About
Basic Data Updated:
1 month agoAce Designers Limited was founded with a focus on design, development, and manufacture of CNC lathes and iron castings. The company's main objective is to provide high-quality machine tools to various industries, with a specialization in the automotive and auto components sector. Its product range includes both standard CNC lathes and customized machines, equipped with tools to meet the specific requirements of OEMs and ancillaries. The company's clientele includes industries such as automotive, engineering, bearings, education, and defense. ADL's state-of-the-art manufacturing unit spans over 50,000 sq mtrs, showcasing its commitment to excellence. The company takes pride in its ISO 9001:2015 and ISO 14001:2015 certifications, which reflect its dedication to maintaining the highest standards of quality and environmental management.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U29199KA1986PLC007816 |
| Company No. | 007816 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 25 Sep 1986 |
| Date of AGM | 07 Nov 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Products or Services related to Ace Designers Limited
CNC Lathe Machine
CNC Vertical Machining Centers
CNC Turning Centers
IT Solutions
Financials of Ace Designers Limited
Ace Designers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 51.65% increase. The company also saw a substantial improvement in profitability, with a 361% increase in profit. The company's net worth moved up by a moderate rise of 9.23%.
Corporate Structure
Unlock access to Ace Designers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Ace Designers Limited
Unlock and access historical data on people associated with Ace Designers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Thirumalaimuppur Ramesh
Managing DirectorAppointment Date: 01-Apr-2023
Status: Current
Rajesh Ramegowda Company SecretaryAppointment Date: 01-Oct-2021
Status: Current
CS
Chakravarthy Srinivas CFOAppointment Date: 05-Jan-2024
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Aug 2021 | ₹40.00 Cr | Open |
Others Creation Date: 06 Jul 2021 | ₹15.00 Cr | Open |
Hdfc Bank Limited Creation Date: 20 Mar 2021 | ₹19.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Designers, 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 Designers's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Sinar Sheetmetal Solutions Private Limited
Active
4 years 11 months Ramadas Puttige is a mutual person
Murugappa Morgan Thermal Ceramics Ltd
Active 42 years 2 months Srinivasan Rangarajan is a mutual person
Indian Machine Tool Manufacturers Association
Active 51 years 2 months Srinivasan Rangarajan, Shrinivas Govindrao and 1 more are mutual person
Recent activity within the organization
Charges
A charge with Others of Rs. 15.00 cr registered on 06 Jul 2021 with Charge ID 100464365 was modified on 27 Mar 2024.
27 Mar 2024Director Appointment
Chakravarthy Venkata Vijaya Srinivas was appointed as a Cfo was appointed as a Cfo on 05 Jan 2024 & has been associated with this company since 4 months 22 days .
05 Jan 2024Annual General Meeting
Ace Designers Limited last Annual general meeting of members was held on 07 Nov 2023 as per latest MCA records.
07 Nov 2023Director Appointment
Benne Gopal Rao Dwarakanath was appointed as a Director was appointed as a Director on 20 Oct 2023 & has been associated with this company since 7 months 7 days .
20 Oct 2023Director Appointment
Ramadas Puttige was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Oct 2023 & has been associated with this company since 7 months 7 days .
20 Oct 2023
Frequently asked questions
What is the Incorporation or founding date of Ace Designers Limited?
