Ace Commercial Company Private Limited - Company Profile

It is a transport and logistics private limited company based in Bhubaneswar, Orissa, India, established in 1992.
1992 Bhubaneswar, Orissa, India Active
Last Updated:
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About Ace Commercial Company Private Limited

Ace Commercial Company Private Limited, a active private limited company, was established on 29 June 1992 in Bhubaneswar, Orissa, India. Engaging in cargo services within the transport and storage sector, it holds CIN: U60210OR1992PTC003097. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.63 Cr.

It upholds a compliant status. Employing 210 professional, Its leadership includes Dibyalok Patnaik (Director), Dharmaditya Patnaik (Managing Director), Sanjana Sanghamitra Das (Director). It holds ₹28.39 Cr open charges and ₹57.05 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 70 Forest Park, Bhubaneswar, Orissa, 751009.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U60210OR1992PTC003097

  • Registration Number

    003097

  • Incorporation Date

    29 June 1992

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.63 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.63 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.39 Cr
  • Satisfied Charges ₹ 57.05 Cr
  • Revenue Growth **** 35.81%
  • Profit Growth **** 141.08%
  • Ebitda **** 28.42%
  • Net Worth 8.78%
  • Total Assets **** 8.74%
Company report

Ace Commercial Company Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Commercial Company 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 Commercial Company Private Limited?
Current Directors
Name Designation Appointment Date Status
Dibyalok Patnaik Director 29 Jun 1992 Current
Dharmaditya Patnaik Managing Director 29 Jun 1992 Current
Sanjana Sanghamitra Das Director 01 Apr 2003 Current
Viraj Patnaik Additional Director 07 Feb 2025 Current

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Financial Performance of Ace Commercial Company.

Ace Commercial Company Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 35.81% increase. The company also saw a substantial improvement in profitability, with a 141.08% increase in profit. The company's net worth moved up by a moderate rise of 8.78%.

Ace Commercial Company revenue growth over time
Ace Commercial Company 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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 35.81%
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*******
*******
Revenue from Operations
*******
 35.32%
*******
*******
*******
*******
Total Assets
*******
 8.74%
*******
*******
*******
*******
Profit or Loss
*******
 141.08%
*******
*******
*******
*******
Net Worth
*******
 8.78%
*******
*******
*******
*******
EBITDA
*******
 28.42%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Commercial Company?

In 2024, Ace Commercial Company had a promoter holding of 100.00%. The company had 2 Subsidiaries. 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

₹283,893,810.00

Satisfied Charges

₹570,504,572.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 27.34 Cr
  • Others : 1.05 Cr
Latest Charge Details
Date Lender Amount Status
29 Oct 2024 Others ₹3.50 M Open
06 Sep 2024 Others ₹3.50 M Open
25 Jul 2024 Others ₹3.50 M Open
19 Mar 2024 Hdfc Bank Limited ₹4.99 M Open
22 Jan 2024 Hdfc Bank Limited ₹19.20 Cr Open

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How Many Employees Work at Ace Commercial Company?

Ace Commercial Company has a workforce of 210 employees as of Nov 02, 2025. 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 Commercial Company, 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 Commercial Company'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 Commercial Company
Recent Activity within the Organization
  • Director Appointment

    Progress on Viraj Patnaik was appointed as a Additional Director was appointed as a Additional Director on 07 Feb 2025 & has been associated with this company since 1 year 15 days . was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.20 Cr registered on 22 Jan 2024 with Charge ID 100872545 was modified on 14 Jan 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100999194 was registered on 29 Oct 2024. was documented.

  • Annual General Meeting

    Progress on Ace Commercial Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100980080 was registered on 06 Sep 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100977585 was registered on 25 Jul 2024. was completed.

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

The CIN of Ace Commercial Company Private Limited is U60210OR1992PTC003097.

Where is Ace Commercial Company Private Limited headquartered?

Ace Commercial Company Private Limited is headquartered at 70 Forest Park, Bhubaneswar, Orissa, 751009.

When was Ace Commercial Company Private Limited incorporated?

Ace Commercial Company Private Limited was incorporated on 29 June 1992.

Who are the current directors of Ace Commercial Company Private Limited?

The current directors of Ace Commercial Company Private Limited are

What is the primary industry of Ace Commercial Company Private Limited?

The primary industry of Ace Commercial Company Private Limited is Transport And Storage.

Is Ace Commercial Company Private Limited a listed company?

Ace Commercial Company Private Limited is unlisted.

What is the capital structure of Ace Commercial Company Private Limited?

The authorized capital of Ace Commercial Company Private Limited is ₹5.00 Cr, and the paid-up capital is ₹4.63 Cr.

What is the compliance status of Ace Commercial Company Private Limited?

The compliance status of Ace Commercial Company Private Limited is Compliant.

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