Ace Build Private Limited - real estate and construction in Chandigarh, India. FY 2026 financials & compliance.
CIN U45201CH1983PTC005243 Incorporated 05 January 1983 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company real estate and construction MSME · Small
Data last updated
Revenue · FY 2024
₹14.18 Cr
▼ 15% YoY
Net loss · FY 2024
₹2.9 Cr
Net margin -20.5%
EBITDA · FY 2024
-₹2.52 Cr
EBITDA margin -17.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹9.31 Lakh
Issued & subscribed
Open charges
₹3.9 Cr
Secured borrowings
Company age
43 yrs
Est. 1983
Employees · EPFO
199
Provident fund records

About Ace Build Private Limited

Data last updated:

Ace Build Private Limited is a private limited company based in Chandigarh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 January 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45201CH1983PTC005243. Its GSTIN is 04AABCA4198H2ZR (Chandigarh). The company holds 10 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.31 Lakh. It was formerly known as Akal Constructors and Engineers Pvt Ltd. It is led by directors Bhupinder Singh (Managing Director) and Narender Bishnoi.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at SCO 10 11 12 Sector 17 B Chandigarh, Chandigarh, India – 160017.

As per the financials filed for FY 2024, the company reported a revenue of ₹14.18 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.9 Cr (net margin -20.5%) and EBITDA of -₹2.52 Cr (EBITDA margin -17.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.

The company has about 199 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.9 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.

Ace Build Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0004306). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acebuild.co.in.

Company details

CIN U45201CH1983PTC005243
Registration Number 005243
Incorporation Date 05 January 1983
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CH-01-0004306

Recognitions & Rankings of Ace Build

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-CH-01-0004306

Contact details

Ace Build Private Limited's registered office is in Chandigarh, Chandigarh. Its website is acebuild.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    SCO 10 11 12 Sector 17 B Chandigarh, Chandigarh, India – 160017
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Ace Build Private Limited, buy the company report.

Comprehensive company report
Ace Build 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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Secure checkout · GST invoice included

Business activity

The main business activity of Ace Build is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Ace Build Private Limited, buy the company report.

Financials of Ace Build Private Limited

FY 2025 filings available

Ace Build Private Limited reported revenue of ₹14.18 Cr (down 15% YoY) for FY 2024.

Revenue · FY 2024
₹14.18 Cr ▼ 15%
Net loss · FY 2024
₹2.9 Cr margin -20.5%
EBITDA · FY 2024
-₹2.52 Cr margin -17.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 13%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 325%
3 years · compounded
▼ 114%
5 years · compounded
▼ 46%

Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 15% fall in the latest year. EBITDA fell 325% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹2.52 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.9 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-17.7%
Net Profit Margin-20.5%
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 Build Private Limited, buy the company report.

Board of directors of Ace Build Private Limited

Ace Build has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhupinder SinghManaging Director21 Dec 198342 Years 10 MonthsCurrent
Narender BishnoiDirector28 Apr 201610 Years 6 MonthsCurrent

Peer comparison

Ace Build Private Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Parker Estate Developers Private Limited₹14.18 Cr (FY 2025)-8.0%Delhi, India
Ace Build Private Limitedthis company₹14.18 Cr (FY 2024)-₹2.9 Cr-20.5%-15.0%199Chandigarh, India
Ihc Infra Build Private Limited₹14.17 Cr (FY 2025)60.0%Noida, Uttar Pradesh, India
Kalpana Dwellings Private Limited₹14.17 Cr (FY 2024)-27.0%Vidisha, Madhya Pradesh, India

To see the full peer comparison of Ace Build Private Limited, buy the company report.

Auditor

Ace Build Private Limited is audited by Kansal Jain and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Kansal Jain and AssociatesFY 2023023083N

Shareholding

The shareholding of Ace Build Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ace Build Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹3.10 Cr
Andhra Bank₹0.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 199680051951Others₹3.1 CrOpen
24 Feb 199690170752Andhra Bank₹80 LakhOpen

To see the full charge records of Ace Build Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Ace Build Private Limited has a workforce of 199 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
199
Active EPFO establishments
1
Employee growth
19.88%

GST

Ace Build has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
5
Cancelled / inactive
5
GSTINStateStatusRegistered on
04AABCA4198H2ZRChandigarhActive23 Aug 2017
02AABCA4198H1ZWHimachal PradeshActive01 Jul 2017
03AABCA4198H1ZUPunjabActive01 Jul 2017
07AABCA4198H1ZMDelhiActive08 Nov 2022

To see the full GST registrations and return filing status of Ace Build Private Limited, buy the company report.

Recent activity

Ace Build Private Limited has 7 board changes on record since 1983: 2 appointments and 5 cessations. The latest: Hans Raj Bishnoi ceased to be Director on 15 Sep 2020.

AGM
Ace Build Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ace Build Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Hans Raj Bishnoi ceased to be Director.
Ceased
Harinder Singh ceased to be Director.
Ceased
Narender Bishnoi ceased to be Additional Director.
Charges
A charge with Others of Rs. 310.00 Lakh registered on 24 Feb 1996 with Charge ID 80051951 was modified on 21 Sep 2016.
Ceased
Kamal Kansal ceased to be Director.
Ceased
Lal Chand Kansal ceased to be Director.
Appointed
Narender Bishnoi was appointed as Director.
Charges
A charge with Andhra Bank amounted to Rs. 80.00 Lakh with Charge ID 90170752 was registered on 24 Feb 1996.
Charges
A charge with Others amounted to Rs. 310.00 Lakh with Charge ID 80051951 was registered on 24 Feb 1996.
Appointed
Bhupinder Singh was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Ace Build is an active private limited company based in Chandigarh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 January 1983 (43+ years old) and is registered under CIN U45201CH1983PTC005243.

Ace Build has 2 current directors:

The latest financial statements of Ace Build on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ace Build is 04AABCA4198H2ZR, registered in Chandigarh. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 02AABCA4198H1ZW (Himachal Pradesh), 03AABCA4198H1ZU (Punjab), 07AABCA4198H1ZM (Delhi).

The CIN (Corporate Identification Number) of Ace Build is U45201CH1983PTC005243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace Build has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.

Ace Build was incorporated on 05 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Ace Build by revenue are Parker Estate Developers Private Limited, Ihc Infra Build Private Limited, Kalpana Dwellings Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Hans Raj Bishnoi ceased to be Director on 15 Sep 2020. Harinder Singh ceased to be Director on 01 Jun 2019. Narender Bishnoi ceased to be Additional Director on 30 Sep 2016. Ace Build has 7 board changes on record in total.

Yes, Ace Build is registered as a small enterprise under Udyam registration (number: UDYAM-CH-01-0004306).

Ace Build can be reached through the website acebuild.co.in. Its registered office is in Chandigarh, India.