Asc Power Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.19 Cr
- Satisfied Charges ₹ 14.35 Cr
- Revenue Growth 247.99%
- Profit Growth 332.21%
- Ebitda 163.75%
- Net Worth 41.95%
- Total Assets 46.30%
About Asc Power
Asc Power Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2011 and has a history of 13 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹10.19 Cr. The company has closed loans amounting to ₹14.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kapil Kothari and Jeetendra Kothari serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U40300MH2011PTC217529
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Company No.
217529
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 May 2011
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Asc Power?
Board Members (2)
Name | Designation | Appointment Date | Status |
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Kapil Kothari
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Director | 16-May-2011 | Current |
Jeetendra Kothari
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Director | 16-May-2011 | Current |
Financial Performance of Asc Power.
Asc Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 247.99% increase. The company also saw a substantial improvement in profitability, with a 332.21% increase in profit. The company's net worth Soared by an impressive increase of 41.95%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asc Power?
In 2023, Asc Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹10.19 Cr
₹14.35 Cr
Charges Breakdown by Lending Institutions
- Others : 10.19 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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17 May 2024 | Others | ₹3.13 M | Open |
08 Dec 2021 | Others | ₹6.00 M | Open |
08 Jan 2021 | Others | ₹9.28 Cr | Open |
29 Jan 2019 | Axis Bank Limited | ₹8.04 Cr | Satisfied |
30 Aug 2013 | Others | ₹6.31 Cr | Satisfied |
How Many Employees Work at Asc Power?
Asc Power has a workforce of 397 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Asc Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asc Power's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
![Alert Indicator](/Images/tcc-login/Alert-Indicator-small.webp)
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.