Yonghwa Ace Industry Private Limited

Manufactures conveyors, jigs, fixtures, pallets, trolleys, lifts, and equipment installations for materials handling.

2017 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Yonghwa Ace Industry Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -2.82%
  • Profit Growth 38.04%
  • Ebitda 17.82%
  • Net Worth 17.57%
  • Total Assets 38.90%

About Yonghwa Ace Industry

Yonghwa Ace Industry Private Limited (YAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 2017 (Seven years and 11 months 21 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Yonghwa Industry Private Limited. The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Rengaraj Sudhakaran, Nagappa Mesta, and Vivekanandhan Pragadesh serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299TN2017PTC115013

  • Company No.

    115013

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Yonghwa Ace Industry?

Board Members (3)

Name Designation Appointment Date Status
Rengaraj Sudhakaran Country flag representing In Director 17-Feb-2017 Current
Nagappa Mesta Country flag representing In Director 17-Feb-2017 Current
Vivekanandhan Pragadesh Country flag representing In Director 16-Feb-2022 Current

Financial Performance of Yonghwa Ace Industry.

Yonghwa Ace Industry Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.82% decrease. The company also saw a substantial improvement in profitability, with a 38.04% increase in profit. The company's net worth Soared by an impressive increase of 17.57%.

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
-2.82%
Revenue from Operations
-2.82%
Total Assets
38.90%
Profit or Loss
38.04%
Net Worth
17.57%
EBITDA
17.82%

What is the Ownership and Shareholding Structure of Yonghwa Ace Industry?

In 2021, Yonghwa Ace Industry had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Yonghwa Ace Industry?

Unlock and access historical data on people associated with Yonghwa Ace Industry, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Yonghwa Ace Industry, 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 Yonghwa Ace Industry'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 Yonghwa Ace Industry

Recent activity within the organization

  • Annual General Meeting

    Yonghwa Ace Industry Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Yonghwa Ace Industry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Vivekanandhan Pragadesh was appointed as a Director was appointed as a Director on 16 Feb 2022 & has been associated with this company since 2 years 11 months .

    16 Feb 2022

  • Director Appointment

    Rengaraj Sudhakaran was appointed as a Director was appointed as a Director on 17 Feb 2017 & has been associated with this company since 7 years 11 months .

    17 Feb 2017

  • Director Appointment

    Nagappa Laxman Mesta Santhosh Nagappa Mesta was appointed as a Director was appointed as a Director on 17 Feb 2017 & has been associated with this company since 7 years 11 months .

    17 Feb 2017

  • Company Incorporation

    Yonghwa Ace Industry Private Limited was registered on 17 Feb 2017 with Roc Chennai & aged 7 years 11 months as per MCA records.

    17 Feb 2017

Frequently asked questions

  • Yonghwa Ace Industry Private Limited was incorporated on 17 Feb 2017.

  • The authorized share capital of Yonghwa Ace Industry Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 3 directors are associated with Yonghwa Ace Industry Private Limited.

    • Rengaraj Sudhakaran
    • Nagappa Laxman Mesta Santhosh Nagappa Mesta
    • Vivekanandhan Pragadesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Yonghwa Ace Industry Private Limited is 4, Noombal Road Velappanchavadi India, Chennai, Tamil Nadu, 600077.

  • The corporate identification number (CIN) of Yonghwa Ace Industry Private Limited is U29299TN2017PTC115013 and the company number is 115013 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Yonghwa Ace Industry Private Limited has fallen by -2.82%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Yonghwa Ace Industry Private Limited has experienced an upsurge of 17.57%.

  • The most recent Balance Sheet for Yonghwa Ace Industry Private Limited was filed with the ROC on 31 Mar 2024.

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