Ace Furnaces Private Limited - Company Profile

It is a machinery and equipment private limited company based in Thane, Maharashtra, India, established in 2014.
2014 Thane, Maharashtra, India Active
Last Updated:
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About Ace Furnaces Private Limited

Ace Furnaces Private Limited, a active private limited company, was established on 24 February 2014 in Thane, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29242MH2014PTC253538. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 82 professional, Its leadership includes Nitin Jagannath Phirake (Director), Kailash Vishnu Nasta (Director), Rhea Kailash Nasta (Director). Past directors included Prakash Dharamdas Mehta, Prashant Dattatray Patil, Sheikh Aslam Kalandar Mansoori. It holds ₹12.62 Cr open charges and ₹17.40 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No. 130, 1St Floor, Lodha Supremus Ii, Road No. 22, Wagle Estate, Thane, Maharashtra, 400604.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29242MH2014PTC253538

  • Registration Number

    253538

  • Incorporation Date

    24 February 2014

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 12 Year, 7 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 12.62 Cr
  • Satisfied Charges ₹ 17.40 Cr
  • Revenue Growth **** 120296.83%
  • Profit Growth **** 118746.84%
  • Ebitda **** 123164.30%
  • Net Worth 170583.82%
  • Total Assets **** 109224.02%
Company report

Ace Furnaces Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Furnaces 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 Furnaces Private Limited?
Current Directors
Name Designation Appointment Date Status
Nitin Jagannath Phirake Director 19 Aug 2014 Current
Kailash Vishnu Nasta Director 19 Aug 2014 Current
Rhea Kailash Nasta Director 02 Apr 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Jul 2014 Past
Pramod Abcsdd Director 02 Apr 2025 Past
Pramod Abcsdd Director 20 Feb 2015 Past
Pramod Abcsdd Director 20 Aug 2014 Past
Pramod Abcsdd Director 02 Apr 2025 Past
Pramod Abcsdd Director 22 Aug 2016 Past

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Financial Performance of Ace Furnaces.

Ace Furnaces Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120296.83% increase. The company also saw a substantial improvement in profitability, with a 118746.84% increase in profit. The company's net worth Soared by an impressive increase of 170583.82%.

Ace Furnaces revenue growth over time
Ace Furnaces 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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 120296.83%
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*******
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Revenue from Operations
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 120073.17%
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*******
*******
Total Assets
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 109224.02%
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*******
Profit or Loss
*******
 118746.84%
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*******
*******
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Net Worth
*******
 170583.82%
*******
*******
*******
*******
EBITDA
*******
 123164.30%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Furnaces?

In 2024, Ace Furnaces 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

₹126,179,982.00

Satisfied Charges

₹174,011,000.00

Charges Breakdown by Lending Institutions
  • Others : 11.62 Cr
  • Hdfc Bank Limited : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
29 Mar 2025 Others ₹10.00 Cr Open
29 Mar 2025 Others ₹1.00 Cr Open
24 Aug 2023 Hdfc Bank Limited ₹1.00 Cr Open
18 Aug 2017 Others ₹3.09 M Open
18 Aug 2017 Others ₹3.09 M Open

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How Many Employees Work at Ace Furnaces?

Ace Furnaces has a workforce of 82 employees as of Mar 25, 2025. 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 Furnaces, 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 Furnaces'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 Furnaces
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 100.00 M registered on 29 Mar 2025 with Charge ID 101085782 was modified on 13 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 10.00 M registered on 29 Mar 2025 with Charge ID 101085777 was modified on 13 Oct 2025. was completed.

  • Annual General Meeting

    Progress on Ace Furnaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge registered on 11 Nov 2022 via Charge ID 100647633 with Others was fully satisfied on 14 Jul 2025. was documented.

  • Director Appointment

    The activity Rhea Kailash Nasta was appointed as a Director was appointed as a Director on 02 Apr 2025 & has been associated with this company since 11 months 1 day . was completed.

  • Balance Sheet

    The activity Ace Furnaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

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Frequently Asked Questions
What is the CIN of Ace Furnaces Private Limited?

The CIN of Ace Furnaces Private Limited is U29242MH2014PTC253538.

Where is Ace Furnaces Private Limited headquartered?

Ace Furnaces Private Limited is headquartered at Office No. 130, 1St Floor, Lodha Supremus Ii, Road No. 22, Wagle Estate, Thane, Maharashtra, 400604.

When was Ace Furnaces Private Limited incorporated?

Ace Furnaces Private Limited was incorporated on 24 February 2014.

Who are the current directors of Ace Furnaces Private Limited?

The current directors of Ace Furnaces Private Limited are

What is the primary industry of Ace Furnaces Private Limited?

The primary industry of Ace Furnaces Private Limited is Manufacturing.

Is Ace Furnaces Private Limited a listed company?

Ace Furnaces Private Limited is unlisted.

What is the capital structure of Ace Furnaces Private Limited?

The authorized capital of Ace Furnaces Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Ace Furnaces Private Limited?

The compliance status of Ace Furnaces Private Limited is Compliant.

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