About Ace Infoway Private Limited
Data last updated:
Ace Infoway Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1999PTC035442. Its GSTIN is 24AACCA4487G1ZR (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Ace Infoway Limited. It is led by directors including Rahul Jayantibhai Kalaria and Amit Mansukhlal Mehta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 801 Aalap B Limda Chowk Dr. Rajendraprasad Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.59 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹99.65 Lakh (net margin 6.8%) and EBITDA of ₹2.27 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Infoway. As per MCA filings, the company has open charges of ₹4.99 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in February 2024. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Nstarx India Private Limited with revenue of ₹14.68 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceinfoway.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address801 Aalap B Limda Chowk Dr. Rajendraprasad Road, Rajkot, Gujarat, India – 360001
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
- 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 Infoway Private Limited
The main business activity of Ace Infoway is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Infoway Private Limited FY 2025 filings available
Ace Infoway Private Limited reported revenue of ₹14.59 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ace Infoway Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 61% 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 Infoway Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹99.65 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 Infoway Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.8% | •••• | •••• | •••• | •••• |
| 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 Infoway 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 Infoway Private Limited
Ace Infoway Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nstarx India Private Limited | ₹14.68 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Hyderabad, Telangana, India |
| Utopus Insights India Private Limited | ₹14.67 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Bangalore, Karnataka, India |
| Unizent Technologies Private Limited | ₹14.65 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Hexalytics Business Solutions Private Limited | ₹14.6 Cr (FY 2025) | •••• | •••• | 168.0% | •••• | Chennai, Tamil Nadu, India |
| Harryson Infotech Services Private Limited | ₹14.6 Cr (FY 2025) | •••• | •••• | 162.0% | •••• | Surat, Gujarat, India |
| Ace Infoway Private Limited this company | ₹14.59 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Rajkot, Gujarat, India |
| High Peak Software Private Limited | ₹14.57 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Cubet Techno Labs Private Limited | ₹14.54 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Kanayannur, Kerala, India |
| Geovista Technologies Private Limited | ₹14.49 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Secunderabad, Telangana, India |
| Diacritech Technologies Private Limited | ₹14.46 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Fingent Technology Solutions Private Limited | ₹14.45 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kochi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Ace Infoway by revenue in the Information Technology industry (Application Development), 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 Infoway Private Limited
Ace Infoway Private Limited is audited by Arun M. Kothari for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Arun M. Kothari | 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 Infoway Private Limited
Ace Infoway has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Jayantibhai Kalaria | Director | 17 Feb 1999 | 27 Years 8 Months | Current |
| Amit Mansukhlal Mehta | Director | 17 Feb 1999 | 27 Years 8 Months | Current |
| Vikram Bhupat Sanghani | Director | 25 Feb 2003 | 23 Years 7 Months | Current |
| Sanjay Harilal Dhamsania | Director | 25 Feb 2003 | 23 Years 7 Months | Current |
| Divyeshkumar Babulal Aghera | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Ace Infoway Private 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 Infoway Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2025 | Others | ₹4.99 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Ace Infoway Private Limited
Ace Infoway Private Limited has 1 deal on record (1 acquisition); the latest was in February 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Acquisition | ₹8.6 Cr | Buyer: Ace Software Exports Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Ace Infoway Private Limited
Ace Infoway operates one associated brand: Ace Infoway. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers product engineering, NLP, ML, enterprise, and design services. | aceinfoway.com |
Employees and EPFO Compliance at Ace Infoway Private Limited
Ace Infoway Private Limited has a workforce of 35 employees as of Apr 09, 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.
Recent Activity on Ace Infoway Private Limited
Ace Infoway Private Limited has 5 board changes on record since 1999: 5 appointments. The latest: Divyeshkumar Babulal Aghera was appointed as Director on 06 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ace Infoway Private 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 Infoway Private 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 Infoway Private 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 Infoway Private Limited
Ace Infoway has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA4487G1ZR | Gujarat | 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 Infoway Private 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 Infoway Private Limited
Ace Infoway is an active private limited company based in Rajkot, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 February 1999 (27+ years old) and is registered under CIN U45201GJ1999PTC035442.
Ace Infoway reported revenue of ₹14.59 Cr for FY 2025 (down 8% YoY).
Ace Infoway has 5 current directors:
- Rahul Jayantibhai Kalaria - Director
- Amit Mansukhlal Mehta - Director
- Vikram Bhupat Sanghani - Director
- Sanjay Harilal Dhamsania - Director
- Divyeshkumar Babulal Aghera - Director
Ace Infoway reported a net profit of ₹99.65 Lakh (net margin 6.8%) and EBITDA of ₹2.27 Cr (EBITDA margin 15.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Infoway is 1% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Infoway is 24AACCA4487G1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Ace Infoway is U45201GJ1999PTC035442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Infoway was incorporated on 17 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ace Infoway has 1 deal on record (1 acquisition); the latest was in February 2024.
The peers of Ace Infoway by revenue are Nstarx India Private Limited, Utopus Insights India Private Limited, Unizent Technologies Private Limited, Hexalytics Business Solutions Private Limited, Harryson Infotech Services Private Limited and 5 more, all in the Information Technology industry (Application Development).
Divyeshkumar Babulal Aghera was appointed as Director on 06 Sep 2024. Sanjay Harilal Dhamsania was appointed as Director on 25 Feb 2003. Vikram Bhupat Sanghani was appointed as Director on 25 Feb 2003. Ace Infoway has 5 board changes on record in total.