MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-04-0056773
Ivory Ace Structures Private Limited - infrastructure and utilities in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.93 Cr
▲ 54% YoY
Net profit · FY 2025
₹59.14 Lakh
Net margin 4%
EBITDA · FY 2025
₹1.77 Cr
EBITDA margin 11.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹9.61 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
66
Provident fund records
About Ivory Ace Structures Private Limited
Data last updated:
Ivory Ace Structures Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2020PTC140137. Its GSTIN is 29AAFCI8705A1ZP (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vithal Vijay Patil and Rohit Ramesh Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts No. 5576/C Goods – Shed Road, Belgaum, Karnataka, India – 590001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.93 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹59.14 Lakh (net margin 4%) and EBITDA of ₹1.77 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ivory Ace Structures. As per MCA filings, the company has open charges of ₹9.61 Cr on record.
Ivory Ace Structures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0056773). For more details, the company can be reached via its website ivoryacestructures.com.
Company details
CIN U45400KA2020PTC140137
Registration Number 140137
Incorporation Date 23 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-04-0056773
Recognitions & Rankings of Ivory Ace Structures
Contact details
Ivory Ace Structures Private Limited's registered office is in Belgaum, Karnataka. Its website is ivoryacestructures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCts No. 5576/C Goods – Shed Road, Belgaum, Karnataka, India – 590001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ivory Ace Structures Private Limited, buy the company report.
Comprehensive company report
Ivory Ace Structures Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ivory Ace Structures operates one associated brand: Ivory Ace Structures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ivory Ace Structures was founded in 2020 in Belgaum, India. | ivoryacestructures.com |
Business activity
The main business activity of Ivory Ace Structures is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Ivory Ace Structures Private Limited, buy the company report.
Financials of Ivory Ace Structures Private Limited
FY 2025 filings availableIvory Ace Structures Private Limited reported revenue of ₹14.93 Cr (up 54% YoY) for FY 2025.
Revenue · FY 2025
₹14.93 Cr ▲ 54%
Net profit · FY 2025
₹59.14 Lakh margin 4%
EBITDA · FY 2025
₹1.77 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 82%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 106%
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 54% growth in the latest year. EBITDA rose 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.77 Cr | ||||
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| Net Profit (PAT) | ₹59.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Ivory Ace Structures Private Limited, buy the company report.
Board of directors of Ivory Ace Structures Private Limited
Ivory Ace Structures has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vithal Vijay Patil | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
| Rohit Ramesh Patil | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Ivory Ace Structures Private Limited is audited by SRIRANG KULKARNI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIRANG KULKARNI & ASSOCIATES | FY 2023 | 022144S |
Shareholding
The shareholding of Ivory Ace Structures Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ivory Ace Structures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.61 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101091521 | Hdfc Bank Limited | ₹21.36 Lakh | Open | |
| 04 Dec 2024 | 101088307 | Hdfc Bank Limited | ₹12.13 Lakh | Open | |
| 25 Nov 2024 | 101074447 | Hdfc Bank Limited | ₹42.84 Lakh | Open | |
| 08 Feb 2024 | 100873855 | Canara Bank | ₹7.9 Cr | Open | |
| 17 Jan 2023 | 100694995 | State Bank of India | ₹95 Lakh | Open |
To see the full charge records of Ivory Ace Structures Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ivory Ace Structures 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 Ivory Ace Structures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ivory Ace Structures Private Limited has a workforce of 66 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
66
Active EPFO establishments
1
Employee growth
-25.84%
GST
Ivory Ace Structures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI8705A1ZP | Karnataka | Active | 17 Jul 2021 |
To see the full GST registrations and return filing status of Ivory Ace Structures Private Limited, buy the company report.
Recent activity
Ivory Ace Structures Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Rohit Ramesh Patil was appointed as Director on 23 Oct 2020.
AGM
Ivory Ace Structures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 7.90 Cr registered on 08 Feb 2024 with Charge ID 100873855 was modified on 15 May 2025.
Filing
Ivory Ace Structures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101091521 was registered on 12 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101088307 was registered on 04 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 101074447 was registered on 25 Nov 2024.
Charges
A charge with Canara Bank amounted to Rs. 7.90 Cr with Charge ID 100873855 was registered on 08 Feb 2024.
Charges
A charge with State Bank Of India amounted to Rs. 0.95 Cr with Charge ID 100694995 was registered on 17 Jan 2023.
Appointed
Rohit Ramesh Patil was appointed as Director.
Appointed
Vithal Vijay Patil was appointed as Director.
Incorporation
23 Oct 2020
Ivory Ace Structures Private Limited was registered on 23 Oct 2020 with Roc Bangalore & aged 6 years 6 days as per MCA records.
Frequently asked questions
Ivory Ace Structures is an active private limited company based in Belgaum, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U45400KA2020PTC140137.
Ivory Ace Structures has 2 current directors:
- Vithal Vijay Patil - Director
- Rohit Ramesh Patil - Director
The latest financial statements of Ivory Ace Structures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ivory Ace Structures is 29AAFCI8705A1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ivory Ace Structures is U45400KA2020PTC140137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivory Ace Structures was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Rohit Ramesh Patil was appointed as Director on 23 Oct 2020. Vithal Vijay Patil was appointed as Director on 23 Oct 2020.
Yes, Ivory Ace Structures is registered as a small enterprise under Udyam registration (number: UDYAM-KR-04-0056773).
Ivory Ace Structures can be reached through the website ivoryacestructures.com. Its registered office is in Belgaum, Karnataka, India.
The registered office of Ivory Ace Structures is at Cts No. 5576C Goods – Shed Road, Belgaum, Karnataka, India – 590001.