Ace Residency Private Limited
About Ace Residency Private Limited
Data last updated:
Ace Residency Private Limited was a private limited company based in Noida, Uttar Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 July 2014.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U70100UP2014PTC064973. Its GSTIN is 09AAMCA7450K1Z7 (Uttar Pradesh).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ajay Kumar and Pratap Singh Rathi.
Its last annual general meeting (AGM) was held on 26 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 7th Floor Plot No.01B Sector – 126, Noida, Uttar Pradesh, India – 201303.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.85 Lakh (net margin 3.8%) and EBITDA of ₹9.32 Cr (EBITDA margin 67.6%). Revenue has grown at a compounded annual rate (CAGR) of 139% over three years and 480% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Ace Residency Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7th Floor Plot No.01B Sector – 126, Noida, Uttar Pradesh, India – 201303
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ace Residency 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
Business activity
The main business activity of Ace Residency is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ace Residency Private Limited, buy the company report.
Financials of Ace Residency Private Limited
FY 2022 filings availableAce Residency Private Limited reported revenue of ₹13.8 Cr (up 280% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 480% over five years, including 280% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.85 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.6% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Residency Private Limited, buy the company report.
Board of directors of Ace Residency Private Limited
Ace Residency has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar | Director | 19 Jul 2021 | 5 Years 3 Months | As last reported |
| Pratap Singh Rathi | Director | 19 Jul 2021 | 5 Years 3 Months | As last reported |
Peer comparison
Ace Residency Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaursons Realty Private Limited | ₹13.82 Cr (FY 2025) | -65.0% | Delhi, India | |||
| Hawelia Builders Private Limited | ₹13.81 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Ace Residency Private Limitedthis company | ₹13.8 Cr (FY 2022) | ₹52.85 Lakh | 3.8% | 280.0% | 3 | Noida, Uttar Pradesh, India |
| Emine Realty Private Limited | ₹13.79 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Metric Infrastructure Private Limited | ₹13.78 Cr (FY 2025) | 92.0% | Muvattupuzha, Kerala, India |
To see the full peer comparison of Ace Residency Private Limited, buy the company report.
Auditor
Ace Residency Private Limited is audited by PRAVEEN K AGARWAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVEEN K AGARWAL & ASSOCIATES | FY 2020 | 005002C |
Shareholding
The shareholding of Ace Residency Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | 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 Residency Private Limited, buy the company report.
Legal cases
Ace Residency Private Limited has 3 court cases on record: 2 filed by Ace Residency, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (IAPL) | Filed against the company by Principal Commissioner of Income Tax and Another | Pending |
| NCLT, Allahabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Allahabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ace Residency Private 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 Residency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Residency Private Limited has a workforce of 3 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Ace Residency has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAMCA7450K1Z7 | Uttar Pradesh | Active | 18 Dec 2017 |
To see the full GST registrations and return filing status of Ace Residency Private Limited, buy the company report.
Recent activity
Ace Residency Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Pratap Singh Rathi ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Ace Residency has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ace Residency was a private limited company based in Noida, Uttar Pradesh, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 July 2014 and is registered under CIN U70100UP2014PTC064973. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ace Residency was incorporated on 18 July 2014. It is registered with the Registrar of Companies, Kanpur.
Ace Residency had 2 directors:
- Ajay Kumar - Director
- Pratap Singh Rathi - Director
The CIN (Corporate Identification Number) of Ace Residency is U70100UP2014PTC064973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ace Residency is at 7th Floor Plot No.01B Sector – 126, Noida, Uttar Pradesh, India – 201303.
The latest financial statements of Ace Residency on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Residency is 09AAMCA7450K1Z7, registered in Uttar Pradesh.
Ace Residency operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Ace Residency by revenue are Gaursons Realty Private Limited, Hawelia Builders Private Limited, Emine Realty Private Limited, Metric Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ace Residency has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.