8/12/2019 Ace Engineers

1/3

Sir,

Reg: M/s ACE Engineers MIDC, Ahmednagar

Brief Background Note:

1 Name of Company M/s ACE Engineers

2 Activity Manufacturers & Exporter of Machined Components !enerator &A"ternator #arts$

% ear ofEsta'"ishment

2($)($2))%

* Dea"ing +ith us 2003 (since nce!tion" So#e Banking

-ector -ME -ma"" .egu"atory Manufacturing

/ DirectorsName Contact No$

Mrs$ .amani -udarshan

0 ocation .egd$ 3ffice45actory

#"ot No$ M() MIDC Industria" area, Ahmednagar

( A'out theCompany

M4s ACE Engineers a proprietary concern esta'"ished 'y Mrs$ .ama

-udarshan in 2))%$

Mr$ 6$ #$ -udarshan, hus'and of Mrs$ .amani -udarshan, +as +or7in

+ith Crompton !reaves td$ 8C!9 as #roduction Manager$

:he firm +as supp"ying parts re;uired for a"ternators & generators C! and

8/12/2019 Ace Engineers

2/3

@$ $etai#s of %und Based & Non %und Based 'iit(Rs) in 'ac

'iits *ur!ose E+isting *ro!osed nc)("/$ec)(-"

%und Based

.'-%res #urchase of Machinery

1))$)) 891))$))Cash Credit 5or pre & post sa"es

Bor7ing Capita"re;uirement

*$)) *$))

#ac7ing Credit +ithinCC

1()$)) 2)$)) 89 0)$))

%B-.ota# 1)00 3)00 40)00

N5 C

N%B-.ota# -- -- --

.ota# 1(*$)) 3)00 40)00

(Rs) in 'ac

1)$ 5inancia" igh"ights8.s$ in acs9

3)03)2 3)03)3

Audited Audited!ross -a"es (*1$2( (**$)@

#A: 0$1 /*$(2

Net Borth 1)1$2 1*2$(

?4 from #roprietor4.e"atives 2$)) 2$))

Current .atio 1$/2 1$0@DE. 8:34:NB9 *$/% 1$1%

11$ .ating

Interna"

8/12/2019 Ace Engineers

3/3

A##o5ed

1% Securit6 :

$etai#s of assets of te fir anddirectors/guarantors

$ate of 7a#uation (Rs) in 'acks"

A *riar6 Securities

1 ypothecation of -toc7,