About Ace Gas Conversions
Ace Gas Conversions is an Energy & Utilities company based in Thane (India) founded in 2001. Alternative fuel innovations and solutions in India. It operates in the Energy & Utilities and Chemicals & Materials sectors. Its Indian entity Ace Gas Conversions Private Limited reported revenue of ₹70.75 Cr. Ace Gas Conversions offers products and services including LPG Valves and Kits and Hydrogen Composite Tanks. Its focus areas include Energy, Alternative Fuels, LPG Systems and Valve and Kit Manufacturing.
Company details
Ace Gas Conversions is recognized as the first company in India to approve LPG valves and kits in 2004, followed by the approval of a Type-3 cascade in 2010 and the installation of a Type-3 bus system in 2011. Hydrogen composite tanks were supplied to ISRO by 2014, demonstrating contributions to clean energy and space exploration. The company is noted for driving advancements in sustainable fuel solutions, with a focus on reshaping public transport and industrial applications. These efforts are aligned with Indias economic growth in alternative energy sectors.
- Headquarters Thane, India
- SectorsEnergy & UtilitiesChemicals & Materials
- Email••••••••
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- Legal Name Ace Gas Conversions Private Limited
- Date of Incorporation 09 Jul, 2001
- Jurisdiction Bhiwandi, Maharashtra, India
- Annual Revenue₹70.75 Cr
FY 2023 · +20% YoY
- Net Profit₹29.7 Lakh
FY 2023 · 0% margin
- EBITDA₹2.15 Cr
FY 2023 · 3% margin
Associated legal entities of Ace Gas Conversions
Ace Gas Conversions operates through Ace Gas Conversions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ace Gas Conversions Private Limited CIN U50200MH2001PTC132654 | Active | 09 Jul 2001 | Mumbai, Maharashtra | ₹70.7 Cr | 3 | View details |
Products & Services of Ace Gas Conversions
Ace Gas Conversions offers a comprehensive portfolio of products and services, including LPG Valves and Kits and Hydrogen Composite Tanks.
LPG valves and kits are manufactured for fuel conversion systems
Hydrogen composite tanks are supplied for applications in public transport and space exploration
Board of directors of Ace Gas Conversions Private Limited (Ace Gas Conversions)
Ace Gas Conversions Private Limited is the primary company behind Ace Gas Conversions. The board of Ace Gas Conversions Private Limited currently have 3 directors; the longest-serving is Amitkumar Lalitchandra Shah, appointed in 2001. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amitkumar Lalitchandra Shah DIN 00109901 | Director | 09 Jul 2001 | 25 yrs 3 mo | Ace Gas Conversions Private Limited |
| Sunil Mathur DIN 08165133 | Director | 22 Jun 2022 | 4 yrs 4 mo | Ace Gas Conversions Private Limited |
| Vardhaman Amitkumar Shah DIN 09588796 | Director | 15 Sep 2022 | 4 yrs 1 mo | Ace Gas Conversions Private Limited |
Financials of Ace Gas Conversions
Figures of Ace Gas Conversions Private Limited, the primary company behind Ace Gas Conversions, for FY 2023. Revenue was ₹70.75 Cr (+20% year on year). Net profit was ₹29.7 Lakh (0% margin). EBITDA was ₹2.15 Cr (3% margin). Revenue has grown at a compounded annual rate of +109% over three years and +535% over five years.
- ₹70.75 CrRevenue · FY 2023 · +20% YoY
- ₹29.7 LakhNet profit · 0% margin
- ₹2.15 CrEBITDA · 3% margin
- ₹3.61 CrPaid-up capital
- +109%Revenue CAGR, 3 years
- +535%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ace Gas Conversions Private Limited are on its company page.
Detailed financial statements for Ace Gas Conversions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Ace Gas Conversions
The website of Ace Gas Conversions (acegas.in) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 79.6% vs previous month
Top companies in Hydrogen & Alternative Fuel Systems
3 companies that operate in the same segment as Ace Gas Conversions (Hydrogen & Alternative Fuel Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers strategic consulting for e-Mobility, Energy, Utilities, and Transport. | 2010 | Nagpur, Maharashtra, India | USD 396.81 K | |||
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | Bengaluru, Karnataka, India | ||||
Independent Hydropower producer | 2007 | Noida, Uttar Pradesh, India |
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Frequently Asked Questions about Ace Gas Conversions
Ace Gas Conversions was founded in 2001.
Ace Gas Conversions is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
The primary company behind Ace Gas Conversions, Ace Gas Conversions Private Limited, reported revenue of ₹70.75 Cr for FY 2023, up 20% year on year.
Ace Gas Conversions is recognized as the first company in India to approve LPG valves and kits in 2004, followed by the approval of a Type-3 cascade in 2010 and the installation of a Type-3 bus system in 2011. Hydrogen composite tanks were supplied to ISRO by 2014, demonstrating contributions to clean energy and space exploration. The company is noted for driving advancements in sustainable fuel solutions, with a focus on reshaping public transport and industrial applications. These efforts are aligned with Indias economic growth in alternative energy sectors.
Ace Gas Conversions offers LPG Valves and Kits and Hydrogen Composite Tanks.
Ace Gas Conversions operates through Ace Gas Conversions Private Limited.
The legal entities of Ace Gas Conversions currently have 3 directors, including Sunil Mathur, Amitkumar Lalitchandra Shah, Vardhaman Amitkumar Shah.