Ivory Ace Structures Private Limited

Founded in 2020 and headquartered in Karnataka, India.

2020 | Belgaum, Karnataka (India) | Active
Last Updated: November 16, 2024

Ivory Ace Structures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.85 Cr
  • Revenue Growth 404.81%
  • Profit Growth 89.13%
  • Ebitda 77.67%
  • Net Worth 196.88%
  • Total Assets 223.92%

About Ivory Ace Structures

Ivory Ace Structures Private Limited (IASPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 2020 (Four years and three months 9 days old ). Its registered office is in Belgaum, Karnataka, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹3.85 Cr.

Vithal Patil and Rohit Patil serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45400KA2020PTC140137

  • Company No.

    140137

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 2020

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Ivory Ace Structures?

Board Members (2)

Name Designation Appointment Date Status
Vithal Patil Country flag representing In Director 23-Oct-2020 Current
Rohit Patil Country flag representing In Director 23-Oct-2020 Current

Financial Performance of Ivory Ace Structures.

Ivory Ace Structures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 404.81% increase. The company also saw a substantial improvement in profitability, with a 89.13% increase in profit. The company's net worth Soared by an impressive increase of 196.88%.

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
404.81%
Revenue from Operations
404.81%
Total Assets
223.92%
Profit or Loss
89.13%
Net Worth
196.88%
EBITDA
77.67%

What is the Ownership and Shareholding Structure of Ivory Ace Structures?

Unlock access to Ivory Ace Structures's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.90 Cr
  • State Bank Of India : 0.95 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2024 Canara Bank ₹2.90 Cr Open
17 Jan 2023 State Bank Of India ₹9.50 M Open

How Many Employees Work at Ivory Ace Structures?

Ivory Ace Structures has a workforce of 66 employees as of Mar 29, 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 Ivory Ace Structures, 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 Ivory Ace Structures'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 Ivory Ace Structures

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 2.90 Cr with Charge ID 100873855 was registered on 08 Feb 2024.

    08 Feb 2024

  • Annual General Meeting

    Ivory Ace Structures Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Balance Sheet

    Ivory Ace Structures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.95 Cr with Charge ID 100694995 was registered on 17 Jan 2023.

    17 Jan 2023

  • Director Appointment

    Vithal Vijay Patil was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 4 years 3 months .

    23 Oct 2020

  • Director Appointment

    Rohit Ramesh Patil was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 4 years 3 months .

    23 Oct 2020

Frequently asked questions

  • Ivory Ace Structures Private Limited was incorporated on 23 Oct 2020.

  • The authorized share capital of Ivory Ace Structures Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Ivory Ace Structures Private Limited.

    • Vithal Vijay Patil
    • Rohit Ramesh Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ivory Ace Structures Private Limited is Cts No. 5576/C Goods-Shed Road, India, Belagavi, Karnataka, 590001.

  • The corporate identification number (CIN) of Ivory Ace Structures Private Limited is U45400KA2020PTC140137 and the company number is 140137 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ivory Ace Structures Private Limited is https://www.ivoryacestructures.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ivory Ace Structures Private Limited has risen by 404.81%.

  • As Per 2023 financial reports, 66 employees are currently employed by Ivory Ace Structures Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ivory Ace Structures Private Limited has experienced an upsurge of 196.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ivory Ace Structures Private Limited amount to ₹ 3.85 Cr.

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