Ace Gas Conversions Private Limited
About Ace Gas Conversions Private Limited
Data last updated:
Ace Gas Conversions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 11 November 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U21000MH1996PTC103906.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.75 Lakh. It was led by directors including Manoj Chandrakant Vithalani and Amitkumar Lalitchandra Shah.
Its last annual general meeting (AGM) was held on 28 September 2009, and its latest financial statements are for the year ended 31 March 2009. The registered office was at K.K. Compound Western Express Highway Dahisar Cheknaka Dahisar (E), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.02 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 4%).
The company had about 31 employees on its provident fund (EPFO) records before it was dissolved.
Company details
Contact details
Ace Gas Conversions Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressK.K. Compound Western Express Highway Dahisar Cheknaka Dahisar (E), Mumbai, Maharashtra, India – 400068
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
Financials of Ace Gas Conversions Private Limited
FY 2009 filings availableAce Gas Conversions Private Limited reported revenue of ₹58.02 Cr (up 71% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.31 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 4% | ||||
| 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 Gas Conversions Private Limited, buy the company report.
Board of directors of Ace Gas Conversions Private Limited
Ace Gas Conversions has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Chandrakant Vithalani | Director | 01 Dec 2003 | 22 Years 11 Months | As last reported |
| Amitkumar Lalitchandra Shah Also directs: Jyotex Energy LLP, Ace Tomasetto Engineering Private Limited, Light Dynamics Cylinders India Private Limited and 2 more | Director | 01 Mar 2003 | 23 Years 8 Months | As last reported |
| Haresh Vijaysinh Bhatia | Director | 26 Mar 2002 | 24 Years 7 Months | As last reported |
| Pankaj Taneja Also directs: Ace Pan Fuel Technology Private Limited | Director | 11 Sep 2004 | 22 Years 1 Months | As last reported |
| Ramesh Shantilal Shah | Director | 26 Mar 2002 | 24 Years 7 Months | As last reported |
| Ajay Kumar Agarwal | Director | 26 Mar 2002 | 24 Years 7 Months | As last reported |
Peer comparison
Ace Gas Conversions Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advanced Pneumatics Private Limited | ₹59.45 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Sugarkart Technologies Private Limited | ₹58.89 Cr (FY 2024) | -72.0% | Delhi, India | |||
| Paul Abrao Agencies Private Limited | ₹58.42 Cr (FY 2025) | 30.0% | Ernamkulam, Kerala, India | |||
| Knowell International Private Limited | ₹58.27 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Viking Fire Products (India) Private Limited | ₹58.15 Cr (FY 2024) | 37.0% | Faridabad, Haryana, India | |||
| Ace Gas Conversions Private Limitedthis company | ₹58.02 Cr (FY 2022) | ₹2.31 Cr | 4% | 71.0% | Mumbai, Maharashtra, India | |
| Smooth Run Exports Private Limited | ₹57.74 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Glitz Finishing Solutions Private Limited | ₹57.53 Cr (FY 2025) | -35.0% | Ernakulam, Kerala, India | |||
| Wolcut Abrasives Industries Private Limited | ₹57.53 Cr (FY 2025) | 16.0% | Delhi, India | |||
| Orient Enterprise (Gujarat) Private Limited | ₹57.51 Cr (FY 2024) | 4.0% | Ahmedabad, Gujarat, India | |||
| Kardex India Private Limited | ₹57.26 Cr (FY 2025) | -8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ace Gas Conversions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ace Gas Conversions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Gas Conversions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ace Gas Conversions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ace Gas Conversions Private Limited has 7 board changes on record since 2002: 7 appointments. The latest: Pankaj Taneja was appointed as Director on 11 Sep 2004.
Frequently asked questions
Ace Gas Conversions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ace Gas Conversions was a private limited company based in Mumbai, Maharashtra, India. The company worked in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 11 November 1996 and is registered under CIN U21000MH1996PTC103906. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ace Gas Conversions was incorporated on 11 November 1996. It is registered with the Registrar of Companies, Mumbai.
Ace Gas Conversions had 7 directors:
- Manoj Chandrakant Vithalani - Director
- Amitkumar Lalitchandra Shah - Director
- Haresh Vijaysinh Bhatia - Director
- Pankaj Taneja - Director
- Ramesh Shantilal Shah - Director
- Ajay Kumar Agarwal - Director
- Joy Puthiel Thomas Varughese - Director
The CIN (Corporate Identification Number) of Ace Gas Conversions is U21000MH1996PTC103906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ace Gas Conversions is at K.K. Compound Western Express Highway Dahisar Cheknaka Dahisar E, Mumbai, Maharashtra, India – 400068.
The latest financial statements of Ace Gas Conversions on record with the MCA are for the year ended 31 March 2009. Its last annual general meeting was held on 28 September 2009. Year-wise statements from 2015 are in the company report.
Ace Gas Conversions operated in the machinery and equipment industry, in the industrial products retail and distribution segment.
The peers of Ace Gas Conversions by revenue are Advanced Pneumatics Private Limited, Sugarkart Technologies Private Limited, Paul Abrao Agencies Private Limited, Knowell International Private Limited, Viking Fire Products (India) Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Pankaj Taneja was appointed as Director on 11 Sep 2004. Manoj Chandrakant Vithalani was appointed as Director on 01 Dec 2003. Amitkumar Lalitchandra Shah was appointed as Director on 01 Mar 2003. Ace Gas Conversions has 7 board changes on record in total.
Ace Gas Conversions can be reached at its registered office: K.K. Compound Western Express Highway Dahisar Cheknaka Dahisar E, Mumbai, Maharashtra, India – 400068.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
