Ace Innovative Engineering Services Private Limited - Company Profile

It is a machinery and equipment private limited company based in Chegalpattu, Tamil Nadu, India, established in 2008.
2008 Chegalpattu, Tamil Nadu, India Active
Last Updated:
Access Report
About Ace Innovative Engineering Services Private Limited

Ace Innovative Engineering Services Private Limited, a active private limited company, was established on 29 October 2008 in Chegalpattu, Tamil Nadu, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U74200TN2008PTC069697. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a active non-compliant status. Its leadership includes Venkatraman Kannan (Director), Renuka Kannan (Director). Past directors included Mala Ramkumar, Krishana Iyer Balasubramanian Ramanathan, Thumbai Venkatesan Munu Balaji. It holds ₹3.90 Cr open charges and ₹4.12 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at B4/19, Industrial Estate Marimalai Nagar,, Chegalpattu, Tamil Nadu, 620001.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U74200TN2008PTC069697

  • Registration Number

    069697

  • Incorporation Date

    29 October 2008

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 3.90 Cr
  • Satisfied Charges ₹ 4.12 Cr
  • Revenue Growth **** -48.90%
  • Profit Growth **** -606.77%
  • Ebitda **** -51.58%
  • Net Worth -10.56%
  • Total Assets -20.17%
Company report

Ace Innovative Engineering Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Innovative Engineering Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Ace Innovative Engineering Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Venkatraman Kannan Director 03 Mar 2016 Current
Renuka Kannan Director 30 Mar 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Mar 2016 Past
Pramod Abcsdd Director 26 Sep 2011 Past
Pramod Abcsdd Director 03 Mar 2016 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Ace Innovative Engineering Services.

Ace Innovative Engineering Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.9% decrease. The company also saw a substantial fall in profitability, with a 606.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.56%.

Ace Innovative Engineering Services revenue growth over time
Ace Innovative Engineering 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
********
 -48.90%
*******
*******
*******
*******
Revenue from Operations
*******
 -48.49%
*******
*******
*******
*******
Total Assets
*******
 -20.17%
*******
*******
*******
*******
Profit or Loss
*******
 -606.77%
*******
*******
*******
*******
Net Worth
*******
 -10.56%
*******
*******
*******
*******
EBITDA
*******
 -51.58%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Ace Innovative Engineering Services?

In 2022, Ace Innovative Engineering 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹39,000,000.00

Satisfied Charges

₹41,150,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 3.90 Cr
Latest Charge Details
Date Lender Amount Status
28 Sep 2018 Canara Bank ₹3.90 Cr Open
27 Apr 2016 Others ₹3.10 Cr Satisfied
14 Jan 2011 Indian Bank ₹1.02 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Ace Innovative Engineering Services?

Unlock and access historical data on people associated with Ace Innovative Engineering Services, 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 Innovative Engineering 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 Innovative Engineering 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Ace Innovative Engineering Services
Recent Activity within the Organization
  • Annual General Meeting

    Ace Innovative Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank of Rs. 39.00 M registered on 28 Sep 2018 with Charge ID 100232058 was modified on 04 Apr 2022. was documented.

  • Balance Sheet

    The activity Ace Innovative Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai. was completed.

  • Charges

    A charge registered on 27 Apr 2016 via Charge ID 100027953 with Others was fully satisfied on 05 Jun 2020. was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 39.00 M with Charge ID 100232058 was registered on 28 Sep 2018. was documented.

  • Charges

    The activity A charge registered on 14 Jan 2011 via Charge ID 10263335 with Indian Bank was fully satisfied on 13 Jun 2018. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ace Innovative Engineering Services Private Limited?

The CIN of Ace Innovative Engineering Services Private Limited is U74200TN2008PTC069697.

Where is Ace Innovative Engineering Services Private Limited headquartered?

Ace Innovative Engineering Services Private Limited is headquartered at B4/19, Industrial Estate Marimalai Nagar,, Chegalpattu, Tamil Nadu, 620001.

When was Ace Innovative Engineering Services Private Limited incorporated?

Ace Innovative Engineering Services Private Limited was incorporated on 29 October 2008.

Who are the current directors of Ace Innovative Engineering Services Private Limited?

The current directors of Ace Innovative Engineering Services Private Limited are

What is the primary industry of Ace Innovative Engineering Services Private Limited?

The primary industry of Ace Innovative Engineering Services Private Limited is Manufacturing.

Is Ace Innovative Engineering Services Private Limited a listed company?

Ace Innovative Engineering Services Private Limited is unlisted.

What is the capital structure of Ace Innovative Engineering Services Private Limited?

The authorized capital of Ace Innovative Engineering Services Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Ace Innovative Engineering Services Private Limited?

The compliance status of Ace Innovative Engineering Services Private Limited is Active Non-Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available