About Ace Agnitec Private Limited
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Ace Agnitec Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Agni Consulting Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013FTC069079. Its GSTIN is 29AALCA6026E1ZP (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Lakshman Dorairaj and Sundar Raj.
Its last annual general meeting (AGM) was held on 03 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹88,963, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹3.89 Lakh (net margin -437.4%) and EBITDA of -₹3.89 Lakh (EBITDA margin -437.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 54% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceagnitec.com.
- EmailLocked
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- Website
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- Registered Address#401&402 Brigadebusiness Suites 4th Floor Near Ashoka Pillar T Mariappa Road Jayanagar, 2nd Block, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ace Agnitec Private Limited
The main business activity of Ace Agnitec is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ace Agnitec Private Limited FY 2024 filings available
Ace Agnitec Private Limited reported revenue of ₹88,963 (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ace Agnitec Private Limited
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA rose 77% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Ace Agnitec Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.89 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ace Agnitec Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -437.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -437.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ace Agnitec are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ace Agnitec Private Limited
Ace Agnitec Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eguardian Global Services India Private Limited | ₹91,752 (FY 2025) | •••• | •••• | 292.0% | •••• | Mumbai, Maharashtra, India |
| Coreone Technologies India Private Limited | ₹90,470 (FY 2025) | •••• | •••• | -97.0% | •••• | Bangalore, Karnataka, India |
| Satvik Websolutionsforme (India) Private Limited | ₹90,000 (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Flexalgo Systems Private Limited | ₹89,709 (FY 2025) | •••• | •••• | -83.0% | •••• | Mumbai, Maharashtra, India |
| Rapca Infotech Private Limited | ₹89,004 (FY 2025) | •••• | •••• | -85.0% | •••• | Delhi, India |
| Ace Agnitec Private Limited this company | ₹88,963 (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Imagine Systems and Solutions Private Limited | ₹88,858 (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Stablesoft Technologies Private Limited | ₹88,806 (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| Caddsoft India Private Limited | ₹88,571 (FY 2021) | •••• | •••• | -87.0% | •••• | Delhi, India |
| Cuberatech India Private Limited | ₹87,651 (FY 2025) | •••• | •••• | -100.0% | •••• | Bengaluru, Karnataka, India |
| Billpro Technologies Private Limited | ₹87,600 (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ace Agnitec by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ace Agnitec Private Limited
Ace Agnitec Private Limited is audited by K P M S & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P M S & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ace Agnitec Private Limited
Ace Agnitec has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshman Dorairaj Also directs: Cognitive Infotech (India) Private Limited | Director | 13 May 2013 | 13 Years 4 Months | Current |
| Sundar Raj | Director | 29 Sep 2015 | 11 Years 0 Months | Current |
| Rajaganapathy Balakrishnan | Director | 29 Sep 2015 | 11 Years 0 Months | Current |
Ownership and Shareholding of Ace Agnitec Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ace Agnitec Private Limited
Ace Agnitec Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ace Agnitec Private Limited
Employment history and EPFO contributions of people linked to Ace Agnitec.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ace Agnitec Private Limited
Ace Agnitec Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Rajaganapathy Balakrishnan was appointed as Director on 29 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Ace Agnitec Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ace Agnitec Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ace Agnitec Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ace Agnitec Private Limited
Ace Agnitec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA6026E1ZP | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ace Agnitec Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ace Agnitec Private Limited
Ace Agnitec is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 May 2013 (13+ years old) and is registered under CIN U72200KA2013FTC069079.
Ace Agnitec reported revenue of ₹88,963 for FY 2025 (down 46% YoY).
Ace Agnitec has 3 current directors:
- Lakshman Dorairaj - Director
- Sundar Raj - Director
- Rajaganapathy Balakrishnan - Director
Ace Agnitec reported a net loss of ₹3.89 Lakh (net margin -437.4%) and EBITDA of -₹3.89 Lakh (EBITDA margin -437.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Agnitec is -38% over three years and 54% over five years. In the latest year (FY 2025) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Agnitec is 29AALCA6026E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ace Agnitec is U72200KA2013FTC069079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Agnitec was incorporated on 13 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ace Agnitec by revenue are Eguardian Global Services India Private Limited, Coreone Technologies India Private Limited, Satvik Websolutionsforme (India) Private Limited, Flexalgo Systems Private Limited, Rapca Infotech Private Limited and 5 more, all in the Information Technology industry (Application Development).
Rajaganapathy Balakrishnan was appointed as Director on 29 Sep 2015. Sundar Raj was appointed as Director on 29 Sep 2015. Srinivasa Reddy Gopireddy ceased to be Additional Director on 30 Sep 2014. Ace Agnitec has 5 board changes on record in total.
Ace Agnitec can be reached through the website aceagnitec.com. Its registered office is in Bangalore, Karnataka, India.