- Category
- Micro (2023-24)
- Udyam number
- UDYAM-DD-01-0000013

Ace Merchandisers Private Limited
About Ace Merchandisers Private Limited
Data last updated:
Ace Merchandisers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 15 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1995PTC086506. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harsh Rekha Garg and Ajay Kumar Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 417 Maker Chambers Vnariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.73 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1,910 (net margin 0.1%) and EBITDA of ₹15,570 (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹13.75 Cr and satisfied charges of ₹10.4 Cr on record.
Ace Merchandisers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000013). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ace Merchandisers
Contact details
Ace Merchandisers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address417 Maker Chambers Vnariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Ace Merchandisers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ace Merchandisers is construction. In detail, this covers civil engineering.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 42 | Civil engineering |
To see the full business activity and turnover split of Ace Merchandisers Private Limited, buy the company report.
Financials of Ace Merchandisers Private Limited
FY 2025 filings availableAce Merchandisers Private Limited reported revenue of ₹13.73 Lakh (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 14% growth in the latest year. EBITDA fell 48% 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 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 | ₹15,570 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,910 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ace Merchandisers Private Limited, buy the company report.
Board of directors of Ace Merchandisers Private Limited
Ace Merchandisers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Rekha Garg Also directs: N D Metal Industries Limited, Dari Traders Private Limited, Bandra Merchandisers Private Limited and 4 more | Director | 06 Jul 1999 | 27 Years 3 Months | Current |
| Ajay Kumar Garg Also directs: N D Metal Industries Limited, Dari Traders Private Limited, Bandra Merchandisers Private Limited and 5 more | Director | 06 Jul 1999 | 27 Years 3 Months | Current |
Peer comparison
Ace Merchandisers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (civil engineering), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shavox Solutions Private Limited | ₹14.87 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Madhumukul Infraprojects Private Limited | ₹14.33 Lakh (FY 2025) | -62.0% | Mumbai, Maharashtra, India | |||
| Laxmi Consinfra Private Limited | ₹14.32 Lakh (FY 2024) | 41.0% | Begusarai, Bihar, India | |||
| R.G. Land Craft (India) Limited | ₹14.14 Lakh (FY 2024) | -20.0% | Delhi, India | |||
| Shivrun Eco Construction Private Limited | ₹13.8 Lakh (FY 2025) | Ganaur, Haryana, India | ||||
| Ace Merchandisers Private Limitedthis company | ₹13.73 Lakh (FY 2025) | ₹1,910 | 0.1% | 14.0% | Mumbai, Maharashtra, India | |
| Dragonwarrior Construction Services Private Limited | ₹13.32 Lakh (FY 2025) | Arrah, Bihar, India | ||||
| Maas Engineering Enterprises Private Limited | ₹13.28 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Om Infra Power Private Limited | ₹13.27 Lakh (FY 2025) | -60.0% | Nagpur, Maharashtra, India | |||
| Nagur Infra Private Limited | ₹13.02 Lakh (FY 2025) | -70.0% | Nanded, Maharashtra, India | |||
| Macro Infrasys Private Limited | ₹12.59 Lakh (FY 2024) | Bengaluru, Karnataka, India |
To see the full peer comparison of Ace Merchandisers Private Limited, buy the company report.
Auditor
Ace Merchandisers Private Limited is audited by RAVINDRA TIWARI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA TIWARI & ASSOCIATES | FY 2021 | 134778W |
Shareholding
The shareholding of Ace Merchandisers Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ace Merchandisers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2012 | 10342979 | Others | ₹12 Cr | Open | |
| 21 Apr 2011 | 10286933 | Punjab National Bank | ₹1.75 Cr | Open | |
| 21 Apr 2011 | 10290781 | Punjab National Bank | ₹1.75 Cr | Satisfied | |
| 27 Jan 2006 | 90351555 | Punjab National Bank | ₹8.65 Cr | Satisfied |
To see the full charge records of Ace Merchandisers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Ace Merchandisers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Merchandisers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace Merchandisers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ace Merchandisers Private Limited, buy the company report.
Recent activity
Ace Merchandisers Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Alok Raghunath Chaturvedi ceased to be Director on 07 Nov 2012.
2 earlier events are in the company report.
Frequently asked questions
Ace Merchandisers is an active private limited company based in Mumbai, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 15 March 1995 (31+ years old) and is registered under CIN U99999MH1995PTC086506.
Ace Merchandisers has 2 current directors:
- Harsh Rekha Garg - Director
- Ajay Kumar Garg - Director
The latest financial statements of Ace Merchandisers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Ace Merchandisers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ace Merchandisers is U99999MH1995PTC086506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Merchandisers was incorporated on 15 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace Merchandisers by revenue are Shavox Solutions Private Limited, Madhumukul Infraprojects Private Limited, Laxmi Consinfra Private Limited, R.G. Land Craft (India) Limited, Shivrun Eco Construction Private Limited and 5 more, all in the same principal business activity (civil engineering).
Alok Raghunath Chaturvedi ceased to be Director on 07 Nov 2012. Ajay Kumar Garg was appointed as Director on 06 Jul 1999. Harsh Rekha Garg was appointed as Director on 06 Jul 1999.
Yes, Ace Merchandisers is registered as a micro enterprise under Udyam registration (number: UDYAM-DD-01-0000013).
The registered office of Ace Merchandisers is at 417 Maker Chambers Vnariman Point, Mumbai, Maharashtra, India – 400021.
Ace Merchandisers operates in the trading industry, in the retailers segment.

