About Ace Global Aircon Services Limited
Data last updated:
Ace Global Aircon Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PLC157772. Its GSTIN is 27AAFCA4686A1ZT (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.5 Lakh. It is led by directors including Mohammed Sadique Mehmood Bhaji and Amin Ibrahim Sirguroh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.4B 41 4th Floor Phoenix Paragaon Plaza Lbs Marg Kurla W), Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.65 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹64.3 Lakh (net margin 1.8%) and EBITDA of ₹1.47 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 5% over five years.
The company has about 195 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.03 Cr on record. Court records list 2 cases involving the company, including 1 filed against it; 1 case is 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 aceglobal.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No.4B 41 4th Floor Phoenix Paragaon Plaza Lbs Marg Kurla W), Mumbai, Maharashtra, India – 400070
- IndustryConsumer Electronics & Durables, Electronic Appliances 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
- One PDF report, delivered after checkout
Business Activity of Ace Global Aircon Services Limited
The business activities of Ace Global Aircon Services are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | D3 | Locked | 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 Global Aircon Services Limited FY 2025 filings available
Ace Global Aircon Services Limited reported revenue of ₹35.65 Cr (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ace Global Aircon Services Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 37% growth in the latest year. EBITDA rose 88% 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 Global Aircon Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.3 Lakh | •••• | •••• | •••• | •••• |
| 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 Global Aircon Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Global Aircon Services 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 Global Aircon Services Limited
Ace Global Aircon Services Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R. J. S. Enterprises Private Limited | ₹35.79 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Bhubaneswar, Odisha, India |
| P Cube Industrial Enterprises Private Limited | ₹35.77 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
| Amyush Techno Solutions Private Limited | ₹35.73 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Kota, Rajasthan, India |
| Isha Electrovision Private Limited | ₹35.72 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Gurgaon, Haryana, India |
| Orient General Agencies (Bombay) Private Limited | ₹35.71 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Ace Global Aircon Services Limited this company | ₹35.65 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Saraswati Cellphone Private Limited | ₹35.64 Cr (FY 2017) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| Pukhraj Telecom Private Limited | ₹35.53 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Ziptech Enterprises Private Limited | ₹35.53 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Navrang Audio Vedio Private Limited | ₹35.49 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Nischay Infotech Private Limited | ₹35.48 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ace Global Aircon Services by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Global Aircon Services Limited
Ace Global Aircon Services Limited is audited by D.N.KAPADIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D.N.KAPADIA & CO. | 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 Global Aircon Services Limited
Ace Global Aircon Services has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Sadique Mehmood Bhaji | Director | 24 Nov 2005 | 20 Years 10 Months | Current |
| Amin Ibrahim Sirguroh | Director | 24 Nov 2005 | 20 Years 10 Months | Current |
| Ajay Gulab Ubale | Director | 24 Nov 2005 | 20 Years 10 Months | Current |
| Sandeep Gulab Ubale | Director | 24 Nov 2005 | 20 Years 10 Months | Current |
Ownership and Shareholding of Ace Global Aircon Services 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 Global Aircon Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2025 | Others | ₹30 Lakh | Open |
| 29 Jan 2025 | Others | ₹5 Cr | Open |
| 27 Nov 2024 | Axis Bank Limited | ₹6.18 Cr | Open |
| 26 Feb 2018 | Others | ₹1.55 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Ace Global Aircon Services Limited
Ace Global Aircon Services Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Company is another party | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
Full case history
All 2 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 Global Aircon Services Limited
Ace Global Aircon Services Limited has a workforce of 195 employees as of Apr 03, 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.
CIN History of Ace Global Aircon Services Limited
Ace Global Aircon Services has one previous CIN (Corporate Identification Number): U45200MH2005PTC157772. The current CIN is U45200MH2005PLC157772, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2005PLC157772 | Current |
| U45200MH2005PTC157772 | Previous |
Recent Activity on Ace Global Aircon Services Limited
Ace Global Aircon Services Limited has 12 board changes on record since 2005: 7 appointments and 5 cessations. The latest: Jacqueline Ajay Ubale ceased to be Additional Director on 02 Apr 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ace Global Aircon Services 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 Global Aircon Services 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 Global Aircon Services 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 Global Aircon Services Limited
Ace Global Aircon Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA4686A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 36AAFCA4686A1ZU | Telangana | Active | 01 Jul 2017 |
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 Global Aircon Services 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 Global Aircon Services Limited
Ace Global Aircon Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 November 2005 (21+ years old) and is registered under CIN U45200MH2005PLC157772.
Ace Global Aircon Services reported revenue of ₹35.65 Cr for FY 2024 (up 37% YoY).
Ace Global Aircon Services has 4 current directors:
- Mohammed Sadique Mehmood Bhaji - Director
- Amin Ibrahim Sirguroh - Director
- Ajay Gulab Ubale - Director
- Sandeep Gulab Ubale - Director
Ace Global Aircon Services reported a net profit of ₹64.3 Lakh (net margin 1.8%) and EBITDA of ₹1.47 Cr (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Global Aircon Services is 42% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Global Aircon Services is 27AAFCA4686A1ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAFCA4686A1ZU (Telangana).
The CIN (Corporate Identification Number) of Ace Global Aircon Services is U45200MH2005PLC157772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Global Aircon Services has 2 court cases on record: 1 filed against it. 1 is pending.
Ace Global Aircon Services was incorporated on 24 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace Global Aircon Services by revenue are R. J. S. Enterprises Private Limited, P Cube Industrial Enterprises Private Limited, Amyush Techno Solutions Private Limited, Isha Electrovision Private Limited, Orient General Agencies (Bombay) Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Jacqueline Ajay Ubale ceased to be Additional Director on 02 Apr 2025. Ekta Ubale ceased to be Additional Director on 29 Sep 2023. Isha Ubale ceased to be Additional Director on 29 Sep 2023. Ace Global Aircon Services has 12 board changes on record in total.