Ace Global Aircon Services Limited - Company Profile

It is a consumer electronics & durables public limited company based in Mumbai, Maharashtra, India, established in 2005.
2005 Mumbai, Maharashtra, India Active
Last Updated:
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About Ace Global Aircon Services Limited

Ace Global Aircon Services Limited, a active public limited company, was established on 24 November 2005 in Mumbai, Maharashtra, India. Engaging in electronic appliances retail & distribution within the electricity, gas, steam and air condition supply sector, it holds CIN: U45200MH2005PLC157772. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.55 M.

It upholds a compliant status. Employing 195 professional, Its leadership includes Jacqueline Ajay Ubale (Additional Director), Isha Ubale (Director), Ekta Ubale (Director). Past directors included Tara Gulab Ubale, Jacqueline Ajay Ubale, Isha Ubale. It holds ₹13.03 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No.4B 41, 4Th Floor, Phoenix Paragaon Plaza, Lbs Marg, Kurla W), Mumbai, Maharashtra, 400070.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U45200MH2005PLC157772

  • Registration Number

    157772

  • Incorporation Date

    24 November 2005

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.55 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.55 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.03 Cr
  • Revenue Growth **** 9.83%
  • Profit Growth **** 2.85%
  • Ebitda **** -15.19%
  • Net Worth 9.37%
  • Total Assets **** 36.70%
Company report

Ace Global Aircon Services Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Global Aircon Services 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 Global Aircon Services Limited?
Current Directors
Name Designation Appointment Date Status
Jacqueline Ajay Ubale Additional Director 22 Oct 2020 Current
Isha Ubale Director 16 Feb 2023 Current
Ekta Ubale Director 16 Feb 2023 Current
Mohammed Sadique Mehmood Bhaji Director 24 Nov 2005 Current
Amin Ibrahim Sirguroh Director 24 Nov 2005 Current
Ajay Gulab Ubale Director 24 Nov 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 14 Jul 2020 Past
Pramod Abcsdd Additional Director 02 Apr 2025 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 07 Feb 2013 Past

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Financial Performance of Ace Global Aircon Services.

Ace Global Aircon Services Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.83% increase. The company also saw a slight improvement in profitability, with a 2.85% increase in profit. The company's net worth moved up by a moderate rise of 9.37%.

Ace Global Aircon Services revenue growth over time
Ace Global Aircon Services 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
********
 9.83%
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*******
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Revenue from Operations
*******
 8.97%
*******
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*******
*******
Total Assets
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 36.70%
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*******
*******
Profit or Loss
*******
 2.85%
*******
*******
*******
*******
Net Worth
*******
 9.37%
*******
*******
*******
*******
EBITDA
*******
 -15.19%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Global Aircon Services?

In 2023, Ace Global Aircon Services 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

₹130,298,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 6.85 Cr
  • Axis Bank Limited : 6.18 Cr
Latest Charge Details
Date Lender Amount Status
29 Jan 2025 Others ₹5.00 Cr Open
29 Jan 2025 Others ₹3.00 M Open
27 Nov 2024 Axis Bank Limited ₹6.18 Cr Open
26 Feb 2018 Others ₹1.55 Cr Open

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How Many Employees Work at Ace Global Aircon Services?

Ace Global Aircon Services has a workforce of 195 employees as of Apr 03, 2024. 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 Global Aircon Services, 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 Global Aircon Services'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 Global Aircon Services
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101041433 was registered on 29 Jan 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101041429 was registered on 29 Jan 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 6.18 Cr with Charge ID 101031574 was registered on 27 Nov 2024. was documented.

  • Annual General Meeting

    Progress on Ace Global Aircon Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Ace Global Aircon Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Isha Ubale was appointed as a Director was appointed as a Director on 16 Feb 2023 & has been associated with this company since 3 years 2 days . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ace Global Aircon Services Limited?

The CIN of Ace Global Aircon Services Limited is U45200MH2005PLC157772.

Where is Ace Global Aircon Services Limited headquartered?

Ace Global Aircon Services Limited is headquartered at Office No.4B 41, 4Th Floor, Phoenix Paragaon Plaza, Lbs Marg, Kurla W), Mumbai, Maharashtra, 400070.

When was Ace Global Aircon Services Limited incorporated?

Ace Global Aircon Services Limited was incorporated on 24 November 2005.

Who are the current directors of Ace Global Aircon Services Limited?

The current directors of Ace Global Aircon Services Limited are

What is the primary industry of Ace Global Aircon Services Limited?

The primary industry of Ace Global Aircon Services Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Ace Global Aircon Services Limited a listed company?

Ace Global Aircon Services Limited is unlisted.

What is the capital structure of Ace Global Aircon Services Limited?

The authorized capital of Ace Global Aircon Services Limited is ₹1.00 Cr, and the paid-up capital is ₹5.55 M.

What is the compliance status of Ace Global Aircon Services Limited?

The compliance status of Ace Global Aircon Services Limited is Compliant.

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