Ace India Abodes Limited
About Ace India Abodes Limited
Data last updated:
Ace India Abodes Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 25 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U70101RJ2005PLC021658.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Murari Lal Garg and Shyam Sunder Verma.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 9 Bagirath Colony Chomu House, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.08 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.28 Lakh (net margin -40.4%) and EBITDA of -₹65,434 (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 23% over five years.
Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ace India Abodes has one previous CIN (Corporate Identification Number): U70101RJ2005PTC021658. The current CIN is U70101RJ2005PLC021658, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101RJ2005PLC021658 | Current |
| U70101RJ2005PTC021658 | Previous |
Contact details
Ace India Abodes Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 9 Bagirath Colony Chomu House, Jaipur, Rajasthan, India – 302001
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Ace India Abodes 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
Business activity
The main business activity of Ace India Abodes is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Ace India Abodes Limited, buy the company report.
Financials of Ace India Abodes Limited
FY 2025 filings availableAce India Abodes Limited reported revenue of ₹13.08 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 27% fall in the latest year. EBITDA fell 118% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹65,434 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.28 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -40.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ace India Abodes Limited, buy the company report.
Board of directors of Ace India Abodes Limited
Ace India Abodes has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murari Lal Garg Also directs: Ace India Transport Private Limited | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
| Shyam Sunder Verma | Director | 22 Dec 2008 | 17 Years 10 Months | Current |
| Meghana Garg Also directs: Ace India Transport Private Limited | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Hitesh Garg Also directs: Ace India Transport Private Limited | Director | 25 Nov 2005 | 20 Years 11 Months | Current |
Peer comparison
Ace India Abodes Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imperial Vanijya Pvt Ltd | ₹13.14 Lakh (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Hansraj Properties Private Limited | ₹13.14 Lakh (FY 2024) | -40.0% | Kolkata, West Bengal, India | |||
| Sumo Buildtech Private Limited | ₹13.11 Lakh (FY 2025) | -81.0% | New Delhi, Delhi, India | |||
| Ace India Abodes Limitedthis company | ₹13.08 Lakh (FY 2024) | -₹5.28 Lakh | -40.4% | -27.0% | Jaipur, Rajasthan, India | |
| Merit Estates & Builders Private Limited | ₹13.04 Lakh (FY 2024) | 129.0% | Hisar, Haryana, India |
To see the full peer comparison of Ace India Abodes Limited, buy the company report.
Auditor
Ace India Abodes Limited is audited by B KHOSLA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B KHOSLA & CO | FY 2019 | 000205C |
Shareholding
The shareholding of Ace India Abodes Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ace India Abodes Limited, buy the company report.
Legal cases
Ace India Abodes Limited has 9 court cases on record: 6 filed by Ace India Abodes, 3 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur District, Rajasthan | Civil suit | Filed against the company by an individual | Pending |
| District court, Jaipur District, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court | Tax appeal | Filed against the company by individuals | Disposed |
To see the full case history of Ace India Abodes Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace India Abodes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ace India Abodes Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ace India Abodes Limited has 16 board changes on record since 2005: 10 appointments and 6 cessations. The latest: Murari Lal Garg was appointed as Director on 26 Apr 2018.
7 earlier events are in the company report.
Frequently asked questions
Ace India Abodes is an active public limited company based in Jaipur, Rajasthan, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 25 November 2005 (21+ years old) and is registered under CIN U70101RJ2005PLC021658.
Ace India Abodes has 4 current directors:
- Murari Lal Garg - Director
- Shyam Sunder Verma - Director
- Meghana Garg - Director
- Hitesh Garg - Director
The latest financial statements of Ace India Abodes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ace India Abodes is U70101RJ2005PLC021658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace India Abodes has 9 court cases on record: 6 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Ace India Abodes was incorporated on 25 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ace India Abodes by revenue are Imperial Vanijya Pvt Ltd, Hansraj Properties Private Limited, Sumo Buildtech Private Limited, Merit Estates & Builders Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Murari Lal Garg was appointed as Director on 26 Apr 2018. Kalu Ram Meena ceased to be Director on 28 Nov 2011. Tulcha Ram ceased to be Director on 28 Nov 2011. Ace India Abodes has 16 board changes on record in total.
The registered office of Ace India Abodes is at C – 9 Bagirath Colony Chomu House, Jaipur, Rajasthan, India – 302001.
Ace India Abodes operates in the real estate and construction industry, in the real estate marketing and sales segment.
The compliance status of Ace India Abodes is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
