Ace Latex And Steel Private Limited - Company Profile

It is a plastics private limited company based in Madurai, Tamil Nadu, India, established in 2010.
2010 Madurai, Tamil Nadu, India Active
Last Updated:
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About Ace Latex And Steel Private Limited

Ace Latex And Steel Private Limited, a active private limited company, was established on 28 December 2010 in Madurai, Tamil Nadu, India. Engaging in fabricated metal products within the manufacturing sector, it holds CIN: U25190TN2010PTC078596. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹4.00 M.

It upholds a active non-compliant status. Employing 5 professional, Its leadership includes Subathra Periakaruppan (Director), Ponnusamy Deivasigamani (Director). Past directors included Periasamyservai Chandran, Kandasamy Sundar, Murugan Kandasamy. It holds ₹1.66 Cr open charges and no settled loans. Its latest AGM occurred on 28 September 2019, with the balance sheet filed on 31 March 2019. It is based at No.1, Muthupatti Kanmaikarai Road, Vellaripatti, Behind Tvs Srichakara, Poosaripatti Post, ,, Madurai, Tamil Nadu, 625122.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25190TN2010PTC078596

  • Registration Number

    078596

  • Incorporation Date

    28 December 2010

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹4.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.66 Cr
  • Revenue Growth **** -67.47%
  • Profit Growth **** -1780.41%
  • Ebitda **** -509.90%
  • Net Worth -273.42%
  • Total Assets -77.36%
Company report

Ace Latex And Steel Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Latex And Steel Private 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 Latex And Steel Private Limited?
Current Directors
Name Designation Appointment Date Status
Subathra Periakaruppan Director 28 Dec 2010 Current
Ponnusamy Deivasigamani Director 09 Mar 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 09 Mar 2017 Past
Pramod Abcsdd Director 08 Feb 2012 Past
Pramod Abcsdd Managing Director 01 Jun 2016 Past
Pramod Abcsdd Director 08 Feb 2012 Past

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Financial Performance of Ace Latex And Steel.

Ace Latex And Steel Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 67.47% decrease. The company also saw a substantial fall in profitability, with a 1780.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 273.42%.

Ace Latex And Steel revenue growth over time
Ace Latex And Steel 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
********
 -67.47%
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*******
*******
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Revenue from Operations
*******
 -67.49%
*******
*******
*******
*******
Total Assets
*******
 -77.36%
*******
*******
*******
*******
Profit or Loss
*******
 -1780.41%
*******
*******
*******
*******
Net Worth
*******
 -273.42%
*******
*******
*******
*******
EBITDA
*******
 -509.90%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Latex And Steel?

In 2019, Ace Latex And Steel 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

₹16,600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 1.00 Cr
  • State Bank Of India : 0.66 Cr
Latest Charge Details
Date Lender Amount Status
26 Aug 2015 Hdfc Bank Limited ₹5.00 M Open
23 Jun 2015 Hdfc Bank Limited ₹5.00 M Open
31 Dec 2011 State Bank Of India ₹6.60 M Open

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How Many Employees Work at Ace Latex And Steel?

Ace Latex And Steel has a workforce of 5 employees as of Apr 08, 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 Latex And Steel, 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 Latex And Steel'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 Latex And Steel
Recent Activity within the Organization
  • Annual General Meeting

    The activity Ace Latex And Steel Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records. was completed.

  • Balance Sheet

    Ace Latex And Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Ponnusamy Deivasigamani was appointed as a Director was appointed as a Director on 09 Mar 2017 & has been associated with this company since 8 years 11 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 10594975 was registered on 26 Aug 2015. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 10599441 was registered on 23 Jun 2015. was documented.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 6.60 M with Charge ID 10510208 was registered on 31 Dec 2011. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ace Latex And Steel Private Limited?

The CIN of Ace Latex And Steel Private Limited is U25190TN2010PTC078596.

Where is Ace Latex And Steel Private Limited headquartered?

Ace Latex And Steel Private Limited is headquartered at No.1, Muthupatti Kanmaikarai Road, Vellaripatti, Behind Tvs Srichakara, Poosaripatti Post, ,, Madurai, Tamil Nadu, 625122.

When was Ace Latex And Steel Private Limited incorporated?

Ace Latex And Steel Private Limited was incorporated on 28 December 2010.

Who are the current directors of Ace Latex And Steel Private Limited?

The current directors of Ace Latex And Steel Private Limited are

What is the primary industry of Ace Latex And Steel Private Limited?

The primary industry of Ace Latex And Steel Private Limited is Manufacturing.

Is Ace Latex And Steel Private Limited a listed company?

Ace Latex And Steel Private Limited is unlisted.

What is the capital structure of Ace Latex And Steel Private Limited?

The authorized capital of Ace Latex And Steel Private Limited is ₹4.00 M, and the paid-up capital is ₹4.00 M.

What is the compliance status of Ace Latex And Steel Private Limited?

The compliance status of Ace Latex And Steel Private Limited is Active Non-Compliant.

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