MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0042961
Ace Embedded Intensive Care Units Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.75 Cr
▼ 55% YoY
Net loss · FY 2024
₹11.51 Cr
Net margin -148.6%
EBITDA · FY 2024
-₹7.9 Cr
EBITDA margin -102%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹16.84 Cr
Satisfied ₹3 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
124
Provident fund records
About Ace Embedded Intensive Care Units Private Limited
Data last updated:
Ace Embedded Intensive Care Units Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 23 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114976. Its GSTIN is 29AARCA1473H1ZC (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2 Cr. It is led by director Jagadish Jayanand.
Its last annual general meeting (AGM) was held on 12 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.75 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹11.51 Cr (net margin -148.6%) and EBITDA of -₹7.9 Cr (EBITDA margin -102%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 70% over five years.
The company has about 124 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Embedded Intensive Care Units. As per MCA filings, the company has open charges of ₹16.84 Cr and satisfied charges of ₹3 Cr on record. Court records list 28 cases involving the company, including 1 filed by the company and 27 filed against it; 15 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.24 Cr; the latest was in June 2022.
Ace Embedded Intensive Care Units Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0042961). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceicu.com.
Company details
CIN U74999KA2018PTC114976
Registration Number 114976
Incorporation Date 23 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 October 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0042961
Key People
Jagadish Jayanand Director Recognitions & Rankings of Ace Embedded Intensive Care Units
Contact details
Ace Embedded Intensive Care Units Private Limited's registered office is in Bangalore, Karnataka. Its website is aceicu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 9 Tkn Tower, Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Ace Embedded Intensive Care Units Private Limited, buy the company report.
Comprehensive company report
Ace Embedded Intensive Care Units 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
Brands
Ace Embedded Intensive Care Units operates one associated brand: Ace Embedded Intensive Care Units. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Healthcare technology services for intensive care units are provided. | aceicu.com |
Business activity
The main business activity of Ace Embedded Intensive Care Units is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Ace Embedded Intensive Care Units Private Limited, buy the company report.
Financials of Ace Embedded Intensive Care Units Private Limited
FY 2024 filings availableAce Embedded Intensive Care Units Private Limited reported revenue of ₹7.75 Cr (down 55% YoY) for FY 2024.
Revenue · FY 2024
₹7.75 Cr ▼ 55%
Net loss · FY 2024
₹11.51 Cr margin -148.6%
EBITDA · FY 2024
-₹7.9 Cr margin -102%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 24%
5 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▼ 946%
3 years · compounded
▼ 179%
5 years · compounded
▼ 190%
Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 946% 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 | -₹7.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.51 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 | -102% | ||||
| Net Profit Margin | -148.6% | ||||
| 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 Embedded Intensive Care Units Private Limited, buy the company report.
Board of directors of Ace Embedded Intensive Care Units Private Limited
Ace Embedded Intensive Care Units has 1 current director and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadish Jayanand | Director | 25 Feb 2020 | 6 Years 7 Months | Current |
Auditor
Ace Embedded Intensive Care Units Private Limited is audited by NAGENDRA REDDY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGENDRA REDDY & ASSOCIATES | FY 2023 | 016280S |
Shareholding
The shareholding of Ace Embedded Intensive Care Units 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 Embedded Intensive Care Units Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.84 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2024 | 100930340 | Others | ₹64.2 Lakh | Open | |
| 15 May 2024 | 100930344 | Others | ₹26 Lakh | Open | |
| 09 May 2023 | 100721099 | Others | ₹93.13 Lakh | Open | |
| 15 Mar 2022 | 100572026 | Canara Bank | ₹15.01 Cr | Open | |
| 30 Mar 2021 | 100435152 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Ace Embedded Intensive Care Units Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ace Embedded Intensive Care Units Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.24 Cr; the latest was in June 2022.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹6.24 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹4 Cr | Investors: Manish Realities Private Limited |
| Dec 2021 | Funding round | ₹2.24 Cr | Investors: an individual |
| Nov 2021 | Rights issue | ₹1.36 Cr | Investors: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ace Embedded Intensive Care Units Private Limited has 28 court cases on record: 1 filed by Ace Embedded Intensive Care Units, 27 filed against it. 15 cases are pending and 13 are disposed.
Total cases
28
Filed by the company
1
Filed against the company
27
Pending
15
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 14 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Stryker India Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Plus Health Tech Ventures Pvt Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Clix Capital Services Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Stryker India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Hinduja Leyland Finance Ltd. | Disposed |
To see the full case history of Ace Embedded Intensive Care Units Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Ace Embedded Intensive Care Units Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Embedded Intensive Care Units Private Limited has a workforce of 124 employees on its EPFO records as of Nov 12, 2024, across 1 active EPFO establishment.
Employee count
124
Active EPFO establishments
1
Employee growth
300%
GST
Ace Embedded Intensive Care Units has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA1473H1ZC | Karnataka | Active | 21 Apr 2019 |
To see the full GST registrations and return filing status of Ace Embedded Intensive Care Units Private Limited, buy the company report.
Recent activity
Ace Embedded Intensive Care Units Private Limited has 11 board changes on record since 2018: 6 appointments and 5 cessations. The latest: Tejpal Hegde ceased to be Additional Director on 02 Jun 2025.
Ceased
Tejpal Hegde ceased to be Additional Director.
AGM
Ace Embedded Intensive Care Units Private Limited last Annual general meeting of members was held on 12 Oct 2024 as per latest MCA records.
Ceased
Ramani Iyer ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.64 Cr with Charge ID 100930340 was registered on 15 May 2024.
Charges
A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100930344 was registered on 15 May 2024.
Filing
Ace Embedded Intensive Care Units Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Ramani Iyer was appointed as Additional Director.
Ceased
Rekha Hanja Rajendra ceased to be Additional Director.
Ceased
Rayapati Vijay ceased to be Director.
Appointed
Tejpal Hegde was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 0.93 Cr with Charge ID 100721099 was registered on 09 May 2023.
Charges
A charge with Canara Bank of Rs. 15.01 Cr registered on 15 Mar 2022 with Charge ID 100572026 was modified on 03 Jan 2023.
9 earlier events are in the company report.
Frequently asked questions
Ace Embedded Intensive Care Units is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 23 July 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114976.
Ace Embedded Intensive Care Units has 1 current director:
- Jagadish Jayanand - Director
The latest financial statements of Ace Embedded Intensive Care Units on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 October 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ace Embedded Intensive Care Units is 29AARCA1473H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Ace Embedded Intensive Care Units is U74999KA2018PTC114976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Embedded Intensive Care Units has 28 court cases on record: 1 filed by the company and 27 filed against it. 15 are pending. Most are in the district courts.
Ace Embedded Intensive Care Units was incorporated on 23 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Ace Embedded Intensive Care Units has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.24 Cr; the latest was in June 2022.
Tejpal Hegde ceased to be Additional Director on 02 Jun 2025. Ramani Iyer ceased to be Additional Director on 20 Jun 2024. Ramani Iyer was appointed as Additional Director on 05 Dec 2023. Ace Embedded Intensive Care Units has 11 board changes on record in total.
Yes, Ace Embedded Intensive Care Units is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0042961).