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Ace Designers Limited Location T. Score Peers Charges People Network Registered Details
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ACE DESIGNERS LIMITED

acedesigners.co.in
Active
Updated: 22 Oct 2024

Ace Designers Limited, is an unlisted public company incorporated on 25 September, 1986. It is classified as a public limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 21.50 cr and the total paid-up capital is INR 18.45 cr.

Ace Designers Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 201.16% over the previous year. At the same time, it's book networth has increased by 290.58%.

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Industry

Manufacturing (Machinery & Equipments)
Products
  • CNC Chuckers, Sliding head automats, Gantry Automation Solutions, Automotive parts machining, Center lathes, Foundry, CNC Turning centers, Robot Automation Solutions, and Conventional lathes, CNC Vertical Turning Lathes, CNC Turnmills, Tooled up Solutions, CNC lathes
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
11.44%
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EBITDA
62.42%
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Net Profit
-38.16%
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Networth
11.86%
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Borrowings
-44.74%
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Assets
2.24%
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Gross Margin
3.46
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Operating Margin
3.08
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Net Profit Margin
-5.22
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Return on Equity
-10.58
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ROCE
7.96
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Debt to Equity
-0.06
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (9)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Mungi Engineers Private Limited Maharashtra
Rane Nsk Steering Systems Private Limited Tamil Nadu
Rockman Industries Limited Punjab
Zetwerk Manufacturing Businesses Private Limited Karnataka

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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ROE GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
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Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
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Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
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Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
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Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
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ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
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Performance
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Kotak Mahindra Bank Limited

No. of Loans: 3

Total Amount : 100.0 cr

2

Standard Chartered Bank

No. of Loans: 3

Total Amount : 93.4 cr

3

HDFC Bank Limited

No. of Loans: 2

Total Amount : 79.0 cr

4

HSBC BANK (MAURITIUS) LIMITED

No. of Loans: 1

Total Amount : 66.8 cr

5

The Federal Bank Limited

No. of Loans: 1

Total Amount : 40.0 cr

6

The Karnataka Bank Limited

No. of Loans: 1

Total Amount : 37.9 cr

7

Tata Capital Financial Services Limited

No. of Loans: 1

Total Amount : 30.0 cr

8

Axis Bank Limited

No. of Loans: 1

Total Amount : 27.1 cr

9

Canara Bank

No. of Loans: 1

Total Amount : 21.5 cr

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Charges

Kotak Mahindra Bank Limited
Standard Chartered Bank
HDFC Bank Limited
HSBC BANK (MAURITIUS) LIMITED
Others

People

Designation Name DIN/PAN Tenure
Director Srinivasan Rangarajan 00043658 23 years
Managing Director Shrinivas Govindrao Shirgurkar
Shareholder
00173944 38 years
Managing Director Benedict Machado
Shareholder
00174074 38 years
Director Benne Gopal Rao Dwarakanath 00449073 1 years
Director Ramadas Puttige 01510873 1 years
Managing Director Thirumalaimuppur Ramesh 01790388 2 years
CS Rajesh Ramegowda . <HIDDEN> 3 years
Director Shuba Rao Mayya 08193276 3 years
Kmp Chakravarthy Venkata Vijaya Srinivas <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
INDIAN MACHINE TOOL MANUFACTURERS ASSOCIATION
Active
0.0 3 Maharashtra
STERLING ABRASIVES LIMITED
Active
90.0 L 1 Gujarat
IMTMA MACHINE TOOL INDUSTRY PARK
Active
0.0 2 Karnataka
RAS TRANSFORMATION TECHNOLOGIES PRIVATE LIMITED
Strike Off
1.0 L 1 Karnataka
BANGALORE INTERNATIONAL EXHIBITION SERVICES PRIVATE LIMITED
Strike Off
1.0 L 1 Karnataka
MURUGAPPA MORGAN THERMAL CERAMICS LTD
Active
2.9 Cr 1 Tamil Nadu
TTK PRESTIGE LIMITED
Active
13.9 Cr 1 Tamil Nadu
WENDT INDIA LIMITED
Active
2.0 Cr 1 Karnataka
AUTO CNC MACHINING LIMITED
Active
32.6 L 3 Karnataka
ACEMICROMATIC MANUFACTURING INTELLIGENCE TECHNOLOGIES PRIVATE LIMITED
Active
64.5 L 1 Karnataka
ACE MANUFACTURING SYSTEMS LIMITED
Amalgamated
76.4 L 6 Karnataka
PRAGATI TRANSMISSION PRIVATE LIMITED.
Active
50.0 L 2 Karnataka
MICROMATIC MACHINE TOOLS PRIVATE LTD
Active
67.6 L 4 Karnataka
ACE MULTI AXES SYSTEMS LIMITED
Active
27.0 L 2 Karnataka
TITAN MECHATRONICS LIMITED
Active
5.1 L 1 Tamil Nadu
AMS PRECISION PRODUCTS PRIVATE LIMITED
Active
79.0 L 1 Karnataka
AMS BHARGAVA MACHINING PRIVATE LIMITED
Active
87.0 L 1 Karnataka
SINAR SHEETMETAL SOLUTIONS PRIVATE LIMITED
Active
40.0 L 1 Karnataka
TAURUS PRIVATE LIMITED
Active
3.0 Cr 1 Karnataka
ACE MICROMATIC INTERNATIONAL PRIVATE LIMITED
Active
5.0 Cr 1 Karnataka
LE TRAVENUES TECHNOLOGY LIMITED
Active
37.5 Cr 1 Haryana
CONFIRM TICKET ONLINE SOLUTIONS PRIVATE LIMITED
Amalgamated
13.8 L 1 Haryana
HAPPIEST MINDS TECHNOLOGIES LIMITED
Active
30.5 Cr 1 Karnataka
STOVE KRAFT LIMITED
Active
33.1 Cr 1 Karnataka
AMACE SOLUTIONS PRIVATE LIMITED
Active
9.2 Cr 2 Karnataka

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
TAURUS PRIVATE LIMITED Karnataka 1984 ₹ 3.0 Cr
ACE MICROMATIC INTERNATIONAL PRIVATE LIMITED Karnataka 2019 ₹ 5.0 Cr
AMACE SOLUTIONS PRIVATE LIMITED Karnataka 2018 ₹ 9.2 Cr

Registered Details

CIN

U29199KA1986PLC007816

PAN

AABCA2364F

Incorporation

1986, 38.2 years

Company Email

rajesh_r@acedesigners.co.in

Paid up Capital

₹ 18.4 Cr

Authorised Capital

₹ 21.5 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2024 Updated on : 22 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - ACE DESIGNERS LIMITED

What is the incorporation date of ACE DESIGNERS LIMITED?

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The incorporation date of ACE DESIGNERS LIMITED is 25 September, 1986

What is the authorized share capital of ACE DESIGNERS LIMITED?

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The authorized share capital of ACE DESIGNERS LIMITED is INR ₹ 21.5 Cr.

What is the paid-up capital of ACE DESIGNERS LIMITED?

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The paid-up capital of ACE DESIGNERS LIMITED is INR ₹ 18.4 Cr.

What is the registered address of ACE DESIGNERS LIMITED?

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The registered address of ACE DESIGNERS LIMITED is PLOT NO. 7 & 8, II PHASE,PEENYA INDUSTRIAL AREA, NA BANGALORE Karnataka - 560058

What is the CIN number of ACE DESIGNERS LIMITED?

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The CIN number of ACE DESIGNERS LIMITED is U29199KA1986PLC007816.

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