Ace Mica Private Limited

Ace Mica Private Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U36997GJ2015PTC082552 Incorporated 11 March 2015 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2024
₹72.59 Cr
▼ 19% YoY
Net profit · FY 2024
₹5.85 Cr
Net margin 8.1%
EBITDA · FY 2024
₹10.07 Cr
EBITDA margin 13.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹28.5 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
18
Provident fund records

About Ace Mica Private Limited

Data last updated:

Ace Mica Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 11 March 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36997GJ2015PTC082552. Its GSTIN is 24AANCA2827R1Z5 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Mukesh Shankarlal Kanoi and Megha Mukesh Kanoi.

Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹72.59 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.85 Cr (net margin 8.1%) and EBITDA of ₹10.07 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Acemica. As per MCA filings, the company has open charges of ₹28.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹50 Lakh; the latest was in March 2019. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 29 overdue payments to 8 micro and small suppliers.

Ace Mica Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0019313). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acemica.com.

Company details

CIN U36997GJ2015PTC082552
Registration Number 082552
Incorporation Date 11 March 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0019313
Key People
Mukesh Shankarlal Kanoi Director Megha Mukesh Kanoi Director Shankar Lalchand Kanoi Director

Recognitions & Rankings of Ace Mica

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0019313

Contact details

Ace Mica Private Limited's registered office is in Ahmedabad, Gujarat. Its website is acemica.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    acemica.com
  • Social Media
  • Registered Address
    12 Agarwal Avenue 4th Floor Opp.Navrangpura Telephone Exchange C.G., Road, Ahmedabad, Gujarat, India – 380009
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Ace Mica Private Limited, buy the company report.

Comprehensive company report
Ace Mica 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

Brands

Ace Mica operates one associated brand: Acemica. Each brand links to its own profile.

BrandDescriptionWebsite
Acemica
A brand specializing in multi-category home furniture solutions.acemica.com

Business activity

The main business activity of Ace Mica is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ace Mica Private Limited, buy the company report.

Financials of Ace Mica Private Limited

FY 2025 filings available

Ace Mica Private Limited reported revenue of ₹72.59 Cr (down 19% YoY) for FY 2024.

Revenue · FY 2024
₹72.59 Cr ▼ 19%
Net profit · FY 2024
₹5.85 Cr margin 8.1%
EBITDA · FY 2024
₹10.07 Cr margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 15%
5 years · compounded
▲ 7%

Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 6% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹72.59 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹10.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.85 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.9%
Net Profit Margin8.1%
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 Mica Private Limited, buy the company report.

Board of directors of Ace Mica Private Limited

Ace Mica has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh Shankarlal Kanoi
Also directs: Atith Fibre Pvt Ltd, Surfex Panels Private Limited, Brown Lam Private Limited and 1 more
Director08 Mar 20224 Years 7 MonthsCurrent
Megha Mukesh Kanoi
Also directs: Vince Decor Private Limited, Styrobond Neoplast Private Limited
Director11 Mar 201511 Years 7 MonthsCurrent
Shankar Lalchand Kanoi
Also directs: Crofton Realty LLP, Ganesh Laxmi Logistic Park LLP, Atith Fibre Pvt Ltd and 4 more
Director11 Mar 201511 Years 7 MonthsCurrent
View all directors

Auditor

Ace Mica Private Limited is audited by PIYUSH J SHAH & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
PIYUSH J SHAH & COFY 2024121172W

Shareholding

The shareholding of Ace Mica Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ace Mica Private Limited, buy the company report.

Charges & borrowings

Open charges
₹28.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹20.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹8.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Mar 2022100557538The Hongkong and Shanghai Banking Corporation Limited₹8.5 CrOpen
22 Sep 201510595123Hdfc Bank Limited₹20 CrOpen

To see the full charge records of Ace Mica Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Ace Mica Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹50 Lakh; the latest was in March 2019.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹50 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2015Funding round₹50 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ace Mica Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 29 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Sharad Industrial Products Private Limited
Priyanka Paper Pvt. Ltd.
an individual supplier

To see the full MSME payment records of Ace Mica Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ace Mica Private Limited has a workforce of 18 employees on its EPFO records as of Jan 10, 2026, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1
Employee growth
-5.26%

GST

Ace Mica has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AANCA2827R1Z5GujaratActive01 Jul 2017
29AANCA2827R1ZVKarnatakaActive21 Dec 2022

To see the full GST registrations and return filing status of Ace Mica Private Limited, buy the company report.

Recent activity

Ace Mica Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Mukesh Shankarlal Kanoi was appointed as Director on 08 Mar 2022.

AGM
Ace Mica Private Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Filing
Ace Mica Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 8.50 Cr with Charge ID 100557538 was registered on 23 Mar 2022.
Appointed
Mukesh Shankarlal Kanoi was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 22 Sep 2015 with Charge ID 10595123 was modified on 27 Sep 2021.
Ceased
Anand Sitaram Tulsiyan ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 10595123 was registered on 22 Sep 2015.
Appointed
Megha Mukesh Kanoi was appointed as Director.
Appointed
Shankar Lalchand Kanoi was appointed as Director.
Incorporation
11 Mar 2015
Ace Mica Private Limited was registered on 11 Mar 2015 with Roc Ahmedabad & aged 11 years 7 months as per MCA records.

Frequently asked questions

Ace Mica is an active private limited company based in Ahmedabad, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 11 March 2015 (11+ years old) and is registered under CIN U36997GJ2015PTC082552.

Ace Mica has 3 current directors:

The latest financial statements of Ace Mica on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ace Mica is 24AANCA2827R1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AANCA2827R1ZV (Karnataka).

The CIN (Corporate Identification Number) of Ace Mica is U36997GJ2015PTC082552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace Mica has 4 court cases on record: 4 filed by the company.

Ace Mica was incorporated on 11 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ace Mica has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹50 Lakh; the latest was in March 2019.

Mukesh Shankarlal Kanoi was appointed as Director on 08 Mar 2022. Anand Sitaram Tulsiyan ceased to be Director on 01 Apr 2018. Megha Mukesh Kanoi was appointed as Director on 11 Mar 2015. Ace Mica has 4 board changes on record in total.

Yes, Ace Mica is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0019313).

Ace Mica has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 29 overdue payments to 8 micro and small suppliers. The latest return was filed on 04 Jun 2019.