About Ace Forwarders Private Limited
Data last updated:
Ace Forwarders Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 08 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2012PTC230712. Its GSTIN is 27AAKCA5653Q1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bharat Shankarprasad Trivedi (Managing Director) and Rohit Rampal Mundra.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ace House Plot No. 41 Sector 6 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2023, the company reported a revenue of ₹389.55 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹13.48 Cr (net margin 3.5%) and EBITDA of ₹19.76 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 46% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46 Cr on record. Court records list 31 cases involving the company, including 31 filed by the company; 31 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceclearing.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressAce House Plot No. 41 Sector 6 Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services, Cargo Services
- 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
Business Activity of Ace Forwarders Private Limited
The main business activity of Ace Forwarders is transport and storage. In detail, this covers water transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ace Forwarders Private Limited FY 2023 filings available
Ace Forwarders Private Limited reported revenue of ₹389.55 Cr (down 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ace Forwarders Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 28% 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 of Ace Forwarders Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹389.55 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.48 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 of Ace Forwarders Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ace Forwarders are in the company report.
Financial statements from 2015
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.
Peer Comparison of Ace Forwarders Private Limited
Ace Forwarders Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreeji Shipping Global Limited | ₹586.84 Cr (FY 2025) | •••• | •••• | •••• | Kalavad, Gujarat, India | |
| Delhi Cargo Service Center Private Limited | ₹541.12 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Seabird Marine Services Private Limited | ₹482.06 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kalavad, Gujarat, India |
| Chennai International Terminals Private Limited | ₹421.92 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Winwin Lines Limited | ₹414.11 Cr (FY 2025) | •••• | •••• | 305.0% | •••• | Ahmedabad, Gujarat, India |
| Ace Forwarders Private Limited this company | ₹389.55 Cr (FY 2023) | •••• | •••• | -13.0% | •••• | Navi Mumbai, Maharashtra, India |
| Blue-Water Ship Management Private Limited | ₹372.57 Cr (FY 2022) | •••• | •••• | 172.0% | •••• | Mumbai, Maharashtra, India |
| Seaport Logistics Private Limited | ₹367.51 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Chennai, Tamil Nadu, India |
| South West Port Limited | ₹361.73 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Goa, India |
| M. Pallonji Logistics Private Limited | ₹358 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Worlds Window Infrastructure and Logistics Pvt Ltd | ₹342.91 Cr (FY 2019) | •••• | •••• | -2.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ace Forwarders by revenue in the Transport and Logistics industry (Bulk Cargo and Container), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ace Forwarders Private Limited
Ace Forwarders Private Limited is audited by V S T & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S T & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ace Forwarders Private Limited
Ace Forwarders has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Rampal Mundra | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Ameya Bharat Trivedi Also directs: Ishvarya Realty LLP | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Dilip Trimbak Sawant | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Narayan Ramchandra Chube | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Gauri Uday Sait | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Kalpana Bharat Trivedi Also directs: Ishvarya Realty LLP | Director | 08 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Ace Forwarders Private Limited
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 Forwarders Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | Hdfc Bank Limited | ₹2 Cr | Open |
| 28 Jun 2019 | Hdfc Bank Limited | ₹44 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Ace Forwarders Private Limited
Ace Forwarders Private Limited has 31 court cases on record: 31 filed by Ace Forwarders. All cases are pending. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 0 | 31 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Kirorimal Kashiram Marketing and Agencies Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Janki Freshyard Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against BMT Fastogistics Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against BVG Agrotech Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Fairfeel Exports Private Limited | Pending |
Full case history
All 31 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ace Forwarders Private Limited
Ace Forwarders Private Limited has a workforce of 43 employees as of Apr 06, 2024.
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.
Recent Activity on Ace Forwarders Private Limited
Ace Forwarders Private Limited has 14 board changes on record since 2012: 8 appointments and 6 cessations. The latest: Ameya Bharat Trivedi ceased to be Additional Director on 30 Sep 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ace Forwarders Private Limited
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 Forwarders Private Limited
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 Forwarders Private Limited
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.
GST Compliance of Ace Forwarders Private Limited
Ace Forwarders has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA5653Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 07AAKCA5653Q1Z0 | Delhi | Active | 09 Oct 2022 |
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.
MCA Filings & Documents of Ace Forwarders Private Limited
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.
Frequently Asked Questions about Ace Forwarders Private Limited
Ace Forwarders is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 08 May 2012 (14+ years old) and is registered under CIN U93030MH2012PTC230712.
Ace Forwarders reported revenue of ₹389.55 Cr for FY 2023 (down 13% YoY).
Ace Forwarders has 8 current directors:
- Bharat Shankarprasad Trivedi - Managing Director
- Rohit Rampal Mundra - Director
- Ameya Bharat Trivedi - Director
- Dilip Trimbak Sawant - Director
- Narayan Ramchandra Chube - Director
- Gauri Uday Sait - Director
- Kalpana Bharat Trivedi - Director
- Uday Pandurang Sait - Director
Ace Forwarders reported a net profit of ₹13.48 Cr (net margin 3.5%) and EBITDA of ₹19.76 Cr (EBITDA margin 5.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Forwarders is 32% over three years and 46% over five years. In the latest year (FY 2023) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Forwarders is 27AAKCA5653Q1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAKCA5653Q1Z0 (Delhi).
The CIN (Corporate Identification Number) of Ace Forwarders is U93030MH2012PTC230712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Forwarders has 31 court cases on record: 31 filed by the company. 31 are pending.
Ace Forwarders was incorporated on 08 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace Forwarders by revenue are Shreeji Shipping Global Limited, Delhi Cargo Service Center Private Limited, Seabird Marine Services Private Limited, Chennai International Terminals Private Limited, Winwin Lines Limited and 5 more, all in the Transport and Logistics industry (Bulk Cargo and Container).
Ameya Bharat Trivedi ceased to be Additional Director on 30 Sep 2022. Bharat Shankarprasad Trivedi ceased to be Director on 30 Sep 2022. Dilip Trimbak Sawant ceased to be Additional Director on 30 Sep 2022. Ace Forwarders has 14 board changes on record in total.