Ace Ocean Resources Private Limited
About Ace Ocean Resources Private Limited
Data last updated:
Ace Ocean Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 16 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51102MH2012PTC226116.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Atul Malhotra Mohan and Amit Seth Keval.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 55 B – Wing 5th Floor Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.8 Lakh. For the same year it recorded a net profit of ₹6.31 Lakh (net margin 58.4%) and EBITDA of ₹8.08 Lakh (EBITDA margin 74.8%). Revenue has grown at a compounded annual rate (CAGR) of 408% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address55 B – Wing 5th Floor Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Shipping & Maritime Services
- 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
Financials of Ace Ocean Resources Private Limited FY 2019 filings available
Ace Ocean Resources Private Limited reported revenue of ₹10.8 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR) of Ace Ocean Resources Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 408% over three years. 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 Ocean Resources Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹10.8 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.31 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 Ocean Resources Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 58.4% | •••• | •••• | •••• | •••• |
| 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 Ocean Resources 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 Ocean Resources Private Limited
Ace Ocean Resources Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multimode Navigation Agency Private Limited | ₹11.17 Lakh (FY 2017) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Msa Marine Services Private Limited | ₹11.11 Lakh (FY 2025) | •••• | •••• | 299.0% | •••• | Thane, Maharashtra, India |
| Dolphin Marine Supply Private Limited | ₹10.96 Lakh (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Rudraksh Shipping Services Private Limited | ₹10.84 Lakh (FY 2021) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| White Star Shipping Private Limited | ₹10.8 Lakh (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Ace Ocean Resources Private Limited this company | ₹10.8 Lakh (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Seema Shipping Services (India) Private Limited | ₹10.59 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Kensho Life Sciences Private Limited | ₹10.44 Lakh (FY 2025) | •••• | •••• | 74507.0% | •••• | Chennai, Tamil Nadu, India |
| D B C Shipping Services Private Limited | ₹10.32 Lakh (FY 2019) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Baseline Shipping Services Private Limited | ₹10.22 Lakh (FY 2023) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Sarang Ship Management Private Limited | ₹9.99 Lakh (FY 2024) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ace Ocean Resources by revenue in the Shipping industry (Shipping Services), 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 Ocean Resources Private Limited
Ace Ocean Resources Private Limited is audited by GIRIRAJ BANG & COMPANY for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GIRIRAJ BANG & COMPANY | 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 Ocean Resources Private Limited
Ace Ocean Resources has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Malhotra Mohan Also directs: Bay Tankers Private Limited, Ace Resources and Solutions Private Limited, Crownlex Consultants LLP and 4 more | Director | 16 Jan 2012 | 14 Years 9 Months | Current |
| Amit Seth Keval Also directs: Alphafleet Shipping Services LLP, Rudramarine Tankers LLP, Ah Rigserve Oil Field Services Private Limited and 4 more | Director | 16 Jan 2012 | 14 Years 9 Months | Current |
Ownership and Shareholding of Ace Ocean Resources 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 Ocean Resources Private Limited
Ace Ocean Resources Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ace Ocean Resources Private Limited
Ace Ocean Resources Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Bay Tankers Private Limited | Disposed |
| Bombay High Court | Court case (CRR) | Filed against the company by Bay Tankers Private Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ace Ocean Resources Private Limited
Employment history and EPFO contributions of people linked to Ace Ocean Resources.
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 Ocean Resources Private Limited
Ace Ocean Resources Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Amit Seth Keval was appointed as Director on 16 Jan 2012.
Credit Ratings, Litigation & Regulatory Alerts for Ace Ocean Resources 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 Ocean Resources 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 Ocean Resources 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 Ocean Resources Private Limited
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 Ocean Resources 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 Ocean Resources Private Limited
Ace Ocean Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 16 January 2012 (14+ years old) and is registered under CIN U51102MH2012PTC226116.
Ace Ocean Resources reported revenue of ₹10.8 Lakh for FY 2019.
Ace Ocean Resources has 2 current directors:
- Atul Malhotra Mohan - Director
- Amit Seth Keval - Director
Ace Ocean Resources reported a net profit of ₹6.31 Lakh (net margin 58.4%) and EBITDA of ₹8.08 Lakh (EBITDA margin 74.8%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Ocean Resources is 408% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ace Ocean Resources is U51102MH2012PTC226116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Ocean Resources has 2 court cases on record: 2 filed against it.
Ace Ocean Resources was incorporated on 16 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace Ocean Resources by revenue are Multimode Navigation Agency Private Limited, Msa Marine Services Private Limited, Dolphin Marine Supply Private Limited, Rudraksh Shipping Services Private Limited, White Star Shipping Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Amit Seth Keval was appointed as Director on 16 Jan 2012. Atul Malhotra Mohan was appointed as Director on 16 Jan 2012.
The registered office of Ace Ocean Resources is at 55 B – Wing 5th Floor Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.