About Ace Micromatic Group
Ace Micromatic Group is a company based in Bengaluru (India) founded in 1973 by Shrinivas G Shirgurkar, P Ramadas, Benedict Machado, and Chandrasekhar Bharathi. It operates as a manufacturer of CNC milling, turning, and grinding machinery. The company has 729 employees. Its chief executive is Vishwas R Puttige. Its website acemicromatic.net draws about 16 thousand monthly visits. Its Indian entity Ace Designers Limited reported revenue of ₹2,372 Cr. Ace Micromatic Group offers products and services including CNC Turning Machines and Grinding Machines.
Company details
Ace Micromatic Group was established in 1973 in Bengaluru, India, within the machinery manufacturing sector. CNC lathes, turn-mill centers, chuckers, vertical machining centers, and hydraulic grinding machines are produced. Automation accessories and components for diverse industries are supplied. IIoT solutions are integrated to enable real-time machine monitoring and support operational efficiency across customer bases.
- Headquarters Bengaluru, India
- Employees 729
- Founders Shrinivas G Shirgurkar, P Ramadas, Benedict Machado, Chandrasekhar Bharathi
- Email••••••••
- Phone•••• ••••
- Website acemicromatic.net
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ace Designers Limited
- Date of Incorporation 25 Sep, 1986
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,372 Cr
FY 2025 · +6% YoY
- Net Profit₹214 Cr
FY 2025 · 9% margin
- EBITDA₹329 Cr
FY 2025 · 14% margin
- Latest Funding Round$142M (USD), Unspecified
Apr 2025
- InvestorsIIMA Ventures
& 1 more
- Employee Count729
Associated legal entities of Ace Micromatic Group
Ace Micromatic Group operates through Ace Designers Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ace Designers Limited CIN U29199KA1986PLC007816 | Active | 25 Sep 1986 | Bangalore, Karnataka | ₹2,372 Cr | 729 | 12 | View details |
Products & Services of Ace Micromatic Group
Ace Micromatic Group offers a comprehensive portfolio of products and services, including CNC Turning Machines and Grinding Machines.
CNC turning machines for precision metal cutting and shaping processes are utilized in manufacturing operations
Grinding machines for finishing and precision work on metal components are employed in various industrial settings
Apps and channels of Ace Micromatic Group
its YouTube channel ACEMICROMATIC GROUP has 972 subscribers and 30 videos.
Videos from Ace Micromatic Group
The most watched videos on Ace Micromatic Group's YouTube channel, ACEMICROMATIC GROUP (972 subscribers). Click a video to play it here.
More on ACEMICROMATIC GROUP.
Funding Insights of Ace Micromatic Group
- Total Rounds 2
- Last Round Unspecified — $142M
- Investors Count 2
All 2 funding rounds of Ace Micromatic Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $142M | Unspecified | – | – | |
| Jun 2013 | – | Unspecified | – | IIMA Ventures | – |
2 investors in total: 2 institutional.
Investors in Ace Micromatic Group
Ace Micromatic Group has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include IIMA Ventures and Kotak Alternate Asset Managers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
- | – | kotakalternateasset.com | - |
Investor details for Ace Micromatic Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ace Designers Limited (Ace Micromatic Group)
Ace Designers Limited is the primary company behind Ace Micromatic Group. The board of Ace Designers Limited currently have 10 directors; the longest-serving is Srinivasan Rangarajan, appointed in 2002. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivasan Rangarajan DIN 00043658 | Director | 09 Feb 2002 | 24 yrs 8 mo | Ace Designers Limited |
| Shuba Rao Mayya DIN 08193276 | Director | 01 Jul 2021 | 5 yrs 3 mo | Ace Designers Limited |
| Thirumalaimuppur Ramesh DIN 01790388 | Whole-time director | 11 Feb 2023 | 3 yrs 8 mo | Ace Designers Limited |
| Benne Gopal Rao Dwarakanath DIN 00449073 | Director | 06 Oct 2023 | 3 yrs | Ace Designers Limited |
| Madhavi Chandrasekhara Bharathi DIN 06450819 | Whole-time director | 01 May 2025 | 1 yr 5 mo | Ace Designers Limited |
| Vishwas Ramadas Puttige DIN 10373427 | Director | 01 May 2025 | 1 yr 5 mo | Ace Designers Limited |
| Preeti Maria Machado DIN 10422018 | Whole-time director | 01 May 2025 | 1 yr 5 mo | Ace Designers Limited |
| Ajay Hari Tandon DIN 00128667 | Nominee Director | 25 Jun 2025 | 1 yr 3 mo | Ace Designers Limited |
| Rahul Badrinarayan Chhaparwal DIN 09093645 | Nominee Director | 25 Jun 2025 | 1 yr 3 mo | Ace Designers Limited |
| Bimal Shukla DIN 06801708 | Managing Director | 08 Jun 2026 | 4 mo | Ace Designers Limited |
People of Ace Micromatic Group
17 people are tracked at Ace Micromatic Group (12 in leadership, 5 in board & advisors); the tracked headcount is 729.
| Name | Role | Group |
|---|---|---|
Shrinivas G Shirgurkar | Co-Founder | Leadership |
P Ramadas | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Chandrasekhar Bharathi | Co-Founder & Managing Director | Leadership |
Kapil Dhand | Managing Director | Leadership |
| Co-CEO | Leadership | |
T G Deenbandhu | Co-CEO | Leadership |
Kumar Rashmirathi | Co-CEO | Leadership |
B Harish | Co-CEO | Leadership |
Sridhar T P | Co-CEO | Leadership |
L.S. Umesh | Director and CEO | Leadership |
Srinivas G Shirgurkar | Founder Director | Leadership |
P. Thiruvengadam | Independent Director | Board & advisors |
B. G. Dwarakanath | Independent Director | Board & advisors |
Shubha Mayya | Independent Director | Board & advisors |
N K Dhand | Chairman | Board & advisors |
R Srinivasan | Chairman | Board & advisors |
Complete people profiles for Ace Micromatic Group
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Financials of Ace Micromatic Group
Figures of Ace Designers Limited, the primary company behind Ace Micromatic Group, for FY 2025. Revenue was ₹2,372 Cr (+6% year on year). Net profit was ₹214 Cr (9% margin). EBITDA was ₹329 Cr (14% margin). Revenue has grown at a compounded annual rate of +34% over three years and +37% over five years.
- ₹2,372 CrRevenue · FY 2025 · +6% YoY
- ₹214 CrNet profit · 9% margin
- ₹329 CrEBITDA · 14% margin
- ₹19.27 CrPaid-up capital
- 729Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ace Designers Limited are on its company page.
Detailed financial statements for Ace Micromatic Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Ace Micromatic Group
3 dated milestones of Ace Micromatic Group across 52 years, from founding to its latest funding, stage changes and deals.
- Founded Ace Micromatic Group is founded.
- Funding First funding round.
- Funding Latest funding round, Unspecified, of $142.0M.
Web traffic of Ace Micromatic Group
The website of Ace Micromatic Group (acemicromatic.net) receives about 16.5K visits a month.
- Monthly visits16.5K
▼ 10.6% vs previous month
Websites whose visitors overlap most with Ace Micromatic Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pragati-automation.com | 100% | – | – | View details | |
| groz-tools.com | 82% | 19.6K | #1,340,615 | View details | |
amsl.in | amsl.in | 73% | – | #13,225,021 | – |
| t1machinery.com | 72% | – | #5,533,642 | View details | |
machinetools.com | machinetools.com | 71% | – | #211,651 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Ace Micromatic Group
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- 12 similar websites
- Audience overlap
- Engagement analytics
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Related news about Ace Micromatic Group
Complete news archive for Ace Micromatic Group
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Frequently Asked Questions about Ace Micromatic Group
Ace Micromatic Group was founded in 1973 and raised its 1st funding round 40 years after it was founded.
Ace Micromatic Group is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vishwas R Puttige is the current CEO of Ace Micromatic Group.
Ace Micromatic Group has 729 employees.
The primary company behind Ace Micromatic Group, Ace Designers Limited, reported revenue of ₹2,372 Cr for FY 2025, up 6% year on year.
Ace Micromatic Group was established in 1973 in Bengaluru, India, within the machinery manufacturing sector. CNC lathes, turn-mill centers, chuckers, vertical machining centers, and hydraulic grinding machines are produced. Automation accessories and components for diverse industries are supplied. IIoT solutions are integrated to enable real-time machine monitoring and support operational efficiency across customer bases.
Ace Micromatic Group offers CNC Turning Machines and Grinding Machines.
Ace Micromatic Group has 2 investors. Key investors include IIMA Ventures, and Kotak Alternate Asset Managers.
Ace Micromatic Group operates through Ace Designers Limited.
The legal entities of Ace Micromatic Group currently have 12 directors, including Srinivasan Rangarajan, Shuba Rao Mayya, Madhavi Chandrasekhara Bharathi and others.