Ace Autocars Private Limited - Company Profile

It is a automotive private limited company based in Cuttack, Orissa, India, established in 2008.
2008 Cuttack, Orissa, India Active
Last Updated:
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About Ace Autocars Private Limited

Ace Autocars Private Limited, a active private limited company, was established on 19 June 2008 in Cuttack, Orissa, India. Engaging in auto dealership & trading within the automotive sector, it holds CIN: U50100OR2008PTC010108. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹2.93 Cr.

It upholds a compliant status. Employing 115 professional, Its leadership includes Akhandal Mohanty (Director), Shaikh Tausif Hussain (Director). Past directors included Dibyalok Patnaik, Dharmaditya Patnaik, Sanjana Sanghamitra Das. It holds ₹15.00 Cr open charges and ₹16.40 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Osl Tower-Ii Link Road, Cuttack, Orissa, 753012.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U50100OR2008PTC010108

  • Registration Number

    010108

  • Incorporation Date

    19 June 2008

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹2.93 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.93 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 16.40 Cr
  • Revenue Growth **** -88.89%
  • Profit Growth **** 76.70%
  • Ebitda **** 81.90%
  • Net Worth -1803.21%
  • Total Assets -5.98%
Company report

Ace Autocars Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Autocars Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ace Autocars Private Limited?
Current Directors
Name Designation Appointment Date Status
Akhandal Mohanty Director 19 Aug 2020 Current
Shaikh Tausif Hussain Director 19 Aug 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Sep 2020 Past
Pramod Abcsdd Managing Director 03 Sep 2020 Past
Pramod Abcsdd Director 03 Sep 2020 Past

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Financial Performance of Ace Autocars.

Ace Autocars Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 88.89% decrease. The company also saw a substantial improvement in profitability, with a 76.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 1803.21%.

Ace Autocars revenue growth over time
Ace Autocars profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -88.89%
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*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -5.98%
*******
*******
*******
*******
Profit or Loss
*******
 76.70%
*******
*******
*******
*******
Net Worth
*******
 -1803.21%
*******
*******
*******
*******
EBITDA
*******
 81.90%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Autocars?

In 2020, Ace Autocars had a promoter holding of 12.35% and a public holding of 87.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹150,000,000.00

Satisfied Charges

₹164,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 15.00 Cr
Latest Charge Details
Date Lender Amount Status
17 Feb 2024 Others ₹15.00 Cr Open
18 Apr 2013 Others ₹8.00 Cr Satisfied
25 Feb 2013 Tata Capital Financial Services Limited ₹6.50 Cr Satisfied
19 Jan 2011 Axis Bank Limited ₹1.90 Cr Satisfied

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How Many Employees Work at Ace Autocars?

Ace Autocars has a workforce of 115 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Autocars, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ace Autocars's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ace Autocars
Recent Activity within the Organization
  • Annual General Meeting

    Ace Autocars Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Ace Autocars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100879686 was registered on 17 Feb 2024. was recorded as a recent event.

  • Director Appointment

    The activity Akhandal Mohanty was appointed as a Director was appointed as a Director on 19 Aug 2020 & has been associated with this company since 5 years 5 months . was completed.

  • Director Appointment

    Progress on Shaikh Tausif Hussain was appointed as a Director was appointed as a Director on 19 Aug 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Charges

    The activity A charge registered on 25 Feb 2013 via Charge ID 10409708 with Tata Capital Financial Services Limited was fully satisfied on 06 Aug 2018. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ace Autocars Private Limited?

The CIN of Ace Autocars Private Limited is U50100OR2008PTC010108.

Where is Ace Autocars Private Limited headquartered?

Ace Autocars Private Limited is headquartered at Osl Tower-Ii Link Road, Cuttack, Orissa, 753012.

When was Ace Autocars Private Limited incorporated?

Ace Autocars Private Limited was incorporated on 19 June 2008.

Who are the current directors of Ace Autocars Private Limited?

The current directors of Ace Autocars Private Limited are

What is the primary industry of Ace Autocars Private Limited?

The primary industry of Ace Autocars Private Limited is Automotive.

Is Ace Autocars Private Limited a listed company?

Ace Autocars Private Limited is unlisted.

What is the capital structure of Ace Autocars Private Limited?

The authorized capital of Ace Autocars Private Limited is ₹4.00 Cr, and the paid-up capital is ₹2.93 Cr.

What is the compliance status of Ace Autocars Private Limited?

The compliance status of Ace Autocars Private Limited is Compliant.

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