Acre Cooling Systems Private Limited

Acre Cooling Systems Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29100MH1997PTC109507 Incorporated 21 July 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2020
₹52
▼ 100% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date
Last AGM
30 Nov 2021
Annual general meeting

About Acre Cooling Systems Private Limited

Data last updated:

Acre Cooling Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the white goods retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 July 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1997PTC109507.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pushpa Sanjeeva Shetty and Atita Jagannath Shetty.

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 5 Radhika Niwas Commercialpremises Next To Union Bank Of India Sir M V Rd Andheri E, Mumbai, Maharashtra, India – 400069.

As per MCA filings, the company has open charges of ₹1.3 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Acre Cooling Systems Private Limited
CIN U29100MH1997PTC109507
Registration Number 109507
Incorporation Date 21 July 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    5 Radhika Niwas Commercialpremises Next To Union Bank Of India Sir M V Rd Andheri E, Mumbai, Maharashtra, India – 400069
  • Industry
    Consumer Electronics & Durables, White Goods Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Acre Cooling Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Acre Cooling Systems Private Limited FY 2021 filings available

Acre Cooling Systems Private Limited reported revenue of ₹52 (down 100% YoY) for FY 2020.

Revenue · FY 2020
₹52 ▼ 100%

Compounded Annual Growth Rate (CAGR) of Acre Cooling Systems Private Limited

Revenue CAGR growth
3 years · compounded
▼ 76%
5 years · compounded
▼ 76%

Revenue has declined at a compounded annual rate (CAGR) of 76% over five years. 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 Acre Cooling Systems Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹52••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)••••••••••••••••••••
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 Acre Cooling Systems Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin••••••••••••••••••••
Net Profit Margin••••••••••••••••••••
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 Acre Cooling Systems are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Acre Cooling Systems Private Limited

Acre Cooling Systems Private Limited is audited by I R SHETTY & ASSOCIATES for the financial year 2020.

NameStatusAppointment DateCessation Date
I R SHETTY & ASSOCIATESLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Acre Cooling Systems Private Limited

Acre Cooling Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Atita Jagannath ShettyAdditional Director01 Apr 201115 Years 6 MonthsCurrent
Pushpa Sanjeeva ShettyDirector21 Jul 199729 Years 2 MonthsCurrent

Ownership and Shareholding of Acre Cooling Systems Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Acre Cooling Systems Private Limited

Open charges
₹1.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Union Bank of India₹1.30 Cr
Latest charge details
DateLenderAmountStatus
25 Sep 2009Union Bank of India₹20 LakhOpen
21 Mar 2007Union Bank of India₹45 LakhOpen
19 Feb 2007Union Bank of India₹35 LakhOpen
19 Feb 2007Union Bank of India₹30 LakhOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Acre Cooling Systems Private Limited

Employment history and EPFO contributions of people linked to Acre Cooling Systems.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Acre Cooling Systems Private Limited

Acre Cooling Systems Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Jagannath Badiya Shetty ceased to be Director on 02 May 2013.

AGM
Acre Cooling Systems Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Acre Cooling Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai I.
Ceased
Jagannath Badiya Shetty ceased to be Director.
Appointed
Atita Jagannath Shetty was appointed as Additional Director.
Charges
A charge with Union Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 10185560 was registered on 25 Sep 2009.
Charges
A charge with Union Bank Of India of Rs. 35.00 Lakh registered on 19 Feb 2007 with Charge ID 10044036 was modified on 31 Jul 2007.
Charges
A charge with Union Bank Of India amounted to Rs. 45.00 Lakh with Charge ID 10044039 was registered on 21 Mar 2007.
Charges
A charge with Union Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 10044038 was registered on 19 Feb 2007.
Charges
A charge with Union Bank Of India amounted to Rs. 35.00 Lakh with Charge ID 10044036 was registered on 19 Feb 2007.
Appointed
Pushpa Sanjeeva Shetty was appointed as Director.
Incorporation
21 Jul 1997
Acre Cooling Systems Private Limited was registered on 21 Jul 1997 with Roc Mumbai I & aged 29 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Acre Cooling Systems Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Acre Cooling Systems Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Acre Cooling Systems Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Acre Cooling Systems Private Limited

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MCA Filings & Documents of Acre Cooling Systems Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Acre Cooling Systems Private Limited

Acre Cooling Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in white goods retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 July 1997 (29+ years old) and is registered under CIN U29100MH1997PTC109507.

Acre Cooling Systems has 2 current directors:

The CIN (Corporate Identification Number) of Acre Cooling Systems is U29100MH1997PTC109507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Acre Cooling Systems has 12 court cases on record: 2 filed by the company and 10 filed against it. Most are in the high courts.

Acre Cooling Systems was incorporated on 21 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

Jagannath Badiya Shetty ceased to be Director on 02 May 2013. Atita Jagannath Shetty was appointed as Additional Director on 01 Apr 2011. Pushpa Sanjeeva Shetty was appointed as Director on 21 Jul 1997.

The registered office of Acre Cooling Systems is at 5 Radhika Niwas Commercialpremises Next To Union Bank Of India Sir M V Rd Andheri E, Mumbai, Maharashtra, India – 400069.

Acre Cooling Systems has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.

Acre Cooling Systems operates in the consumer electronics and durables industry, in the white goods retail and distribution segment.

No. Acre Cooling Systems is not listed on any stock exchange. It is an unlisted company.

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