- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0085877

About Ace Employment Services Private Limited
Data last updated:
Ace Employment Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2002PTC137003. Its GSTIN is 27AADCA7696Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.72 Lakh. It is led by directors including Surendra Kumar Jaggi and Renu Jaggi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.1301 & 1302 13th Floor Mayuresh Cosmos Plot No. 37 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.96 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹9.95 Lakh (net margin 15.3%) and EBITDA of ₹30.86 Lakh (EBITDA margin 47.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Employment Services.
Ace Employment Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0085877). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceemployment.net.
Company details
Recognitions & Rankings of Ace Employment Services
Contact details
Ace Employment Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is aceemployment.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.1301 & 1302 13th Floor Mayuresh Cosmos Plot No. 37 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ace Employment Services Private Limited, buy the company report.
- 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
Brands
Ace Employment Services operates one associated brand: Ace Employment Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recruitment services in hospitality and construction sectors, focusing on global talent placement and professional staffing solutions. | aceemployment.net |
Business activity
The main business activity of Ace Employment Services is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of Ace Employment Services Private Limited, buy the company report.
Financials of Ace Employment Services Private Limited
FY 2025 filings availableAce Employment Services Private Limited reported revenue of ₹64.96 Lakh (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 23% fall in the latest year. EBITDA rose 25% 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
| 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 | ₹30.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.95 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.5% | ||||
| Net Profit Margin | 15.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ace Employment Services Private Limited, buy the company report.
Board of directors of Ace Employment Services Private Limited
Ace Employment Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Jaggi Also directs: SKJ Industries Private Limited, Tina Packaging Private Limited | Director | 24 Mar 2015 | 11 Years 7 Months | Current |
| Renu Jaggi Also directs: Tina Packaging Private Limited | Director | 17 Mar 2015 | 11 Years 7 Months | Current |
| Ritesh Jaggi Also directs: Indike Auctions Private Limited | Director | 28 Aug 2002 | 24 Years 2 Months | Current |
| Himanshu Jaggi | Director | 28 Aug 2002 | 24 Years 2 Months | Current |
Auditor
Ace Employment Services Private Limited is audited by MVM and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MVM and Co. | FY 2023 | 131697W |
Shareholding
The shareholding of Ace Employment Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Employment Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ace Employment Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Employment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Employment Services Private Limited has a workforce of 1 employees on its EPFO records as of May 09, 2024, across 1 active EPFO establishment.
GST
Ace Employment Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA7696Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Employment Services Private Limited, buy the company report.
Recent activity
Ace Employment Services Private Limited has 4 board changes on record since 2002: 4 appointments. The latest: Surendra Kumar Jaggi was appointed as Director on 24 Mar 2015.
Frequently asked questions
Ace Employment Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 August 2002 (24+ years old) and is registered under CIN U74910MH2002PTC137003.
Ace Employment Services has 4 current directors:
- Surendra Kumar Jaggi - Director
- Renu Jaggi - Director
- Ritesh Jaggi - Director
- Himanshu Jaggi - Director
The latest financial statements of Ace Employment Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Employment Services is 27AADCA7696Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Employment Services is U74910MH2002PTC137003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Employment Services was incorporated on 28 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Surendra Kumar Jaggi was appointed as Director on 24 Mar 2015. Renu Jaggi was appointed as Director on 17 Mar 2015. Himanshu Jaggi was appointed as Director on 28 Aug 2002. Ace Employment Services has 4 board changes on record in total.
Yes, Ace Employment Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0085877).
Ace Employment Services can be reached through the website aceemployment.net. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Ace Employment Services is at Office No.1301 & 1302 13th Floor Mayuresh Cosmos Plot No. 37 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.