About Ace Pipeline Contracts Private Limited
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Ace Pipeline Contracts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1989PTC051308. Its GSTIN is 27AABCA3913G1Z1 (Maharashtra). The company holds 26 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.99 Cr. It was formerly known as Mideast Construction Private Limited. It is led by directors including Gurmeet Singh and Tarun Anoop Singh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹793.47 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹51.34 Cr (net margin 6.5%) and EBITDA of ₹96.22 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 30% over five years.
The company has about 553 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹587.49 Cr and satisfied charges of ₹180.42 Cr on record. Court records list 74 cases involving the company, including 16 filed by the company and 58 filed against it; 9 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹25 Lakh; the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acepipeline.co.in.
Company details
Contact details
Ace Pipeline Contracts Private Limited's registered office is in Mumbai, Maharashtra. Its website is acepipeline.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCott No 4 Stanburg Estate, Ground Floor Gawde Marg Juhu, Mumbai, Maharashtra, India – 400049
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ace Pipeline Contracts 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 Pipeline Contracts is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Ace Pipeline Contracts Private Limited, buy the company report.
Financials of Ace Pipeline Contracts Private Limited
FY 2025 filings availableAce Pipeline Contracts Private Limited reported revenue of ₹793.47 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 22% 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 |
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| EBITDA | ₹96.22 Cr | ||||
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| Net Profit (PAT) | ₹51.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 6.5% | ||||
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To see the full financial statements and ratios of Ace Pipeline Contracts Private Limited, buy the company report.
Board of directors of Ace Pipeline Contracts Private Limited
Ace Pipeline Contracts has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurmeet Singh Also directs: Minal Warehousing Private Limited | Director | 07 Apr 1989 | 37 Years 6 Months | Current |
| Tarun Anoop Singh | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Ravneet Anoop Singh | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Ace Pipeline Contracts Private Limited is audited by A. J. BHATT & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. J. BHATT & ASSOCIATES | FY 2024 | 136543W |
Shareholding
The shareholding of Ace Pipeline Contracts 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Pipeline Contracts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101195617 | Others | ₹31 Lakh | Open | |
| 18 Oct 2025 | 101177008 | Others | ₹63.5 Lakh | Open | |
| 14 Oct 2025 | 101189838 | Others | ₹64 Lakh | Open | |
| 28 May 2025 | 101109646 | Others | ₹10 Cr | Open | |
| 06 May 2025 | 101099424 | Standard Chartered Bank | ₹75.84 Cr | Open |
To see the full charge records of Ace Pipeline Contracts Private Limited, buy the company report.
Total charge records: 84 View all charges
Deals & funding
Ace Pipeline Contracts Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹25 Lakh; the latest was in March 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Ace Energy Infrastructure Private Limited Seller: an individual |
| Jun 2023 | Rights issue | ₹4.99 Cr | Investors: 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Funding round | ₹15 Lakh | Investors: 4 individuals |
To see the full deal history of Ace Pipeline Contracts Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ace Pipeline Contracts Private Limited has 74 court cases on record: 16 filed by Ace Pipeline Contracts, 58 filed against it. 9 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 42 | 4 |
| High courts | 21 | 13 | 5 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Court case (SMST S) | Filed against the company by Sealine Shipping and Logistics Pvt Ltd Through Director Jeet Manoj Khona | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Indian Oil Corporation Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Welspun Corp Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Welspun Corp Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Bharat Petroleum Corporation Ltd. | Pending |
To see the full case history of Ace Pipeline Contracts Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Pipeline Contracts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Pipeline Contracts Private Limited has a workforce of 553 employees on its EPFO records as of Feb 06, 2025, across 2 active EPFO establishments.
GST
Ace Pipeline Contracts has 26 GST registrations: 20 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA3913G1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 06AABCA3913G1Z5 | Haryana | Active | 01 Jul 2017 |
| 08AABCA3913G1Z1 | Rajasthan | Active | 01 Jul 2017 |
| 09AABCA3913G1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Pipeline Contracts Private Limited, buy the company report.
Recent activity
Ace Pipeline Contracts Private Limited has 8 board changes on record since 1989: 4 appointments and 4 cessations. The latest: Govinder Kaur ceased to be Director on 05 Apr 2019.
146 earlier events are in the company report.
Frequently asked questions
Ace Pipeline Contracts is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 April 1989 (37+ years old) and is registered under CIN U45200MH1989PTC051308.
Ace Pipeline Contracts has 3 current directors:
- Gurmeet Singh - Director
- Tarun Anoop Singh - Director
- Ravneet Anoop Singh - Director
The latest financial statements of Ace Pipeline Contracts 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 Pipeline Contracts is 27AABCA3913G1Z1, registered in Maharashtra. The company has 26 GST registrations in all, of which 20 are active and 6 are cancelled or inactive. Other active GSTINs include 06AABCA3913G1Z5 (Haryana), 08AABCA3913G1Z1 (Rajasthan), 09AABCA3913G1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ace Pipeline Contracts is U45200MH1989PTC051308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Pipeline Contracts has 74 court cases on record: 16 filed by the company and 58 filed against it. 9 are pending. Most are in the district courts.
Ace Pipeline Contracts was incorporated on 07 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Ace Pipeline Contracts has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹25 Lakh; the latest was in March 2025.
Govinder Kaur ceased to be Director on 05 Apr 2019. Khushwant Singh ceased to be Director on 10 Nov 2017. Ravneet Anoop Singh ceased to be Additional Director on 30 Sep 2015. Ace Pipeline Contracts has 8 board changes on record in total.
Ace Pipeline Contracts can be reached through the website acepipeline.co.in. Its registered office is in Mumbai, Maharashtra, India.
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