Asc Power Private Limited

Provides power construction services.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300MH2011PTC217529

  • Company No.

    217529

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Asc Power?

Board Members (2)

Name Designation Appointment Date Status
Kapil Kothari Country flag representing In Director 16-May-2011 Current
Jeetendra Kothari Country flag representing In 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
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
247.99%
Revenue from Operations
248.71%
Total Assets
46.30%
Profit or Loss
332.21%
Net Worth
41.95%
EBITDA
163.75%

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

Charges (Loans)

Open Charges

₹10.19 Cr

Satisfied Charges

₹14.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.19 Cr

Latest Charge Details

Date Lender Amount Status
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

Deals i

Graph showing company valuation over time

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

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

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.

Latest Updates, News, and FAQs on Asc Power

Recent activity within the organization

  • Annual General Meeting

    Asc Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 29 Jan 2019 via Charge ID 100240031 with Axis Bank Limited was fully satisfied on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100923470 was registered on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Asc Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100518322 was registered on 08 Dec 2021.

    08 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 9.28 Cr with Charge ID 100410104 was registered on 08 Jan 2021.

    08 Jan 2021

Frequently asked questions

  • Asc Power Private Limited was incorporated on 16 May 2011.

  • The authorized share capital of Asc Power Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Asc Power Private Limited.

    • Kapil Jeetendra Kothari
    • Jeetendra Multanmal Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asc Power Private Limited is 239/8 Kothari House Yusuf Palace L J Road Shivaji Park, Mahim India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Asc Power Private Limited is U40300MH2011PTC217529 and the company number is 217529 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asc Power Private Limited is https://www.ascpower.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asc Power Private Limited has risen by 247.99%.

  • As Per 2023 financial reports, 397 employees are currently employed by Asc Power Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asc Power Private Limited has experienced an upsurge of 41.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asc Power Private Limited amount to ₹ 10.19 Cr.

  • The most recent Balance Sheet for Asc Power Private Limited was filed with the ROC on 31 Mar 2024.