Ace Welfare Private Limited
About Ace Welfare Private Limited
Data last updated:
Ace Welfare Private Limited is a private limited company based in Sagarpur, Delhi, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85190DL2017PTC324851.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajkumari Bhajan Singh and Preeti Rathore.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 238 J.B.M. Public School Road Nasirpur, Sagarpur, Delhi, India – 110045.
As per the financials filed for FY 2021, the company reported a revenue of ₹91.62 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Lakh (net margin 1.4%) and EBITDA of ₹5.44 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ace Welfare Private Limited's registered office is in Sagarpur, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 238 J.B.M. Public School Road Nasirpur, Sagarpur, Delhi, India – 110045
- IndustryHealthcare, Hospitals
To see the full contact details of Ace Welfare 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
Business activity
The main business activity of Ace Welfare is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Ace Welfare Private Limited, buy the company report.
Financials of Ace Welfare Private Limited
FY 2021 filings availableAce Welfare Private Limited reported revenue of ₹91.62 Lakh (up 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 108% over three years, including 65% growth in the latest year. EBITDA rose 8% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹5.44 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.31 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.9% | |||
| Net Profit Margin | 1.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Ace Welfare Private Limited, buy the company report.
Board of directors of Ace Welfare Private Limited
Ace Welfare has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumari Bhajan Singh | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Preeti Rathore | Director | 12 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Ace Welfare Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Charaka Institute of Medical Sciences Private Limited | ₹92.27 Lakh (FY 2022) | Patna, Bihar, India | ||||
| Ace Welfare Private Limitedthis company | ₹91.62 Lakh (FY 2021) | ₹1.31 Lakh | 1.4% | 65.0% | Sagarpur, Delhi, India | |
| Avantika Multihealth Private Limited | ₹90.96 Lakh (FY 2024) | 144.0% | Bulandshahr, Uttar Pradesh, India | |||
| Shri Krupa Jawanjal Hospital Private Limited | ₹90.7 Lakh (FY 2023) | Buldhana, Maharashtra, India |
To see the full peer comparison of Ace Welfare Private Limited, buy the company report.
Auditor
Ace Welfare Private Limited is audited by R P L & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R P L & CO | FY 2019 | 510002C |
Shareholding
The shareholding of Ace Welfare Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ace Welfare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2020 | 100355920 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ace Welfare Private Limited has 7 court cases on record: 4 filed by Ace Welfare, 3 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed by the company against Yes Bank Ltd and 1 other | Pending |
| District court, South West, Delhi | Commercial suit | Filed by the company against Yes Bank Ltd and 2 others | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Court case (T. P (C)) | Filed against the company by an individual | Disposed |
To see the full case history of Ace Welfare 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
No delayed payments to MSME suppliers are on our record for Ace Welfare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ace Welfare Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ace Welfare Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Ambika Kumari ceased to be Director on 13 Apr 2021.
Frequently asked questions
Ace Welfare is an active private limited company based in Sagarpur, Delhi, India. The company works in hospitals, within the healthcare industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U85190DL2017PTC324851.
Ace Welfare has 2 current directors:
- Rajkumari Bhajan Singh - Director
- Preeti Rathore - Director
The latest financial statements of Ace Welfare on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Ace Welfare is U85190DL2017PTC324851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Welfare has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending.
Ace Welfare was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ace Welfare by revenue are Charaka Institute of Medical Sciences Private Limited, Avantika Multihealth Private Limited, Shri Krupa Jawanjal Hospital Private Limited, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (other hospital and medical care activities).
Ambika Kumari ceased to be Director on 13 Apr 2021. Rajkumari Bhajan Singh was appointed as Director on 12 Apr 2021. Anuvrat Sharma ceased to be Director on 27 Sep 2019. Ace Welfare has 5 board changes on record in total.
The registered office of Ace Welfare is at Plot No. 238 J.B.M. Public School Road Nasirpur, Sagarpur, Delhi, India – 110045.
Ace Welfare operates in the healthcare industry, in the hospitals segment.
Ace Welfare has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.