Ace Cooling System Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Chennai, Tamil Nadu, India, established in 2002.
2002 Chennai, Tamil Nadu, India Active
Last Updated:
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About Ace Cooling System Private Limited

Ace Cooling System Private Limited, a active private limited company, was established on 17 May 2002 in Chennai, Tamil Nadu, India. Engaging in electronic appliances retail & distribution within the manufacturing sector, it holds CIN: U29192TN2002PTC048948. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.53 M.

It upholds a compliant status. Employing 2 professional, Its leadership includes Nagarajan (Managing Director), Nagarajan Barath (Director). Past directors included Alamelu, Nagarajan Barath. It holds ₹1.21 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at No. 14/25A, 46Th Street, Manthope Colony, 7Th Avenue, Ashok Nagar, Chennai, Tamil Nadu, 600083.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U29192TN2002PTC048948

  • Registration Number

    048948

  • Incorporation Date

    17 May 2002

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.53 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.53 M
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 1.21 Cr
  • Revenue Growth **** -52.21%
  • Profit Growth **** -3294.64%
  • Ebitda **** -199.27%
  • Net Worth -61.14%
  • Total Assets -10.64%
Company report

Ace Cooling System Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Cooling System 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 Cooling System Private Limited?
Current Directors
Name Designation Appointment Date Status
Nagarajan Managing Director 17 May 2002 Current
Nagarajan Barath Director 04 Mar 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Dec 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past

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Financial Performance of Ace Cooling System.

Ace Cooling System Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 52.21% decrease. The company also saw a substantial fall in profitability, with a 3294.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.14%.

Ace Cooling System revenue growth over time
Ace Cooling System 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
********
 -52.21%
*******
*******
*******
*******
Revenue from Operations
*******
 -52.75%
*******
*******
*******
*******
Total Assets
*******
 -10.64%
*******
*******
*******
*******
Profit or Loss
*******
 -3294.64%
*******
*******
*******
*******
Net Worth
*******
 -61.14%
*******
*******
*******
*******
EBITDA
*******
 -199.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Cooling System?

In 2020, Ace Cooling System had a promoter holding of 100.00%. 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

₹12,065,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.94 Cr
  • Bank Of Maharashtra : 0.17 Cr
  • Canara Bank : 0.09 Cr
Latest Charge Details
Date Lender Amount Status
22 Oct 2013 Canara Bank ₹0.93 M Open
15 Jun 2008 Others ₹9.44 M Open
25 Feb 2005 Bank Of Maharashtra ₹1.40 M Open
13 Jul 2004 Bank Of Maharashtra ₹0.30 M Open

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How Many Employees Work at Ace Cooling System?

Ace Cooling System has a workforce of 2 employees as of Mar 29, 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 Cooling System, 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 Cooling System'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 Cooling System
Recent Activity within the Organization
  • Annual General Meeting

    Ace Cooling System Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Ace Cooling System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai. was documented.

  • Director Appointment

    The activity Nagarajan Barath was appointed as a Director was appointed as a Director on 04 Mar 2019 & has been associated with this company since 7 years 22 days . was completed.

  • Charges

    A charge with Others of Rs. 9.44 M registered on 15 Jun 2008 with Charge ID 10116617 was modified on 07 Feb 2017. was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.93 M with Charge ID 10459480 was registered on 22 Oct 2013. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 9.44 M with Charge ID 10116617 was registered on 15 Jun 2008. was completed.

Explore recent activity and updates - View Recent Activity

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

The CIN of Ace Cooling System Private Limited is U29192TN2002PTC048948.

Where is Ace Cooling System Private Limited headquartered?

Ace Cooling System Private Limited is headquartered at No. 14/25A, 46Th Street, Manthope Colony, 7Th Avenue, Ashok Nagar, Chennai, Tamil Nadu, 600083.

When was Ace Cooling System Private Limited incorporated?

Ace Cooling System Private Limited was incorporated on 17 May 2002.

Who are the current directors of Ace Cooling System Private Limited?

The current directors of Ace Cooling System Private Limited are

What is the primary industry of Ace Cooling System Private Limited?

The primary industry of Ace Cooling System Private Limited is Manufacturing.

Is Ace Cooling System Private Limited a listed company?

Ace Cooling System Private Limited is unlisted.

What is the capital structure of Ace Cooling System Private Limited?

The authorized capital of Ace Cooling System Private Limited is ₹1.00 M, and the paid-up capital is ₹0.53 M.

What is the compliance status of Ace Cooling System Private Limited?

The compliance status of Ace Cooling System Private Limited is Compliant.

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