About Ace Software Exports Limited
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Ace Software Exports Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 17 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L62011GJ1994PLC022781. Its GSTIN is 24AABCA8004E1ZB (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 531525.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.23 Cr. It is led by directors including Amit Mansukhlal Mehta (Managing Director) and Rahul Jayantibhai Kalaria (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹59.4 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹4.15 Cr (net margin 7%) and EBITDA of ₹6.31 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 45% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Softex. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹50 Lakh on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it. The company has 17 deals on record (17 market trades); the latest was in March 2026. Its 3 peer companies in the Media and Publishing industry (IT Consulting and Services, Publishing and Media Distribution), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 smaller; the largest is Saxon Global India Private Limited with revenue of ₹33.36 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acesoftex.com.
Company details
CIN history
Ace Software Exports has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L62011GJ1994PLC022781, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L62011GJ1994PLC022781 | Current |
| L72200GJ1994PLC022781 | Previous |
| U72200GJ1994PLC022781 | Previous |
Contact details
Ace Software Exports Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered Address609 To 619 6th Floor Solitaire Connect, Nr. Gallops Motors Makarba S.G Highway, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, Software Development & Support 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
Brands
Ace Software Exports operates one associated brand: Ace Softex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT Services Outsourcing Company | acesoftex.com |
Business activity
The main business activity of Ace Software Exports is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ace Software Exports Limited, buy the company report.
Financials of Ace Software Exports Limited
FY 2026 filings availableAce Software Exports Limited reported revenue of ₹59.4 Cr (up 80% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 80% growth in the latest year. EBITDA fell 2% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹59.4 Cr | ||||
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| EBITDA | ₹6.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ace Software Exports Limited, buy the company report.
Board of directors of Ace Software Exports Limited
Ace Software Exports has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyeshkumar Babulal Aghera | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Rahul Jayantibhai Kalaria | Whole-Time Director | 30 May 2024 | 2 Years 4 Months | Current |
| Amit Mansukhlal Mehta | Managing Director | 30 May 2024 | 2 Years 4 Months | Current |
| Sanjiv Pravinchandra Punjani Also directs: Snark Dynamic Technicals LLP, Sunflower Apparels Private Limited, Power Source Engine Parts Private Limited and 3 more | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Vikram Bhupat Sanghani | Whole-Time Director | 29 Mar 2005 | 21 Years 7 Months | Current |
| Dharmesh Chandulal Dadhania | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Ace Software Exports Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (IT Consulting and Services, Publishing and Media Distribution), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ace Software Exports Limitedthis company | ₹59.4 Cr (FY 2026) | ₹4.15 Cr | 7% | 80.0% | Ahmedabad, Gujarat, India | |
| Saxon Global India Private Limited | ₹33.36 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| Envision Enterprise Solutions Private Limited | ₹33.23 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Vdart Technologies Private Limited | ₹32.8 Cr (FY 2025) | -1.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Ace Software Exports Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2024 | 100954611 | Others | ₹5 Cr | Open | |
| 27 May 2005 | 90101109 | State Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Ace Software Exports Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ace Software Exports Limited has 17 deals on record (17 market trades); the latest was in March 2026.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹1.2 Cr | Buyer: Mohan Sunderji Dama- Huf |
| Dec 2025 | Market trade | ₹1.38 Cr | Buyer: Akalpya India Equity Fund |
| Dec 2024 | Market trade | ₹98.7 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: an individual |
| Mar 2024 | Market trade | ₹30.9 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Feb 2024 | Market trade | ₹18.8 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited |
To see the full deal history of Ace Software Exports 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 Software Exports Limited has 7 court cases on record: 2 filed by Ace Software Exports, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax - Rajkot - I | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Disposed |
| District court, RAJKOT, Gujarat | Court case (APPLN ESI) | Filed by the company against E. S. I. Corporation, Ahmedabad. | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Disposed |
To see the full case history of Ace Software Exports 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 Software Exports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace Software Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8004E1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Software Exports Limited, buy the company report.
Recent activity
Ace Software Exports Limited has 22 board changes on record since 2005: 8 appointments and 14 cessations. The latest: Dharmesh Chandulal Dadhania ceased to be Additional Director on 29 Sep 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Ace Software Exports is an active public limited company based in Ahmedabad, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 17 August 1994 (32+ years old) and is registered under CIN L62011GJ1994PLC022781. Listed on BSE: 531525.
Ace Software Exports has 8 current directors:
- Amit Mansukhlal Mehta - Managing Director
- Rahul Jayantibhai Kalaria - Whole-Time Director
- Vikram Bhupat Sanghani - Whole-Time Director
- Sanjay Harilal Dhamsania - Whole-Time Director
- Divyeshkumar Babulal Aghera - Director
- Sanjiv Pravinchandra Punjani - Director
- Dharmesh Chandulal Dadhania - Director
- Malini Mitesh Shah - Director
The latest financial statements of Ace Software Exports on record with the MCA are for the year ended 31 March 2026. 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 Software Exports is 24AABCA8004E1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Ace Software Exports is L62011GJ1994PLC022781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ace Software Exports is a listed company as per MCA records. Its shares are listed on BSE (code: 531525).
Ace Software Exports has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the high courts.
Ace Software Exports was incorporated on 17 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ace Software Exports has 17 deals on record (17 market trades); the latest was in March 2026.
The peers of Ace Software Exports by revenue are Saxon Global India Private Limited, Envision Enterprise Solutions Private Limited, Vdart Technologies Private Limited, all in the Media and Publishing industry (IT Consulting and Services, Publishing and Media Distribution), with the same principal business activity (computer programming, consultancy and related activities).
Dharmesh Chandulal Dadhania ceased to be Additional Director on 29 Sep 2024. Divyeshkumar Babulal Aghera ceased to be Additional Director on 29 Sep 2024. Malini Mitesh Shah ceased to be Additional Director on 29 Sep 2024. Ace Software Exports has 22 board changes on record in total.