About Ace Footmark Private Limited
Data last updated:
Ace Footmark Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 07 July 2000.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19201DL2000PTC106650. Its GSTIN is 06AADCA8724D1ZY (Haryana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Arjun Puri and Vipin Puri.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 253 2nd Floor Greater Kailash Part – 1, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2021, the company reported a revenue of ₹26.58 Cr. For the same year it recorded a net loss of ₹7.79 Cr (net margin -29.3%) and EBITDA of -₹6.25 Cr (EBITDA margin -23.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Footmark. As per MCA filings, the company has open charges of ₹23.56 Cr and satisfied charges of ₹43.54 Cr on record. Court records list 64 cases involving the company, including 26 filed by the company and 38 filed against it; 15 cases are pending.
The last known website on record is acefootmark.com.
Company details
Contact details
Ace Footmark Private Limited's registered office is in New Delhi, Delhi. Its website is acefootmark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 253 2nd Floor Greater Kailash Part – 1, New Delhi, Delhi, India – 110048
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Ace Footmark 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
Brands
Ace Footmark operates one associated brand: Ace Footmark. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides advertising services including campaign planning and media placement. | acefootmark.com |
Business activity
The main business activity of Ace Footmark is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ace Footmark Private Limited, buy the company report.
Financials of Ace Footmark Private Limited
FY 2021 filings availableAce Footmark Private Limited reported revenue of ₹26.58 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years. EBITDA fell 952% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹6.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.79 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.5% | ||||
| Net Profit Margin | -29.3% | ||||
| 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 Footmark Private Limited, buy the company report.
Board of directors of Ace Footmark Private Limited
Ace Footmark has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Puri | Additional Director | 27 Sep 2021 | 5 Years 0 Months | As last reported |
| Arjun Puri Also directs: Saraswati Timber Private Limited, Advance Shoes Private Limited | Director | 07 Jul 2000 | 26 Years 3 Months | As last reported |
Auditor
Ace Footmark Private Limited is audited by Dhyani & Associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhyani & Associates | FY 2020 | 531548 |
Shareholding
The shareholding of Ace Footmark Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Footmark Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2017 | 100172888 | State Bank of India | ₹23.56 Cr | Open | |
| 06 May 2011 | 10289399 | State Bank of India | ₹5.23 Cr | Satisfied | |
| 03 Jan 2011 | 10263968 | Others | ₹25.41 Cr | Satisfied | |
| 12 Jan 2010 | 10260509 | Punjab National Bank | ₹6.25 Cr | Satisfied | |
| 30 Sep 2009 | 10186015 | Icici Home Finance Company Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Ace Footmark Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Ace Footmark Private Limited has 64 court cases on record: 26 filed by Ace Footmark, 38 filed against it. 15 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 35 | 14 |
| High courts | 3 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Bajaj Rubber Company Pvt. Ltd. | Pending |
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed against the company by Bansal Petro Oil Pvt. Ltd. (10000 | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Swastik Interchem Pvt Ltd | Pending |
| NCLT, Principal Bench | Insolvency matter | Filed against the company by Rajshila Synthetics Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Flexilis Pvt. Ltd. | Disposed |
To see the full case history of Ace Footmark 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.
Credit ratings & regulatory alerts
Ace Footmark Private Limited was last rated by Care on 20 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ace Footmark Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Footmark Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ace Footmark has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Ace Footmark Private Limited has a workforce of 6 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Ace Footmark has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCA8724D1ZY | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Footmark Private Limited, buy the company report.
Recent activity
Ace Footmark Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Akash Kapoor ceased to be Director on 30 Mar 2022.
25 earlier events are in the company report.
Frequently asked questions
Ace Footmark is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ace Footmark is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 07 July 2000 and is registered under CIN U19201DL2000PTC106650. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ace Footmark has 2 current directors:
- Vipin Puri - Additional Director
- Arjun Puri - Director
The latest financial statements of Ace Footmark on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ace Footmark is U19201DL2000PTC106650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Footmark has open charges of ₹23.56 Cr and satisfied charges of ₹43.54 Cr as per latest MCA filings.
Ace Footmark has 64 court cases on record: 26 filed by the company and 38 filed against it. 15 are pending. Most are in the district courts.
Ace Footmark was incorporated on 07 July 2000. It is registered with the Registrar of Companies, Delhi.
Akash Kapoor ceased to be Director on 30 Mar 2022. Vipin Puri was appointed as Additional Director on 27 Sep 2021. Prabha Lamba ceased to be Director on 10 Jan 2017. Ace Footmark has 5 board changes on record in total.
Ace Footmark can be reached through the website acefootmark.com. Its registered office is in New Delhi, Delhi, India.