About Ace Tech Sys Private Limited
Data last updated:
Ace Tech Sys Private Limited is a private limited company based in Bangalore, , India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 04 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC047367. Its GSTIN is 29AAHCA5586D1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hunsur Krishnamurthy Srinath and Mohan Premanand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.25 Ground Floor Serpentine Road Kumaran Park West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.42 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹40.39 Lakh (net margin 2.6%) and EBITDA of ₹68.7 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 15% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Tech Sys. As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹59.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atspl.asia.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.25 Ground Floor Serpentine Road Kumaran Park West, Bangalore, Karnataka, India – 560020
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
Business Activity of Ace Tech Sys Private Limited
The main business activities of Ace Tech Sys are trade and information and communication. In detail, this covers retail trading, computer programming, consultancy and related activities and other information & communication service activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ace Tech Sys Private Limited FY 2024 filings available
Ace Tech Sys Private Limited reported revenue of ₹15.42 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ace Tech Sys Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 11% 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 Tech Sys Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹68.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.39 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 Tech Sys Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Tech Sys 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.
Peer Comparison of Ace Tech Sys Private Limited
Ace Tech Sys Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cashlink Global Systems Private Limited | ₹15.57 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Egmore, Chennai-8, Tamil Nadu, India |
| Fastlane Information Technologies Private Limited | ₹15.56 Cr (FY 2020) | •••• | •••• | -82.0% | •••• | Guntur, Andhra Pradesh, India |
| Abn I.T. Store Private Limited | ₹15.51 Cr (FY 2024) | •••• | •••• | 142.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Grapeban Solutions Private Limited | ₹15.51 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Noida, Uttar Pradesh, India |
| Ashnik Technology Solutions Private Limited | ₹15.46 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Nagpur, Maharashtra, India |
| Ace Tech Sys Private Limited this company | ₹15.42 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Debendranath Mitra Lab Private Limited | ₹15.39 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Ranaghat, West Bengal, India |
| 3S Data Migration Services Private Limited | ₹15.37 Cr (FY 2024) | •••• | •••• | 847.0% | •••• | Hyderabad, Telangana, India |
| Computer Planet Chennai Private Limited | ₹15.34 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Chennai, Tamil Nadu, India |
| Allegro Microsystems Marketing India Private Limited | ₹15.3 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Pune, Maharashtra, India |
| Kreatronix Electric Private Limited | ₹15.24 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ace Tech Sys by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ace Tech Sys Private Limited
Ace Tech Sys Private Limited is audited by RVS & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RVS & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ace Tech Sys Private Limited
Ace Tech Sys has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hunsur Krishnamurthy Srinath | Director | 04 Aug 2008 | 18 Years 2 Months | Current |
| Mohan Premanand | Director | 04 Aug 2008 | 18 Years 2 Months | Current |
Ownership and Shareholding of Ace Tech Sys 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 Tech Sys Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2023 | Others | ₹1.2 Cr | Open |
| 17 Sep 2009 | Syndicate Bank | ₹59.5 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ace Tech Sys Private Limited
Ace Tech Sys Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Compuage Infocom Limited | Disposed |
Full case history
All 1 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.
Associated Brands with Ace Tech Sys Private Limited
Ace Tech Sys operates one associated brand: Ace Tech Sys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT systems integration with enterprise hardware and software solutions for customers. | atspl.asia |
Employees and EPFO Compliance at Ace Tech Sys Private Limited
Ace Tech Sys Private Limited has a workforce of 15 employees as of Mar 31, 2024.
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 Tech Sys Private Limited
Ace Tech Sys Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Hunsur Krishnamurthy Srinath was appointed as Director on 04 Aug 2008.
Credit Ratings, Litigation & Regulatory Alerts for Ace Tech Sys 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 Tech Sys 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 Tech Sys 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 Tech Sys Private Limited
Ace Tech Sys has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCA5586D1ZG | Karnataka | 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 Tech Sys 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 Tech Sys Private Limited
Ace Tech Sys is an active private limited company based in Bangalore, , India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 04 August 2008 (18+ years old) and is registered under CIN U72200KA2008PTC047367.
Ace Tech Sys reported revenue of ₹15.42 Cr for FY 2024 (down 16% YoY).
Ace Tech Sys has 2 current directors:
- Hunsur Krishnamurthy Srinath - Director
- Mohan Premanand - Director
Ace Tech Sys reported a net profit of ₹40.39 Lakh (net margin 2.6%) and EBITDA of ₹68.7 Lakh (EBITDA margin 4.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Tech Sys is -1% over three years and 15% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Tech Sys is 29AAHCA5586D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Ace Tech Sys is U72200KA2008PTC047367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Tech Sys has 1 court case on record: 1 filed against it.
Ace Tech Sys was incorporated on 04 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ace Tech Sys by revenue are Cashlink Global Systems Private Limited, Fastlane Information Technologies Private Limited, Abn I.T. Store Private Limited, Grapeban Solutions Private Limited, Ashnik Technology Solutions Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Hunsur Krishnamurthy Srinath was appointed as Director on 04 Aug 2008. Mohan Premanand was appointed as Director on 04 Aug 2008.