Ace Software Solutions (India)) Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 1974.
1974 Mumbai, Maharashtra, India Active
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About Ace Software Solutions (India)) Private Limited

Ace Software Solutions (India)) Private Limited, a active private limited company, was established on 24 January 1974 in Mumbai, Maharashtra, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U30007MH1974PTC017154. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.60 M.

It upholds a compliant status. Its leadership includes Monisha Desai (Director), Parth Balvantrai Desai (Director). Past directors included Abhinav Balvant Desai. It holds ₹16.15 Cr open charges and ₹0.53 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No 21 Sdf Bldg1 Seepz Andheri (East), Mumbai, Maharashtra, 400096.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U30007MH1974PTC017154

  • Registration Number

    017154

  • Incorporation Date

    24 January 1974

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.60 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.60 M
  • Company Age 52 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.15 Cr
  • Satisfied Charges ₹ 0.53 M
  • Revenue Growth **** 30.44%
  • Profit Growth **** 45.70%
  • Ebitda **** -46.20%
  • Net Worth 18.94%
  • Total Assets **** 43.93%
Company report

Ace Software Solutions (India)) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ace Software Solutions (India)) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ace Software Solutions (India)) Private Limited?
Current Directors
Name Designation Appointment Date Status
Monisha Desai Director 31 Mar 2000 Current
Parth Balvantrai Desai Director 17 Aug 2001 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Jan 2009 Past

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Financial Performance of Ace Software Solutions (India)).

Ace Software Solutions (India)) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.44% increase. The company also saw a substantial improvement in profitability, with a 45.7% increase in profit. The company's net worth Soared by an impressive increase of 18.94%.

Ace Software Solutions (India)) revenue growth over time
Ace Software Solutions (India)) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 30.44%
*******
*******
*******
*******
Revenue from Operations
*******
 24.63%
*******
*******
*******
*******
Total Assets
*******
 43.93%
*******
*******
*******
*******
Profit or Loss
*******
 45.70%
*******
*******
*******
*******
Net Worth
*******
 18.94%
*******
*******
*******
*******
EBITDA
*******
 -46.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ace Software Solutions (India))?

In 2023, Ace Software Solutions (India)) had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹161,535,000.00

Satisfied Charges

₹525,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 16.03 Cr
  • Hdfc Bank Limited : 0.09 Cr
  • Dena Bank : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2022 Hdfc Bank Limited ₹0.88 M 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 ₹7.50 Cr Open

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How Many Employees Work at Ace Software Solutions (India))?

Unlock and access historical data on people associated with Ace Software Solutions (India)), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Software Solutions (India)), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ace Software Solutions (India))'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ace Software Solutions (India))
Recent Activity within the Organization
  • Charges

    A charge with Bank Of India of Rs. 7.50 Cr registered on 11 Jun 2010 with Charge ID 10230155 was modified on 07 Aug 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Ace Software Solutions (India)) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Ace Software Solutions (India)) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100696352 was registered on 30 Sep 2022. was completed.

  • Charges

    A charge with Bank Of India amounted to Rs. 2.65 Cr with Charge ID 100564085 was registered on 12 Apr 2022. was recorded as a recent event.

  • Charges

    The activity A charge with Bank Of India amounted to Rs. 1.35 Cr with Charge ID 100564087 was registered on 12 Apr 2022. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ace Software Solutions (India)) Private Limited?

The CIN of Ace Software Solutions (India)) Private Limited is U30007MH1974PTC017154.

Where is Ace Software Solutions (India)) Private Limited headquartered?

Ace Software Solutions (India)) Private Limited is headquartered at Unit No 21 Sdf Bldg1 Seepz Andheri (East), Mumbai, Maharashtra, 400096.

When was Ace Software Solutions (India)) Private Limited incorporated?

Ace Software Solutions (India)) Private Limited was incorporated on 24 January 1974.

Who are the current directors of Ace Software Solutions (India)) Private Limited?

The current directors of Ace Software Solutions (India)) Private Limited are

What is the primary industry of Ace Software Solutions (India)) Private Limited?

The primary industry of Ace Software Solutions (India)) Private Limited is Information And Communication.

Is Ace Software Solutions (India)) Private Limited a listed company?

Ace Software Solutions (India)) Private Limited is unlisted.

What is the capital structure of Ace Software Solutions (India)) Private Limited?

The authorized capital of Ace Software Solutions (India)) Private Limited is ₹1.00 Cr, and the paid-up capital is ₹9.60 M.

What is the compliance status of Ace Software Solutions (India)) Private Limited?

The compliance status of Ace Software Solutions (India)) Private Limited is Compliant.

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