Ace Textiles Private Limited Company Logo

Ace Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Amritsar, Punjab, India, established in 2005.

2005 | Amritsar, Punjab, India | Active
Last Updated:

About Ace Textiles Private Limited

Ace Textiles Private Limited, a active private limited company, was established on 23 September 2005 in Amritsar, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17110PB2005PTC028981. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Aakash Kapoor (Additional Director), Vineet Kapoor (Managing Director), Neelam Rattana Kapoor (Additional Director). Past directors included Tarun Kapoor, Jagdish Chand Sehgal, Gautam Sehgal. It holds ₹1.96 Cr open charges and ₹4.00 M settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at V.P.O Cheetah Kalan, Rampur Road G.T Road, Opp. Gill Farm, Daburji, Amritsar, Punjab, 143001.

Company Details

  • CIN/LLPIN

    U17110PB2005PTC028981

  • Registration Number

    028981

  • Incorporation Date

    23 September 2005

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.96 Cr
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -25.93%
  • Profit Growth -2845.26%
  • Ebitda -76.27%
  • Net Worth -7.28%
  • Total Assets -32.12%
Company report

Ace Textiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Ace Textiles 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 Textiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Aakash KapoorAdditional Director31 Mar 2015Current
Vineet KapoorManaging Director31 Mar 2006Current
Neelam Rattana KapoorAdditional Director31 Mar 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director07 Sep 2016Past
Pramod AbcsddDirector01 Dec 2009Past
Pramod AbcsddDirector01 Dec 2009Past
Pramod AbcsddAdditional Director07 Sep 2016Past
Pramod AbcsddDirector07 Sep 2016Past
Pramod AbcsddAdditional Director04 Jan 2021Past

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Financial Performance of Ace Textiles.

Ace Textiles Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 25.93% decrease. The company also saw a substantial fall in profitability, with a 2845.26% decrease in profit. The company's net worth dipped by a decrease of 7.28%.

Ace Textiles revenue growth over time
Ace Textiles profit and loss trends over time
  • 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
-25.93%
Revenue from Operations
-26.92%
Total Assets
-32.12%
Profit or Loss
-2845.26%
Net Worth
-7.28%
EBITDA
-76.27%

What is the Ownership and Shareholding Structure of Ace Textiles?

In 2020, Ace Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹19,555,000.00

Satisfied Charges

₹4,000,000.00

Charges Breakdown by Lending Institutions

  • The Karnataka Bank Limited : 1.21 Cr
  • Karnataka Bank Ltd. : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2018Karnataka Bank Ltd.₹2.00 MOpen
17 Dec 2010Karnataka Bank Ltd.₹5.50 MOpen
29 Jul 2008The Karnataka Bank Limited₹0.46 MOpen
28 Feb 2006The Karnataka Bank Limited₹1.16 CrOpen
17 May 2006The Karnataka Bank Limited₹4.00 MSatisfied

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How Many Employees Work at Ace Textiles?

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

Employee growth trends for Ace Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Textiles, 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 Textiles'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.

Latest Updates, News, and FAQs on Ace Textiles

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Ace Textiles Private Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Ace Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Charges

    The activity A charge with Karnataka Bank Ltd. amounted to Rs. 2.00 M with Charge ID 100186240 was registered on 24 May 2018. was completed.

  • Charges

    The activity A charge with Karnataka Bank Ltd. of Rs. 5.50 M registered on 17 Dec 2010 with Charge ID 10262959 was modified on 24 May 2018. was completed.

  • Director Appointment

    Progress on Aakash Kapoor was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2015 & has been associated with this company since 10 years 8 months . was documented.

  • Director Appointment

    The activity Neelam Rattana Kapoor was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2015 & has been associated with this company since 10 years 8 months . was completed.

Frequently Asked Questions

  • What is the CIN of Ace Textiles Private Limited?

    The CIN of Ace Textiles Private Limited is U17110PB2005PTC028981.

  • Where is Ace Textiles Private Limited headquartered?

    Ace Textiles Private Limited is headquartered at V.P.O Cheetah Kalan, Rampur Road G.T Road, Opp. Gill Farm, Daburji, Amritsar, Punjab, 143001.

  • When was Ace Textiles Private Limited incorporated?

    Ace Textiles Private Limited was incorporated on 23 September 2005.

  • Who are the current directors of Ace Textiles Private Limited?

    The current directors of Ace Textiles Private Limited are

  • What is the primary industry of Ace Textiles Private Limited?

    The primary industry of Ace Textiles Private Limited is Manufacturing.

  • Is Ace Textiles Private Limited a listed company?

    Ace Textiles Private Limited is unlisted.

  • What is the capital structure of Ace Textiles Private Limited?

    The authorized capital of Ace Textiles Private Limited is ₹2.00 M, and the paid-up capital is ₹2.00 M.

  • What is the compliance status of Ace Textiles Private Limited?

    The compliance status of Ace Textiles Private Limited is Compliant.

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