Ace Engineering Solutions India Private Limited - Company Profile

It is a energy and power private limited company based in Pune, Maharashtra, India, established in 2018.
2018 Pune, Maharashtra, India Active
Last Updated:
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About Ace Engineering Solutions India Private Limited

Ace Engineering Solutions India Private Limited, a active private limited company, was established on 09 July 2018 in Pune, Maharashtra, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U29308PN2018PTC177591. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹9.25 Cr.

Employing 110 professional, Its leadership includes Angad Satvinder Kalra (Director), Ashok Kumar Sadhairam Shaw (Director), Prasanna Rama Rao Udupi (Director). Past directors included Ashok Kumar Sadhairam Shaw, Satvindersingh Jogindersingh Kalra. It holds ₹40.11 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. Pap-K-11, Chakan Midc Area Phase Ii, Khalumbre, Taluka Khed, Pune, Maharashtra, 410501.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U29308PN2018PTC177591

  • Registration Number

    177591

  • Incorporation Date

    09 July 2018

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹9.25 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.25 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.11 Cr
  • Revenue Growth **** 32.40%
  • Profit Growth **** 94.54%
  • Ebitda **** 74.47%
  • Net Worth 54.18%
  • Total Assets **** 63.65%
Company report

Ace Engineering Solutions India Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Ace Engineering Solutions India 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 Engineering Solutions India Private Limited?
Current Directors
Name Designation Appointment Date Status
Angad Satvinder Kalra Director 18 Dec 2018 Current
Ashok Kumar Sadhairam Shaw Director 01 Oct 2023 Current
Prasanna Rama Rao Udupi Director 09 Jul 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 11 Jan 2019 Past

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Financial Performance of Ace Engineering Solutions India.

Ace Engineering Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.4% increase. The company also saw a substantial improvement in profitability, with a 94.54% increase in profit. The company's net worth Soared by an impressive increase of 54.18%.

Ace Engineering Solutions India revenue growth over time
Ace Engineering Solutions India 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
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 32.40%
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*******
*******
*******
Revenue from Operations
*******
 31.81%
*******
*******
*******
*******
Total Assets
*******
 63.65%
*******
*******
*******
*******
Profit or Loss
*******
 94.54%
*******
*******
*******
*******
Net Worth
*******
 54.18%
*******
*******
*******
*******
EBITDA
*******
 74.47%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Engineering Solutions India?

In 2023, Ace Engineering Solutions India 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

₹401,067,529.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 39.58 Cr
  • Others : 0.53 Cr
Latest Charge Details
Date Lender Amount Status
18 Mar 2025 Axis Bank Limited ₹9.50 Cr Open
12 Feb 2025 Axis Bank Limited ₹3.12 M Open
30 Nov 2024 Axis Bank Limited ₹2.85 Cr Open
18 Oct 2024 Axis Bank Limited ₹3.30 M Open
06 May 2024 Axis Bank Limited ₹1.52 M Open

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How Many Employees Work at Ace Engineering Solutions India?

Ace Engineering Solutions India has a workforce of 110 employees as of Mar 27, 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 Engineering Solutions India, 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 Engineering Solutions India'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 Engineering Solutions India
Recent Activity within the Organization
  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 9.50 Cr with Charge ID 101068450 was registered on 18 Mar 2025. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101061255 was registered on 12 Feb 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 2.85 Cr with Charge ID 101018668 was registered on 30 Nov 2024. was documented.

  • Charges

    A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 04 Jun 2022 with Charge ID 100589007 was modified on 05 Nov 2024. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.33 Cr with Charge ID 101002925 was registered on 18 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    Ace Engineering Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ace Engineering Solutions India Private Limited?

The CIN of Ace Engineering Solutions India Private Limited is U29308PN2018PTC177591.

Where is Ace Engineering Solutions India Private Limited headquartered?

Ace Engineering Solutions India Private Limited is headquartered at Plot No. Pap-K-11, Chakan Midc Area Phase Ii, Khalumbre, Taluka Khed, Pune, Maharashtra, 410501.

When was Ace Engineering Solutions India Private Limited incorporated?

Ace Engineering Solutions India Private Limited was incorporated on 09 July 2018.

Who are the current directors of Ace Engineering Solutions India Private Limited?

The current directors of Ace Engineering Solutions India Private Limited are

What is the primary industry of Ace Engineering Solutions India Private Limited?

The primary industry of Ace Engineering Solutions India Private Limited is Manufacturing.

Is Ace Engineering Solutions India Private Limited a listed company?

Ace Engineering Solutions India Private Limited is unlisted.

What is the capital structure of Ace Engineering Solutions India Private Limited?

The authorized capital of Ace Engineering Solutions India Private Limited is ₹10.00 Cr, and the paid-up capital is ₹9.25 Cr.

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