About Ace Software Solutions (India)) Private Limited
Data last updated: 11 January 2026
Ace Software Solutions (India)) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 24 January 1974, the company has been in operation for over 52 years.
Registered with ROC Mumbai under CIN U30007MH1974PTC017154.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹96.03 Lakh. It is led by directors Monisha Desai and Parth Balvantrai Desai.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Unit No 21 Sdf Bldg1 Seepz Andheri (East), Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.9 Cr, a decline of 6% compared to the previous year.
The company is associated with 2 brands - Ace Software Solutions, Pelican Ai. As per MCA filings, the company has open charges of ₹16.15 Cr and satisfied charges of ₹5.25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pelican.ai.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressUnit No 21 Sdf Bldg1 Seepz Andheri (East), Mumbai, Maharashtra, India – 400096
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Ace Software Solutions (India)) Private Limited
Ace Software Solutions (India)) Private Limited operates two associated brands: ACE Software Solutions and Pelican AI. These brands represent Ace Software Solutions (India)) Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers ERP and software solutions for manufacturing, trading, and aerospace industries. | acesoft.in | |
| AI-powered solutions for payments and financial crime compliance are provided. | pelican.ai |
Competitors & Alternatives of Ace Software Solutions (India)) Private Limited
Brands and companies operating in the same space as Ace Software Solutions (India)) Private Limited include Workday, Ooma, Visma and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Workday
|
Cloud-based HR and financial software is delivered to enterprises. | Pleasanton, United States, United States | 2005 |
Ooma
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Cloud-based business telephony and home security services are provided. | Palo Alto, United States, United States | 2004 |
Visma
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Cloud-based ERP software is provided for business management across segments. | Oslo, Norway, Norway | 1996 |
Vivint
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Cloud-based smart security cameras are manufactured for home use. | Provo, United States, United States | 1999 |
Deltek
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Cloud-based ERP software is provided for project-driven organizations. | Herndon, United States, United States | 1983 |
Infor
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Cloud-based ERP software is offered for multiple industries. | New York, United States, United States | 2002 |
SimpliSafe
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Wireless home security systems are offered with cellular monitoring. | Boston, United States, United States | 2006 |
Verkada
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Enterprise video surveillance systems and platforms are developed. | San Mateo, United States, United States | 2016 |
NetSuite
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Cloud-based ERP software is delivered for multiple industries. | Redwood City, United States, United States | 1998 |
Oracle
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Hybrid cloud infrastructure solutions are delivered for business management. | Austin, United States, United States | 1977 |
Business Activity of Ace Software Solutions (India)) Private Limited
Ace Software Solutions (India)) Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | ********* |
Auditor Details of Ace Software Solutions (India)) Private Limited
Ace Software Solutions (India)) Private Limited is audited by P G S & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G S & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Ace Software Solutions (India)) Private Limited
Ace Software Solutions (India)) Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Monisha Desai
Also directs:
Infotech Solutions Private Limited
|
Director | 31 Mar 2000 | 26 Years 3 Months | Current |
|
Parth Balvantrai Desai
Also directs:
Infotech Solutions Private Limited
|
Director | 17 Aug 2001 | 24 Years 10 Months | Current |
Financials of Ace Software Solutions (India)) Private Limited FY 2024 filings available
Ace Software Solutions (India)) Private Limited reported revenue of ₹48.9 Cr (down 6% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Insurance | ***** | ***** | ***** | ***** | ***** |
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| Interest | ***** | ***** | ***** | ***** | ***** |
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| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
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| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Current Investments | ***** | ***** | ***** | ***** | ***** |
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| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
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| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
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| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Inventory Days | ***** | ***** | ***** | ***** | ***** |
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| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
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| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Ace Software Solutions (India)) Private Limited
As of FY 2023, Ace Software Solutions (India)) Private Limited's shareholding pattern shows 99.97% by promoters, 0.03% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Ace Software Solutions (India)) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2022 | Hdfc Bank Limited | ₹8.75 Lakh | Open |
| 12 Apr 2022 | Bank of India | ₹2.65 Cr | Open |
| 12 Apr 2022 | Bank of India | ₹1.35 Cr | Open |
| 22 Mar 2018 | Bank of India | ₹4.53 Cr | Open |
| 11 Jun 2010 | Bank of India | ₹7.5 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Ace Software Solutions (India)) Private Limited
View historical data on people associated with Ace Software Solutions (India)) Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Ace Software Solutions (India)) Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Ace Software Solutions (India)) Private Limited
GSTIN & GST Filing Data of Ace Software Solutions (India)) Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Ace Software Solutions (India)) Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Ace Software Solutions (India)) Private Limited
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MSME Payment Delays by Ace Software Solutions (India)) Private Limited
MSME Payment Delays by Ace Software Solutions (India)) Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Ace Software Solutions (India)) Private Limited
Subsidiaries & Group Companies of Ace Software Solutions (India)) Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ace Software Solutions (India)) Private Limited with ownership details.
MCA Filings & Documents of Ace Software Solutions (India)) Private Limited
MCA Filings & Documents of Ace Software Solutions (India)) Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Ace Software Solutions (India)) Private Limited
Frequently Asked Questions about Ace Software Solutions (India)) Private Limited
Ace Software Solutions (India)) Private Limited is an active private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 24 January 1974 (52+ years old) and is registered under CIN U30007MH1974PTC017154.
Ace Software Solutions (India)) Private Limited reported revenue of ₹48.9 Cr for FY 2024 (down 6.00% YoY).
The current directors of Ace Software Solutions (India)) Private Limited are:
The primary industry of Ace Software Solutions (India)) Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Ace Software Solutions (India)) Private Limited can be reached at the registered office: Unit No 21 Sdf Bldg1 Seepz Andheri East, Mumbai, Maharashtra, India – 400096, or through the website pelican.ai.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹96.03 Lakh.