Acemica

Ahmedabad, India Founded: 1990 • Age: 36 yrs
A brand specializing in multi-category home furniture solutions.

About Acemica

Acemica is a Consumer company based in Ahmedabad (India) founded in 1990. A brand specializing in multi-category home furniture solutions. It operates on a B2C model. The company has 15 employees. Its Indian entity Ace Mica Private Limited reported revenue of β‚Ή72.59 Cr. Its focus areas include Consumer Goods, Furniture, Home Furnishings and Multi-Category Brands. Its competitors include 10Club, Nestasia and Fabindia; 2 of its 3 listed competitors have raised funding.

Company details

Acemica, established in 1990, excels in producing consumer products, producing furniture, home furnishings, and multi-category brands. A brand specializing in multi-category home furniture solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Ahmedabad, India
  • Employees 15
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website acemica.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Ace Mica Private Limited
  • Date of Incorporation 11 Mar, 2015
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹72.59 Cr

    FY 2024 · -19% YoY

  • Net Profit
    ₹5.85 Cr

    FY 2024 · 8% margin

  • EBITDA
    ₹10.07 Cr

    FY 2024 · 14% margin

  • Employee Count
    15

Board of directors of Ace Mica Private Limited (Acemica)

Ace Mica Private Limited is the primary company behind Acemica. The board of Ace Mica Private Limited currently have 3 directors; the longest-serving is Megha Mukesh Kanoi, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Megha Mukesh Kanoi
DIN 06501256
Director11 Mar 201511 yrs 7 moAce Mica Private Limited
Shankar Lalchand Kanoi
DIN 00694554
Director11 Mar 201511 yrs 7 moAce Mica Private Limited
Mukesh Shankarlal Kanoi
DIN 02064492
Director08 Mar 20224 yrs 7 moAce Mica Private Limited

Financials of Acemica

Figures of Ace Mica Private Limited, the primary company behind Acemica, for FY 2024. Revenue was ₹72.59 Cr (-19% year on year). Net profit was ₹5.85 Cr (8% margin). EBITDA was ₹10.07 Cr (14% margin). Revenue has grown at a compounded annual rate of +15% over three years and +8% over five years.

  • ₹72.59 CrRevenue · FY 2024 · -19% YoY
  • ₹5.85 CrNet profit · 8% margin
  • ₹10.07 CrEBITDA · 14% margin
  • ₹3.00 CrPaid-up capital
  • 18Employees (provident fund records)
  • +15%Revenue CAGR, 3 years
  • +8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ace Mica Private Limited are on its company page.

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Detailed financial statements for Acemica

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Competitors of Acemica

Acemica has 3 listed competitors in our database, 2 of them funded. They include 10Club, Nestasia and Fabindia.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
10clubhomes.com2020Bengaluru, India$44.47M48
Multi-category home products are offered through an internet-first platform.
nestasia.in2018Kolkata, India$12.4M164
Internet-first brand of multi-category home improvement products
fabindia.com1960Delhi, India1,522
Internet first brand of ethnic wear, home furniture, and home decor products
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Detailed competitors of Acemica

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Web traffic of Acemica

The website of Acemica (acemica.com) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

    ▲ 13.1% vs previous month

Top companies in Home & Living Products

3 companies that operate in the same segment as Acemica (Home & Living Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 26.92 B43,024
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Frequently Asked Questions about Acemica

Acemica was founded in 1990.

Acemica is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Acemica has 15 employees.

The primary company behind Acemica, Ace Mica Private Limited, reported revenue of β‚Ή72.59 Cr for FY 2024, down 19% year on year.

Acemica, established in 1990, excels in producing consumer products, producing furniture, home furnishings, and multi-category brands. A brand specializing in multi-category home furniture solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Acemica's top competitors include Nestasia, Fabindia and 10Club.

Acemica operates through Ace Mica Private Limited.

The legal entities of Acemica currently have 3 directors, including Mukesh Shankarlal Kanoi, Megha Mukesh Kanoi, Shankar Lalchand Kanoi.

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