MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-11-0002118
Ace Mouldings Limited
Ace Mouldings Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.99 Cr
▼ 21% YoY
Net profit · FY 2024
₹14.17 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹1.17 Cr
EBITDA margin 6.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹7.5 Cr
Satisfied ₹12.82 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
23
Provident fund records
About Ace Mouldings Limited
Data last updated:
Ace Mouldings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 May 1999 and has been in existence for over 27 years.
Its director Naveen Jain and family are #1,202 among India's richest people (2026). Its director Bharat Vageria and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28992MH1999PLC119981. Its GSTIN is 27AABCA8724B1Z0 (Maharashtra). The company holds 4 GST registrations, of which 3 are 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 Raghupathy Thyagarajan and Naveen Mahendrakumar 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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.99 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹14.17 Lakh (net margin 0.8%) and EBITDA of ₹1.17 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹12.82 Cr on record.
Ace Mouldings Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002118). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28992MH1999PLC119981
Registration Number 119981
Incorporation Date 21 May 1999
ROC Mumbai
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-HP-11-0002118
CIN history
Ace Mouldings has one previous CIN (Corporate Identification Number): L28992MH1999PLC119981. The current CIN is U28992MH1999PLC119981, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28992MH1999PLC119981 | Current |
| L28992MH1999PLC119981 | Previous |
Key People
Raghupathy Thyagarajan Director Naveen Mahendrakumar Jain Director Bharat Kumar Ratanlal Vageria Director Recognitions & Rankings of Ace Mouldings
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,202 Naveen Jain & family ₹2,000 Cr
- #1,482 Bharat Vageria & family ₹1,400 Cr
Contact details
Ace Mouldings Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 2 3 'C' Wing 2 – Flr Tex Centre Prm Co – Op Soc Ltd Chandivali Rd Off Saki Vihar Rd Andher, I (East), Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Ace Mouldings Limited, buy the company report.
Comprehensive company report
Ace Mouldings 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
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Business activity
The main business activity of Ace Mouldings is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ace Mouldings Limited, buy the company report.
Financials of Ace Mouldings Limited
FY 2024 filings availableAce Mouldings Limited reported revenue of ₹16.99 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹16.99 Cr ▼ 21%
Net profit · FY 2024
₹14.17 Lakh margin 0.8%
EBITDA · FY 2024
₹1.17 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 5%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 37% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.17 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Mouldings Limited, buy the company report.
Board of directors of Ace Mouldings Limited
Ace Mouldings has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghupathy Thyagarajan | Director | 15 Nov 2014 | 11 Years 11 Months | Current |
| Naveen Mahendrakumar Jain | Director | 15 Nov 2014 | 11 Years 11 Months | Current |
| Bharat Kumar Ratanlal Vageria | Director | 09 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Ace Mouldings Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VTR Industries Private Limited | ₹17.05 Cr (FY 2024) | 61.0% | Kolkata, West Bengal, India | |||
| Jawa Plastech Private Limited | ₹17.04 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Ace Mouldings Limitedthis company | ₹16.99 Cr (FY 2024) | ₹14.17 Lakh | 0.8% | -21.0% | 23 | Mumbai, Maharashtra, India |
| Opal Ware Private Limited | ₹16.97 Cr (FY 2024) | 0.0% | Village Bajrang Palaya, Madhya Pradesh, India | |||
| Ornate Plastics Pvt Ltd | ₹16.94 Cr (FY 2025) | 11.0% | Rajkot, Gujarat, India | |||
| BBN Plastic Private Limited | ₹16.94 Cr (FY 2025) | -31.0% | Cuttack, Odisha, India |
To see the full peer comparison of Ace Mouldings Limited, buy the company report.
Auditor
Ace Mouldings Limited is audited by Shah & Taparia Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Taparia Chartered Accountants | FY 2023 | 109463W |
Shareholding
The shareholding of Ace Mouldings 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 Mouldings Limited, buy the company report.
Charges & borrowings
Open charges
₹7.5 Cr
Satisfied charges
₹12.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101138545 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 21 Dec 2019 | 100315767 | The South Indian Bank Limited | ₹8.27 Cr | Satisfied | |
| 26 Nov 2008 | 10133151 | Idbi Bank Limited | ₹4.55 Cr | Satisfied |
To see the full charge records of Ace Mouldings Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ace Mouldings 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 Mouldings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Mouldings Limited has a workforce of 23 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
Employee count
23
Active EPFO establishments
2
Employee growth
9.52%
GST
Ace Mouldings has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA8724B1Z0 | Maharashtra | Active | 08 Aug 2017 |
| 27AABCA8724B2ZZ | Maharashtra | Active | 24 Sep 2020 |
| 02AABCA8724B1ZC | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Mouldings Limited, buy the company report.
Recent activity
Ace Mouldings Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Anil Jain ceased to be Director on 06 Feb 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 7.50 Cr registered on 24 Jul 2025 with Charge ID 101138545 was modified on 05 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.50 Cr with Charge ID 101138545 was registered on 24 Jul 2025.
AGM
Ace Mouldings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ace Mouldings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 21 Dec 2019 via Charge ID 100315767 with The South Indian Bank Limited was fully satisfied on 04 Sep 2023.
Ceased
Anil Jain ceased to be Director.
Charges
A charge with The South Indian Bank Limited of Rs. 8.27 Cr registered on 21 Dec 2019 with Charge ID 100315767 was modified on 30 Jun 2020.
Charges
A charge registered on 26 Nov 2008 via Charge ID 10133151 with Idbi Bank Limited was fully satisfied on 06 Jan 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 8.27 Cr with Charge ID 100315767 was registered on 21 Dec 2019.
Charges
A charge with Idbi Bank Limited of Rs. 4.55 Cr registered on 26 Nov 2008 with Charge ID 10133151 was modified on 11 Mar 2019.
Ceased
Naveen Mahendrakumar Jain ceased to be Additional Director.
Ceased
Raghupathy Thyagarajan ceased to be Additional Director.
11 earlier events are in the company report.
Frequently asked questions
Ace Mouldings is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 21 May 1999 (27+ years old) and is registered under CIN U28992MH1999PLC119981.
Ace Mouldings has 3 current directors:
- Raghupathy Thyagarajan - Director
- Naveen Mahendrakumar Jain - Director
- Bharat Kumar Ratanlal Vageria - Director
The latest financial statements of Ace Mouldings 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 Mouldings is 27AABCA8724B1Z0, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCA8724B2ZZ (Maharashtra), 02AABCA8724B1ZC (Himachal Pradesh).
The CIN (Corporate Identification Number) of Ace Mouldings is U28992MH1999PLC119981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Mouldings was incorporated on 21 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace Mouldings by revenue are VTR Industries Private Limited, Jawa Plastech Private Limited, Opal Ware Private Limited, Ornate Plastics Pvt Ltd, BBN Plastic Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Anil Jain ceased to be Director on 06 Feb 2022. Naveen Mahendrakumar Jain ceased to be Additional Director on 30 Sep 2015. Raghupathy Thyagarajan ceased to be Additional Director on 30 Sep 2015. Ace Mouldings has 12 board changes on record in total.
Yes, Ace Mouldings is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0002118).
The registered office of Ace Mouldings is at 1 2 3 C Wing 2 – Flr Tex Centre Prm Co – Op Soc Ltd Chandivali Rd Off Saki Vihar Rd Andher, I East, Mumbai, Maharashtra, India – 400072.
Ace Mouldings operates in the manufacturing industry, in the plastic-based products segment.
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