MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0029598
Ace Conveyors Private Limited
Ace Conveyors Private Limited - engineering in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.2 Cr
▲ 8% YoY
Net profit · FY 2024
₹1.75 Cr
Net margin 8.6%
EBITDA · FY 2024
₹2.39 Cr
EBITDA margin 11.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Satisfied charges
₹40 Lakh
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
46
Provident fund records
About Ace Conveyors Private Limited
Data last updated:
Ace Conveyors Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 27 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2008PTC180527. Its GSTIN is 27AAGCA9550N1Z4 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Tapas Umapada Sarkar (Managing Director) and Soma Tarit Sarkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at N – 55 M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.2 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 8.6%) and EBITDA of ₹2.39 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 22% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record.
Ace Conveyors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0029598). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28112MH2008PTC180527
Registration Number 180527
Incorporation Date 27 March 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0029598
Recognitions & Rankings of Ace Conveyors
Contact details
Ace Conveyors Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressN – 55 M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Ace Conveyors Private Limited, buy the company report.
Comprehensive company report
Ace Conveyors 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ace Conveyors is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Ace Conveyors Private Limited, buy the company report.
Financials of Ace Conveyors Private Limited
FY 2024 filings availableAce Conveyors Private Limited reported revenue of ₹20.2 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹20.2 Cr ▲ 8%
Net profit · FY 2024
₹1.75 Cr margin 8.6%
EBITDA · FY 2024
₹2.39 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 32%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 34%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 8% growth in the latest year. EBITDA rose 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.75 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 8.6% | ||||
| 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 Conveyors Private Limited, buy the company report.
Board of directors of Ace Conveyors Private Limited
Ace Conveyors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tapas Umapada Sarkar Also directs: Angami Foods Private Limited, Mecgale Agro Products Private Limited, Qes Engineering Private Limited and 3 more | Managing Director | 27 Mar 2008 | 18 Years 6 Months | Current |
| Soma Tarit Sarkar | Director | 27 Mar 2008 | 18 Years 6 Months | Current |
Auditor
Ace Conveyors Private Limited is audited by MAHESH RATHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH RATHI & CO. | FY 2023 | 105824W |
Shareholding
The shareholding of Ace Conveyors 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 Conveyors Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2010 | 10247174 | State Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Ace Conveyors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ace Conveyors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Ace Conveyors Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 130 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Vinay Engineering Company | |||
| Deepshikha Castings Private Limited | |||
| Bearing Centre |
To see the full MSME payment records of Ace Conveyors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ace Conveyors Private Limited has a workforce of 46 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
4.55%
GST
Ace Conveyors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA9550N1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Conveyors Private Limited, buy the company report.
Recent activity
Ace Conveyors Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Tapas Umapada Sarkar ceased to be Director on 19 Jun 2015.
AGM
Ace Conveyors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ace Conveyors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Tapas Umapada Sarkar ceased to be Director.
Charges
A charge registered on 29 Sep 2010 via Charge ID 10247174 with State Bank Of India was fully satisfied on 04 Feb 2015.
Charges
A charge with State Bank Of India of Rs. 40.00 Lakh registered on 29 Sep 2010 with Charge ID 10247174 was modified on 05 Oct 2010.
Charges
A charge with State Bank Of India amounted to Rs. 40.00 Lakh with Charge ID 10247174 was registered on 29 Sep 2010.
Appointed
Soma Tarit Sarkar was appointed as Director.
Appointed
Tapas Umapada Sarkar was appointed as Managing Director.
Incorporation
27 Mar 2008
Ace Conveyors Private Limited was registered on 27 Mar 2008 with Roc Mumbai & aged 18 years 7 months as per MCA records.
Frequently asked questions
Ace Conveyors is an active private limited company based in Nagpur, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 27 March 2008 (18+ years old) and is registered under CIN U28112MH2008PTC180527.
Ace Conveyors has 2 current directors:
- Tapas Umapada Sarkar - Managing Director
- Soma Tarit Sarkar - Director
The latest financial statements of Ace Conveyors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Conveyors is 27AAGCA9550N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Conveyors is U28112MH2008PTC180527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Conveyors was incorporated on 27 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Tapas Umapada Sarkar ceased to be Director on 19 Jun 2015. Soma Tarit Sarkar was appointed as Director on 27 Mar 2008. Tapas Umapada Sarkar was appointed as Managing Director on 27 Mar 2008.
Yes, Ace Conveyors is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0029598).
Ace Conveyors has 10 MSME Form 1 returns on record between 2019 and 2023, listing 130 overdue payments to 5 micro and small suppliers. The latest return was filed on 17 Jan 2024.
The registered office of Ace Conveyors is at N – 55 M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016.
Ace Conveyors operates in the engineering industry, in the engineering components retail and distribution segment.