About Ace Technologies & Packaging Systems Private Limited
Data last updated:
Ace Technologies & Packaging Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 22 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2002PTC135970. Its GSTIN is 27AAECA1882F1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Haridas Vishwanath Menon and Neeru Ajay Mehra.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.85 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 10.4%) and EBITDA of ₹3.56 Cr (EBITDA margin 21.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ACE Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acetechnologiesgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address242 Blue Rose Ind. Premises Co – Op. Society Ltd W E Highway Opp Magathane Bus Depot Bo, Rivali (E), Mumbai, Maharashtra, India – 400066
- IndustryBusiness Services, Business 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
- One PDF report, delivered after checkout
CIN History of Ace Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems has one previous CIN (Corporate Identification Number): U74999MH2004PTC135970. The current CIN is U74999MH2002PTC135970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2002PTC135970 | Current |
| U74999MH2004PTC135970 | Previous |
Associated Brands with Ace Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems operates one associated brand: ACE Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides innovative tech solutions for Pharma, Food, Cosmetics, and HoReCa sectors. | acetechnologiesgroup.com |
Competitors & Alternatives of Ace Technologies & Packaging Systems Private Limited
Brands and companies operating in the same space as Ace Technologies & Packaging Systems Private Limited include Novartis, Surrozen, Catalent and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Novartis | R&D focused on manufacturing of drugs for multiple therapeutic areas | Basel, Switzerland | 1996 |
 Surrozen | Selective Wnt agonists are developed for human tissue regeneration. | San Francisco, United States | 2016 |
 Catalent | CDMO offering drug and biologics development services | Somerset, United States | 2007 |
 Biotage | Organic synthesis, analytical, and peptide chemistry services for drug discovery and development | Uppsala, Sweden | 2009 |
 Tirupati Medicare | Pharmaceutical products are manufactured under contract by Tirupati Medicare. | Paonta Sahib, India | 1980 |
 Curia | Drug research, development, testing, and consulting services are provided. | Albany, United States | 1991 |
 WuXi Biologics | Protein therapeutics are developed and manufactured by WuXi Biologics. | Shanghai, China | 2008 |
 AmplifyBio | Provides contract research, development, and manufacturing services for biologic drugs. | Hilliard, United States | 2021 |
 Indapta | Limited information available | Seattle, United States | 2016 |
Business Activity of Ace Technologies & Packaging Systems Private Limited
The main business activities of Ace Technologies & Packaging Systems are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 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 |
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Auditor Details of Ace Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems Private Limited is audited by Maddi & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maddi & 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 Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haridas Vishwanath Menon | Director | 22 May 2002 | 24 Years 4 Months | Current |
| Neeru Ajay Mehra Also directs: Ace Technopack LLP, Acepack Technologies Private Limited | Director | 22 May 2002 | 24 Years 4 Months | Current |
| Lakshmi Haridas Menon Also directs: Ace Technopack LLP, Acepack Technologies Private Limited | Director | 22 May 2002 | 24 Years 4 Months | Current |
| Ajay Ravindra Mehra | Director | 22 May 2002 | 24 Years 4 Months | Current |
Financials of Ace Technologies & Packaging Systems Private Limited FY 2024 filings available
Ace Technologies & Packaging Systems Private Limited reported revenue of ₹16.85 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ace Technologies & Packaging Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 18% fall in the latest year. EBITDA fell 52% 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 Technologies & Packaging Systems 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 | ₹3.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.75 Cr | •••• | •••• | •••• | •••• |
| 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 Technologies & Packaging Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• | •••• |
| 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 Technologies & Packaging Systems 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.
Ownership and Shareholding of Ace Technologies & Packaging Systems 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 Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ace Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems Private Limited has a workforce of 62 employees as of Apr 08, 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.
GST Compliance of Ace Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA1882F1ZS | 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.
Credit Ratings, Litigation & Regulatory Alerts for Ace Technologies & Packaging Systems 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 Technologies & Packaging Systems 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 Technologies & Packaging Systems 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.
MCA Filings & Documents of Ace Technologies & Packaging Systems 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.
Recent Activity on Ace Technologies & Packaging Systems Private Limited
Frequently Asked Questions about Ace Technologies & Packaging Systems Private Limited
Ace Technologies & Packaging Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 22 May 2002 (24+ years old) and is registered under CIN U74999MH2002PTC135970.
Ace Technologies & Packaging Systems reported revenue of ₹16.85 Cr for FY 2024 (down 18% YoY).
Ace Technologies & Packaging Systems has 4 current directors:
- Haridas Vishwanath Menon - Director
- Neeru Ajay Mehra - Director
- Lakshmi Haridas Menon - Director
- Ajay Ravindra Mehra - Director
Ace Technologies & Packaging Systems reported a net profit of ₹1.75 Cr (net margin 10.4%) and EBITDA of ₹3.56 Cr (EBITDA margin 21.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Technologies & Packaging Systems is 3% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Technologies & Packaging Systems is 27AAECA1882F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Technologies & Packaging Systems is U74999MH2002PTC135970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Technologies & Packaging Systems was incorporated on 22 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Ace Technologies & Packaging Systems can be reached through the website acetechnologiesgroup.com. Its registered office is in Mumbai, Maharashtra, India.