About Ace Resources and Solutions Private Limited
Data last updated:
Ace Resources and Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 12 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC188162. Its GSTIN is 27AAACW8652R1ZF (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹18.5 Lakh. It was formerly known as Walltex Infra-Tech Private Limited. It is led by directors Atul Malhotra Mohan and Amit Seth Keval.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 55 – B Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.83 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.91 Lakh (net margin -1%) and EBITDA of ₹23.42 Lakh (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 25% over five years.
As per MCA filings, the company has satisfied charges of ₹15.3 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceresources.com.
CIN History of Ace Resources and Solutions Private Limited
Ace Resources and Solutions has one previous CIN (Corporate Identification Number): U45202MH2008PTC188162. The current CIN is U74900MH2008PTC188162, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2008PTC188162 | Current |
| U45202MH2008PTC188162 | Previous |
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- Website
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- Registered Address55 – B Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Shipping & Maritime Services
- 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
- One PDF report, delivered after checkout
Financials of Ace Resources and Solutions Private Limited FY 2019 filings available
Ace Resources and Solutions Private Limited reported revenue of ₹2.83 Cr (up 115702% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Ace Resources and Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years. EBITDA rose 118% 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 of Ace Resources and Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹23.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.91 Lakh | •••• | •••• | •••• | •••• |
| 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 of Ace Resources and Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ace Resources and Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ace Resources and Solutions Private Limited
Ace Resources and Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Malhotra Mohan Also directs: Ace Ocean Resources Private Limited, Bay Tankers Private Limited, Crownlex Consultants LLP and 4 more | Director | 21 Nov 2010 | 15 Years 11 Months | Current |
| Amit Seth Keval Also directs: Alphafleet Shipping Services LLP, Rudramarine Tankers LLP, Ah Rigserve Oil Field Services Private Limited and 4 more | Director | 01 Nov 2010 | 15 Years 11 Months | Current |
Peer Comparison of Ace Resources and Solutions Private Limited
Ace Resources and Solutions Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dream Marine Private Limited | ₹2.91 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Skas Shipping Private Limited | ₹2.91 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Sil Safeway India Logistics Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Gandhidham, Gujarat, India |
| Austere Shipping & Logistics Private Limited | ₹2.84 Cr (FY 2024) | •••• | •••• | -71.0% | •••• | Kolkata, West Bengal, India |
| Sohom Shipping Private Limited | ₹2.84 Cr (FY 2024) | •••• | •••• | -79.0% | •••• | Kolkata, West Bengal, India |
| Ace Resources and Solutions Private Limited this company | ₹2.83 Cr (FY 2019) | •••• | •••• | 115702.0% | •••• | Mumbai, Maharashtra, India |
| P N D Maritime Private Limited | ₹2.83 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Proactive Ship Supply Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Dombivli, Maharashtra, India |
| J B Engineers Private Limited | ₹2.82 Cr (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Jalan Shipping and Logistics Private Limited | ₹2.81 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | Mumbai, Maharashtra, India |
| Marina Shipbrokers India Private Limited | ₹2.8 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ace Resources and Solutions by revenue in the Shipping industry (Shipping Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Ace Resources and Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ace Resources and Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Nov 2012 | The Saraswat Cooperative Bank Ltd | ₹3.47 Cr | Satisfied |
| 12 Oct 2012 | The Saraswat Cooperative Bank Ltd | ₹7.65 Cr | Satisfied |
| 20 Mar 2012 | The Saraswat Cooperative Bank Ltd | ₹4.18 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Ace Resources and Solutions Private Limited
Ace Resources and Solutions Private Limited has 6 court cases on record: 2 filed by Ace Resources and Solutions, 3 filed against it, 1 where it is another party. 3 cases are pending and 3 are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Sunil Paint and Varnishers Company Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Sunil Paint and Varnishers Company Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Prince Marine Transport Services Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ace Resources and Solutions Private Limited
Employment history and EPFO contributions of people linked to Ace Resources and Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ace Resources and Solutions Private Limited
Ace Resources and Solutions Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Yugati Rajesh Mudgal ceased to be Director on 21 Dec 2010.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ace Resources and Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ace Resources and Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ace Resources and Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ace Resources and Solutions Private Limited
Ace Resources and Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW8652R1ZF | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ace Resources and Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ace Resources and Solutions Private Limited
Ace Resources and Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 12 November 2008 (18+ years old) and is registered under CIN U74900MH2008PTC188162.
Ace Resources and Solutions reported revenue of ₹2.83 Cr for FY 2019 (up 115702% YoY).
Ace Resources and Solutions has 2 current directors:
- Atul Malhotra Mohan - Director
- Amit Seth Keval - Director
Ace Resources and Solutions reported a net loss of ₹2.91 Lakh (net margin -1%) and EBITDA of ₹23.42 Lakh (EBITDA margin 8.3%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Resources and Solutions is 20% over three years and -25% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Resources and Solutions is 27AAACW8652R1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Resources and Solutions is U74900MH2008PTC188162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Resources and Solutions has 6 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Ace Resources and Solutions was incorporated on 12 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace Resources and Solutions by revenue are Dream Marine Private Limited, Skas Shipping Private Limited, Sil Safeway India Logistics Private Limited, Austere Shipping & Logistics Private Limited, Sohom Shipping Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Yugati Rajesh Mudgal ceased to be Director on 21 Dec 2010. Atul Malhotra Mohan was appointed as Director on 21 Nov 2010. Amit Seth Keval was appointed as Director on 01 Nov 2010. Ace Resources and Solutions has 4 board changes on record in total.