Acre Cooling Systems Private Limited
About Acre Cooling Systems Private Limited
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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
Contact details
Acre Cooling Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5 Radhika Niwas Commercialpremises Next To Union Bank Of India Sir M V Rd Andheri E, Mumbai, Maharashtra, India – 400069
- IndustryConsumer Electronics & Durables, White Goods Retail & Distribution
To see the full contact details of Acre Cooling Systems Private Limited, buy the company report.
- 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
Financials of Acre Cooling Systems Private Limited
FY 2021 filings availableAcre Cooling Systems Private Limited reported revenue of ₹52 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
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
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| Total Revenue | ₹52 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Acre Cooling Systems Private Limited, buy the company report.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atita Jagannath Shetty | Additional Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Pushpa Sanjeeva Shetty | Director | 21 Jul 1997 | 29 Years 3 Months | Current |
Auditor
Acre Cooling Systems Private Limited is audited by I R SHETTY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I R SHETTY & ASSOCIATES | FY 2020 | 127623W |
Shareholding
The shareholding of Acre Cooling Systems Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Acre Cooling Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2009 | 10185560 | Union Bank of India | ₹20 Lakh | Open | |
| 21 Mar 2007 | 10044039 | Union Bank of India | ₹45 Lakh | Open | |
| 19 Feb 2007 | 10044036 | Union Bank of India | ₹35 Lakh | Open | |
| 19 Feb 2007 | 10044038 | Union Bank of India | ₹30 Lakh | Open |
To see the full charge records of Acre Cooling Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Acre Cooling Systems Private Limited has 12 court cases on record: 2 filed by Acre Cooling Systems, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 0 |
| District courts | 5 | 5 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by Ms.Roha Dye Chem Pvt.Ltd Through Manager Mr.Iswrlal Maganlal Patel | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by S K M Enterprises Pvt Ltd | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by M/S. S. K. M. Enterprises Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by S.K.M. Enterprises Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (APPLN) | Filed by the company against M/S. Sky Entertainment (P) Ltd. and Ors. | Disposed |
To see the full case history of Acre Cooling Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acre Cooling Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Acre Cooling Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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:
- Atita Jagannath Shetty - Additional Director
- Pushpa Sanjeeva Shetty - Director
The latest financial statements of Acre Cooling Systems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
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 operates in the consumer electronics and durables industry, in the white goods retail and distribution segment.
Acre Cooling Systems has open charges of ₹1.3 Cr and no satisfied charges on record as per latest MCA filings.