Ace Fabrics LLP
About Ace Fabrics LLP
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Ace Fabrics LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAR-3852. Its GSTIN is 24ABQFA7082B1ZI (Gujarat).
The LLP has a total obligation of contribution of ₹3 Lakh. It is led by designated partners including Jay Gaurangkumar Bhagat and Mikul Dashrathbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Survey No: 174 Saijpur – Gopalpur Pirana Road Piplej, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹143.79 Cr, reflecting significant growth compared to the previous year.
As per MCA filings, the LLP has open charges of ₹42.36 Cr on record.
Ace Fabrics LLP is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0012461).
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- Registered AddressSurvey No: 174 Saijpur – Gopalpur Pirana Road Piplej, Ahmedabad, Gujarat, India – 382405
- IndustryFashion and Textile, Designer & Branded Fashion
- 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
Auditor Details of Ace Fabrics LLP
Auditor information for Ace Fabrics LLP provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Designated Partners of Ace Fabrics LLP
Ace Fabrics has 5 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Gaurangkumar Bhagat Also directs: Lbtex Private Limited | Designated Partner | 23 Dec 2019 | 6 Years 9 Months | Current |
| Mikul Dashrathbhai Patel | Designated Partner | 10 Jul 2020 | 6 Years 2 Months | Current |
| Priyen Dashrathbhai Patel | Designated Partner | 10 Jul 2020 | 6 Years 2 Months | Current |
| Rajesh Premchand Bindal Also directs: Chiripal Industries Limited, Narol Textile Infrastructure & Enviro Management, Chiripal Industrial Park Private Limited and 1 more | Designated Partner | 18 Feb 2021 | 5 Years 7 Months | Current |
| Rahul Jitendrakumar Shah | Designated Partner | 23 Dec 2019 | 6 Years 9 Months | Current |
Financials of Ace Fabrics LLP FY 2025 filings available
Ace Fabrics LLP reported revenue of ₹143.79 Cr (up 1443.04% YoY) for FY 2021.
Financial Statement Summary of Ace Fabrics LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ₹143.79 Cr | •••• |
| Other Income | •••• | •••• |
| Total Income | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• |
| Personnel Expenses | •••• | •••• |
| Administrative Expenses | •••• | •••• |
| Interest | •••• | •••• |
| Depreciation | •••• | •••• |
| Total Expenses | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax | •••• | •••• |
| Profit After Tax | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• |
| Assets and Liabilities | ||
| Partners' Contribution | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Secured Loans | •••• | •••• |
| Unsecured Loans | •••• | •••• |
| Trade Payables | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Loans and Advances | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Ace Fabrics LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | •••• | •••• |
| Return on Partners' Funds | •••• | •••• |
| Return on Assets | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• |
| Interest Coverage | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Turnover Growth | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Ace Fabrics are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of Ace Fabrics LLP
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 Fabrics LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2021 | Hdfc Bank Limited | ₹20 Cr | Open |
| 25 May 2020 | State Bank of India | ₹22.36 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Ace Fabrics LLP
Employment history and EPFO contributions of people linked to Ace Fabrics.
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.
GST Compliance of Ace Fabrics LLP
Ace Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABQFA7082B1ZI | Gujarat | Active | 04 Jan 2020 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Ace Fabrics LLP
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.
MSME Payment Delays by Ace Fabrics LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ace Fabrics LLP
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.
MCA Filings & Documents of Ace Fabrics LLP
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.
Recent Activity on Ace Fabrics LLP
Frequently Asked Questions about Ace Fabrics LLP
Ace Fabrics is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under LLPIN AAR-3852.
Ace Fabrics reported revenue of ₹143.79 Cr for FY 2021 (up 1443.04% YoY).
Ace Fabrics has 5 current designated partners:
- Jay Gaurangkumar Bhagat - Designated Partner
- Mikul Dashrathbhai Patel - Designated Partner
- Priyen Dashrathbhai Patel - Designated Partner
- Rajesh Premchand Bindal - Designated Partner
- Rahul Jitendrakumar Shah - Designated Partner
The GSTIN of Ace Fabrics is 24ABQFA7082B1ZI, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Ace Fabrics is AAR-3852. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ace Fabrics was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yes, Ace Fabrics is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0012461).
The registered office of Ace Fabrics is at Survey No: 174 Saijpur – Gopalpur Pirana Road Piplej, Ahmedabad, Gujarat, India – 382405.
The total obligation of contribution is ₹3 Lakh.