MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0023758
Ace Innovators Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.97 Cr
▼ 49% YoY
Net loss · FY 2024
₹1.01 Cr
Net margin -14.5%
EBITDA · FY 2024
-₹47.66 Lakh
EBITDA margin -6.8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹5.25 Lakh
Issued & subscribed
Open charges
₹1.22 Cr
Satisfied ₹6.78 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
11
Provident fund records
About Ace Innovators Private Limited
Data last updated:
Ace Innovators Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 14 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL1996PTC077176. Its GSTIN is 07AABCA0906D1ZE (Delhi). The company holds 22 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹5.25 Lakh. It is led by directors including Vikram Gupta and Vinay Pal Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8/42 First Floor Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.97 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Cr (net margin -14.5%) and EBITDA of -₹47.66 Lakh (EBITDA margin -6.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹1.22 Cr and satisfied charges of ₹6.78 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
Ace Innovators Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0023758). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixbps.com.
Company details
CIN U74140DL1996PTC077176
Registration Number 077176
Incorporation Date 14 March 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-11-0023758
Recognitions & Rankings of Ace Innovators
Contact details
Ace Innovators Private Limited's registered office is in New Delhi, Delhi. Its website is matrixbps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/42 First Floor Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Ace Innovators Private Limited, buy the company report.
Comprehensive company report
Ace Innovators Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ace Innovators is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Ace Innovators Private Limited, buy the company report.
Financials of Ace Innovators Private Limited
FY 2024 filings availableAce Innovators Private Limited reported revenue of ₹6.97 Cr (down 49% YoY) for FY 2024.
Revenue · FY 2024
₹6.97 Cr ▼ 49%
Net loss · FY 2024
₹1.01 Cr margin -14.5%
EBITDA · FY 2024
-₹47.66 Lakh margin -6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 10%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 140%
3 years · compounded
▼ 36%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 49% fall in the latest year. EBITDA fell 140% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹47.66 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -6.8% | ||||
| Net Profit Margin | -14.5% | ||||
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To see the full financial statements and ratios of Ace Innovators Private Limited, buy the company report.
Board of directors of Ace Innovators Private Limited
Ace Innovators has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Gupta Also directs: Cantel Communications India Private Limited, Dolphin E-Services Private Limited, Diamond Biofuel Private Limited and 5 more | Director | 08 Apr 2003 | 23 Years 6 Months | Current |
| Vinay Pal Jain Also directs: Jade Town Planners Private Limited, Coral Town Planners Private Limited, Blake Township Private Limited and 3 more | Director | 05 Aug 2005 | 21 Years 2 Months | Current |
| Sangita Bansal | Director | 21 May 2021 | 5 Years 5 Months | Current |
Auditor
Ace Innovators Private Limited is audited by ARORA AND BANSAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARORA AND BANSAL | FY 2023 | 003368N |
Shareholding
The shareholding of Ace Innovators Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Innovators Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.22 Cr
Satisfied charges
₹6.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2022 | 100694295 | Hdfc Bank Limited | ₹78.21 Lakh | Open | |
| 15 Mar 2022 | 100571333 | Hdfc Bank Limited | ₹44 Lakh | Open | |
| 28 May 2014 | 10507200 | Bank of India | ₹4.42 Lakh | Satisfied | |
| 24 Jan 2014 | 10481116 | Bank of India | ₹50 Lakh | Satisfied | |
| 04 Feb 2013 | 10405747 | Bank of India | ₹4.25 Lakh | Satisfied |
To see the full charge records of Ace Innovators Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Ace Innovators Private Limited has 8 court cases on record: 6 filed by Ace Innovators, 2 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
6
Filed against the company
2
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Hewlett Packard India Sales Pvt Ltd & Ors | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Ace Innovators Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Innovators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ace Innovators has 4 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
4
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Cantel Communications Private Limited | U64202DL2003PTC119776 | |
| Ipg Techlegal Management Solutions Private Limited | U72200DL2011PTC217547 | |
| Probus Synergies Private Limited | U74999DL2016PTC305005 | |
| Ezee Junction Suvidha Center Private Limited | U74999DL2019PTC356039 |
To see the full group structure of Ace Innovators Private Limited, buy the company report.
Employees & EPFO
Ace Innovators Private Limited has a workforce of 11 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-26.67%
GST
Ace Innovators has 22 GST registrations: 3 active and 19 cancelled or inactive.
Total GSTINs
22
Active
3
Cancelled / inactive
19
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCA0906D1ZE | Delhi | Active | 01 Jul 2017 |
| 06AABCA0906D1ZG | Haryana | Active | 01 Jul 2017 |
| 24AABCA0906D1ZI | Gujarat | Active | 27 Dec 2018 |
To see the full GST registrations and return filing status of Ace Innovators Private Limited, buy the company report.
Recent activity
Ace Innovators Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Sangita Bansal ceased to be Additional Director on 30 Nov 2021.
AGM
Ace Innovators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ace Innovators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 78.21 Lakh with Charge ID 100694295 was registered on 19 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 44.00 Lakh with Charge ID 100571333 was registered on 15 Mar 2022.
Ceased
Sangita Bansal ceased to be Additional Director.
Appointed
Sangita Bansal was appointed as Director.
Ceased
Vinod Bansal ceased to be Director.
Charges
A charge registered on 30 Jun 2011 via Charge ID 10299007 with Bank Of India was fully satisfied on 28 Aug 2020.
Charges
A charge registered on 28 May 2014 via Charge ID 10507200 with Bank Of India was fully satisfied on 29 Jan 2019.
Charges
A charge registered on 24 Jan 2014 via Charge ID 10481116 with Bank Of India was fully satisfied on 29 Jan 2019.
Charges
A charge registered on 04 Feb 2013 via Charge ID 10405747 with Bank Of India was fully satisfied on 29 Jan 2019.
Charges
A charge registered on 20 Nov 2012 via Charge ID 10389920 with Bank Of India was fully satisfied on 29 Jan 2019.
22 earlier events are in the company report.
Frequently asked questions
Ace Innovators is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 14 March 1996 (30+ years old) and is registered under CIN U74140DL1996PTC077176.
Ace Innovators has 3 current directors:
- Vikram Gupta - Director
- Vinay Pal Jain - Director
- Sangita Bansal - Director
The latest financial statements of Ace Innovators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Innovators is 07AABCA0906D1ZE, registered in Delhi. The company has 22 GST registrations in all, of which 3 are active and 19 are cancelled or inactive. Other active GSTINs include 06AABCA0906D1ZG (Haryana), 24AABCA0906D1ZI (Gujarat).
The CIN (Corporate Identification Number) of Ace Innovators is U74140DL1996PTC077176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Innovators has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Ace Innovators was incorporated on 14 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Sangita Bansal ceased to be Additional Director on 30 Nov 2021. Sangita Bansal was appointed as Director on 21 May 2021. Vinod Bansal ceased to be Director on 14 May 2021. Ace Innovators has 5 board changes on record in total.
Yes, Ace Innovators is registered as a small enterprise under Udyam registration (number: UDYAM-DL-11-0023758).
Ace Innovators can be reached through the website matrixbps.com. Its registered office is in New Delhi, Delhi, India.