Aceelene Suitings Private Limited
About Aceelene Suitings Private Limited
Data last updated:
Aceelene Suitings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1987PTC042124. Its GSTIN is 27AAACA1334L1ZW (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jyoti Rajkumar Chhaparia (Whole-Time Director) and Rajkumar Radheyshyam Chhaparia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 149 Mittal Ind.Estate Sanjay Bldg.No.5/B Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.35 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹9,018 (net margin 0.1%) and EBITDA of ₹13.97 Lakh (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.73 Cr and satisfied charges of ₹4.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Aceelene Suitings has one previous CIN (Corporate Identification Number): U17110MH1987PLC042124. The current CIN is U17110MH1987PTC042124, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110MH1987PTC042124 | Current |
| U17110MH1987PLC042124 | Previous |
Contact details
Aceelene Suitings Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address149 Mittal Ind.Estate Sanjay Bldg.No.5/B Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aceelene Suitings 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 Aceelene Suitings is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Aceelene Suitings Private Limited, buy the company report.
Financials of Aceelene Suitings Private Limited
FY 2022 filings availableAceelene Suitings Private Limited reported revenue of ₹1.35 Cr (up 10% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 211% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.35 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹13.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9,018 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aceelene Suitings Private Limited, buy the company report.
Board of directors of Aceelene Suitings Private Limited
Aceelene Suitings has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Rajkumar Chhaparia Also directs: Aceelene Industries Private Limited | Whole-Time Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Rajkumar Radheyshyam Chhaparia | Whole-Time Director | 30 Sep 2003 | 23 Years 1 Months | Current |
Peer comparison
Aceelene Suitings Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Suitings, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fabric Plus Pvt Ltd | ₹1.35 Cr (FY 2022) | -24.0% | Guwahati, Assam, India | |||
| Aceelene Suitings Private Limitedthis company | ₹1.35 Cr (FY 2022) | ₹9,018 | 0.1% | 10.0% | 10 | Mumbai, Maharashtra, India |
| Mahacot Textiles Private Limited | ₹1.35 Cr (FY 2025) | -72.0% | Shirpur, Maharashtra, India | |||
| Deepak Cosmo Ltd | ₹1.35 Cr (FY 2024) | -19.0% | Himachal Pradesh, India | |||
| Spara Technotex Private Limited | ₹1.35 Cr (FY 2024) | 55.0% | Coimbatore, Tamil Nadu, India | |||
| International Creations Private Limited | ₹1.35 Cr (FY 2025) | 449.0% | Surat, Gujarat, India |
To see the full peer comparison of Aceelene Suitings Private Limited, buy the company report.
Auditor
Aceelene Suitings Private Limited is audited by Anil S Tiwari and Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil S Tiwari and Company | FY 2022 | 169330 |
Shareholding
The shareholding of Aceelene Suitings Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aceelene Suitings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2008 | 10124403 | Punjab National Bank | ₹2.73 Cr | Open | |
| 31 Jan 2013 | 10411551 | Bank of Baroda | ₹4.08 Cr | Satisfied | |
| 22 Oct 1994 | 90214529 | Bank of Baroda | ₹35 Lakh | Satisfied | |
| 06 Nov 1990 | 90214419 | Bank of Baroda | ₹4 Lakh | Satisfied | |
| 23 Nov 1987 | 90214324 | Bank of Baroda | ₹8 Lakh | Satisfied |
To see the full charge records of Aceelene Suitings Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Aceelene Suitings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aceelene Suitings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aceelene Suitings Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Aceelene Suitings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA1334L1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aceelene Suitings Private Limited, buy the company report.
Recent activity
Aceelene Suitings Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Manmohan Ranjitsingh Mehta ceased to be Director on 04 May 2023.
9 earlier events are in the company report.
Frequently asked questions
Aceelene Suitings is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 January 1987 (39+ years old) and is registered under CIN U17110MH1987PTC042124.
Aceelene Suitings has 2 current directors:
- Jyoti Rajkumar Chhaparia - Whole-Time Director
- Rajkumar Radheyshyam Chhaparia - Whole-Time Director
The latest financial statements of Aceelene Suitings on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Aceelene Suitings is 27AAACA1334L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aceelene Suitings is U17110MH1987PTC042124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aceelene Suitings was incorporated on 07 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aceelene Suitings by revenue are Fabric Plus Pvt Ltd, Mahacot Textiles Private Limited, Deepak Cosmo Ltd, Spara Technotex Private Limited, International Creations Private Limited, all in the Manufacturing industry (Suitings, Textiles), with the same principal business activity (textile, leather and other apparel products).
Manmohan Ranjitsingh Mehta ceased to be Director on 04 May 2023. Bimla Devi Chhaparia ceased to be Director on 12 Jan 2018. Jyoti Rajkumar Chhaparia was appointed as Whole-Time Director on 01 Apr 2008. Aceelene Suitings has 4 board changes on record in total.
The registered office of Aceelene Suitings is at 149 Mittal Ind.Estate Sanjay Bldg.No.5B Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.
Aceelene Suitings operates in the manufacturing industry, in the textile and fabric production segment.
Aceelene Suitings has open charges of ₹2.73 Cr and satisfied charges of ₹4.55 Cr as per latest MCA filings.
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