
About Ace Designers Limited
Data last updated:
Ace Designers Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 25 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29199KA1986PLC007816. Its GSTIN is 29AABCA2364F1ZW (Karnataka).
The company has an authorised share capital of ₹37.4 Cr and a paid-up capital of ₹19.27 Cr. It was formerly known as Ace Designers Private Limited and Anupam Machine Tools Private Limited. It is led by directors including Bimal Shukla (Managing Director) and Madhavi Chandrasekhara Bharathi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 7 & 8 II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,372.01 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹214.39 Cr (net margin 9%) and EBITDA of ₹328.89 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 37% over five years.
The company has about 729 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Ace Designers and Ace Micromatic Group. As per MCA filings, the company has open charges of ₹191.83 Cr and satisfied charges of ₹538.08 Cr on record. Court records list 33 cases involving the company, including 16 filed by the company and 12 filed against it; 4 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹400 Cr; the latest was in April 2025. Its 6 peer companies in the Machinery and Equipment industry (Machine Tools) are compared by revenue, 1 larger and 5 smaller; the largest is LMW Limited with revenue of ₹4,839.38 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 3,540 overdue payments to 176 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acemicromatic.net.
Name History of Ace Designers Limited
Ace Designers has undergone 3 name changes throughout its history. The company was previously known as Ace Designers Private Limited, Anupam Machine Tools Private Limited, and Anupam Machine Tools Limited. The current legal name is Ace Designers Limited.
| Company Name | Status |
|---|---|
| Ace Designers Limited | Current |
| Ace Designers Private Limited | Previous |
| Anupam Machine Tools Private Limited | Previous |
| Anupam Machine Tools Limited | Previous |
CIN History of Ace Designers Limited
Ace Designers has one previous CIN (Corporate Identification Number): U29199KA1986PTC007816. The current CIN is U29199KA1986PLC007816, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29199KA1986PLC007816 | Current |
| U29199KA1986PTC007816 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 7 & 8 II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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
- One PDF report, delivered after checkout
Associated Brands with Ace Designers Limited
Ace Designers operates two associated brands: Ace Designers and Ace Micromatic Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of CNC milling, turning, and grinding machinery | acemicromatic.net | |
| Manufacturing of CNC machines and tools, along with sales and service support in India. | acedesigners.co.in |
Business Activity of Ace Designers Limited
The main business activity of Ace Designers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ace Designers Limited FY 2025 filings available
Ace Designers Limited reported revenue of ₹2,372.01 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ace Designers Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 6% growth in the latest year. EBITDA rose 29% 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 of Ace Designers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹328.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹214.39 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 of Ace Designers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ace Designers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ace Designers Limited
Ace Designers has 10 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Rangarajan Also directs: TTK Prestige Limited, Murugappa Morgan Thermal Ceramics Ltd, Sterling Abrasives Limited and 1 more | Director | 09 Feb 2002 | 24 Years 8 Months | Current |
| Shuba Rao Mayya | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Madhavi Chandrasekhara Bharathi | Whole-Time Director | 01 May 2025 | 1 Years 5 Months | Current |
| Thirumalaimuppur Ramesh Also directs: Indian Machine Tool Manufacturers Association, Taurus Private Limited, Amace Solutions Private Limited and 1 more | Whole-Time Director | 11 Feb 2023 | 3 Years 8 Months | Current |
| Ajay Hari Tandon Also directs: Kalyani Forge Limited, Marvel GDC Private Limited, Arjas Steel Private Limited and 2 more | Nominee Director | 25 Jun 2025 | 1 Years 3 Months | Current |
| Rahul Badrinarayan Chhaparwal Also directs: HKR Roadways Limited | Nominee Director | 25 Jun 2025 | 1 Years 3 Months | Current |
Peer Comparison of Ace Designers Limited
Ace Designers Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| LMW Limited Listed | ₹4,839.38 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ace Designers Limited this company | ₹2,372.01 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Bharat Fritz Werner Limited | ₹1,455.9 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Sandvik Coromant India Private Limited | ₹1,301.4 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Kennametal India Limited Listed | ₹990.7 Cr (FY 2022) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Phillips Machine Tools India Private Limited | ₹951.41 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Thane, Maharashtra, India |
| Ace Manufacturing Systems Limited | ₹885.85 Cr (FY 2023) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ace Designers by revenue in the Machinery and Equipment industry (Machine Tools), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ace Designers Limited
Ace Designers Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ace Designers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ace Designers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2025 | Karnataka Bank Ltd. | ₹38.33 Cr | Open |
| 06 Jul 2021 | Others | ₹15 Cr | Open |
| 20 Mar 2021 | Hdfc Bank Limited | ₹19 Cr | Open |
| 21 Sep 2020 | Hdfc Bank Limited | ₹60 Cr | Open |
| 01 Aug 2019 | Standard Chartered Bank | ₹8 Cr | Open |
Total charge records: 23 View all charges
Deals & Funding of Ace Designers Limited
Ace Designers Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹400 Cr; the latest was in April 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Funding round | ₹400 Cr | Investors: Kotak Strategic Solutions India Fund II, Kotak Alternate Asset Managers Limited |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: G D Shirgurkar Huf |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ace Designers Limited
Ace Designers Limited has 33 court cases on record: 16 filed by Ace Designers, 12 filed against it, 5 where it is another party. 4 cases are pending and 29 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 8 | 3 |
| District courts | 15 | 4 | 1 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Neepuna Manufacturing Solutions Private Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Marshall Machines Limited | Disposed |
| District court, North, Delhi | Court case (TM) | Filed against the company by Marshall Machines Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
Full case history
All 33 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Ace Designers Limited
Ace Designers Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 3,540 overdue payments to 176 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 176)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| National Engineering Company | •••• | •••• | •••• |
| Kulkarni Machine Tools Private Limited | •••• | •••• | •••• |
| Stellas Intertraders | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ace Designers Limited
Ace Designers Limited has a workforce of 729 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ace Designers Limited
Ace Designers has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Taurus Private Limited | U00292KA1984PTC006169 | Locked |
| Amace Solutions Private Limited | U29308KA2018PTC116823 | Locked |
| Ace Micromatic International Private Limited | U51505KA2019PTC130883 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Ace Designers Limited
Ace Designers Limited has 26 board changes on record since 2002: 10 appointments and 16 cessations. The latest: Bimal Shukla was appointed as Managing Director on 08 Jun 2026.
73 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ace Designers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ace Designers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ace Designers Limited
Ace Designers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA2364F1ZW | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ace Designers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Ace Designers Limited
Frequently Asked Questions about Ace Designers Limited
Ace Designers is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 25 September 1986 (40+ years old) and is registered under CIN U29199KA1986PLC007816.
Ace Designers reported revenue of ₹2,372.01 Cr for FY 2025 (up 6% YoY).
Ace Designers has 10 current directors:
- Bimal Shukla - Managing Director
- Madhavi Chandrasekhara Bharathi - Whole-Time Director
- Thirumalaimuppur Ramesh - Whole-Time Director
- Preeti Maria Machado - Whole-Time Director
- Srinivasan Rangarajan - Director
- Shuba Rao Mayya - Director
- Ajay Hari Tandon - Nominee Director
- Rahul Badrinarayan Chhaparwal - Nominee Director
- Vishwas Ramadas Puttige - Director
- Benne Gopal Rao Dwarakanath - Director
Ace Designers reported a net profit of ₹214.39 Cr (net margin 9%) and EBITDA of ₹328.89 Cr (EBITDA margin 13.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Designers is 34% over three years and 37% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Designers is 29AABCA2364F1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Ace Designers is U29199KA1986PLC007816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Designers has 33 court cases on record: 16 filed by the company and 12 filed against it. 4 are pending. Most are in the high courts.
Ace Designers was incorporated on 25 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Bangalore.
Ace Designers has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹400 Cr; the latest was in April 2025.
The peers of Ace Designers by revenue are LMW Limited, Bharat Fritz Werner Limited, Sandvik Coromant India Private Limited, Kennametal India Limited, Phillips Machine Tools India Private Limited and 1 more, all in the Machinery and Equipment industry (Machine Tools).
Bimal Shukla was appointed as Managing Director on 08 Jun 2026. Ajay Hari Tandon was appointed as Nominee Director on 25 Jun 2025. Rahul Badrinarayan Chhaparwal was appointed as Nominee Director on 25 Jun 2025. Ace Designers has 26 board changes on record in total.