Ace HR Management (India) Private Limited

Ace HR Management (India) Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2012PTC234567 Incorporated 16 August 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2021
₹1.68 Lakh
▼ 75% YoY
Net profit · FY 2021
₹13,675
Net margin 8.2%
EBITDA · FY 2021
₹44,491
EBITDA margin 26.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Ace HR Management (India) Private Limited

Data last updated:

Ace HR Management (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 16 August 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC234567. Its GSTIN is 27AAKCA8809L1Z4 (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anand Sunil Gaikwad and Pravina Shantaram Manjrekar.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 206 Manish Chambers Sonawala Road Opp. Hotel Karan Palace Goregaon (E), Mumbai, Maharashtra, India – 400063.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.68 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹13,675 (net margin 8.2%) and EBITDA of ₹44,491 (EBITDA margin 26.5%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 36% over five years.

The company is associated with 1 brand: ACE HR Management. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acehr.in.

Company details

CIN U74120MH2012PTC234567
Registration Number 234567
Incorporation Date 16 August 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Contact details

Ace HR Management (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is acehr.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    206 Manish Chambers Sonawala Road Opp. Hotel Karan Palace Goregaon (E), Mumbai, Maharashtra, India – 400063
  • Industry
    Business Services, Management Consultancy

To see the full contact details of Ace HR Management (India) Private Limited, buy the company report.

Comprehensive company report
Ace HR Management (India) Private Limited - one report that includes everything
  • 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
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Brands

Ace HR Management (India) operates one associated brand: ACE HR Management. Each brand links to its own profile.

BrandDescriptionWebsite
Provides HR consulting, job placement, and recruitment services in India.acehr.in

Business activity

The main business activity of Ace HR Management (India) is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Ace HR Management (India) Private Limited, buy the company report.

Financials of Ace HR Management (India) Private Limited

FY 2021 filings available

Ace HR Management (India) Private Limited reported revenue of ₹1.68 Lakh (down 75% YoY) for FY 2021.

Revenue · FY 2021
₹1.68 Lakh ▼ 75%
Net profit · FY 2021
₹13,675 margin 8.2%
EBITDA · FY 2021
₹44,491 margin 26.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 48%
5 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 16%
5 years · compounded
▲ 18%

Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 75% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹44,491
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13,675
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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin26.5%
Net Profit Margin8.2%
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 HR Management (India) Private Limited, buy the company report.

Board of directors of Ace HR Management (India) Private Limited

Ace HR Management (India) has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand Sunil GaikwadDirector16 Aug 201214 Years 2 MonthsCurrent
Pravina Shantaram ManjrekarDirector16 Aug 201214 Years 2 MonthsCurrent
Sunil Punjaji GaikwadDirector16 Aug 201214 Years 2 MonthsCurrent

Peer comparison

Ace HR Management (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Askgeet HRD Solutions OPC Private Limited₹1.69 Lakh (FY 2024)2.0%Mumbai, Maharashtra, India
Trucepts Services Private Limited₹1.69 Lakh (FY 2021)32.0%Vadodara, Gujarat, India
Ahmad Overseas Consultancy Private Limited₹1.69 Lakh (FY 2018)Patna, Bihar, India
Career Bulls Solutions Private Limited₹1.68 Lakh (FY 2023)Bangalore, Karnataka, India
Avdhanam Integrated Private Limited₹1.68 Lakh (FY 2023)Nashik, Maharashtra, India
Ace HR Management (India) Private Limitedthis company₹1.68 Lakh (FY 2021)₹13,6758.2%-75.0%Mumbai, Maharashtra, India
Acofin Stromers Advisory Private Limited₹1.67 Lakh (FY 2025)Gurgaon, Haryana, India
Da Naukri Guru Private Limited₹1.67 Lakh (FY 2025)-67.0%Delhi, India
Cat 7 Manpower Solutions Private Limited₹1.66 Lakh (FY 2025)-47.0%New Delhi, Delhi, India
Visheshata Solutions (OPC) Private Limited₹1.65 Lakh (FY 2022)150.0%Jaipur, Rajasthan, India
Legavac Resources Private Limited₹1.65 Lakh (FY 2025)-61.0%Kharghar, Maharashtra, India

To see the full peer comparison of Ace HR Management (India) Private Limited, buy the company report.

Auditor

Ace HR Management (India) Private Limited is audited by M G Kale & Co. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
M G Kale & Co.FY 2017104579W

Shareholding

The shareholding of Ace HR Management (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ace HR Management (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ace HR Management (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ace HR Management (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAKCA8809L1Z4MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Ace HR Management (India) Private Limited, buy the company report.

Recent activity

Ace HR Management (India) Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Anand Sunil Gaikwad was appointed as Director on 16 Aug 2012.

AGM
Ace Hr Management (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Ace Hr Management (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Appointed
Anand Sunil Gaikwad was appointed as Director.
Appointed
Pravina Shantaram Manjrekar was appointed as Director.
Appointed
Sunil Punjaji Gaikwad was appointed as Director.
Incorporation
16 Aug 2012
Ace Hr Management (India) Private Limited was registered on 16 Aug 2012 with Roc Mumbai & aged 14 years 2 months as per MCA records.

Frequently asked questions

Ace HR Management (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 16 August 2012 (14+ years old) and is registered under CIN U74120MH2012PTC234567.

Ace HR Management (India) has 3 current directors:

The latest financial statements of Ace HR Management (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Ace HR Management (India) is 27AAKCA8809L1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ace HR Management (India) is U74120MH2012PTC234567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace HR Management (India) has 1 court case on record: 1 filed against it.

Ace HR Management (India) was incorporated on 16 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Ace HR Management (India) by revenue are Askgeet HRD Solutions OPC Private Limited, Trucepts Services Private Limited, Ahmad Overseas Consultancy Private Limited, Career Bulls Solutions Private Limited, Avdhanam Integrated Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).

Anand Sunil Gaikwad was appointed as Director on 16 Aug 2012. Pravina Shantaram Manjrekar was appointed as Director on 16 Aug 2012. Sunil Punjaji Gaikwad was appointed as Director on 16 Aug 2012.

Ace HR Management (India) can be reached through the website acehr.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Ace HR Management (India) is at 206 Manish Chambers Sonawala Road Opp. Hotel Karan Palace Goregaon E, Mumbai, Maharashtra, India – 400063.