About Ace Turtle Omni Private Limited
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Ace Turtle Omni Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of August Purple Services Private Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 03 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC143735. Its GSTIN is 29AAUCA7270R1ZH (Karnataka). The company holds 20 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.74 Cr. It is led by directors Nitin Chhabra and Brinder Pal Singh.
Its last annual general meeting (AGM) was held on 07 January 2026, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹315.66 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹56.56 Cr (net margin -17.9%) and EBITDA of -₹26.26 Cr (EBITDA margin -8.3%).
The company has about 240 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Turtle. As per MCA filings, the company has open charges of ₹95 Cr and satisfied charges of ₹25 Cr on record. Court records list 36 cases involving the company, including 4 filed by the company and 32 filed against it; 22 cases are pending. The company has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2024. Its 4 peer companies in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 3 smaller; the largest is Iconic Fashion Retailing Private Limited with revenue of ₹319.56 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 564 overdue payments to 35 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceturtle.com.
Company details
Contact details
Ace Turtle Omni Private Limited's registered office is in Bangalore, Karnataka. Its website is aceturtle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address701 To 714 Tower C 7th Floor Diamond District Airport Road Kodihall, I, Bangalore, Karnataka, India – 560008
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Ace Turtle Omni Private Limited, buy the company report.
- 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
Brands
Ace Turtle Omni operates one associated brand: ace turtle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering omnichannel commerce technology | aceturtle.com |
Business activity
The main business activity of Ace Turtle Omni is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ace Turtle Omni Private Limited, buy the company report.
Financials of Ace Turtle Omni Private Limited
FY 2024 filings availableAce Turtle Omni Private Limited reported revenue of ₹315.66 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹315.66 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹26.26 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹56.56 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -8.3% | |||
| Net Profit Margin | -17.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Ace Turtle Omni Private Limited, buy the company report.
Board of directors of Ace Turtle Omni Private Limited
Ace Turtle Omni has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Chhabra Also directs: Ace Turtle Wholesale Private Limited, Ace Turtle Commerce Private Limited, Ace Turtle Services Private Limited and 1 more | Director | 03 Feb 2021 | 5 Years 8 Months | Current |
| Brinder Pal Singh Also directs: Ace Turtle Wholesale Private Limited, Ace Turtle Commerce Private Limited, Ace Turtle Services Private Limited and 2 more | Director | 03 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Ace Turtle Omni Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iconic Fashion Retailing Private Limited | ₹319.56 Cr (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Ace Turtle Omni Private Limitedthis company | ₹315.66 Cr (FY 2024) | -₹56.56 Cr | -17.9% | 11.0% | 240 | Bangalore, Karnataka, India |
| Rg's Fashions Private Limited | ₹307.47 Cr (FY 2024) | 16.0% | Kolkata, West Bengal, India | |||
| Panchanan International Private Limited | ₹287.82 Cr (FY 2025) | 65.0% | Delhi, India | |||
| RMKV Silks Private Limited | ₹285.22 Cr (FY 2025) | 16.0% | Tirunelveli, Tamil Nadu, India |
To see the full peer comparison of Ace Turtle Omni Private Limited, buy the company report.
Auditor
Ace Turtle Omni Private Limited is audited by Guru & Jana LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru & Jana LLP | FY 2024 | 006826S/S000214 |
Shareholding
The shareholding of Ace Turtle Omni Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ace Turtle Omni Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2023 | 100881468 | Others | ₹45 Cr | Open | |
| 20 Feb 2023 | 100795612 | Others | ₹20 Cr | Open | |
| 15 Dec 2022 | 100676240 | Others | ₹30 Cr | Open | |
| 27 Sep 2023 | 100789081 | Yes Bank Limited | ₹25 Cr | Satisfied |
To see the full charge records of Ace Turtle Omni Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Ace Turtle Omni Private Limited has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Rights issue | ₹59.4 Cr | Investors: August Purple Services Private Limited |
| Dec 2023 | Rights issue | ₹93.52 Cr | Investors: August Purple Services Private Limited |
| Jun 2023 | Rights issue | ₹1.99 Cr | Investors: August Purple Services Private Limited |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: August Purple Services Private Limited , August Purple Services Private Limited & Nitin Chhabra, August Purple Services Private Limited & Brinder Pal Singh Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ace Turtle Omni Private Limited has 36 court cases on record: 4 filed by Ace Turtle Omni, 32 filed against it. 22 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 26 | 20 |
| High courts | 8 | 6 | 2 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Golden Seams Industries Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Matrix Clothing Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by SRV Knittech Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Jaipuria Brandz Private Limited | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Com.O.S.) | Filed against the company by Jaipuria Brandz Private Limited | Pending |
To see the full case history of Ace Turtle Omni Private Limited, buy the company report.
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.
MSME payment delays
Ace Turtle Omni Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 564 overdue payments to 35 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 35)
To see the full MSME payment records of Ace Turtle Omni Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ace Turtle Omni Private Limited has a workforce of 240 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Ace Turtle Omni has 20 GST registrations: 17 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCA7270R1ZH | Karnataka | Active | 20 Feb 2021 |
| 27AAUCA7270R1ZL | Maharashtra | Active | 28 Jun 2023 |
| 33AAUCA7270R1ZS | Tamil Nadu | Active | 22 Sep 2023 |
| 23AAUCA7270R1ZT | Madhya Pradesh | Active | 07 Nov 2023 |
To see the full GST registrations and return filing status of Ace Turtle Omni Private Limited, buy the company report.
Recent activity
Ace Turtle Omni Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Brinder Pal Singh was appointed as Director on 03 Feb 2021.
News
Frequently asked questions
Ace Turtle Omni is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 03 February 2021 (5+ years old) and is registered under CIN U72900KA2021PTC143735.
Ace Turtle Omni has 2 current directors:
- Nitin Chhabra - Director
- Brinder Pal Singh - Director
The latest financial statements of Ace Turtle Omni on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 January 2026. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ace Turtle Omni is 29AAUCA7270R1ZH, registered in Karnataka. The company has 20 GST registrations in all, of which 17 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAUCA7270R1ZL (Maharashtra), 33AAUCA7270R1ZS (Tamil Nadu), 23AAUCA7270R1ZT (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ace Turtle Omni is U72900KA2021PTC143735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Turtle Omni has 36 court cases on record: 4 filed by the company and 32 filed against it. 22 are pending. Most are in the district courts.
Ace Turtle Omni was incorporated on 03 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Ace Turtle Omni has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2024.
The peers of Ace Turtle Omni by revenue are Iconic Fashion Retailing Private Limited, Rg's Fashions Private Limited, Panchanan International Private Limited, RMKV Silks Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Brinder Pal Singh was appointed as Director on 03 Feb 2021. Nitin Chhabra was appointed as Director on 03 Feb 2021.
Ace Turtle Omni has 7 MSME Form 1 returns on record between 2022 and 2024, listing 564 overdue payments to 35 micro and small suppliers. The latest return was filed on 01 May 2024.
Ace Turtle Omni can be reached through the website aceturtle.com. Its registered office is in Bangalore, Karnataka, India.