Acey Engineering Pvt Ltd

Manufacturer of auto control cables for Indian automotive industry.

1979 | Navsari, Gujarat (India) | Active
Last Updated: July 02, 2024

Acey Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.80 M
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.41 M
  • Satisfied Charges ₹ 10.48 Cr
  • Revenue Growth 18.66%
  • Profit Growth 1154.76%
  • Ebitda 232.02%
  • Net Worth 23.35%
  • Total Assets 12.32%

About Acey Engineering

Acey Engineering Pvt Ltd (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 October 1979 and has a history of 45 years and three months. Its registered office is in Navsari, Gujarat, India.

The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 9.80 M.

The company currently has active open charges totaling ₹2.41 M. The company has closed loans amounting to ₹10.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mayank Choksi, Aditya Choksi, and Parth Choksi serve as directors at the Company.

Company Details

  • Location

    Navsari, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1979PTC003531

  • Company No.

    003531

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Acey Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Mayank Choksi Country flag representing In Managing Director 05-Feb-1981 Current

Board Members (2)

Name Designation Appointment Date Status
Aditya Choksi Country flag representing In Whole-Time Director 24-Mar-2012 Current
Parth Choksi Country flag representing In Whole-Time Director 24-Mar-2012 Current

Financial Performance of Acey Engineering.

Acey Engineering Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 18.66% increase. The company also saw a substantial improvement in profitability, with a 1154.76% increase in profit. The company's net worth Soared by an impressive increase of 23.35%.

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
18.66%
Revenue from Operations
21.02%
Total Assets
12.32%
Profit or Loss
1154.76%
Net Worth
23.35%
EBITDA
232.02%

What is the Ownership and Shareholding Structure of Acey Engineering?

In 2023, Acey Engineering 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

₹0.24 Cr

Satisfied Charges

₹10.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
27 May 2021 Hdfc Bank Limited ₹0.91 M Open
30 Dec 2019 Others ₹1.50 M Open
01 Feb 2007 Bank Of Baroda ₹2.40 Cr Satisfied
05 Jan 2007 Bank Of Baroda ₹5.03 Cr Satisfied
04 Jan 2007 Bank Of Baroda ₹4.50 M Satisfied

How Many Employees Work at Acey Engineering?

Acey Engineering has a workforce of 382 employees as of Apr 06, 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 Acey Engineering, 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 Acey Engineering'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 Acey Engineering

Recent activity within the organization

  • Annual General Meeting

    Acey Engineering Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Acey Engineering Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100475013 was registered on 27 May 2021.

    27 May 2021

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100322439 was registered on 30 Dec 2019.

    30 Dec 2019

  • Charges

    A charge registered on 01 Feb 2007 via Charge ID 10067446 with Bank Of Baroda was fully satisfied on 03 Aug 2012.

    03 Aug 2012

  • Charges

    A charge registered on 05 Jan 2007 via Charge ID 10035012 with Bank Of Baroda was fully satisfied on 03 Aug 2012.

    03 Aug 2012

Frequently asked questions

  • Acey Engineering Pvt Ltd was incorporated on 15 Oct 1979.

  • The authorized share capital of Acey Engineering Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 9.80 M.

  • Currently 3 directors are associated with Acey Engineering Pvt Ltd.

    • Mayank Arvind Choksi
    • Aditya Mayank Choksi
    • Parth Mayank Choksi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Acey Engineering Pvt Ltd is 104 & 105 G.I.D.C., Antaliya, Billimora, Gujarat, India, 396325.

  • The corporate identification number (CIN) of Acey Engineering Pvt Ltd is U29259GJ1979PTC003531 and the company number is 003531 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Acey Engineering Pvt Ltd is https://www.aceyindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Acey Engineering Pvt Ltd has risen by 18.66%.

  • As Per 2023 financial reports, 382 employees are currently employed by Acey Engineering Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Acey Engineering Pvt Ltd has experienced an upsurge of 23.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Acey Engineering Pvt Ltd amount to ₹ 2.41 M.

  • The most recent Balance Sheet for Acey Engineering Pvt Ltd was filed with the ROC on 31 Mar 2023.

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