- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0012169

About Ace Electromagnetics Private Limited
Data last updated:
Ace Electromagnetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29308MH2006PTC162739. Its GSTIN is 27AAFCA7394D1ZK (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dayakshini Yogesh Shetty and Yogesh Balakrishna Shetty.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.5 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Lakh (net margin 1.1%) and EBITDA of ₹37.4 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.3 Cr on record.
Ace Electromagnetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012169). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceelectromagnetics.com.
Company details
Recognitions & Rankings of Ace Electromagnetics
Contact details
Ace Electromagnetics Private Limited's registered office is in Mumbai, Maharashtra. Its website is aceelectromagnetics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address61 Bindal Industrial Premises Chs. Behind Lathia Rubber Sakinaka Andheri, (East), Mumbai, Maharashtra, India – 400072
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ace Electromagnetics 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 activity of Ace Electromagnetics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ace Electromagnetics Private Limited, buy the company report.
Financials of Ace Electromagnetics Private Limited
FY 2025 filings availableAce Electromagnetics Private Limited reported revenue of ₹2.5 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 71% 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 | ₹37.4 Lakh | ||||
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| Net Profit (PAT) | ₹2.75 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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| EBITDA Margin | 15% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Ace Electromagnetics Private Limited, buy the company report.
Board of directors of Ace Electromagnetics Private Limited
Ace Electromagnetics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dayakshini Yogesh Shetty Also directs: NDV Healthcare Private Limited | Director | 20 Jun 2006 | 20 Years 4 Months | Current |
| Yogesh Balakrishna Shetty Also directs: Phoenix Cellulose Private Limited, Papsco Private Limited, Iglow Lighting Solutions Private Limited and 2 more | Director | 20 Jun 2006 | 20 Years 4 Months | Current |
Auditor
Ace Electromagnetics Private Limited is audited by M R SHARMA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R SHARMA & CO | FY 2022 | 109965W |
Shareholding
The shareholding of Ace Electromagnetics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Electromagnetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2023 | 100865439 | Hdfc Bank Limited | ₹2.55 Cr | Open | |
| 13 Apr 2022 | 100586203 | Others | ₹1.55 Cr | Open | |
| 18 Jul 2020 | 100368553 | Others | ₹25 Lakh | Open | |
| 28 Jan 2018 | 100179371 | Others | ₹1.45 Cr | Open | |
| 13 Mar 2014 | 10488922 | Others | ₹1.2 Cr | Open |
To see the full charge records of Ace Electromagnetics Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Ace Electromagnetics 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
No delayed payments to MSME suppliers are on our record for Ace Electromagnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Electromagnetics Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ace Electromagnetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA7394D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Electromagnetics Private Limited, buy the company report.
Recent activity
Ace Electromagnetics Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Dayakshini Yogesh Shetty was appointed as Director on 20 Jun 2006.
3 earlier events are in the company report.
Frequently asked questions
Ace Electromagnetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 June 2006 (20+ years old) and is registered under CIN U29308MH2006PTC162739.
Ace Electromagnetics has 2 current directors:
- Dayakshini Yogesh Shetty - Director
- Yogesh Balakrishna Shetty - Director
The latest financial statements of Ace Electromagnetics 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 GSTIN of Ace Electromagnetics is 27AAFCA7394D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Electromagnetics is U29308MH2006PTC162739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Electromagnetics was incorporated on 20 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Dayakshini Yogesh Shetty was appointed as Director on 20 Jun 2006. Yogesh Balakrishna Shetty was appointed as Director on 20 Jun 2006.
Yes, Ace Electromagnetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0012169).
Ace Electromagnetics can be reached through the website aceelectromagnetics.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ace Electromagnetics is at 61 Bindal Industrial Premises Chs. Behind Lathia Rubber Sakinaka Andheri, East, Mumbai, Maharashtra, India – 400072.