Amace Solutions Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 18.79 Cr
- Company Age 6 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.00 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 900.62%
- Profit Growth 123.03%
- Ebitda 336.43%
- Net Worth 449.25%
- Total Assets 169.54%
About Amace Solutions
Amace Solutions Private Limited (ASPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 September 2018 (Six years and four months 8 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology 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 30.00 Cr and a paid-up capital of Rs 18.79 Cr.
The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Amace Solutions Private Limited India are Chakravarthy Srinivas as Cfo, Rajesh Ramegowda as Company Secretary, and Vishwas Puttige as Ceo. Lagadamane Umesh, Madhavi Bharathi, Thirumalnamasamudhram Padmanabhan, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29308KA2018PTC116823
- Company No.
116823
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 2018
- Date of AGM
18 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Amace Solutions Private Limited offer?
Amace Solutions Private Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Engine Components, Printing Machinery & Equipment, Printing Machine.
Who are the key members and board of directors at Amace Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Ramegowda  | Company Secretary | 10-Oct-2023 | Current |
| Chakravarthy Srinivas | CFO | 27-Mar-2024 | Current |
| Vishwas Puttige | CEO | 01-Nov-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhavi Bharathi  | Director | 04-Mar-2024 | Current |
| Lagadamane Umesh | Director | 25-Sep-2018 | Current |
| Thirumalnamasamudhram Padmanabhan | Director | 25-Sep-2018 | Current |
| Vishwas Puttige | Whole-Time Director and Ceo | 05-Nov-2023 | Current |
| Preeti Machado | Director | 04-Mar-2024 | Current |
Financial Performance of Amace Solutions.
Amace Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 900.62% increase. The company also saw a substantial improvement in profitability, with a 123.03% increase in profit. The company's net worth Soared by an impressive increase of 449.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Amace Solutions?
In 2023, Amace Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Taurus Private LimitedThirumalnamasamudhram Padmanabhan, Vishwas Puttige and 1 more are mutual person
Ace Designers LimitedChakravarthy Srinivas and Rajesh Ramegowda are mutual person
Ams Bhargava Machining Private LimitedLagadamane Umesh is a mutual person
- Ams Precision Products Private Limited
Lagadamane Umesh is a mutual person
Charges (Loans)
₹14.00 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.00 Cr
- Standard Chartered Bank : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Standard Chartered Bank | ₹7.00 Cr | Open |
| 24 Mar 2023 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 14 Sep 2021 | Standard Chartered Bank | ₹5.00 Cr | Satisfied |
How Many Employees Work at Amace Solutions?
Amace Solutions has a workforce of 25 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Amace Solutions, 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 Amace Solutions's trajectory.
Rating
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
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