Ace Panels Private Limited
About Ace Panels Private Limited
Data last updated:
Ace Panels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 27 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20296KA2012PTC062277. Its GSTIN is 29AAKCA5635Q1ZW (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹23.5 Lakh. It is led by directors including Gajendra Kumar Jain and Ramesh Kumar Rathi.
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 No. 561 2nd Floor 3rd Main 11th Cross West Of Chord Road 2nd Stage., Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.08 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.39 Lakh (net margin 0.8%) and EBITDA of ₹3.59 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ace Panels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 561 2nd Floor 3rd Main 11th Cross West Of Chord Road 2nd Stage., Bangalore, Karnataka, India – 560086
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Ace Panels 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 Panels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ace Panels Private Limited, buy the company report.
Financials of Ace Panels Private Limited
FY 2025 filings availableAce Panels Private Limited reported revenue of ₹3.08 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 45% fall in the latest year. EBITDA fell 70% 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 |
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| EBITDA | ₹3.59 Lakh | ||||
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| Net Profit (PAT) | ₹2.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Ace Panels Private Limited, buy the company report.
Board of directors of Ace Panels Private Limited
Ace Panels has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendra Kumar Jain Also directs: Kidz Auto Bharat LLP | Director | 27 Jan 2012 | 14 Years 9 Months | Current |
| Ramesh Kumar Rathi Also directs: Concentus Softech Private Limited | Director | 27 Jan 2012 | 14 Years 9 Months | Current |
| Disha Banthia | Director | 22 Apr 2015 | 11 Years 6 Months | Current |
| Rajesh Lohia Also directs: Concentus Softech Private Limited | Director | 12 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Ace Panels Private Limited is audited by B S D & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S D & CO | FY 2022 | 000312S |
Shareholding
The shareholding of Ace Panels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Panels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ace Panels 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 Panels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace Panels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCA5635Q1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Panels Private Limited, buy the company report.
Recent activity
Ace Panels Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Disha Banthia ceased to be Additional Director on 21 Sep 2015.
Frequently asked questions
Ace Panels is an active private limited company based in Bangalore, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 27 January 2012 (14+ years old) and is registered under CIN U20296KA2012PTC062277.
Ace Panels has 4 current directors:
- Gajendra Kumar Jain - Director
- Ramesh Kumar Rathi - Director
- Disha Banthia - Director
- Rajesh Lohia - Director
The latest financial statements of Ace Panels 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.
The GSTIN of Ace Panels is 29AAKCA5635Q1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Ace Panels is U20296KA2012PTC062277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Panels was incorporated on 27 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Disha Banthia ceased to be Additional Director on 21 Sep 2015. Rajesh Lohia ceased to be Additional Director on 21 Sep 2015. Disha Banthia was appointed as Director on 22 Apr 2015. Ace Panels has 6 board changes on record in total.
The registered office of Ace Panels is at No. 561 2nd Floor 3rd Main 11th Cross West Of Chord Road 2nd Stage., Bangalore, Karnataka, India – 560086.
Ace Panels operates in the manufacturing industry, in the wood products and mdf segment.
The compliance status of Ace Panels is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
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