Ace Components and Electronics Private Limited
About Ace Components and Electronics Private Limited
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Ace Components and Electronics Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 30 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA1981PTC004470.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sukumar Rangachari (Managing Director) and Meenakshi Sukumar.
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 C – 2 Kaveri Apartments 1st Cross Jayalakshmipuram, Mysore, Karnataka, India – 570012.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.57 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹16.5 Lakh and EBITDA of -₹16.48 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹90.82 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ace Components and Electronics Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 2 Kaveri Apartments 1st Cross Jayalakshmipuram, Mysore, Karnataka, India – 570012
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Ace Components and Electronics 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 activities of Ace Components and Electronics are manufacturing and support service to organizations. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| N | Support service to Organizations | N7 | Other support services to organizations |
Financials of Ace Components and Electronics Private Limited
FY 2025 filings availableAce Components and Electronics Private Limited reported revenue of ₹2.57 Lakh (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 85% fall in the latest year. EBITDA fell 102% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹16.48 Lakh | ||||
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| Net Profit (PAT) | -₹16.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Ace Components and Electronics Private Limited, buy the company report.
Board of directors of Ace Components and Electronics Private Limited
Ace Components and Electronics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukumar Rangachari | Managing Director | 30 Oct 1981 | 44 Years 11 Months | Current |
| Meenakshi Sukumar | Director | 30 Oct 1981 | 44 Years 11 Months | Current |
Auditor
Ace Components and Electronics Private Limited is audited by Rau & Nathan Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rau & Nathan Chartered Accountants | FY 2023 | 003178S |
Shareholding
The shareholding of Ace Components and Electronics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Components and Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2000 | 90192234 | Vijaya Bank | ₹16.8 Lakh | Satisfied | |
| 15 Jan 1997 | 90191773 | Vijaya Bank | ₹4 Lakh | Satisfied | |
| 17 Feb 1992 | 90190899 | Vijaya Bank] | ₹7 Lakh | Satisfied | |
| 24 Jul 1991 | 90190810 | Karnataka State Financial Corporation | ₹10.1 Lakh | Satisfied | |
| 31 Aug 1987 | 90190190 | Karnataka State Financial Corporation | ₹18.42 Lakh | Satisfied |
To see the full charge records of Ace Components and Electronics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ace Components and Electronics Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Court case (IID) | Filed against the company by an individual | Disposed |
To see the full case history of Ace Components and Electronics 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 Components and Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ace Components and Electronics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ace Components and Electronics Private Limited has 3 board changes on record since 1981: 2 appointments and 1 cessation. The latest: Sreedhar Rangachari ceased to be Director on 11 Aug 2018.
12 earlier events are in the company report.
Frequently asked questions
Ace Components and Electronics is an active private limited company based in Mysore, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 30 October 1981 (45+ years old) and is registered under CIN U31900KA1981PTC004470.
Ace Components and Electronics has 2 current directors:
- Sukumar Rangachari - Managing Director
- Meenakshi Sukumar - Director
The latest financial statements of Ace Components and Electronics 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 CIN (Corporate Identification Number) of Ace Components and Electronics is U31900KA1981PTC004470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Components and Electronics has 1 court case on record: 1 filed against it.
Ace Components and Electronics was incorporated on 30 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Sreedhar Rangachari ceased to be Director on 11 Aug 2018. Meenakshi Sukumar was appointed as Director on 30 Oct 1981. Sukumar Rangachari was appointed as Managing Director on 30 Oct 1981.
The registered office of Ace Components and Electronics is at C – 2 Kaveri Apartments 1st Cross Jayalakshmipuram, Mysore, Karnataka, India – 570012.
Ace Components and Electronics operates in the financial services industry, in the equipment leasing and financing segment.
Ace Components and Electronics has no open charges and satisfied charges of ₹90.82 Lakh as per latest MCA filings.