Ace Gas Conversions Private Limited - Company Profile

It is a automotive private limited company based in Mumbai, Maharashtra, India, established in 2001.
2001 Mumbai, Maharashtra, India Active
Last Updated:
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About Ace Gas Conversions Private Limited

Ace Gas Conversions Private Limited, a active private limited company, was established on 09 July 2001 in Mumbai, Maharashtra, India. Engaging in auto dealership & trading within the manufacturing sector, it holds CIN: U50200MH2001PTC132654. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.61 Cr.

Formerly known as Ace Lpg Car Kits Private Limited. It upholds a compliant status. Its leadership includes Sunil Mathur (Director), Amitkumar Lalitchandra Shah (Director), Vardhaman Amitkumar Shah (Director). Past directors included Nikunj Dhirendra Barot, Manoj Chandrakant Vithalani, Vardhaman Amitkumar Shah. It holds ₹40.27 Cr open charges and ₹42.27 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 704, 705, Lodha Supremus, Plot No. 08 (Pt), Ct-05,, Commercial Tower, New Cuff Parade, Wadala (E),, Mumbai, Maharashtra, 400037.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U50200MH2001PTC132654

  • Registration Number

    132654

  • Incorporation Date

    09 July 2001

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.61 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.61 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 40.27 Cr
  • Satisfied Charges ₹ 42.27 Cr
  • Revenue Growth **** 19.87%
  • Profit Growth **** -87.15%
  • Ebitda **** 3.46%
  • Net Worth 4.31%
  • Total Assets **** 9.45%
Company report

Ace Gas Conversions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Gas Conversions 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 Gas Conversions Private Limited?
Current Directors
Name Designation Appointment Date Status
Sunil Mathur Director 22 Jun 2022 Current
Amitkumar Lalitchandra Shah Director 09 Jul 2001 Current
Vardhaman Amitkumar Shah Director 15 Sep 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 28 Feb 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Ace Gas Conversions.

Ace Gas Conversions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.87% increase. The company also saw a substantial fall in profitability, with a 87.15% decrease in profit. The company's net worth moved up by a moderate rise of 4.31%.

Ace Gas Conversions revenue growth over time
Ace Gas Conversions 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
********
 19.87%
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*******
*******
*******
Revenue from Operations
*******
 20.94%
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*******
*******
*******
Total Assets
*******
 9.45%
*******
*******
*******
*******
Profit or Loss
*******
 -87.15%
*******
*******
*******
*******
Net Worth
*******
 4.31%
*******
*******
*******
*******
EBITDA
*******
 3.46%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Gas Conversions?

In 2023, Ace Gas Conversions had a promoter holding of 99.68% and a public holding of 0.32%. 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

₹402,742,152.00

Satisfied Charges

₹422,747,960.00

Charges Breakdown by Lending Institutions
  • Others : 31.77 Cr
  • Janata Sahakari Bank Ltd Pune : 4.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 4.00 Cr
Latest Charge Details
Date Lender Amount Status
26 Sep 2025 The Hongkong And Shanghai Banking Corporation Limited ₹4.00 Cr Open
25 Jul 2025 Others ₹1.56 Cr Open
27 Mar 2025 Others ₹3.20 M Open
20 Jan 2025 Others ₹20.00 Cr Open
29 Nov 2024 Others ₹2.40 M Open

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How Many Employees Work at Ace Gas Conversions?

Unlock and access historical data on people associated with Ace Gas Conversions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Gas Conversions, 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 Gas Conversions'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 Gas Conversions
Recent Activity within the Organization
  • Annual General Meeting

    Ace Gas Conversions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 4.00 Cr with Charge ID 101168615 was registered on 26 Sep 2025. was completed.

  • Charges

    A charge registered on 30 Apr 2024 via Charge ID 100916694 with Others was fully satisfied on 11 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 1.56 Cr with Charge ID 101133754 was registered on 25 Jul 2025. was completed.

  • Charges

    A charge registered on 26 Oct 2023 via Charge ID 100803128 with Others was fully satisfied on 10 Jun 2025. was recorded as a recent event.

  • Charges

    A charge registered on 07 Jan 2023 via Charge ID 100667884 with Others was fully satisfied on 10 Jun 2025. was recorded as a recent event.

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

The CIN of Ace Gas Conversions Private Limited is U50200MH2001PTC132654.

Where is Ace Gas Conversions Private Limited headquartered?

Ace Gas Conversions Private Limited is headquartered at 704, 705, Lodha Supremus, Plot No. 08 (Pt), Ct-05,, Commercial Tower, New Cuff Parade, Wadala (E),, Mumbai, Maharashtra, 400037.

When was Ace Gas Conversions Private Limited incorporated?

Ace Gas Conversions Private Limited was incorporated on 09 July 2001.

Who are the current directors of Ace Gas Conversions Private Limited?

The current directors of Ace Gas Conversions Private Limited are

What is the primary industry of Ace Gas Conversions Private Limited?

The primary industry of Ace Gas Conversions Private Limited is Manufacturing.

Is Ace Gas Conversions Private Limited a listed company?

Ace Gas Conversions Private Limited is unlisted.

What is the capital structure of Ace Gas Conversions Private Limited?

The authorized capital of Ace Gas Conversions Private Limited is ₹4.00 Cr, and the paid-up capital is ₹3.61 Cr.

What is the compliance status of Ace Gas Conversions Private Limited?

The compliance status of Ace Gas Conversions Private Limited is Compliant.

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