%.

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
-11.15%
Revenue from Operations
-10.17%
Total Assets
2.60%
Profit or Loss
-34.35%
Net Worth
13.72%
EBITDA
5.55%

What is the Ownership and Shareholding Structure of Acecon Vitrified?

In 2023, Acecon Vitrified had a promoter holding of 5.51% and a public holding of 94.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹102.66 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 102.66 Cr

Latest Charge Details

Date Lender Amount Status
11 Nov 2016 Others ₹102.66 Cr Open

How Many Employees Work at Acecon Vitrified?

Acecon Vitrified has a workforce of 21 employees as of Mar 28, 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 Acecon Vitrified, 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 Acecon Vitrified'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 Acecon Vitrified

Recent activity within the organization

  • Annual General Meeting

    Acecon Vitrified Private Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

    15 Jul 2024

  • Balance Sheet

    Acecon Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Hiral Pankaj Shah was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2023 & has been associated with this company since 2 years 1 month .

    01 Jan 2023

  • Charges

    A charge with Others of Rs. 102.66 Cr registered on 11 Nov 2016 with Charge ID 100061927 was modified on 11 Feb 2019.

    11 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 102.66 Cr with Charge ID 100061927 was registered on 11 Nov 2016.

    11 Nov 2016

  • Director Appointment

    Chintukumar Ashokbhai Sarodia was appointed as a Director was appointed as a Director on 22 Jul 2016 & has been associated with this company since 8 years 6 months .

    22 Jul 2016

Frequently asked questions

  • Acecon Vitrified Private Limited was incorporated on 04 Nov 2015.

  • The authorized share capital of Acecon Vitrified Private Limited is ₹ 32.00 Cr and paid-up capital is ₹ 32.00 Cr.

  • Currently 4 directors are associated with Acecon Vitrified Private Limited.

    • Chintukumar Ashokbhai Sarodia
    • Nishant Mahendrabhai Faldu
    • Bhavin Arvinbhai Faldu
    • Hiral Pankaj Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Acecon Vitrified Private Limited is Survey No.147/1 2 149 179/P2 3 182/1 183/1 2 8-A National Highway Matel Road, At/Po St India, Wankaner, Gujarat, 363621.

  • The corporate identification number (CIN) of Acecon Vitrified Private Limited is U26941GJ2015PTC084986 and the company number is 084986 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Acecon Vitrified Private Limited is https://www.aceconvitrified.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Acecon Vitrified Private Limited has fallen by -11.15%.

  • As Per 2023 financial reports, 21 employees are currently employed by Acecon Vitrified Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Acecon Vitrified Private Limited has experienced an upsurge of 13.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Acecon Vitrified Private Limited amount to ₹ 102.66 Cr.

  • The most recent Balance Sheet for Acecon Vitrified Private Limited was filed with the ROC on 31 Mar 2024.

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