About Ace Manufacturing Systems Limited
Data last updated: 29 July 2025
Ace Manufacturing Systems Limited was a public limited company based in Bangaluru, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in industrial machine tools, a part of the broader machinery and industrial equipment sector. Incorporated on 07 March 1994.
Registered with ROC Bangalore under CIN U85110KA1994PLC015321.
Capital: an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹76.4 Lakh. It was led by directors including Lagadamane Shankarnarayana Umesh and Thirumalaimuppur Kuppuswamy Ramesh.
Last AGM: 20 May 2023. Financial statements filed for year ended 31 March 2023. Office: Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹885.85 Cr, a growth of 28% compared to the previous year.
The company had a reported workforce of approximately 513 employees prior to being dissolved.
As per MCA filings, the company had satisfied charges of ₹97.25 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is acemicromatic.net.
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Registered AddressPlot No. 467 – 469 12Th Cross 4Th Phase, Peenya Induatrail Area India, Bangalore, Karnataka, India – 560058
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IndustryMachinery and Equipment, Industrial Machine Tools
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited has one previous CIN (Corporate Identification Number): U02922KA1994PTC015321. The current CIN is U85110KA1994PLC015321, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PLC015321 | Current |
| U02922KA1994PTC015321 | Previous |
Business Activity of Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Ace Manufacturing Systems Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited is audited by B K Ramadhyani & Co LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B K Ramadhyani & Co LLP | Locked | Locked | Locked |
Complete auditor history for Ace Manufacturing Systems Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited is currently managed by 8 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lagadamane Shankarnarayana Umesh | Whole-Time Director | 11 Aug 2018 | 8 Years 0 Months | As last reported |
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Thirumalaimuppur Kuppuswamy Ramesh
Also directs:
Indian Machine Tool Manufacturers Association, Ace Designers Limited, Taurus Private Limited and 2 more
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Director | 04 Aug 2007 | 19 Years 0 Months | As last reported |
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Shrinivas Shirgurkar Govindrao
Also directs:
Auto Cnc Machining Limited, Indian Machine Tool Manufacturers Association, Pragati Transmission Private Limited. and 2 more
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Director | 07 Mar 1994 | 32 Years 5 Months | As last reported |
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Shubha Rao Mayya
Also directs:
Ace Designers Limited, Stove Kraft Limited, Le Travenues Technology Limited and 1 more
|
Director | 11 Aug 2018 | 8 Years 0 Months | As last reported |
| Benedict Machado | Director | 07 Mar 1994 | 32 Years 5 Months | As last reported |
| Benne Gopal Rao Dwarakanath | Director | 01 Apr 2013 | 13 Years 4 Months | As last reported |
Financials of Ace Manufacturing Systems Limited FY 2023 filings available
Ace Manufacturing Systems Limited reported revenue of ₹885.85 Cr (up 28.00% YoY) for FY 2023.
Ten-year financial statements for Ace Manufacturing Systems Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ace Manufacturing Systems Limited
Shareholding and ownership data for Ace Manufacturing Systems Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited has 1 joint venture and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Ace Manufacturing Systems Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Ace Manufacturing Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2017 | Karnataka Bank Ltd. | ₹50 Cr | Satisfied |
| 02 Sep 2005 | The Karnataka Bank Ltd | ₹20 Cr | Satisfied |
| 22 Nov 1994 | Canara Bank | ₹27.25 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited has a workforce of 513 employees as of Apr 09, 2024.
Employee and EPFO history for Ace Manufacturing Systems Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Ace Manufacturing Systems Limited
GST registrations and filing compliance for Ace Manufacturing Systems Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Ace Manufacturing Systems Limited
Credit ratings, litigation, and regulatory alerts for Ace Manufacturing Systems Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Manufacturing Systems Limited
MSME payment history for Ace Manufacturing Systems Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Manufacturing Systems Limited
Corporate group structure for Ace Manufacturing Systems Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ace Manufacturing Systems Limited
MCA filings and documents for Ace Manufacturing Systems Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Ace Manufacturing Systems Limited
Recent News on Ace Manufacturing Systems Limited
Frequently Asked Questions about Ace Manufacturing Systems Limited
Ace Manufacturing Systems Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ace Manufacturing Systems Limited is a amalgamated public limited company in the machinery and equipment sector based in Bangaluru, Karnataka, India. It was incorporated on 07 March 1994 and is registered under CIN U85110KA1994PLC015321. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Ace Manufacturing Systems Limited was incorporated on 07 March 1994. Registered with ROC Bangalore.
The current directors of Ace Manufacturing Systems Limited are:
- Lagadamane Shankarnarayana Umesh - Whole-Time Director
- Thirumalaimuppur Kuppuswamy Ramesh - Director
- Shrinivas Shirgurkar Govindrao - Director
- Shubha Rao Mayya - Director
- Benedict Machado - Director
- Benne Gopal Rao Dwarakanath - Director
- Ramadas Puttige - Managing Director
- Chandra - Director
The CIN (Corporate Identification Number) of Ace Manufacturing Systems Limited is U85110KA1994PLC015321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Ace Manufacturing Systems Limited is machinery and equipment. The company specifically operates in industrial machine tools.